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The Financial Mess Facing the Vatican

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Manage episode 481224536 series 2518362
Content provided by The Wall Street Journal. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Wall Street Journal or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Just days before his death, Pope Francis wrestled with an enormous problem: the Vatican’s dire finances. The world’s smallest country is now facing a budget deficit of millions, and a looming crisis in its pension fund. As the Papal conclave meets this week to vote for a new leader, WSJ’s Drew Hinshaw pieces through how centuries of financial mismanagement have culminated into a mess that the next pope will inherit. Jessica Mendoza hosts.

Further Listening:

- Pope Francis Has Died. What’s Next for the Catholic Church?

- The Mormon Church’s $100 Billion Secret Fund

Sign up for WSJ’s free What’s News newsletter.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

1495 episodes

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The Financial Mess Facing the Vatican

The Journal.

1,960 subscribers

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Manage episode 481224536 series 2518362
Content provided by The Wall Street Journal. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Wall Street Journal or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Just days before his death, Pope Francis wrestled with an enormous problem: the Vatican’s dire finances. The world’s smallest country is now facing a budget deficit of millions, and a looming crisis in its pension fund. As the Papal conclave meets this week to vote for a new leader, WSJ’s Drew Hinshaw pieces through how centuries of financial mismanagement have culminated into a mess that the next pope will inherit. Jessica Mendoza hosts.

Further Listening:

- Pope Francis Has Died. What’s Next for the Catholic Church?

- The Mormon Church’s $100 Billion Secret Fund

Sign up for WSJ’s free What’s News newsletter.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

1495 episodes

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