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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

Pope Francis advances eight new causes of sainthood

January 23, 2017. On January 20, Pope Francis met with Cardinal Angelo Amato, the prefect for the Congregation for the Causes of Saints to announce the publication of decrees for the advancement of eight causes of sainthood.

Vatican Bank is here to stay

2014-04-07

In the past few years, the purpose and livelihood of the Vatican Bank has been questioned by people in and outside the Catholic Church. Some recommended it be shut down all together, others that it change its regulations. 

On Monday, April 7th,  the Holy See's press office announced that the Vatican Bank is here to stay. Pope Francis approved the future of the Bank, which is officially known as the Institute for the Works of Religion (IOR)

In a press release, it states that the IOR will continue to 'serve with prudence and provide specialized financial services to the Catholic Church worldwide.' 

After a series of economic scandals, the Vatican approved new financial structures to regulate its activities. They include aligning its accounts, transactions and otherwise with international standards and promoting transparency. 

The decision was approved jointly, by different Holy See entities, but the process isn't done just yet. To finalize the plan and to make sure the IOR fulfills its mission, the plan will be presented to the Pope's advisory council, which includes eight cardinals, among them is George Pell, who was recently appointed  Secretariat for the Economy

The activities of the IOR will continue to fall under the supervision of the AIF or the Financial Information Authority, which is an institution that is connected to both the Vatican and the Holy See. 


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