Philip's Feed
Aug 15, 2014

Beware spiritual ‘cancer’ of affluence, pope tells South Koreans

DAEJEON South Korea (Reuters) – Pope Francis urged South Koreans, among Asia’s richest people, to beware of the spiritual “cancer” that often accompanies affluent societies, as he led a Mass on Friday to commemorate the more than 300 people killed in a ferry disaster in April.

On the second day of his first trip to Asia, the pope met with families of victims and some survivors of the tragedy before starting the Mass before about 50,000 people at the World Cup stadium in the central city of Daejeon.

Aug 14, 2014

Pope sends message to Beijing, but some Chinese barred from S.Korea event

SEOUL (Reuters) – Pope Francis arrived in the South Korean capital Seoul on Thursday after sending an unprecedented message of good will to China as he flew over the country that does not allow its Catholics to recognise his authority.

However, about half of more than 100 Chinese who had planned to attend an Asian Youth Day event to be presided over during the pope’s visit are unable to attend due to “a complicated situation inside China”,┬áHeo Young-yeop, spokesman for the Committee for the Papal Visit to Korea, told reporters.

Aug 14, 2014

Pope sends good will message to China; arrives in South Korea

SEOUL (Reuters) – Pope Francis arrived in the South Korean capital Seoul on Thursday after sending an unprecedented message of good will to China as he flew over the country that does not allow its Catholics to recognize his authority.

Francis will spend five days in South Korea, meeting some of the country’s five million Catholics on the first trip by a pontiff to Asia since 1999.

Aug 12, 2014

Pope’s South Korea trip gives opportunity to reach out to China

VATICAN CITY (Reuters) – On his way to South Korea, Pope Francis will get a rare opportunity to directly address China’s leadership as he flies over the country, whose communist government does not allow Catholics to recognize his authority.

The pope, who leaves Rome on Wednesday, always sends telegrams to the leaders of countries as he passes through their airspace. The routine messages rarely make news, but this time there is keen expectation for what the pope will say to China.

Aug 7, 2014
via FaithWorld

Vatican bank’s TV investment loss showed Cardinal Bertone’s power

Photo

(The Vatican State Secretary Cardinal Tarcisio Bertone prays as Pope Benedict XVI meets youths in Bkerke in Harissa, near Beirut September 15, 2012. REUTERS/ Stefano Rellandini )

Two years ago, the Vatican bank invested 15 million euros in an Italian television company that makes family movies, including films about popes and a series about a bike-riding country priest who helps police solve crimes.

Aug 4, 2014

Insight – Vatican bank’s TV investment loss showed cardinal’s power

VATICAN CITY (Reuters) – Two years ago, the Vatican bank invested 15 million euros in an Italian television company that makes family movies, including films about popes and a series about a bike-riding country priest who helps police solve crimes.

The Vatican’s then Secretary of State Tarcisio Bertone ordered the investment in Lux Vide SpA, which he said shares the Holy See’s “lofty goal of evangelisation”.

Aug 4, 2014

Vatican bank’s TV investment loss showed cardinal’s power

VATICAN CITY (Reuters) – Two years ago, the Vatican bank invested 15 million euros in an Italian television company that makes family movies, including films about popes and a series about a bike-riding country priest who helps police solve crimes.

The Vatican’s then Secretary of State Tarcisio Bertone ordered the investment in Lux Vide SpA, which he said shares the Holy See’s “lofty goal of evangelization”.

Jul 14, 2014
via FaithWorld

Pope Francis says about two percent of Catholic priests are pedophiles: paper

Photo

(Pope Francis signs an autographs on one of his books as he arrives to lead a prayer in Isernia, south of Italy, July 5, 2014. REUTERS/Ciro De Luca)

About two percent of Roman Catholic clerics are sexual abusers, an Italian newspaper on Sunday quoted Pope Francis as saying, adding that the pontiff considered the crime “a leprosy in our house”.

Jul 9, 2014

Vatican restructures scandal-hit bank, vows transparency

VATICAN CITY, July 9 (Reuters) – The Vatican on Wednesday
said it would separate its bank’s investment business from its
Church payments work to try to clean up after years of scandal,
and vowed to become a “model of financial transparency”.

French businessman Jean-Baptise de Franssu was named as the
new head of the bank, officially known as the Institute for
Works of Religion (IOR), succeeding German lawyer Ernst Von
Freyberg, who has run the bank since February 2013.

Jul 9, 2014

Vatican restructures scandal-hit bank, French financier is new head

VATICAN CITY, July 9 (Reuters) – The Vatican said on
Wednesday it will separate its bank’s investment business from
its Church payments work to try to clean up after years of
scandal including allegations of money laundering and tax
evasion.

French businessman Jean-Baptise de Franssu was named as the
new head of the bank, officially known as the Institute for
Works of Religion (IOR), succeeding German lawyer Ernst Von
Freyberg, who has run the bank since February 2013.