AGP Executive Report
Last update: 10 hours agoG20 Trade Talks: G20 trade ministers met in Milwaukee as the US tariff fight and forced-labor rules hang over negotiations, with countries pressing for a rules-based system and WTO dispute settlement. US Trade Law Challenge: The US Court of International Trade will hear a challenge to Trump’s forced-labor tariffs, arguing they exceed presidential authority. Ukraine War Costs: Ukraine’s economy is losing about $45m per hour when air-raid alerts shut businesses, pushing a two-tier warning system to limit disruption. EU Energy Bill: The EU says it paid over €100bn more for imported oil and gas this year due to global price spikes, accelerating a shift to domestic power and grid upgrades. Middle East Risk Premium: Policy uncertainty eased in South Africa’s PUI, but Middle East instability and oil prices keep uncertainty elevated. Forecasts & Growth: Slovakia’s finance ministry lifted 2027 growth to 1.8% and expects inflation to cool; Switzerland’s KOF raised 2026 growth to 1.9%. Trade & Investment Deals: Qatar and Saudi Arabia reviewed ways to deepen ties as bilateral trade hit ~$1.98bn in 2025; Oman and Uzbekistan discussed industrial projects and a preferential trade agreement. Monetary Policy Watch: Bangladesh Bank held its repo rate at 9.5% in its first quarterly statement, but warned transmission to credit and the real economy remains weak. Turkey Scandal: Turkey froze assets tied to a former minister after a fund “Ponzi-like” collapse.
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.
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