Business

King Mohammed VI Wants Exceptional Relations with Mauritania

Rabat – President of Mauritania Mohamed Ould Cheikh El Ghazouani received on Wednesday the Moroccan Minister of Foreign Affairs Nasser Bourita, who is currently on a visit to Nouakchott.Bourita traveled to Mauritania on Tuesday evening to discuss means to further boost Mauritanian-Moroccan relations.Following his meeting with the Mauritanian President, the minister said at a press briefing that he was “honored” to meet with El Ghazouani.The FM added that the meeting served as an opportunity to convey the greetings of King Mohammed VI to the Mauritanian leader and Morocco’s strong will to reinforce relations with Mauritania.The FM said that the two countries are “enjoying constant ties of solid brotherhoods backed by a partnership” in several fields, including trade.The two countries are...

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Business

Fed policymakers cautiously optimistic on U.S. economy despite new risks, minutes show

WASHINGTON — Federal Reserve policymakers were cautiously optimistic about their ability to hold interest rates steady this year, minutes of the central bank’s last policy meeting showed, even as they acknowledged new risks caused by the coronavirus outbreak.The readout on Wednesday of the policy discussion, at which policymakers unanimously voted to keep interest rates unchanged in a target range of between 1.50% and 1.75%, also showed Fed officials were skeptical about any big rethink of the central bank’s inflation target.“Participants generally saw the distribution of risks to the outlook for economic activity as somewhat more favorable than at the previous meeting,” the Fed said in the minutes of the Jan. 28-29 meeting. It went on to say the current stance of monetary policy was...

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Business

Post-Brexit UK Could Find Hope in Morocco

Rabat- Faced with a December 31, 2020 deadline, the UK has a narrow 11 month transition period in which to negotiate a trade deal with the European Union (EU), after officially exiting the organization on January 31.Recent commentaries surrounding the issue suggest that it will be very difficult for the two parties to agree on the terms of a trade deal, given their ideological differences. UK Prime Minister Boris Johnson’s emphasis is on maintaining the UK’s sovereignty and independence, while the European Union wants the UK to adhere to EU commerce regulations if it is to continue trading with EU member states.During a speech in Greenwich on February 3, Johnson drew a hard line against any deal involving Britain’s alignment with EU regulations, giving preference to a deal absent of tra...

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Business

Post-Brexit UK Could Find Hope in Morocco

Rabat- Faced with a December 31, 2020 deadline, the UK has a narrow 11 month transition period in which to negotiate a trade deal with the European Union (EU), after officially exiting the organization on January 31.Recent commentaries surrounding the issue suggest that it will be very difficult for the two parties to agree on the terms of a trade deal, given their ideological differences. UK Prime Minister Boris Johnson’s emphasis is on maintaining the UK’s sovereignty and independence, while the European Union wants the UK to adhere to EU commerce regulations if it is to continue trading with EU member states.During a speech in Greenwich on February 3, Johnson drew a hard line against any deal involving Britain’s alignment with EU regulations, giving preference to a deal absent of tra...

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Business

Via Rail lays off 1,000 employees temporarily as blockades drag on

MONTREAL — Via Rail says it is temporarily laying off 1,000 employees due to blockades that continue to halt service on CN tracks in Eastern Canada.The Crown corporation has suspended passenger trains on its Montreal-Toronto and Ottawa-Toronto routes for nearly two weeks due to the protests that have disrupted rail service across the country.The layoffs come amid growing pressure on the federal government to take action against rail blockades in support of Wet’suwet’en hereditary chiefs who oppose a natural gas pipeline in British Columbia.“Until CN Rail opens the remaining tracks for service, VIA Rail has no choice but to continue the cancellation of its services on a large part of its network,” Via said in a release Thursday. “It is with sincere regret that we must proceed with tem...

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Business

Gold firms above $1,600/oz on coronavirus impact fears, palladium hits record

Gold rose on Wednesday, holding above $1,600 per ounce, as worries over the new coronavirus and its impact on global growth boosted safe-haven demand, while palladium continued its record run driven by short supplies of the metal.Spot gold was up 0.4% to $1,607.61 per ounce by 2:06 p.m. EST (1905 GMT). The session high was $1,610.80, the highest price since Jan. 8, when gold hit a nearly seven-year high.U.S. gold futures settled 0.5% higher at $1,611.80 an ounce.“Gold is holding above the $1,600 level, we went through pretty quick,” said Bob Haberkorn, senior market strategist at RJO Futures. Questions about the level of impact of the virus were lending the metal ample support, he said.China is struggling to get manufacturing back online after severe travel restrictions were imposed ...

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Business

Post-Brexit UK Could Find Hope in Morocco

Rabat- Faced with a December 31, 2020 deadline, the UK has a narrow 11 month transition period in which to negotiate a trade deal with the European Union (EU), after officially exiting the organization on January 31.Recent commentaries surrounding the issue suggest that it will be very difficult for the two parties to agree on the terms of a trade deal, given their ideological differences. UK Prime Minister Boris Johnson’s emphasis is on maintaining the UK’s sovereignty and independence, while the European Union wants the UK to adhere to EU commerce regulations if it is to continue trading with EU member states.During a speech in Greenwich on February 3, Johnson drew a hard line against any deal involving Britain’s alignment with EU regulations, giving preference to a deal absent of tra...

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Uncategorized

Realme C3 Variant With Triple Rear Cameras, Fingerprint Scanner Launched in Thailand: Price, Specifications

Realme C3 has got a new variant with triple rear cameras, something that was anticipated thanks to an Indonesia listing page. The smartphone variant has launched in Thailand first however. The Realme C3, already available in India, is an entry-level smartphone priced at Rs. 6,999. The Indonesian version of the phone has the exact same specifications including the MediaTek Helio G70 SoC, a 6.52-inch display, and a 5,000mAh battery. There are a couple of new features on the Thailand version of the Realme C3 including a third camera as well as a fingerprint scanner. It will be available in two colours namely, Frozen Blue and Blazing Red.Realme C3 price and availabilityRealme C3 triple camera variant that's been launched in Thailand is priced at THB 3,999 (roughly Rs. 9,100). It will be ava...

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Business

Post-Brexit UK Could Find Hope in Morocco

Rabat- Faced with a December 31, 2020 deadline, the UK has a narrow 11 month transition period in which to negotiate a trade deal with the European Union (EU), after officially exiting the organization on January 31.Recent commentaries surrounding the issue suggest that it will be very difficult for the two parties to agree on the terms of a trade deal, given their ideological differences. UK Prime Minister Boris Johnson’s emphasis is on maintaining the UK’s sovereignty and independence, while the European Union wants the UK to adhere to EU commerce regulations if it is to continue trading with EU member states.During a speech in Greenwich on February 3, Johnson drew a hard line against any deal involving Britain’s alignment with EU regulations, giving preference to a deal absent of tra...

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Business

Post-Brexit UK Could Find Hope in Morocco

Rabat- Faced with a December 31, 2020 deadline, the UK has a narrow 11 month transition period in which to negotiate a trade deal with the European Union (EU), after officially exiting the organization on January 31.Recent commentaries surrounding the issue suggest that it will be very difficult for the two parties to agree on the terms of a trade deal, given their ideological differences. UK Prime Minister Boris Johnson’s emphasis is on maintaining the UK’s sovereignty and independence, while the European Union wants the UK to adhere to EU commerce regulations if it is to continue trading with EU member states.During a speech in Greenwich on February 3, Johnson drew a hard line against any deal involving Britain’s alignment with EU regulations, giving preference to a deal absent of tra...

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