Pope Benedict XVI
Media playback is unsupported on your device

Archive: Pope's new year address deplores capitalism

1 January 2013 Last updated at 18:22 GMT

Pope Benedict XVI has condemned "unregulated capitalism" for contributing to world tension, in a new year address to worshippers.

The Pope also thanked the world's peacemakers and said humanity had "an innate vocation for peace".

In his last new year message the Archbishop of Canterbury paid tribute to unsung volunteers.

Robert Pigott reports.

First broadcast 1 January 2013