Vatican calls for global central bank

vatican

The Catholic Church in Rome has urged G-20 leaders to set up a global central bank-type entity at their next summit in November, to address the challenges facing the international monetary system.

Heads of the G-20 are expected to meet in Cannes, France, on November 3 and 4, where they will discuss major issues concerning the economy and world finance.

In a report published on Monday, the Pontifical Council for Justice and Peace, an administrative branch of the Vatican dedicated to action-orient

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