AGP Executive Report
Last update: 9 hours agoMiddle East Shock to Global Economy: The OECD warns the Iran conflict could drag into 2027, cutting growth to 2.1% in 2026 and 1.8% in 2027 while pushing inflation higher and raising recession risks, especially for Asia reliant on Gulf energy. Oil and Markets Jitters: Oil prices climb again as Gulf tensions flare and peace talks stall; Asian stocks swing with risk-off moves and currency pressure. RBI Rate Call in Focus: India’s RBI MPC begins a three-day meeting, with markets expecting the repo rate to stay at 5.25% as inflation and rupee risks from West Asia stay front and centre. Forex Gold Rumour Debunked: India’s government says RBI did not sell $12 billion of gold; the gold share in reserves has risen. Tech Security: Google rolls out “Fake Call Detection” on Android to flag AI voice-clone spoofing scams. Regional Trade and Connectivity: World Bank backs a $372m Georgia project to strengthen the Trans-Caspian corridor; Sri Lanka moves toward joining RCEP with Australia and New Zealand support. Business and Deals: Tata plans to license a Chery EV platform for its premium Avinya push; Amazon replaces Google Maps in India for quick commerce via Mappls APIs. Energy Transition in Malaysia: Malaysia highlights execution-focused partnerships at Energy Transition Conference 2026.
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.