It seems certain that Cardinal Tarcisio Bertone will remain Secretary of State until April 27. That is the day when new papal nuncio Ettore Balestrero – previously Undersecretary for Relations with States, heading to the important nunciature of Colombia– will be ordained bishops. In the past, the Pope himself would conduct these ordinations [...]
With two changes to the anti-money laundering law, the Holy See has made its financial system even more open and transparent. The changes – approved by the Pontifical Commission of Vatican City State on December 14 and in effect since December 17 – allow the Vatican Authority for Financial Information to reach Memorandums [...]
René Bruelhart is the new director of the Authority for Financial Information (AIF). It is a significant appointment –it shows that the Holy See is moving towards full adherence to international transparency standards. MONEYVAL’s Plenary Assembly – the body of the Council of Europe that evaluates if its member states are meeting [...]
Will Ettore Gotti Tedeschi have to stand trial before a Vatican court? The possibility is rather remote. If he will, it would be because of the documents the former president of the IOR. Board of Superintendence took from his office in Torrione Niccolò IV. Gotti Tedeschi probably is not in possession of [...]
Benedict XVI had been defined «the last of Benedictins». As Saint Benedict, who in 529 founds the monastery of Montecassino and from there – with the ora et labora, the collections and copy of texts, founds a new civilizations, so Benedict XVI goes over the scandals and the human problems of the [...]
Just when the Vatican Secretary of State seems to be the only mark for a series of attacks, two news show that the Holy See is making important steps toward a reform intended to bring the Vatican City State to be a fully modern State with full financial transparency. The steps are [...]
One year ago – it was the 30th of December 2010 – the publication of the Benedict XVI’s Motu Proprio for the prevention and countering of illegal activities in the area of monetary and financial dealings was considered one of the most important news. The Motu Proprio extended to the Holy See the [...]
«Kyllä kansa tietää», «Yes the people know». This sentence has marked the history of Finnish politics. His author, Veikko Vennamo, was a talented orator. He shocked the Finnish political establishment by founding a populist party at the end of Sixties. It was called “Landsbygdspartiet” (the Party of the Countries) and it gained the [...]
«G20 can be considered a club of friends. On the other hand, Holy See proposes a new world authority, in order to consider all the countries, the developing ones as well as the developed ones». Mons. Mario Toso, secretary of the Pontifical Council for Justice and Peace, underlines the doubts the Holy See [...]