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Cardinals Who Could Succeed Pope Francis

Shortly, the Roman Catholic Church cardinals will convene in the Sistine Chapel for a conclave, a secret ballot election, to choose a successor to Pope Francis. Among the top contenders for this sacred position are:

Leading Candidates to Succeed Pope Francis

Jean-Marc Aveline (France): The Archbishop of Marseille, elevated to cardinal in 2022, shares many of Pope Francis’s perspectives but has been cautious regarding the blessing of same-sex unions. Known for resemblance to Pope John XXIII, Aveline, at 66, might echo the past prediction of the next pope being John XXIV.

Péter Erdő (Hungary): At 71, the Archbishop of Budapest and Primate of Hungary has long been a favorite. Having chaired the European Episcopal Conferences in 2005 and 2011, Erdő’s stance against same-sex marriage and his skepticism toward welcoming migrants suggest conservative support.

Pietro Parolin (Italy): As the Vatican’s Secretary of State since 2014, 70-year-old Parolin is celebrated for his diplomacy, notably engaging in Middle East and China negotiations. However, the Vatican-China agreement of 2018 drew criticism over perceived concessions.

Marc Ouellet (Canada): The 80-year-old has repeatedly been considered for the papacy, even as recently as 2013. As a staunch conservative, Ouellet opposes same-sex marriage and female ordination even as deacon.

Luis Tagle (Philippines): Once deemed a rising star by Francis, Tagle, 67, has criticized harsh church language towards marginalized groups while promoting more inclusive church policies.

Matteo Zuppi (Italy): Known for his advocacy for the poor and migrants, Archbishop Zuppi, 69, also supports LGBTQ+ blessings, mirroring Pope Francis’s more progressive policies, yet he is against the ordination of women.

Fridolin Ambongo (Congo): At 65, the Archbishop of Kinshasa and a recent cardinal, Ambongo took a firm stand against same-sex blessings, labeling them inherently evil.

Robert Sarah (Guinea): Sarah, 79, is recognized for his devoutly conservative positions. Strongly opposing abortion and same-sex marriage, he often warns against the rise of Islam.

Mario Grech (Malta): As the Secretary-General of the Synod of Bishops, Grech, 68, has shown a shift toward inclusivity, suggesting potential openness to female deacons.

Who Else Might Succeed Pope Francis?

Speculations are rife with nearly twenty cardinals under consideration. Names like Anders Arborelius, Charles Maung Bo, François-Xavier Bustillo, Pierbattista Pizzaballa, and Juan José Omella are often mentioned among possible papabili.

How is a New Pope Elected?

In the event of the pope’s passing, cardinals younger than 80 years will gather in the Sistine Chapel to undertake the conclave process. This crucial event happens between 15 and 20 days post-death. A two-thirds majority is necessary to elect a new pope. Unsuccessful rounds are noted by black smoke, while white smoke heralds the selection of a new pope. This traditional process sometimes extends several days; however, Pope Francis was elected in less than 24 hours.

Key Context

Pope Francis, born Jorge Mario Bergoglio in Argentina, has died at 88 after pioneering a somewhat progressive papacy beginning in 2013, following Pope Benedict XVI’s historic resignation. His papal name honors St. Francis of Assisi, emulating a life dedicated to poverty.

During his tenure, Pope Francis advocated for greater acceptance of LGBTQ+ individuals and criticized abortion laws, albeit taking a conservative stance against gender theory. In 2023, the Vatican declared priests could bless same-sex couples, but Francis later nuanced this stance, emphasizing blessings for love but not recognizing same-sex unions as marriages.

With bold calls for inclusive clerical participation and immigrant support, Pope Francis’s legacy is marked by a complex interplay of traditional and progressive values as the Cardinal Conclave looms on the ecclesiastical horizon.

Bank Of England Holds Rates At 3.75% In Split Vote As Inflation Risks Rise

The Bank of England kept its benchmark interest rate at 3.75% on Thursday, but the decision was not unanimous. In a 6-3 vote, the Monetary Policy Committee kept rates unchanged, while three members backed a 25-basis-point increase to 4%. Renewed energy price pressures have added to concerns that inflation could remain elevated.

Inflation Pressures Remain

Policymakers said inflation “is likely to rise further over coming quarters,” citing higher and more volatile crude oil and refined energy prices since the conflict began.

So far, there has been “little evidence” of significant second-round effects, such as broader wage and price increases. Inflation risks, however, are now “tilted to the upside” and have increased since the July Monetary Policy Report.

Energy Prices Add To Inflation Risks

Brent crude has risen 36% since July, reaching $106 a barrel on Sept. 14, while UK wholesale gas prices increased 78% to 207 pence per therm.

Higher energy costs can feed into transport, production and household expenses, raising costs across supply chains. Refinery pressures have also pushed crack spreads, the difference between refined fuel and crude prices, well above pre-conflict levels.

Economy Shows Resilience

Despite the inflation risks, UK economic activity has held up slightly better than the Bank expected. A softer labor market and higher borrowing costs are expected to help reduce inflation over time.

Previous monetary tightening is still working through the economy, according to policymakers. So far, the latest energy shock has not produced clear evidence of a broader wage-price spiral.

Major Central Banks Take Different Paths

The decision comes during a busy period for global monetary policy. The Federal Reserve raised rates Wednesday to 3.75%-4% in its first increase since 2023, while the European Central Bank recently lifted its deposit rate to 2.5%.

The Bank of Japan is due to announce its decision Friday, with markets expecting a rate increase. Thursday’s split vote shows that pressure for tighter policy remains within the Bank of England’s Monetary Policy Committee.

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