Bloomberg has learned China is considering suspending its 125% tariff on some US imports, including medical equipment and industrial chemicals like ethane. Also on the show: latest Fed commentary signals openness to cutting rates earlier than expected; Qatar Airways says it can withstand the shocks from higher tariffs thanks to a stock of aircraft spares that might otherwise be harder to source; Saudi Arabia’s billionaire Prince Alwaleed bin Talal is back in the spotlight; South Africa’s Finance Minister Enoch Godongwana says the government will be looking into other resources to cover a revenue shortfall; Kenya’s central bank governor is considering adding gold to its reserves; Saudi Arabia and South Africa held numerous meetings resulting in signed deals worth billions of dollars in various sectors. Guests include: Sree Kochugovindan, Aberdeen Investments, Senior Research Economist; Badr Mohammed Al-Meer, Qatar Airways Group, CEO; Karam Shaar, Chief Economic Consultant to the Office of the United Nations Resident Coordinator in Syria; Enoch Godongwana, South African Finance Minister.
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
00:03:32 – China weighs exempting some US goods from tariffs
00:08:46 – Sree Kochugovindan, Aberdeen Investments, Senior Research Economist
00:15:18 – Badr Mohammed Al-Meer, Qatar Airways Group, CEO
00:27:54 – Saudi’s Prince Alwaleed bin Talal back in the spotlight
00:32:10 – Karam Shaar, Chief Economic Consultant to the Office of the United Nations Resident Coordinator in Syria
00:35:42 – Enoch Godongwana, South African Finance Minister
00:39:10 – Kenya ‘actively considering’ buying gold
00:43:03 – Saudi Arabia-South Africa deals worth billions
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