Japan Snap Election; GOP Fed Backlash; Trump's Iran Tariff | Horizons Middle East & Africa 1/13/2025

Japanese stocks jump while the yen weakens to a July 2024 low after Kyodo News reports that the prime minister intends to call a snap election. The Trump administration's Fed probe triggers a backlash in Washington, with key Republicans voicing their concerns. And President Trump vows new tariffs on countries doing business with Iran, effective immediately. Guests include: Alexandre Tavazzi, Pictet Wealth Management, Head of CIO Office and Macro Research; William Roebuck, Arab Gulf States Institute, Executive Vice President; Former US Ambassador to Bahrain; and Daan Struyven, Goldman Sachs, Co-Head of Global Commodities Research & Head of Oil Research. (Source: Bloomberg)