Vatican City crisis: The world’s smallest country on the brink of poverty…

The Vatican reported an operating loss of $87 million in 2023, up $5.3 million from the previous year. It is one of the largest pillars in the history of the Vatican. Pope Francis himself has admitted that the Vatican is in trouble. He said, “The current system is unable to meet the pension obligations of future generations in the medium term. We are facing serious and complex problems, which may worsen if not addressed in time.