Economy | ANALYSIS
Households to take hit from tax hike
by Tomoko Otake
The consumption tax increase will hit every household in Japan hard, with many people’s financial future hanging on whether their wages rise enough to offset the hike's impact.
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P/CLOUDY
On an April 2009 visit to the Italian mountain town of Sulmona, Pope Benedict XVI solemnly placed his pallium, the vestment symbolizing his papal authority, on the tomb of Celestine V. The medieval pontiff’s abdication in 1294 had resulted in imprisonment by his successor ...
Misconceptions abound about how 117 cardinals, gathering from across the globe inside the Vatican's Sistine Chapel, will elect a new pope next month.
Pope Benedict XVI delivered an emotional final Sunday prayer in St. Peter’s Square, saying God had told him to devote himself to quiet contemplation but pledging not to “abandon” the church. Tens of thousands of supporters turned out for Benedict’s weekly Angelus prayer, his ...
Of the long list of problems the next pope will inherit once the white smoke rises in Rome, few on the diplomatic front can rival the bitter, intractable relationship between the Vatican and the Chinese government. The two powers have long battled for control ...
Pope Benedict XVI may enact a new law governing the upcoming conclave to elect a new pope amid continued uncertainty over when the voting can begin. The Vatican’s spokesman said Wednesday he didn’t know for sure if the law would address the timing of ...
Inside a 13th-century monastery in a sleepy village north of Rome, the Rev. Salvatore Palumbo was allegedly serving more than one higher authority. Italian prosecutors say a Ferrari-driving lawyer who defrauded insurance companies used the priest as a front man, with Palumbo stashing the ...
Pope Benedict XVI says he will resign this month because of his advancing age in a fast-changing world, becoming the first pontiff in 600 years to step down of his own free will. The 85-year-old said Monday he will step down on Feb. 28 ...
Yes, Pope Benedict XVI came into the Vatican with the reputation as God’s Rottweiler. Yes, he was an archconservative who seemed to care a lot more about liturgical orthodoxy than the plight of the church’s progressives. Yes, he never escaped the shadow of the ...
Pope Benedict XVI, who stunned the world Monday with the announcement he will resign on Feb. 28 because his age is impairing his ability to govern, is the first pontiff to step down in almost 600 years. In 2,000 years, only one pope has ...
Pope Benedict XVI says Monday he lacks the strength to fulfill his duties and on Feb. 28 will become the first pontiff in 600 years to resign.