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Cyprus

What You Should Know About the Cyprus Controversy

Mohamed A. El-Erian | Posted 05.17.2013 | World
Mohamed A. El-Erian

On Saturday, European officials stunned Cypriots (and many others) by announcing a rescue package for their country that involves a levy on all bank deposits. The news is spreading far and wide, causing quite a bit of controversy in the process.

Cyprus Bailout: A Really Bad Deal

Elena Panaritis | Posted 05.17.2013 | World
Elena Panaritis

The big euro news this weekend is playing out in Cyprus where the newly-elected government agreed to a 10 billion euro bailout. One of the conditions of the bailout is a controversial one-off tax of 9.9% on all bank deposits of more than 100,000 Euros. This news was met with disbelief.

Cyprus To Compensate Those Forced To Pay Bank Tax

Reuters | Posted 05.17.2013 | Business

NICOSIA, March 17 (Reuters) - Cyprus's president said on Sunday that savers made to pay a tax on bank deposits as part of a sovereig...

And The Country That Hates America Most Is...

24/7 Wall St. | Posted 03.16.2013 | Business

From 24/7 Wall St.:Disapproval of U.S. leadership had no statistical improvement last year, according to the latest U.S.-Global Leadership Project, a ...

LOOK: Nervous Depositors Rush To Get Money Out Of Bank Before Huge Tax Increase

AP | MENELAOS HADJICOSTIS | Posted 05.16.2013 | Business

NICOSIA, Cyprus — Cyprus' president said Saturday that the decision to force bank depositors to share the burden of a (EURO)10 billion ($13 bill...

Merkel's Visit to Turkey Marks a Positive Change of Mind

Yavuz Baydar | Posted 04.29.2013 | World
Yavuz Baydar

Does this mean that the German chancellor comes closer to CDU heavyweights who have been vocally pro-Turkish membership, such as Ruprecht Polenz, Chariman of the Bundestag's Committee on Foreign Affairs, and gets ready to be challenged by others within?

Where To Go (And Not Go) In 2013

William D. Chalmers | Posted 02.26.2013 | Travel
William D. Chalmers

If you are reading this, you survived the Mayan Day of Reckoning and are now happily imagining some fresh 2013 travel destinations.

PHOTOS: Cyprus From The Trail

Paul Steele | Posted 01.28.2013 | Travel
Paul Steele

Earlier this year I travelled to a place better known for sea, sand and unrest than for hiking.

10 Questions Bob Schieffer Should Ask Obama and Romney

Endy Zemenides | Posted 12.19.2012 | Politics
Endy Zemenides

So far, foreign policy analysis in the debates has been dominated by partisan responses to the terrorist attack on American diplomatic personnel in Libya. Many questions about other serious foreign policy issues remain unaddressed or underspecified.

Russia and Israel -- Beginning of a Great Friendship

Dr. Josef Olmert | Posted 12.18.2012 | World
Dr. Josef Olmert

It is becoming clear that Israel and Russia may have enough in common to further develop their relations and create a stable friendship based on a variety of interests.

The "Allegory of the Cave" on Film

Stavros Papageorghiou | Posted 11.19.2012 | Arts
Stavros Papageorghiou

The story of my latest film, entitled Adventure of the Soul, has its roots in the well-known "Allegory of the Cave" which the Greek philosopher Plato ...

Cyprus Friendship Program: Youth Activism for a United Cyprus

Eliisa Carter | Posted 10.24.2012 | Teen
Eliisa Carter

Before meeting these four teens, I knew little about the situation in Cyprus -- I knew only the fact that there was a divide. But I discovered so much about how this divide affects kids my age.

The Most Pessimistic Countries In The World

24/7 WallSt. | Michael B. Sauter, Alexander E. M. Hess and Lisa Nelson | Posted 07.30.2012 | Business

War, economic crisis, poverty, disease and overpopulation threaten the well-being of people all over the planet, and yet most people are confident tha...

A Priest, A Camera And An Understanding

Richard Wiese | Posted 09.15.2012 | Travel
Richard Wiese

Filming people while traveling is always a sensitive issue. I always ask first and, if the subject demurs, I thank them politely and quickly put my camera away.

Cyprus: Small Country, Big Presidency

Endy Zemenides | Posted 09.04.2012 | World
Endy Zemenides

On July 1, one of the EU's smallest states and most recent members -- the Republic of Cyprus -- assumed the six month presidency of the E.U. There are three reasons why Cyprus' presidency will be of such great consequence.

Be the Change!

Valerie Berset-Price | Posted 09.01.2012 | Impact
Valerie Berset-Price

I had an incredible weekend last week. I wish I would have been able to write about it sooner, but it took me a full week to digest my experience. It ...

Another European Country Asks For A Bailout

AP | MENELAOS HADJICOSTIS | Posted 08.25.2012 | Business

NICOSIA, Cyprus — Cyprus on Monday became the fifth eurozone country to request financial aid from its partners in the troubled European currenc...

Jobs and Growth: Can't Have One Without the Other?

Min Zhu | Posted 07.02.2012 | Business
Min Zhu

The news on the jobs front, unfortunately, remains grim. Why isn't the jobs picture better? Quite simply, it's because the growth picture isn't very good.

Island Nation Downgrade To Junk

AP | Posted 05.13.2012 | Business

NICOSIA, Cyprus — International credit ratings agency Moody's downgraded euro member Cyprus to junk status Tuesday on heightened concerns over i...

Gambling Charges Dropped Against 98-Year-Old Woman

AP | Posted 03.03.2012 | Weird News

NICOSIA, Cyprus -- Cyprus' attorney general has dropped gambling charges against about 40 elderly women, including a 98-year-old, whose weekly poker-a...

Poker Party Over: 40 Elderly Ladies Face Gambling Charge

AP | Posted 05.01.2012 | World

NICOSIA, Cyprus — The daughter of a 98-year-old woman says her mother is among some 40 elderly ladies ordered to appear in a Cyprus court later ...

Unraveling the Mushroom Theory in Cyprus

Marina Theodotou | Posted 04.25.2012 | World
Marina Theodotou

It seems that the various local politicians are holding self-built compasses wrought with personal dogmas, unreliable and rusty and they are guiding the emotionally charged masses to nowhere... perhaps a bit like the emotionally and strategically blind leading the blind?

Eurozone Unemployment Hit Record High Last Year

AP | PAN PYLAS | Posted 04.01.2012 | Business

LONDON — Unemployment across the 17 countries that use the euro ended 2011 at a record high, official figures showed Tuesday, a day after EU lea...

Russia Ships Arms to Syria in Violation of Arms Embargoes

Louis Belanger | Posted 03.24.2012 | World
Louis Belanger

It is deeply regrettable that two countries would seek to arm the government of Syria while it is virtually waging war on its own people, sending tanks and troops into cities to kill innocent civilians. However, this is something we see time and again.

France To Pursue Budget Reforms Following Downgrade

AP | By ANGELA CHARLTON | Posted 01.14.2012 | Business

PARIS -- France's prime minister said Saturday his country will push ahead with cost-cutting measures after its top-tier debt rating was downgraded, a...