Participants in ‘Economy of Francesco’ webinar demand tax havens “be abolished immediately” and that World Bank and IMF undergo “democratic and inclusive” reforms
“Do we look after people or sacrifice them for the sake of the stock market?”, Francis asks in new book, ‘Let Us Dream’, in which he also condemns “horrendous” police killing of Black man George Floyd
“When global wealth is not being spread equitably, the gap between rich and poor is widening, and the environment is being sacrificed for financial growth, we need to stop and think”
“Everyone is working to return to the situation before the pandemic. But why do we want to return to that system, which was terrible?”, asks Muhammad Yunus
“We need to start or keep looking at the Common Home from a woman’s perspective”, insists professor Sister Alessandra Smerilli, warning “dominant” male view “distorts reality”
In wake of corruption scandals, Francis shifts financial authority away from Secretariat of State to Administration of the Patrimony of the Apostolic See
“The socio-environmental crisis cannot be overcome within the framework of the current system which idolises money”, they warn after meeting with Vatican officials
“It is striking the lack of imagination of the traditionalist sector of the Church in labelling as communist everything that does not fall within the dogmas of economic neoliberalism”
Dr. Margarita Starkeviciute says she agrees with pontiff “that it is necessary to pay more attention to social factors” in markets
“The world will be destroyed by politics without principles, by wealth without work, by business without ethics”, warns Cardinal Gianfranco Ravasi, quoting Gandhi
The promotion of a “clean finance in which the ‘merchants’ are prevented from speculating in that sacred ‘temple’ which is humanity” is a cause “particularly dear to my heart”, Pope Francis said on Thursday to evaluators of the Moneyval Programme visiting the Vatican for an inspection.
The Vatican ‘economy minister’ has called for “transparency” around shady Church investments, and has admitted that “it is possible that the Holy See has been cheated”.
“Indifference is the great evil that leads to a self-centred world, turned in on itself”, Pope Francis has warned in a new interview.
Tax justice, including reforming the current tax systems, enacting jubilee, and paying reparations, was the focus of the second 2020 Ecumenical School on Governance, Economics and Management public webinar held on 14 September.
The Vatican is facing more pushback on its new parish instruction, this time from the Church in Malta on the subject of fees for the sacraments.
Pope Francis has named six laywomen experts to the Vatican Council for the Economy and confirmed German Cardinal Reinhard Marx as coordinator of the financial oversight group.
The new layman ‘number two’ in the Vatican ‘economy ministry’ wants to challenge the perception that “only priests and nuns matter in the Church”.
Four global organizations representing some 500 million Christians have written an urgent letter to G20 leaders, calling for them to leave behind the current broken financial architecture and promote a truly just and sustainable recovery.
Every time that someone suggests a social measure which requires an expenditure, neoliberals and fearful people immediately show up stating that “there is no money”.
This year, due to the pandemic of the coronavirus, the Ecumenical Patriarchate was unable to send a delegation to the Church of Rome on the occasion of her Thronal Feast, the feast of the Holy Apostles Peter and Paul, on 29 June 2020.
“Global inequality is scandalous”and political democracy is “not enough” to counter it, a liberation theologian pushing for economic democracy has written.
Archbishop Ivan Jurkovič has renewed the Holy Father’s appeal for debt relief at an international level.
A Vatican official has urged the world “to press the reset button” on the system post-COVID and to forge “a new path”.
Today the world is fighting a pandemic. Sooner or later the health issue will be resolved, but the economic consequences will be devastating, perhaps worse than those of the collapse of 1929, if a global recovery plan and a global redistributive shock treatment are not implemented.
Pope Francis has appointed two women to key positions in the Vatican Financial Authority and Vatican Apostolic Library.