Financial

Vatican Tribunal Rejects Auditor’s Wrongful Termination Lawsuit, Exposes Pope Francis’ Financial Reforms

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ROME (AP) — The Vatican tribunal has dismissed a wrongful termination lawsuit filed by the Holy See’s former auditor general, shedding light on the dark side of Pope Francis’ financial reforms. Libero Milone and his late deputy had alleged that they were forced to resign in 2017 after being extorted by Vatican police. They claimed that they faced the risk of arrest and prosecution for their work investigating the Holy See’s finances. The tribunal’s decision, released on Wednesday, rejected their claims and ordered them to pay restitution. The main target of the lawsuit, the Vatican … Read more

From Riches to Rags: Miami Attorney Blames Dog Drugs for Financial Downfall

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MIAMI (AP) — A once prosperous Miami attorney has found himself in dire financial straits due to a devastating addiction to dog drugs. In a candid confession that highlights the dangers of substance abuse, the attorney revealed how his life took a dramatic turn for the worse. The downward spiral began when he discovered a network of underground dog drug dealers in Miami. Intrigued by the potential profits, he decided to venture into this illicit trade, confident that he could handle the risks. He started dealing drugs for dogs, providing them with prescription medications and … Read more

Trump Faces Trial as Jury Determines Financial Consequences for Defamatory Comments

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New York City, NY – Former President Donald Trump appeared in court for the start of a trial on Tuesday, facing a defamation lawsuit brought by writer E. Jean Carroll. Trump was absent from the previous trial in May, where he was found liable for sexually abusing Carroll and ordered to pay $5 million in damages. The current trial will solely focus on the amount of money Trump must pay Carroll for his comments about her during his presidency in 2019. Before jury selection began, it was established that Trump had sexually assaulted Carroll, a … Read more

Pope Francis Implements Crucial Financial Reforms for Vatican Administration and City-State

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Vatican City – Pope Francis has issued two new apostolic letters, bringing changes to the financial regulations for Vatican curial offices and the Vatican city state. These amendments aim to streamline and update existing laws while aligning them with the pope’s 2021 apostolic constitution, Praedicate evangelium, which focuses on the governance of the Roman curia. One significant change introduced by Pope Francis is the establishment of a new threshold for acts of “extraordinary administration.” These are major financial decisions that could potentially impact the stability of an institution’s assets. Previously, dioceses worldwide had their financial … Read more