Glencore to Sell $2.5 Billion Agriculture Unit Stake

The video discusses Glencore's efforts to restructure its debt by selling assets, raising $2.5 billion. The market reacted negatively due to lower-than-expected valuations. Glencore faces challenges with low coal and copper prices, exacerbated by a bearish global economic outlook. Despite having enough cash for the near future, Glencore's reliance on coal and copper poses risks, especially with climate change pressures.

What was the market's expectation regarding the percentage of stake Glencore would sell?

What impact does the global economic outlook have on Glencore's performance?