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The Vatican has sidestepped EU banking rules by turning to a Swiss company to restore card payments in its museums after they were suspended over concerns that the city-state was not doing enough to prevent money laundering.
In a statement explaining its decision last month, it said EU law prevented EU banks from operating in non-EU states unless they had an adequate supervisory system or were deemed "equivalent" for anti-money laundering purposes. The Vatican failed on both counts, it said
The National Technology Transfer Center (NTTC) has entered its 20th year of providing technology transfer services for federal facilities of our nation. Our work has provided clients with technical and market research expertise dedicated to meeting the complex needs of technology transfer organizations, while providing close support focusing on customer service. NTTC is inspired by the technologies developed at our federal R&D institutions, and is proud of our work commercializing and disseminating federal innovation for the betterment of our nation's economy.
©2009 National Technology Transfer Center, Wheeling Jesuit University
Wheeling Jesuit University also receives annual grants from NASA. Now I don't know about the rest of you, but a public funded agency that claims to be having budget issues, funding programs of a church..
VATICAN CITY — The Vatican has returned to profit after three years in the red but donations from the faithful fell nearly euro15 million ($22 million), or 18 percent, amid tough economic times and a year in which the priest sex abuse scandal exploded. The Vatican issued its annual financial report Saturday, saying it made a profit of euro9.85 million ($14.3 million) in 2010 following a loss of euro4.01 million ($5.8 million) a year earlier and losses in 2007 and 2008.