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IMF 'to Admit Mistakes' in Handling Greek Debt Crisis and Bailout

Larry Elliott and Helena Smith The Guardian
Documents presented to the Fund's board last Friday will reveal that the Washington-based organisation underestimated the damage austerity would cause to the eurozone country, which has required two bailouts in the past three years.

Protesters and Police Clash at Nike Factory in Cambodia

ValueWalk.com
While so far protests remain isolated, poor conditions across Cambodia, and poorer Asian states for that matter, could result in more widespread demonstrations. Bangladesh may be garnering most of the headlines due to recent tragedies, but conditions across poorer Asian states remain equally dire. Still, governments are hesitant to step in out of fear that manufacturers will relocate elsewhere, taking jobs and tax revenues with them.