AGP Executive Report
Last update: 7 hours agoVatican Finance Watch: The Holy See’s asset manager APSA says 2025 net assets rose to €2.686bn, up €89m, but its operating surplus fell to €22.8m as 2024’s one-off investment gains faded—highlighting the challenge for Pope Leo XIV to turn wealth into steady mission income. Papal Travel & Abuse Safeguards: Vatican confirmed Pope Leo XIV’s four-day France trip (Sept. 25-28) with stops in Paris, UNESCO, Lourdes and Metz, plus a private meeting with Church abuse survivors prepared with victims’ involvement. Mexico Invitation: Cardinal Parolin told Mexico’s president Pope Leo is “very eager” to visit, with the pope prioritizing Peru, Argentina and Uruguay first. Argentina Economic Strain: Catholics in Argentina are framing the November papal visit as hope amid Milei-era austerity pressures—wages and pensions down, living costs up, and more families pushed into debt. AI, Energy and Water: Catholic groups and Church voices are pressing for safeguards as AI data centers expand, raising concerns over electricity, water use, and local environmental impacts. Global Food Security Under Fire: Ukraine and Russia trade blame for strikes hitting Odesa’s port and logistics, with renewed pressure on agricultural exports.
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