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Pope Benedict to resign

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NBC News--Pope Benedict the 16th is resigning.

The 85-year-old pope announced his decision in Latin this morning during a meeting of Vatican Cardinals.  He told the cardinals that he didn't feel he could carry on the job.

Benedict is the first pope in modern history to resign, the last pope to resign was in 1415.

The move sets the stage for a conclave to elect a new leader of the Catholic Church.  Vatican officials say the 85-year-old Pope Benedict will resign on February 28th.

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