AGP Executive Report
Last update: 9 hours agoTrade: Canada and the UAE signed a free trade agreement that will cut or eliminate tariffs on more than 99% of current Canadian exports once it takes effect in 2027; the deal builds on a UAE pledge to invest C$70 billion in Canada. Interest Rates: The Federal Reserve held its benchmark rate at 3.75%–4%, but two officials dissented in favor of a hike. Mortgage rates remain high: the average 30-year loan stood at 7.32%, while homebuilder confidence hit a 14-year low. Pakistan: The central bank chief says growth recovered to 3.7% in fiscal 2026, with the current-account deficit expected to stay below 1% of GDP, though inflation has ticked up. Iran: War and inflation are squeezing household budgets, with families cutting spending on food, housing and education. Treasury Secretary Scott Bessent says U.S. sanctions have sharply weakened Iran’s economy, a claim Tehran disputes. Digital Economy: Kazakhstan’s president is pressing for wider AI adoption across industry, agriculture and mining, while warning that technology investment must deliver practical economic gains.
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.
Perspectify News
