Cyprus, the canary in the mine
BRUSSELS, March 25 (Reuters) – Cyprus clinched a last-ditch deal with international lenders on Monday for a 10 billion euro ($13 billion) bailout that will shut down its second largest bank and inflict heavy losses on uninsured depositors, including wealthy Russians. “Let us all save the banks by imposing the cost of their mistake on … Continue reading Cyprus, the canary in the mine
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