Pope Benedict XVI (age 85) has announced that he will be resigning on 28 Feb as leader of the world's Catholics. He will be the first pontiff to resign in nearly 600 years. Making his announcement in Latin during a meeting of Vatican cardinals, he cited ill health stating that carrying out the duties of the pope required "both strength of mind and body".
The pope was number #5 in Forbes most powerful people list for 2012. His sudden announcement is almost certain to plunge the entire Catholic world into a crazed speculation on who will most likely be the next pope to succeed him.
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