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Fed Affirms Rate Patience; Trump Eases Jordan Aid Threats | Horizons Middle East & Africa 02/12/2025
Posted
February 12, 2025
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February 12, 2025
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1:30:36Now PlayingFed Chair Jerome Powell says he doesn't need to rush to adjust interest rates. Also on the show: CEO of IBM has welcomed the disruption caused by DeepSeek; President Trump has backed off his threat to withhold US aid for Jordan; Spinneys has reported full year profit of 290M dirhams; Rwanda could face an economic backlash over its support for the M23 rebels; President Trump wants Egypt and Jordan to take in Palestinians from the Gaza Strip so he can proceed with his plan of taking control of the territory; Alibaba's stock surged after a report suggesting Apple is working with the e-commerce pioneer to roll out AI features in China; OpenAI CEO, Sam Altman, says a $97B takeover offer led by Elon Musk, is a business strategy that comes from a position of insecurity. Guests include: Karim Chedid, BlackRock, Head of Investment Strategy for iShares EMEA; Arvind Krishna, IBM, CEO; Sunil Kumar, CEO, Spinneys; Rajeev De Mello, GAMA Asset Management, Global Macro Portfolio Manager; Ewa Manthey, ING, Commodities Strategist.
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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