A daily guide to what's happening in the Catholic Church

Benedict XVI has appointed the German lawyer Ernst von Freyberg as the new president of the Institute for Works of Religion, or Vatican bank.

Bishop Bernard Fellay, superior general of the Society of St Pius X, has said he hoped the Pope would make “one last gesture” towards the SSPX as he announced his resignation (report in French).

Cardinal Roger Mahony has said he is “asking for the grace to endure the level of humiliation at the moment” after he was reprimanded for his handling of abuse cases.

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Archbishop José Gomez says Benedict XVI’s announcement was “the act of a saint“.

Dylan Parry explains why he feels “angry and abandoned” by Pope Benedict’s decision.

Barbie Latza Nadeau rounds up the conspiracy theories surrounding Benedict XVI’s abdication.

And Italian journalist Giovanna Chirri explains how she overcame an attack of the shakes to break the papal story of the century (video).

Follow me on Twitter @lukecoppen for updates throughout the day.

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