Biden Envoys in Mideast for Lebanon Talks | Horizons Middle East & Africa 11/01/2024

Top US diplomats visited the Middle East to try and secure a pause in fighting ahead of the US elections. Also on the show: stocks were mixed in the US, with Apple down, but Amazon and Intel up in afterhours trading; Intel CEO says the company had a challenging third quarter although it saw good operational results; the US oil industry is now the most productive US sector; US presidential candidates Kamala Harris and Donald Trump in Western battleground states to try and ramp up their messaging to draw in any undecided voters; Boeing and union representing 33,000 striking workers reached a tentative agreement to end their dispute; the IMF lowers its economic growth projections for MENA region; scandals at Nomura are threatening to derail a turnaround plan at Japan’s biggest brokerage; UK Chancellor Rachel Reeves sought to reassure financial markets after her budget triggered a selloff in UK bonds; Israel beefs up security in the West Bank; Early Botswana’s election indicate ruling party will lose its grip on power; Nigeria’s government approves Exxon Mobil’s sale of its onshore oil and gas assets; IMF has agreed to move ahead with Kenya’s aid package; Google’s outgoing EMEA President Matt Brittin speaks to us about challenges and opportunities of investing in Africa; Franklin Amoo from Baylis Emerging Market speaks on how the US election is set to impact Africa; Russian President Vladimir Putin says the newly expanded BRICS group shows that a "multipolar world" is being created; guests include: Anita Krishna Gupta, Emirates NBD, Equity Strategy Head of the CIO Office; John Hart, Australian National University in Canberra, Professor; Jonathon Reynolds, UK Business and Trade Secretary; Matt Brittin, Google, EMEA President; Franklin Amoo, Baylis Emerging Market, CEO.

00:00 Introduction
03:20 Tech’s mixed earnings season continues
05:58 Biden envoys on Mideast for Lebanon talks
11:26 Anita Krishna Gupta, Emirates NBD, Equity Strategy Head of the CIO Office
19:31 Intel 3Q results spark optimism
27:00 Energy sector leads US productivity gains
30:39 John Hart, Australian National University in Canberra, Professor
38:50 Boeing union endorses latest offer
41:45 IMF lowers MENA growth for 2024, 2025
46:46 Tech’s mixed earnings season continues
53:35 Nomura woes deepen with trading
58:26 Jonathon Reynolds, UK Business and Trade Secretary
01:06:10 Israel beefs up security in the West Bank

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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