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G20's Debt Toolkit Faces Fresh Test in Senegal

The G-20 Common Framework, a global toolkit to help poorer nations avoid chaotic defaults faces a fresh test in Senegal. Amid mounting debt strains, the nation plans to use an improved version of the framework to secure a fair distribution of relief across creditors in what will be seen as a key test of its effectiveness. Bloomberg's Matthew Hill reports from the annual IMF & World Bank meeting in Bangkok.

Read more: G20's Debt Toolkit Faces Fresh Test in Senegal
Bloomberg
Financial

Wilkinson: Biggest Global Energy Shock in 40 Years

Oil slipped as traders weigh a potential energy ceasefire between Ukraine and Russia while the IEA urged members to speed up pledged diesel releases. This comes after hostilities escalated across the Middle East, with strikes by Houthis on Saudi Arabia's Riyadh airport. Angela Wilkinson, Secretary General at the World Energy Council spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East and Africa to discuss the pressures on the energy markets.

Read more: Wilkinson: Biggest Global Energy Shock in 40 Years
Bloomberg
Financial

Bahoshy: Saudi VC Deals Fall 35% as Capital Rises

The Middle East and North Africa's venture capital market is moving at two speeds. A report from Magnitt finds mega-rounds have raised $1.5 billion so far this year. But those deals mask a contraction in deal activity across the broader startup ecosystem. Philip Bahoshy, Founder & CEO at Magnitt spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East and Africa about their new report.

Read more: Bahoshy: Saudi VC Deals Fall 35% as Capital Rises
Bloomberg
Financial

Global Debt Toolkit Faces Fresh Test in Senegal

Senegal is using the Group of 20 Common Framework to rework its debt, a fresh test for the global toolkit to help poor nations avoid chaotic defaults. The African nation is aiming to use an improved version of the framework to secure a fair distribution of relief across creditors. Bloomberg's Matthew Hill breaks down the situation.

Read more: Global Debt Toolkit Faces Fresh Test in Senegal
Bloomberg
Financial

McNally: Oil Market Underappreciates Geopolitical Risk

Oil extended declines as traders weigh President Donald Trump's claim of an "energy ceasefire" between Russia and Ukraine. This comes after hostilities escalated across the Middle East, with strikes by Houthis on Saudi Arabia's Riyadh airport. Bob McNally, President and Founder of Rapidan Energy Group and Former White House energy advisor spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East and Africa from Riyadh on the impact of the various geopolitical situations on the oil market.

Read more: McNally: Oil Market Underappreciates Geopolitical Risk