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Vatican City

Pope: Stop throwaway culture now before another generation is lost

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Pope Francis urged a group of economists and financiers to help reverse the current "throwaway" culture and put people at the center -- not the fringes -- of monetary strategies and policies.

Children, the elderly and young adults are all being rejected "because they're not useful," he said. "Who's going to be disposed of next? Let's stop ourselves in time, please," he said Saturday.

Vatican bank issues detailed report, including where it stores its gold

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One week after publishing highlights of its 2013 financial statement, the Institute for the Works of Religion -- commonly called the Vatican bank -- released a 107-page, detailed financial report for the year.

The first statement, released July 8, said the institute's net profit for 2013 was only 2.9 million euros ($3.9 million) compared to 2012 net profits of 86.6 million euros ($117.7 million).

Pope tells patients headache, nausea forced him to cancel visit

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Apologizing for missing his late June visit to the patients and staff at Rome's Gemelli Hospital, Pope Francis explained that a headache he'd had since morning suddenly worsened and he became nauseated, forcing him to cancel the visit at the last minute.

"I hoped it would pass," he said in a video message the Vatican released Sunday. "I really wanted my meeting with you, but as you well know, we are not the masters of our lives and cannot do everything we want."

"We must accept fragility," the 77-year-old pope said.

Pope: Prayer is never in vain; work courageously, concretely for peace

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Praying for peace is never a useless exercise -- it keeps evil at bay and helps people not give in to violence, Pope Francis said.

In response to "tragic events" unfolding in the Middle East in early July, the pope delivered "a heartfelt appeal to continue to pray with persistence for peace in the Holy Land."

Vatican names committee to help revamp communications, media outreach

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Seven months after hiring a consulting firm to study the Vatican's communications structures, the Vatican has set up an 11-member committee -- which includes Our Sunday Visitor's Greg Erlandson -- to suggest ways to increase collaboration and cut costs.

Australian Cardinal George Pell, prefect of the Vatican Secretariat for the Economy and a member of Pope Francis' Council of Cardinals, announced the formation of the committee at a news conference Wednesday.

Vatican budgets for 2013 show surplus of 8.5 million euros

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The Vatican's final budget figures for 2013 showed a deficit on the part of the Roman Curia, but a strong performance by entities falling under the separate Vatican City State budget covered the deficit and helped the Vatican end the year 8.5 million euros ($11.6 million) in the black.

The Prefecture for the Economic Affairs of the Holy See, the Vatican's budget management office, presented the consolidated budgets for the Holy See and for Vatican City State to members of the new Council for the Economy on Saturday, and a summary was released by the Vatican press office Tuesday.

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August 15-28, 2014

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