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Pope Francis Accepts Resignation of Cardinal Named in Vatican Financial Scandals

Pope Francis Accepts Resignation of Cardinal Named in Vatican Financial Scandals VATICAN CITY (RNS) Pope Francis accepted the resignation of high ranking-prelate Cardinal Angelo Becciu from his role as the head of the Vaticans Congregation for the Causes of Saints, along with the rights of Beccius cardinals title, on Thursday (Sept. 24).The Vatican informed journalists... Read more

Tough financial forecast for Britain’s Baptists

The Baptist Union of Great Britain (BUGB) is facing a challenging decade ahead as it struggles with declining income. The difficult financial forecast was presented by Treasurer John Levick at a pared down version of the BUGB's annual General Assembly held online on Wednesday night after the original gathering was cancelled earlier this year due... Read more

Chinese officials offer financial rewards to spy on underground church

(Photo: Unsplash/Peiheng Yang)Chinese officials are offering citizens financial rewards to snoop on "illegal religious activity venues."  Bitter Winter reports that officials in Gushi county, Henan province, have offered citizens 500 RMB (around $70 or 57) to provide evidence like photos, videos and audio recordings.  Rewards are reportedly being offered to residents in the cities of Mengzhou,... Read more

Financial impact of Covid has been ‘catastrophic’, says Diocese of Sodor and Man

The Diocese of Sodor and Man will run out of money in five years "maximum", according to the report(Photo: Facebook/Diocese of Sodor and Man)Covid-19 has left the Diocese of Sodor and Man in dire financial straits, a new report reveals.  The concerns are laid out in the Diocesan Strategy for Church Buildings 2020, which warns... Read more

Six women appointed to Vatican’s previously all-male financial body

St Peter's Square and Basilica(Photo: Unsplash/Kvin LanglaisPope Francis has appointed six women to a high-level group that oversees financial matters in Vatican City that was previously only comprised of men. The head of the Roman Catholic Church appointed the six women to the Council for the Economy, which was created in 2014 by the pontiff.... Read more

With Two Swift Moves, Pope Francis Rekindles Hope for Financial Reform

With Two Swift Moves, Pope Francis Rekindles Hope for Financial Reform VATICAN CITY (RNS) Tranquil on its surface, as COVID-19 has shut down nearly all activity in its churches, museums and offices, the Vatican has nonetheless been quietly dealing with its troubled finances during the pandemic. The worlds smallest state relies for revenue on... Read more

What Genesis 41 Can Teach Your Church About Financial Aid During a Pandemic

Over the past six weeks, 30.3 million workersrepresenting roughly 18.6 percent of the U.S. labor forcehave been laid off or furloughed from their jobs because of the COVID-19 pandemic. For most of these workers, their unemployment has come suddenly and unexpectedly. Few were prepared for the economic hardship and uncertainty they are now facing. The... Read more

Lebanon protests resume as monetary disaster worsens – Mission Community Information

[ad_1] Lebanon (MNN) As protests resume, Lebanese Christians assist these in want and be part of the World Church in prayer and unity. We reported yesterday that Lebanon has reinstituted a nationwide lockdown to comprise COVID-19 instances after a latest spike. However financial troubles have additionally plagued the nation, and residents have been protesting since... Read more

Sudan faces ever-escalating want, requests monetary assist – Mission Community Information

[ad_1] Sudan (MNN) — Leaders of Sudans interim authorities say theyll want $5 billion in monetary assist to keep away from financial collapse and launch reforms. Sudans designation by the U.S. as a state sponsor of terrorism makes it ineligible for debt aid and financing from the IMF and World Financial institution, Reuters reviews. Political... Read more