Overview
- Pope Leo XIV, born Robert Francis Prevost, was inaugurated on May 18, 2025, in a ceremony attended by global leaders and thousands of faithful in Rome.
- He is the first American to hold the papacy, marking a historic shift in the Catholic Church’s leadership.
- The ceremony included traditional rites such as the presentation of the pallium and the Fisherman’s Ring, symbolizing his authority as the Church’s leader.
- China closely observes the new pontificate, hoping for a potential shift in Vatican relations from Taiwan to the People’s Republic of China.
- Pope Leo XIV inherits significant challenges, including an €83 million budget deficit, a €631 million pension shortfall, and ongoing institutional reforms initiated by Pope Francis.