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Vatican City

Vatican signs financial transparency accord with U.S. officials

In a bid to improve its checkered record on financial transparency, the Vatican on Tuesday signed a cooperation agreement with the U.S. agency that fights against financial crimes.

The Vatican's Institute for the Works of Religion, known as the Vatican bank, has a long history of secrecy and scandals, and it has reportedly been involved in several shady operations during the course of its history. In recent years, top bank officials have been put under investigation by Italian magistrates for alleged money laundering.

Pope says Christians must learn to patiently endure trials, each other

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Patience in the midst of trials and patiently putting up with other people are marks of Christian maturity, Pope Francis told ushers and other staff members of the office that cleans and repairs St. Peter's Basilica and watches over the millions of people who visit it each year.

Israeli president invites pope to visit Israel, 'the sooner the better'

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Israeli President Shimon Peres officially invited Pope Francis to Israel, telling the pope "the sooner you visit the better, as in these days a new opportunity is being created for peace, and your arrival could contribute significantly to increasing the trust and belief in peace."

The Israeli president's remarks were reported in a statement released by the Israeli Embassy to the Vatican after Peres met Pope Francis on Tuesday.

Cardinal ordains U.S. archbishop, two others for diplomatic service

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With ambassadors from around the world in attendance, Cardinal Tarcisio Bertone ordained as archbishops three members of the Vatican diplomatic corps -- including U.S. Archbishop Michael Banach -- who will serve as nuncios.

Banach, 50, a priest of the diocese of Worcester, Mass., was named nuncio to Papua New Guinea; he had been the Vatican's representative to several international agencies based in Vienna.

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August 29-September 11, 2014

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