Imagine if you woke up one day and not only could you not access your money but also a 10% theft of your money was proposed all because the banks made risky investments and managed themselves to ruin. That’s essentially the situation in Cyprus and as it turns out much of the money parked there was from Russian investors. A leaked report from the German foreign intelligence service, quoted by Der Spiegel, suggested that the main beneficiaries from a eurozone bailout of Cyprus would be Russian oligarchs, businessmen and mafiosi.
Spain is the largest producer of olive oils followed by Italy, Greece, and Syria. All these countries suffer from systemic corruption and financial problems.
Critical cooling systems fail at Fukushima “Currently the cooling systems in reactors one, three and four are not operational and representatives from TEPCO are unsure how to fix them. However TEPCO says it should have a solution within a few days and that the fuel rods stored in the pools will remain safe for at least four days without fresh cooling water” Hardly inspires confidence….
One way ticket to Mars if you’re tired of this planet that is….