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Spain · MoroccoPress ✓ 6 outlets · health status with no official bulletin

Mohamed VI rejects Spanish “blackmail” four days before the King and Queen travel to Ceuta and Melilla

The King of Morocco spoke in public for the first time about the July crisis without naming the city or the visit. The King and Queen will be in Ceuta on Tuesday and in Melilla on Wednesday, 50 days before the vote.

Morocco’s King Mohamed VI broke his silence on Friday over the Ceuta crisis in his speech opening the new legislative session of Morocco’s Parliament. According to the reports of El País, El Mundo, Europa Press, RTVE and Infobae, he rejected “pressure, blackmail or threats” in the relationship with Spain and condemned the “instrumentalization” of what happened. However, he did not say the name of Ceuta or allude to the monarchs’ visit. It is the first time he has spoken in public about July’s assault on the autonomous city; the figures for the number of people who entered vary by source and we do not consider them confirmed.

The speech comes four days before the trip by Felipe VI and Queen Letizia, who will be in Ceuta on Oct. 13 and in Melilla on the 14th, according to the regional press. It will be the King’s first visit to both cities and, according to one of the reports, the Crown had not set foot in Melilla since 2007. Several reports say the monarch acknowledged progress in migration cooperation, but pointed to “outdated legal provisions” and court decisions removed from reality. The Objective reports that he considers it “obsolete,” and one of the reports adds his annoyance at the obstacles to repatriating minors.

The king’s appearance also grabbed headlines. El Mundo speaks of a monarch with a “markedly weakened appearance,” and Infobae adds that he walks with a crutch and a strained voice, alongside the presence of his son, Crown Prince Moulay Hassan. These are press descriptions: there is no official medical bulletin and we draw no conclusions about his health. In the text, according to the reports, he argued that the partnership with Spain is “a voluntary commitment” and criticized some “irresponsible statements” from political and media sectors that he did not identify.

The immediate context is the figures given on Thursday by Minister Ángel Víctor Torres: 11,026 returns of migrants to Morocco from Ceuta, 513 of them expulsions, according to El Mundo. The Government also postponed a meeting with Algeria on the eve of the trip, El País reported. In the reports we reviewed there is no official response from the Government to the speech, nor a reaction from Zarzuela Palace, which is preparing the trip’s program and has not yet published the full Ceuta one.

With 50 days to go until Nov. 29, Ceuta will also be a campaign issue. Today and tomorrow it is worth watching whether the Government answers in public, whether Rabat spells out what it calls “outdated legal provisions,” and whether the visit’s program, including the event with Ceuta schoolchildren previewed by El Faro de Ceuta, stays unchanged. El País also compiled this week about a hundred hoaxes about Ceuta, from mass entries to migrants arriving through tunnels, so it is wise to check what circulates on social media during the visit. On Tuesday and Wednesday we will see whether the trip passes calmly or with a new diplomatic showdown.

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By the numbers
4 daysbetween the speech and the monarchs’ visit
Oct. 13-14Ceuta on Tuesday and Melilla on Wednesday
11,026returns from Ceuta, according to Minister Torres (El Mundo)
MarketsPress ✓ 4 outlets + closing quotes

The IBEX rises 0.55% and returns to 19,000 points. Wall Street closes higher and gold jumps

The IBEX 35 closed on Friday at 19,033.1 points, up 0.55%, and recovered the 19,000 zone it had lost on Thursday, according to Expansión and TradingView. Even so, the benchmark index ended the week down 0.27%, according to Valencia Plaza. Expansión headlines that the index “breathes easier” with oil and with debt. Today, Saturday, the Spanish stock market is closed.

In New York, the S&P 500 gained 0.59% to 7,811.54 points; the Nasdaq, 0.64% to 27,366.17; and the Dow Jones, 0.83% to 51,654.95. Bloomberg described a rise ahead of next week’s earnings season. The U.S. ten-year bond closed at 5.244%. West Texas rose 0.15% to $91.63, and gold 1.51% to $4,219.9 an ounce. Reuters added two signs of caution: U.S. consumer confidence worsened again in October and Delta cut its profit forecast because of a $6 billion fuel cost overrun.

The euro closed the week at $1.1206, down 0.09%. There is no session tomorrow, Sunday, and the next one will be Monday. The Federal Reserve and next week’s U.S. inflation data will set the tone. For anyone with a variable-rate mortgage, the Euribor remains the figure to watch.

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Word of the day
core inflationEconomy

Price rises excluding energy and fresh food, which are the most volatile. It helps show the underlying trend.


Politics · ElectionsPress ✓ 5 outlets · nothing settled

The PSOE and the Broad Front meet on Sunday to explore a joint Senate ticket

The PSOE is considering running for the Senate on joint tickets with other left-wing forces to prevent the PP from repeating its absolute majority in the Upper House, according to El Mundo, El País and Europa Press. A citizens’ initiative demands joint tickets in most constituencies. Sources from both groups cited by Público confirm a meeting this Sunday, Oct. 11; the deadline to register coalitions expires on the 16th. The Socialists say they are analyzing “all alternatives,” but limit their willingness to make a pact to the Upper House. El Mundo calculates that such an alliance would have given them a clear majority in 2023.

In parallel, Ada Colau asked Gabriel Rufián to use “his leadership” to unite the left and join the Broad Front, according to El País and La Vanguardia. The Sumar co-leader said they have “all the phones pending” his answer (Europa Press). Rufián, an ERC lawmaker, has not spoken out in the reports we reviewed. El Mundo says that the ERC leader, Oriol Junqueras, considers Raül Romeva, his cellmate, as a candidate if Rufián leaves; this is a report from a single outlet.

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World · EnergyPress ✓ 5 outlets · volumes per Trump

Trump announces 300,000 tons of Russian diesel with Putin. Zelensky: “an investment in the war”

Donald Trump announced after speaking with Vladimir Putin that Russia will immediately supply more than 300,000 tons of diesel to the U.S. and the world market, according to Reuters, AP, Expansión and The Washington Post. It is a shift in the pressure on Moscow, aimed at lowering prices before the midterm elections, AP notes. The Kremlin confirmed the deal, according to Le Monde. The reports add that Washington will temporarily ease restrictions on purchases of Russian petroleum products; the volumes and timelines remain those cited by Trump.

Volodymyr Zelensky replied that letting Russia sell is “an investment in the war” (Reuters). Analysts note that the amount is a small fraction of world demand, and Reuters had already reported that Trump’s measures to increase diesel supply had not yet lowered prices. For Spain, an energy importer, it means diesel may stay expensive in the short term.

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EconomyPress ✓ 5 outlets · Bank of Spain projections

The Bank of Spain raises 2026 GDP to 2.6% and warns of 3.9% inflation

The Bank of Spain raised its GDP growth forecast to 2.6% in 2026 and 2.2% in 2027, up from 2.3% and 1.7% in June, according to Expansión, El País and Europa Press. It attributes the resilience to the external sector and the depreciation of the euro. Average inflation rises to 3.9% this year and 3.7% in 2027, and core inflation stays at 3.4% and 3.5%.

The supervisor expects “elevated inflation” until 2028 and warns of “restrictions” that hold back housing construction (El Mundo, RTVE). An escalation of the conflict in Iran could damage the Spanish economy, according to one of the reports. Fiscal measures approved through September cost 0.52% of GDP, and debt would fall to 98.5% of GDP by the end of the year. For anyone with a variable-rate mortgage, high prices for longer is bad news.

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In brief
  • Man arrested in Mérida with 16 weapons and explosives after his own parents reported him.El Mundo
  • Netflix plans to lay off about 850 employees, around 5% of its workforce.Expansión · Reuters
  • A magnitude 3.6 earthquake shakes the Pamplona area and is felt in some thirty localities.El Mundo · Europa Press
  • The judge investigating González Amador, Ayuso’s partner, places the chairman of Quirón Prevención under formal investigation.El Mundo
  • Warner Music buys Catalan record label Halley Records.Expansión
  • Barça lets a win slip in the final quarter against Zalgiris in the EuroLeague.El País
  • Three people lightly injured when a streetlight falls during an event with Luis de la Fuente in Valencia.El Mundo · Diario de Navarra
  • Madrid and Barcelona have the longest traffic jams on the way out of the Pilar long weekend.Europa Press
Seven minutes every morning, one front page

Unverified — what we could not confirm

“Mohamed VI threatens Spain over the King and Queen’s visit.” No. According to El País, he did not even mention the trip; he spoke of “pressure, blackmail or threats” in general.
“The PSOE and the Broad Front have already agreed on joint tickets.” No. They only meet on Sunday; the reports agree that nothing is settled.
“Russian diesel will lower prices right away.” No. Reuters notes that earlier measures have not reduced them, and analysts speak of a small fraction of demand.

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Statements as posted, not fact-checked.

Glossary · dotted words — economics, law, security and science terms explained in the context of the story. The list grows every day.
INSIDEMohamed VI rejects Spanish “blackmail” four days before the King and Queen travel to Ceuta and MelillaSpain · MoroccoThe IBEX rises 0.55% and returns to 19,000 points. Wall Street closes higher and gold jumpsMarketsThe PSOE and the Broad Front meet on Sunday to explore a joint Senate ticketPolitics · ElectionsTrump announces 300,000 tons of Russian diesel with Putin. Zelensky: “an investment in the war”World · EnergyThe Bank of Spain raises 2026 GDP to 2.6% and warns of 3.9% inflationEconomy