Posts Tagged Cyprus
Keep your money under the mattress, literally!
If your life’s savings haven’t yet had a “Cyprus haircut”, then get your money out of the banks and under your mattress before thy do!
The mattress safe – the latest way to bank with confidence
One Spanish business has hit upon a novel update to an old idea to bypass the country’s banking crisis – a mattress in which you can stash your hard-earned euros
Is your money safe in the bank? Obviously not if you deposited large sums in Cyprus – where the decision to raid savings accounts has rung alarm bells in other countries teetering on the bank bailout high-wire.
But what else can you do with those hard-earned pounds, euros or – for Russian tax-dodgers and mafiosi – roubles? Stuffing them under the floorboards or your mattress is hardly a secure option.
Step forward La Caja de Ahorros Mi Colchón, My Mattress Savings Bank, a novel Spanish business that provides you with a mattress that has a safe hidden inside the springs.
Reblogged from: The Liberated Way
I play chess, often that knowing experience arises when I see my doom, wherever I move I am checkmated. It is my opinion that in the endgame
Cyprus faced a similar chess ending, they were going to lose whatever they did. Nobody will now invest in Cyprus, all the savers will run taking what is left of their savings with them. The banking industry of Cyprus will collapse, the Russians will flee taking all their trade and money with them. A main source of employment will evaporate for Cyprus citizens as the Russians flee on the back of loss of credit and their savings.
For me a citizen of Britain, a spectator of events in Cyprus, a person who looks to banks for his personal and business banking needs, a dread of what has just unfolded. Ordinary citizens of Cyprus had worked hard to save, their earnings already taxed, what for some was their life savings, a third or more has been stolen from them on the whim of politician and banker. The reported unfortunate business who was half way through a transaction, the proceeds of the selling of a restaurant will be grabbed before they could move to use those proceeds for investing in their business. From a business and a personal point of view I am aware that money may no longer be safe in banks.
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Russia has said in the past that it supports the cease fire efforts of the UN so it’s hard to see how supplying more weapons to Assad’s forces will further that goal. And it’s pretty certain that some of the bullets in that shipment will end up killing innocent civilians.
A high price to pay just to fatten the profits of Russian arms companies.
Source: American Thinker Read more
Russian ship bound for Syria full of arms
No wonder the Russians are preventing the UN Security Council from slapping an arms embargo on Syria.
Syria is one of Russia’s top weapons customers. The United States and European Union have suggested the U.N. Security Council should impose an arms embargo and other U.N. sanctions on Syria for its 14-month assault on a pro-democracy opposition determined to oust Syrian President Bashar al-Assad.
But Russia, with the support of fellow veto power China, has prevented the council from imposing any U.N. sanctions on Syria and has refused to halt arms sales to Damascus.
“Al Arabiya have learned that a Russian cargo ship carrying a large amount of weapons plans to unload its cargo in the Syrian port of Tartus,” the broadcaster said on its website on Thursday.
The report said the ship left a Russian port on May 6 and cited a “Western source” as saying that it will dock at Tartus on Saturday.
“The ship is trying to conceal its final destination in a suspicious way,” Al Arabiya said.
Source: American Thinker Read more
Syria massacre in Houla condemned as outrage grows
Western nations are pressing for a response to the massacre in the Syrian town of Houla, with the US calling for an end to what it called President Bashar al-Assad’s “rule by murder”.
UK Foreign Secretary William Hague has called for an emergency meeting of the UN Security Council this week.
The UN has confirmed the deaths of at least 90 people in Houla, including 32 children under the age of 10.
The Syrian government blamed the deaths on “armed terrorist gangs”.
Houla, in the central province of Homs, came under sustained bombardment by the Syrian army after demonstrations on Friday.
Activists say some of the victims died by shelling, while others were summarily executed by the regime militia known as the “shabiha”.
The killings have sparked a chorus of international condemnation.
The EU, Arab League, France, Britain and Germany all expressed shock over the incident and called for an intensification of pressure on the Assad government, while the UN demanded that Syria stop using heavy weapons in populated areas.
Source: BBC News Read more
Cyprus stops Russian ship with ammunition cargo for Syria
NICOSIA, Cyprus — A Russian ship that made an unscheduled stop in Cyprus while carrying tons of arms to Syria was technically violating an EU embargo on such shipments. But the vessel was allowed to continue its journey Wednesday after changing its destination, Cypriot officials said.
The cargo ship, owned by St. Petersburg-based Westberg Ltd., left that Russian port on 9 December for Turkey and Syria, which is 105km east of Cyprus, the officials said.
Russia and Turkey are not members of the European Union, so such a route would not have violated the embargo the bloc imposed in protest at Syria’s crackdown on the uprising against President Bashar Assad’s rule.
But the Chariot, a St. Vincent and Grenadines-flagged ship, dropped anchor off the southern Cypriot port of Limassol on Tuesday because of high seas, drawing the attention of Cypriot officials.
Customs officials boarded the ship to examine its cargo, but couldn’t open and inspect the four containers because of “the confined space” they were stored in, the Cypriot Foreign Ministry said in a statement. Nevertheless, the officials determined they were holding a “dangerous cargo.”
State radio in Cyprus went further, saying the vessel was carrying “tens of tons of munitions.”
Source: Egypt Independent Read more
al-Bastard’s imaginary “armed terrorist gangs” apparently include children under 10 years of age, dangerous little tykes, aren’t they? Have to be eliminated.
As for blaming the same “armed terrorist gangs”… I have seen several reports that UN observers confirmed that it was indeed al-Bastard’s military who were responsible.
Some months ago I stated that there will be no end to the bloodshed until al-Bastard is surgically removed like the cancer he is.
The procrastinating western world is well on the way to being responsible for the second 10,000 deaths in Syria.
As for this Russian ship taking arms to Syria. It has to be STOPPED! It has to be prevented from delivering arms to the despotic al-Bastard.
If this ship is successful in delivering the arms, RUSSIA HAS FORFEITED ITS RIGHT TO BE ON THE SECURITY COUNCIL OF THE UN! And should be removed immediately having proved themselves unworthy to be trusted with protecting legitimate Syrians who want a fair governance.