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Cyprus Torn Between Strong Allies Over Bailout Money

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Eurozone finance ministers reportedly won't approve a final bailout deal for Cyprus until after February elections there. The vote is expected to bring to power a conservative who will do everything that the current communist president is refusing: cut public sector jobs, slash wages and, above all, privatize public services. Everyone in the Cypriot government but president Demetrios Christofias agreed in November to austerity measures proposed by the European Union and International Monetary Fund. The delay is terrible for Cypriot banks, which were hit hard by the Greek debt crisis and are desperate for recapitalization funds. Worsening matters is Russian leader Vladimir Putin's call to repatriate $1 trillion of Russian cash abroad. At least one fifth of the deposits in Cypriot banks are Russian.
WAMU 88.5

Taking Great Photos On Vacation Or "Staycation"

Professional photographers give us the latest on cameras, smart phones and shooting tips for great vacation photos this summer -- and every day.

NPR

For Greece's Farmers, Growing Pressure To Be More Competitive

Greece grows plenty of good agricultural products, but has trouble competing internationally. Many in Greece say it's time for the farm sector to modernize.
WAMU 88.5

Obama's Trip to Africa & Foreign Aid

By visiting Africa this month, President Obama is drawing attention to one of the diplomatic tools that most directly shapes America's relationships with other countries: foreign aid and assistance. But now all policy makers at home feel the United States is pursuing the soundest strategy when it comes to providing aid abroad. We explore the issue with the official in charge of the Africa portfolio for the United States Agency for International Development.

WAMU 88.5

Taking Great Photos On Vacation Or "Staycation"

Professional photographers give us the latest on cameras, smart phones and shooting tips for great vacation photos this summer -- and every day.

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