Public Media Funding Debate: A new insight argues that even as public service media face scepticism and shrinking support, their mission matters more than ever for local identity and democratic life in small states like Liechtenstein. EU Climate Policy: The European Commission unveiled a major overhaul of the EU Emissions Trading System, proposing slower tightening from 2031, longer free allowances tied to clean-investment plans, and a new 2040 electricity target of 46%—a move praised as “business-friendly” by supporters but criticised for weakening climate ambition. Swiss Banking Oversight: After Credit Suisse’s collapse, Switzerland is pushing to strengthen FINMA’s powers, including fines and public naming of rule-breaking banks, but parliamentary resistance is already emerging amid long-running debates over how much federal regulation the sector needs. Liechtenstein in EU ETS Coverage: The EU ETS reform also matters locally because the system applies across the EU and includes Liechtenstein, with links to Switzerland’s carbon market. US Travel and Ideology Controls: The U.S. State Department announced a new ban on “far-left” nationals, framed as part of broader Trump-era security enforcement that targets anti-fascist/left-wing activism. Diplomatic Appointment Linked to Liechtenstein: U.S. diplomat Yuriy R. Fedkiw took over as Consul General in Mumbai, previously serving in Bern overseeing relations with Switzerland and the Principality of Liechtenstein. Trade Cooperation With EFTA: New Zealand’s trade minister highlighted FIT talks that include Liechtenstein and other EFTA partners, aiming to reduce barriers and support a more predictable rules-based trading system.