Because of inflation’s continuing impact, and the performance — “or, lack of performance,” Bishop Parkes told the bishops — of the stock market, budget figures were revised from those sent earlier in the fall. On Nov. 16, the bishops approved the revised budget 215-4, with one abstention.
Bishop José Ionilton Lisboa de Oliveira said at first the decree was only about suspending resources given by politicians, but he decided to make the decree also include companies.
Online child sexual abuse is a booming international business and religious congregations holding stocks in major telecom firms are stepping up their advocacy to thwart it.
