Catholic Economy – Obotafumeiro Fri, 24 Sep 2021 19:29:58 +0000 en-US hourly 1 Catholic Economy – Obotafumeiro 32 32 “The economy is moving too fast,” said the Fed chairman. Fri, 24 Sep 2021 18:56:15 +0000

Federal Reserve Chairman (Fed, US Central Bank) Jerome Powell highlighted the pace of changes in the economy, amid the COVID-19 pandemic and its recovery. He spoke briefly about the matter at the conclusion of the virtual event for the federal hearing on Friday 24.

“It’s an economy that’s changing really, really fast, and it’s going to be a lot different,” Powell said. He noted that those with fewer resources are most affected, as in previous crises, and thanked participants for detailing some of these changes in their areas of work.

Listening to the Fed, Jerome Powell did not comment on monetary policy. In his speech, he underlined the importance of these events so that the leaders can hear directly the economic agents on the effects of the current situation on their company. He commented that this is particularly interesting in this “difficult” context of the COVID-19 pandemic. “The speed and severity of this decline – and the speed of recovery in many areas – is unprecedented in the modern age,” he commented.

Powell noted that some of the problems encountered are common to all industries, while others are specific to particular areas. He noted changes in the workplace, from safety protocols to covid-19 to fundamental changes in how industries operate, from food to film. He noted that “the company’s plans have been rethought, the outlook has been revised and the future is still shrouded in uncertainty.”

The Fed chairman said uncertainty “often leads to business stagnation, but can also be synonymous with opportunity.” He pointed to creativity and adaptability over the past 18 months as recent positive factors, especially in small businesses, to “meet the demands of a new reality”.

Asset purchases

Cleveland Federal Reserve Chairman Loretta Meester said on Friday that federal asset purchases were no longer working the way they used to. According to her, the Fed is already able to slow down the pace of purchases. In a speech, Meester said he was in favor of “tapering” – the gradual reduction in asset purchases – to begin in November.

Loretta Meester, speaking at the Ohio Bankers League event, said she doesn’t think bubbles are about to burst in the stock or real estate market, but stressed that we need to be careful.

Top 3 short-term profitability analysts share it exclusively on the stock market

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German elections 2021 – Partisan allegiances anchored in regional identity Fri, 24 Sep 2021 05:01:27 +0000

It is a sunny Monday at the end of August in the constituency of Emden-Vechta. Tucked away on Germany’s north coast, fishing boats float serenely as tourists stroll around in the early morning – the fresh fish on offer at lunchtime and the region’s Dutch flair seem to be a catch for day trippers .

In the port of Emden, three statues of the three “Delftspuckers” – emulating three unemployed fishermen spitting tobacco in the waters of the Delft – recall the long industrial and maritime history of the region.

At the end of the 16th century, Emden became the most important transshipment port in the North Sea and, 500 years later, continues to play a vital role as one of the three main European ports for the transport of cars, more particularly German vehicles.

Just minutes from the bustling shipyard is a Volkswagen factory. The automaker provides some 10,000 jobs for the region. In the not-so-distant future, Passat models that are currently leaving the production line will be replaced by electric vehicles.

The combination of a largely uninterrupted industry has, over the decades, resulted in strong support for the Social Democrats (SPD). Traditionally the blue collar party, the SPD, like many social democratic parties in Europe, has largely lost its relevance – and in due course voters. But this is less the case here in Aurich-Emden where more than 191,000 people are eligible to vote.

For many residents, voting for SPD is a matter of tradition.

“The popularity probably increased thanks to the large number of workers here in the 1950s, 60s and 70s,” says a local. “People’s parents and grandparents voted for them and it just passed down from generation to generation.”

In the 2017 elections, one in two voters here gave their first vote, which goes to a direct candidate, to Johann Saathoff of the SPD. Almost 38% gave their second vote, which goes to a party, to the SPD.

For Saathoff, a big part of the SPD’s success lies in communicating with voters.

“Even though I work in Berlin and Emden, I’m still reachable,” he says. I think half of the riding has my phone number. For me, the work doesn’t start just three weeks before an election. It starts the day after an election. “

Leaving the region, it is impossible to miss the enormous wind turbines that dot the East Frisian countryside. Their manufacture has also become an important factor for the local economy.

As the turbines disappear in the rearview mirror, we head further south, in the same state of Lower Saxony, to reach Cloppenburg-Vechta. Over 220,000 people here are eligible to vote. And in 2017, nearly 60% of them gave their first vote to Christian Democrat (CDU) candidate Silvia Breher. Just over 53% gave the conservative CDU their second vote or party vote.

Deep in the German countryside, the CDU is as deeply rooted in Cloppenburg-Vechta as Catholicism. The region has the lowest number of people leaving the Catholic Church in all of Germany.

In a food bank, a volunteer says that the Church and the CDU go hand in hand. “All in all, the CDU is all it takes here: namely, Christian and social. And that’s very important.”

As you drive between small towns, roadside statues of Jesus reach out to passers-by. But it was the pigs and less likely divine intervention that brought prosperity to the region.

Imports of animal feed and cultivation of the soil have led to enormous economic growth in the region since the 1960s. The results are exhibited in bricks and mortar, in the form of huge houses owned by farmers and cultivators. of the region. In the postwar years, economic success grew almost simultaneously with that of the CDU.

Today, however, farmers like Silke and Sven Diekhaus are worried about what the future may hold for their industry.

“Due to the change in the way people think, I would say it is getting really, really hard for agriculture,” says Silke, highlighting the push for more sustainable and organic farming.

His partner Sven says the CDU is the best choice to protect the region’s agriculture. “I think green agricultural policy is very ideological,” he says. “They will not be able to feed us in the long run.”

In this remote region where residents depend on their cars, climate protection policy also resonates differently with many voters.

Silvia Breher, CDU direct candidate in Cloppenburg-Vechta, believes that “other ideas” are needed to reduce carbon emissions in the region.

“When Berliners talk about local public transport and the ban on internal combustion engines by 2030, people here say yes, yes, we have to tackle the problem, but life here really depends on cars,” explains Breher.

However, in the heart of southwest Germany, climate protection has long been a priority for voters in Freiburg im Breisgau. After a long journey south, near the French border, we finish our lightning tour of the strongholds of the candidate chancellor party in the stronghold of the Greens.

In the 2017 federal election, the Greens’ direct candidate won 25.7% of the vote, and the party itself 21.2%. In comparison, the Greens walked away with just 8.7% of the vote nationally.

On the trail of the Greens’ campaign, Chantal Kopf, a direct candidate for Freiburg im Breisgau, says that support for the Greens dates back to a nearby protest in 1974 when protesters in Wyhl, near the city of Freiburg, launched into crusade against a planned nuclear power plant in the Kaiserstuhl region.

“This tradition continues,” says Kopf. “Especially among the young people of the Fridays for Future movement, which is particularly well represented here in the region and in Friborg.”

Nestled in the heart of nature in the Black Forest, the picturesque university town of Freiburg became the first city to elect a Green Party mayor almost 20 years ago.

In its desire to become more respectful of the environment, the district prides itself on priority cycle paths and sustainable urban housing projects such as Vauban, where all the houses have been built according to low energy consumption standards.

Two decades after it opened, nearly 6,000 people have made their home in the ecological district – and around 70% of them do without a private car.

“The Greens think of people – the less well off too,” says a resident of Vauban. They don’t have their noses in the air so to speak. And they think of little ones and children – for the future and for nature. “

For all of the major party strongholds, party allegiance has become largely embedded in a region’s identity. But the guaranteed success in their respective strongholds is by no means acquired for any party. Never before have voters been faced with an election during such a rapid period of change. It will be a fight for every vote.

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Epidemiological effect: lower consumption leads to lower prices for services even with higher inflation; See the articles that dropped the most Thu, 23 Sep 2021 10:55:51 +0000

In total, ten departments recorded a decline in their order book between January and August of this year (see table below), Refer to data from the Brazilian Institute of Geography and Statistics (IBGE), which is responsible for calculating the Consumer Price Index (IPCA), the official indicator of inflation in Brazil.

Notably, the accumulation of IPCA during the year up to August was 5.67%, which is the highest for the first eight months of the year since 2015, when it was 7 , 06%.

In total, ten services posted negative inflation rates over the cumulative period between January and August – Photo: Economy / G1

The service sector is the most important in the Brazilian economy. It has been hit hardest by the pandemic and is therefore the one experiencing the slowest and most uneven recovery. In July, out of the five main activities that make up the sector, only the services provided to families did not recover the losses caused by the health crisis, operating 23.2% below the level of February 2020. The ten services with Negative IPCA rates in 2021 are part of this activity.

The biggest contraction among services was the drop in air fares, with their average prices falling 33.81% during the year, followed by transport of orders, a drop of 14.33%.

According to André Braz, coordinator of the FGV-Ibre CPI, “the pandemic helps to understand why the prices of these services are lower during the year”.

In light of measures to restrict the movement of people to contain the Corona virus, the consumption of some of these services has declined. In the case of plane tickets, the sector is just starting to recover as the movement of people begins to recover more. He noted that with transfer by request, there has been a decrease in the flow of requesters.

Braz is hopeful that while these two services posted a contraction during the year, both had positive rates over the 12-month period – air fares increased by 30.15% and transport per order. increased 6.06%. This means that the average prices for both services are more expensive than in August of last year, but lower than in December.

Financial education: understanding what inflation is and how it affects your life

The FGV specialist pointed to the same impact on the demand of the pandemic as a possible explanation for the contraction of interstate bus services, voluntary vehicle insurance, higher education, youth education and adults, school transport and tourist packages.

There have even been cases where bus companies have broken down because people have stopped boarding the bus. In the insurance industry, no one needs to insure a car because they won’t be driving it. Ditto with package travel, where no one can travel. In the case of higher education, universities have granted reductions due to the switch from classroom to distance learning.

Deflation behind services

Of the 377 products and services that make up the IPCA, 59 recorded negative rates between January and August. Of these, the vast majority (35) are food, 14 are non-food products and 10 are services.

High prices were prevalent among most of the products and services examined to compose the inflation index – Image: Economy / g1

According to the price analyst of the IBGE National Consumer Price Index System André Almeida, it is generally not possible to indicate the reason for the decrease of these items in the consumption basket examined to calculate the index.

“These two articles [em deflação] He explained that there are various factors affecting this price drop.

Regarding food, Almeida pointed out that for those who live in nature, there are climatic influences that affect production, as well as the seasonality of the harvest of each product.

Over the cumulative period between January and August, 14 non-food items posted negative inflation – Photo: ECONOMY / G1

“In the case of airline tickets, the context of the pandemic can influence the formation of prices, just as fuel can also have an impact,” said the researcher.

Almeida also stressed the importance of noting, in addition to the index accumulated in the year, also the index accumulated in 12 months, in order to better assess the effects on the price variance of a particular product.

“In the case of potatoes, for example, the supply on the market was higher at the start of the year, which caused prices to fall. [-27,94% no acumulado do ano]. Already in the last 12 months she was made redundant [9,90%]Because the harvest was weaker last year.

The same goes for rice, which has accumulated a decrease of 10.11% per year, but recorded an increase of 32.68% in 12 months.

Inflation target and outlook

The central government’s target for inflation in 2021 is 3.75% and the tolerance range is 2.25% to 5.25%. To achieve this, the central bank increases or decreases the base interest rate of the economy (Selic).

Financial market estimates are already far from British Columbia’s targets: in the latest Focus survey, which compiles analysts’ expectations, inflation forecast for this year has already reached 8.35%.

For 2022, inflation is also showing signs of slipping: the financial market has raised its estimate from 4.03% to 4.10%. Next year, the central inflation target will be 3.5% and will be officially achieved if it oscillates between 2% and 5%.

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How protocol clashes mask secret agenda to reunite Ireland Wed, 22 Sep 2021 21:00:00 +0000

He also claimed that “the tectonic plates are shifting”, that there was “no longer a majority in Northern Ireland for either unionism or nationalism”, and instead there was “ground there is a growing understanding of people who want to talk about it – young people in particular – and we want to talk to them ”.

Irish Foreign Minister – and Deputy Head of Fine Gael – Simon Coveney, who is 49, has suggested a much shorter timeframe, saying he would like to see a united Ireland during its “political life”.

Mr Varadkar said north-south trade “is how we can overcome the pandemic and the effects of Brexit and together develop the economy of the whole island more effectively”.

Meanwhile Irish Taoiseach (Prime Minister) Michael Martin, seen as more moderate on the reunification issue, nevertheless insisted that his Fianna Fail party remained committed to a united Ireland.

Mr Martin wants to achieve this through “shared dialogue” and has been angered by calls for the United States for a border poll, which have included advertisements in the Washington Post and The New York Times, which have attempted to stir up nationalist sentiment by saying a failure to call a referendum would leave “a divided Ireland at the mercy of the British government”.

Then there is Irish President Michael D Higgins, the son of an IRA intelligence officer, who has said there are no “symbolic obstacles” to possible reunification but seems to have trouble. comfortable discussing the issue, saying: “Much work remains to be done in creating the conditions under which you could come to a mature decision that could be accepted by all participants.

The rise of Sinn Fein

With Stormont’s election coming up in May next year and Dail’s election in 2025 or earlier, it may be Sinn Fein who has the biggest say in the matter if he wins the more seats in both.

Sinn Fein, formerly known as the political wing of the IRA, now leads opinion polls both north and south of the border, and has the same number of seats in Dail as the Fianna Fail coalition (and more than Fine Gael), having garnered the most votes in the 2020 Irish elections. be able to form a coalition government next time.

In Stormont, Sinn Fein has only one seat less than the DUP, having won only 0.2% less of the vote than the Unionist party in 2017. If the current trend continues, the Ireland of the North will have its first prime minister from Sinn Fein within a few months.

Michelle O’Neill, Vice President of Sinn Fein and current Deputy Prime Minister of Stormont, is convinced that the protocol and its consequences have pushed people against Brexit.

She said the people of Northern Ireland have a “very difficult choice” and must decide whether they “want to be part of an inward-looking Britain on Brexit or an inclusive Ireland-facing Brexit. ‘outside”.

But Sinn Fein’s recent popularity is based on its national socialist policies, not its nationalist credentials, and polls have consistently shown that residents of the island of Ireland currently do not wish to unite.

The most recent survey of life and time in Northern Ireland, carried out annually by Queen’s University Belfast and the University of Ulster, found that 53% of voters in Northern Ireland preferred to stay in the UK. United, while only 30% wanted reunification. Even 17% of northern Catholics said they wanted to stay in the UK.

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CITIZEN COLUMN: My favorite foreign cities, n ° 7: Berlin | Chroniclers Wed, 22 Sep 2021 05:00:00 +0000

Berlin allowed bronze bricks / pavers all over the city to mark the addresses of all Jews exported from the Holocaust. Basically part of the same complex are monuments of the Berlin Wall with slabs still standing and preserved with appropriate text. Oddly enough, the new US Embassy is RIGHT THERE too, but purposefully across the line in the old east or at least straddling the two old sectors. And along some side streets, mounds of grass along the route of the Wall built to its former height, are now children’s playgrounds and picnic areas. And about a block away is the old Checkpoint Charlie (guarded passage between East and West), now with volunteer actors and several private museums, all great for photos.

Just along the canal behind the Brandenburg Gate stands the former City Palace of Berlin, now a great museum of Art and Lost Kingdoms. Nearby stands the Dom Berlin, the still beautiful old Catholic Church, but more Catholic, of course, essentially a museum piece with wonderful and amazing interior art and architecture.

Further in this direction opens the old center of the government of East Germany, now much modified, some buildings demolished, but with austere architecture reflecting an austere and oppressive regime, now bygone. By the way, the hotels in the old east sector are great and a little cheaper than in the west. (I prefer, don’t laugh, Best Western and Dorint.)

Now return to the other side of the Bundestag, through the large park (the Tiergarten), a huge collection of high quality museums: the Bauhaus, the Musical Instruments, Haus Der Kultrum, KPM, the Berlin State Museums (5), the Collectors rooms, the film museum and the science center. Allow at least two days for these visits. Head to Museum Island at the north end of Spree Island, for even more museums; the Berlin State Museums (6), the Humbolt Box and the Museum of Islam.

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Argentine President appoints new ministers; measures to come in the coming days – MercoPress Tue, 21 Sep 2021 09:37:00 +0000

Argentine President appoints new ministers; measures to come in the coming days

Tuesday, September 21, 2021 – 09:37 UTC

President Fernández seeks answers to those affected by the COVID-19 pandemic

Argentine President Alberto Fernández was sworn in on Monday to the new members of his cabinet, with whom he intends to reconfigure his government after a resounding defeat in the compulsory, open and simultaneous elections (PASO) of September 12 and the political crisis that ensued. followed.

The Fernández administration also unveiled a package of Keynesian measures designed to put money in the pockets of Argentine consumers in order to clean up its deteriorated image in the run-up to the November 14 midterm elections.

However, analysts agree that it is not enough to attribute the defeat to the economic crisis (42% poverty, 10% unemployment coupled with one of the highest inflation rates in the world 32 % in the first eight months of 2021) because no money can cover the feasts of Fernández. at the presidential residence at a time when he had ordered the whole country to remain isolated at home due to the coronavirus pandemic to which heads of government appeared to be immune.

To make matters worse, Argentina must pay the International Monetary Fund (IMF) a principal maturity of $ 1.9 billion by September 22 and yet a similar disbursement in December.

The gradual measures are aimed at boosting consumption and should also work as a sign of support for Economy Minister Martín Guzmán, who survived the major cabinet reshuffle. Guzmán’s first target would be those who, despite having a job and a stable income, have already reached the poverty line.

However, many economists have warned of the likely inflationary consequences of injecting large amounts of pesos into the market.

What people need is to have money in their pockets, that they can afford it, that they give them their wages, that we keep the promises we made to people , ?? said Senator Juliana Di Tullio, a politician loyal to former president and current vice president Cristina Fernández de Kirchner (CFK), who is visibly behind the government overhaul.

The solution is not to divide us, ??? Alberto Fernández said at the cabinet ceremony. “The debates have never touched me, ?? he added regarding his ideological differences with CFK.

Observers also highlighted the contradictions between the new ministers. Juan Manzur, the new chief of staff who had to leave his post as governor of the province of Tucumán, is a hardline Catholic who opposes abortion and has taken steps in this direction in his province as well as during his tenure as Minister of Health under CFK, is now part of an administration that has pushed to Congress for the legal termination of unwanted pregnancies.

The head of state also declared that the changes “always have a single meaning, to go towards a better project”.

?? They are intended to respond to a part of the Argentine constituency that has been affected by the pandemic so that the economic growth that is happening, has not reached them with the speed that we wanted, ?? he continued.

We want to be part of a country that integrates and functions to take out those who have been left behind in the postponement. It is not by chance that we preferred that a governor of the north take over as chief of staff to the cabinet, ”the president said of Manzur.

The new ministers are: Santiago Cafiero (Foreign Affairs), Aníbal Fernández (Security); Jaime Perzyck (Education); Daniel Filmus, (Sciences); Julián Domínguez (Livestock, agriculture and fishing). Juan Ross has also been named the new presidential spokesman.

After the ceremony, Fernández reviewed with Cafiero Tuesday’s speech which will be delivered virtually before the United Nations Assembly and which will focus on global financing.

Meanwhile, Manzur announced that “economic and health announcements”? are coming soon, after meeting with Minister of Health Carla Vizzotti.

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We should listen to what Pope Francis says about the climate crisis Tue, 21 Sep 2021 00:47:00 +0000

Climate change and environmental destruction are the greatest threats facing humanity today. It is a scandal that our world’s most vulnerable communities, those that have contributed least to the climate crisis, are the most affected, with millions facing hunger and displacement due to increasing drought and extreme weather conditions.

The spotlight will be on this critical global issue when government leaders, powerful business leaders and activists gather in Glasgow for two weeks in November for the next round of United Nations climate negotiations, or COP26.

This crucial summit will be a test of solidarity between the world’s rich and poor, and the most important climate talks since the signing of the Paris Agreement in 2015.

Caoimhe de Barra is Managing Director of Trócaire, an agency of the Irish Catholic Church that works around the world to fight poverty, inequality and injustice.

In June 2015, Pope Francis published his revolutionary encyclical on ecology, Laudato Si ‘- On the protection of our common home. The timing of its launch was recognized as a significant contribution to the signing of the Paris Agreement at the United Nations Climate Change Conference (COP21) that same year.

It is addressed to “every person living on this planet”, of all faiths, exhorting each of us to listen to “the cry of the earth and the cry of the poor”.

Human impact

Every day, Trócaire testifies to the burden and human impact of climate change facing people like Madalena Mangadzuwa (45), mother of six from Malawi. She operates a small plot of land in a country repeatedly hit by droughts, floods and cyclones, all directly linked to the climate crisis.

Malawi, where I worked for three years, is one of the countries in the world most affected by climate change, but the least contributing to it. Over the past 36 years, Malawi has experienced eight major droughts, affecting more than 24 million people.

Before Madalena joined a program run by Trócaire’s partner, Eagles Relief and Development, she was only able to produce enough food to feed her family for six months a year.

There is now a growing mobilization of people of all faiths and no one in the world behind climate justice

For the rest of the year, Madalena and thousands of other women in her dire situation were forced to use coping strategies that no mother should resort to: taking children out of school to work. ; doing daily “piecework” to earn enough for an evening meal; reduce meals to one or two a day or beg the neighbors. The girls got married when they were still teenagers so that families could eat.

But it doesn’t have to be. We in rich countries should not be asking people like Madalena, who are vulnerable to serious exploitation and abuse, to shoulder the burden of climate change.

Every political failure to act on climate change and every delay in implementing commitments places the burden of climate change on the shoulders of women like Madalena.

However, there is now a growing mobilization of people of all faiths and no one in the world behind climate justice. Laudato Si ‘is a radical document, which calls for deep and urgent action.

It challenges the status quo of a political economy that continues to increase carbon emissions more and more, despite all the evidence pointing to the devastating effects of climate change on current and future generations.

Madalena now produces 11 months of food from her own small farm, following training in agroecological practices supported by Trócaire

He urges those in power to rethink the structures and policies that put unlimited economic growth and private gain at the forefront. Laudato Si ‘encouraged Catholics around the world to link climate change to global injustice and to take action locally and globally.

Irish action

The church in Ireland has played its part. In 2018, the Irish Catholic Bishops ‘Conference became the first bishops’ conference in the world to announce their divestment from the fossil fuel industry, and individual dioceses have followed suit.

Wildfires in the drought-stricken western United States and Canada continue to burn large areas.  Photograph: US Forest Service / AFP via Getty

“Every political failure to act on climate change, and every delay in implementing commitments, places the burden of climate change on the shoulders of women like Madalena.” Photograph: US Forest Service / AFP via Getty

Trócaire, inspired by Laudato Sí ‘, is not only committed to ensuring that Madalena and others in her situation are protected from the worst impacts of climate change, but that they also have a voice in this global debate on climate change.

Madalena now produces 11 months of food from her own small farm, following training in agroecological practices supported by Trócaire. She participates in community discussions on how to reduce the impact of climate change.

Her community is represented by young Malawian activists who campaigned both for climate legislation in Malawi and for the global community to take concrete action under the Paris Agreement.

Trócaire’s Living Laudato Si ‘project is mobilizing communities across Ireland to take action. Ahead of COP26, Trócaire supports a petition approved by the Vatican entitled “Healthy Planet, Healthy People”.

He calls for a united and fair response to the crises of Covid-19, climate and biodiversity. It calls for an end to fossil fuels and harmful agricultural approaches, as well as the protection of the rights of indigenous peoples and local communities.

Signing the petition at is a simple action we can all take today and invite our friends and communities to do the same.

We all have to play our part.

Details of Trócaire’s Living Laudato Si ‘project are at

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Midnight Mass Review: Transubstantiate Your Fear on Netflix Mon, 20 Sep 2021 15:07:00 +0000

At Midnight Mass‘Crockett Island, every islander feels in the throes of misfortune. The recent oil spill nearly wiped out the fish supply, causing the island’s local fishing economy to plummet. Their homes are shattering and flaking, neglecting the elements of the ocean. The majority of residents have fled the island for lack of opportunities, leaving some paltry behind them. Only two ferries can take them to the mainland. Hope is lacking and a major storm is looming on the horizon.

There is no shortage of reasons to be a God-fearing Christian on this island.

It is therefore not surprising that Midnight Mass sends the public directly to St Patrick’s Church, a small Catholic parish that functions as the heart of Crockett’s social life. Run by old Monsignor Pruitt and micromanaged by Bev Keane (Samantha Sloyan), a young right-thinking fanatic, the church seems mundane. But when Bishop Pruitt does not return from his trip to the Holy Land, an enigmatic new Father Paul (Hamish Linklater) takes the pulpit in his place and the meaning of faith for parishioners changes in real time.

Anything beyond that for this seven-episode series is a real spoiler, but what we can say is that even with its dabbles in the supernatural, Midnight Mass (created by The haunting‘s Mike Flanagan, in his most recent collaboration with Netflix), is a show that digs inward rather than outward. With both the physical claustrophobia of Crockett’s set and the internal suffering of the characters placed in the center of the scene, Midnight Mass is concerned with inner horrors: addictive tendencies, secret stories, and questions of forgiveness and belief. At a glance, it’s a series that exploited Catholic guilt for gold. In another, it’s a measured, yet frightening, approach to group psychology, the need for faith in grief, and the ethics of leadership with such vulnerable followers, weighing whether those impulses represent the human goodness, evil or just nothing at all.

Not everyone on the island accepts the Catholic faith or Father Paul’s charisma in stride. There is a counterweight provided: the fallen son of Crockett (Zach Gilford), an avowed atheist; the recently relocated Muslim and New Yorker sheriff (Rahul Kohli); and drunk local nihilist (Robert Longstreet). Everyone sees the rhythms of the island differently, but in a convincing way. There is a price to pay for foreigners in small towns, let alone small islands. But their individual perspectives enrich viewers to think beyond church politics in a way that represents intra-group versus outside dynamics on a universal scale.

The tension rises as you go Midnight Mass tighten the screws of its plot under the viewer in each episode. The characters collapse and the audience collapses with them. Jumping almost directly into the Lent season, the Watchers simultaneously leave ordinary time and enter a frightening season. “Happy are those who have not seen and who have believed.” Midnight Mass offers a chance for anyone to doubt Thomas or a true believer. How different is a miracle from a supernatural event, anyway?

Midnight Mass premieres Friday, September 24 on Netflix.

Katherine Smith is a Virginia-based freelance writer and contributor to Paste the magazine. For her thoughts on popular culture, politics and beyond, find her on Twitter @k_marie_smith

For all the latest TV news, reviews, listings and features follow @Coller_TV.

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FG lacks sincerity to fight against insecurity -Martins, Catholic Archbishop of Lagos – The Sun Nigeria Sun, 19 Sep 2021 02:30:43 +0000

Through Laurent Enyoghasu

Lagos Catholic Archbishop Alfred Adewale Martins said President Muhammadu Buhari’s administration is not sincere in tackling insecurity as it continues to hamper voluntary groups and fail to equip security forces.

Martins said this yesterday in Lagos State at the grand finale of the Knights of Saint Mulumba 60th anniversary celebration, adding that the breakdown in politics and values ​​has led to the emergence of unpatriotic leaders.

Martin, who coincidentally celebrated his 38th priestly ordination, said Nigerian politicians have lost faith in service to humanity and are looking for personal gain.

His words: “Insecurity is the major problem we have in Nigeria today, even the church is not safe. The government is supposed to have access to experts who will bring their expertise to solve the problem, but it does not.

When you hear the kinds of complaints and dissatisfaction from the military and the various parties, you will know that the government is disingenuous. The supply of arms and ammunition to the security forces is insufficient.

“One of the things about Nigerian politicians is the inconsistency in goals and principles. When Femi Fani-Kayode criticized Buhari, it was not principled, otherwise he would not have joined or moved on to All Progressive Congress. It’s no surprise that we are where we are today because we have people like him who are inconsistent, ”he said.

Meanwhile, the Grand Knight Metropolitan of Lagos, KSM William Adebisi, has instructed the government to take the issue of security seriously as it affects the health and economy of the company and the behavior change of inmates ”, did he declare.

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Reviews | The billions most in need of aid may also benefit, as Americans did, from changes in economic policy. Sat, 18 Sep 2021 16:31:23 +0000

The global economy faces serious risks going forward: for example, an estimated $ 2.3 trillion in revenue is expected to be lost in 2022-2025 due to vaccine inequality, most of it in countries in development.

In the United States, the Federal Reserve has lowered interest rates to zero and created more than $ 3.6 trillion since the start of the pandemic. Fiscal policy was also unprecedented, with a federal budget deficit of 15% of GDP last year and forecast at 13.4% for 2021. This is how we got an increase in unemployment benefits, a credit for children’s tax, unprecedented stimulus checks, expanded food stamps, and more, dramatically lowering the poverty rate in the United States.

In June, the World Food Program estimated an increase of 121 million people who have become “acutely food insecure or at high risk” since the start of the pandemic.

But billions of people live in low- and middle-income countries that don’t have the same options. Since poverty is so much more serious, it is more a matter of life and death. In June, the World Food Program estimated an increase of 121 million people who have become “acutely food insecure or at high risk” since the start of the pandemic. This is an “unprecedented” increase of 81%; it could kill millions of people, especially children. Malnutrition in children dramatically increases preventable deaths from other causes.

There is no central bank for the world economy, nor a world currency, which can be used to help mobilize the kind of resources for the world that the Federal Reserve and the European Central Bank have created with their own currencies. . But the IMF can do something similar, and it can save millions of lives.

Last month, the Fund issued $ 650 billion in international reserve assets – called Special Drawing Rights (SDRs) – for all IMF member countries.

According to IMF rules, these can be exchanged for hard currencies, such as dollars or euros, by countries in need. SDRs are not loans and should not be repaid; there are no conditions attached to it.

A striking feature of this innovation – which was rolled out during the global recession of 2009 – is that many countries that do not actually convert SDRs into currency still benefit. Just by having more international reserves, they are less likely to face balance of payments crises, fiscal or credit crises, or recessions that worsen when their economies slow down.

These new international reserves also free up other resources in developing countries for essential imports such as vaccines, medicines and food. And they can be exchanged for hard currencies if needed.

But there is politics involved, and it can ruin everything. Steven Mnuchin, Trump’s Secretary of the Treasury, immediately blocked the IMF from issuing SDRs when the Fund’s managing director proposed it in March 2020. Congress can cancel the Treasury, and the House therefore passed a law l last year for the US government to approve “at least SDR 2,000 billion” – worth $ 2.8 trillion – to the Fund.

But Republicans blocked legislation in the Senate. When Biden took office, the new Treasury Department accepted at the IMF just about anything it could approve without a vote from Congress. This is the $ 650 billion the IMF issued last month.

But this $ 650 billion issue was not enough to meet the needs that most of the world faces, in order to save the lives of those who can be.

The US economy also benefits from any issuance of SDRs, as our exports depend on demand from the rest of the global economy. The number of jobs related to US exports lost due to the global recession is estimated at more than 2 million; these will return sooner if the global economy recovers faster.

So members of Congress returned, with legislation in both the House and the Senate, to get the rest of what the House approved last year. It was passed by the House again this year, but the Republican leadership is still blocking it in the Senate.

There is no reason for anyone to make this a partisan issue. There is no budgetary or cost issue for the US government; SDRs are not foreign aid. Supporters of a larger DTS issue included hundreds of economists, former and current heads of state and ministers from all political backgrounds. There is hardly any economist – of any political persuasion – who has said anything against this; this is because there are no significant downside risks. Organizations representing tens of millions of Americans, including large religious organizations such as the United States Conference of Catholic Bishops, have supported the multi-billion dollar issues passed by the United States House of Representatives.

Of course, the United States is politically polarized right now, and this legislation was brought forward by Democrats. But just a few weeks ago, 19 Republican senators, including Minority Leader Mitch McConnell, joined Democrats in passing a $ 1,000 billion infrastructure bill. It’s real money. And former President Trump, who remains the most powerful Republican, urged them to vote no. (Trump never said a word about SDR.)

No senator will face a campaign attack ad campaign next year accusing them of supporting Special Drawing Rights. There must be at least one Republican senator who has the courage to support something that will create jobs in the United States, save lives all over the world, and cost the United States nothing.

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