AGP Executive Report
Last update: 10 hours agoUAE Finance: The UAE launches a retail sovereign retail T-sukuk programme, letting residents invest in government-backed sukuk from Dh1,000, aiming to broaden access to lower-risk savings. G7 Trade & Security: G7 leaders push to diversify critical minerals away from China, setting a 2030 cap on any single country’s share of rare earth and magnet imports below 60%, while Japan stresses energy security and stockpiling. India-UK Trade: The India-UK free trade deal is set to take effect July 15 after last-minute steel and sector fixes, with officials projecting a sizable GDP boost. India-US Trade: Modi and Trump direct officials to pursue an interim, “commercially meaningful” trade agreement soon, with USTR Jamieson Greer visiting next week. Monetary/Inflation Watch: Citi cuts its India rate-hike forecast after a US-Iran interim accord eases oil-price pressure; markets also track the Fed and BoE decisions. Pakistan Trade Costs: Pakistan suspends a planned 5% Karachi Port Trust tariff hike, citing relief for importers and exporters. Budget Execution Risk: Nepal’s 2026/27 budget trims capital spending share, raising concerns about weak development delivery. Climate Policy Delay: Malaysia delays its carbon tax rollout to avoid extra burden amid Middle East uncertainty. Digital Economy Debate: A US poll finds voters want local governments cautious on new data centers due to strain on utilities and infrastructure. Regional Cooperation: Angola urges SADC cooperation to tackle illegal fishing via shared maritime monitoring. AI & Growth Limits: Commentary warns AI can’t solve jobs and demand gaps without broader economic support.
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.