In the rancorous debate over how to get the sluggish economy moving, we have forgotten the wisdom of Henry Ford. In 1914, not long after the Ford Motor Company came out with the Model T, Ford made the startling announcement that he would pay his workers the unheard-of wage of $5 a day. Not only Read more
At least £1.5 million a year is spent on the salaries of senior executives in the Church in England and Wales. In the tough economic climate it is feared that dioceses will increasingly to turn to priests to fill top jobs to save money, fuelling clericalism in the local curias. Continue reading
Marine Risk Assessor, John Riding has said Rena from Monrovia was a well-built vessel – It was not a “ship of shame”. But what happened was more than a shame, it was a disaster. Is the disaster a result of the “loss of balance” Dame Anne Salmond spoke about in her DomPost opinion piece on Thursday? “In the Read more
Close to 1 million Spaniards received help from Caritas to meet their basic needs in 2010. 300,000 were assisted for the first time 74% of those seeking aid were families 70% of those requesting assistance came after receiving little aid from government-run social services this is nearly 550,000 more than reported three years ago. Caritas Read more
A Vatican sponsored executive summit on ethics for the business world has called for the employment of ethical business policies within companies and bringing economic justice to the wider world. According to Cardinal Tarcisio Bertone, the Vatican’s secretary of state, the real challenge is taking common principles and translating them into concrete action that will Read more
Organisers of World Youth Day 2011 are estimating the event will pump NZ$180 million into the Spanish economy. Fernando Gimenez Barriocanal, World Youth Day’s finance manager, reported that “nearly NZ$90 million will come from abroad and will remain in Spain.” The event’s organizers are now focused on increasing registration, especially among young people in Spain, Read more