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