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...report released Jan. 13, ratings agency Moody's said that Greece, along with Portugal, was likely to suffer a "slow death" as it uses more and more of its income to pay off debt. With the cost of that debt heading north, Greek banks could face further problems. "It's like they have a bomb in their hands," says investor Melissaris. "If rates keep climbing, it'll explode." (See the worst business deals...
NEIL BAROFSKY, special inspector general for the Troubled Asset Relief Program, arguing in a report to Congress that the issues that led to the 2008 financial crisis remain unaddressed...
...TIME's special report on the Copenhagen climate-change summit...
...Other findings in the 2007 Bath report mentioned in the Australian include failure to regularly monitor the children placed in care, poor assessment of carers, and lack of support services for at-risk children in the Northern Territory. "It's a system that's been in crisis for some time and is getting worse," says Jodeen Carney, Shadow Minister for children and families. Carney, based in Alice Springs, is enraged at the "cover-up culture" that has surrounded the report, whose full contents have yet to be disclosed. The Northern Territory's Child Protection Minister, Kon Vatskalis, issued a statement...
...Child protection in the Northern Territory has long been a hot-button issue in Australia. In 2007, the Northern Territory government released a report titled "Little Children Are Sacred," which revealed appalling statistics about rife sexual abuse of children in remote Aboriginal communities. The report was immediately picked up by the press and politicians alike and became the catalyst for the widely contested Northern Territory intervention - a system by which the federal government imposed nine measures upon indigenous Australians living in remote communities, including alcohol restrictions and pornography filters on publicly funded computers...