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Kennerly: Ultra Wealthy See Long-Term Mideast Gains

Despite heightened uncertainty across the region, a new report from Savills finds that Abu Dhabi and Dubai continue to rank among the world's leading wealth destinations. The report evaluates more than 100 global locations on how well-placed they are to attract the next generation of wealth. Rachael Kennerley, Director of Research at Savills Middle East spoke to Bloomberg's Abeer Abu Omar on Horizons Middle East & Africa.

Read more: Kennerly: Ultra Wealthy See Long-Term Mideast Gains
Bloomberg
Financial

MCB CEO: Growth Fueled by Current Oil Market Demand

Mauritius Commercial Bank reported an increase in net interest income for the full year that's as geopolitical tensions are driving up oil & gas prices. Jennifer Zabasajja, Bloomberg's Chief Africa Correspondent spoke to Thierry Hebraud, CEO of Mauritius Commercial Bank on the earnings and the formation of the new Africa Credit Ratings agency.

Read more: MCB CEO: Growth Fueled by Current Oil Market Demand
Bloomberg
Financial

EU Takes Harder Line on China's Trade Gap

The European Union is taking a more assertive approach to China as the bloc's trade chief, Maros Sefcovic, heads into two days of negotiations in Beijing. The EU is preparing safeguards to limit imports of Chinese hybrid cars after their sales surged in Europe, which may be seen as an escalation. Bloomberg's Minmin Low and Oliver Crook break down the situation.

Read more: EU Takes Harder Line on China's Trade Gap
Bloomberg
Financial

EU Striking Harder Line on China's Trade Gap

The European Union is striking a more assertive approach to China as the bloc's trade chief, Maros Sefcovic, heads into two days of negotiations in Beijing. The EU is preparing safeguards to limit imports of Chinese hybrid cars after their sales surged in Europe, which may be seen as an escalation. Bloomberg's Minmin Low and Oliver Crook break down the situation.

Read more: EU Striking Harder Line on China's Trade Gap
Bloomberg
Financial

What to Know About Suspected Plague Case in Siberia

Plague is one of history's most feared diseases, responsible for pandemics that killed tens of millions of people. Today, human cases are rare and can usually be treated with antibiotics. A suspected case of pneumonic plague in Siberia has renewed attention on the disease after a young worker at a Russian institute that studies plague and other dangerous infections died of severe pneumonia. Russian authorities told the World Health Organization that no case of plague has been recorded in the region. Still, the circumstances of the woman's death and the precautions taken afterward have prompted international scrutiny, with the WHO seeking more information from Russia. We speak with Dr. Amesh Aldaja, Senior Scholar at the Johns Hopkins Center for Health Security.

Read more: What to Know About Suspected Plague Case in Siberia
Bloomberg
Financial

Saudi-Led Forces Claim Ground Advances Against Houthis in Yemen

Yemen's internationally-recognized government, backed by Saudi Arabia, claimed to have regained territory from the Houthis, as fighting in the region near the Bab el-Mandeb strait intensifies. The Yemeni armed forces said they took control of the Red Sea city of Mokha on Monday after battles with the Iran-backed Houthis, according to Saba, a Yemeni news agency. Overnight, the Houthis said the Saudi Arabian military had launched around 60 airstrikes on parts of Yemen, including the capital, Sanaa. The Houthis said they responded by firing missiles and drones at the kingdom, and targeted the main airport in Riyadh. For a closer look, we speak with Jennifer Welch, Chief Geoeconomics Analyst for Bloomberg Economics.

Read more: Saudi-Led Forces Claim Ground Advances Against Houthis in Yemen