Last article of section "Economy and Business"
Uncertainty Looms as Country Defaults on $1.8 Million IMF Loan
Pope Francis has expressed his closeness to the people of Greece. The country missed the deadline to payback a $1.8 million loan from theInternational Monetary Fund (IMF). Although the country had presented a two-year deal to restructure its debt, German Chancellor Angela Merkel said there would be no negotiati...read more
Articles from section "Economy and Business"
A Vatican department in charge of monitoring the monetary and commercial activities of Vatican agencies has signed an agreement to exchange information with its US counterpart that supervises …read more
One hardly need say that religious liberty is a subject of some urgency for many Christians today. In some cases, it is literally a matter of life and death. Every day we read of the brutal …read more
The Supervisory Commission of Cardinals on the Institute for the Works of Religion -- popularly known as the Vatican Bank -- met this morning in order to “draw up guidelines for their action, …read more