Vatican Official Urges Continued Humanitarian Aid

Catholic News Services published a report in which a Vatican official, citing the global economic crisis, urges wealthy nations not to cut development aid.

“Although many nations may be tempted to cut development aid in the midst of the international financial crisis, the crisis itself shows that an economic system focused only on making money for financial investors is bound to fail,” said Cardinal Renato Martino, president of the Pontifical Council for Justice and Peace.

The news service said Martino invited financial and development experts to the Vatican to discuss the current economic crisis and its impact on the poor.

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