The London Interbank Offered Rate (Libor) — once called the world’s most important number — is an interest-rate benchmark that has influenced borrowing costs for consumers, businesses, and investors around the world since 1986.1–2 It’s been quoted in five currencies (British pound, Swiss franc, Euro, Japanese yen, and U.S. dollar) from the daily submissions of…
POPE FRANCIS TO CONFER NEW LAY MINISTRIES FOR FIRST TIME IN ST. PETER’S BASILICA
The Vatican has announced that Pope Francis will confer the ministries of catechist, lector, and acolyte upon lay men and