US Treasury Secretary, Scott Bessent, is urging the Federal Reserve to cut interest rates by 150-basis points or more. Also on the show: Trump is warning Russia will face consequences if Vladimir Putin does not agree to a ceasefire with Ukraine in the coming days; Tencent shares gain in Hong Kong after the Chinese internet giant beat estimates in all reporting segments; the US is cracking down on illegal mining trade in eastern Congo; South Africa is pushing back against a report published by the Trump administration saying human-rights situation significantly worsened last year; Istanbul’s Mayor, Ekrem Imamoglu, is open to endorsing another candidate if he is unable to run in Turkey’s next presidential election. Guests include: Mahjabeen Zaman, ANZ, Head of FX Research; Jaber Al Noumani, OQ Exploration & Production, CFO.
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
00:04:18 – Mahjabeen Zaman, ANZ, Head of FX Research
00:10:39 – Trump issues Ukraine warning to Putin
00:15:58 – Tencent shares rise in Hong Kong on earnings beat
00:19:28 – Bessent on Nvidia chip sales to China
00:27:00 – US sanctions armed group, HK firms over Congo mining
00:30:36 – South Africa slams US human rights report as ‘flawed’
00:35:05 – Jaber Al Noumani, OQ Exploration & Production, CFO
00:40:56 – Jailed Istanbul mayor says ready to back others
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