The Russian government announced Saturday that 18 Americans, including former high-level officials of the George W. Bush administration, are banned from entering Russia.
The Cyprus deal announced late Sunday night dictated the terms to Cyprus President Anastasiades and required a "downsizing" of the country's financial sector, aided by daylight robbery of depositors' accounts but calling them "contributions" to save the banks.
Four days into the worst crisis to hit the island nation since the 1974 invasion by Turkey, Cyprus’ lawmakers did the unthinkable and the unprecedented Tuesday: In voting unanimously to reject the levy on bank savings mandated by EU authorities in Brussels to pay for a bailout, Cyprus has become the first country to openly defy the will of EU financial Powers That Be and the international banking cartel that they serve.
The specter of default has reached the shores of Cyprus, the latest country in the Eurozone to require an EU bailout in order to stay afloat. The island nation in the eastern Mediterranean has one of the smallest economies in the Eurozone, but, because of close financial ties to Greece, its finances have been on the ropes since the Greek debt crisis began. Now it’s time to pay the piper — and Cypriots are shocked at the price to be exacted by the international banking cartel.