The New Zealand government’s Commission for Financial Capability (CFFC) has reported that a survey of 3,000 people, conducted in April, found 34 per cent of households were in “financial difficulty.” A further 40 per cent were “at risk of tipping into hardship.” The survey was part of a study involving eight countries. New Zealand ranked Read more
Posts Tagged ‘financial crisis’
Funding difficulties threaten ahead of Amazon summit
Monday, September 30th, 2019
Issues on the table at the upcoming Vatican summit on the Amazon region are not just political and ecclesiastical, but also down to earth and mundane, including the funding difficulties for Amazonian dioceses and parishes. According to local bishops, the geographic and economic challenges in the Amazon make the Catholic mission in the region a Read more
Advent: Good news for the poor?
Tuesday, December 3rd, 2013
As Christians we are often heard complaining about the ‘commercialisation’ of Christmas. And yet most of us would admit that, despite the frenetic pull towards consumerism, there is also an underlying ‘good will’ effect at this time of year which is mindful of those less well-off and puts a human face on poverty. There will Read more
Jewish-Catholic commission agrees: economic crisis reflects moral crisis
Tuesday, April 3rd, 2012“Religious perspectives on the current financial crisis: vision for a just economic order” was the theme of the eleventh meeting of the Bilateral Commission of the Delegations of the Chief Rabbinate of Israel and the Holy See’s Commission for Religious Relations with Jews, which was held in Rome from 27 to 29 March. The event was presided by Rabbi Shear Yashuv Cohen, and by Cardinal Peter Kodwo Turkson, president of the Pontifical Council for Justice and Peace.
In an English-language joint statement issued at the end of the meeting, the two sides highlight that, “while many factors contributed to the financial crisis, at its roots lies a crisis of moral values in which the importance of having, reflected in a culture of greed, eclipsed the importance of being; and where the value of truth reflected in honesty and transparency was sorely lacking in economic activity”.
Read the article...Vatican’s financial document complex route to publication
Friday, November 25th, 2011
The unusual and somewhat mysterious gestation process of Vatican documents came into the spotlight recently, thanks to a controversial white paper on economic justice. In essence, critics of the document – which called for a global authority to curb the excesses of financial markets – speculated that its authors had done an “end run” to Read more
Occupy movement poses the question – do we have the answer?
Tuesday, November 15th, 2011
All is connected – a vast intricate web of relationships in three dimensions. If one strand or knot is disturbed or damaged, the repercussions spread out in every direction, in time and space. Do we have the wisdom, the knowledge, the experience even to understand what we have set in motion, much less how to Read more
The St Pauls protest – Churches fail, Christianity does not
Friday, November 4th, 2011
When the Anglican Church moved to bar protesters from St Paul’s Cathedral in London the Wellington City Missioner, Susan Blaikie, was reported as saying says “Folk at the Newtown Drop In Centre say they are dismayed”. “Almost with one voice they expressed their dismay at St Paul’s closing their doors. But they, like a lot Read more
- A Timeline of the St Pauls protest
- Reaction to Church's handling of St Paul's protest
- St Pauls branded laughing stock
- The protesters and the clergy at St Paul’s have both got it wrong
- Rowan Williams warns of urgent issues raised by protests as third St Pauls clergyman resigns
- David Cameronand Ed Miliband must be inspired by the spirit of St Pauls
- Cloistered clerics who can only pray for an end to the crisis
Vatican body calls for radical reform of monetary system
Friday, October 28th, 2011
The Pontifical Council for Justice and Peace has released a document calling for a radical reform of the world’s financial and monetary system. It also proposed the creation of a global political authority to manage the economy and a new world economic order based on ethics. The note, entitled “Towards reforming the international financial and Read more
- New Vatican document good news for poor, bad news for tea party
- Read the Full Statement
- What is the Pontifical Council for Peace and Justice?
- Vatican note on economy the first ripple of a southern wave
- Does Pope Benedict support Occupy Wall St?
- City and cathedral: The whited sepulchre
- Vatican Document calls for global authority to regulate markets
- Occupy Wall St gets religion