AGP Executive Report
Last update: 5 hours agoNational Invoicing System: Jordan’s tax chief said the National Electronic Invoicing System is designed to support the wider economy—improving transaction documentation and data accuracy—not just tax collection. Oil & Middle East Risk: Oil prices climbed as U.S.-Iran deal hopes faded and attacks in key straits raised supply-disruption fears, even as U.S. crude inventories rose. China Economic Legacy: Reuters marked the death of Zhu Rongji, the reform-era premier known for blunt warnings about debt, bad lending and corruption. Energy for the AI Economy: Rubicon Professional Services said it has surpassed 1 GW of installed battery storage capacity, aimed at boosting resilience for data centers and critical infrastructure. UK Tax Compliance Push: HMRC reported 436,000 of 864,000 affected sole traders/landlords met the first Making Tax Digital income-tax update deadline, with automatic sign-ups planned from September. South Africa Recovery Signals: South Africa’s PayInc index rose in July as fuel prices fell, though unemployment remains high. U.S. Travel Policy: The U.S. Travel Association warned the visa bond program could expand beyond current countries, hurting the travel industry and broader economy. Circular Economy Tech: A Scotland trial tested digital product passports in real remanufacturing to improve repair, reuse and recycling transparency.
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