Saturday, January 18, 2025

#Africa - Economic Outlook: Trump Effect, Currency Moves, Growth Picture: Bloomberg

18 January 2025

The IMF has raised its growth forecast for sub-Saharan Africa to 4.2% this year, the highest since 2021. But Africa's markets enter the new year with a series of known headwinds to consider, from Donald Trump's proposed policies to the impact of China's economic struggles.

So what will define the economic picture? Citi's chief Africa economist David Cowan discusses the outlook with Bloomberg's Jennifer Zabasajja.

#Ghana - How Illegally Smuggled Gold Is Fueling The U.S. Gold Boom: CNBC

16 January 2025

Tens of billions of dollars of gold are illegally smuggled out of Africa each year. Ghana, one of the world's top gold producers, has seen the impact of that illegal mining. While the vast majority of world’s gold comes from large mining companies like Newmont, Barrick Gold and Agnico Eagle, gold is also a source of income for millions of small artisanal miners, a source of revenue for many African governments and the cause of human rights violations and environmental degradation. And gold prices are surging. In January 2024, spot gold rose to more than $2,600 an ounce. U.S. gold futures have seen similar levels. One reason for that growth, in difficult economic and geopolitical times, investors bet on gold for its ability to store value. So what do investors need to know about how gold is sourced, and will the price continue to soar?

NBC's Zinhle Essamuah traveled to Ghana to find out what impact illegal mining is having in Africa and the global gold trade.

#Trump #China - Trump reverses course on relations with China as Elon Musk exerts influence: CNN

18 January 2025

CNN's Will Ripley reports on Chinese Vice President Han Zeng making the historic move to attend president-elect Donald Trump's second inauguration and how it underscores Trump's popularity among the Chinese public.

Then, CNN's Fareed Zakaria discusses the relationship between President-elect Donald Trump and China's President Xi Jinping and where Elon Musk's influence comes to play.

#CNN #News

#Iran #Russia #deal - What Russia's and Iran's major new strategic partnership treaty is all about | DW News

17 January 2025

Iran and Russia are expected to sign a major new strategic partnership treaty during a visit to Moscow by Iran's president. Masoud Pezeshkian has been holding talks with President Vladimir Putin before signing the deal. The Kremlin says it covers areas from trade and military cooperation to science, education and culture. Both sides are looking to deepen their relations in the face of Western sanctions.

#Iran #Russia #deal

#investment #finance - Hot Picks in AI trades: BNN Bloomberg

17 January 2025

Founder and CEO of Spear Invest Ivana Delevska shares her hot stock picks in AI trades.

Friday, January 17, 2025

#USA #Trump #Tariffs - Why Economists Hate Trump's Tariff Plan | WSJ

17 October 2025

Tariffs are at the center of former President Donald Trump’s economic plan. He wants to put across-the-board 60% tariffs on everything from China and 10%-20% on everything else from the rest of the world. It’s an extreme trade policy that he wants to use to generate revenue to cut taxes. But how would they work? WSJ explains how tariffs work and what Trump’s proposals would do.

#Trump #Tariffs #WSJ

#news #podcasts - Top U.S. & World Headlines — January 17, 2025: Democracy Now

17 January 2025

Democracy Now! is an independent global news hour that airs on over 1,500 TV and radio stations Monday through Friday. Watch our livestream at democracynow.org Mondays to Fridays 8-9 a.m. ET. Subscribe to our Daily Email Digest: https://democracynow.org/subscribe

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#investment #finance - Trump to Designate Crypto as National Priority | The Opening Trade: 01/17/2025

17 January 2025

European stocks gained, with miners boosted by a report of M&A talks between two of the sector’s biggest names.

President-elect Donald Trump is planning to release an executive order elevating crypto as a policy priority and giving industry insiders a voice within his administration, according to people familiar with the plans. SpaceX’s Starship rocket exploded just minutes into its seventh test flight, an unexpected setback after the Elon Musk-led company had made steady progress advancing the vehicle’s capabilities.

The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Guy Johnson and Tom Mackenzie.