AGP Executive Report
Last update: 3 hours agoBRICS Summit (New Delhi): Leaders backed a BRICS grain exchange and said it should expand into other agricultural products to cut food-security risks from price swings and supply disruptions, including fertiliser shortages. Tech & AI Governance: BRICS is positioning itself as a Global South AI rules-maker, with India pushing safe, ethical, human-centred use of emerging tech and a sovereign AI agenda. Startups & Trade: PM Modi urged a cross-border BRICS startup corridor, calling for support to 100 startups annually and a report to identify the top trade barriers inside the bloc. Middle East De-escalation: The bloc agreed on maximum restraint in West Asia and condemned attacks on civilian infrastructure and peaceful nuclear facilities. South Africa Economy & Power: South Africa’s economy contracted 0.2% in Q2, with mining, trade and manufacturing hit, while Treasury said electricity VAT stays despite steep tariff increases. Infrastructure Delivery: A local policy push argues infrastructure demand must become delivery, linking water, power, transport and municipal services to investment outcomes. Marine Shock: The pilchard herpesvirus outbreak is expected to push up prices and worsen pressure on marine life and household budgets. Labour Politics: Cosatu’s congress begins, with leadership moves in focus as unions tackle unemployment, retrenchments and wage protection.
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