The '' Financial Times '' reported that the encyclical helped influence discussion at the July 2009 G8 Summit in Italy , as the Vatican had planned . The summit resulted in a reported additional US$ 5 billion being allocated to combat hunger , which was one of the principal problems dealt with by the encyclical . German Chancellor Angela Merkel , who had criticized the Pope earlier in the year , welcomed the work , saying " Pope Benedict has encouraged the state leaders to create rules so that this sort of worldwide economic crisis is n't repeated " , and " I also saw this as an order to work toward a social market economy in the world "
July 2009 G8 Summit
35th G8 summit
Caritas in veritate