The Vatican remains the home of the pope and the Roman Curia, and the spiritual center for some 1.2 billion followers of the Catholic Church. The world’s smallest independent nation-state, it covers 109 acres within a 2-mile border, and possesses another 160 acres of holdings in remote locations.
Bankers’ best guesses about the Vatican’s wealth put it at $10 billion to $15 billion. Of this wealth, Italian stockholdings alone run to $1.6 billion, 15% of the value of listed shares on the Italian market. The Vatican has big investments in banking, insurance, chemicals, steel, construction, real estate.
The Vatican City State has never had independent armed forces, but it has always had a de facto military provided by the armed forces of the Holy See: the Pontifical Swiss Guard, the Noble Guard, the Palatine Guard, and the Papal Gendarmerie Corps.
1. Roman Catholic Church: 70 million hectares. The largest landowner in the world is not a major oil magnate or a real estate investor. … According to lovemoney.com, the church owns more than 70 million hectares.
The pope will not be affected by the cuts, because he does not receive a salary. “As an absolute monarch, he has everything at his disposal and nothing at his disposal,” Mr. Muolo said. “He doesn’t need an income, because he has everything that he needs.”
4. It has its own euro. The Vatican and Italy signed an agreement in 2000, enabling the Holy See to adopt the euro as its official currency and to mint its own euro coins from 2002. Vatican euros are legal tender now both in the Vatican City and Italy and they can be circulated freely throughout the entire eurozone.Jun 7, 2016
“The Vatican has billions of shares in the most powerful international corporations such as Gulf Oil, Shell, General Motors, Bethlehem Steel, General Electric, International Business Machines, T.W.A., etc.” (…)
For years, the Vatican’s justice system has been equal parts limited and obscure. The church has tended to emphasize spiritual penitence over penitentiaries. The city-state has just three prison cells. Its tribunal has rarely held criminal trials.
The State of Vatican City is an enclave country which lies entirely within Rome, the capital of Italy. The responsibility for defending the state from an aggressor lies primarily with Italy’s armed forces. Vatican City has no armed forces.
As there are no hospitals in the Vatican State, virtually no one is born in there. Instead, Vatican citizenship is provided on a ‘jus officii’ basis. This means someone is made a citizen of the Vatican when they are appointed to work in the Holy See.
ROME — The Vatican has secured the use of the new Internet domain name “. catholic,” but bloggers hoping that platform could ramp up their own digital pulpit will be disappointed — the Holy See says it’ll be reserved for church-related organizations, not individuals.
The word “#Vatican” literally means “Divining Serpent,” and is derived from Vatis = Diviner and Can = Serpent. VaticanCity and St. Peter’s Basilica were built on the ancient pagan site called in Latin vaticanus mons or vaticanus collis, which means hill or mountain of prophecy.
Peter, traditionally considered the first pope.
The Oxford Dictionary of Popes declares that there is “no contemporary evidence for a female Pope at any of the dates suggested for her reign“, but nonetheless acknowledges that Pope Joan’s legend was widely believed for centuries, even by Catholics.
The Vatican citizenship is quite unique, not based on birth or blood but granted only to those who reside and work for Vatican office. Cardinals who live in Vatican City or Rome, as well as diplomats of the Holy See, are also considered citizens. … Vatican allows keeping dual citizenship.
|Born||17 December 1936 Buenos Aires, Argentina|
|Nationality||Argentine (with Vatican citizenship)|
|Residence||Domus Sanctae Marthae|
It is valued at $650,000. Both the ring and the cross are engraved with the Christian Chi Rho symbol, which indicates that both were most probably made by Vatican jewelers in the early 1900′s with existing jewels from the Vatican’s own collection, Bill Rau said.
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