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    Home » Oil in Turmoil; Recession Fears in the US |Horizons Middle East and Africa 04/11/2025

    Oil in Turmoil; Recession Fears in the US |Horizons Middle East and Africa 04/11/2025

    April 11, 2025 Business and Money Vids 2 Mins Read
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    The US dollar has emerged as the latest victim of this week’s market mayhem, falling to a six-month low following President Trump’s tariff barrage. Meanwhile oil is headed towards its second weekly loss as frantic selloff hit US stocks and bonds. Also on the show, African nations worry about the lack of US military aid’s impact on their security. Plus, Israel plans to take full military control of Gaza. And, Goldman warns Saudi Arabia’s budget deficit may reach $67B. Guests include: Paul Mackel, HSBC, Global FX Head; Vikas Dwivedi, Macquarie, Global Oil Strategist; and Carla Slim, Standard Chartered, MENA Economist

    Horizons Middle East & Africa is your daily spotlight on one of the world’s fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg.

    Chapters:
    00:00:00 – Introduction
    00:04:57 – President Trump hopes to make a deal with China
    00:08:29 – Paul Mackel, HSBC, Global FX Head
    00:14:52 – Israel plans to take full military control of Gaza
    00:18:25 – African nations brace for US military aid cut
    00:27:10 – Vikas Dwivedi, Macquarie, Global Oil Strategist
    00:33:40 – Goldman warns Saudi Arabia’s budget deficit may reach $67B
    00:36:45 – Carla Slim, Standard Chartered, MENA Economist
    00:41:56 – IPOs in Middle East to list as normal despite trade turmoil
    ——–
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