Pope to Convey Message of Hope to Crisis-hit Europeans on Portugal Trip

Washington Examiner – By Barry Hatton (AP) – May 10, 2010
LISBON, PORTUGAL — Pope Benedict XVI will speak about the economic crisis during his four-day trip to Portugal this week, telling Europeans to seek solace in their faith, a senior church official said Monday.
The pontiff intends to deliver a message that “the joy of [...]

Caritas In Veritate Guides Academy for Social Sciences

Vatican Information Service – May 5, 2010
VATICAN CITY, 5 MAY 2010 (VIS) – Today in the Holy See Press Office Mary Ann Glendon, president of the Pontifical Academy of Social Sciences, presented a summary of the academy’s sixteenth plenary assembly which took place in the Vatican’s Casina Pio IV from 30 April to 4 May [...]

Economic Life Should Be Oriented to the Common Good

Vatican Information Service – April 30, 2010
VATICAN CITY, 30 APR 2010 (VIS) – The Holy Father today received participants in the sixteenth plenary assembly of the Pontifical Academy of Social Sciences, which is meeting between 30 April and 4 May to discuss the world economic crisis in the light of the ethical principles enshrined in [...]

Holy See to UN: What About Bailout Money for Poor?

Zenit.org – March 19, 2010
NEW YORK, MARCH 25, 2010 (Zenit.org) – The Holy See is noting that the countries who found bailout money to save financial institutions in the economic crisis should also have resources for helping the poor.
Archbishop Celestino Migliore, the Holy See’s permanent observer at the U.N. offices in New York, stated this [...]

Cardinal Bertone Calls for Jobs, Not Welfare States

Zenit.org – March 19, 2010
ROME, MARCH 19, 2010 (Zenit.org) – Jobs need to be created and protected, and financial support for employers is part of the recipe, says Benedict XVI’s secretary of state.
Cardinal Tarcisio Bertone reflected on job creation in a talk Tuesday with members of Confindustria, the Italian employers’ federation.
The cardinal noted that job [...]

Holy See Proposes Human Rights to End Recession

Zenit.org – March 8, 2010
GENEVA, Switzerland, MARCH 8, 2010 (Zenit.org) – Defending human rights will contribute to ending the financial crisis, according to a Holy See representative at the United Nations.
Archbishop Silvano Tomasi, the Holy See’s permanent observer at the Geneva U.N. offices, affirmed this in his address last Wednesday to the 13th session of [...]

Archdiocese of Boston Sees Significant Financial Recovery for Catholic Appeal

Catholic News Agency – March 9, 2010
Boston, Mass., Mar 9, 2010 / (CNA) – The Archdiocese of Boston has launched its 2010 Catholic Appeal, with recent figures indicating significant financial recovery since Cardinal Seán O’Malley took over the leadership of the archdiocese in 2003.
“The Archdiocese is blessed by the continued generosity of our parishioners and [...]

Pope Prays for World Economy

Zenit.org – March 1, 2010
VATICAN CITY, MARCH 1, 2010 (Zenit.org) – Benedict XVI will pray this month that justice and equity will be the ruling principles for the world’s economy.
The Apostleship of Prayer announced the intentions chosen by the Pope for March. His general intention is: “That the world economy may be managed according to [...]

Credit Markets Flash Hottest Warning Signal Since Crisis

The Telegraph – February 16, 2010
European credit markets are flashing the most serious warnings signs in a year as the yields on risker bonds rise sharply and a string of companies cancel share flotations, raising fears that the recovery may falter in coming months.
Jitters over Chinese credit tightening and default risks in Greece and [...]

Vatican Economist: Recession Caused by Low Birthrate

Zenit.org – February 8, 2010
ROME, FEB. 8, 2010 (Zenit.org) – Bankers are not the cause of the global economic crisis, according to the president of the Institute for the Works of Religion. Rather, the cause is ordinary people who do not “believe in the future” and have few or no children.
“The true cause of the [...]

Pope Addresses Italian Power Company on Rethinking the Economy

Catholic News Agency — February 6, 2010
Vatican City, Feb 6, 2010 / (CNA) — On Saturday at the Apostolic Palace, Pope Benedict met in audience with a group from a local Italian municipal agency. Speaking with them, but also to the international community, Holy Father stressed the importance of “social responsibility” in the business environment [...]

Holy See: Promoting Family Can Build Economy

Zenit.org – February 5, 2010
NEW YORK, FEB. 5, 2010 (Zenit.org).- The permanent observer of the Holy See at the United Nations is highlighting the family as a primary resource for building the economy and social integration and development.
Archbishop Celestino Migliore stated this Thursday in an address about social integration, which he delivered at the 48th [...]

Americans Looking for Real Political, Economic Change

Zenit.org – February 1, 2010 – By Carl Anderson
NEW HAVEN, Connecticut, FEB. 1, 2010 (Zenit.org).- Americans continue to see the country heading in the wrong direction.
During 2008, President Barack Obama clearly perceived this mood and brilliantly seized the day with the campaign slogan “Change We Can Believe In.” Now, a year into his presidency, Washington [...]

CNN to Ponder Faith and Money

National Catholic Reporter – The Future Church with John L. Allen Jr. – December 9, 2009
I’m in New York this week, with part of the agenda being to tape a panel discussion for an upcoming CNN special on “Faith and Money.” The program is hosted by Christine Romans, and is scheduled to air on Dec. [...]

Biotechnology Isn’t Risk Free, Has Promise for Ending Recession

Zenit.org – October 29, 2009
ROME, OCT. 29, 2009 (Zenit.org) – Biotechnology might be the secret to ending the economic crisis, but it comes with both risks and promises, according to the president of the Institute for the Works of Religion.
Economist Ettore Gotti Tedeschi reflected on biotechnology in an editorial today in L’Osservatore Romano.
He pointed to [...]

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