The Vatican has more than US$1.5 billion in assets that it didn’t previously know it had, bringing its total assets to more than US$3billion. Cardinal George Pell, the Vatican’s secretary for the economy, told cardinals last week that $0.5 billion in assets had been purposefully excluded from a 2013 overall balance sheet. And US$1billion should Read more
A US cardinal said he has some unanswered questions about the practicality of proposed reforms in the Roman Curia, the Vatican’s main administrative bureaucracy, although he praised efforts to clean up Vatican finances and to combat clergy sexual abuse. Cardinal Daniel DiNardo, archbishop of Galveston-Houston, also told Crux in a wide-ranging interview on Saturday that Read more