Wednesday, March 27, 2013

Cyprus' Efforts to Prevent Bank Run


Cypriot banks have been shut for more than a week while the government worked out the bailout and will stay closed until Thursday to prevent a run. Meanwhile, Cypriots have been queuing to withdraw cash from automatic teller machines, with limits at some shrinking down to 100 euros a day.
(Full story here).

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Strait of Hormuz Open ... For Now

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