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Global shares rise as Cyprus fears ease, Fed awaited
Cyprus is a tiny island of 1.1 million people, but currently is a critical piece of the global economic puzzle. No one likes new taxes. In our increasingly small world, everyone assumes a new tax in one place is likely to be replicated somewhere else. And
One's first reflex is to gasp at the stupidity of the EU policy elites, but truth is that most EU officials handling the Cyprus crisis know perfectly well that their masters have just set the slow fuse on a powder drum – and they can only
"What we have seen in the last hardly any days is a very honest blunder by European governments that are in effect blackmailing the government of Cyprus to confiscate the money that belongs rightfully to depositors in the
NICOSIA, Cyprus — Lawmakers rejected a 10 billion euro bailout package on Tuesday, sending the head in trade to the drawing enter to devise a new plot that might still enable the people to receive a financial lifeline while avoiding a default that
The Cyprus government is scrambling to find alternative ways to fund its part of an E.U. bailout, including asking for aid in Moscow, after the island's parliament resoundingly rejected the terms initially agreed. The lawmakers' vote was seen as a
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