ASML Falls to Lowest This Year; US Warns Israel on Gaza | Horizons Middle East & Africa 10/16/2024

Asian stocks extend a US selloff, on worries the AI rally is ending its bull run, after Dutch giant ASML cuts its outlook as it books only half the orders expected this quarter. Also on the show: The Biden administration warns Israel it must improve the humanitarian crisis in Gaza within 30 days or risk being cut off from US weapons; and oil giant Aramco shelves Saudi refinery and chemical projects as it shifts focus to expanding in Asia. Guests include: Vandana Hari, Vanda Insights CEO & Founder; Mirek Dušek, WEF Managing Director; Ahmed El-Hoshy, Fertiglobe CEO; and Wawira Njiru, Food 4 Education

00:00 Introduction
02:54 Stocks sell off after ASML cuts outlook
06:21 US warns Israel to improve humanitarian crisis in Gaza in 30 days
08:22 Vandana Hari, Vanda Insights CEO & Founder
14;30 Donald Trump, US Republican Presidential Nominee
15:26 Mirek Dušek, WEF Managing Director
28:57 Nigeria: inflation rises as floods push up food prices
32:45 Aramco shelves domestic projects and pivots on Asia expansion
35:42 Ahmed El-Hoshy, Fertiglobe CEO
41:42 Wawira Njiru, Food 4 Education 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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