Showing posts with label debt. Show all posts
Showing posts with label debt. Show all posts

Friday, October 11, 2013

Anglicans could lose new igloo church in Canadian Arctic

From Alaska-

Officials from the Anglican diocese of the Arctic say they are in a financial crisis after receivers for a bankrupt contractor asked for the outstanding bills on the new cathedral in Iqaluit, the capital city of Canada’s eastern Arctic territory of Nunavut, to be paid.

“We risk losing our cathedral for the second time in a decade because Dowland’s receiver is asking for a payment of outstanding Dowland bills,” Bishop David Parsons at a press conference on Monday.

The new St. Jude’s cathedral, which opened last year, replaced a church destroyed by a deliberately-set fire in 2005.


More here-

http://www.alaskadispatch.com/article/20131010/anglicans-could-lose-new-igloo-church-canadian-arctic

Anglican diocese accounts frozen

From Australia-

The Commonwealth Bank has frozen several of the Bathurst Anglican diocese’s accounts as it moves to recover as much of the $36 million debt owed as possible.

The sale of the Orange Anglican Grammar School and the Macquarie Anglican Grammar School in Dubbo, finalised last Monday, “crystallised” the amount of debt hanging over the head of the troubled diocese, according to Bishop Ian Palmer, but has left it in a “very difficult place”.

 “I am unable to see clearly what the diocese may look like in the future,” Bishop Palmer said in a letter read out to parishes across the diocese.

“[The debt] is large and we cannot repay the bank in full.”


More here-

http://www.mudgeeguardian.com.au/story/1833191/anglican-diocese-accounts-frozen/?cs=1485

Wednesday, July 27, 2011

‘What would Jesus cut?’


From The Washington Post-

In Washington, when you’re in crisis mode, when your back is to the wall, when no solution is in sight, you . . . meet.

So every interest group in Washington is meeting these days — with President Obama, House Speaker Boehner, Senate Majority Leader Reid, House Majority Leader Cantor and House Minority Leader Pelosi, or with other groups, to influence the debt-ceiling debate.

Perhaps the most unusual of the meetings was one Obama had last week with a coalition of Christian religious leaders who urged him not to hammer the poor in trying to reduce the national debt.

It is, one participant said, “an unprecedented coalition,” including leaders from the Episcopal Church, the Salvation Army, the U.S. Conference of Catholic Bishops, the National Association of Evangelicals, the Evangelical Lutheran Church in America and the United Church of Christ.

More here-

http://www.washingtonpost.com/politics/what-would-jesus-cut/2011/07/26/gIQAIICcbI_story.html