Pope proposes new financial order guided by ethics

Pope Proposes Financial Order Guided Ethics - Politics, Business, Civil, History - Posted: 7th Jul, 2009 - 3:54pm

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Business - European Economy
Post Date: 7th Jul, 2009 - 3:54pm / Post ID: #

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Pope proposes new financial order guided by ethics

Pope proposes new financial order guided by ethics (AP)
European Business News

In this photo provided by the Vatican newspaper L'Osservatore Romano Pope Benedict XVI signs his third encyclical of his pontificate at the Vatican, Monday, July 6, 2009. Benedict XVI called Tuesday, July 7, 2009, for a new world financial order guided by ethics, dignity and the search for the common good in the third encyclical of his pontificate. In 'Charity in Truth,'' Benedict denounced the profit-at-all-cost mentality of the globalized economy and lamented that greed has brought about the worst economic downturn since the Great Depression. (AP Photo/L'Osservatore Romano, ho)AP - Pope Benedict XVI called Tuesday for a new world financial order guided by ethics, dignity and the search for the common good in the third encyclical of his pontificate.



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