Portuguese Finance Minister Joaquim Miranda Sarmento discusses trade negotiations between the European Union and the US ahead of the July 9 deadline. “Tariffs will reduce economic growth both on the US and Europe,” he tells Bloomberg’s Francine Lacqua. “We do expect that at the end it’s possible to have an agreement with very low tariffs,” he adds. Sarmento also talks about airline TAP SA and foreign investment in Portugal.



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Barclays Plc elevated a pair of senior leaders to oversee its growing business in the Middle East in a move that shows the region’s growing clout both on the global financial stage and within the bank.



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Oil prices are lower after OPEC+ agreed to a bigger-than-expected production increase next month, raising concerns about oversupply. This is just as US tariffs fan fears about the demand outlook. Yousef Alshammari, President at London College of Energy Economics spoke to Bloomberg’s Horizons Middle East and Africa anchor Joumanna Bercetche. (Source: Bloomberg)



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