“A few years ago, it occurred to me to say that we are experiencing a third world war fought piecemeal,” the pope told La Civilta Cattolica in June. “Today, for me, World War III has been declared.”
The announcement comes weeks after he called on Catholic churches globally to send their funds to the Vatican.
His rescript stated, “financial and liquid assets held in banks other than the IOR must be moved to the Vatican Bank within 30 days of Sept. 1, 2022.” The IOR’s profits were cut in the wake of COVID even as the rest of the world recovered.
His order requires Holy See institutions, which works with both religious and private organizations, to transfer its assets to the Vatican by the end of this month.
He has also expressed doubts about President Biden’s coherence, signaling that he may not have faith in the world’s superpower to lead effectively during another global war.
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