Bankrupt Vatican Opens Its First Ever Luxury Shopping Mall

"Caput Mundi" Mall, the Vatican's first ever luxury shopping mall, was opened just a stone’s throw from Saint Peter’s Basilica due to the financial bankruptcy it's facing.

The economically-ailing Vatican has inaugurated a 120,000-square-foot shopping mall to cater to the millions of tourists and pilgrims that visit it each year.

After eating millions of dollars in losses on bad investments and running a serious deficit for several years in a row, the Vatican has opened...

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