Day: October 1, 2026

France has seen students protesting across the country as anger over allegedly poor school conditions spilled onto the streets. Hundreds have been detained too. Students are angry over timetables, class sizes and teachers’ shortages. Anger shared by other unions who also complain about the budget set to be presented by the national government later this week. DW’s Gerhard Elfers speaks to journalist Catherine Field about what’s behind this anger and if the government has a solution.

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Oil holds its gains as traders weigh the recovery in Middle East crude flows. Hormuz shipments approach late-June highs, while President Donald Trump says oil flows through the strait have returned to historic levels. UAE Energy Minister Suhail Al Mazrouei says the country sees demand for its additional oil supply, while Iraq offers discounts on crude.
Iranian Foreign Minister Abbas Araghchi presents a US proposal to Iran’s president as diplomatic efforts continue. Qatar is also seeking common ground between Washington and Tehran.
Asian bonds follow Treasuries lower and stocks decline, while US consumer spending posts its biggest increase in a year. Trump calls for Federal Reserve Chair Jerome Powell to resign over the Fed’s renovation project.
Asian chip stocks rise after Micron delivers a bullish forecast, projecting first-quarter adjusted revenue of $60 billion to $63 billion, above estimates, while warning that employee pay increases will weigh on margins.
Saudi Arabia raises its 2026 budget deficit forecast to 4.9%, while Singapore’s Temasek expands its presence in the Middle East. Kenyan inflation reaches a 32-month high in September.
Ethiopia plans to withdraw more than 3,000 troops from Somalia in the coming days or weeks as it focuses on fighting rebels at home, while Somalia continues battling Al-Qaeda-linked insurgents.
A Flydubai flight makes an emergency landing in Tabuk, Saudi Arabia, following a cockpit incident that is under investigation, with passengers and crew helping avert a potential disaster.
Ben Affleck tells Bloomberg’s Screen Time that AI won’t take over Hollywood. Netflix’s co-CEO discusses sustaining growth, saying the company isn’t growing as fast as he wants, while highlighting the engagement generated by live events and Netflix’s approach to acquisitions. Guests includes Nick Stadtmiller, Emirates NBD Chief Economist & Research Group Head and Victoria Mitchell, Control Risks Senior Analyst, Maritime.

Horizons Middle East & Africa is your daily spotlight on one of the world’s fastest-growing regions. Live from Dubai, we bring you the latest global markets and analysis, plus news-making interviews, with a special focus on MEA. All that and more, as you head to the office in the Gulf, pause for lunch in Hong Kong, or start your day in London or Johannesburg.

Chapters:
00:00:00 – Introduction
00:04:22 – FlyDubai Incident Under Investigation
00:08:12 – Nick Stadtmiller, Emirates NBD Chief Economist & Research Group Head
00:14:22 – Micron Gives Bullish Forecast
00:18:55 – Ethiopia Plans Somalia Troop Withdrawal
00:27:25 – Victoria Mitchell, Control Risks Senior Analyst, Maritime
00:35:14 – Temasek Expands in the Middle East
00:40:00 – Netflix Co-CEO Ted Sarandos on Sustaining Growth
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A passenger who intervened to stop the attack recounts the incident during the flight to Israel. Shota Musayev, a doctor and eyewitness, told The Associated Press that the pilot was already stabbing another pilot when they intervened.

#israel #plane #news

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