Cardinal Pell testifies on abuse scandal from Rome
Australian Cardinal George Pell tells the Royal Commission via videolink that the church has made enormous mistakes and mucked things up as he faces questions about handling abuse in Ballarat. Survivors in Sydney hear his remarks as victims urge accountability and truth.
MENTIONED IN THIS ARTICLE
Rome
Francis
Vatican
George Pell
Royal Commission
Sydney
Pell
Gail Furness
Australia
Ballarat
Ronald Mulkearns
Enor
Mulkearns
Gerald Ridsdale
Pope Francis
David Ridsdale
Vampire companies threaten China's growth and banks
Chinese firms laden with debt press on growth as vampire companies rely on government support. Analysts warn debt risks spill into banks and the broader economy while authorities monitor Gulf of debt. McKinsey data show 14.5 trillion dollars of nonfinancial corporate debt in mid-2015, 131 percent of GDP.
MENTIONED IN THIS ARTICLE
Shanghai, China
China
Jiangshi
Charles Collyns
Institute of International Finance
Shanghai
Zhou Xiaochuan
McKinsey Global Institute
U.S
McKinsey
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