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Pope Francis

Pope Francis: No people is criminal and no religion is terrorist

February 17, 2017. Pope Francis has sent an important message to the Meetings of Popular Movements that is taking place in Modesto (California). The pope denounces the "moral blindness of this indifference”: "under the guise of what is politically correct or ideologically fashionable, one looks at those who suffer without touching them. But they are televised live; they are talked about in euphemisms and with apparent tolerance, but nothing is done systematically to heal the social wounds or to confront the structures that leave so many brothers and sisters by the wayside”.
World

The government of the Order of Malta will elect the successor of the Grand Master in April

February 15, 2017. On April 29, the Council Complete of State, the Order’s constitutional body, will elect the next Grand Master of the Sovereign Order of Malta (or, as provided for in the Constitution, a Lieutenant of the Grand Master, to hold office for a year).
Pope Francis

Pope names a Special Envoy for Medjugorje

< style> February 11, 2017. Pope Francis has asked Henryk Hoser, S.A.C., bishop of Warsaw-Prague (Poland), to go to Medjugorje as Special Envoy of the Holy See. According< g> the Vatican, "the mission has the aim of acquiring a deeper knowledge of the pastoral situation there and above all, of the needs of the faithful who go there in pilgrimage, and on the basis of this, to suggest possible pastoral initiatives for the future”.

Vatican Bank issues first public report in its 70 year history

2013-10-01

The IOR, more commonly known as the Vatican Bank, was established in 1942. Since that time it had never allowed access into its balance sheets. But on Tuesday morning, it issued its firstannual report of its financial activity in 2012.

The 100-page report is the Vatican's latest effort to improve the bank's transparency and meet international standards. With 114 employees, the bank oversees nearly 18,900 accounts, with a combined total of 7.1 billion euros in assets. That's roughly the same size as a small regional bank.

The bank has nearly 800 million euros in equity, while the remaining 6.3 billion is split: 3.2 billion as an investment bank for its clients, and 3.1 billion as deposits for current accounts.


This added step into making the Vatican bank more transparent comes weeks before a special commission Pope Francis appointed is due to hand in their recommendations into the institution's future.



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