The Unz Review - Mobile
A Collection of Interesting, Important, and Controversial Perspectives Largely Excluded from the American Mainstream Media
Show by  
Email This Page to Someone

 Remember My Information



=>
Authors Filter?
Sources Filter?
 Entire ArchiveCyprus Items

Bookmark Toggle AllToCAdd to LibraryRemove from Library • BShow CommentNext New CommentNext New Reply
The dramatic recent events in Cyprus have highlighted the fundamental weakness in the European banking system and the extreme fragility of fractional reserve banking. Cypriot banks invested heavily in Greek sovereign debt, and last summer's Greek debt restructuring resulted in losses equivalent to more than 25 percent of Cyprus' GDP. These banks then took their... Read More
Cyprus in the Crosshairs
It was supposed to be a bailout. It turned out to be a death sentence. Given the checkered and unremarkable history of the Brussels bureaucrats, is anyone really surprised? Yes, an agreement was reached between Cypriot government officials and the so-called troika (the European Commission, the European Central Bank, and the International Monetary Fund) in... Read More
Cyprus is a big pain in the neck for one and all. Its banks are bust due to reckless lending to Greece. The sunny island is a beehive of tax evasion, money laundering, dodgy trade and espionage. Now, the threatened bankruptcy of Cyprus has triggered the latest European financial crisis. Russian businessmen and the Russian... Read More
Although the aftershocks created by the botched Cyprus bank bailout are by no means over, the news this morning is on balance reassuring. At least we should be thankful for small mercies: the European banking system is still standing. While the crisis has precipitated bank runs in Cyprus, depositors elsewhere seem to have remained remarkably... Read More
Everyone now agrees that Treasury Secretary Hank Paulson badly botched the Lehman Brothers crisis of 2009. But at least he had an excuse. The pace of events left him little time for second thoughts. By comparison the German-led group of EU officials who engineered this weekend’s Cyprus bank bailout don’t have a leg to stand... Read More
No Items Found
PastClassics
The evidence is clear — but often ignored
The unspoken statistical reality of urban crime over the last quarter century.
The “war hero” candidate buried information about POWs left behind in Vietnam.
The major media overlooked Communist spies and Madoff’s fraud. What are they missing today?
What Was John McCain's True Wartime Record in Vietnam?