AGP Executive Report
Last update: 6 minutes agoSanctions & geopolitics: The EU is preparing what could be its largest-ever sanctions expansion on Russia, with plans to add around 1,600 people and firms tied to the military-industrial complex, aiming for proposals in early September and adoption in October. Markets & rates: European stocks slipped as Middle East tensions pushed oil higher and bond yields up, while ECB commentary warned a correction is likely after a massive tech rally. Banking & capital markets: Greece’s equity story is getting a boost: analysts cite potential passive inflows tied to Stoxx Europe 600 inclusion, with banks expected to capture much of the flow. Crypto & regulation: Fireblocks appointed former SEC acting chair Elad Roisman to lead regulatory strategy as stablecoin and tokenized-asset rules diverge across regions. Cyber & sanctions fallout: Russian banking and email systems face added risk after GlobalSign revoked TLS certificates for thousands of Russian domains under sanctions. Real economy: Heatwaves and drought are driving an “unprecedented” farm crisis across Europe, with major crop shortfalls and a widening insurance gap. Corporate/competition: The EU cleared Flamingo and Nazca’s joint control acquisition of Herbex Iberia under merger rules.
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