AGP Executive Report
Last update: 10 hours agoConsumer Protection: Philippines’ Sen. Raffy Tulfo blasted the DTI over a “No Return, No Exchange” process that can take up to seven months, with mediation up to a month and adjudication up to six. Housing & Affordability: US millennials face a squeeze as high mortgage rates and elevated home prices limit options and can trap both buyers and sellers. Retail & Spending: UK card and gifts retailer Card Factory lifted revenue 5.3% to £260.8m but warned of an “uncertain” consumer backdrop; digital sales and international growth helped offset weaker high-street trading. Scams & Fraud: Georgia’s AG urged a new consumer protection strategy as FTC data shows Americans lost nearly $16bn to scams in 2025, up 25%. Markets & Rates: Fed governor Lisa Cook said AI demand is “broadening” inflation pressures; Oura delayed its US IPO citing market uncertainty. Business Expansion: Dubai’s Key Mavens signed Lulu Retail as anchor tenant for Le Meryeme–Liwan, targeting Q4 completion. Energy & Food Costs: South Africa’s food inflation stayed low (0.7% in August) while fuel and broader costs keep shaping household budgets. Geopolitics: Myanmar airstrikes hit Rakhine markets, killing 50.
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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