All Entries Tagged With: "Pope And Financial Crisis"

Pope Seeks Major Changes to Financial System

(VATICAN CITY) — Pope Benedict XVI challenged world leaders on Thursday
to make major changes to the global financial system, saying short-term
answers to the financial crisis weren’t sufficient.

“It’s not enough, as Jesus said, to put patches on an old suit,”
Benedict said in his New Year’s Day blessing to thousands of people
huddled under umbrellas in a rain-soaked [...]