AGP Executive Report
Last update: 11 hours agoUS Macro: The US economy grew at a sluggish 1.5% in 2Q, with consumer spending holding up while imports weighed on growth and inflation stayed above the Fed’s 2% goal. Middle East Risk: Fresh US-Iran missile strikes ended a brief respite, keeping fuel-price and wider spillover fears on the table. UK Tech Governance: Britain’s AI and digital policy reshuffle after Burnham’s abolition of DSIT puts AI policy in the Prime Minister’s office and moves digital services/cyber under a renamed culture ministry. China AI Push: China’s NDRC says AI is driving fast growth and flags more pilot bases, data sharing, and a long-awaited AI law balancing development and security. China Currency: The offshore yuan hit a 3-year high as Beijing signalled incremental policy support and capital-market resilience. Asia Trade: The Philippines reported a surge in exports—especially semiconductors—while still running a trade deficit; it’s also pushing new FTAs (EU, Canada, updated Japan deal). Global Policy/Trade: Canada’s premiers face pressure to give Ottawa room to negotiate hard with the US as tariff threats loom. South Africa Blue Economy: South Africa links maritime security and port upgrades to Blue Economy jobs, trade resilience, and marine protection. India Courts/Business: An Allahabad High Court ruling says government offices can’t delay business approvals indefinitely, calling unexplained inaction “malice in law.” Malaysia MSMEs: Malaysia says MSMEs grew faster than the overall economy in 2025 and is pushing firms to scale up and export.
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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