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Vatican report urges overhaul of Africa's debt architecture

Vatican report urges overhaul of Africa's debt architecture

A new Vatican-backed report, unveiled in Rome, calls to overhaul the global financial architecture and fix a debt system that it says is punishing Africa and other developing regions. The Jubilee Report challenges the logic of inequity, arguing...

Report commissioned by the Vatican calls for action to tackle international debt

Report commissioned by the Vatican calls for action to tackle international debt

GOVERNMENTS and international institutions could prevent multiple future crises by restructuring or forgiving the debts of developing countries, according to a report commissioned by the late Pope Francis for the Roman Catholic Church’s current...

Vatican, la banque est au vert mais les finances restent au rouge

Vatican, la banque est au vert mais les finances restent au rouge

Selon le rapport annuel publié le 11 juin 2025 par le site d’information officiel du Saint-Siège Vatican News, l’IOR a enregistré des résultats financiers solides pour l’année 2024, confirmant une trajectoire positive après des années de réformes....

Vatican report flags ‘outsized influence’ of ratings agencies ahead of G20 summit

Vatican report flags ‘outsized influence’ of ratings agencies ahead of G20 summit

‘Africa risk premium’ will be a focus of November’s G20 gathering A report commissioned by the late Pope Francis has called for the reform of private credit ratings agencies, saying they exert “outsized influence on sovereign debt dynamics”, with...

The great monetary shift: How China’s push for a “multi-polar” currency system masks a globalist power grab

The great monetary shift: How China’s push for a “multi-polar” currency system masks a globalist power grab

The great monetary shift: How China’s push for a “multi-polar” currency system masks a globalist power grab As the world watches the slow-motion collapse of the U.S. dollar, China’s central bank governor, Pan Gongsheng, has declared the dawn of a...

Why Al Pacino Was Mercilessly Trolled After Becoming First Celebrity to Be Granted Audience With Pope — Years After 'Godfather III' Tore Into Vatican Corruption

Why Al Pacino Was Mercilessly Trolled After Becoming First Celebrity to Be Granted Audience With Pope — Years After 'Godfather III' Tore Into Vatican Corruption

Al Pacino became the first movie star to meet with Pope Leo XIV at the Vatican. However, the 85-year-old actor's fashion choices inadvertently stole the spotlight, RadarOnline.com can reveal. The meeting took place on Monday, June 16, where Pacino...

Vatican addresses global debt crisis; Ghana and other countries to benefit

Vatican addresses global debt crisis; Ghana and other countries to benefit

The Vatican has established a new global commission of economic experts to address the escalating sovereign debt crisis impacting Ghana and several other countries across the Global South. Announced this week, the high-level Commission of Experts...

Vatican Steps in on Debt Crisis, Offers Hope to Ghana, More

Vatican Steps in on Debt Crisis, Offers Hope to Ghana, More

The Vatican has announced the formation of a new global commission of economic experts to tackle the worsening sovereign debt crisis affecting Ghana and numerous other nations across the Global South. The establishment of the high-level Commission...

Vatican-backed report wants debt relief for developing countries

Vatican-backed report wants debt relief for developing countries

(Photo: Getty/iStock) A report initiated by the late Pope Francis has called for changes to the global financial and debt system in what is the Catholic Church's “Jubilee Year”. The Jubilee Year is a year in which the Catholic Church commits...

Vatican Backs Upcoming International Symposium in South Africa, Urges Delegates to Advance Gospel Witnessing

Vatican Backs Upcoming International Symposium in South Africa, Urges Delegates to Advance Gospel Witnessing

The event also seeks to create “a just and accountable global debt architecture rooted in equity and the public good; and the development of a Universal School Meals Program as a global commitment to child nutrition and education.” The outcomes of...

Vatican-backed report urges root and branch reform to tackle escalating debt crisis

Vatican-backed report urges root and branch reform to tackle escalating debt crisis

A ground-breaking new report, authored by the Pope Francis’ Jubilee Commission calls for urgent action and systemic reforms to tackle the escalating debt and development crises affecting billions, including African in particular, worldwide. The...

Vatican sets up global commission to tackle sovereign debt crisis

Vatican sets up global commission to tackle sovereign debt crisis

…Ghana, others in the Global South to benefit By Kizito CUDJOE The Vatican has announced the launch of a high-level Commission of Experts to address the mounting sovereign debt crisis affecting Ghana and numerous other countries across the...

Finance experts launch report at Vatican on foreign debt relief

Finance experts launch report at Vatican on foreign debt relief

“Today, 3.3 billion people live in countries that spend more on interest payments than on health, and 2.1 billion live in countries that spend more on interest payments than on education,” the report said. “Interest payments on public debt are...

Leftover takeaways from the Rafael Devers trade

Leftover takeaways from the Rafael Devers trade

A few thoughts on the trade and what comes next: ▪ The biggest benefit was shedding the $254 million that would have been paid to Devers through 2033 and his age-36 season. That’s too much for a DH, even a very good one. That Devers is seemingly...

Argentine businessman Enrique Shaw one step closer to beatification

Argentine businessman Enrique Shaw one step closer to beatification

Buenos Aires, Argentina, Jun 21, 2025 / 09:00 am The cause for canonization of Venerable Enrique Shaw, an Argentine husband, father, and businessman remembered for his vocation of service and his close ties to the working class, took another step...

Vatican scientists warn of global assault on scientific truth

Vatican scientists warn of global assault on scientific truth

These challenges cannot be solved by scientists alone: “A global coalition of stakeholders is needed … to defend the right to seek and speak scientific truth.” In a recently published statement, the Pontifical Academy of Sciences (PAS) has sounded...

Vatican-backed report seeks financial reform to avert decades of lost development

Vatican-backed report seeks financial reform to avert decades of lost development

By Libby George LONDON(Reuters) -A commission launched by the late Pope Francis has outlined financial reforms it says could help to avert decades of lost development in poor countries that face onerous repayments as global public debts reach...

Vatican-backed report calls for global debt relief amid climate crisis

Vatican-backed report calls for global debt relief amid climate crisis

A commission appointed by the late Pope Francis has released a new report highlighting the urgent need to address global debt, which has hindered sustainable development and climate action. The report was authored by the Jubilee Commission, which...

Starting as “seed of compassion”, Caritas Bank in Kenya “has blossomed into a formidable institute”: Catholic Archbishop

Starting as “seed of compassion”, Caritas Bank in Kenya “has blossomed into a formidable institute”: Catholic Archbishop

Referring to the founders of the Caritas MFB, Archbishop Anyolo said, “These great shepherds taught us that the church must not only preach the gospel but must live it in our parishes, in our schools, and yes, even in our banking halls.” He...

At Caritas Bank 10th Anniversary, Apostolic Nuncio in Kenya Urges “equitable distribution of wealth” to Curb Injustices

At Caritas Bank 10th Anniversary, Apostolic Nuncio in Kenya Urges “equitable distribution of wealth” to Curb Injustices

“As creatures of God, we are all equal in our dignity as a human person,” he said in explaining the concept of equitability, and added that despite being endowed with different talents, “we are all brothers and sisters of each other, like a family...

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