World news: High price of bailout dawns on Cypriots, Russians se...


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Financial Times
World news:
Tuesday March 26 2013

Financial Times - World
 
High price of bailout dawns on Cypriots
The tough conditions imposed in return for the bailout are likely to decimate the economy's foundations – its offshore financial industry
http://link.ft.com/r/BLH300/Z87214/UU4QGA/ORYU7I/DX1TFQ/VU/h?a1=2013&a2=3&a3=26
 
Russians seek ways to beat Cyprus curbs
Most deposits of more than €100,000 are owned by Russian beneficiaries, which means Russian businesses and depositors will pay much of local bailout
http://link.ft.com/r/BLH300/Z87214/UU4QGA/ORYU7I/PN2Z6G/VU/h?a1=2013&a2=3&a3=26
 
Japanese courts press Abe on electoral reform
Regional courts are stepping up pressure on the government to reform an electoral system that gives sparsely populated rural districts disproportionate power
http://link.ft.com/r/BLH300/Z87214/UU4QGA/ORYU7I/Z8DI5E/VU/h?a1=2013&a2=3&a3=26
 
Myanmar to resume rice exports to Japan
Myanmar is to resume exports of rice to Japan after a 45-year hiatus, marking a milestone in trade relations between the former military dictatorship and Tokyo
http://link.ft.com/r/BLH300/Z87214/UU4QGA/ORYU7I/3CQSKQ/VU/h?a1=2013&a2=3&a3=26
 
Chinese trade cuts both ways for Africa
Developing countries perform a balancing act with the world's second-largest economy as influx of businesses brings both investment and competition
http://link.ft.com/r/BLH300/Z87214/UU4QGA/ORYU7I/20E9X8/VU/h?a1=2013&a2=3&a3=26
 
Japan and EU to start talks on trade deal
Japan and the EU have agreed to open negotiations over a trade deal, as leaders on both sides seek to open their economies
http://link.ft.com/r/BLH300/Z87214/UU4QGA/ORYU7I/52SRY9/VU/h?a1=2013&a2=3&a3=26
 
Dudley gives first hints of slowing QE3
The comments by a prominent dove on the rate-setting FOMC show that there is a consensus on tapering off the Fed's third round of quantitative easing
http://link.ft.com/r/BLH300/Z87214/UU4QGA/ORYU7I/SU75CX/VU/h?a1=2013&a2=3&a3=26
 
Anti-Muslim violence spreads in Myanmar
Officials warn that sectarian violence between Buddhists and Muslims is spreading beyond central Myanmar after 50 were killed in mob rampage
http://link.ft.com/r/BLH300/Z87214/UU4QGA/ORYU7I/T1M4V2/VU/h?a1=2013&a2=3&a3=26
 
Democracy wins if Pakistan shuns Musharraf
Good government is more important than political theatrics and there are signs that voters are growing sceptical of self-proclaimed returning saviours
http://link.ft.com/r/BLH300/Z87214/UU4QGA/ORYU7I/3CQSKU/VU/h?a1=2013&a2=3&a3=26
 
Libya set to transfer $2bn to Egypt
Moves to help cash-strapped nation and speed up visas come as Cairo agrees to begin extradition proceedings against three Gaddafi loyalists
http://link.ft.com/r/BLH300/Z87214/UU4QGA/ORYU7I/DX1TFY/VU/h?a1=2013&a2=3&a3=26
 
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