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Top Fed official tells AP: Bond portfolio could shrink soon
NEW YORK (AP) -- A top Federal Reserve official suggested Monday that the Fed will likely announce next month that it will begin paring its bond portfolio - a step that could lead to slightly higher rates on mortgages and other loans....
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Mexico City, Mexico, Aug 14, 2017 / 02:35 pm (CNA/EWTN News).- The Archdiocese of Mexico has countered claims made by two former priests that Cardinal Norberto Rivera Carrera covered up the actions of pedophile priests, calling the allegations an “orchestrated farce.”The communications office of the Mexico City archdiocese reported that Cardinal Rivera had spoken to a Public Ministry official July 26, in response to the June 2 complaint filed by Alberto Athié and José Barba.Athié and Barba filed their complaint with the Attorney General of the Republic's Office, accusing Cardinal Rivera of the alleged cover-up of 15 pedophile priests. In the 1990s Athié had brought allegations against Fr. Marcial Maciel, founder of the Legion of Christ. Fr. Maciel was later removed from public ministry after it was verified he had committed sexual abuse and fathered several children.The Archdiocese of Mexico indicated that Athié and Barba base...
IMAGE: CNS photo/Erik De Castro, ReutersBy Tony C. DiazHAGATNA, Guam (CNS) -- TheCatholic Church on Guam is urging its members and all people on the island to beprayerful and stay centered in Christ amid threats of missile attacks by NorthKorea.Coadjutor Archbishop Michael J. Byrnesof Agana asked all priests to promote prayers of peace at all Masses Aug. 13 as tensions continue, following threats by North Koreadictator Kim JongUnto attack this American territory in the Marianas Islands."In your Masses this Sunday,especially in the prayer of the faithful, please offer prayers for peacebetween our nations, just resolution of differences, and prudence in bothspeech and action," Archbishop Byrnes said in a message to all priests of the Archdioceseof Agana Aug. 11."Please also offer prayers forthe men and women of our military, especially those whom we host on Guam, thatthey might find grace for diligence and courage as they execute their respectiveduties," he said.Guam has long had a hi...
SEPT-SORTS, France (AP) -- A man who may have been trying to kill himself rammed his car into a pizzeria east of Paris on Monday, killing a 13-year-old girl and injuring her younger brother and at least 11 others, authorities said....
