Pope Leo has criticised corporate pay packages that grant executives hundreds of times more than workers, citing Tesla’s $1 trillion compensation plan for CEO Elon Musk. The remarks came in excerpts from his first media interview, released on Sunday by Catholic news site Crux.
The U.S.-born pontiff, elected in May to succeed Pope Francis, said CEOs once made four to six times more than employees but now earn 600 times more. “Yesterday (there was) the news that Elon Musk is going to be the first trillionaire in the world. What does that mean and what’s that about? If that is the only thing that has value anymore, then we’re in big trouble,” Leo said.
Leo also criticised the United Nations, saying it had lost its ability to foster effective multilateral diplomacy. “The United Nations should be the place where many issues are dealt with,” he said. “Unfortunately, it seems to be generally recognised that the United Nations, at least at this moment in time, has lost its ability to bring people together.”
The new pope, originally from Chicago, reflected on decades as a missionary in Peru and how he has been adapting to the papacy. He admitted he felt prepared to lead Catholics on spiritual matters but less prepared for global diplomacy. “The totally new aspect to this job is being thrown onto the level of world leader. I’m learning a lot and feeling very challenged, but not overwhelmed,” he said.
Tourists from all over the world flock to Paris, France for elaborate Valentine’s Day proposals, with agencies reporting record bookings and luxury ...
Britain, France, Germany, Sweden and the Netherlands said on Saturday (14 February) they are convinced that late Kremlin critic Alexei Navalny was poi...
“Respected and feared globally,” U.S. President Donald Trump told troops at Fort Bragg on Friday (13 February), framing America’s renewed streng...
The U.S. Department of Homeland Security (DHS) has partially shut down after Congress failed to reach agreement on immigration enforcement changes, de...
Israeli army chief Eyal Zamir said on Friday (13 February) that Israel remains committed to the complete demilitarization of the Gaza Strip and the di...
Tourists from all over the world flock to Paris, France for elaborate Valentine’s Day proposals, with agencies reporting record bookings and luxury packages reaching up to €100,000.
Britain, France, Germany, Sweden and the Netherlands said on Saturday (14 February) they are convinced that late Kremlin critic Alexei Navalny was poisoned with a lethal toxin in a Russian penal colony two years ago.
“Respected and feared globally,” U.S. President Donald Trump told troops at Fort Bragg on Friday (13 February), framing America’s renewed strength against to mounting pressure on Iran amid stalled nuclear talks.
The U.S. Department of Homeland Security (DHS) has partially shut down after Congress failed to reach agreement on immigration enforcement changes, deepening a political standoff between the White House and Senate Democrats.
Europe heads into the Munich Security Conference, on Friday (13 February), amid deepening unease over U.S. policy, as President Donald Trump’s hard-line stance on defence, trade and territory fuels doubts about Washington’s long-term commitment to transatlantic security.
American figure skating star Ilia Malinin endured a dramatic collapse in the men’s free skate on Friday night, falling twice and tumbling out of medal contention at the Milan Cortina Winter Olympics as Kazakhstan’s Mikhail Shaidorov surged to a surprise gold medal.
“Respected and feared globally,” U.S. President Donald Trump told troops at Fort Bragg on Friday (13 February), framing America’s renewed strength against to mounting pressure on Iran amid stalled nuclear talks.
Dubai-based global ports operator DP World said on Friday that its long-serving chairman and chief executive, Sultan Ahmed Bin Sulayem, has stepped down following mounting pressure linked to alleged ties to disgraced financier Jeffrey Epstein.
Speaking at Munich Security Conference, Ukrainian foreign minister Andrii Sybiha calls for decisive steps ahead of expected Geneva talks
Britain, France, Germany, Sweden and the Netherlands said on Saturday (14 February) they are convinced that late Kremlin critic Alexei Navalny was poisoned with a lethal toxin in a Russian penal colony two years ago.
The U.S. Department of Homeland Security (DHS) has partially shut down after Congress failed to reach agreement on immigration enforcement changes, deepening a political standoff between the White House and Senate Democrats.
Israeli army chief Eyal Zamir said on Friday (13 February) that Israel remains committed to the complete demilitarization of the Gaza Strip and the disarmament of Hamas, calling for intensified operations to destroy tunnel networks and control access along the ceasefire line.
“Real security guarantees are needed before the war ends,” Ukrainian President Volodymyr Zelenskyy said at the Munich Security Conference on Saturday (14 February), warning that Russian aggression shows no sign of relenting.
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