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International Business Times
International Business Times
Business

The Vatican: A Papal Powerhouse, World's Smallest State

In 1929, the Vatican City State was created with the signing of the Lateran Accords between Pope Pius XI and Italian dictator Benito Mussolini (Credit: AFP)

The Vatican, headquarters of the Catholic Church, is the smallest state in the world, with its own newspaper, national anthem in Latin and supreme leader: the pope.

Some 900 people live within its ancient walls, from the pontiff himself to red-capped cardinals, nuns, priests, diplomats, and lay people such as gardeners, cooks and cleaners.

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