By Kristine Sabillo A commission appointed by the late Pope Francis has released a new report highlighting the urgent need to address global debt, which has hindered sustainable development and ...

Ahead of the Vatican's 2025 Jubilee Year, Pope Francis pressed world financial ministers on June 5 to support an international mechanism to alleviate foreign debt, which is now estimated at some ...

Pope says climate change, wars threaten humanity's existence Calls for debt forgiveness, new 'global financial charter' Urges countries to divert defence spending to tackling hunger VATICAN CITY ...

President Ramaphosa calls for urgent global action to tackle the rising debt crisis, stressing the need for sustainable financing and political will to support vulnerable nations.

The West has an enormous ecological debt towards the Global South. Pope Francis, in his message for Peace 2025, implores the wealthiest countries on the planet to forgive the debts of the poorer ones.

CNA Newsroom, Jan 1, 2025 / 07:30 am. Pope Francis marked the Angelus prayer on the first day of 2025 by calling on Christian nations to set an example through debt relief for the world’s ...

VATICAN CITY – The world must do more to reduce the debt burden faced by low income countries to avoid them entering a cycle of poverty and despair, Pope Francis said on June 5. Global debt ...

Pope Francis on Dec. 12 called for the worldwide abolition of the death penalty, the alleviation of foreign debt and the creation of a new global fund to eradicate hunger and combat climate change.

On Easter Sunday, the pope made a widely reported request for lenders to forgive the debts of poor countries now facing the threat of COVID-19. ... Macron Echoes Pope Francis' Call for Debt Relief.

CNA Staff, Apr 14, 2020 / 07:10 am. French President Emmanuel Macron has echoed Pope Francis' call for debt relief for the world's poorest countries amid the coronavirus crisis.

VATICAN CITY, June 5 (Reuters) - The world must do more to reduce the debt burden faced by low income countries to avoid them entering a cycle of poverty and despair, Pope Francis said on Wednesday.