AGP Executive Report
Last update: 12 hours agoIceland Trade & Tourism: Iceland’s goods trade deficit widened in June to ISK 57.4bn (from ISK 39.8bn a year earlier) as imports and exports both jumped about 42%, but imports grew faster. In the Westfjords, eclipse tourism is hitting the business side hard: Hotel Breiðavík says three big tour-group bookings (75+ guests) were cancelled ahead of the Aug. 12 total solar eclipse, with some operators reportedly shifting clients to Spain; the owner also points to a recent booking scam that already cost money. Energy & Climate Risk: New modelling warns the Atlantic circulation system (AMOC) could face an unavoidable collapse risk of around 10%, with potentially severe cooling impacts for Iceland and northern Europe. Trade Deals: Vietnam and EFTA (including Iceland) have concluded a long-running free trade agreement, aiming to deepen market access and investment across goods and services. Business & Markets: Nasdaq Nordic highlights strong capital-market momentum in H1 2026, including record trading turnover on May 29. Tech & Finance: Alpaca completed EEA passporting across 29 countries, including Iceland, expanding regulated investment services across the bloc.
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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