AGP Executive Report
Last update: 7 hours agoFed Watch: Kevin Warsh used Jackson Hole to warn inflation is still too high and signaled rates may need to rise again if underlying price pressures don’t clearly cool. Canada Economy: Statistics Canada reported Q2 growth at a 3.3% annualized pace, the fastest since 2023, but economists say fresh U.S. tariff threats could test the rebound. China Credit: China’s finance ministry said S&P’s “A+” stable outlook reflects fiscal resilience and stronger domestic demand, with H1 GDP up 4.7%. Iran Pressure: The U.S. says Hormuz shipping lanes are reopening as Iran’s ability to disrupt tankers weakens, while Washington pushes “Operation Economic Outcast” to intensify economic pressure. Tourism & Cities: Glasgow’s visitor economy hit £2.74bn in 2025, and local chambers urged more devolution funding to close a roughly £7bn annual output gap. Local Growth & Jobs: Northern B.C. is set to open $2.7m in grants for businesses and First Nations groups to diversify and create jobs. Finance & Reform: Nigeria’s recapitalisation debate resurfaced as critics ask what banks’ N4.65tn raised is delivering for the real economy.
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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