Category - credit crunch

Religious leaders say finance crunch must not derail anti-poverty action

Ecumenical News International — Fri, 03 Oct 2008 01:07:18 +0100

The global financial crisis should not derail progress on fighting poverty worldwide, religious leaders have said, adding that the current financial market turmoil makes attempts to tackle deprivation all the more urgent.

Time to invest practically in social change

Patrick Hynes — Fri, 03 Oct 2008 00:30:17 +0100

The current global financial crisis is not a counsel of despair, says Patrick Hynes. It is an opportunity to review our priorities and invest practically for change through agencies like Oikocredit.

US Catholic bishops say that the global market needs taming

staff writers — Wed, 01 Oct 2008 09:34:08 +0100

The US Conference of Catholic Bishops' Committee on Domestic Justice and Human Development has issued a strong statement on the economic crisis, urging the Bush administration and Congress to focus on finance as a moral issue.

Politics faces an economic crunch

Simon Barrow — Fri, 26 Sep 2008 19:32:09 +0100

The main British party conferences were about to sidestep the economy, but the latest bank crunch has made the topic unavoidable, says Simon Barrow. But do politicians or the churches have anything meaningful to say?

Church should re-examine its economic heart

Press Office — Fri, 26 Sep 2008 12:54:14 +0100

Now is the right time for the Church of England to completely re-examine its assets and investment policies, says the religion and society think tank Ekklesia

The church and alternative economics

Simon Barrow — Fri, 26 Sep 2008 10:06:26 +0100

When Ekklesia pointed out that the Church of England appears to be involved in the dodgy market dealing it rhetorically condemns, the main point of our argument was that the churches have a golden opportunity to invest in something much more exciting.

Rowan Williams makes his Marx

Simon Barrow — Fri, 26 Sep 2008 09:14:02 +0100

While disastrous things have been done in his name, Karl Marx's status as a moral prophet against greed was reinforced from an unexpected source this week - the Archbishop of Canterbury.

Church urged to put its money where its message is, after asset revelations

staff writers — Fri, 26 Sep 2008 09:13:43 +0100

The Church of England has been encouraged to "put its money where its message is", after revelations that its finance managers have been using the same aggressive tactics its archbishops yesterday condemned City traders for.

Archbishops say extreme capitalism has become a new creed

staff writers — Thu, 25 Sep 2008 09:28:10 +0100

The Anglican archbishops of York and Canterbury have attacked short term action, greed, manipulation and the modern worship of money, in commenting on recent events that have worsened the global credit crunch.

Healing the economic crash?

Martin E. Marty — Wed, 24 Sep 2008 09:58:27 +0100

The current economic crash is producing cries of pain, calls for "self-healing" and questions with a distinctly theological resonance, says Martin E. Marty. But do we really get the need to, er, repent?