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Ex-pope Benedict chides ‘fanatical’ Catholics who reject his resignation

Former pope Benedict has chided conservative Roman Catholics who have not accepted his decision to resign as “fanatical”, telling them that there is only one pope and it is Francis. Benedict, now 93, in 2013 became the first pope in more than 600 years to resign instead of ruling for life, saying he no longer had the strength to govern the 1.3 billion-member Church. Some hardline conservatives unhappy with the more liberal Pope Francis have often voiced doubts about whether Benedict stepped down willingly, even though he has said several times in the past eight years that he did. “It was a difficult decision. But it was a fully conscious choice and I think I did well (to resign),” he told Italy’s Corriere della Sera in a interview published on Monday. “Some of my more fanatical friends are...

Gold rises on renewed US stimulus hope, dollar falls

Spot gold rose 0.3 percent to $1,910.56 an ounce at 3:37pm, New York time, after falling as much as 0.5 percent. Gold rose on renewed optimism for a preelection aid package in the U.S., while the dollar fell to a one-week low. House Speaker Nancy Pelosi said a bill for a compromise stimulus package is being written as she awaits a key phone call with Treasury Secretary Steven Mnuchin. Senate Majority Leader Mitch McConnell said his chamber would take up a comprehensive coronavirus package if an accord is struck. The Bloomberg Dollar Spot Index headed for the third straight decline. Pelosi said in a Bloomberg Television interview that while there are areas where more work is required to get a compromise, she was pleased with the Trump administration’s latest position on coronavirus testing ...