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How many saints can Pope Leo add to his army?

Business World Philippines

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June 25, 2025

POPE LEO XIV must have found out about the US bombing of Iran’s nuclear sites just like the rest of Europe — first thing Sunday morning upon waking. It was the 46th day of his papacy and he did what the Roman pontiff was expected to do. At his weekly noon message to the vast throng gathered in St. Peter’s Square, he condemned war as an instrument of policy and pleaded with world leaders to remember the suffering of the innocent. The

- By Howard Chua-Eoan

How many saints can Pope Leo add to his army?

crowd applauded on that muggy morning, but those virtues feel a little toothless in the wake of bunker-busters and the potential for anarchy.

A geopolitical lesson of the late 20th century was never to underestimate the power of the papacy. John Paul II played a part in dissolving the Soviet-led Warsaw Pact and ending the Cold War, but that’s increasingly dusty history. The Vatican has spent the last couple of decades cleaning up Saint John Paul’s administrative messes — from priestly abuse to banking fiascos. The late Pope Francis may have come across as avuncular, embracing, and a liberal, but he was also a tough manager and went a long way to putting the Vatican back on a surer financial footing, although more work needs to be done.

Despite its inadequacies, the Roman Catholic Church remains an enormous globalized organization. It’s had a long head start. The department that oversaw the evangelization — that is, the conversion — of the world was established in 1600. Barocco Globale, an intriguing show at the armory of the Quirinale in Rome, shows the breadth of papal geopolitical interests in the 17th century. It opens with the state funeral that Pope Paul V organized for the ambassador of the Congolese king, who died in Rome after a perilous trip to the Holy See. The diplomat’s posthumous bust — modeled on a version of ancient Rome's African nemesis, Hannibal — was displayed in Santa Maria Maggiore, the basilica where Francis is now interred.

MEER VERHALEN VAN Business World Philippines

Business World Philippines

Judicial Reform Initiative: celebrating a decade of resolve

This year marks the 10 anniversary of the Judicial Reform Initiative (JRI), a milestone that allows us to reflect on a decade of dedicated effort to strengthen one of the most vital pillars of our democracy: the rule of law.

time to read

2 mins

December 19, 2025

Business World Philippines

Business World Philippines

It ain't over 'til the fat lady sings

For years now, we have written — perhaps too often — about the extraordinary plunder of public money involving politicians, public works engineers and officials, and their collaborating private contractors.

time to read

6 mins

December 19, 2025

Business World Philippines

BPI plans to merge thrift units Banko, Legazpi Savings Bank

BANK of the Philippine Islands (BPI is set to merge its thrift bank subsidiaries BPI Direct BanKo, Inc., A Savings Bank (BanKo) and Legazpi Savings Bank, Inc. (LSB), it said on Thursday.

time to read

1 mins

December 19, 2025

Business World Philippines

Customs chief expects revenue collection to hit P939 billion this year

THE Bureau of Customs (BoC) said revenue collection may come in below target this year due to slower import activity amid the rice import ban and the corruption scandal.

time to read

3 mins

December 19, 2025

Business World Philippines

Warner Bros. Discovery board rejects rival bid from Paramount

Warner Bros. Discovery’s (WBD) board spurned Paramount Skydance’s (PSKY) $108.4-billion hostile takeover bid on Wednesday, calling the offer “illusory” as it accused the studio giant of misleading shareholders about its financing.

time to read

4 mins

December 19, 2025

Business World Philippines

Sun Life Grepa offers new insurance plan

SUN LIFE Grepa Financial, Inc. has launched a new life insurance product that allows customers to tap various investment funds.

time to read

1 min

December 19, 2025

Business World Philippines

Budget ratification and signing set for Dec. 29

PHILIPPINE LAWMAKERS on Thursday reconciled disagreeing provisions of the proposed P6.793-trillion national budget for 2026, ending Congress’ review of the spending plan marked by one of the most contentious proceedings in recent years amid a corruption scandal over flood control projects.

time to read

5 mins

December 19, 2025

Business World Philippines

Grade 5 PHL students trail Southeast Asian peers in reading, math

GRADE 5 students in the Philippines continue to fall behind most Southeast Asian neighbors in terms of proficiency in reading and mathematics, a learning assessment program by the United Nations Children's Fund (UNICEF) and the Southeast Asian Ministers of Education Organization (SEAMEO) showed.

time to read

4 mins

December 19, 2025

Business World Philippines

Business World Philippines

Wishes for the children

On Christmas week, we pray for love, grace, forgiveness, hope, protection and world peace.

time to read

2 mins

December 19, 2025

Business World Philippines

Business World Philippines

The US needs to welcome immigrants, not demonize them

EVEN for an administration that makes no secret of its antipathy toward immigrants, recent rhetoric from the White House has been alarming and inflammatory — and at odds with reality.

time to read

2 mins

December 19, 2025

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