Hostilities between Israel and Iran entered a fourth day on Monday with no sign of easing, stoking fears of a wider war in the oil-rich region.
Iran fired several waves of drones and missiles over the last 24 hours, while Israel continued hitting the Islamic Republic’s capital, Tehran, killing one more senior military official.
Since Friday, 224 people have been killed in Iran, according to the government, which said most of the casualties were civilians. Iranian attacks killed 23 people in Israel, according to an official in Prime Minister Benjamin Netanyahu’s office, and injured more than 400. Investors tempered the risk-off positioning that was triggered by the hostilities, with oil wavering and stocks staging a tentative rebound. As traders increasingly anticipate that the conflict between the two arch adversaries will remain contained, S&P 500 futures rose 0.5%, pointing to a recovery after the US benchmark shed more than 1% on Friday. European and Asian stocks also gained.
Today’s guests: Luc Frieden, Prime Minister of Luxembourg, Rajeev Sibal, Morgan Stanley Senior Global Economist, Roxane Farmanfarmaian, University of Cambridge Lecturer, Giulia Pellegrini, Allianz Global Investors Emerging Markets Portfolio Manager.
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Chapters:
00:00:00 – The Pulse With Francine Lacqua
00:01:34 – Israel-Iran Attacks Span Fourth Day With No Deal in Sight
00:09:48 – Iran’s Leaders Face a Reckoning as Israeli Strikes Intensify
00:12:41 – Rajeev Sibal, Morgan Stanley Senior Global Economist
00:15:27 – G-7 Leaders Avoiding Statement of Unity
00:17:53 – Trump Says Israel, Iran May Need to ‘Fight It Out’ Before Deal
00:20:39 – Trump Blocked Israeli Plan to Kill Iranian Leader Khamenei
00:22:10 – Roxane Farmanfarmaian, University of Cambridge Lecturer
00:26:10 – Giulia Pellegrini, Allianz Global Investors Emerging Markets Portfolio Manager
00:34:47 – Israel Attacks South Pars Gas Field
00:38:01 – Faury: Trade Conflicts Creating Uncertain World
00:45:27 – Luc Frieden, Prime Minister of Luxembourg
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