US President Donald Trump has defended his use of tariffs in a primetime address to a joint session of Congress. Also on the show: China has once again set its economic growth goal for this year at about 5%, as the National People’s Congress begins in Beijing; Arab countries have endorsed Egypt’s Gaza reconstruction plan; Aramco plans to trim the world’s biggest dividend, lowering a key source of funds for Saudi Arabia’s budget while relieving stress on its own finances; President Trump says he has received strong signals that Russia is ready for peace; Discovery has posted a 34% increase in first-half headline earnings on growth in its South African health-insurance business and Vitality franchise in the UK; Rwanda wants the UK to pay over $60M for cancelling a controversial migrants deal; Dubai is opening a building dedicated to hedge fund start ups looking to expand into the city. Guests include: Carlos Casanova, Senior Asia Economist, UBP; Kieran Williams, In Touch Capital Markets, Head of Asia FX and Macro Analysis; Adrian Gore, Discovery, CEO.
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
00:01:47 – Trump warns of tariff ‘disturbance’
00:04:55 – China sets GDP growth goal at 5%
00:09:08 – Carlos Casanova, Senior Asia Economist, UBP
00:23:27 – Kieran Williams, In Touch Capital Markets, Head of Asia FX and Macro Analysis
00:34:03 – Arab leaders endorse Gaza rebuilding plan
00:42:34 – Aramco drops on dividend cut
00:46:28 – Trump says received strong signals Russia is ready for peace
00:48:22 – Adrian Gore, Discovery, CEO
00:52:51 – Rwanda demands £50M for migrant deal
00:56:48 – Dubai’s plan to woo hedge funds
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