AGP Executive Report
Last update: 10 hours agoIsrael War Shock: Israel’s economy shrank at a 3.3% annualized rate in Q1 2026 as the Iran conflict hit output, with consumer spending down 4.7% and exports down 3.7%, though fixed-asset investment rose 12.6%. Trade Diplomacy: China and the US agreed to set up trade and investment councils, aiming to cut tariffs and tackle non-tariff barriers, including steps on dairy, aquatic products, beef facilities, and poultry access. Fuel Watch: Taiwan’s state-linked fuel firms kept gasoline and diesel prices unchanged for a seventh week despite higher crude, while India raised CNG prices in Delhi NCR again, adding pressure to transport costs. Wealth Gap: India’s richest 1% now captures 40% of national income—double the share since 1990—highlighting widening inequality. Local Growth vs Costs: Slovenia’s SMEs face labour shortages and rising costs as they’re pushed toward green and digital upgrades. Energy & Industry: Oman is leaning harder into hydrogen and renewables while oil and gas still fund most of the state budget.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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