AGP Executive Report
Last update: 12 hours agoPhilippines Impeachment Probe: House prosecutors are reviewing whether Vice President Sara Duterte’s declared ₱98.6M net worth (end-2025) matches her income and records, with a possible call to testify over alleged unexplained wealth and inaccurate SALNs. US Sanctions: The Treasury sanctioned Iran-linked crypto exchange BitBank, alleging it helped move hundreds of millions in Bitcoin tied to IRGC financier Babak Zanjani. Global Finance Reform: Bangladesh’s finance adviser Titumir urged a major overhaul of the global financial system for longer-term, lower-cost, predictable funding for developing countries. EU Banking Policy: Bulgaria’s Donev pushed for proportionate regulation and adequate bank capitalization at ECOFIN, while ministers discussed AI’s economic impact. Turkey Fund Crackdown: Regulators ordered liquidation of about 130 investment funds worth $18.3B, detaining Tera and Pusula executives in a suspected ponzi-style scheme. India Viksit Bharat Funding: India’s state finance ministers wrapped talks on financing Viksit Bharat, with Haryana calling for special support for agriculture, water security and green energy. Consumer Credit Rule Change (Malaysia): Banks are rolling out the reducing balance method for hire-purchase financing, replacing flat rates and “Rule of 78.” Wealth & Markets: California’s proposed billionaire wealth tax faces pushback from entrepreneurs warning of capital flight; meanwhile, bitcoin shrugged off a Fed rate hike in market commentary.
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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