Francesco Federico

Was Pope Benedict SWIFTed?
30. September 2015
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Hilary White had a fascinating item regarding Pope Benedict XVI’s resignation. The post can be read here. There’s a link to her blog in the sidebar and I hope you will explore her writings, just for the pleasure of her sharp wit and solidly Catholic perspective.
After I read the article, I checked out her source, Maurizio Blondet’s blog. That link takes you to his full article, excerpts of which I reproduce here. Excuse the microsoft translate.
From Maurizio Blondet, “Ratzinger Could Neither Sell Nor Buy”.
When, in February 2013, Pope Benedict XVI resigned suddenly and inexplicably, the IOR (Vatican Bank) had been excluded from SWIFT; thus, all the Vatican payments were made impossible, and the Church was treated as a state-terrorist (secondum America), such as Iran. It was the economic ruin, well prepared by a violent campaign against the IOR, which was confirmed by the opening of criminal investigations of the Italian judiciary (which …More

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L'invalidité de la démission du Pape Benoit XVI / the invalid resignation of Pope Benedict XVI

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Dr Bobus

I don't know about the rest of the article, but it wrong that relations between the US and the Vatican have always been bad. They were very good under Reagan (when diplomatic relations with the Vatican started), esp with William Casey, a conservative Catholic who headed CIA.
Under Clinton relations were strained, due largely to JPII's continuing global opposition to abortion.