AGP Executive Report
Last update: an hour agoSaudi Economy Resilience: The IMF says Saudi Arabia is holding up despite Middle East war shocks, helped by rerouting oil via the East-West pipeline and Red Sea ports, though momentum is disrupted and non-oil activity is weighed down. US Inflation Pressure: New data shows the U.S. services sector’s costs jumped again, with operating expenses rising and inflation risks creeping back into everyday spending. AI “Chipflation”: Morgan Stanley warns soaring memory chip prices from AI demand could spread into broader margins, cloud costs, and producer prices. Canada Outlook: After a technical recession, the OECD expects growth to strengthen through 2026-27 as consumption, defense/infrastructure spending, and energy exports support recovery. India Finance & Real Estate: Kotak Alts closes a $1b real estate fund; SBI’s chief flags a stabilizing growth path if RBI holds rates. Policy & Industry: U.S. businesses back bipartisan EPA legislation to authorize the Safer Choice program; India’s rail sector gets a major railcar leasing JV; and New Mexico seeks developers for affordable housing on state land. Circular Economy Push: Navi Mumbai moves to manage and reuse POP idols as part of a wider recycle-hub plan.
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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