Cheaper weight-loss drugs were expected to take off in India. But despite GLP-1s costing as little as $14 a month, demand has been slower than expected. From stigma to hesitant doctors, Satviki Sanjay explains why price isn’t the only barrier.
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Oil extends losses and Asian stocks edge higher as crude and LNG shipments through the Strait of Hormuz reach a six-month high. The yen faces pressure after the Bank of Japan disappoints.
US-China talks cover trade, AI and investment ahead of the Trump-Xi summit. Bessent calls the engagement successful, while China’s Li cites a positive atmosphere.
Qatar’s prime minister urges coordinated Gulf action on Iran, stresses that peace requires more than mediation and discusses fiscal management as war drives a 7% economic contraction. Al-Ansari says ideas are being exchanged to resume US-Iran talks. Saudi Arabia issues rare air-raid alerts for Riyadh.
Al-Kaabi highlights Hormuz’s critical energy role, reaffirms Qatar’s reliability as an LNG supplier and expects North Field East to come online in the first half of 2027. Qatar Airways reports a cargo boom linked to Hormuz disruption and plans to add 138 jets over five years.
Al-Sowaidi calls innovation a marathon, Rowan sees overwhelming demand for capital, and Solomon says the AI supercycle will take decades to deliver. Anthropic moves its planned IPO to November, while Google joins OpenAI, Anthropic and Meta in disclosing AI hacks.
Dangote says the refinery IPO will usher in a new era for Africa, targeting 10 million subscribers. He outlines plans to reinvest up to $50 billion across Africa and expand refinery capacity to match 10% of the US total, while highlighting its position as the leading jet-fuel exporter to Europe.
Germany’s chancellor suffers a setback as his party loses power in a state election. Zelenskyy is set to meet Trump during the UN General Assembly in New York.

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
00:03:04 – Eric Robertsen, Chief Strategist, Standard Chartered
00:12:32 – US-China Trade Talks Ahead of Trump-Xi Summit
00:17:43 – Trump to Meet Gulf Leaders in New York This Week
00:21:09 – Saad Sherida Al-Kaabi, Energy Minister of Qatar
00:28:01 – Mohammed Saif Al-Sowaidi, CEO, Qatar Investment Authority
00:28:35 – Marc Rowan, Chairman and CEO, Apollo
00:29:25 – David Solomon, Chairman and CEO, Goldman Sachs
00:32:31 – Hamad Ali Al-Khater, Group CEO, Qatar Airways
00:35:58 – Bandar Al-Thani, Governor, Qatar Central Bank
00:37:26 – Majed Al Ansari, Adviser to Qatar’s Prime Minister
00:41:05 – Aliko Dangote, President, Dangote Group
00:44:54 – Ndaba Gaolathe, Vice President of Botswana
——–
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Top Iranian officials are being allowed to come to New York next week for the UN General Assembly, but will they meet with any US officials? Meanwhile, President Donald Trump tells Axios he has a big decision to make about Iran. Bloomberg’s Courtney Subramanian reports from the White House.
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Ed Yardeni, one of the biggest stock bulls on Wall Street, talks about why he’s slashing his year-end forecast for the S&P 500 Index to 7,900 from 8,400. He also says the Federal Reserve could raise interest rates two more times this year. Yardeni says Iran is likely to wreak havoc and keep oil prices elevated. He speaks on “Bloomberg Surveillance.”
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“Bloomberg Real Yield” highlights the market-moving news you need to know. Today’s guests: Vanguard Senior Fixed Income Client Portfolio Manager Rebecca Venter, Columbia Threadneedle Investments Portfolio Manager Ed Al-Hussainy, Barings High Yield Portfolio Manager Michael Best, and Beach Point Capital Management Head of Performing Credit Sinjin Bowron.
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