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A 2012 report from the Council of Europe identified the value of a section of the Vatican's property assets as an amount in excess of €680 million (£570 million); as of January 2013, a papal official in Rome named Paolo Mennini manages this portion of the Holy See's assets—consisting of British investments, other European holdings and a ...
Vatican City: Catholicism: Not available due to widespread properties globally. [18] [19] [20] See also. Individuals. Forbes list of billionaires;
Graham, Robert, Vatican Diplomacy: A Study of Church and State on the International Plane (1959) Ireland, Gordon, “The State of the City of the Vatican,” 27 American Journal of International Law 271 (1933). Kunz, Josef L., “The Status of the Holy See in International Law,” 46 American Journal of International Law 308 (1952)
Considering stock market conditions and a recent Rothschild offer to Egypt to refinance its debt, Tosti attempted to refinance the debt in more favorable terms; Rothschild opposed such an early refinance, fearing losses to his own bank and disrepute to Vatican bond issuances. [5]
The economy of Vatican City is mainly supported financially by the sale of stamps, coins, medals, and tourist mementos as well as fees for admission to museums and publication sales. Vatican City employed 4,822 people in 2016.
For premium support please call: 800-290-4726 more ways to reach us. ... Say you have a total of $800,000 in assets and $300,000 in liabilities. Your net worth would be $800,000 less $300,000 ...
The politics of Vatican City take place in a framework of a theocratic absolute elective monarchy, in which the Pope, religiously speaking, the leader of the Catholic Church and Bishop of Rome, exercises ex officio supreme legislative, executive, and judicial power over the Vatican City as it is being governed by the Holy See, [1] a rare case ...
He also claimed that Muraresku had "smuggled 10 copies" of the book into the Vatican. Muraresku, who by Richards' account "just appeared in my backyard one day," is "a wonderful guy," Richards says.