AGP Executive Report
Last update: 7 hours agoUS Labor Market: The U.S. economy shed 23,000 jobs in July, missing expectations, with unemployment slipping to 4.1% as fewer people looked for work—while wages rose only 3.2% year over year, keeping pressure on household budgets. Canada-U.S. Trade: Canada and the U.S. are reportedly discussing a deal to swap concessions—on autos, dairy quota interpretation, and alcohol access—for the U.S. dropping threats of new tariffs starting Aug. 19; Prime Minister Carney called the talks “unpleasant” after Trump’s criticism. Philippines Growth: The Philippines’ Q2 growth slowed to 2.3% as Middle East war fallout hit inflation, fuel prices, jobs, and remittances; Malacañang says the slowdown is temporary and expects pickup in the second half. Energy Access in Nigeria: Nigeria’s power ministry will measure electrification by communities and people connected, not megawatts, as it pushes rural electrification through the Rural Electrification Agency. Government Finance Markets: Tanzania launched its first sovereign yield curve to improve transparency in government securities pricing and attract investors. Trade & Policy in BRICS: India wrapped up BRICS trade talks in Jaipur, focusing on WTO-centered reform, trade finance access for MSMEs, and resilient supply chains.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.