US Scraps Bounty on Syria’s Al-Sharaa | Horizons Middle East & Africa 12/23/2024
The US has lifted a $10 million bounty on Syria’s de facto leader Ahmed Al-Sharaa after an American delegation met him in Damascus last week. Also on the show: Panama’s president has rejected President-elect Donald Trump’s threat to reimpose US control over the Panama Canal; Honda and Nissan are reportedly aiming to reach a final agreement on their planned merger in June; Asian stocks and US futures are trading higher after the Federal Reserve’s favored inflation gauge cooled; growth remains weak in India and volatile food prices is keeping inflation high; Carlos Ghosn, the architect of the Renault-Nissan alliance, says merger talks between Nissan and Honda suggests Nissan is in ‘panic mode’; Mozambique is bracing for more protests as the country’s top constitutional body prepares to validate its disputed election; European stocks got pummeled last week amid fears about Fed’s policy path, the outlook on tariffs and concerns about the region’s biggest companies; San Francisco Fed president Mary Daly says she’s very comfortable with two rate cuts in 2025; US President-elect Donald Trump has warned the European Union its exports will get hit with US tariffs if its member states don’t buy more American oil and gas; the rise of China’s EV industry has left German car giant, Volkswagen, in a tough spot. Guests include: Achala Jethmalani, RBL Bank, Economist; Peter Schaffrik, RBC Capital Markets, Global Macro Strategist.
00:00 Intro
03:53 Donald Trump in feud with Panama over canal control
09:35 NHK Says Honda, Nissan aim to reach final pact on merger in June
14:30 Fresh US data stoke rate cut bets
19:11 US scraps $10M million bounty on HTS leader
26:42 Achala Jethmalani, RBL Bank, Economist
33:50 Carlos Ghosn: Nissan is in ‘panic mode’
37:50 Mozambique braces for more protests
42:07 European stocks struggle to match US
49:11 US President-elect Trump in feud with Panama over canal control
54:57 NHK: Honda, Nissan aim to reach final pact on merger in June
59:03 Peter Schaffrik, RBC Capital Markets, Global Macro Strategist
01:05:55 US scraps $10M million bounty on HTS leader
01:12:35 Trump threatens tariffs on EU if it doesn’t buy US oil
01:19:48 Mary Daly: Comfortable with 2 cuts in 2025
01:23:18 Mozambique Constitutional Council to announce election results
European stocks struggle to match US
01:27:18 Has Volkswagen lost its way?
01:28:34 European stocks struggle to match US
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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