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Monday, March 25, 2013

Morning Digest: Last-minute Cyprus deal to close bank, force losses

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03/25/2013
Reuters   Election 2012 Daily round-up of the day's top news from the campaign trail, the White House and all the   politics in between
Last-minute Cyprus deal to close bank, force losses
BRUSSELS (Reuters) - Cyprus clinched a last-ditch deal with international lenders to shut down its second-largest bank and inflict heavy losses on uninsured depositors, including wealthy Russians, in return for a 10 billion euro ($13 billion) bailout..
Central African Republic rebel chief to name power-sharing government
BANGUI (Reuters) - A rebel leader in Central African Republic pledged to name a power-sharing government after seizing the capital Bangui on Sunday and declaring himself president, a spokesman said, in a bid to defuse international outcry over the coup..
Stock futures signal rise after Cyprus deal
PARIS (Reuters) - Stock index futures pointed to a higher open on Wall Street on Monday, rallying with world stocks after Cyprus reached a deal with lenders to bail out the indebted island and avert a collapse of its banking system..
Cave-dwelling "Croods" settle at top of U.S. movie box office
LOS ANGELES (Reuters) - Animated prehistoric adventure "The Croods," about a family of cave dwellers fighting for survival, claimed the top spot on movie box office charts with $44.7 million from weekend ticket sales in the United States and Canada..
Djokovic and Sharapova win at windy Miami
(Reuters) - World number one Novak Djokovic and Russian Maria Sharapova shook off windy conditions to move into the fourth round of the Sony Open at Miami on Sunday..
Top China college in focus with ties to army's cyber-spying unit
SHANGHAI (Reuters) - Faculty members at a top Chinese university have collaborated for years on technical research papers with a People's Liberation Army (PLA) unit accused of being at the heart of China's alleged cyber-war against Western commercial targets..
Universe is older than previously thought, new study shows
CAPE CANAVERAL, Florida (Reuters) - Closer scrutiny of radiation left over from the creation of the universe shows the Big Bang took place about 13.8 billion years ago, 100 million years earlier than previous estimates, scientists said on Thursday..
North Korean leader Kim sings military's praises, oungum-style
SEOUL (Reuters) - Forget "Hail to the Chief". In North Korea, the army sing their leader's praises with a chorus of "We Will Defend General Kim Jong-un at the Cost of Our Lives", or the catchy accordion and tap-dance tune, "The Naval Port in the Evening"..
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