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joumanna.bsky.social
Bloomberg TV anchor & journalist in Dubai. Reformed banker… once upon a time a central bank nerd. I will post about the Mideast & economics / global markets but mostly here for the bants
298 posts 2,992 followers 198 following
Prolific Poster

Germany's Social Democrats finished third with 16%, the party’s worst result since World War II.

Good read on German elections and how the electoral success of the smaller parties (hovering around 5% threshold) may determine longevity of next government Germany’s mind-bending electoral maths www.economist.com/europe/2025/... from The Economist

After almost 3 years of Russian oil price cap & sanctions, what did we learn? Sanctions affected the destination of the oil not volume. The biggest determinant of Russian crude production is OPEC+ quota via GS

Rubio on sanctions in CNN interview. Not signalling what sanctions relief could look like but concedes Europe needs to be at table due to sanctions etc. Biggest impact of the meeting is return to direct ties/channels between US/Russia and continued talks www.state.gov/secretary-of...

A senior Russian official said after the meeting, which lasted roughly four hours, that no date had been set for President Vladimir Putin and US counterpart Donald Trump to meet. He added that such a summit was unlikely to be next week, which Bloomberg reported was a possibility

BofA: investor cash levels at lowest level since 2010 Risk on baby!

Photo of the day US officials meet Russian officials around Saudi roundtable

European Aero and Defense index at all time high

Trump’s black box of tariffs

As a complete aside I just watched the new Bridget Jones. I have never laughed * or * cried as much in the same movie Loved it

Started the week with @joumanna.bsky.social talking Russia-US talks and negotiations ahead. Hard to see Trump admin following through on tough sanctions enforcement in near-term they have been threatening when Trump is publicly more aligned with Putin view. www.bloomberg.com/news/videos/...

NEW: Hamas indicated a willingness to stop governing Gaza after the war with Israel, an overture timed for US-led efforts to extend the initial ceasefire and agree terms for a permanent end to hostilities +Our interview with Burcu Ozcelik earlier on the show www.bloomberg.com/news/article...

Second derivative shade Macron only invited 7 nations to his summit to chart a response to being sidelined by the US on Ukraine (The other sidelined European nations are 2x sidelined) www.bloomberg.com/news/article...

Mideast diplomacy: Zelensky is in the UAE today and will be in Saudi Arabia on Wednesday (AFP)

European defense stocks surge

Next questions for Europe, if the continent chooses to borrow more for defense purposes - in what format? National or Joint? - does that crowd out borrowing on other spending (tech , digitisation, energy, infrastructure…) At a time when national budgets are already constrained

Just a shocking shocking statistic (courtesy of Draghi’s op-ed in the FT): Forget the US, Europe has successfully put barriers on itself “The IMF estimates that Europe’s internal barriers are equivalent to a tariff of 45 %for manufacturing and 110 % for services” giftarticle.ft.com/giftarticle/...

So do we think US’s strategy of locking Europe out of Ukraine talks is going to be successful?

@joumanna.bsky.social with the quad venti CEO interview. $SBUX

Yay it’s reciprocal tariffs day! - No one

In 2019, the first full year after Trump’s initial steel and aluminum tariffs went into effect, the US actually lost manufacturing jobs and the broader factory sector entered a slump with industrial production falling. - BBG

Jordan's King Abdallah meets with President Trump today Jordan houses more Palestinian refugees than any other nation (historically always been the case going all the way back to 1948)

Bahrain !

(Bloomberg): President said Israel should call off its ceasefire deal with Hamas if hostages aren’t returned this weekend “If all the hostages aren’t returned by Saturday 12 o’clock — I think it’s an appropriate time — I would say cancel it and all bets are off and let hell break out,” Trump said.

Makes sense makes sense Via FT

The only good thing about today was rattling American viewers by saying AluminIUM Aluminium for the win

BREAKING: Hamas indefinitely postpone the release of further hostages

Trump 1.0: America first Trump 2.0: America everywhere

One man's misfortune is another man's opportunity HSI Tech +17% this year (chinese tech) vs Nvidia -3%

Another Monday morning tariff headline - this time Trump floats 25% on all steel and aluminium imports via FT

I have found irregularities in the coffee machine this morning

One of the most impactful charts I saw this week

In a Fox interview, Israeli PM says Trump is the greatest friend Israel ever had Same week Trump shocks the world with plans to take ownership of Gaza and resettle Palestinians into neighbouring countries. Also sanctions the ICC over the arrest warrant issued back in Nov for Netanyahu

The lira will continue to strengthen in inflation-adjusted terms and open longer-term investment opportunities, said Turkey’s finance minister Mehmet Simsek. “You could bank on real exchange-rate appreciation lasting as long as the program delivers.” @joumanna.bsky.social Beril Akman, Ugur Yilmaz

Good evening from Istanbul! 🇹🇷 Tomorrow I sit down with Turkish Finance Minister Mehmet Simsek at 11am local time (8am London) for a 25 min conversation about the economy and the outlook for 2025. Part of our Bloomberg Future of Finance Istanbul forum LIVE <GO>on the terminal

Aaaand obviously a one month delay now with Mexico tariffs … Captain it’s only Monday.

Don’t take Trump literally… take him seriously

Oil… US imports about 4mbd of oil from Canada JPM , GS says Canadian oil producers will absorb most of the tariff impact

Tariffs: You can run but you can't hide

Canada ships about 4 million barrels a day to the US. Mexico sends 500kbd Unclear if there will be oil carveouts for these Feb1 Canada/ Mexico tariffs Trump has touted Brent +0.8%

Trump blames the military helicopter for the crash

Our show today

Good thread on the drawbacks of scaling up too quickly

It wrote itself

My full interview with Iraqi President on the outlook for the region, Iran’s influence in Iraq, threat of ISIS and Syria t.co/Q8U1ENbWAO

My full interview with Saudi Finance Minister Mohammed al Jedaan on Saudi - US relations, funding and Aramco stake www.bloomberg.com/news/videos/...

My full interview with Aramco CEO Amin Nasser this week on Trump, oil outlook, sanctions and the dividend www.bloomberg.com/news/videos/...