AGP Executive Report
Last update: 10 hours agoSanctions Update: Switzerland has expanded its Russia sanctions, adding 45 entities and nine individuals tied to Russia’s defence industry and “shadow fleet,” with the new measures taking effect late Aug. 11. Climate & Risk: Swiss Re says global economic losses from natural disasters hit $100bn in the first half of 2026, well below last year’s $152bn, but warns the second half can spike with hurricanes and wildfire risk. Energy/Industry Decarb: Holcim UAE, a Swiss-headquartered firm, has started operations on a cement carbon capture and underground mineralisation pilot in Fujairah, capturing about 4–4.5 tonnes of CO₂ daily. Sport (Swiss angle): Belinda Bencic withdrew from the Toronto Masters with a hip injury, handing Coco Gauff a walkover into the semifinals. Swiss sports event: Lausanne will host the FIBA 3x3 World Tour on Aug. 14–15 at Place de la Navigation.
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