Germany Chancellor comments comments Pope resignation

Jakarta (Reuters)-Chancellor of Germany Angela Merkel said that she greatly appreciated the decision by Pope Benedict XVI to resign.

As reported by the Reuters, the reason the Pope resigned was because her condition started to weaken.

"If the Pope himself, after reflection, has concluded that he did not have the strength for the task, then I very much appreciate that decision," Merkel said in a short statement he in Berlin.

"He has made a very difficult decision," said Merkel.

Pope Benedict XVI named Joseph Ratzinger, native is a guy who comes from Germany. The Pope plans to resign on February 28 at 20: 00 local time.

News of the resignation of the Pope indeed shocked the world. The Pope said that he no longer has the mental and physically strong to bear the burden of the Government. With the resignation of Pope Benedict, then this will be the first papal resignation since the middle ages.

(M048)

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Wall St falls after the resignation of ECB

1 of 2. A trader works on the floor of the New York Stock Exchange, August 29, 2011.

Credit: Reuters/Lucas Jackson

NEW YORK | Fri 09/09/2011 11:33 EST

NEW YORK (Reuters)-Wall Street shares fell on Friday as the surprise resignation of a member of the European Central Bank Executive Board and the skepticism about economic stimulus spending plans of President Barack Obama weighed on sentiment.

The Dow Jones industrial average.DJI fell 233.93 points, or 2.07%, to 11, 061.88. The Standard & Poor popular 500 index.SPX fell 22.55 points, or 1% to 1.90, 163.35. The Nasdaq Composite Index fell 36.24 points, IXIC. or 1.43%, to 2, 492.90.

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