AGP Executive Report
Last update: 10 hours agoLabor Market: Türkiye’s unemployment rate slid to a record-low 7.6% in June, with employment rising and youth joblessness easing. Growth Outlook: Philippines economists at UA&P cut Q2 growth to 2.5%, warning stubborn inflation and weak business confidence could slow momentum. SME Confidence: Malta and Gozo SMEs are largely sitting on the sidelines—78% are uncertain or unwilling to invest over the next 12 months. Trade & Policy: Türkiye signaled it will challenge a WTO panel finding on its auto import rules, while also reporting higher economic confidence in July. Middle East Shock: Saudi Arabia’s economy contracted sharply in Q2 as war-related oil disruptions hit the oil sector, while China pledged “incremental” support via faster spending on existing infrastructure. Corporate/Finance: FTC sued Hims & Hers over alleged health data sharing and subscription practices; Fitch affirmed Sri Lanka’s People’s Insurance at ‘A(lka)’. Tech & Work: Indonesia’s gig platforms are accused of dodging commission caps through hidden fees, and India’s industrial production rose 7.3% in June. Energy/Industry: EOS joined a hydrogen materials consortium, and Germany’s Q2 growth edged up 0.2% despite weak domestic spending.
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.