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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Posted By Global Banking and Finance Review

    Posted on April 22, 2025

    Featured image for article about Headlines

    By Alasdair Pal and Lucy Craymer

    SYDNEY (Reuters) - Australia’s Prime Minister Anthony Albanese cancelled some of his election campaigning events on Tuesday to mark the death of Pope Francis, while people across the Pacific region mourned his passing.

    Albanese, educated in Catholic schools, attended a mass at St Patrick's Cathedral in Melbourne.

    "The holy father was one of the most consequential leaders of this century and of our lifetime. He was, indeed, the people's Pope," Albanese, in a black suit and tie, told a news conference, adding he had paused election campaigning on Tuesday morning.

    The prime minister said government flags would fly at half mast as a sign of respect for Pope Francis.

    "He was tireless in advocating for the powerless, campaigning against poverty, for the rights of working people and for protecting our natural environment," Albanese said.

    Early voting opens on Tuesday for the Australian elections scheduled for May 3. Opposition leader Peter Dutton said he believed that campaigning could happen but it would be a respectful day.

    The leaders debate scheduled for Tuesday evening is expected to go ahead.

    Australian Catholic Bishops Conference President, Archbishop Timothy Costelloe, said in a statement that the pope’s death did not come as a surprise given his age and declining health, but the news was received with great sadness.

    With Christianity widespread across the Pacific and large Catholic populations in a number of Pacific islands, including Tonga and Papua New Guinea, the pontiff's death is expected to be felt widely.

    Masses are planned in Australia, New Zealand and across the Pacific to pray for Pope Francis ahead of his funeral.

    Solomon Islands Archbishop Christopher Cardone said a big mass would be held on Friday at the Holy Cross Cathedral to mark his death with politicians and diplomats expected to attend.

    "(Pope Francis') ecumenical spirit and commitment to social and ecological justice and in particular, leadership grounded in compassion for the vulnerable ... were an inspiration,” the Pacific Conference of Churches, which includes Catholic and Protestant churches, added in a statement.

    Four cardinals from Australia, New Zealand, Tonga and Papua New Guinea are expected to head to Rome to participate in the conclave to select the next pope.

    (Reporting by Lucy Craymer and Alasdair Pal; Editing by Sonali Paul)

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