IBOV 188,182.75 ▲ 1.64% IPSA 11,315.26 ▼ 1.14% IPC MEX 65,010.39 ▲ 0.44% MERVAL 3,066,449 ▲ 1.05% COLCAP 2,565.10 ▼ 0.02% BVL PERÚ 59,620.96 ▼ 0.05% USD/BRL5.09▼ 0.74% USD/MXN16.91▲ 0.01% USD/CLP923.98▼ 1.13% USD/COP3,105▼ 0.74% USD/PEN3.35▼ 0.18% USD/ARS1,511▼ 0.08% USD/UYU40.22▲ 1.23% USD/PYG5,892▲ 0.36% USD/BOB12.45▲ 2.03% USD/DOP58.50▼ 0.01% USD/CRC446.50▲ 1.13% USD/GTQ7.64▲ 2.32% USD/HNL26.84▲ 1.63% USD/NIO36.62▲ 0.69% USD/VES812.65▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.71▲ 1.03% EUR/BRL5.92▼ 0.55% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 188,182.75 ▲ 1.64% IPSA 11,315.26 ▼ 1.14% IPC MEX 65,010.39 ▲ 0.44% MERVAL 3,066,449 ▲ 1.05% COLCAP 2,565.10 ▼ 0.02% BVL PERÚ 59,620.96 ▼ 0.05% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Tuesday, September 8, 2026

Pope Francis Dies at 88: Papacy Leaves Lasting Mark on Church, Society, and Vatican Finances

By · April 21, 2025 · 3 min read

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Vatican City confirmed the death of Pope Francis on April 21, 2025, at age 88, ending a 12-year papacy that reshaped the Catholic Church and its global profile. Francis, born Jorge Mario Bergoglio in Buenos Aires, became the first Latin American and Jesuit pope in 2013.

His passing, announced by Cardinal Kevin Farrell, follows a prolonged respiratory illness and comes less than a day after his final public appearance, where he struggled to address crowds but maintained his hallmark calls for peace and dialogue.

Francis inherited a Church facing deep internal crisis. The Vatican’s finances were opaque, and the institution reeled from ongoing sexual abuse scandals.

He acted quickly to address these challenges, launching reforms that targeted financial corruption and increased transparency in the Vatican Bank.

He fired high-ranking officials, including Cardinal Angelo Becciu, over financial misconduct, and restructured the Roman Curia to streamline governance.

Pope Francis Dies at 88: Papacy Leaves Lasting Mark on Church, Society, and Vatican Finances.
Pope Francis Dies at 88: Papacy Leaves Lasting Mark on Church, Society, and Vatican Finances.
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These moves unsettled entrenched interests within the Vatican and sparked resistance among traditionalists.

The pope’s approach to leadership broke with centuries of tradition. He refused the luxurious papal apartments, choosing instead to live in a guesthouse. He traveled in modest vehicles, signaling a shift toward humility and accessibility.

Francis also pushed for broader participation in Church governance, opening senior Vatican roles to laypeople, including women, though critics argued these reforms did not go far enough.

Pope Francis Dies at 88: Papacy Leaves Lasting Mark on Church, Society, and Vatican Finances

Francis’s tenure also saw the Church take a more vocal stance on global issues. He issued the influential encyclical *Laudato Si’* in 2015, calling for urgent action on climate change and positioning the Vatican as a moral voice in environmental debates.

He repeatedly criticized unregulated capitalism, warning it “kills” the poor, and advocated for migrants and refugees, comparing some detention centers to “concentration camps.”

These positions generated friction with conservative political and business leaders, particularly in the United States.

Pope Francis Faces Long Recovery After Severe Pneumonia Battle

Despite his progressive tone, Francis held firm on core Catholic teachings. He did not change the Church’s positions on abortion, same-sex marriage, or women’s ordination, disappointing some reformists.

Yet, his appointments of more progressive cardinals and bishops shifted the Church’s internal culture and increased the likelihood that his successor will continue his agenda.

Francis’s papacy was not without controversy. His handling of the sexual abuse crisis drew criticism for lacking decisive follow-through, even as he removed bishops and created new accountability measures.

His past in Argentina during the military dictatorship also faced scrutiny, though human rights defenders found no evidence of wrongdoing.

The pope’s death leaves the Vatican at a crossroads. Nearly 70% of cardinal electors owe their positions to Francis, suggesting the next leader may continue his reformist trajectory.

His legacy—marked by efforts to modernize Vatican finances, champion social justice, and navigate internal division—will shape the Church’s direction for years to come.

 

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error

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