POPE DEDICATES MAY PRAYER INTENTION TO “WORLD OF FINANCE”

POPE DEDICATES MAY PRAYER INTENTION TO “WORLD OF FINANCE”

Following is the text of Pope Francis’ video message with his prayer intention for the month of May on the theme “The world of finance: ‘Let us pray that those responsible for finance collaborate with governments to regulate financial markets and protect citizens from its dangers’.”

“While the real economy, the one that creates jobs, is in crisis – how many people are out of work! Financial markets have never been as hypertrophic** as they are now.

How far is the world of big finance from most people’s lives!

Finance, if not regulated, becomes pure speculation animated by monetary policies.

This situation is unsustainable. It’s dangerous

To prevent the poor from again paying the consequences, financial speculation must be strictly regulated.

Speculation. I want to emphasize this term.

Finance is a tool of service, a tool to serve people and to take care of the common home!

We still have time to start a process of global change to put into practice a different, more just, inclusive, sustainable economy that leaves no one behind. Let’s do it!

And let’s pray for finance leaders to work with governments to regulate financial markets and protect citizens in danger.”

Click here for video prepared by Pope’s Worldwide Prayer Network of Pope Francis’ May prayer intention with English subtitles: Pope’s May prayer intention: ‘For the world of finance’ – Vatican News