Unconfirmed Breaking News
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BREAKING NEWS

Cyprus Banks

BREAKING NEWS – Nicosia, Cyprus – Many wealthy Russians are outraged, as crisis-ridden Cyprus proceeds with a bank restructuring program that will take as much as 40 percent of the money from large account holders, with no prior warning. Responding to the financial collapse of the island nation, President Obama sent a letter to their government stating that taking 40 percent of the savings from the rich is totally unacceptable, and instead they should confiscate at least half.

President Obama

• 03/29/2013


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