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Showing posts with label Cyprus. Show all posts
Showing posts with label Cyprus. Show all posts
Monday, July 29, 2019

Turkey’s War In The West — Cyprus Is Now Surrounded By Drill-Ships And Warships; Cannon Ready To Fire At Europe – 150,000 People Per Month — John Helmer

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Under cover of its Russian S-400 air defence batteries, and ignoring US and European sanctions, Turkey is going on the offensive at sea, su...
Tuesday, December 27, 2016

Wilbur Ross and the dopey finance capitalists

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It would be so easy to beat these dopey finance capitalists at their game. So, so, easy. If I were only in charge. If only there was a leade...
21 comments:
Monday, May 2, 2016

Dimitri Konstantakopoulos — Nuland in Nicosia – towards “regime change” in Cyprus?

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Many readers may think that what is happening in Cyprus, a small member-state of EU in Eastern Mediterranean, is of rather marginal importa...
Tuesday, April 26, 2016

John Helmer — NULAND TELLS CYPRUS TO CUT RUSSIAN TIES – PRESSURES ANASTASIADES TO ACCEPT NATO PLAN FOR TURKISH TROOPS IN CYPRUS

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The US is intensifying the pressure on Cyprus to accept a secret NATO plan to keep Turkish forces on the island. Victoria Nuland, the Stat...
Tuesday, September 8, 2015

John Helmer — Cyprus, Russian Fraud Investigations Close In On Leonid Lebedev – Us Banks Accused Of Money Laundering

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Documents uncovered in Cyprus reveal that three banks based in New York – Citibank, Bank of America, and HSBC – were engaged by Imperium Se...
1 comment:
Sunday, June 28, 2015

Former Finance Minister of Cyprus on the Greek crisis — Branko Milanovic interviews Michael Sarris

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While on vacations in Greece, I had a chance today (Sunday 28 June) to have a long discussion with Michael Sarris who was Cypriot Minister ...
Tuesday, April 14, 2015

Bill Mitchell — Latest military expenditure data reveals the hypocrisy of austerity

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Austerity applies to everything but military spending. EZ nations are required to keep their fiscal deficits to within 3% of GDP, while NA...
4 comments:
Wednesday, December 3, 2014

"Bail-in" is the new buzz word in banking. This means you as a depositor.

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According to an International Monetary Fund paper titled “ From Bail-out to Bail-in: Mandatory Debt Restructuring of Systemic Financial Ins...
Sunday, March 31, 2013

Bill McBride — NY Times: Following Cyprus bank closings, Other Tax Havens step in

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Particularly successful at luring Russians, Cyprus has built up a large infrastructure of lawyers, accountants and other professionals scho...

Barclays — The Seven Broken Taboos Of The Cyprus Deal

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The euro’s core founding principles, based on the Maastricht Treaty’s “irrevocable” fixing of currency rates, and of the free movement of c...
2 comments:

Zero Hedge — Cyprus Parliament President Says "No Future" Under Troika, Calls For "Iceland" Solution

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Cyprus to leave EZ? There is no other alternative but to free Cyprus from the bonds of the troika and the memorandum, House of Representa...
1 comment:
Friday, March 29, 2013

Randy Wray — What Went Wrong in Cyprus: an MMT Perspective

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Some readers have encouraged me to provide an MMT perspective on Cyprus. First a caveat: I have no special expertise on that country. Howev...
1 comment:
Sunday, March 24, 2013

Al Jazeera — Cyprus clinch last-minute bailout deal

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EU finance ministers have agreed a deal on a bailout for island nation to prevent its banking system collapsing. No general deposit levy. ...
3 comments:

Frances Coppola — The broken Euro

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Imagine you live in a prosperous country, with a lovely climate, beautiful beaches, blue seas. But there's something funny about this c...
1 comment:
Saturday, March 23, 2013

Merijn Knibbe — Deutsche bank: fifteen shades of fraud

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I was a little fed up with the stories about banksters from Cyprus. How about Deutsche Bank, the largest bank of Europe, darling of the Ger...
Friday, March 22, 2013

Cyprus will not be the next Greece

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Tiny Cyprus may have made a lot of mistakes. It may have taken in Russian mafia money, laundered it, and made lots of bad loans many times ...
6 comments:
Thursday, March 21, 2013

system failure — The new big trick of neoliberal bankdebtocracy

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What are the main reasons behind the recent scandalous decision of Eurogroup for the haircut of deposits in Cypriot banks? the unbalanced ...
Tuesday, March 19, 2013

Winterspeak — Deposit insurance in Cyprus

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Winterspeak schools Matt Ygelias Winterspeak Deposit insurance in Cyprus
Monday, March 18, 2013

Tschäff Reisberg — MMTers warned about and offered solutions to prevent Eurozone bank runs

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Tschäff provides documentation for the claim that MMT economists predicted current developments and showed how to avoid it. This Episode...
1 comment:
Saturday, March 16, 2013

Francis Coppola — Sowing the wind

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"They sow the wind and they will reap the whirlwind." — Hosea 8:7 Francis Coppola analyzes the Cyprus haircut. Could this be th...