AGP Executive Report
Last update: 10 hours agoMiddle East Energy: Turkey and Iraq are moving toward a 12-month extension of the Iraq–Turkey crude pipeline deal to keep oil flowing to Ceyhan and avoid a July 27 expiry, a key lifeline as regional disruptions keep reshaping trade routes. Gulf Business Friction: Saudi banks have reportedly delayed or blocked payments to UAE accounts since mid-May amid political tensions, raising new risks for cross-border commerce. Central Asia Growth Watch: Kyrgyzstan is forecast to stay the fastest-growing in Central Asia, with GDP projected to rise 10.2% in 2026, while inflation is expected to run high at 11.5% and policy rates likely hold near 12%. US Housing & Rates: Fed minutes show officials split on whether inflation will cool after the Iran war winds down, while US home prices hit an all-time high, worsening affordability. Tax Pressure on SMEs: Australia’s tax watchdog warns the ATO may struggle to recover much of its small-business debt, with arrears rising sharply. AI & Big Tech: Apple sued OpenAI over alleged trade-secret theft tied to building its own ChatGPT hardware. Property Affordability Debate: Malta’s home prices keep climbing, but critics warn growth metrics ignore who can actually buy and live comfortably. SME Support: Texas flood-affected small firms can still apply for zero-interest disaster recovery loans as remaining funds run low.
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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