AGP Executive Report
Last update: an hour agoNew Caledonia Finance Crunch: New Caledonia’s newly elected government says it is in “cessation of payments” and warns of a possible complete shutdown if it can’t secure about 13 billion Pacific francs (€109m) by end-August, as talks with France’s MINC aim to unlock “refoundation pact” funding. Cabinet Portfolios: President Milakulo Tukumuli has unveiled a “collegial” cabinet, assigning key roles including health, social protection and transport, while Christopher Gygès retains economy, customs, external trade and food sovereignty. Regional Security Diplomacy: Ahead of the Pacific Islands Forum Leaders’ meeting on 30 August, foreign ministers in Suva are setting the stage for renewed debate over Sino-American and Sino-Australian competition and regional security cooperation. Pacific Business & Mobility: Australia is pushing stronger Pacific regionalism at the Forum, while Fiji reports rising mobile phone ownership (to 84%) and prepares for drier months as El Niño strengthens. Sports Spotlight: New Caledonia will face Australia in the men’s Oceania volleyball final after a five-set comeback win, with Guam to play Wallis et Futuna for third.
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