Cyprus
This morning we went on record calling the European proposal to make depositors face a Cyprus bailout tax on their bank deposits as being nothing short of theft. A levy, tax, fee, or any other...
Published:
What we are seeing is in Cyprus an instance when taxation becomes theft. When depositors place money in banks, they assume that their deposits are safe as long as the banks do not implode. That is a...
Published:
A Cyprus bailout could cost 10 billion euros. (Reuters) Dell (NASDAQ: DELL) bids $2.3 billion for Quest Software (NASDAQ: QSFT). (Reuters) Microsoft (NASDAQ: MSFT) to buy Yammer for $1.2 billion....
Published:
The government of Cyprus has requested a bailout from other members of the Eurozone through the European Financial Stability Fund (EFSF) or the European Stability Mechanism (ESM) which together have...
Published:
Updated throughout the day on the 24/7 Wall St.Wire China oil giant Sinopec turned down low priced oil offered by Iran (Reuters) Cyprus will seek a partial bailout from Europe (NYT) Saudi Arabia will...
Published: