Slovenia, thanks to reckless lending, has been driven over the edge. As usual, taxpayers are bailing out its three big banks.  But Europe is attempting to stop this from happening in the future. The EU is trying to establish a…

Recently the Australian Victorian Parliamentary Inquiry into the child abuse of the Catholic Church in Victoria released its report on the horrific saga. Monica Dux, an ex-Catholic wrote the following in the Sydney Morning Herald.   “…Any residual sympathy I…

“The five nations in the East African Community regional economic bloc (EAC) have signed an agreement to adopt a common currency.” The five nations include Burundi, Kenya, Rwanda, Tanzania and Uganda. The monetary union will be established in 10 years….

In spite of the upset feelings in Europe, particularly in Germany, due to the NSA scandal, the U.S. is still pushing ahead with American-European free trade agreement negotiations. Free trade is the cornerstone of globalization. Free trade is where international…

During a speech on income inequality, U.S. President Obama referenced Pope Francis, one of the hottest public names.  “Across the developed world, inequality has increased,” Obama said. “Some of you may have seen just last week, the pope himself spoke…

Since the beginning of the European Union, Germany and France have collaborated in developing and strengthening it. At the same time, there has been a power struggle over the EU’s approach to the economic crisis between them. France has always…

Jesuit-trained Australian Prime Minister Tony Abbott said that Cardinal Pell, now Archbishop of Sydney, was the first senior Roman Catholic prelate to take the child sex abuse scandal seriously. But victims and others say that is factually wrong and misleading….

In line with his papal predecessors, Pope Francis criticized the global financial system and called for it to change saying that the rich, must help the poor. The Pope said the way the current financial system works needs change because…

The Anglican Church in Australia is accused of not taking disciplinary action against three pedophile priests, even though there had been several reports of child abuse. All three priests were allowed to continue as priests, one of them until June…

President Obama is moving to shut down the U.S. Embassy to the Holy See and move it to the larger American Embassy in Italy. While the U.S. claims that this is a security measure in light of the Benghazi attack…

Typhoon Haiyan, classed as a super-typhoon killed more than 5,200 people in its path across the Philippines.  The category five equivalent storm with one-minute sustained winds of 196 miles per hour (315k/hr.) was the strongest cyclone to make landfall on…

The Anglican Archbishop of Perth, Roger Herft, has vetoed a motion from his diocesan synod recommending recognition of same-sex marriage by more that two-thirds of its members. The motion and veto comes at a time when the parliament of the…