popular news stories 2013 image
Miss_Me
What was the deal agreed upon by Cyprus to stabilize their banks? Which depositors lost the most?
Answer
After nearly a week of uncertainty, the Cypriot parliament finally agreed on a bailout plan that will close its second-largest bank and seize funds from uninsured bank accounts. Cyprus rejected on Tuesday an EU plan requiring a tax of roughly ten percent on bank accounts above 100,000 euros, and a comparable but more modest figure on smaller accounts. The parliament was forced to revisit the offer after Russia rejected requests for aid. The final plan takes pressure off of small depositors:
Swiftly backed by euro zone finance ministers, the plan will spare the Mediterranean island a financial meltdown by winding down the largely state-owned Popular Bank of Cyprus, also known as Laiki, and shifting deposits below 100,000 euros to the Bank of Cyprus to create a âgood bankâ. Deposits above 100,000 euros in both banks, which are not guaranteed under EU law, will be frozen and used to resolve Laikiâs debts and recapitalize Bank of Cyprus through a deposit/equity conversion.
Cyprus government spokesman Christos Stylianides said the government will seize about 30 percent of the uninsured accounts. The funds are expected to raise 4.2 billion euros towards the 10 billion euro EU bailout. The plan will affect Russian accounts, which make up a large portion of Cyprusâ non-EU deposits. Russian Prime Minister Dmitry Medvedev expressed anger over the deal, saying that âthe stealing of what has already been stolen continues.â German Chancellor Angela Merkel said she was âvery pleasedâ by the bailout, which is expected to save Cyprus from a crash that would have forced it out of the euro zone.
And here are some other news stories on that subject:
http://www.bnn.ca/News/2013/3/22/Cyprus-says-close-to-bailout-deal.aspx
http://www.dailyforex.com/forex-fundamental-analysis/2013/03/Cyprus-Deal-Agreed---Again/19360
http://www.thenewstribe.com/2013/03/26/cyprus-banks-stay-shut-as-world-markets-take-fright/
After nearly a week of uncertainty, the Cypriot parliament finally agreed on a bailout plan that will close its second-largest bank and seize funds from uninsured bank accounts. Cyprus rejected on Tuesday an EU plan requiring a tax of roughly ten percent on bank accounts above 100,000 euros, and a comparable but more modest figure on smaller accounts. The parliament was forced to revisit the offer after Russia rejected requests for aid. The final plan takes pressure off of small depositors:
Swiftly backed by euro zone finance ministers, the plan will spare the Mediterranean island a financial meltdown by winding down the largely state-owned Popular Bank of Cyprus, also known as Laiki, and shifting deposits below 100,000 euros to the Bank of Cyprus to create a âgood bankâ. Deposits above 100,000 euros in both banks, which are not guaranteed under EU law, will be frozen and used to resolve Laikiâs debts and recapitalize Bank of Cyprus through a deposit/equity conversion.
Cyprus government spokesman Christos Stylianides said the government will seize about 30 percent of the uninsured accounts. The funds are expected to raise 4.2 billion euros towards the 10 billion euro EU bailout. The plan will affect Russian accounts, which make up a large portion of Cyprusâ non-EU deposits. Russian Prime Minister Dmitry Medvedev expressed anger over the deal, saying that âthe stealing of what has already been stolen continues.â German Chancellor Angela Merkel said she was âvery pleasedâ by the bailout, which is expected to save Cyprus from a crash that would have forced it out of the euro zone.
And here are some other news stories on that subject:
http://www.bnn.ca/News/2013/3/22/Cyprus-says-close-to-bailout-deal.aspx
http://www.dailyforex.com/forex-fundamental-analysis/2013/03/Cyprus-Deal-Agreed---Again/19360
http://www.thenewstribe.com/2013/03/26/cyprus-banks-stay-shut-as-world-markets-take-fright/
Is it smart to move to vancouver?
Simon
What around vancouver? Should I go to Ontario?
Answer
Smart going to either/or - you can't really go wrong.
I'll prop Vancouver since I live here...
"A pod of killer whales has paid a surprise visit to Vancouver's Burrard Inlet, passing under the Lions Gate Bridge and touring the busy harbour Wednesday morning."\
http://www.cbc.ca/news/canada/british-columbia/story/2011/05/11/bc-orca-killer-whales-burrard-inlet.html
"A grey whale was spotted cruising around Vancouver's shoreline once again Thursday morning."
http://www.cbc.ca/news/canada/british-columbia/story/2010/05/06/bc-grey-whale-vancouver-false-creek.html
"The Economist magazine again has ranked three Canadian cities are among the world's top five most livable cities, Vancouver, Toronto and Calgary made The Economist magazine's 2012 list released earlier this week. The survey ranks 140 cities based on a number of factors, including health care, stability, culture and environment, education and infrastructure.."
http://www.cbc.ca/news/canada/story/2012/08/15/most-livable-cities-top-ten-economist.html
Featuring numerous lovely beaches, miles of well-maintained paved and dirt trails, Canada's largest aquarium and an array of can't-miss kid-friendly spots (including a pool, water park, miniature railway and more), this 1,000-acre haven is recognized as one of the greatest urban parks in the world.
As Vancouver's first park, with its ever-blooming gardens, pristine coastal areas and roughly 500,000 cedar, fir and hemlock trees, Stanley Park has continued to live up to its "greenspace" designation for more than 120 years. For these reasons and more, this tranquil oasis is the perfect city escape.
http://img.photobucket.com/albums/v336/unklebobosaurus/3%20blogspot/stanleyparkoverview_zpseb192cf3.jpg
Stanley Park Seawall
The forest of the Park on one side and English Bay on the other complete with freighters and cruise ships sailing past and seaplanes taking off and landing. Walking, jogging, cycling and rollerblading allowed.
Wreck Beach [public / clothing optional]
The Capilano Suspension Bridge
http://www.capbridge.com/
It's a definate must-see. If it's summer you could find your way to Lynn Canyon where cliff-diving is popular. I don't recommend it as occasionally people manage to bounce themselves off rocks, but it is a popular summertime thing There are three huge garden spots in Vancouver if you like flowers and photography
2013 Celebration of Light will feature fireworks from Britain, Thailand & Canada. First show July 27th, last show August 3rd.
http://img.photobucket.com/albums/v336/unklebobosaurus/3%20blogspot/fireworks_zps413f1194.jpg
Theatre Under The Stars
White Rock Spirit of the Sea Festival and Torchlight Parade
World-class ski resorts like Blackcomb Whistler to world class fishing lodges or whale watching tours.
Hit the mountains, Whistler-Blackcomb is known worldwide, or stay more local - go skiing or boarding on Grouse, or more:
Grouse Mountain Skyride
http://img.photobucket.com/albums/v336/unklebobosaurus/3%20blogspot/grouseskyride_zps84483146.jpg
Grouse Mountain Hang Gliding
http://www.grousemountain.com/paragliding
Some of the entertainers coming to town this summer....
Barry Bentall and the Legendary Hearts at the Commodore
Killswitch Engage
Nazareth
Alice in Chains
Kiss
Bruno Mars
Bill Mayer
One Direction
Cody Simpson
Gipsy Kings Rush
Harry Connick Jr
Selena Gomez
Bruce Cockburn
Black Sabbath
The Eagles
The Tragically Hip
Pink
Sarah Brightman
Jay-Z and Justin Timberlake
Buck Cherry
Fall Out Boy
Taylor Swift
Russell Brand
Bon Jovi
Barenaked Ladies
John Cleese
Smart going to either/or - you can't really go wrong.
I'll prop Vancouver since I live here...
"A pod of killer whales has paid a surprise visit to Vancouver's Burrard Inlet, passing under the Lions Gate Bridge and touring the busy harbour Wednesday morning."\
http://www.cbc.ca/news/canada/british-columbia/story/2011/05/11/bc-orca-killer-whales-burrard-inlet.html
"A grey whale was spotted cruising around Vancouver's shoreline once again Thursday morning."
http://www.cbc.ca/news/canada/british-columbia/story/2010/05/06/bc-grey-whale-vancouver-false-creek.html
"The Economist magazine again has ranked three Canadian cities are among the world's top five most livable cities, Vancouver, Toronto and Calgary made The Economist magazine's 2012 list released earlier this week. The survey ranks 140 cities based on a number of factors, including health care, stability, culture and environment, education and infrastructure.."
http://www.cbc.ca/news/canada/story/2012/08/15/most-livable-cities-top-ten-economist.html
Featuring numerous lovely beaches, miles of well-maintained paved and dirt trails, Canada's largest aquarium and an array of can't-miss kid-friendly spots (including a pool, water park, miniature railway and more), this 1,000-acre haven is recognized as one of the greatest urban parks in the world.
As Vancouver's first park, with its ever-blooming gardens, pristine coastal areas and roughly 500,000 cedar, fir and hemlock trees, Stanley Park has continued to live up to its "greenspace" designation for more than 120 years. For these reasons and more, this tranquil oasis is the perfect city escape.
http://img.photobucket.com/albums/v336/unklebobosaurus/3%20blogspot/stanleyparkoverview_zpseb192cf3.jpg
Stanley Park Seawall
The forest of the Park on one side and English Bay on the other complete with freighters and cruise ships sailing past and seaplanes taking off and landing. Walking, jogging, cycling and rollerblading allowed.
Wreck Beach [public / clothing optional]
The Capilano Suspension Bridge
http://www.capbridge.com/
It's a definate must-see. If it's summer you could find your way to Lynn Canyon where cliff-diving is popular. I don't recommend it as occasionally people manage to bounce themselves off rocks, but it is a popular summertime thing There are three huge garden spots in Vancouver if you like flowers and photography
2013 Celebration of Light will feature fireworks from Britain, Thailand & Canada. First show July 27th, last show August 3rd.
http://img.photobucket.com/albums/v336/unklebobosaurus/3%20blogspot/fireworks_zps413f1194.jpg
Theatre Under The Stars
White Rock Spirit of the Sea Festival and Torchlight Parade
World-class ski resorts like Blackcomb Whistler to world class fishing lodges or whale watching tours.
Hit the mountains, Whistler-Blackcomb is known worldwide, or stay more local - go skiing or boarding on Grouse, or more:
Grouse Mountain Skyride
http://img.photobucket.com/albums/v336/unklebobosaurus/3%20blogspot/grouseskyride_zps84483146.jpg
Grouse Mountain Hang Gliding
http://www.grousemountain.com/paragliding
Some of the entertainers coming to town this summer....
Barry Bentall and the Legendary Hearts at the Commodore
Killswitch Engage
Nazareth
Alice in Chains
Kiss
Bruno Mars
Bill Mayer
One Direction
Cody Simpson
Gipsy Kings Rush
Harry Connick Jr
Selena Gomez
Bruce Cockburn
Black Sabbath
The Eagles
The Tragically Hip
Pink
Sarah Brightman
Jay-Z and Justin Timberlake
Buck Cherry
Fall Out Boy
Taylor Swift
Russell Brand
Bon Jovi
Barenaked Ladies
John Cleese
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