AGP Executive Report
Last update: 3 hours agoTrade Policy: Trump and Congress are headed for a clash over tariffs, which critics say raise prices; efforts to curb presidential powers could trigger divisions in both parties. U.S. Economy: October payrolls rose by 165,000, beating expectations, but economists caution that one strong report does not establish a trend. Inflation, housing and jobs data are in focus this week. India: NSE chief Ashishkumar Chauhan expects faster growth, citing strong fundamentals, rising domestic savings and renewed foreign investor interest. Kenya: The World Bank estimates corruption costs the country about 370 billion shillings a year—roughly 2% of GDP—through lost revenue, wasteful spending and higher borrowing costs. Ethiopia: A major revision to national accounts puts the country among Africa’s five largest economies, but the higher GDP estimate reflects changed measurement, not a sudden surge in output. War and Trade: Türkiye’s finance minister warns the Middle East conflict has driven a major energy supply shock, slowing global growth and tightening financial conditions.
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