The President of the Vatican bank Angelo Caloia has stated that its deposits are safe from the global financial crisis. Speaking in an interview released Monday by Famiglia Cristiana magazine, Caloia said that the bank only makes safe investments.
Addressing the issue of the financial crisis affecting the United States and the rest of the world, the president of the Pontifical Council for Justice and Peace, Cardinal Renato Martino, called on society this week to remember that the human person should be at the center of the world economy.
An interactive online poll of likely voters conducted in the aftermath of the announcement of Alaska Gov. Sarah Palin as Sen. John McCain’s running mate reports that most respondents believe the Palin pick will help McCain, as do Catholic respondents in particular.
Speaking from the town of Oies, the birthplace of a canonized Italian missionary to China, Pope Benedict XVI recently said China is growing in international importance but must also “open up” to Christ.
After the government-established church service, the U.S. president gently encouraged the Chinese government to consider granting religious freedom to its citizens, telling them not to fear Christianity.
Members of the Aid Agency for the Oriental Churches were received by Pope Benedict revently. At the audience, the Holy Father stressed the vital role of the Eastern Churches in working for peace and expressed his desire to visit the Holy Land.