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
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.