AGP Executive Report
Last update: 8 hours agoColombia-Israel Reset: Incoming president Abelardo de la Espriella plans to reverse Gustavo Petro’s Israel policy, restoring full diplomatic and economic ties, exchanging ambassadors, lifting visas, pursuing a Colombian embassy in Jerusalem, and withdrawing from the ICJ genocide case—while prioritizing security cooperation using Israeli military tech, drones, and AI to help tackle narcotics trafficking and armed groups. Markets & Rates: JPMorgan Private Bank says the S&P 500 could rise more than 10% to about 8,200 by mid-2027 despite “inflation shocks,” arguing growth and AI demand remain resilient. Brazil Tech Infrastructure: TikTok/ByteDance is building a massive data center in Ceará (Pecém), a BRL 200bn-plus bet that starts operations in 2027 and leans on Brazil’s renewable-heavy power mix. Venezuela Housing Rules: Parliament approved a new rental law adding mediation and capping security deposits at three months, aiming to rebalance landlord-tenant contracts. Credit Watch: Fitch says emerging-market sovereign ratings have held up through the US-Iran war, but buffers are thinning as Hormuz risks linger and outlooks shift to “deteriorating.” Energy Risk: Strait of Hormuz tensions drove oil prices up 24% in July, with Brent and WTI both climbing on shipping disruption fears. Local Finance: Jamaica’s JSE suspended Portland JSX shares after audited accounts were 91 days overdue, highlighting ongoing capital-market stress.
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.