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Vatican Bank needs more transparency, regulators say

(RNS) The scandal-plagued Vatican Bank still has a long way to go in order to comply with international standards for independent oversight and financial transparency, according to a status report from European officials released Wednesday (July 18). By David Gibson.
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COMMENTARY: Despite doubters, mainline Protestant churches are poised for success

(RNS) Conservative commentators like Rupert Murdoch's stable and Ross Douthat of The New York Times are feasting on what they perceive as the "death" of "liberal Christianity." Their next round of emotional and financial blackmail won't find much of an audience. By Tom Ehrich.
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Gallup reports new low in religious confidence

(RNS) Americans’ confidence in organized religion, slowly but steadily declining since the 1970s, slipped to a new low in the latest survey, the Gallup Organization reported. By Bruce Nolan.
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Vatican says disgraced Legion of Christ needs a new identity

VATICAN CITY (RNS) The disgraced Legion of Christ religious order needs to rethink its identity, according to the papal envoy in charge of the group's overhaul. By Alessandro Speciale.
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COMMENTARY: Opening doors and liberating churches from ‘sacred spaces’

(RNS) Although church conventions tend to get attention for decisions on sexuality and gender, I am more intrigued by a movement among Episcopalians to sell their national headquarters building in New York City. More open doors, I say, and more out-there ministry in a dangerous world. By Tom Ehrich.
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The Vatican blames market decline for $20 million deficit

VATICAN CITY (RNS) The Vatican posted its highest loss in more than a decade last year, blaming mostly the "negative trend of global financial markets." But the Vatican City State, which is run by a different administration, reported a sizable profit, thanks to the record numbers of the Vatican Museums. By Alessandro Speciale.
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Vatican bank touts transparency amid scandals

VATICAN CITY (RNS) As European financial regulators meet in Strasbourg, France, the Vatican is bracing for a decision that could determine the success of its years-long drive to adopt international financial transparency standards. By Alessandro Speciale.
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German archbishop appointed new head of Vatican’s doctrine office

VATICAN CITY (RNS) Pope Benedict XVI has tapped a fellow German to lead the Vatican doctrinal office he headed for 24 years before being elected to the papacy. By Alessandro Speciale.
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Leontine T.C. Kelly, pioneering African-American woman bishop, dies at 92

(RNS)  Retired United Methodist Bishop Leontine T.C. Kelly, the first African-American woman elected to the episcopacy by a major religious denomination, died Thursday (June 28). The teacher, pastoral leader and activist was considered a pioneer for her ministry of more than two decades. She was 92. By B. Denise Hawkins.
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Christian Churches Together chooses new executive director

(RNS) Christian Churches Together in the USA, a 10-year-old ecumenical network, has chosen a Presbyterian as their new executive director. By Adelle M. Banks.
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