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AGP Executive Report

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North America Trade: The US declined to renew USMCA in its current form, citing trade deficits with Canada and Mexico and triggering an annual review that keeps the pact active while talks continue toward a revised deal. Inflation Watch: South Korea’s June inflation rose to 3.2% year-on-year, with fuel costs and a weaker won keeping pressure on the Bank of Korea; Turkey’s June inflation eased to about 32.1% but housing and education costs stayed hot. Food Prices: India’s monsoon shortfall is expected to lift food inflation to around 6% in FY27, with CPI projected near 5% as rainfall deficits hit crops. Business & Investment Policy: Kazakhstan’s Prosecutor General’s office launched an expert council on investor protection, aiming to strengthen trust between state and business; Zambia is nearing the final stage of an OECD investment policy review to attract jobs and manufacturing investment. Corporate Moves: Hormel agreed to sell its Brazil Ceratti business to Zanchetta Alimentos; Cooke agreed to buy Mowi’s eastern Canada salmon-farming operations for US$158.1m. Tech & Skills: NIIT launched an Enterprise Tech business integrating StackRoute and RPS Consulting to build AI and digital talent for enterprises. Local Growth: Papua New Guinea and Fiji formed a business council focused on small-business market access and jobs. Sports Business: Jaylen Brown said he’s “still processing” his shock trade from the Celtics to the 76ers, underscoring how quickly big-league deals reshape business narratives and fan economics.

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.

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