National Catholic Reporter

The Independent News Source

Vatican

Catholic teaching can help correct distorted economies, cardinal says

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The economy, on a local and global level, and financial policies are called to serve the human person and promote the common good, said Cardinal Pietro Parolin, Vatican secretary of state.

"We live in a time in which, unfortunately, the prevalent economic model reveals numerous shortcomings, dysfunctions and deviations which weigh heavily on the state of the planet's health," he said Tuesday.

Study day on synod did not aim to change doctrine, spokesman says

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The presidents of the bishops' conferences of Germany, France and Switzerland decided their preparation for the Synod of Bishops on the family could benefit from listening to theologians, biblical scholars and canon lawyers from all three countries, said the spokesman for the German bishops.

"It was a real fruitful discussion and very broad and that was important; it was not just about the hot topics" of divorce and homosexuality, Matthias Kopp, the spokesman, told Catholic News Service on Wednesday.

Vatican bank posts large profit, continues review of account holders

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The Institute for the Works of Religion, commonly known as the Vatican bank, showed a large jump in profits in 2014 as it continued to winnow its accounts.

The institute reported a net profit of 69.3 million euros ($75.5 million) in 2014 compared to a 2013 net profit of 2.9 million euros.

The bulk of the profit, 55 million euros, was given to the Holy See for its operating costs.

TV and Internet? Meh. What Pope Francis really misses are pizza outings

Pope Francis told an Argentine newspaper that he never watches TV or logs on to the Internet and, perhaps not surprisingly, sleeps well.

Speaking to the newspaper La Voz Del Pueblo, the pope reflected on the little over two years since he was thrust into the global limelight.

He said the swift transition from being archbishop of Buenos Aires, Argentina, to leader of the world's 1.2 billion Catholics was somewhat of a shock.

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In This Issue

August 28-September 10, 2015

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