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Vatican Staring Down The Barrel of $158 Million Deficit

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According to an internal Vatican analysis recently presented to Pope Francis for a meeting with his department heads, declines in revenue due to the coronavirus pandemic will cause the Vatican’s annual deficit to balloon somewhere between 30 and 175 percent, depending on which of three scenarios, ranging from best to worst case, is realized. Under […]

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It’s Clear Pope Francis ‘Owns’ This Synod

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A Synod of Bishops is often described as the “Congress of the Catholic Church,” with the College of Cardinals being the Catholic Senate. Both comparisons are terribly inexact, beginning with the fact that neither Catholic body holds any real power because it’s all in the hands of the pope. Yet there are certainly parallels, beginning […]