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The Vatican Finances Explained

Pope Dimon

As Pope Francis assumes leadership of the world's 1.2 billion Catholics, he's got his work cut out for him on many fronts, not the least of which is the Vatican's finances.

The Pope Resigns

The Pope

Pope Benedict said on Monday he will resign on February 28 because he no longer has the strength to fulfil the duties of his office, becoming the first pontiff since the Middle Ages to take such a step.

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The Pope

The Pope Resigns

Pope Benedict said on Monday he will resign on February 28 because he no longer has the strength to fulfil the duties of his office, becoming the first pontiff since the Middle Ages to take such a step.