Cardinal Theodore McCarrick, the archbishop emeritus of Washington, said in an interview with Bloomberg Television’s “Political Capital with Al Hunt,” airing this weekend, that he expects Roman Catholic Church leaders to intensify efforts on behalf of a new immigration law and gun-control measures.
Carlos Ghosn laid a $5 billion bet in 2009 that the world’s next Ford Model T would be electric, and that Nissan Motor Co. would lead a revolution embraced by nations such as Denmark. Three years later, sales of Leaf plug- in vehicles in the Nordic country: 73.
Pope Francis ventured outside the Vatican’s walls to pray at a Roman basilica and pay his hotel bill the day after becoming the first Roman Catholic leader to hail from outside Europe in more than 1,200 years.
The 115 voting cardinals of the Catholic church began today their secret conclave to choose the successor to Pope Benedict XVI. There is a saying in Rome that “he who enters the conclave a pope exits as a cardinal” and it is notoriously tricky to try to handicap the papal vote.
As Jorge Mario Bergoglio of Argentina, now known as Francis I, assumes leadership for the world’s 1.2 billion Catholics, we won’t presume to tell him how to think on matters religious. But for the sake of world markets, we hope the new pope will act in the best tradition of Catholic economic thought.