capitalism

Pope Francis Protested Against Unbridled Capitalism

Pope Francis complained over unbridled capitalism and the worship of money in a speech he made during his visit in Asuncion, Paraguay on July 12, one of the three countries in South America he visited over the weekend, including Bolivia and Ecuador. Accordingly, Bolivian President Evo Morales said that Pope Francis is preaching socialism, saying that the Pope is the "first and the best politician in the world".

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France raises Renault stake to ensure long-term control

The French government has been buying shares in French carmaker Renault SA (RENA.PA) to increase its stake to up to 19.73 percent with the aim of blocking a resolution at the next annual general meeting that could reduce its control over the company.

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In Pentagon deal with Russians, big profit for tiny Florida firm

For months, a powerful U.S. senator has been pushing for details of a murky deal under which a Russian manufacturer supplies the rocket engines used to launch America’s spy satellites into space.

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