Morocco Financial News

Rohan Bopanna brought the curtains down on his Davis Cup career with a comfortable straight set win with Yuki Bhambri, a victory that put India ahead 2-1 in the World Group II tie against Morocco, here on Sunday. The 43-year-old Bopanna, coming out to play his 33rd and final tie, and Bhambri raced to a 6-2 6-1 win over Elliot Benchetrit and Younes Lalami Laaroussi in one hour and 11 minutes at the Mini Stadium. Sumit Nagal now need to win against Yassine Dlimi to close the tie in India's favour. An emotional Bopanna rested his India-shirt on the court, marking the end of his Davis Cup career in which he played 33 ties, winning a total of 23 matches including 13 in doubles. Watched by his family and friends, Bopanna acknowledged their and fans' appreciation and blew kisses towards the stands. About 50 of Bopanna's family and friends flew to Lucknow to watch him one last time in Davis Cup. They were wearing T-shirts that had a tri-colour-waving Bopanna picture printed. Younes could not hold his serve even once in the match while the Indians faced just one break point when Bhambri served and saved that too. The Indians drew the first blood when they broke Younes.

Marrakech, Morocco, shared videos recorded before the 6.8 magnitude earthquake that hit the area Friday, showing unidentified lights in the sky. The bizarre aerial phenomena are known as earthquake lights and seem to occur above sites of seismic stress. «People have wondered about them forever,» said Karen Daniels, a physicist at North Carolina State University. «It's one of those persistent mysteries that hang around and never quite get nailed.» Earthquake lights are difficult to study because earthquakes are impossible to predict. Without knowing when or where they will occur, researchers don't know where to place sensitive equipment that can detect them. Some experts doubt they're associated with earthquakes at all, according to the U.S. Geological Survey. But accounts of these lights go back centuries, said John Ebel, a seismologist at Boston College who wrote a book on the history of earthquakes in the northeastern United States. In a study in 2014, researchers found reports of aerial luminous phenomena from 65 earthquakes occurring in Europe and the Americas during the 18th, 19th and 20th centuries. People have reported a variety of kinds of earthquake lights, ranging from glows high in the sky to low on the horizon. Some last up to minutes; others flash on and off like lightning. They've also been seen in different colors.

India when it takes on an unostentatious Morocco in the home tie, which will be more of a celebration of Rohan Bopanna's Davis Cup career, which will come to a halt after 21 years on Sunday. The lack of singles players who could challenge the big boys of the ATP circuit, coupled with defeats in winnable matches, has hurt the Indian Davis Cup team badly in the last few years in this team tournament, but relegation to World Group II was a new low the Indian team hit in February. It was for the first time since the new format was launched in 2019 that the Indians dropped to this level. Much has changed since India last played in the Davis Cup tie in March, when it lost 2-3 to Denmark. Indian tennis has hardly had any memorable moments this season until Bopanna reached the US Open final last week. It's not just the lack of on-court results in singles; off-court, the country also felt the disappointment of losing its only ATP 250 event.Yuki Bhambri, one of the finest players India has seen, has stopped playing the singles format.

Berkeley Earth, which focuses on environmental data science and analysis, said last month was the warmest August since records began to be kept in 1850, with «particularly warm conditions» prevailing in parts of India, Japan, North Atlantic, Eastern Equatorial Pacific, Northern South America, Central America, parts of Africa and the Middle East. The National Oceanic and Atmospheric Administration (NOAA), a US government agency, said on Thursday that 2023 witnessed Earth's hottest August in its 174-year climate record. The sizzling month also marked the northern hemisphere's warmest meteorological summer and the southern hemisphere's warmest meteorological winter on record, the NOAA's National Centres for Environmental Information said. Berkeley Earth said August 2023 exceeded the previous record set in August 2016 by 0.31 degrees Celsius, «a surprisingly large margin, well outside the margin of uncertainty». Its researchers said: «We estimate that 13 per cent of the Earth's surface experienced its locally warmest August average, and 87 per cent of the Earth's surface was significantly warmer when compared to its local average during the period from 1951 to 1980.» In total, they estimated that 65 countries (mostly in the tropics) witnessed their warmest August on record. These countries include Bahrain, Barbados, Brazil, Cambodia, Cameroon, Chad, China, Colombia, Cuba, Iran, Iraq, Japan, Kenya, Mexico, Morocco, Niger, Panama, Peru, the Philippines, Qatar, Russia, Rwanda, Saudi Arabia, Sri Lanka, Sudan, Suriname, Turkiye, Venezuela and Yemen. Some of these countries broke their August records by extraordinary margins.

banking services at precisely the moment when extra funds are most needed for essential supplies such as medical supplies and food. Cryptocurrency transfers have become an increasingly popular way to provide financial assistance to disaster victims due to their speed, low costs, borderless nature, and transparent transactions.

Libya's eastern city of Derna on Tuesday, and it was feared the toll could surpass 5,000 after floodwaters smashed through dams and washed away entire neighborhoods of the city. The startling death and devastation wreaked by Mediterranean storm Daniel pointed to the storm's intensity, but also the vulnerability of a nation torn apart by chaos for more than a decade. The country is divided by rival governments, one in the east, the other in the west, and the result has been neglect of infrastructure in many areas. Outside help was only just starting to reach Derna on Tuesday, more than 36 hours after the disaster struck.

Cryptocurrency exchange Binance has pledged millions of dollars in BNB (BNB) as aid relief for those affected by the large earthquake that struck Morocco on Sept. 8, causing at least 2,000 fatalities in Marrakech alone, the country’s fourth-largest city.

banking services when extra funds are required for essential needs like medical supplies and food. Cryptocurrency transfers have increasingly become a means of delivering financial aid to disaster victims due to their speed, low cost, borderless nature, and transparency.

The toll of the earthquake that devastated Morocco is on stark display in dozens of remote villages across the North African county's disaster zone

Morocco devastated by the country's biggest earthquake in over a century camped outside for a fourth night on Monday, as the death toll rose to more than 2,800 people. Search teams from Spain, Britain and Qatar joined Moroccan efforts to find survivors from the 6.8 magnitude quake that struck in the High Atlas Mountains late on Friday, flattening the traditional mud brick houses ubiquitous in the region. State TV reported late on Monday that the death toll had risen to 2,862, with 2,562 people injured. With much of the quake zone in hard-to-reach areas, authorities have not issued any estimates for the number of missing. In the village of Tinmel, almost every house was pulverised and the entire community has been left homeless.

International aid groups have mobilized in Morocco where a 6.8 magnitude earthquake Friday night has killed 2,681 and injured more than 2,500

The toll of the earthquake that devastated Morocco is on stark display in dozens of remote villages across the North African county's disaster zone

NEW DELHI : The global proliferation of digital public infrastructures (DPIs) can be part of India’s soft power projection, in turn helping “increase our influence" around the world, said Ram Sewak Sharma, former chief executive of the Centre’s National Health Authority (NHA). In an interview on the sidelines of the first Digital Public Dialogues, a government-backed discussion forum in Delhi on Monday, Sharma underlined the importance of DPIs, which were a part of India’s agenda during its G20 presidency that concluded on 10 September. “China has a huge amount of money, which can be used to influence global stakeholders.

Morocco after a devastating earthquake there. The money will go to aid organisations already active in the disaster zone, Foreign Minister Catherine Colonna told the BFM broadcaster. Colonna brushed off questions about the absence of any official Moroccan request for aid from France. Morocco is «sovereign» and «alone entitled to determine what its needs are», she said. Relations between France and Morocco are strained, notably because of French President Emmanuel Macron's efforts to forge closer ties with Algeria, Morocco's neighbour. A planned visit by Macron to Morocco has still to be confirmed, and Morocco's ambassador post in France has been empty for months. Asked why Morocco had accepted official aid from Spain and the United Kingdom among others, but not France, Colonna said «this debate is inappropriate». «People are suffering.

earthquake struck central Morocco on Friday night, according to the latest update from the Moroccan Interior Ministry. The deaths include 1,351 people reported in the Al Haouz Province, 492 in Taroudant Province, 201 in Chichaoua, and 17 in Marrakesh, added the ministry in a press release on Sunday. Moroccan troops and emergency services were reportedly struggling to reach the most affected areas in the Atlas Mountains region, as roads leading up there were blocked by fallen boulders, Xinhua news agency reported, citing local media. Earlier in the day, Marrakesh's residents told reporters that aftershocks could still be felt. According to the World Health Organization estimates, the disaster has affected more than 300,000 people in the ancient old city and its outskirts. The number of casualties is expected to rise. The Moroccan Red Crescent (MRC) has said the situation on the ground posed a vast challenge to search and rescue efforts, and «getting heavy machinery into those remote areas of the Atlas Mountains to help with that is a priority». As more people were being pulled out of the rubble, the MRC and other first responders were working around the clock to identify and prioritize the most severe cases, the MRC said in a statement. The earthquake hit Morocco Friday at 11:11 p.m.

By Ahmed Eljechtimi

By Jihed Abidellaoui, Alexander Cornwell and Ahmed Eljechtimi

Morocco is working to rescue survivors while praying for victims of the country’s strongest earthquake in more than a century

Montreal is home to Canada’s largest Moroccan population and on Saturday, many community members awoke to the tragic news that the country’s central region was struck overnight by its largest recorded earthquake in over a century.

earthquake that killed more than 2,000 people, as rescue teams raced to find survivors trapped in the rubble of flattened villages. The strongest-ever quake to hit the country has killed at least 2,012 people and injured over 2,059, many of them critically, according to the latest official figures. Friday's 6.8-magnitude quake struck 72 kilometres (45 miles) southwest of the tourist hub of Marrakesh, wiping out entire villages in rural areas. «I've lost everything», said Lahcen, a resident of the mountain village of Moulay Brahim, whose wife and four children were killed. Rescue workers recovered the bodies of Lahcen's three daughters from the rubble of what was once their home, but have not yet found the bodies of his wife and son. «I can't do anything about it now, I just want to get away from the world and mourn.» Troops and emergency services have scrambled to reach remote mountain villages where victims are still feared trapped. Al-Haouz province, where the epicentre of the earthquake was located, suffered the most deaths with 1,293, followed by the province of Taroudant with 452.First funerals Bouchra, another resident of remote Moulay Brahim village, dried her tears with her scarf as she watched men digging graves to bury the victims. «My cousin's grandchildren are dead», she said in a knotted voice. «I saw the devastation of the earthquake live, and I'm still shaking.

G20 Summit remained full of heavy engagements for the world leaders here in New Delhi including the announcement of a historic connectivity deal between India, the Middle East, and Europe. The US, India, Brazil, and South Africa reaffirmed their shared commitment to the G20, which is to deliver solutions for the shared world. Morocco's government said that 2,000 died and 329 were injured after a powerful quake, more than doubling the earlier toll.