The American Empire in a Changing World


Friday, November 9, 2012

''Bailing Out Oligarchs''

From Der Spiegel

''The EU is likely to bail out the banks of tiny member state Cyprus with 10 billion euros of credit. But a secret German intelligence report reveals that the main beneficiaries of the aid would be rich Russians who have invested illegal money there. It's a big dilemma for Chancellor Angela Merkel.''

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