Browsing: economy

Source: Commonweal By John Chryssavgis At the latest G7 summit in Biarritz, U.S. President Donald Trump reassured the world that “our economy is creating jobs and helping the poor.” A similar confidence was expressed in a recent op-ed published by the Wall Street Journal. It was titled “Making Money is a Patriotic Act” (August 13, 2019). Signed by Bernie Marcus, a cofounder of Home Depot, and the New York City supermarket magnate John Catsimatidis, the op-ed opened with a striking, quasi-religious claim: “The two of us are quite rich. We have earned more money than we could have imagined and more…

Source: The National Herald Theodore Kalmoukos BOSTON, MA – His Beatitude Archbishop Chrysostomos of Cyprus told TNH that he blamed the current Cypriot government of Demetris Christofias for the economic crisis as well as the political dead ends. “I believe that the government didn’t do its duty. It let things to roll over on their own.” Chrysostomos added that “I can tell you that the government worked negatively and that is why we have come to this point. At any rate now, it’s leaving in two months and we are going to have a new government.” The prelate revealed that…