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How the $13 trillion economy's slowdown will affect other emerging markets is still an unanswered question for investors. "Lower for longer Chinese growth is shaping a new regime of investments," Amundi's head of emerging markets Yerlan Syzdykov told Reuters. The World Bank trimmed its 2024 China growth forecast to 4.4% from 4.8%. 6/DEVELOPING REFORMThe World Bank, IMF and other multilateral development banks are under pressure to boost lending to poorer countries to fund development and tackle climate change. China and other large emerging economies have long demanded a greater say in the global financial architecture, which is still dominated by parameters set out by the 1944 Bretton Woods meeting, where the IMF and World Bank were established.

Persons: Abdelhak, Joseph Cuthbertson, Syzdykov, Anna Gelpern, Gregory Smith, Smith, Mehmet Simsek, Tayyip Erdogan, Erdogan, drubbing, Timothy Ash, Jorgelina, Rosario, Rachel Savage, Marc Jones, Karin Strohecker, Christina Fincher Organizations: International Monetary Fund, World Bank, Palais des, REUTERS, Federal Reserve, International Monetary, PineBridge Investments, Reuters, Bank, Ukraine, U.S, Kyiv, Paris Club, IMF, American, London, G Investments, JPMorgan, Egypt IMF, Fitch, Reuters Graphics Reuters, Finance, BlueBay Asset Management, Thomson Locations: Palais, Palais des Congres, Marrakech, Morocco, Argentina, Pakistan, Kenya, Egypt, CHINA, China, UKRAINE, Ukraine, Zambia, Sri Lanka, Ghana, Georgetown, Nigeria, TURKEY, Ankara, New York, Washington, London, Woods

[1/2] A view shows the entrance of the venue for the upcoming meetings of the International Monetary Fund and the World Bank, following last month's deadly earthquake, in Marrakech, Morocco October 1, 2023. Reuters GraphicsThe yield on the 30-year U.S. Treasury bond this week pierced 5% for the first time since 2007. Long-term U.S. yields have climbed roughly 1 percentage point in the past three months compared with a single quarter-percentage-point Fed rate hike during that period. Keeping the world's largest economy out of recession provides steadier demand for other countries' exports, as well as more certainty as Fed rate hikes hit a stopping point. The fallout depends on "how much further, and how quickly, bond yields rise," they said.

Persons: Abdelhak, China's, Goldman Sachs, Gene Tannuzzo, Tannuzzo, Karen Dynan, it's, Howard Schneider, Dan Burns, Paul Simao Organizations: International Monetary Fund, World Bank, REUTERS, Rights, U.S ., Treasuries, Reuters, Treasury, Federal Reserve, Columbia Threadneedle, Harvard University, Peterson Institute for International Economics, Capital Economics, Valley Bank, Thomson Locations: Marrakech, Morocco, U.S, Washington, California

☆ Morocco earthquake: How the entire village of Tinzert was wiped out in just 10 seconds
▼ + stars: | 2023-09-12 | by ( Ivana Kottasová | ) edition.cnn.com time to read: +12 min

Tinzert, Atlas Mountains, Morocco CNN —Rajaa Acherhri was known as the village math genius. She buried them the next day, alongside 19 other people who were killed in Tinzert, a tiny mountain village in the Atlas Mountains in Morocco. Hakim Idlhousein stands near the rubble of his house, in the village of Tinzert, in Morocco, which was destroyed by the quake. Mosa'ab Elshamy/AP Bags of blood sit on a table at a blood center in Marrakech, Morocco, on September 11. Fadel Senna/AFP/Getty Images In pictures: Powerful earthquake kills thousands in Morocco Prev NextFatema Acherhri was born in Tinzert, as was her husband.

Persons: Morocco CNN — Rajaa Acherhri, Sanaa, Fatema, Rajaa, hasn’t, Fatema Acherhri, Ivana Kottasova, ” Hakim Idlhousein, Idlhousein, CNN they’ve, Abdeltif Ait Bensoli, Ait Bensoli, Edabdelah, couldn’t, Ait, Hakim Idlhousein, ‘, Fadel Senna, Talat, Hannah McKay, Talat N'Yaaqoub, Nacho Doce, Carl Court, Alejandro Martinez Velez, Talat N'yaaqoub, Reuters Mouath Aytnasr, Suleiman, Mosa'ab, Abu Adem Muhammed, Nathan Laine, Wang Dongzhen, Moulay Brahim, Piero Cruciatti, Abdelhak Balhaki, Acherhri, hammam, ” Acherhri, “, ”, Ourika Organizations: Morocco CNN, CNN, UNICEF, Moroccan, Getty, Reuters, Anadolu Agency, Bloomberg, Kyodo, People, Moroccan Royal Armed Forces Locations: Atlas Mountains, Morocco, Tinzert, Moroccan, Al Haouz, Ifghan, Ait Bensoli, Marrakech, Douzrou, AFP, Talat N'Yaaqoub, Talat, Tinmel, Tafeghaghte, Old City, Amizmiz, Xinhua, Moulay, Brahim, Moulay Brahim, Tansghart, Marrakesh

Fadel Senna/AFP/Getty Images People mourn earthquake victims in Moulay Brahim, Morocco, on September 9. Fadel Senna/AFP/Getty Images A resident navigates through the rubble in Marrakech, Morocco on September 9. Fadel Senna/AFP/Getty Images A woman looks at the rubble of a building in Marrakech, Morocco on September 9. Fadel Senna/AFP/Getty Images A damaged vehicle sits in a street in Marrakech, Morocco on September 9. Abdelhak Balhaki/Reuters Residents take shelter outside following the earthquake in Marrakech, Morocco on September 9.

Persons: Mohamed Aithadi, Morocco’s King Mohammed VI, King Mohammed VI, Fadel Senna, Moulay, Said Echarif, Abdelhak Balhaki, Mosa'ab, Mohammed, ”, Joe English, Al Hoceima Organizations: Marrakech CNN —, Geological Survey, Reuters, Moroccan Royal Armed Forces, Getty, Anadolu Agency, AP, CNN, UN’s, Fund, UNICEF, …, United, World Health Organization Locations: Marrakech, medina, Moroccan, Morocco’s, Marrakech’s, Tafeghaghte, AFP, Moulay Brahim, Morocco, Amizmiz, Al Haouz province, Fatima, Asni, Ouirgane, Moulay, France, United Arab Emirates, Algeria, Turkey, Al, Agadir

Moulay Brahim, Morocco CNN —Moulay Brahim was once a happy place for Sami Sensis. The building partially collapsed after a powerful earthquake struck Moulay Brahim late on Friday night. Nacho Doce/Reuters Women watch the funeral of two victims of the deadly earthquake in Moulay Brahim, on September 10. Piero Cruciatti/Anadolu Agency/Getty Images A woman looks on as people inspect damaged buildings in Moulay Brahim, Morocco, on September 10. Fadel Senna/AFP/Getty Images People mourn earthquake victims in Moulay Brahim, Morocco, on September 9.

Persons: Moulay, Morocco CNN — Moulay Brahim, Sami Sensis, Moulay Brahim, Sensis, –, “, ”, ” Sensis, Idsaleh Mahjoub, Mahjoub, Alejandro Martinez Velez, Hannah McKay, Nacho Doce, Piero Cruciatti, Carl Court, Reuters Mohamed, Fadel Senna, Said Echarif, Abdelhak Balhaki, Mosa'ab, Ivana Kottasová, Leila Idabdelah, Idabdelah, khobz Organizations: Morocco CNN, CNN, Sensis, Locals, United Arab Emirates, ”, Anadolu Agency, Getty, People, Reuters, Reuters Moroccan Royal Armed Forces, AP Locations: Moulay Brahim, Morocco, Moroccan, Marrakech, Spain, Qatar, United Kingdom, Moulay, Brahim, Amizmiz, Al Haouz, Tafeghaghte, AFP, Al Haouz province, Asni, ”

☆ Marrakech: Residents spend a night in the streets while others flee after earthquake
▼ + stars: | 2023-09-09 | by ( Benjamin Brown | ) edition.cnn.com time to read: +4 min

Marrakech CNN —As the dust began to settle, panic set in. As the earthquake caused buildings to collapse, killing more than 1,000 across Morocco, those who could crowded the streets. A general view of damage in the historic city of Marrakech, following a powerful earthquake in Morocco, September 9, 2023. REUTERS/Abdelhak Balhaki Abdelhak Balhaki/ReutersA damaged vehicle is pictured in the historic city of Marrakech, following a powerful earthquake in Morocco, September 9, 2023. While Marrakech suffered, the epicenter of the earthquake was around 50km away, in the rural, mountainous Al Haouz region.

Persons: –, Balhaki, Marrakech’s, Mohammed VI Organizations: Marrakech CNN —, CNN, REUTERS Locations: Marrakech, Moroccan, Jemaa, Morocco, Rabat, Casablanca, Marrakech’s Medina, Al Haouz, Chichaoua

[1/6] A view shows a damaged room, following a powerful earthquake, in the village of Tansghart in the Asni area, Morocco, September 9, 2023. REUTERS/Abdelhak Balhaki Acquire Licensing RightsASNI, Morocco, Sept 9 (Reuters) - Abdellatif Ait Bella lay on the ground in his Moroccan mountain village, barely able to move or speak, his head bandaged from wounds inflicted by falling debris during Friday's earthquake that destroyed his home and devastated his community. "We have no house to take him to and have had no food since yesterday," said Bodchich, fearing for the future of their family of six with Ait Bella, the sole breadwinner through his work as a labourer, so badly injured. The village is already mourning ten deaths including two teenage girls, an inhabitant said, and others like Ait Bella are badly injured. Reporting by Ahmed Eljechtimi and Abdulhak Balhak Writing by Angus McDowallOur Standards: The Thomson Reuters Trust Principles.

Persons: Abdelhak, Ait, Saida Bodchich, Toubkal, Bodchich, Ahmed Eljechtimi, Angus McDowall Organizations: REUTERS, Ait Bella, High, Thomson Locations: Tansghart, Morocco, Moroccan, Morocco's, Marrakech

☆ Morocco's ancient city of Marrakech assesses quake damage
▼ + stars: | 2023-09-09 | by ( Ahmed Eljechtimi | ) www.reuters.com time to read: +3 min

[1/3] A general view of damage in the historic city of Marrakech, following a powerful earthquake in Morocco, September 9, 2023. The extent of damage to Marrakech, a UNESCO World Heritage site, was not yet clear on Saturday morning though most of the main historic sites in the old city appeared largely unscathed. Standing in front of a pile of rubble elsewhere in the old city, with elegant archways rising up behind it, Marrakech resident Miloud Skrout said the damage had blocked alleyways making it hard to help trapped residents. Some houses also fell in the tightly packed old city, though residents told Reuters that these appeared to be mostly uninhabited. "We are glad to see foreign tourists join to give blood following this painful event," he added.

Persons: Abdelhak, Karim El Baridi, Baridi, Miloud Skrout, Winston Churchill, Mahmoud Abghach, Ahmed Eljechtimi, Angus McDowall, Frances Kerry Organizations: REUTERS, Rights, UNESCO, Reuters, World Bank, IMF, Thomson Locations: Marrakech, Morocco, Rights MARRAKECH

☆ Morocco earthquake: What we know so far
▼ + stars: | 2023-09-09 | by ( Amarachi Orie | ) edition.cnn.com time to read: +4 min

CNN —More than 1000 people have died after a powerful earthquake struck the North African country of Morocco on Friday night. When and where did the quake hit? The earthquake struck at around 11:11 p.m. local time. The earthquake is Morocco’s deadliest since 1960 when a quake killed more than 12,000 people. Many world leaders have expressed their commiserations, as well as offered support to Morocco.

Persons: Al Haouz, Fadel Senna, Mohammed, ”, Balhaki, Joe Biden, Emmanuel Macron, Narendra Modi, Volodymyr Zelensky, Vladimir Putin Organizations: CNN, Earthquakes, Geological Survey, WHO, Getty, Reuters, United Nations, Indian Locations: Morocco, Marrakech, Here’s, Casablanca, Al, Moroccan, Taroudant, AFP, Ouirgane, Turkey, Algeria

☆ Foreign reactions and offers of aid in response to Morocco earthquake
▼ + stars: | 2023-09-09 | by ( ) www.reuters.com time to read: +8 min

[1/6] A general view of damage in the historic city of Marrakech, following a powerful earthquake in Morocco, September 9. ****OFFERS OF FOREIGN AID AND SUPPORTALGERIAAlgeria, which broke off ties with Morocco two years ago, said it would open its air space for humanitarian and medical flights to Morocco. TURKEYThe Turkish Foreign Ministry said Ankara was ready to provide all kinds of support "to heal the wounds of the earthquake in Morocco". Valerie Pecresse, president of the Paris region, said on X it was offering 500,000 euros ($535,000)in aid for Morocco. -------------**** ASSISTANCE TO FOREIGN NATIONALSFRANCEThe French Foreign Ministry said its embassy in Morocco and the ministry in Paris have opened crisis centres "to respond to demands for information or help from our compatriots."

Persons: Abdelhak, Algeria's, Olaf Scholz, Antony Blinken, Valerie Pecresse, Benoit Payan, Jose Manuel Albares, Antonio Nogales, Eli Cohen, “, Israel's Magen David Adom, Magen David Adom, Kais Saied, Nawaf Al, Ahmad Al, Jaber, Marcel Ciolacu, NARENDRA MODI, VLADIMIR PUTIN, MOHAMMED VI, KRISTALINA GEORGIEVA, TAYYIP ERDOGAN, ANNALENA, EMMANUEL MACRON, FELIPE, Tomasz Janowski, Frances Kerry Organizations: REUTERS, Turkish Foreign Ministry, UNITED STATES Secretary, French Foreign Ministry, Morocco, Cote d'Azur, Orange, Spain's, Moroccan, ISRAEL, Crescent, Ministry of Health, Israel Defense Forces, INDIAN, IMF, Bank, MINISTRY, Facebook, Ministry of Foreign Affairs, Thomson Locations: Marrakech, Morocco, ALGERIA Algeria, Moroccan, TURKEY, Ankara, AFAD, Turkish, Turkey, GERMANY, New Delhi, Germany, United States, FRANCE, France, Paris, Marseille, Marseille's, Occitanie, Corsica, Provence, Alpes, Belgium, Poland, Romania, Slovakia, SPAIN, TUNISIA, Tunisian, KUWAIT, Jaber Al, Sabah, ROMANIA, TAIWAN, Algeria, Kingdom of Morocco, EMIRATES, German, Rabat

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