Word: sunday
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...moment during Chinese Prime Minister Wen Jiabao's press conference on Sunday, it was easy to confuse whom he was criticizing when he denounced efforts by some countries to lower the value of their currency to boost trade...
...comments follow a period of deteriorating Sino-U.S. relations that began late last year, when he was accused of snubbing Obama during the Copenhagen climate talks. On Sunday, Wen said he had been slighted first when he wasn't invited to a meeting of national leaders during the conference in Denmark. He responded by sending a deputy official, which prompted criticism from some delegations...
...speech on Sunday, Wen shot down expectations that China would allow the value of the renminbi to appreciate significantly, saying it was correctly valued and would remain "basically stable at a reasonable level" this year. "We oppose nations finger-pointing or even using forceful methods to compel a country to raise the value of its currency," he said. He also worried openly about the value of China's dollar-denominated assets, including $895 billion in U.S. Treasury debt. He warned the U.S. not to depreciate its currency to boost trade, as it would hurt the value of Chinese-held assets...
...Supreme Pontiff in Rome. On Monday, the daily Süddeutsche Zeitung splashed the headline "Benedict XVI Remains Silent" on a front-page story describing how the Pope declined to comment on the growing priestly sexual-abuse scandal in his native Germany during public prayers in the Vatican on Sunday. "The abuse scandal has been a nightmare," Alois Glück, president of Germany's lay organization, the Central Committee of German Catholics, tells TIME. "It's one of the worst crises that we've seen in the Catholic Church here in Germany...
...Sunday, some members of the congregation in Bavaria where the priest used to work walked out of Mass in protest, furious after reading reports about the history of abuse. On Monday, the Archdiocese of Munich and Freising announced that Father H was being suspended immediately from his pastoral duties (ministering to tourists in the Bavarian spa town of Bad Tölz) because he had violated the conditions under which he was allowed to work, which prohibited contact with young people. Church officials in Munich said there were no new reports of sexual abuse linked to the priest. His superior...