MEDI1TV Afrique : JT Economie - 09/12/2024
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00:00Hello and welcome, it's time for your Economy News.
00:11In the wake of the economic news, the European Bank for Reconstruction and Development awarded
00:17a loan of 50 million euros to the Morocco Agricultural Credit to support very small,
00:22small and medium-sized businesses, particularly those located in the areas affected by the
00:28September 2023 earthquake.
00:30This funding aims to provide the necessary resources to restart their activities, maintain
00:35employment and strengthen their economic resilience.
00:38Signed at Rabat, this agreement is part of a strategic partnership established at the
00:43beginning of the year, which focuses on access to funding for rural businesses,
00:47green economy and financial inclusion in Morocco.
00:51The allocated funding will support about 65% of the SMEs located in the affected regions,
00:58thus contributing to local economic reconstruction.
01:01In the wake of the national economic news, Morocco and the African Development Bank
01:07concluded three financing agreements totaling 344.7 million euros to support strategic projects.
01:15The first agreement, of a sum of 120 million euros, aims to finance a program intended
01:21to strengthen economic governance and resilience to climate change,
01:25in particular thanks to reforms in public companies.
01:28The second, of 104.7 million euros, will improve digitization.
01:34The third, also endowed with 120 million euros, will be dedicated to the development of the
01:39industrial zone of the port of Nador, West Med, in order to consolidate its role as a logistical and industrial platform.
01:47Before closing the page Morocco, know that the first direct flight of the Royal Air Morocco
01:52from Casablanca landed Saturday night in Sao Paulo, marking the long-awaited resumption
01:58of direct links between Morocco and Brazil, suspended for five years due to the COVID-19 pandemic.
02:05The reopening of this strategic link connecting the two economic capitals
02:10spreads a growing demand for businessmen and tourists on both sides of the Atlantic.
02:15Operated for three weekly flights, the link offers departures from Casablanca on Monday,
02:21Thursday and Saturday at 4.40 p.m. for an arrival in Sao Paulo at 10.20 p.m. local time.
02:27Flights return to Quito, the Brazilian capital, every Tuesday, Friday and Sunday at 8.25 p.m.
02:34to reach Casablanca at 1.15 p.m.
02:37In international economic news, France's trade deficit has continued to grow slightly
02:43to €7.9 billion in October, driven by a decrease in exports while imports have remained stable.
02:53According to French customs, imports remained in October and were established at €56.6 billion,
03:01when exports decreased from €100 million in the month to €48.7 billion.
03:07The trade deficit thus increased for the third consecutive month, but less quickly.
03:13It was established at €6.4 billion in July and €7.2 billion in August.
03:19In detail, in October, French energy sales fell by €100 million,
03:24like the previous deficit of €4.5 billion.
03:29After three months of decline, energy sales stabilized,
03:32with a deficit of €5 billion in October as in September.
03:37With a drop of €200 million in October,
03:39the commercial balance of consumer goods has become deficient for the first time since November 2023.
03:47We continue our newspaper in Germany.
03:49Against the expectations of experts, industrial production plunges again in October.
03:55According to the Office of Statistics, this is a key indicator for the manufacturing sector,
04:00which has fallen by 1% over a month.
04:02Correctional data of seasonal variations after a drop of 2% in September, according to revised data.
04:09Experts questioned the table on a 1% bounce,
04:12on a year when industrial production fell by 4.5% compared to October 2023.
04:18It was particularly plumbed by energy production and that of the automotive industry.
04:24The German GDP in the third quarter increased by 0.1%, less than initially expected.
04:30The German government is targeting a 0.2% decline in GDP this year,
04:36while the euro zone should grow by 0.8%, according to Brussels.
04:41According to the president of the German Central Bank,
04:44the customs rights bonds promised by Donald Trump for his return to the White House
04:49could cost Germany 1% of its gross domestic product.
04:54This is the end of today's edition.
04:56Good luck with the programs on our antenna.