AGP Executive Report
Last update: 12 hours agoAI & Jobs: More than 200 economists and tech leaders urged governments to act now as AI could trigger an “unprecedented transformation” and large-scale job displacement. Markets & Rates: Bank of America’s survey found investor sentiment at its strongest since February, helped by AI-linked spending and hopes for a more dovish Fed. Energy & Inflation: India’s June inflation beat expectations (4.38% y/y) as renewed Strait of Hormuz tensions lift oil risk, while food inflation hit 17-month highs (5.32%) from tomato and ginger spikes. Trade & Growth: China’s exports jumped 27% y/y in June on AI-driven chip demand, while Kazakhstan reported 4.1% growth in H1 with non-oil leading. Cost of Living: Malaysia said rising prices are squeezing low-income households despite higher average income, and UK heatwaves are already costing billions in lost output. Circular Economy: India pushed textile waste upcycling via “Weave the Future 4.0,” and OECD data highlights low plastic recycling rates across South and Southeast Asia. Policy & Industry: Nigeria plans a comprehensive environmental/building regulation framework; Indonesia rolled out mandatory B50 biodiesel to cut diesel imports; and Uttar Pradesh approved startup and data centre policies to attract investment.
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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