Nvidia’s three-day rout wipes off $430 billion in value, dragging Wall Street with it, while Asian stocks shrug off worries of the tech rally running out of steam. Also on the show: Secretary of State Antony Blinken and Israeli Defense Minister Yoav Gallant discuss a cease fire deal in Washington as the US seeks an end to the war and to prevent further escalation with Hezbollah in Lebanon; Ghana secures a debt deal with private creditors to restructure about $13 billion of loans. Guests: Sunil Garg, Lighthouse Canton managing director and global head of research and investments; Simon Williams, HSBC CEEMEA chief economist; Simon Quijano-Evans, Gemcorp Capital chief economist.
00:00 Introduction
02:35 Nvidia’s 3-day rout wipes out $430 billion
04:20 Sunil Garg, Lighthouse Canton managing director and global head of research and investments
12:00 Blinken, Gallant discuss a cease fire in Washington
15:00 The World Economic Forum in China kicks off
19:19 Extreme weather threatens Saudi vision to expand Hajj
25:55 Simon Williams, HSBC CEEMEA chief economist
31:00 Adnoc-Covestro talks on €12 billion deal
35:00 Ghana’s deal to restructure $13 billion of debt
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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