Pope to say close tax havens

(Christian Today): The Pope is to issue an encyclical in March, calling for the closure of all tax havens as part of the response to the world economic crisis. The Vatican considered releasing the encyclical last year, but decided to postpone the date of release in order to carry out thorough research on global economics and the current crisis. In a policy paper last December, the Vatican blamed the financial crisis on offshore centres.

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