AGP Executive Report
Last update: 8 hours agoTurkey Violence Spillover: A gunman opened fire in a restaurant in Tarsus, near Mersin, killing at least four and injuring others, with police launching a major manhunt after the suspect fled by car; reports also link the attack to a wider local feud and say the shooter may be a teenager. Food Cost Pressure: In the US, grocery prices jumped 2.9% year-on-year in April—the biggest annual rise since 2023—pushing overall food inflation above 3% as energy costs, logistics disruption, and higher beef and coffee prices bite. Middle East Trade & Logistics: Irish food exporters are warning that Middle East conflict-related sea freight disruption, rerouting, and port delays are squeezing demand and raising costs across GCC and Iraq routes. F&B Growth Signals: UAE coconut-water brand Thai Coco is expanding nationwide distribution, while Abu Dhabi event listings keep drawing attention to high-profile dining and entertainment demand.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.