US Treasury Secretary, Scott Bessent, is urging the Federal Reserve to cut interest rates by 150-basis points or more. Also on the show: Trump is warning Russia will face consequences if Vladimir Putin does not agree to a ceasefire with Ukraine in the coming days; Tencent shares gain in Hong Kong after the Chinese internet giant beat estimates in all reporting segments; the US is cracking down on illegal mining trade in eastern Congo; South Africa is pushing back against a report published by the Trump administration saying human-rights situation significantly worsened last year; Istanbul's Mayor, Ekrem Imamoglu, is open to endorsing another candidate if he is unable to run in Turkey's next presidential election. Guests include: Mahjabeen Zaman, ANZ, Head of FX Research; Jaber Al Noumani,
Bessent Fuels Rate Cut Bets; Trump Warns Putin | Horizons Middle East & Africa 8/14/2025

97