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Thousands of Scottish businesses could be saved from bankruptcy thanks to an extension from the Scottish Government to a scheme for individuals struggling with debt to businesses.
VATICAN CITY (RNS) One of the largest Franciscan religious orders, founded on the humble teachings of St. Francis of Assisi more than 800 years ago, announced it is on the brink of bankruptcy after admitting some of its monks embezzled funds from its accounts. The Italian news magazine Panorama on Friday (Dec. 19) reported that tens of millions of dollars were missing from the Order of Friars Minor and had been invested in offshore companies. Panorama also claimed Swiss prosecutors had seized Franciscan...
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