facebook
twitter
rss
account
search
search
 

Pope: New economic rules needed

Jan. 9, 2012 at 8:26 PM   |   Comments

VATICAN CITY, Jan. 9 (UPI) -- Pope Benedict XVI said Monday new economic rules are needed to help all nations, including developing countries, deal with a global economic crisis.

The pope said because the worldwide monetary crisis hits developing nations as hard as industrial countries, new economic guidelines are needed to promise every person the chance to live a dignified life, the Italian news agency, ANSA reported.

Dealing with, and ending, the crisis means more than just "stemming individual or national losses," Benedict said. More attention must be paid to the poorer countries, the pontiff said.

In a November visit to the formerly Marxist-Leninist dictatorship in West Africa now known as the Republic of Benin, the pope warned against the "unconditional surrender to the law of the market or that of finance," ANSA said.

© 2012 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
Most Popular
1
Destroyers with ballistic missile defense capability heading to Japan Destroyers with ballistic missile defense capability heading to Japan
2
American fighting with Kurds in Syria: Civilians burned in chemical attack American fighting with Kurds in Syria: Civilians burned in chemical attack
3
Female gym teacher busted for repeated sex with student Female gym teacher busted for repeated sex with student
4
Texas cheer coach Ashley Zehnder faces sex charge for sleeping with a student and sending nude sexts Texas cheer coach Ashley Zehnder faces sex charge for sleeping with a student and sending nude sexts
5
GOP Rep. Don Young tussles with students over same-sex marriage and suicide GOP Rep. Don Young tussles with students over same-sex marriage and suicide
Trending News
Around the Web
x
Feedback