Trump Picks Next Fed Chair; OPEC+ Sticks to Output Plan | Horizons Middle East & Africa 12/1/2025

Posted on 12/01/2025
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President Trump confirms he has picked the next Fed chair to succeed Jerome Powell but gives no name yet. Oil jumps after OPEC+ sticks to its plan to pause output hikes in the first quarter of 2026, amid growing signs of a global surplus. And, the data center that supports CME Group bolsters its backup cooling, after Friday's major outage roiled global markets. Guests on the show include: Haig Bathgate, Callanish Capital CEO; and Carole Nakhle, Crystol Energy CEO.

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

00:04:56 - Haig Bathgate, Callanish Capital CEO

00:12:00 - Marco Rubio: US-Ukrainian talks were productive

00:18:15 - Rwandan President says Congo not adhering to peace accords

00:27:39 - Carole Nakhle, Crystol Energy CEO

00:34:25 - Rishi Kapoor, Investcorp Vice Chair and CIO

00:42:00 - EU defense ministers vow to step up cooperation on hybrid threats

00:45:27 - Airlines race to update software after Airbus glitch

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