Originally published on Wed October 24, 2012 9:00 am
Austerity measures continue in Greece as the country sinks deeper into a recession. Incomes have dropped nearly 50 percent in some cases, but food prices are at record highs. The Greek newspaper Ekathimerini recently reported that the country has some of the most expensive food and the costliest dairy products in the entire European Union.
The governments of Cambodia and the United States are locked in a legal battle with the auction house Sotheby's over a thousand-year-old statue. The two governments say the statue was looted from a temple of the ancient Khmer empire. Sotheby's says this can't be proved, and a court in New York will decide on the matter soon.
The case could affect how collectors and museums acquire artifacts, and how governments recover lost national treasures.