AGP Executive Report
Last update: 10 hours agoGulf Shock: The IMF forecasts Gulf economies will shrink 4.8% in 2026 as the Iran war disrupts energy exports, before a projected 9.1% rebound next year. Australia Outlook: Treasurer Jim Chalmers expects weaker growth and slightly higher unemployment in the next budget update; joblessness reached 4.7% in September, while markets are pricing in a possible rate hike. China Growth: GDP expanded 4.6% in the first nine months of 2026, according to preliminary figures. Trade and Investment: Marco Rubio’s India visit advanced discussions on trade, investment and energy cooperation. Separately, Indonesia’s special economic zones attracted Rp46 trillion in investment through September, creating more than 53,000 jobs. South Africa: Treasury cut its 2026 growth forecast to 1.2% from 1.6%; a temporary fuel-levy reduction offers households and businesses some relief.
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.