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...telecom services. And he is lifting his charitable profile, announcing he'll pour $10 billion over the next four years into his health- and education-related Fundacion Carso. Business and philanthropy experts alike hope these developments will help prime the pump not only in Mexico but throughout Latin America, where economic competition and charitable giving have abysmal histories. Slim may not have much competition at home, but when it comes to playing Santa Claus, he may finally be poised to take on the likes of Gates and Buffett...

Author: /time Magazine | Title: Why Not All of Mexico Is Happy for Carlos Slim | 4/14/2007 | See Source »

...having given controversial speeches and been confronted with fiery inter-faith conflict, particularly with Islam. A trip next month to Brazil, the first ocean crossing and first time among the fervent flock of the Third World, will further test both the pastoral and political aspects of his job, as Latin America continues to deal with widespread poverty and the continent's Catholics increasingly lose ground to Evangelical movements. Still the Pope has managed to keep up his writings, including the conclusion of a book he began in 2003 on the life of Jesus, which comes out Monday in Italian...

Author: /time Magazine | Title: A Step Backward for Pope Benedict? | 4/13/2007 | See Source »

...coming weeks, the Pope is expected to release a document that would allow the more widespread practice of the traditional Latin Mass, which was all but shelved with the reforms of the Second Vatican Council of the 1960s. Vatican Secretary of State Tarcisio Bertone recently confirmed to Le Figaro newspaper that this motu proprio, or personal initiative of the Pontiff, will allow any priest to say the mass according to the old Tridentine rite (which is delivered in Latin with the priest facing the altar, his back to the congregation), rather than have to seek approval from the local bishop...

Author: /time Magazine | Title: A Step Backward for Pope Benedict? | 4/13/2007 | See Source »

...fact, the one major disciplinary about-face expected is this coming document on the Latin Mass, a concession to the ultra-conservatives, who have been living and praying on the fringe of the Church since the reforms of the Second Vatican Council brought in mass in the vernacular. Said one Rome-based priest: "Opening up the Latin rite to anyone would amount to the Church turning back the reforms of Vatican II." A Vatican official who has worked closely with the Pope said that loosening rules on the Latin rite has been a long-time personal goal of Ratzinger...

Author: /time Magazine | Title: A Step Backward for Pope Benedict? | 4/13/2007 | See Source »

...Vatican official says that Benedict believes that the Council's legacy "has been abused," and finding a way to widen access to the Latin rite "has always remained in his heart." Still, even mainstream members of the Roman hierarchy are opposed, fearing that it will exacerbate divisions within the Church. French bishops have openly argued against it. The Pope's old office, the Congregation for the Doctrine of the Faith last spring, privately advised against the motu proprio, the Vatican official said. Still, Benedict does not appear swayed. The professor Pope may be happy to have a conversation on doctrine...

Author: /time Magazine | Title: A Step Backward for Pope Benedict? | 4/13/2007 | See Source »

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