``Pope Francis -- a staunch critic of rampant capitalism -- has hired veterans of Invesco, Goldman Sachs (GS) and Deutsche Bank (DB) to complete an overhaul of the Vatican bank.'' -- Not a joke, apparently...
Sunday's World Cup final game between Argentina and Germany is a cross-courtyard derby for Pope Francis and Pope Emeritus Benedict XVI.
With Argentina and Germany squaring off in the World Cup Final, soccer wars have come to the Vatican.
Pope Francis said he won't be praying for his home team, while his predecessor, Pope Emeritus Benedict XVI, isn't much of a sports fan. The Vatican said both men would want the best team to win.
But the Argentine pontiff and his German predecessor probably won't watch the game together, the Vatican says
VATICAN CITY — The curiously apt World Cup final match between Argentina and Germany (plus a slowish news day) means Twitter is aflitter with funny memes and hashtags for #PopeCupSunday. To add to the fun, we spent the morning on Photoshop airbrushing our vision of how #PopeVsPope will play out at the Vatican. Check out […]
There is a wearying inevitability to the announcement that Pope Francis’s reforms of the Vatican media will be overseen by Lord Patten of Barnes. Of course it was going to… Continue reading The post Chris Patten is to reinvent Vatican media – but will he clash with his new right-wing boss? appeared first on Spectator Blogs.
Jean-Baptiste de Franssu to lead scandal-hit bank as Church says it plans to become a "model of financial transparency".
The Vatican taps former Hong Kong governor Chris Patten to revamp its PR operation
A committee he will chair will focus on how to further develop the Roman Catholic church's media outlets, which include a newspaper, a TV and radio station and digital media. read more
Vatican City — When Cardinal George Pell, the Holy See’s new Prefect of the Secretariat for the Economy, addressed the Vatican press corpson Wednesday to lay out the new economic framework for the universal Catholic Church and introduce...Show More Summary
By Daniel Burke, CNN Belief Blog Editor (CNN)– Will the World Cup finals become a Holy War? At the very least, if Argentina advances to the World Cup finals today, it could put millions of Catholics - not to mention Vatican employees - in a bit of a bind. Do they root for Argentina, the […]
Argentina's three most world-renowned public personalities are Lionel Messi, considered by many to be soccer's greatest player of all time; Pope Francis, the Vatican's first Latin American pontiff; and Máxima Zorreguieta, an Argentine economist who, as wife of Dutch King William-Alexander, happens to also be a European royal. Read full article >>
Argentina's three most world-renowned public personalities are Lionel Messi, considered by many to be soccer's greatest player of all time; Pope Francis, the Vatican's first Latin American pontiff; and Máxima Zorreguieta, an Argentine economist who, as wife of Dutch King William-Alexander, happens to also be a European royal. As Argentina and the Netherlands meet in the […]
Bank had been stung by Italian money-laundering and cash-smuggling probes
$$$ Pimco Dissidents Challenge Bill Gross in ‘Happy Kingdom’ [Bloomberg] $$$ Banks Dreading Computer Hacks Call for Cyber War Council [Bloomberg] $$$ Vatican Bank Gets New Management and Marching Orders From the Pope [BusinessWeek] $$$...Show More Summary
It seems not even The Pope's private bank can make money when its only allowed to do it the legal way. As The FT reports, profits at the Vatican bank plunged last year after thousands of accounts were closed as part of an overhaul of the scandal-ridden institution. Show More Summary
It’s no secret the media scorn Catholic doctrine – but it’s not every day the Vatican accepts the challenge to respond. The Vatican released “Instrumentum Laboris” June 26 in preparation for the third Extraordinary Synod of Bishops in October. Show More Summary
``Cleaning up the Vatican Bank is turning into a multiyear chore for Pope Francis. The bank will now replace its supervisory board and top executives in the latest move by the pope to overhaul an institution tainted by allegations of mismanagement, corruption, and money laundering. Show More Summary