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Pope Leo XIV now faces the challenge of securing the necessary funds to steer the Vatican out of its financial difficulties.
The Vatican doesn’t tax its residents or issue bonds, and it's got a very big budget problem. It primarily finances the Catholic Church’s central government through donations that have ...
To update the Church’s teaching for the age of AI, Leo should revisit the 19 th century.
the remaining 10% are rented at reduced rents to Vatican employees. In 2023, these properties only generated 35 million euros ($39.9 million) in profit. Financial analysts have long identified ...
The new pope appears to be a big hit with visitors to the Vatican, yet he's not generating much headline news, despite his ...
They also point out that many Russian officials cannot even fly there due to Western restrictions. Sign up here. The Vatican has so far been silent in public on the idea raised by U.S. President ...
In June 1982, the BBC reported on the death of Italian banker Roberto Calvi, whose body was found in central London.
Musk’s time in the government is coming to a close, but what does that ... there have been some lawsuits and legal action taken to get things reversed. Many federal employees weren’t given ...