Economy

Economic hardship hits nearly all, from individuals to nations
Dec 11 2011
WASHINGTON – It’s not new, but it’s still news: The economy remains in a funk. Not just in the United States, but it has spread to many nations around the world.

25 years after ‘Economic Justice for All,’ pastoral still stirs debate
Dec 09 2011
WASHINGTON – When the pastoral letter “Economic Justice for All” was published by the U.S. bishops in November 1986, its release was both the culmination of years of work and the beginning of a sometimes heated public debate.

Pro-life New Jersey nurses sue hospital over new policy on abortions
Nov 29 2011
WASHINGTON – Confronted with what one called “a choice between our faith and our jobs,” 12 nurses are suing University Hospital in Newark, N.J., over a new policy requiring them to care for patients before and after abortions, even if they have religious or moral objections to abortion.

City pastors want to help clear the streets of guns
Nov 29 2011
Monsignor Damien Nalepa and Father Peter Lyons are never giving up on Baltimore City and they want everyone else to have that faith as well.

Pope’s critique of global economic system resurfaces in Africa
Nov 25 2011
VATICAN CITY – A few minutes after landing in Africa, Pope Benedict XVI delivered a stern warning against the “unconditional surrender to the law of the market or that of finance” in Africa and throughout the global economic system.

New Jersey bishops call for ‘action agenda’ to address rising poverty
Nov 23 2011
TRENTON, N.J. – Poor people in New Jersey number in the hundreds of thousands and yet “they are often invisible to us,” said the state’s Catholic bishops in a Nov. 21 statement on the growing rate of poverty.

Suspicious of Vatican call for global authority
Nov 21 2011
Regarding “Global authority for finances?” (CR, Oct. 27) it is startling to see just what is being proposed by the Pontifical Council for Justice and Peace: a centralized world political authority to regulate all world economies and to deal with world “peace and security, disarmament and arms control, protection of human rights, and management of migration flows and food security.” This is socialism and ultimately totalitarianism.

Vatican financial document took complex route to delivery
Nov 20 2011
VATICAN CITY – The unusual and somewhat mysterious gestation process of Vatican documents came into the spotlight recently, thanks to a controversial white paper on economic justice.

To visit Gallup is ‘to fall in love’ with its people, says Bishop Wall
Nov 20 2011
GALLUP, N.M. – To visit the Gallup Diocese is to fall in love with its vibrant culture, rich history and rugged beauty – rose-hued mesas, deserts of sagebrush and cactus, and forested mountains – but most of all with its people.

Suspicious of global authority
Nov 14 2011
Regarding “Global authority for finances?” (CR, Oct. 27) it is startling to see just what is being proposed by the Pontifical Council for Justice and Peace: a centralized world political authority to regulate all world economies and to deal with world “peace and security, disarmament and arms control, protection of human rights, and management of migration flows and food security.” This is socialism and ultimately totalitarianism.

Dams of sand give African drought victims hope, optimism
Nov 12 2011
KIPSING, Kenya – Near the southwestern edge of the vast stretch of East Africa where drought has led to famine and more than 13 million people are considered to be living in crisis, Henry Lesokoyu is the picture of hope and optimism.

At audience, pope prays G-20 summit will help world’s poor
Nov 02 2011
VATICAN CITY – Pope Benedict XVI prayed that a summit of the leaders of countries with the world’s largest economies would find ways to overcome the current economic crisis and promote real development.

US Catholics give mixed reaction to Vatican’s economy document
Oct 28 2011
WASHINGTON - U.S. Catholics have mixed feelings about the Vatican’s ideas on how to fix today’s troubled global economy.

Vatican document calls for global authority to regulate markets
Oct 25 2011
VATICAN CITY - A Vatican document called for the gradual creation of a world political authority with broad powers to regulate financial markets and rein in the “inequalities and distortions of capitalist development.”

Response to bishops’ document gives glimpse of coming political season
Oct 16 2011
WASHINGTON – It didn’t take long for the “spin” to start after the U.S. bishops reissued their 2007 document, “Forming Consciences for Faithful Citizenship,” with a new introductory note signed by the president of the U.S. Conference of Catholic Bishops and the chairmen of nine USCCB committees.