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Canada’s Trudeau Quits After 9 Years in Power | Horizons Middle East & Africa 01/07/2025

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Canada’s Prime Minister, Justin Trudeau, is resigning, bowing to sagging approval numbers and a rebellion within his own Liberal Party. Also on the show: Asian shares have made gains after Wall Street rallied for a second day; AI has been the dominant tech trend since ChatGPT was launched more than two years ago; the US has blacklisted Tencent and CATL for alleged links to the Chinese military; global research firm, Eurasia Group, has published its annual report predicting the top global risks for the year ahead; Saudi Arabia is raising oil prices for buyers in Asia next month; Nvidia CEO Jensen Huang has announced a raft of new chips, software and services, aiming to stay at the forefront of artificial intelligence computing; German inflation accelerated more than anticipated last month; Saudi Arabia has started 2025 with a borrowing spree, as it looks to fuel its vast economic transformation plan; Ackerley Sports Group to pursue a new deal for the commercial rights to the world champion Springboks rugby team after an initial bid for the South African organization failed. Guests include: Lori Turnbull, Dalhousie University, Political Science Professor, Faculty of Management; Ashvin Murthy, AVM Capital, Founder & CIO; Emilie Bodoin, Pure Lithium, Founder & CEO; Frederik Ducrozet, Pictet Wealth Management, Head of Macroeconomic Research; Ziyanda Stuurman, Eurasia Group, Senior Africa Analyst.

Chapters:
00:00:00 Horizons Middle East & Africa
00:04:44 Canada’s Trudeau quits after 9 years in power
00:08:06 Lori Turnbull, Dalhousie University, Political Science Professor, Faculty of Management
00:13:50 Ashvin Murthy, AVM Capital, Founder & CIO
00:20:28 What’s next for AI in 2025?
00:27:11 US adds Tencent, CATL to blacklist
00:30:18 Emilie Bodoin, Pure Lithium, Founder & CEO
00:37:09 Eurasia group’s top risks for 2025
00:42:06 Saudi Arabia hikes oil price for Asia
00:54:51 Nvidia unveils powerful graphics cards
00:59:34 Frederik Ducrozet, Pictet Wealth Management, Head of Macroeconomic Research
01:05:37 US adds Tencent, CATL to blacklist
01:13:42 Ziyanda Stuurman, Eurasia Group, Senior Africa Analyst
01:21:01 Saudi debt spree starts with bond sale
01:25:04 Ackerley plans new South Africa rugby bid

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.
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Big Take: Polymarket and Kalshi Grapple With A New Class of Insider Trader

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From politics to pop culture, prediction markets thrive on uncertainty. But a massive surge in unusual trades suggests insiders with nonpublic information may be wagering millions. On today’s Big Take podcast, Bloomberg’s Denitsa Tsekova and Leonardo Nicoletti join host Sarah Holder to break down their analysis into the rise of these questionable bets — and what platforms and federal regulators plan to do about it. Listen wherever you get your podcasts.
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The Rundown: OpenAI’s rogue agent, Big Tech earnings

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Edward Ludlow has The Rundown on this week’s biggest tech stories, from OpenAI’s rogue agent to Big Tech earnings. Keep up to date with our latest technology coverage: https://bloom.bg/4dXaQUj

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How Private Credit is Fueling the Buy-Now-Pay-Later Boom

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On today’s Big Take podcast, we track how private credit is funding the Buy-Now-Pay-Later boom, what it means for borrowers and why the relationship is raising red flags.
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Elon Musk v Sam Altman: How Can a Fair Jury Be Picked?

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The trial of Elon Musk v. Samuel Altman is beginning. And the personal feelings of jurors will pose a special challenge in the multi-billion dollar trial over Musk’s claims that Altman betrayed OpenAI’s founding principles, as it features two household names that each come with significant baggage.

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Who Governs the AI Boom?

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Should AI be regulated, or should society adapt to it instead? Economist Jason Furman argues that not every AI problem should be solved the same way. From bioweapons to job losses, he explains where the government should step in, where markets should adjust, and why the biggest AI debate may ultimately be a moral one.
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