10.05.22 - Pope Calls for Solidarity in World's Finances
Summary:
Pope Benedict XVI calls for ethics and solidarity in the world's financial system.
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Pope Benedict XVI called Saturday for ethics and solidarity in the world's financial system, rebuking governments he said failed to act properly in the face of speculation that hurts poorer nations.
Benedict did not mention specific countries in his comments.
But he said that an "ethical interaction of conscience and intelligence" appears to be "too weak in those rulers who, faced with renewed episodes of irresponsible speculation toward weaker countries, fail to react with adequate decisions on financial governance."
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