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Trump Says Powell Not Fired; IMF Slashes Global Growth| Horizons Middle East & Africa 04/23/2025
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April 23, 2025
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46:11Now PlayingMarkets reacted positively to US President Donald Trump's announcement that he has "no intention" of firing Fed Chair Jerome Powell. Elon Musk says he will devote more time to Tesla starting next month, as his stint leading the Department of Government Efficiency, will be largely complete. Meanwhile, Trump will visit Saudi Arabia, the UAE and Qatar in May as he seeks to confirm trillions of dollars in investment. Saudi Arabia and India have agreed to deepen energy ties and cooperate more closely on tourism and technology amid the global economic turbulence. The IMF has slashed its global growth forecasts for this year and next, warning it could get worse if US tariffs spark a global trade war. Also on the show, Kenyan President William Ruto is in China on a five-day state visit. And Dubai's luxury property market continues its boom with wealthy buyers again driving record sales of homes valued above $10M. Guests include: Greg Wilensky, Janus Henderson Investors, Head of US Fixed Income & Head of Core Plus; and Rachel Ziemba, Ziemba Insights Founder
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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