AGP Executive Report
Last update: 2 hours agoRussia-Iran Ties: Russian Foreign Minister Sergey Lavrov is due in Tehran for talks on trade, investment and joint energy, transport and logistics projects. Jobs Crisis: The World Bank warns the global economy could fall about 800 million jobs short over the next 10 to 15 years, as 1.2 billion young people enter the workforce and only 400 million jobs are expected. UK-EU Security: Home Secretary Shabana Mahmood meets EU officials to discuss migration, counterterrorism and restoring UK access to some law-enforcement and migration databases lost after Brexit. Global Economy: The IMF projects 3.1% growth in 2026 but warns that risks persist, including high debt and pressure from energy prices. Brent crude briefly topped $110 amid supply fears, while Washington paused some Russia sanctions to assess their economic impact. Development Finance: The World Bank and Islamic Development Bank renewed their partnership through 2028 and agreed to streamline joint financing, building on more than $9.5 billion in funding mobilized since 2023.
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