Faith On The Line - Stress, Stress Go Away Vol 18 | Page 17
Source: Catholic World News January 5, 2012
Vatican unveils plans
for Year of Faith
Source: CNBC.com October 24, 2011
Vatican Calls for 'Central
World Bank' to be Set Up
The Vatican called on Monday for the establishment
of a “global public authority” and a “central world bank”
to rule over financial institutions that have become outdated and often ineffective in dealing fairly with crises.
A major document from the Vatican’s Justice and Peace
department should be music to the ears of the “Occupy
Wall Street” demonstrators and similar movements
around the world who have protested against the economic downturn.
The 18-page document, “Towards Reforming the
International Financial and Monetary Systems in the
Context of a Global Public Authority,” was at times very
specific, calling, for example, for taxation measures on
financial transactions.
“The economic and financial crisis which the world is
going through calls everyone, individuals and peoples,
to examine in depth the principles and the cultural and
moral