Brazil’s Currency Plunges; Mideast Oil Giants Back Supply | Horizons Middle East & Africa 07/10/2025

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Brazil's currency plunges after US President Donald Trump threatens a 50% tariff on the country, calling on authorities to drop charges against the nation's right-wing populist former president, Jair Bolsonaro; OPEC+ officials double down with Saudi Arabia, the UAE and Kuwait saying additional supply was needed by the global market; and President Trump says the US is shifting from aid to trade, as he welcomed 5 African leaders to the White House for a summit. Guests include: Charles-Henry Monchau, Banque Syz CIO; Daan Struyven, Goldman Sachs Co-Head of Global Commodities Research; and Victoria Harling, Ninety One, Co-Head Emerging Market Corporate Debt.

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.

Chapters:
00:00:00 - Introduction
00:03:27 - Trump threatens 50% tariff on Brazil; calls for charges against Bolsonaro to be dropped
00:06:21 - Charles-Henry Monchau, Banque Syz CIO
00:12:51 - Tariffs in focus at ASEAN Foreign Ministers meeting
00:17:29 - Sheikh Nawaf Al-Sabah, Kuwait Petroleum Corp CEO
00:27:48 - Daan Struyven, Goldman Sachs Co-Head of Global Commodities Research
00:35:59 - Victoria Harling, Ninety One, Co-Head Emerging Market Corporate Debt
00:42:05 - Trump shifts from 'aid to trade' as he welcomes 5 African leaders to White House
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