Monday, October 24, 2011
Vatican council proposes a global financial authority
The note entitled “Towards reforming the international financial and monetary systems in the context of the global public authority” was presented to journalists at a press conference today presided over by the President of the Council, Cardinal Peter Turkson.
“We are talking about finding solutions to issues, finding solutions to problems”.
Cardinal Turkson also told Lydia O’Kane, who participated at the conference, that the document was also a way of giving a voice to the voiceless.
“Definitely, that’s part of it and in fact in asking the G20 to pay attention to this or currently start doing a reflection in this direction, it is actually in view of those who suffer from this phenomenon, so giving a voice to the voiceless, that’s what it is”.
Below are samples of stories and editorials on this document:
Read the entire document here
EWTN News: Vatican council proposes a global financial authority
Reuters: Vatican calls for global authority on economy, raps “idolatry of the market”
Catholic League: Vatican Council Calls for Financial Reform
Sam Gregg: Catholics, Finance, and the Perils of Conventional Wisdom
Catholic News Service: Vatican document calls for global authority to regulate markets
Thomas Peters: Pope Benedict Calls For “Central World Bank” … Only He Didn’t. Here’s Why.
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