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.
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Start your day informed with the AnewZ Morning Brief. Here are the top stories for 31 May, covering the latest developments you need to know.
Donald Trump said he is “in no hurry” to reach a deal with Iran, insisting the U.S. is slowly getting what it wants. He warned military action remains an option if talks fail. Meanwhile, U.S. forces said they fired a missile at a vessel trying to breach Washington’s blockade of Iran.
Thousands of residents blocked Austria’s Brenner motorway on Saturday (30 May), shutting down a major north-south transport route through the Alps in protest against persistent congestion from heavy truck traffic and tourism.
A group of Azerbaijani civil society organisations has called for increased scrutiny of Swiss building materials giant Holcim, citing court rulings and ongoing investigations linked to its subsidiary Lafarge's activities during the Syrian conflict.
Iranian-made Yassin missiles were spotted mounted on Armenian Air Force fighter aircraft during Armenia's latest military parade on Thursday (28 May), drawing attention from defence observers and regional analysts.
Thai rescuers say five people have been pulled alive from a flooded cave in remote Laos, where seven villagers became trapped after heavy rain cut off access underground.
The Philippines remains under a "severe threat" from China despite recent efforts by Washington and Beijing to ease tensions, Philippine Defence Secretary Gilberto Teodoro said on Saturday (30 May).
Russia has recalled its ambassador to Armenia for consultations, citing Yerevan's growing rapprochement with the European Union. The move is seen as the latest sign of deteriorating relations between the longtime allies ahead of Armenia's parliamentary election on 7 June.
The head of the World Health Organization (WHO) travelled to eastern Democratic Republic of Congo on Saturday (30 May), urging communities to seek medical care quickly and follow safe burial practices as authorities work to contain a rapidly growing Ebola outbreak.
Start your day informed with the AnewZ Morning Brief. Here are the top stories for 31 May, covering the latest developments you need to know.
The Philippines remains under a "severe threat" from China despite recent efforts by Washington and Beijing to ease tensions, Philippine Defence Secretary Gilberto Teodoro said on Saturday (30 May).
U.S. Defense Secretary Pete Hegseth has urged Asian allies to increase military spending, warning of growing concern over China’s rapid military expansion and wider activities in the region.
Thai rescuers say five people have been pulled alive from a flooded cave in remote Laos, where seven villagers became trapped after heavy rain cut off access underground.
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