South Korea’s President Yoon Suk Yeol is reportedly set to face an impeachment vote as early as Saturday, over his shock declaration of martial law. Also on the show: French president Emmanuel Macron is looking for a new prime minister after the far right and left united in France to push through a no-confidence motion against the government; Brent crude prices have steadied after a decline with traders looking to OPEC+ meeting, which may defer a move to revive output; AFP is reporting Syrian rebels have reportedly encircled the key central city of Hama, battling government forces loyal to President Bashar al-Assad; Fed Chair Jerome Powell says he’s bullish on the US economy, and expects officials can move cautiously as they continue lowering interest rates; General Motors says it will incur more than $5 billion in charges and writedowns from its China joint venture; Saudi stocks are trailing emerging-market benchmarks for the first time since 2020, but some investors see reasons why next year could turn out better; Kenyan lawmakers have approved the reinstatement of some tax measures that were previously abandoned after sparking protests; Eldridge CEO and co-founder tells Bloomberg the company is planning to launch Abu Dhabi office; South Africa’s economy contracted in the third quarter, hit by a sharp drop in agricultural output; Damac Group plans to invest about $3 billion to build data centers across Southeast Asia as the region becomes a hub for AI and cloud services; US President Joe Biden toured an Atlantic port terminal that’s part of the Lobito Corridor redevelopment on his third and final day of a visit to Angola.
Guests include: Sara Vakhshouri, SVB Energy International, President & Founder; Giorgio Pradelli, EFG International, CEO; Todd Boehly, Eldridge Industries, Co-founder, Chairman, and CEO; Anthea Gardner, Cartesian Capital, Founding Partner & Hedge Fund Manager.
Chapters:
00:00:00 – Horizons Middle East & Africa
00:04:09 – Yonhap: S. Korea opposition party seeks impeachment vote Dec. 7
00:06:35 – Macron’s premier ousted in France
00:10:56 – Sara Vakhshouri, SVB Energy International, President & Founder
00:17:17 – AFP: Syrian rebels encircle Hama
00:27:22 – Giorgio Pradelli, EFG International, CEO
00:33:54 – GM pulls back in Chinese car market
00:36:36 – Saudi stocks trailing EM benchmarks
00:40:10 – Kenyan lawmakers agree to reinstate some tax measures
00:51:22 – Yonhap: S. Korea opposition party seeks impeachment vote Dec. 7
00:54:03 – Todd Boehly, Eldridge Industries, Co-founder, Chairman, and CEO
01:04:30 – Macron’s premier ousted in France
01:13:16 – AFP: Syrian rebels encircle Hama
01:17:20 – Anthea Gardner, Cartesian Capital, Founding Partner & Hedge Fund
01:23:30 – Damac plans to build data centers across Asia
01:29:15 – Biden visits Lobito corridor in Angola
——–
More on Bloomberg Television and Markets
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