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May 22, 2018

Vatican bank sees profit while making ethical investments, report says

A major objective achieved by the institute, according to the institute's press release, was selecting investments that are consistent with Catholic ethics, such as the "respect of human life, creation and human dignity"
VATICAN – The Institute for the Works of Religion, commonly known as the Vatican bank, seeks to follow Catholic ethical practices in investments, according to its latest annual report.
Published in International
May 17, 2018

Every financial decision is a moral choice, Vatican document on economy says

Archbishop Luis Ladaria, prefect of the Congregation for the Doctrine of the Faith, and Cardinal Peter Turkson, prefect of the Dicastery for Promoting Integral Human Development, lead a May 17 Vatican news conference for the release of a document on the moral dimensions of economic activity. The new document, approved by Pope Francis, says financial and economic decisions can be virtuous or sinful.
VATICAN – Financial and economic decisions -- everything from where a family chooses to invest its savings to where a multinational corporation declares its tax residence -- are ethical decisions that can be virtuous or sinful, a new Vatican document said.
Published in International