You choose, we deliver
If you are interested in this story, you might be interested in others from The Journal Gazette. Go to www.journalgazette.net/newsletter and pick the subjects you care most about. We'll deliver your customized daily news report at 3 a.m. Fort Wayne time, right to your email.

World

  • Ukraine says its fighter jet shot down
     KIEV, Ukraine – Ukrainian forces say one of their fighter jets has been shot down by a Russian missile in combat against Russia-backed separatists in eastern Ukraine.
  • Resident: Lesotho military occupies police station
     JOHANNESBURG – A security guard in the capital of Lesotho says the military has occupied police stations there and are moving to other districts.
  • 11 of 24 trapped gold miners rescued in Nicaragua
      BONANZA, Nicaragua – The first 11 of 24 freelance gold miners trapped by a collapse in a mine in northern Nicaragua have been rescued and crews were working early Saturday to free more, officials said.
Advertisement

Vatican bank report takes step toward transparency

VATICAN CITY – The Vatican has taken another step in its efforts to be more financially transparent by publishing a first-ever annual report for the secretive Vatican bank. It was published as Italian prosecutors investigate alleged money-laundering there, a Vatican monsignor remains in detention and the pope probes the problems that have brought such scandal to the institution.

According to the report Tuesday, earnings at the Institute for Religious Works rose more than four-fold in 2012 to $116.95 million as net trading income rebounded from a loss in 2011.

The picture may not be so rosy for 2013, with rising interest rates cutting profits and millions earmarked for the IOR’s transparency process, which has involved hiring outside experts to revamp its procedures, review its client base and remake its image.

Advertisement