National Catholic Reporter

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Catholic teaching can help correct distorted economies, cardinal says


The economy, on a local and global level, and financial policies are called to serve the human person and promote the common good, said Cardinal Pietro Parolin, Vatican secretary of state.

"We live in a time in which, unfortunately, the prevalent economic model reveals numerous shortcomings, dysfunctions and deviations which weigh heavily on the state of the planet's health," he said Tuesday.

Study day on synod did not aim to change doctrine, spokesman says


The presidents of the bishops' conferences of Germany, France and Switzerland decided their preparation for the Synod of Bishops on the family could benefit from listening to theologians, biblical scholars and canon lawyers from all three countries, said the spokesman for the German bishops.

"It was a real fruitful discussion and very broad and that was important; it was not just about the hot topics" of divorce and homosexuality, Matthias Kopp, the spokesman, told Catholic News Service on Wednesday.

Vatican bank posts large profit, continues review of account holders


The Institute for the Works of Religion, commonly known as the Vatican bank, showed a large jump in profits in 2014 as it continued to winnow its accounts.

The institute reported a net profit of 69.3 million euros ($75.5 million) in 2014 compared to a 2013 net profit of 2.9 million euros.

The bulk of the profit, 55 million euros, was given to the Holy See for its operating costs.

TV and Internet? Meh. What Pope Francis really misses are pizza outings

Pope Francis told an Argentine newspaper that he never watches TV or logs on to the Internet and, perhaps not surprisingly, sleeps well.

Speaking to the newspaper La Voz Del Pueblo, the pope reflected on the little over two years since he was thrust into the global limelight.

He said the swift transition from being archbishop of Buenos Aires, Argentina, to leader of the world's 1.2 billion Catholics was somewhat of a shock.

Vatican decision to recognize Palestine upsets Israeli government, Jewish advocacy groups

The Vatican's decision to recognize Palestine as a sovereign state on Wednesday angered Israeli officials.

The move comes four days before the canonization of two Palestinian nuns and solidifies the standing of Palestinian President Mahmoud Abbas, who is scheduled to meet with Pope Francis at the Vatican on Saturday.



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In This Issue

October 21-November 3, 2016

  • Reformation's anniversary brings commemorations, reconsiderations
  • Picks further diversify College of Cardinals
  • Editorial: One-issue obsession imperils credibility
  • Special Section [Print Only]: SAINTS