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One of the greatest challenges facing Pope Leo XIV is financial. He has inherited the Holy See’s chronic, 50 million to 60 ...
Can Pope Leo XIV solve the Vatican funding crisis? Here’s how the Holy See manages money - The Vatican doesn’t tax its ...
The Vatican doesn’t tax its residents or issue bonds. It primarily finances the Catholic Church's central government through ...
In the days leading up to the papal conclave, which concluded on Thursday with the election of Robert Francis Prevost, 69, as Pope Leo XIV ... The Vatican’s finances are indeed in a mess ...
Andrew Stanton is a Newsweek weekend reporter based in Maine. His role is reporting on U.S. politics and social issues. Andrew joined Newsweek in 2021 from The Boston Globe. He is a graduate of ...
ROME – Along with the spiritual leadership of the world’s 1.4 billion Catholics, Pope Leo XIV now inherits oversight of the Vatican’s shoddy finances – and his predecessor’s efforts to ...
The reforms most urgently needed when Francis assumed the papacy were a church in financial shambles and ... do so with rose-colored glasses. Pope Leo XIV inherits a Church that remains in urgent ...
Vatican employees received a bonus of €500 ($570) to celebrate the election of the new pope — this decision was made by Pope Leo XIV. The Ansa agency explained that the new pope restored the tradition ...
This week on “Inside the Vatican,” hosts Colleen Dulle and Gerard O’Connell and producer Ricardo da Silva, S.J., answer ...
When the newly elected Pope Leo XIV stepped out on the central loggia of St. Peter’s Basilica to greet the crowd, liturgical ...