What If The Vatican Actually Goes Broke?

The Holy See is, by its own accounting, in serious financial straits. While some curial asset managers have begun to show modest-to-moderate returns in recent years, donations remain down and the Vatican is still operating with a runaway budget deficit. So how bad is the financial weather over Rome and what, if anything, is being … Read more

In Media Blitz, Cardinal Becciu Insists He’s Not a Crook

With the Vatican City court due to deliver its verdict in the landmark financial crimes trial in just three weeks, defendant Cardinal Angleo Becciu has once again insisted on his innocence and said he “has faith” he will be acquitted of all charges. Over the past week, the cardinal and his legal team mounted a … Read more

Papal Nuncio Has Isolated Himself U.S. Bishops

When Archbishop Timothy Broglio began on Tuesday morning his USCCB presidential address on the state of the Church in the U.S., he quoted from scripture, urging that “whoever has ears ought to hear what the Spirit says to the Churches.” To most of those with ears to hear, it seems clear that Broglio was talking … Read more

It the Vatican a Den of Spies?

The Vatican financial trial in its final recess, before defense attorneys make their closing arguments after the August break and the judges adjourn to consider their verdict. While the judges and lawyers are (and should be) concerned with the evidence directly related to the sprawling indictment against the 10 accused, the trial has also thrown … Read more

How Rome Lost the Vatican-China Deal

The Vatican’s recognition is the latest sanation by Rome of a canonically illegal move by the Communist Party controlled Chinese Patriotic Catholic Association, which has exerted increasingly unilateral control over episcopal appointments in the country, even since the signing of a 2018 deal between the Holy See and Beijing. That deal was meant to unify … Read more

Bishop Befriended By Bergoglio Behind Bars

The criminal conviction of Bishop Gustavo Oscar Zanchetta for the sexual abuse of seminarians has sent shock waves through the Argentine Catholic Church, and the Vatican. The conviction also raises questions about the credibility of Pope Francis, a close friend of Zanchetta, on handling abuse allegations. It could well cast a shadow over the pope’s … Read more

What New Reports About Cardinal Becciu Might Mean

On Monday, Cardinal Angelo Becciu’s attorney issued a statement that aimed to rebuff a new series of allegations against the disgraced cardinal. The allegations quickly appeared to amount to little, if anything, but the manner in which they came to light could prove to be the beginning of a very interesting series of revelations connected … Read more