South Korean Impeachment; Todd Boehly’s New $74B Entity | Horizons Middle East & Africa 12/05/2024
December 5, 2024
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1:32:17Now PlayingSouth Korean Impeachment; Todd Boehly’s New $74B Entity | Horizons Middle East & Africa 12/05/2024
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as posted by the channelSouth 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.
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