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    Aug 20, 2014

    Faith, prayer sources of strength for slain U.S. journalist, his family

    By Catholic News Service

    (CNS photo/Nicole Tung, courtesy of Global Post via EPA)

    ROCHESTER, N.H. (CNS) -- In April 2013, the parents of slain U.S. journalist James Foley (pictured at left and below right) attended a prayer vigil at Marquette University in Milwaukee to pray for their son, who at that time had disappeared in Syria.

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    Aug 20, 2014

    Elderly Iraqi Christians defy terrorists, flee to camp

    By Simon Caldwell
    Catholic News Service
    (CNS photo/Morris Bernard, UNHCR, handout via EPA)

    MANCHESTER, England (CNS) -- A group of 11 sick, disabled and elderly Iraqi Christians --including an 80-year-old woman with breast cancer -- defied terrorists who ordered them to convert to Islam or be beheaded, saying they preferred death to giving up their faith.

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    Aug 20, 2014

    Pope thanks people for prayers for his family after deadly crash


    (CNS photos/Alessandro Bianchi, Reuters) 

    By Cindy Wooden, Catholic News Service
    VATICAN CITY (CNS) -- Pope Francis, in mourning for the deaths of his nephew's wife and two small children, thanked people at his

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    Aug 19, 2014

    St. Louis archbishop urges prayers for peace to calm chaos in streets


    (CNS photos/Lisa Johnston, St. Louis Review

    By Catholic News Service
    ST. LOUIS (CNS) -- Residents of Ferguson "are struggling to find peace in the chaos" that has followed the shooting death of an unarmed teen


Jun 5, 2014

Pope internationalizes Vatican financial watchdog agency


 

WORLD

By Carol Glatz
Catholic News Service
(CNS file photo/Paul Haring)

VATICAN CITY (CNS) -- Pope Francis named a slate of new members to the Vatican's financial watchdog agency, replacing an all-Italian panel with members from Italy, Switzerland, Singapore and the United States.

Cardinal Pietro Parolin, Vatican secretary of state, also promoted Tommaso Di Ruzza, an Italian, to be the agency's "ad interim" vice-director. A former official at the Pontifical Council for Justice and Peace, Di Ruzza had been an assistant at the financial authority, which is directed by Rene Brulhart.

The Vatican made the announcements June 5.

Pope Benedict XVI established the Financial Intelligence Authority in late 2010 to monitor Vatican financial operations and ensure they met international norms against money laundering and the financing of terrorism.

In November 2013, Pope Francis revised the agency's statutes. He clarified the roles of the authority's president, board of directors and director, and specified that it would have two separate offices: one concerned with supervision and regulation, the other with financial intelligence.

New finance laws passed in October formally expanded the competence of the Financial Intelligence Authority by including the task of "preventive" vigilance, which involves ensuring the proper organization and trustworthiness of all Vatican financial operations.

As part of the restructuring, Pope Francis thanked the departing five executive council members, who had been named by Pope Benedict in 2011.

The new members, named for a five-year term, are:

-- Juan C. Zarate, a U.S. senior adviser at the Center for Strategic and International Studies and visiting lecturer at Harvard Law School. He is also works as a national security and financial integrity consultant, once serving the U.S. government from 2005 to 2009 as deputy national security adviser for combating terrorism.

-- Maria Bianca Farina, a top Italian administrator at the Italian postal system's investment and insurance divisions, Poste Vita and Poste Assicura. She is an expert in tax audits and investment management.

-- Marc Odendall, a Swiss-based philanthropist and chairman of the Odendall Foundation. A former financier who has worked at JPMorgan and Merrill Lynch Capital Markets, he has served as chairman of the International Ethics Board of EDHEC Business School and is a board member of the Caritas in Veritate Foundation.

-- Joseph Yubaraj Pillay, chairman of the Council of Presidential Advisers of the Republic of Singapore and of Tiger Airways Holdings. He formerly served as chairman of Singapore Airlines and of the Singapore stock exchange.