Despite setbacks, Vatican Bank undergoing important evolution

Vatican City, Jul 4, 2013 / 10:38 am (CNA/EWTN News).- News that Vatican Financial Intelligence Authority (AIF) has been admitted to a global network of financial oversight agencies proves that the Vatican is threading an international and multilateral path to adhere to international standards.It “represents a recognition of the Holy See/Vatican City State’s systematic efforts in tracking and fighting money laundering and financing of terrorism,” said René Bruelhart, … [Read more...]

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Works of mercy caress, bind Christ’s wounds, Pope teaches

Vatican City, Jul 3, 2013 / 09:50 am (CNA/EWTN News).- On the feast of Saint Thomas the Apostle, Pope Francis said that encountering Christ is done by reaching out to our "wounded brothers" in works of mercy – touching Jesus' own wounds. “We find Jesus’ wounds in carrying out works of mercy, giving to the body – the body – and also to the soul, but the body, I stress, of your wounded brother,” the Bishop of Rome taught at his homily for daily … [Read more...]

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Take courage in your weakness, Pope Francis teaches

Vatican City, Jul 2, 2013 / 10:20 am (CNA/EWTN News).- During his homily at daily Mass in the Vatican's Saint Martha House, Pope Francis said Christians must have the courage to flee from the temptation to sin by turning to the Lord when they are weak. “We are weak, but we must be courageous in our weakness. And often our courage must be expressed in escaping without looking back, so as not to fall into the trap of wicked nostalgia,” preached the Bishop of Rome July … [Read more...]

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Vatican Bank director, deputy announce resignations

Vatican City, Jul 1, 2013 / 04:27 pm (CNA/EWTN News).- Paolo Cipriani, director of the IOR, or “Vatican Bank,” resigned today, along with his deputy, Massimo Tulli, “in the best interest of the institute and the Holy See,” according to a Vatican statement.The Vatican Bank, officially known as the Institute for Religious Works, or IOR, has begun the process of finding permanent replacements to fill the positions.Meanwhile, Ernst von Freyberg, who was appointed … [Read more...]

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Pope will travel to Italian island to pray for immigrants

Vatican City, Jul 1, 2013 / 11:47 am (CNA/EWTN News).- Pope Francis will travel to the southern Italian island of Lampedusa on July 8 to pray for immigrants who died trying to reach the destination.A statement released July 1 by the Holy See press office said the Holy Father was “deeply touched by the recent sinking of a boat carrying migrants from Africa, the latest of a series of similar tragedies.”“Because of the particular circumstances,” the statement … [Read more...]

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Prayer is ‘negotiating with the Lord,’ says Pope

Vatican City, Jul 1, 2013 / 10:25 am (CNA/EWTN News).- At his homily for daily Mass at Saint Martha House, Pope Francis called Abraham's bargaining with the Lord for the people of Sodom a model of prayer – a courageous negotiation with God. “Praying is negotiating with the Lord, even being inopportune with the Lord,” the Bishop of Rome said at the chapel of the Vatican guest-house July 1. “Abraham is a courageous man and prays with courage,” he said, … [Read more...]

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Pope Francis’ first encyclical to be released July 5

Vatican City, Jul 1, 2013 / 10:04 am (CNA/EWTN News).- Pope Francis’ first encyclical will be published on Friday, July 5, the Vatican has announced.The encyclical was begun by Benedict XVI and finished by Pope Francis in recent months. It is entitled “Lumen Fidei,” which means “The Light of Faith.”The papal document will be presented at a press conference by Cardinal Marc Ouellet, P.S.S., prefect of the Congregation for the Doctrine of the Faith, and … [Read more...]

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