Joumanna Bercetche
@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
Pinned
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 )
There are about 4-5 impersonators out there
(I just haven’t been posting as #busywithdayjob )
Reposted by Joumanna Bercetche
The G7 leaders have agreed to a statement on recent developments between Israel and Iran:
June 17, 2025 at 3:36 AM
The G7 leaders have agreed to a statement on recent developments between Israel and Iran:
‼️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
Iran vows crushing response
Oil was +10% now +7% as Iran says oil infra damage is limited
June 13, 2025 at 6:44 AM
‼️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
Iran vows crushing response
Oil was +10% now +7% as Iran says oil infra damage is limited
Who needs White Lotus when there’s Musk POTUS
June 6, 2025 at 2:32 AM
Who needs White Lotus when there’s Musk POTUS
Reposted by Joumanna Bercetche
how it started vs. how it’s going
June 6, 2025 at 2:26 AM
how it started vs. how it’s going
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
June 4, 2025 at 3:14 AM
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
Came with a chainsaw , left with a black eye
- Elon Musk’s political career
- Elon Musk’s political career
May 31, 2025 at 7:49 AM
Came with a chainsaw , left with a black eye
- Elon Musk’s political career
- Elon Musk’s political career
I think he said thank you
May 18, 2025 at 12:45 PM
I think he said thank you
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
On today’s agenda
10am local : GCC leaders family photo
10.15am: GCC plenary session . MBS opens with remarks then Trump speaks again
May 14, 2025 at 6:05 AM
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
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
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.
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.
May 13, 2025 at 4:43 PM
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.
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.
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”
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”
May 13, 2025 at 5:19 PM
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”
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”
US secured $600bn in commitments from Saudi Arabia
* this is the same figure MBS and Trump spoke about in January after their phone call
* this is the same figure MBS and Trump spoke about in January after their phone call
May 13, 2025 at 2:19 PM
US secured $600bn in commitments from Saudi Arabia
* this is the same figure MBS and Trump spoke about in January after their phone call
* this is the same figure MBS and Trump spoke about in January after their phone call
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...
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
May 13, 2025 at 8:15 AM
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...
www.bloomberg.com/news/feature...
Historic greeting
Crown Prince MBS and President Trump’s handshake in Riyadh
No awkward fist bumps today
Crown Prince MBS and President Trump’s handshake in Riyadh
No awkward fist bumps today
May 13, 2025 at 7:18 AM
Historic greeting
Crown Prince MBS and President Trump’s handshake in Riyadh
No awkward fist bumps today
Crown Prince MBS and President Trump’s handshake in Riyadh
No awkward fist bumps today
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
“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
May 13, 2025 at 6:47 AM
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
“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
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
- 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
May 12, 2025 at 5:04 PM
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
- 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
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 - 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
May 12, 2025 at 3:41 PM
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 - www.reuters.com/world/middle...
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
Source: Polymarket
May 12, 2025 at 9:43 AM
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
Source: Polymarket
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.
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.
May 12, 2025 at 7:12 AM
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.
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.
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
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
May 12, 2025 at 4:15 AM
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
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
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
🫠🫠
He responded : هذا يبغى فلوس
Meaning : this guy wants money
🫠🫠
May 11, 2025 at 3:54 PM
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
🫠🫠
He responded : هذا يبغى فلوس
Meaning : this guy wants money
🫠🫠
“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...
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
May 11, 2025 at 7:24 AM
“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...
www.bloomberg.com/news/article...
Reposted by Joumanna Bercetche
Life in Gaza two-and-a-half months into an Israeli blockade: people are killing horses, butchering wild rabbits, boiling weeds and scouring the shore for turtles to get something to eat. Livestock are already dead and most of Gaza's farmland is barren. www.ft.com/content/48dc...
Gaza’s farmers and fishermen eat weeds and turtles as food runs out
Attacks on agriculture exacerbate desperate shortages and enclave’s slide towards famine
www.ft.com
May 11, 2025 at 6:40 AM
Life in Gaza two-and-a-half months into an Israeli blockade: people are killing horses, butchering wild rabbits, boiling weeds and scouring the shore for turtles to get something to eat. Livestock are already dead and most of Gaza's farmland is barren. www.ft.com/content/48dc...
Trump’s Scant UK Deal Shows Limits of Frenzied Trade Strategy
"As the president began revealing specifics of the deal,it became clear it fell short of the full and comprehensive agreement he had promised,or the US-UK free-trade pact he pursued during his first term"
www.bloomberg.com/news/article...
"As the president began revealing specifics of the deal,it became clear it fell short of the full and comprehensive agreement he had promised,or the US-UK free-trade pact he pursued during his first term"
www.bloomberg.com/news/article...
Trump's UK Trade Deal Leaves Key Issues Unresolved
President Donald Trump pitched his trade framework with the UK as a historic achievement, and the first step in his revolutionary effort to overhaul the global economy.
www.bloomberg.com
May 9, 2025 at 2:14 AM
Trump’s Scant UK Deal Shows Limits of Frenzied Trade Strategy
"As the president began revealing specifics of the deal,it became clear it fell short of the full and comprehensive agreement he had promised,or the US-UK free-trade pact he pursued during his first term"
www.bloomberg.com/news/article...
"As the president began revealing specifics of the deal,it became clear it fell short of the full and comprehensive agreement he had promised,or the US-UK free-trade pact he pursued during his first term"
www.bloomberg.com/news/article...
Reposted by Joumanna Bercetche
UK-US deal- So its a deal to have a deal. Seems to include
-streamlining US goods in UK customs
- maximum levels (quotas for duty free access) for some items subject to sectoral tariffs.
-agreement to keep talking
Both countries looking to announce a deal. Terms useful as cues for others
-streamlining US goods in UK customs
- maximum levels (quotas for duty free access) for some items subject to sectoral tariffs.
-agreement to keep talking
Both countries looking to announce a deal. Terms useful as cues for others
May 8, 2025 at 3:26 PM
UK-US deal- So its a deal to have a deal. Seems to include
-streamlining US goods in UK customs
- maximum levels (quotas for duty free access) for some items subject to sectoral tariffs.
-agreement to keep talking
Both countries looking to announce a deal. Terms useful as cues for others
-streamlining US goods in UK customs
- maximum levels (quotas for duty free access) for some items subject to sectoral tariffs.
-agreement to keep talking
Both countries looking to announce a deal. Terms useful as cues for others