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Trump Teases ‘Major’ Deal; US Plans Chip Ban Reversal | Horizons Middle East & Africa

DeFi Daily News by DeFi Daily News
May 8, 2025
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Trump Teases ‘Major’ Deal; US Plans Chip Ban Reversal | Horizons Middle East & Africa
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US President Donald Trump says he will announce a major trade agreement, sources tell Bloomberg it’s expected to be with the UK. Also on the show: Fed Chair Jerome Powell says officials are not in a hurry to adjust interest rates; President Trump is promising more information over the next day on a potential new proposal for a Gaza hostage release and ceasefire; CEO of Morocco’s Casablanca Stock Exchange says the launch of a derivatives market will complement the main board and bring about a new wave of trading; a three-day Russian-declared ceasefire in Ukraine has come into force; the Bank of England is expected to cut interest rates by 25 basis points; South African President Cyril Ramaphosa has unveiled the second phase of a reform program aimed at firing up the sluggish economy. Guests include: Craig Chan, Nomura, Head of Global FX Strategy; Tarik Senhaji, Morocco’s Casablanca Stock Exchange, CEO; Julia Roknifard, Taylor’s University, Senior Lecturer for the School of Law & Governance.

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
00:03:11 – Trump teases major trade deal expected
00:15:06 – Trump on Gaza: You’ll know in 24 hours
00:19:16 – Tarik Senhaji, Morocco’s Casablanca Stock Exchange, CEO
00:25:35 – Putin’s 72-hour Ukraine truce comes into force
00:29:58 – Singapore ex-envoy on Trump tariffs
00:35:14 – BOE set to cut rates by 25 bps
00:38:58 – Julia Roknifard, Taylor’s University, Senior Lecturer for the School of Law & Governance
00:44:14 – Ramaphosa unveils second phase of reforms
——–
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Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more.

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