AGP Executive Report
Last update: 7 hours agoLiechtenstein Cybersecurity: Liechtenstein says it still doesn’t know who carried out a major hacking attack on its foundations and trusts registry, but Prime Minister Brigitte Haas says paying a ransom “wouldn’t be an option,” with officials still weighing scenarios and noting the legal path may be unclear given the breach’s scale. Vatican Finance & Wealth Management: Pope Leo XIV appointed 36-year-old Princess Gisela Bergmann of Liechtenstein to the Vatican’s Council for the Economy, bringing private-wealth and asset-management experience from Industrie- und Finanzkontor to help oversee Holy See budgets and financial activity. US–Liechtenstein Trade Impact (Drones): The US announced sweeping drone import tariffs under Section 232, with duties up to 100% for “sensitive” drones (over 25kg, thermal imaging, docking stations and key components) and 25% for smaller models; importantly for Liechtenstein, qualifying imports from Liechtenstein are capped at 15% if origin rules are met, while the policy is set to start Sept. 3. Entrepreneurship Spotlight: Quorum Media launched the first edition of its “Top Entrepreneurs to Watch,” profiling founders in fintech, Web3 and emerging tech. Market Watch: Spain’s Ibex 35 ended the week slightly down (0.10%) amid ongoing geopolitical pressure and inflation concerns.
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