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    Cyprus Rejects Draconian EU Bailout Plan

    The parliament of Cyprus today emphatically rejected a European Union (EU) bailout plan that would have taxed private bank deposits. The plan did not garner a single vote in support, while 36 members voted against the plan; 19 parliamentarians abstained and one was absent for the vote. The deeply unpopular … More

    Low-Income or Filthy Rich, Cyprus Residents to Have Bank Accounts Raided

    The Republic of Cyprus has agreed to a eurozone bailout that will raid the bank accounts of Cyprus residents. In July 2012, the Republic of Cyprus became the fifth eurozone member to request a bailout. Eight months later, Cyprus has agreed to a €10 billion ($13 billion) bailout package with … More

    Iran Nuclear Program Advances Amid Terrorism Reports

    Iran defiantly continues to expand its uranium enrichment program despite international sanctions and multiple U.N. Security Council resolutions, according to a report from the International Atomic Energy Agency. Iran has begun installing advanced centrifuges that will increase the rate of enrichment and reduce the amount of time it needs to … More

    Russian Espionage Undermines Obama's Reset Policy

    On Monday, the U.S. Department of Justice announced that ten people have been arrested for being alleged undercover Russian spies. They were charged with conspiracy to act as an agent of a foreign government, as well as for money laundering. While not yet charged with espionage, nevertheless, they walked liked … More