Hard hitting global and local news
Read the article: Canada Discusses Forced Depositor Bail-In Procedures for "Too Big To Fail" Banks in 2013 Budget
The Financial Times reports Poland opens way to euro referendum . " Donald Tusk, Poland’s prime minister, took a big political gamble on Tuesday when he opened the door to a referendum on joining the euro, in the face of strong public opposition to the common currency.
A NPR report " Unfit For Work " notes the startling rise in those on disability. Here are some interesting facts from the article. Every month 14 million Americans receive a disability check.
Read More: Bersani Pleads for "More Insanity" as Italian Government Talks Collapse
Cyprus was such a "success", EU to push for losses on big savers at failed banks . The European Parliament will demand that big savers take losses if their banks run into trouble, a senior lawmaker told Reuters, adding momentum to a policy unveiled as part of a Cypriot bailout
Taken from: The Axe is in Position, Only the Timing of the Swing is in Question
Read the original post: Federal Spending Per Non-Government Worker
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New Demands Every Half-Hour From IMF; Can Cyprus Be Saved? Impossible Math Cypriot President Nicos Anastasiades was picked up by private Jet and is now meeting with the cardinals in Brussels (IMF, EU finance ministers, ECB, Various Government leaders) according to Cyprus Mail .