AGP Executive Report
Last update: 6 hours agoMalaysia Growth Beat: Malaysia’s Q1 GDP rose 5.4% year-on-year, edging past forecasts as household spending, steady investment, and export growth helped absorb Middle East shock spillovers; Bank Negara kept rates at 2.75% and nudged its 2026 outlook to 4%-5%. Middle East Shock Budgeting: Morocco is adding $2bn (20bn dirhams) to its 2026 budget for subsidies and reserves to blunt imported-inflation pain from the conflict. War Strains Lebanon: Lebanon’s economy is taking another hit as job losses and price gouging worsen amid ongoing fighting. Local Friction in Tech Buildout: In Arkansas, residents are pushing back on proposed data centers over water, power, and cost impacts. Protests Turn Economic: Bolivia’s general strike and clashes in La Paz intensify as miners and rural unions demand President Rodrigo Paz’s exit. Fed Leadership Shift: US Fed Governor Stephen Miran submitted his resignation as Kevin Warsh moves toward the chair role, with markets watching what comes next.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.