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Cyprus bailout inside info? 132 companies pull out over $900mn in deposits

| News | April 2, 2013

The companies withdrew their savings in the two week period (between March 1 to March 15) leading up to the rescue deal that enforced heavy losses on wealthy depositors in Cypriot banks, according to Greek newspaper Proto Thema . Shortly after this the EU ministers and the IMF hammered out a 10-billion-euro (US$13 billion) bailout agreement with Cyprus, which included a one-time tax on deposits held in Cypriot banks

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Cyprus bailout inside info? 132 companies pull out over $900mn in deposits

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Kremlin gives civil servants July deadline to bring foreign assets home

| News | April 2, 2013

“ If someone has bank accounts abroad, we give them three months to get rid of them ,” Sergey Ivanov told reporters on Tuesday at a major media conference dedicated to anti-corruption measures. Ivanov said that the ban on foreign accounts also concerned top executive of Russian state corporations, such as oil giant Rosneft and natural gas monopoly Gazprom.   The bill on officials’ foreign assets is currently being considered by the lower house and has already passed the first reading

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Kremlin gives civil servants July deadline to bring foreign assets home

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Hunger strike, riots by Palestinian inmates following death at Israeli jail

| News | April 2, 2013

Maisara Abu Hamdiyeh, serving a life sentence since 2002 for attempted murder, membership in Hamas and weapons possession, was diagnosed with cancer of the esophagus two months ago. The Israeli Prison Service turned to the pardons committee to carry out the inmate’s release a week ago when his condition worsened drastically, but he died at Soroka Medical Center in Beersheba before the procedure was complete.

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Hunger strike, riots by Palestinian inmates following death at Israeli jail

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