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Greece can breathe a sigh of relief. On April 11, the 16 members of the European Union that use the euro agreed to lend $40 billion to the struggling nation. Under the long-awaited financial-rescue plan, Greece, which is $400 billion in debt, would be able to borrow at interest rates of about 5%, significantly lower than commercial market rates, which have been higher than 7%. The International Monetary Fund is expected to offer an additional $20 billion. Greece did not immediately accept the E.U.'s overture, saying it would wait to see if the pledge alone was enough...

Author: /time Magazine | Title: The World | 4/26/2010 | See Source »

...Catholic Church released guidelines on April 12 instructing church officials to notify local police about cases in which sexual abuse is suspected. Posted on the Vatican's website, the rules instruct bishops to follow "civil law concerning reporting of crimes to the appropriate authorities." The church claims this has long been its policy, though it was never explicitly documented. Critics say the measure--a suggestion, not a requirement--is not strong enough...

Author: /time Magazine | Title: The World | 4/26/2010 | See Source »

...What They're Restricting in South Korea: In an attempt to crack down on video-game addiction, South Korea is setting a curfew for online play. Underage players will have to abide by an automated blackout period after midnight and become accustomed to slower connection speeds after long periods of use during earlier hours. While currently limited to a handful of games, the "slowdown" plan will eventually apply to the 19 role-playing titles that comprise 79% of the nation's online-gaming market. A recent survey of 1,500 South Korean public-school students found that 29.3% of them...

Author: /time Magazine | Title: The World | 4/26/2010 | See Source »

...minutes traveling every time they want to go from their Houses to the Square or the Yard. The inconvenience of living in the Quad merits the Quad’s newest planned amenity: an ATM in the Student Organization Center at Hilles. As equality for Quadlings is long overdue, this move is one step toward making the Quad as desirable a location to live in as the River...

Author: By The Crimson Staff | Title: Separate but not Equal | 4/26/2010 | See Source »

...biggest part of the issue is anytime you have to replace four guys at a very labor-intensive position, it really takes a long time to become a unit,” Murphy said. “That’s your big concern. We have the talent, we have to find out if we can develop the leadership and the cohesiveness...

Author: By Kate Leist, CRIMSON STAFF WRITER | Title: Spring Game Raises New Questions Under Center | 4/26/2010 | See Source »

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