Reuters is reporting Lebanon and Hezbollah have reached an agreement on a US plan for a cease-fire with Israel. Also on the show: President-elect Donald Trump is assembling a Cabinet that prioritizes loyalty and a willingness to quickly implement his "America First" policies; Asian equities have advanced following gains in US stocks; Zimbabwe’s currency devaluation is forcing the government to cut spending on some budget items; Dubai International has retained its title as the world’s busiest airport for the 10th consecutive year; former St. Louis Fed President, James Bullard, says monetary officials don’t have to move much to arrive at the right rate for the economy; Hong Kong court has sentenced former democracy advocate Benny Tai to 10 years in prison; Delivery Hero is seeking to raise up to $1.5B from the IPO of Talabat; President Biden’s decision to let Ukraine hit targets inside Russia has failed to galvanize broader allied support for Kyiv; Bloomberg has learned that HSBC is asking hundreds of managers to re-apply for jobs in the new corporate and institutional banking division; Nedbank is looking to reduce its dependence on South Africa and increase its profit from other African markets nearly fourfold over the next decade; BlackRock has been given a commercial license to operate in Abu Dhabi; Bloomberg has learned the US Justice Department is to ask a judge to force Google to sell its Chrome browser. Guests include: Gareth Nicholson, Nomura International Wealth Management, CIO and Head of managed investments; Paul Griffiths, Dubai Airports CEO; Jeremy Awori, Ecobank, CEO.
00:00 Introduction
04:10 Reuters: Lebanon, Hezbollah agree to US-led cease-fire deal
06:22 Trump’s cabinet prioritizes loyalty
12:35 Gareth Nicholson, Nomura International Wealth Management, CIO and Head of managed investments
19:02 Zimbabwe government slashes spending
26:34 Paul Griffiths, Dubai Airports CEO
32:39 Bullard on Fed’s rate path
33:50 Hong Kong jails activist Tai for 10 years
41:12 Delivery Hero to raise up to $1.5B from Talabat IPO
50:37 Reuters: Lebanon, Hezbollah agree to US-led cease-fire deal
56:50 The G-20 rift over message on wars
01:00:02 Asian stocks rise, following US gains
01:05:30 HSBC managers competing to keep their jobs
01:13:48 Nedbank plans Africa expansion
01:16:38 Jeremy Awori, Ecobank, CEO
01:22:36 Talabat’s $1.5B Dubai IPO covered in minutes
01:24:00 BlackRock gets Abu Dhabi commercial license
01:29:17 DOJ to push google to sell Chrome
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.
——–
More on Bloomberg Television and Markets
Like this video? Subscribe and turn on notifications so you don’t miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9
Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.
Connect with Bloomberg Television on:
X: https://twitter.com/BloombergTV
Facebook: https://www.facebook.com/BloombergTelevision
Instagram: https://www.instagram.com/bloombergtv/
Connect with Bloomberg Business on:
X: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbusiness
Instagram: https://www.instagram.com/bloombergbusiness/
TikTok: https://www.tiktok.com/@bloombergbusiness?lang=en
Reddit: https://www.reddit.com/r/bloomberg/
LinkedIn: https://www.linkedin.com/company/bloomberg-news/
More from Bloomberg:
Bloomberg Radio: https://twitter.com/BloombergRadio
Bloomberg Surveillance: https://twitter.com/bsurveillance
Bloomberg Politics: https://twitter.com/bpolitics
Bloomberg Originals: https://twitter.com/bbgoriginals
Watch more on YouTube:
Bloomberg Technology: https://www.youtube.com/@BloombergTechnology
Bloomberg Originals: https://www.youtube.com/@business
Bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake
Bloomberg Espanol: https://www.youtube.com/@bloomberg_espanol
Bloomberg Podcasts: https://www.youtube.com/@BloombergPodcasts
