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Economy - International

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www.telegraph.co.uk

The head of the Eurogroup, whose Cyprus comments unsettled markets, said there were no signs yet of increased withdrawals of savings within the eurozone amid growing unrest.

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arclein

It was during a time of a lot of financial turmoil around the world and stories were popping up all over the news of how banks around the world had been crushing or minimizing rebellions by receiving massive bailouts to keep them alive. The Iceland s

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http://www.dailypaul.com, Robin Koerner

When welfarism fails most spectacularly, it is usually because it attempts to treat a perceived social or economic problem without understanding -- let alone undoing -- its cause.

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http://market-ticker.org

Having learned that Parliament would not approve a deposit levy in the name of a "tax",... Germany, the ECB and rest of the EuroThieves did something innovative. They simply ignored Parliament and came up with a scheme that didn't require a vote.

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Prison Planet

Local TV station CYBC reports that police in the Cyprus’ capital are scuffling with protesters (including employees of Cyprus Popular Bank) outside the nation’s parliament:

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reuters.com, Michele Kambas and Matt Robinson

The European Union gave Cyprus till Monday to raise the billions of euros it needs to secure an international bailout or face a collapse of its financial system that could push it out of the euro currency zone.

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