Leveraging Complementary Economies for Regional Collaboration and Trade in North Africa – International Supermarket News
By Riad BeladiExecutive Summary:North Africa is home to a diverse set of economies, each endowed with unique strengths and resources. Algeria boasts abundant hydrocarbons, Morocco has a thriving agriculture sector, and Tunisia possesses a well-established manufacturing industry. Recognizing and harnessing the complementary nature of these economies can open doors to enhanced collaboration and trade, fostering economic growth and regional stability. This report explores the potential for synergy among Algeria, Morocco, and Tunisia, highlighting the opportunities and challenges associated with leveraging their complementary strengths.
Source:The North Africa Journal
December 03, 2023 09:21 UTC
Egypt’s auto sales fall 65% YoY in October
Egypt’s auto sales dropped 65% year on year (YoY) in October 2023 to 6,077 vehicles from 19,300 vehicles, Al Mal News reported, citing the Automotive Market Information Council (AMIC). This marks the lowest auto sales over the past two years. The Nissan brand topped the market in terms of sales with 16,800 vehicles, or a market share of 36.5% in October. Chery came in second place with 15,200 vehicles, representing 33% of total sales, followed by BYD with 4,445 vehicles and a market share of 9.6%.
Source:The North Africa Journal
December 03, 2023 07:43 UTC
North Korea says any US interference with its ‘space assets’ will be deemed ‘declaration of war’
CNN —North Korea has warned any potential interference or attack on its “space assets” by the United States will be “deemed a declaration of war,” the state media outlet KCNA reported on Saturday. DPRK stands for Democratic People’s Republic of Korea, the official name of North Korea. Neither South Korea, the United States nor Japan, all of which are experiencing increasing military tensions with North Korea, could confirm “Malligyong-1,” had made it into orbit. The November launch was condemned by North Korea’s neighbors Japan and South Korea, with Seoul calling it a “clear violation” of a UN Security Council resolution that prohibits North Korea from using ballistic missile technology. North Korea subsequently vowed to deploy new military hardware along the military demarcation line.
Source:The North Africa Journal
December 03, 2023 02:15 UTC
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North still says no to a united Ireland but opinions are shifting
No British secretary of state for Northern Ireland could see the results of today’s survey and conclude that a referendum was likely to succeed. Those are substantial shifts in a short time and underline just how much the united Ireland issue is moving to the centre of politics. [ The United Ireland paradox: Taking unity seriously means accepting a more realistic time frame ]At the same time, there is also another, parallel task: reassuring unionists that their interests, identity and loyalties will be recognised and protected in a new, united Ireland. That is good news for those concerned not just with achieving a united Ireland, but making sure that it would be a success. They will want to know what a united Ireland means for their own economic circumstances.
Source:The North Africa Journal
December 03, 2023 01:42 UTC
South Korea launches spy satellite with SpaceX amid space race with North
Satellite launch comes as Seoul seeks to bolster its ability to monitor nuclear-armed North Korea. South Korea has launched its first spy satellite using a rocket operated by Elon Musk’s SpaceX. The launch on Saturday came less than two weeks after rival North Korea announced it had successfully launched its own reconnaissance satellite, underscoring the accelerating space race between the neighbours. The satellite promises to enhance Seoul’s ability to monitor nuclear-armed North Korea, which has until now been heavily dependent on the surveillance capabilities of its ally, the United States. North Korea’s launch of the Malligyong-1 satellite last month drew condemnation from the US, South Korea and Japan, whose governments view Pyongyang’s space programme as a pretext to test banned ballistic missile technology.
Source:The North Africa Journal
December 03, 2023 01:13 UTC
Rare Andromedids Meteor Shower Could Be Visible
PlayAt a Glance There's a chance to see a very rare meteor shower tonight. The Andromedids originated in what is now a dead comet. Sign up for the Morning Brief email newsletter to get weekday updates from The Weather Channel and our meteorologists.People in the U.S. might have a chance to see a very rare meteor shower Saturday night. It’s called the Andromedids, and it originated with a comet named 3D/Biela. But people in North America could have a chance to spot some of the Andromedids shortly after sunset if the show runs behind its expected schedule, the American Meteor Society says.
Source:The North Africa Journal
December 03, 2023 00:01 UTC
Blind golden mole that 'swims' in sand detected in South Africa for first time in 87 years
Traces of two De Winton's golden moles have been found under the sands of a beach after a "detective novel search." SOUTH AFRICA, — A golden mole that "swims" in sand has resurfaced in South Africa after 87 years in the wilderness when many specialists feared it had become extinct, researchers announced. Traces of two De Winton's golden moles have been found under the sands of a beach after a "detective novel search," said Esther Matthew, Endangered Wildlife Trust (EWT) senior field officer, on Tuesday. The rediscovered De Winton's golden mole is the eleventh of the "world's most wanted lost species" to be rediscovered, according to Re:wild. The use of environmental DNA was a "case study on how such forward-thinking technologies can be utilized to find other lost species."
Source:The North Africa Journal
December 02, 2023 21:40 UTC
Kenya: Death toll from floods reaches 136 as waters wipe towns off the map
The death toll from flood-related incidences has risen to 136 in Kenay as foods wipe towns off the map. According to the National El Nino Emergency and Disaster Response Command Centre, the number of households displaced stood Friday at 92,432, which comprises 462,160 people. He added that the Kenya Defence Forces also airdropped food items in Isiolo County. Floods have affected livestock and agriculture, with acreage of farmlands submerged and an outbreak of pneumonic cattle diseases raging. The impact of the El Nino weather phenomenon has also been destructive and deadly in Somalia and Ethiopia.
Source:The North Africa Journal
December 02, 2023 21:37 UTC
Animal box office collection day 1: Ranbir Kapoor film creates history in North America, grosses over $2.5 million
Animal box office collection day 1: Ranbir Kapoor's Animal is off to a great start not only in India, but also in North America. As per film trade analyst Ramesh Bala, Animal has become the 'highest grossing Hindi film on day 1' in North America. Also read: Ranbir Kapoor's Animal will likely take over Pathaan's box office opening at ₹60 cr Animal box office collection day 1: Ranbir Kapoor and Rashmika Mandanna film becomes highest grossing Hindi film on day 1 in North America. Animal box office collection in North AmericaHe tweeted on Saturday, "Animal North America gross $2.5 million (approximately ₹20.8 crore) and counting. !”Animal box office collection in IndiaAs per the early estimates reported by Sacnilk.com, the film has garnered roughly ₹61 crore nett on day 1 at the domestic box.
Source:The North Africa Journal
December 02, 2023 14:12 UTC
South Korea launches military spy satellite amid threats from North Korea
Amid growing threats from North Korea, South Korea successfully launched its first indigenous military spy satellite from a US military base in California on Friday (local time), Yonhap news agency reported citing South Korea's defence ministry on Saturday. It reported that the satellite was launched with the help of a SpaceX Falcon 9 rocket from Vandenberg Space Force Base. As South Korea has relied on U.S. commercial and military assets for high-resolution imagery, it has been pushing to establish an independent military satellite network to gather information on North Korea. Yonhap news agency reported that beginning with an electro-optical and infrared (EO/IR) satellite, South Korea plans to send four more synthetic aperture radar (SAR) satellites into space by 2025 to better monitor North Korea. It reported that the Kill Chain system is a pillar of South Korea's three-pronged deterrence system that also includes the Korea Air and Missile Defence system and the Korea Massive Punishment and Retaliation, an operational plan to incapacitate North Korean leadership in the event of a major conflict.
Source:The North Africa Journal
December 02, 2023 14:07 UTC
Uno Minda building land banks in TN, Pune and North India
Chennai, Dec 2 (IANS) In order to set up additional capacities to meet the future demand, automotive ancillaries major Uno Minda Ltd is building land banks in different states, said a top company official. We need land to set up additional capacities to cater to the future demand," said Nirmal K Minda, Chairman and Managing Director. The company has bought 86 acres in Pune in Maharashtra and is looking to acquire about 95-100 acres in North India, Sunil Bohra, Group Chief Financial Officer and CEO-Safety & Comfort System said. "We are building a land bank for future expansion. In the electric vehicle segment, Uno Minda will focus on the passenger vehicle segment going forward.
Source:The North Africa Journal
December 02, 2023 13:45 UTC
New Lord Mayor Of London Hails Maturity Of Gulf Economies
By Arab NewsBy Alex WhitemanMaturation of Gulf states’ economies presents further opportunities to deepen the relationship between the region and the UK, the new Lord Mayor of the City of London told Arab News before departing for COP28 in the UAE. “When it comes to that investment it’s enormously welcome, but what I think is great is it shows how Saudi and other Gulf states have really matured their economies,” Mainelli said. “And then, interestingly, the Lord Mayor will typically spend two weeks of travel around the Gulf each year. “I believe there’s a lot more work to be done when it comes to carbon markets … but we do need to get these to work,” he added. It is “fairly evident” that the Gulf is determined to find workable solutions to address the climate crisis, he added.
Source:The North Africa Journal
December 02, 2023 11:36 UTC
Agriculture officials confirm 25th case of cattle anthrax in North Dakota this year
BISMARCK, N.D. (AP) — A new case of cattle anthrax has been confirmed in southwest North Dakota’s Grant County, bringing the number of cases in the state to 25 this year, according to state agriculture officials. Those cases have led to about 170 cattle deaths, North Dakota State Veterinarian Dr. Ethan Andress told The Bismarck Tribune. The year’s North Dakota outbreak is the worst since 2005. Most people associate anthrax with the weaponized version used in 2001 attacks, when five people died and 17 others were sickened from letters containing anthrax spores sent through the mail. ___This story has been corrected to note that this year’s outbreak is the worst since 2005 in North Dakota, not South Dakota.
Source:The North Africa Journal
December 02, 2023 10:31 UTC
ConocoPhillips celebrates start-up of new natural gas field offshore Norway
ConocoPhillips celebrates start-up of new natural gas field offshore Norway(WO) – On Friday, Dec. 1, the Norwegian Minister of Petroleum and Energy Terje Aasland visited the Ekofisk Complex with partner companies, contractors and authorities, celebrating the start-up of the Tommeliten A natural gas and condensate field in the North Sea. Representatives from partner companies, contractors, the Ministry of Petroleum and Energy, the Norwegian Petroleum Directorate, as well as local authorities took part in the celebration. The Tommeliten A field started production on Oct.13, delivering natural gas to Europe nearly six months earlier than scheduled. The total resource potential is estimated in the range of 120-180 MMboe, mainly comprising of natural gas (approx. The field is a U.K.-Norway trans-boundary field as it extends from Norwegian Block 1/9 into U.K. Block 30/20.
Source:The North Africa Journal
December 02, 2023 05:43 UTC