looking beyond borders

foreign policy and global economy

The Next Pope Will Need a Good Head for Business

Memo to the College of Cardinals: You didn’t ask our advice, so we won’t give it, on the person you should choose as the next spiritual leader of the world’s 1.2 billion Catholics. But whoever it is, could you please ask him to get the ATMs in the Vatican Museum working again?

The Bank of Italy last month shut down all ATMs in the Vatican and blocked its museum’s ticket windows and shops from accepting debit and credit-card payments from visitors. It was the latest chapter in a messy scandal involving the Vatican Bank, which regulators say has failed to comply with international banking standards and money-laundering regulations.

Read Here – Buesinessweek

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