AGP Executive Report
Last update: 8 hours agoJobs vs. capital spending: South Africa’s Ramaphosa admitted that big renewable-energy and data-centre investment is creating far fewer jobs than promised—unemployment is now 32.7% (Q1), with youth joblessness at 45.8%, and renewables/data centres delivering only 13–248 jobs per R1bn versus ~3,900 in labour-heavy services. Hormuz pressure: Israel-Lebanon talks resumed in Washington as Strait of Hormuz risks deepen, keeping shipping and oil-market nerves high. Fuel crunch hits Cuba: Havana says it has run out of diesel and fuel oil reserves, triggering blackouts up to 22 hours and protests, with officials blaming the US blockade. Biofuels surge: Biodiesel demand is accelerating as the US boosts its renewable diesel/biodiesel blending mandate for 2026–27, while Middle East disruption pushes supply-diversification plans. UK politics meets energy: A forecast warns the UK could lose 163,000 jobs in 2026 amid the Iran-conflict energy shock.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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