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CNNW CNN July 3, 2024

hello again, everyone. thank you so much for joining me. i m fredricka whitfield. destruction everywhere, that s how one survivor describes the aftermath of a powerful 6.8 magnitude earthquake that struck morocco friday, killing more than 1,000 people. it was the strongest to hit the area in over a century. rescuers are now struggling to access the hardest-hit areas after roads were damaged and we re seeing images of patients waiting outside hospitals, residents have been sleeping on the streets, fearing for the intense aftershocks. i want to bring in cnn senior international correspondent ben wedeman for more. these first few hours, you mentioned the first 72 hours are critical in trying to locate survivors. what are you learning about the kind of rescue efforts that actually can happen, given so many roads and thoroughfares are impassable? keep in mind that the epicenter of this earthquake which happened at 11:15 friday evening local time was 45 miles southwest of m ....

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BBCNEWS BBC July 3, 2024

attention, they can pop in this restaurant which is designated as a safe haven and receive support. this is a joint initiative. this safe haven and receive support. this is a joint initiative. is a joint initiative. this bad behaviour is a joint initiative. this bad behaviour happens - is a joint initiative. this bad - behaviour happens everywhere. is a joint initiative. this bad behaviour happens everywhere. women deserve to go out and enjoy themselves without feeling harassed or pressurised. working together, having safe havens across both councils means women can go anywhere and if they feel pressurised, if they feel they are not saved, they can go into a safe haven. it is they feel they are not saved, they can go into a safe haven.- can go into a safe haven. it is not “ust can go into a safe haven. it is not just fast-food can go into a safe haven. it is not just fast-food restaurants, - can go into a safe haven. it is not just fast-food restaurants, there | ....

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BBCNEWS Asia July 2, 2024

and also crypto prices higher. specifically, i think two factors actually drive these two classes. the first one is liquidity and the second one is the us dollar. now, let s talk about liquidity i think in the past few weeks we have seen actually easing from china, and also from the us, the fed has been injecting liquidity through running down its overnight repo facility. also, from a seasonality perspective, november, december tends to be actually quite favourable in terms of financial conditions. indeed, the rally in bonds or the fall of interest rates have helped also financial conditions to ease in the past few weeks. hence, we have seen a surge in liquidity in the system and that propels both gold and crypto currencies higher. the next reason is the us dollar. now, of course, both gold and crypto currencies are denominated in us dollars and when the us dollars become weaker, that is actually a tailwind for both asset classes. obviously, as we mentioned, given tha ....

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BBCNEWS Asia July 2, 2024

factors actually drive these two classes. the first one is liquidity and the second one is the us dollar. let s talk about liquidity, i think in the past few weeks we have seen actually easing from china and also from the us. the fed has been injecting liquidity through overnight repo facility. also from a seasonality perspective. november, december tends to be quite favourable in terms of financial conditions. the rally in bonds and the fall of interest rates has helped also financial conditions to ease in the past few weeks. hence we have seen a surge in the liquidity and the system and that propels both gold and crypto currency higher. the next reason is the us dollar. both gold and crypto currencies are denominated in us dollars and when the us dollar becomes weaker, that is actually a tailwind for both asset classes. as we mentioned, given the market is now pricing in increasingly probabilities of cut starting as early as april next year, us dollar has been weakeni ....

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BBCNEWS Asia July 2, 2024

crypto prices higher. specifically i think two factors actually drive these two classes. the first one is liquidity and the second one is the us dollar. let s talk about liquidity, i think in the past few weeks we have seen actually easing from china and also from the us. the fed has been injecting liquidity through overnight repo facility. also from a seasonality perspective. november, december tends to be quite favourable in terms of financial conditions. the rally in bonds and the fall of interest rates has helped also financial conditions to ease in the past few weeks. hence we have seen a surge in the liquidity and the system and that propels both gold and crypto currency higher. the next reason is the us dollar. both gold and crypto currencies are denominated in us dollars and when the us dollar becomes weaker, that is actually a tailwind for both asset classes. as we mentioned, given the market is now pricing in increasingly probabilities of cut starting as early ....

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