AGP Executive Report
Last update: 10 hours agoNEV Boom in China: New energy vehicles are surging in China, hitting 56.9% of new car sales in May as costs fall and buyers shift toward AI-rich “software-defined” cabins. Prime Day Consumer Mood: Amazon Prime Day pulled in $26.4bn in US spending, up 9.3% year-on-year, with shoppers still hunting discounts despite pinched wallets. World Cup Retail Reality: Some New Jersey businesses near the New York/New Jersey stadium say the tournament hasn’t boosted sales, blaming visitor routing that sends fans straight to Manhattan. Cannabis Crackdown: New Mexico is expanding cannabis enforcement with trained agents targeting the black market after retailers and growers complained enforcement lagged. Pakistan Fuel Levy: Pakistan raised petroleum levies on petrol and high-speed diesel but kept retail prices unchanged for another week. Bangladesh Debt Pressure: Bangladesh’s external debt is $78.22bn, with 62% concessional—leaving policymakers facing a future repayment squeeze as cheaper credit runs thin. Nigeria MSMEs: Nigeria’s MSMEs make up 90% of businesses and support 60m jobs, with government pushing more enterprise-led growth. Crypto Market Watch: Grayscale says bitcoin’s bear market could ease via regulation and stablecoin/tokenization momentum, even as prices remain under pressure.
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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