Vatican City, Oct 6, 2025 (AFP) - Pope Leo loosens Vatican financial reins

NAMPA / AFP

2025-10-06

Pope Leo XIV on Monday loosened the Vatican's rules on financial investments, rolling back a reform introduced by his predecessor Francis. In a "Motu Proprio", or legal change, the US pope repealed Francis's 2022 order that the Institute for Religious Works (IOR) -- the so-called Vatican Bank -- should have exclusive competence over managing the Holy See's financial and liquid assets. The late Argentine pontiff ordered the change after a series o......

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WINDHOEK, 05 October 2025 – Elite female cyclist Anri Greef (left) and Junior cyclist Roger Suren pose for a photo along the A1 highway after winning their diferent categories during the 26th edition of the Namibian Cycle Classic that saw over 500 riders, who competed across three categories: 25 kilometres (km), 60km, and 100km. (Photo by: Hesron Kapanga) NAMPA

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WINDHOEK, 05 October 2025 – Elite female cyclist Anri Greef while crossing the line in the A1 highway during the 26th edition of the Namibian Cycle Classic that saw over 500 riders, who competed across three categories: 25 kilometres (km), 60km, and 100km. Greef was crowned winner of the elite women's category. (Photo by: Hesron Kapanga) NAMPA

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WINDHOEK, 05 October 2025 – Junior cyclist Roger Suren while crossing the line in the A1 highway during the 26th edition of the Namibian Cycle Classic that saw over 500 riders, who competed across three categories: 25 kilometres (km), 60km, and 100km. Suren was crowned winner of the elite men's category. (Photo by: Hesron Kapanga) NAMPA

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