Italian authorities issued an arrest warrant for Gianluigi Torzi, an Italian broker who served as the middleman in the Vatican's majority stake purchase of a property in London's posh Chelsea district.

VATICAN CITY -- The Vatican announced that it withdrew an arrest and extradition request for an Italian political analyst, who allegedly was hired as a consultant by Cardinal Angelo Becciu and is now accused of embezzlement.

VATICAN CITY -- Italian Cardinal Giovanni Angelo Becciu, prefect of the Congregation for Saints' Causes, denied allegations that money earmarked for helping the poor was used to invest in a London property deal.

VATICAN CITY -- The decade-long process of updating the laws of Vatican City State is part of the Vatican's support for international commitments to protect people and safeguard vulnerable groups, who are "frequently the victims of new, odious forms of illegality," Pope Francis said.

WASHINGTON -- Recent media coverage that points to potential financial misdealing at the Vatican is creating misperceptions about corruption and fails to adequately explain how the fluid world of financial investing works, said the authors of an article published in a University of Notre Dame journal.

VATICAN CITY -- Pope Francis has appointed a retired anti-Mafia prosecutor to head the Vatican City State's judicial system.