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Top of the tower of the Catholic church of St. Johannis in Germany. Photo: Friso Gentsch/picture alliance via Getty Images

Over the past seven decades, 3,677 children were sexually abused by around 1,670 Catholic church workers in Germany, the New York Times reports.

Why it matters: It's safe to assume that there are scandals like this around the world that have yet to be discovered, after taking into account the recent bombshell report in Pennsylvania that detailed horrifying abuse of more than 1,000 child victims. And the report in Germany, the Times says, is "likely to underestimate the true extent of the problem."

Details: Researchers from three universities undertook the study, which shined a light on abuse in Germany from 1946 to 2014. Per the Times, "[e]very sixth case of abuse involved rape ... and most of the victims were boys." Most of the victims were also 13 years old or younger.

  • Criminologist Christian Pfeiffer told the Times that he declined being a part of the research because it's "not fully independent." He said the church wanted to retain control over the results "and under certain circumstances even ban their publication."
  • German Bishop Stephan Ackermann told the Times, "We are aware of the extent of the sexual abuse that is supported by the results of the study. It is depressing and shameful.”

Flashback: Australia had their moment last year, when a royal commission found that thousands of children had been abused since 1950 by 7% of the country's Catholic priests.

Go deeper: The Grand Jury report in Pennsylvania detailed the practices of confidentiality that helped church members keep their abuse under wraps.

Go deeper

10 mins ago - Technology

3D printing's next act: big metal objects

Chief Scientist Andy Bayramian makes modifications to the laser system on Seurat's 3D metal printer. Photo courtesy of Seurat Technologies.

A new metal 3D printing technology could revolutionize the way large industrial products like planes and cars are made, reducing the cost and carbon footprint of mass manufacturing.

Why it matters: 3D printing — also called additive manufacturing — has been used since the 1980s to make small plastic parts and prototypes. Metal printing is newer, and the challenge has been figuring out how to make things like large car parts faster and cheaper than traditional methods.

Rising rates may hammer the stock market

Illustration: Sarah Grillo / Axios

Stocks are much more vulnerable to interest rate swings than they used to be.

Why it matters: A sharp rise in rates in early 2022 is the key reason the stock market is off to an ugly start. And with the Federal Reserve making noise about trying to keep inflation in check, rates could go higher.

Ina Fried, author of Login
55 mins ago - Technology

Microsoft's Activision Blizzard deal complicates Big Tech regulation

Illustration: Megan Robinson/Axios

Microsoft's surprise $68 billion deal to buy Activision Blizzard is adding a fresh twist to the heated debate over which tech companies have monopolies that need to be reined in.

The big picture: The deal could force a question the company has happily ducked for a decade: whether its size and power make it just as deserving of regulatory scrutiny as its Big Tech rivals.