German and French foreign ministers visit Damascus as the EU steps up efforts to build ties and reduce Russia’s influence in Syria. Also on the show: China has maintained its support for the yuan with the daily reference rate, signaling policymakers’ to slow its depreciation; Canada’s Globe and Mail says prime minister, Justin Trudeau, is expected to announce as early as Monday that he will resign; a gauge of Asian currencies has hit its lowest in almost two decades, with Japan’s yen leading declines among Group-of-10 currencies against the dollar; South Korean investigators ask police to execute a warrant to arrest impeached President Yoon Suk Yeol; Syria’s foreign minister has told the SANA news agency partnerships with Qatar agreed to during his weekend visit to Doha, will help the country’s recovery efforts; Republican Mike Johnson has won reelection as House speaker; investments continue to pour into the Gulf, and sovereign wealth funds are poised to further extend their influence over global markets; South Africa has approved a tax break to encourage the production of new-energy vehicles; New York City has joined Stockholm and London in charging drivers to enter high-traffic areas; US President Joe Biden has blocked Nippon Steel’s $14B takeover of US Steel; Turkey’s inflation rate fell more than expected last month. Guests include: Thu Ha Chow, Robeco, Head of Fixed Income Asia; Tim Callen, Arab Gulf States Institute, Visiting Fellow; Ryan Lemand, Neovision Wealth Management, Co-Founder and CEO; Selva Demiralp, Koç University, Economics Professor.
Chapters:
00:00:00 Horizons Middle East & Africa
00:04:25 China maintains grip on Yuan
00:07:43 The Globe and Mail: Canada’s Trudeau likely to resign this week
00:08:20 Thu Ha Chow, Robeco, Head of Fixed Income Asia
00:14:04 Police ask South Korea investigators to execute Yoon arrest warrant
00:18:01 Syria seeks regional and global diplomatic ties
00:28:30 Johnson wins House Speaker vote
00:32:29 Tim Callen, Arab Gulf States Institute, Visiting Fellow
00:39:34 South Africa introduces 150% EV tax incentive
00:44:05 begins congestion pricing
00:58:38 Ryan Lemand, Neovision Wealth Management, Co-Founder and CEO
01:04:33 Syria seeks regional and global diplomatic ties
01:13:58 Biden blocks Nippon-US steel deal
01:16:55 Selva Demiralp, Koç University, Economics Professor
01:30:06 Blinken: South Korea shows ‘resilience’
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.
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