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Cyprus

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Mar 25

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Cyprus Avoids Potential Bankruptcy Plunge After Agreeing to Bailout Terms

Under crippling financial strains and with bankruptcy on the horizon, Cyprus agreed to a bailout from its eurozone partners. Margaret Warner reports on the bailout deal totaling $13 billion, as well as the mixed reactions from neighboring countries.

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Mar 21

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Cyprus: The Nightmare Scenario and How to Avoid It in America

By Laurence Kotlikoff

Customers queue to withdraw cash from an automated teller machine (ATM) outside a Cyprus Popular Bank Pcl, also known as Laiki Bank on Thursday, March 21. The European Central Bank said it may cut Cypriot banks off from emergency funds…

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Mar 21

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Cyprus: The Nightmare Scenario and How to Avoid It in America

By Laurence Kotlikoff

By Larry Kotlikoff Customers queue to withdraw cash from an automated teller machine (ATM) outside a Cyprus Popular Bank Pcl, also known as Laiki Bank on Thursday, March 21. The European Central Bank said it may cut Cypriot banks off…

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Mar 21

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News Wrap: February Was Best Month in Three Years for Increase of Home Sales

In other news Thursday, housing sales were up 0.8 percent in February 2013, the fastest increase in three years. The rise was attributed to record-low mortgage rates and job growth. In Syria, a suicide bomber hit a mosque in Damascus,…

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Mar 19

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News Wrap: Syrian Government Accuses Rebels of Chemical Attack in the North

In other news Tuesday, rebel forces were accused of launching a chemical attack in Northern Syria, but the rebels denied they fired any chemical weapons. Also, seven U.S. Marines were killed during a training exercise in Nevada after a mortar…

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Mar 18

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Will the Banking Crisis in Cyprus Rock Other Markets?

Will the Banking Crisis in Cyrpus Rock Other European and World Markets?…

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Jul 17

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Israeli Prime Minister Vows to Continue Attacks Until Two Soldiers are Freed

Two reports from Beirut and Haifa look at Israel's bombardment of Lebanon and Hezbollah's rocket attacks into Israel in today's sixth day of fighting.

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