AGP Executive Report
Last update: 6 hours agoMalaysia Growth Beat: Malaysia’s economy expanded 5.4% y/y in Q1, slightly above forecasts, as household spending and exports held up despite Middle East shocks. US–China Summit: Trump says he struck “fantastic trade deals” with Xi as talks wrap in Beijing, with Taiwan warnings still hanging over the trade truce and any longer-term deal. Middle East Shock Spillovers: Morocco is adding $2bn to its 2026 budget to cushion imported-inflation pressure and keep key prices stable amid the conflict. Lebanon Cost-of-War: In Lebanon, businesses face “everything is expensive” as the Iran-linked Strait of Hormuz closure and strikes deepen an already fragile economy. Pakistan Farm Crisis: Pakistan’s farm sector is taking a hit from the US-Iran war via fuel and fertilizer shortages and higher input costs, worsening food and inflation pressures. Bolivia Protests: Bolivia’s general strike intensifies in La Paz with highways blocked and clashes as protesters demand President Rodrigo Paz’s resignation. UK Political Fallout: Britain’s Labour government faces deeper turmoil after Health Secretary Wes Streeting resigned, raising the odds of a leadership fight. Local Enforcement: Caloocan City (Philippines) moves to curb illicit tobacco trade, targeting products without required stamps and warnings.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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