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Joumanna Bercetche

@joumanna.bsky.social

4.7K followers 220 following 570 posts

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

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Joumanna Bercetche @joumanna.bsky.social · Dec 10

I am the real me

There are about 4-5 impersonators out there

(I just haven’t been posting as #busywithdayjob )

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Reposted by Joumanna Bercetche

David Gura @davidgura.bsky.social · Jun 17

The G7 leaders have agreed to a statement on recent developments between Israel and Iran:

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Joumanna Bercetche @joumanna.bsky.social · Jun 13

‼️Major Mideast Escalation as Israel strikes Iranian nuclear facilities,takes out 2 senior Iranian commanders (head of IRGC & chief of staff of armed forces),warns more strikes will come

Iran vows crushing response

Oil was +10% now +7% as Iran says oil infra damage is limited

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Joumanna Bercetche @joumanna.bsky.social · Jun 6

Who needs White Lotus when there’s Musk POTUS

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Reposted by Joumanna Bercetche

David Gura @davidgura.bsky.social · Jun 6

how it started vs. how it’s going

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Joumanna Bercetche @joumanna.bsky.social · Jun 4

Betting against S&P 500 futures every time Trump escalated trade rhetoric and buying them five days later would have yielded 12% since the beginning of February- Nomura strategist Charlie McElligott

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Joumanna Bercetche @joumanna.bsky.social · May 31

Came with a chainsaw , left with a black eye
- Elon Musk’s political career

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Joumanna Bercetche @joumanna.bsky.social · May 18

I think he said thank you

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Joumanna Bercetche @joumanna.bsky.social · May 14

Good morning. Back for Day 2 in Riyadh!

On today’s agenda
10am local : GCC leaders family photo
10.15am: GCC plenary session . MBS opens with remarks then Trump speaks again

Reposted by Joumanna Bercetche

Ryan Bohl @ryanbohl.bsky.social · May 13

Notably, Trump didn't demand Syria normalize with Israel to get out from under sanctions.

That would be an impossible task at the moment, but it was something that might have been expected, given how Trump managed the lifting of Sudanese sanctions in 2020 during the Abraham Accords.

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Joumanna Bercetche @joumanna.bsky.social · May 13

Everyone thought this trip was going to be mainly a dealmaking trip
Trump just delivered a hugely significant geopolitical speech that has very clearly outlined this administration’s goals and hopes in the region.

“The birth of a new Mideast”

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Joumanna Bercetche @joumanna.bsky.social · May 13

US secured $600bn in commitments from Saudi Arabia
* this is the same figure MBS and Trump spoke about in January after their phone call

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Joumanna Bercetche @joumanna.bsky.social · May 13

Trump wants a trillion-dollar show of friendship from Saudi Arabia — but MBS’s massive spending spree at home makes that difficult

www.bloomberg.com/news/feature...

Trump Faces $2 Trillion Hurdle to Win Money From Saudi Prince

US President Donald Trump’s hopes of securing as much as $1 trillion in investment commitments from Saudi Arabia might clash with another costly ambition - transforming the kingdom’s own economy.

www.bloomberg.com

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Joumanna Bercetche @joumanna.bsky.social · May 13

Historic greeting
Crown Prince MBS and President Trump’s handshake in Riyadh

No awkward fist bumps today

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Joumanna Bercetche @joumanna.bsky.social · May 13

Bessent in Riyadh,fresh from Geneva

“new mechanism with China will avoid new escalation. We have a very good framework. Both sides agreed we don’t want generalized decoupling between the 2 largest econs in the world. US will decouple in strategic industries”

#SaudiUSForum2025

Joumanna Bercetche @joumanna.bsky.social · May 13

Live-streamed here

www.youtube.com/live/PSsdgle...

Saudi–U.S. Investment Forum 2025 | Live from Riyadh

YouTube video by INVEST SAUDI

www.youtube.com

Joumanna Bercetche @joumanna.bsky.social · May 13

Saudi US Business forum today

850AM: Scott Bessent, Saudi FinMin
910AM: Larry Fink
950AM: David Sacks on crypto
1050AM: Howard Lutnick
240PM: Nvidia's Jensen Huang
340PM: Saudi Energy Min ABS
505PM: LEADERSHIP ADDRESS FROM MBS & TRUMP
540PM: ELON MUSK
600PM: Andy Jassy

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Joumanna Bercetche @joumanna.bsky.social · May 12

- Hamas frees American Israeli hostage after direct talks with the US
- after 40years, Turkish militant group has announced it’s disbanding and disarming
- Saudi launch AI investment firm called HUMAIN ahead of Trump’s visit

And stocks on fire , SPX +3% , Nasdaq +4%

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Joumanna Bercetche @joumanna.bsky.social · May 12

How is it only Monday? Today’s news
- US China major trade breakthrough
- India Pakistan truce
- Zelenskyy in Turkey on Thursday for truce talks. Will Putin join?
- Trump gets offered a jet as a gift / loan by Qatari royal family
- Trump signs Exec Order to lower pharma prices

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Joumanna Bercetche @joumanna.bsky.social · May 12

A big win for Trump - also note this was negotiated directly with Hamas officials sidelining Israeli gov

Hamas says it released Israeli-American hostage Edan Alexander - www.reuters.com/world/middle...

Hamas says it released Israeli-American hostage Edan Alexander

Hamas has released Israeli-American hostage Edan Alexander on Monday, the group said, paving the way for a possible return to ceasefire talks for the war-torn enclave.

www.reuters.com

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Joumanna Bercetche @joumanna.bsky.social · May 12

US odds of a recession have dropped from 65% to 44% (and will likely edge even lower after today's US China news). Data is with 24h lag

Source: Polymarket

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Joumanna Bercetche @joumanna.bsky.social · May 12

BREAKING

The US is cutting levies on Chinese goods to 30% from 145% for 90 days.

China is lowering its levies on US goods to 10% from 125% for the same time period.

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Joumanna Bercetche @joumanna.bsky.social · May 12

Good morning ! صباح الخير!
‎Live in Riyadh today and tracking Trump’s visit through the GCC all week

‎Today talking through what’s on the agenda : diplomacy, deals and a controversial (potential) Qatari Boeing gift

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Joumanna Bercetche @joumanna.bsky.social · May 11

I asked the Saudi taxi driver what he thinks of President Trump’s visit this week

He responded : هذا يبغى فلوس

Meaning : this guy wants money

🫠🫠

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Joumanna Bercetche @joumanna.bsky.social · May 11

A post on Saudi’s finances below

www.linkedin.com/posts/jouman...

Saudi Arabia: finances and Aramco earnings On my way to Riyadh for a… | Joumanna Bercetche

Saudi Arabia: finances and Aramco earnings On my way to Riyadh for a pivotal week in the region as Trump makes his way here. Two developments in Saudi Arabia’s economy to note: - Aramco earnings ...

www.linkedin.com

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Joumanna Bercetche @joumanna.bsky.social · May 11

“A very good meeting today with China, in Switzerland,” Trump said in a post on Truth Social. “Many things discussed, much agreed to. A total reset negotiated in a friendly, but constructive, manner.“
www.bloomberg.com/news/article...

Trump Hails Progress After First Day of US-China Trade Talks

Senior US and Chinese negotiators spent hours behind closed doors in Switzerland on Saturday as they held high-stakes talks that offer the clearest opportunity yet for the two countries to de-escalate...

www.bloomberg.com

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