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Vatican Bank Releases Balance Sheet (1857)

The publication of its 2013 financial statement concludes the first step of an ongoing reform to improve financial transparency at the Vatican.

07/08/2014 Comment
File Photo/CNA

The Institute for Religious Works, popularly known as the Vatican Bank

– File Photo/CNA

VATICAN CITY — The Institute for the Works of Religion, informally known as the “Vatican Bank,” published its 2013 financial statement Tuesday, concluding the first step of an ongoing reform to improve financial transparency at the Vatican.

The issuance of the balance sheet closed Phase 1 of the reform of the Vatican Bank, the Italian acronym for which is IOR.

“As set out in May 2013, we have focused on making the IOR compliant with financial regulation, safer and more transparent, so as to create options for the Holy Father to decide on the future of the Institute,” Ernst von Freyberg, president of the board, said July 8. “Through this work, we have laid the ground for a new team to make...READ MORE

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Calabrian Police Take Anti-Mafia Stand Following Pope’s Visit (8442)

After a Marian procession paused to bow in front of the house of a local mafia leader, police accompanying the procession left and reported the incident to anti-mafia prosecutors.

07/08/2014 Comments (5)
Daniel Ibáñez/CNA

Italian Carabinieri police participate in a June 6 audience with Pope Francis.

– Daniel Ibáñez/CNA

VATICAN CITY — Two weeks after Pope Francis’ harsh condemnation of mafia corruption in the Italian region of Calabria, police abandoned a Marian procession that paused to bow in front of the house of a mafia leader.

According to Italian news agency ANSA, anti-mafia activists in southern Calabria have officially opened an investigation regarding a July 2 procession in the town of Oppido Mamertina that involved carrying a statue of the Virgin Mary.

In the midst of the route, the procession paused in front of the home of local mafia leader Peppe Mazzagatti, 82, who is currently serving a life sentence and is under house arrest due to health reasons. Those bearing the Marian statue made a...READ MORE

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Global Rosary Relay Unites Faithful in Prayer for Priests (2168)

Over the course of 24 hours, faithful in churches and shrines in 46 countries prayed for holy priests.

07/08/2014 Comments (3)

– Shutterstock

WASHINGTON — Catholics throughout the world joined together on June 27 to ask for the intercession of the Blessed Mother in a 24-hour Rosary initiative for World Priest Day.

“Be assured that I will offer my praying of the holy Rosary for the sanctification of priests,” Cardinal Raymond Burke, prefect of the Supreme Tribunal of the Apostolic Signatura, wrote in announcing that he would participate in the day of prayer.

“The sanctification of priests is a daily intention in my prayers, and, therefore, I am happy to participate in this global prayer for priests,” he added.

The Annual Global Rosary Relay is an initiative for World Priest Day, a day of prayer and sanctification established by...READ MORE

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The Catholic Church Must Remain Free to Serve Others, Archbishop Kurtz Says (2368)

At the Mass that brought the 2014 Fortnight for Freedom to a conclusion, Archbishop Kurtz specifically cited the work of the Little Sister of the Poor, who continue to fight the government’s contraception mandate.

07/08/2014 Comments (4)
CNA/El Pueblo Catolico/James Baca

Arranging flowers at the Little Sisters of the Poor Mullen Home, one of the institutions serving through the maintenance of religious liberty.

– CNA/El Pueblo Catolico/James Baca

WASHINGTON — Catholics must come together to protect the work of the Church’s charities and services, said the U.S. bishops’ president as the annual "Fortnight for Freedom" came to a close on Friday.

“We must remain free to serve these most vulnerable of our sisters and brothers, without risk of government sanction,” said Archbishop Joseph Kurtz of Louisville, Ky., during a July 4 Mass at the National Shrine of the Immaculate Conception in Washington.

Archbishop Kurtz joined the principal celebrant of the Mass, Cardinal Donald Wuerl of Washington, in closing the third Fortnight for Freedom — a period of prayer, education and action to promote a greater respect for religious liberty, both...READ MORE

Filed under archbishop joseph kurtz, cardinal donald wuerl, catholic charities, catholic faith, catholic social teaching, fortnight for freedom, little sisters of the poor

Franciscan University Professor to Return to Ukraine on Fulbright Fellowship (4594)

At a crucial time in the European nation’s history, Alexander Sich will teach classes at the Ukrainian Catholic University in Lviv.

07/08/2014 Comments (7)
Franciscan University of Steubenville

Franciscan University professor Alexander Sich

– Franciscan University of Steubenville

Alexander Sich, a professor of physics and pre-engineering at Ohio’s Franciscan University of Steubenville, who has lived and worked in Ukraine, will return to the eastern European nation next month as the recipient of a Fulbright Teaching and Research Fellowship.

During the 2014-2015 academic year, Sich, who speaks both Ukrainian and Russian, will be teaching classes and doing research on the philosophy of nature at the Ukrainian Catholic University in Lviv, the first Catholic university in the territory of the former Soviet Union. Sich spoke with Register correspondent Judy Roberts about his work and his hopes for Ukraine.


How did you become interested in Ukraine?

My parents are...READ MORE

Filed under catholic church, catholic faith, franciscan university of steubenville, russia, st. john paul ii, ukraine

Eucharist as the Sacrament of Transformation, Cardinal Ratzinger on Homosexuality and Much More! (4622)

The Best in Catholic Blogging

07/08/2014 Comment

Follow Eucharist as the Sacrament of Transformations (Pope Emeritus Benedict XVI) by Father Donncha Ó. Haodha of Homiletic & Pastoral Review to read more.

Eucharist as the Sacrament of Transformations (Pope Emeritus Benedict XVI) – Father Donncha Ó. Haodha, Homiletic & Pastoral Review

15 Quotes from Cardinal Ratzinger’s Letter to Bishops on Homosexuality via Saint Peter's List - BigPulpit.com

Captain Francis: The Pope and Sports – Father James V. Schall SJ, The Catholic World Report

A Feast of Catholic Learning - Kevin Aldrich, Catholic Stand

Why Would God Allow Suffering Caused by Nature? – Father Robert Spitzer, Strange Notions

Dear Cardinal Dolan: Don’t Lose Your Innocents by Sarah Duggan - BigPulpit.com

Fulton Sheen and The Miracle of Baby James – Madeleine Teahan, The Catholic Herald

The “Wow” Factor – T. J. Burdick, Ignitum Today...READ MORE

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Forgiveness: The Greatest Witness of St. Maria Goretti (2854)

The 11-year-old saint forgave her killer, an example the faithful should emulate, shrine rector says.

07/07/2014 Comment

Nettuno, Italy -- Following St. Maria Goretti’s feast day, the rector of the basilica where her body resides stated that her willingness to forgive is her most prominent testimony and that her virtue is an example for family life.

 Maria’s greatest witness is forgiveness, Father Giovanni Alberti told CNA July 7.

 Father Alberti has been rector of the Basilica of the Mother of Grace and of St. Maria Goretti in Nottuno, Italy, for the past six years. He said the assignment is “a great responsibility and a call to live with great simplicity.”

The saint’s July 6 feast day included a large procession beginning at the basilica and lasting six miles to the house where she grew up. Some 4,000...READ MORE

Filed under saints, st. maria goretti, forgiveness

Pope Francis Begs Forgiveness From Clergy-Abuse Victims (8354)

Meeting with six abuse victims at his Vatican residence, the Holy Father expressed ‘sorrow for the sins and grave crimes of clerical sexual abuse committed against you.’

07/07/2014 Comments (4)
Daniel Ibáñez/CNA

– Daniel Ibáñez/CNA

VATICAN CITY — Pope Francis, in his first Vatican meeting with sex-abuse victims, asked forgiveness for the Church’s sins of omission in sex-abuse scandals and denounced sex abuse by clergy as “execrable acts.”

The meeting took place July 7 at the Pope’s Casa Santa Marta residence. Six victims attended: three men and three women. Two were Irish, two were British, and two were German.

They arrived in Rome Sunday evening and took part in Pope Francis’ Monday morning Mass at his residence. They had breakfast together with the Pope and then met with him individually for an average time of half an hour each, communicating with the help of an interpreter.

In his homily, Pope Francis stressed...READ MORE

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