US President Donald Trump hints that National Economic Council Director Kevin Hassett is his possible choice for the next Fed Chair. Traders ramp up bets that a new Fed Chair and a wave of delayed economic data will support the case for more rate cuts. The Kremlin says president Vladimir Putin held ‘very useful’ talks with US envoys Steve Witkoff and Jared Kushner, but both sides failed to agree to a deal to end the war in Ukraine. Saudi Arabia sticks to its spending and borrowing plans in its 2026 budget to fund its economic diversification. Trump signs a bill to deepen US-Taiwan ties as concerns escalate that China could move against the self-governing island. Guests on the show include: Parisha Saimbi, BNP Paribas, FXLM Strategist; and Kurt Björklund, Permira, Executive Chairman.
Donald Trump hints that Kevin Hassett could be next Fed Chair
Parisha Saimbi, BNP Paribas, FXLM Strategist
US-Russia hold ‘very useful talks’ but no deal
Saudi Arabia 2026 budget: sticking to spending, borrowing plans
National Economic Council Director Kevin Hassett
Kurt Björklund, Permira, Executive Chairman
Nigeria: President Bola Tinubu appoints new defense minister amid security crisis
Trump signs bill deepening US-Taiwan ties
Chapters:
00:00:00 – Horizons Middle East & Africa 12/3/2025
00:00:54 – Market Check
00:01:59 – Interest Rates Disagreements Spike
00:02:51 – Asian Stocks Steady Amid Fragile Sentiment
00:05:42 – Rate Cut Bets Swell on Trump-backed Fed
00:12:29 – Putin Meets with Trump Envoys for Five Hours
00:15:07 – Saudi Arabia Sticking to Spending, Borrowing Plans
00:19:24 – Hassett On US Inflation Outlook
00:23:37 – Market Check
00:25:53 – Indian Rupee Weakens Past 90-per-Dollar
00:28:05 – Permira Sees Exit & Dealmaking environment
00:36:16 – New Nigeria Defense Minister Amid Security Crisis
00:40:04 – Trump Signs Bill To Deepen US-Taiwan Ties
00:43:39 – OpenAI’s Altman Urges ‘Code Red; ChatGPT Push
00:44:56 – Amazon Rushes Out Latest AI Chip To Take On Rivals
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