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Powell Signals Rate Cut Soon; US Takes Intel Stake | Horizons Middle East & Africa 8/25/2025
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August 25, 2025
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1:33:14
45:59Now PlayingAsian stocks rally after Fed Chair Jay Powell signals an interest-rate cut could come as soon as next month, despite divisions among policymakers over challenges in inflation and the jobs market. The US government takes a near 10% stake in Intel, worth 8-point-9 BILLION dollars, in a bid to reinvigorate the beleaguered company and boost domestic chipmaking. Saudi Arabia's winter dreams on thin ice as Riyadh and Asia's Olympic Council look to alternatives for 2029's planned Asian Winter Games amid construction challenges. Guests include: Sonali Rawal, Anand Rathi Wealth, International Business Head; and Tim Callen, Arab Gulf States Institute, Visiting Fellow and former IMF Mission Chief to Saudi Arabia.
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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