VATICAN CITY (AP) - Pope Benedict says the global financial crisis is a result of the quest for short-term gains at the expense of the common good.
In an annual peace message directed at world leaders, Benedict also said the widening gap between rich and poor is a threat to world peace.
The pope rejected the idea that high birthrates lead to poverty, pointing out that among the most developed countries, those with higher birth rates enjoy better opportunities for development. The church opposes artificial birth control and abortion.
(Copyright 2008 by The Associated Press. All Rights Reserved.)
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or firstname.lastname@example.org.