The Catholic Church has been mired in a sex abuse scandal for years. Until recently, the largest perhaps was the wave of priest abuses of altar boys across the US for years that went unnoticed by the public but was brushed under the carpet by the Church hierarchy. In the US the Catholic Church's leadership simply moved abusive priests around from one market to another never warning new dioceses of the danger their children faced. This is a travesty.
The exchange rate of the Chinese Renminbi or the Yuan has always been a point of contention between the United States and China and even between China and the European Union. Thus, within business schools and political science programs this exchange rate issue and trade deficit concern has now become a hot topic for research papers. The reason for this is manifold but in essence China keeps its Yuan or RMB undervalued in order to bolster its export market.