Philip's Feed
Jul 22, 2013

Pope fears lost generation of young unemployed

ABOARD THE PAPAL PLANE (Reuters) – Pope Francis said on Monday the world risks losing a generation of young people to unemployment and called for a more inclusive culture, as he headed to Brazil on his first trip outside Italy.

Speaking to journalists on board his plane, Francis expressed concern about how many young people have no jobs and condemned a “disposable” culture which also hurt the elderly.

Jul 21, 2013

Arrested Vatican prelate acted as private banker, document says

ROME, July 21 (Reuters) – A senior Catholic prelate arrested
last month used his influence at the Vatican to provide private,
illegal financial services for rich friends, Italian
investigators say in a judicial document.

They say Monsignor Nunzio Scarano, who is the target of two
Italian investigations and had accounts at the Vatican bank,
engaged in “totally private, illegal activity which was also
aimed at serving outsiders”.

Jul 19, 2013

Arrested prelate wanted to tell pope of suspect activity: document

ROME (Reuters) – An arrested Catholic prelate asked to meet Pope Francis to tell him of irregular activities in the Vatican’s financial administration before he was detained on suspicion of money smuggling, according to a judicial document and a legal source.

Monsignor Nunzio Scarano has also written a letter to the pope from his jail cell and given documents to magistrates, a source with direct knowledge of the case said.

Jul 19, 2013

Pope brings in lay experts to help reform Vatican

VATICAN CITY (Reuters) – Pope Francis has brought in international experts to help him overhaul the Holy See and move on from a series of scandals under his predecessor Benedict XVI.

Urged on by the cardinals who elected him four months ago, Francis set up a commission on Friday to help him reform the Vatican’s administration and finances.

Jul 17, 2013

Pope to shun bullet-proof vehicles during Brazil trip

VATICAN CITY (Reuters) – Pope Francis will not use bullet-proof popemobiles on his visit to Brazil next week to allow him more direct contact with crowds despite the security risks, the Vatican said on Wednesday.

The Argentine pope, who arrives in Brazil on Monday for his first trip outside Italy, will use the same open-top jeeps he has preferred to use during his general audiences in St. Peter’s Square to enable him to reach out and touch people.

Jul 5, 2013

Popes John Paul II, John XXIII to be made saints: Vatican

VATICAN CITY (Reuters) – Pope John Paul II, the globe-trotting pontiff who led the Catholic Church for nearly 27 years, and Pope John XXIII, who called the reforming Second Vatican Council, will be declared saints, the Vatican said on Friday.

The Vatican said Pope Francis had approved a second miracle attributed to John Paul, a Pole who was elected in 1978 as the first non-Italian pope in 450 years and died in 2005. His progression to sainthood is the fastest in modern times.

Jul 4, 2013

Vatican bank told of “clear failings” at meeting -source

VATICAN CITY, July 4 (Reuters) – A preliminary inquiry by
the Vatican bank after the arrest of a Vatican prelate on
suspicion of trying to smuggle huge sums of money into Italy
from Switzerland found “clear failings” at the institution, a
source close to the bank said on Thursday.

The board of the bank, formally known as the Institute for
Works of Religion (IOR), held a meeting on Thursday that also
addressed the shock resignation of its two top managers on
Monday. The meeting had not been made public.

Jul 4, 2013

Arrested Vatican prelate lived lush life in hometown

SALERNO, Italy, July 4 (Reuters) – Even though he was known
to like to live well, police said they were startled when they
entered Monsignor Nunzio Scarano’s apartment after he called
them one night in January to report a burglary.

The apartment, in one of Salerno’s most up-market
neighbourhoods in the city centre, was huge, with art lining the
walls and hallways divided by Roman-style columns.

Jul 1, 2013
via FaithWorld

Code words and safe phones: anatomy of a Vatican money smuggling plot

Photo

(Stacks of Euro banknotes in a bank in Bern August 15, 2011. REUTERS/Pascal Lauener )

To most people, a book is a book. But to Monsignor Nunizio Scarano, a Vatican official arrested on charges of money smuggling, a “book” was a code word for one million euros in cash, a report by the judge on the case said.

Jul 1, 2013

Top Vatican bank managers resign after Monsignor’s arrest

VATICAN CITY (Reuters) – Two top managers of the scandal-plagued Vatican bank resigned on Monday following the arrest of a high-ranking cleric with close ties to the financial institution, in the latest of a string of embarrassments for the Holy See.

Director Paolo Cipriani and deputy-director Massimo Tulli stepped down three days after the Vatican was rocked by the arrest of Monsignor Nunzio Scarano, who is accused of plotting with two other people to smuggle 20 million euros into Italy from Switzerland.