AGP Executive Report
Last update: 3 hours agoVatican Bank: A Maltese court has ordered four investment firms to pay the IOR €24.1 million, plus 8% annual interest, over the Budapest Exchange Palace venture. The first-instance ruling found the firms breached fiduciary duties and that an intermediary structure shifted value away from the Vatican bank. Economic Priorities: In Argentina, Pope Leo XIV urged business and labor leaders to put people before profit, warning that treating profit as the sole measure of success can fuel exclusion. He also called for economic growth to benefit disadvantaged people and for work to be protected as a source of dignity.
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