Cyprus

CP

Why Are We Letting Tax Cheats Rob Canada?

This latest scandal claims there are 450 Canadians who may be hiding money offshore. The only solution is to impose sanctions and travel restrictions on dirty money havens and to pursue, as ruthlessly as the IRS does, deposits belonging to corrupt dictators, drug cartels or tax deadbeats.

Why Cyprus Is Not Your Typical Bailout Story

So the Cyprus story is more than just another profligate nation begging for help. This mess may force the unification of this island, and tapping of its resources, at long last for the betterment of all its citizens. It may stop the takeover of a nation inside the EU by Russian bad guys.
AP

Island Of Tranquility?

BRUSSELS - Cyprus secured a package of rescue loans in tense, last-ditch negotiations early Monday, two EU diplomats said, saving the country from a banking system collapse and bankruptcy.The cash-str...
AP

Why You Should Care About Cyprus

It's easy to dismiss events in Cyprus as yet another hiccup in the never-ending series of European debt crises from which Canada has managed to stay insulated. But despite Cyprus's tiny size, events t...
AP

Vote On Controversial Tax Postponed

NICOSIA, Cyprus - An official says Cyprus' parliament had postponed the debate and vote on the controversial levy on all bank deposits that the country's creditors demanded in exchange for €10 billion...