AGP Executive Report
Last update: 4 hours agoRail Disaster: Spain is mourning after the Urda collision killed at least 69 people, with later reports citing a higher toll. Investigators are examining a failure in the LZB safety system and a control-centre order that allowed a train to move toward a stationary one. Rail workers are striking, protests are demanding accountability, and service on the Madrid–Andalusia route is disrupted. Prime Minister Pedro Sánchez has promised a full inquiry as the crash intensifies pressure on his government ahead of November’s election. ECB Race: Christine Lagarde’s early departure has opened a contest for the bank’s presidency. Sánchez is backing former Bank of Spain governor Pablo Hernández de Cos, whose candidacy also has support from the opposition Popular Party. Cross-Border Links: At a Spanish-Portuguese summit, Algarve representatives urged a bridge over the Guadiana and rail connections from Faro to Huelva and Seville by 2040, alongside closer cooperation on water management.
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