AGP Executive Report
Last update: 10 hours agoG7 Finance Push: G7 ministers meeting in Paris urged a swift reopening of the Strait of Hormuz and warned about “heightened risks” to energy and food supply chains, while also stressing cooperation on critical minerals and global imbalances. Rates Pressure: Long-term U.S. Treasury yields hit the highest since 2007, with 30-year yields topping 5.19% as investors fret about inflation and U.S. debt dynamics—spilling into broader bond-market anxiety. Germany–Ukraine Tax Deal: Ukraine and Germany signed a new double-taxation agreement aimed at curbing tax abuse and tightening rules on dividends, interest and royalties. EV Subsidies Start: Germany’s EV subsidy rollout begins, with China positioned as the likely big winner despite EU tariffs—while households can lease small electrified cars for under €60/month. AI Guardrails at the Fed: Fed Governor Christopher Waller says AI use in central-bank research comes with strict guardrails to protect sensitive policy work. Security Crackdown: Europol dismantled an IRGC-linked online propaganda network across 19 countries, taking down thousands of accounts and posts. Health Alert: Ebola in DR Congo has now reached 131 deaths and 513 suspected cases, with vaccine efforts accelerating.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.