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Topic - Vatican Bank
– IOR), commonly known as the Vatican Bank, is a privately held institute located inside Vatican City run by a professional bank CEO who reports directly to a committee of cardinals, and ultimately to the Pope (or the Camerlengo of the Holy Roman Church during a sede vacante). Since its assets are not considered property of the Holy See, it is not overseen by the Prefecture for the Economic Affairs of the Holy See, and it is listed in the Annuario Pontificio together with foundations such as the John Paul II Foundation for the Sahel, which provides funds for training people to fight drought and desertification in nine African countries. The current President is Ettore Gotti Tedeschi. - Source: Wikipedia
For the first time in history, the Vatican will host two popes.
Pope Francis marked his first Easter Mass with ambitious calls for world peace, better protection of the environment and an end to greed, as he addressed the biggest crowd yet to see him.
Parishioners and visitors at the Basilica of the National Shrine of the Immaculate Conception expressed hope Thursday that Pope Francis will call the church establishment back to its core mission and values -- and perhaps bring wayward elements of the flock back into line.
As the Roman Catholic Church’s cardinals prepare to choose Benedict XVI’s successor as pope, two have emerged as favorites — Cardinal Angelo Scola of Milan and Cardinal Odilo Pedro Scherer of Sao Paolo, Brazil — according to Italian media.