How sad is this?
The city of Aleppo, in north-west Syria, is witnessing some of the fiercest battles of the country's two-year war between rebel forces and troops loyal to the ruling regime of President al-Assad. Aleppo is currently divided into neighbourhoods controlled by the rival armies. This picture shows Ahmed, the seven-year old son of an Free Syrian Army fighter, standing in front of a barricade were he assists his comrades in the neighbourhood of Salahadeen... msn.com
Management tips, Love diaries, Fashion, and News updates that trigger your future life choices, career and relationship.
Thursday, 28 March 2013
Sunday, 24 March 2013
Island Nation Cyprus
Cyprus has been a member state of the European Union since 2004 |
I was recently reading about Cyprus and its possible bankruptcy, and I couldn't decide if this was the case of a failed business strategy and leadership, negligence, false hope or sheer greed.
This is my understanding of the trail of events.
- Pre 2008 Euro zone, the Central Bank of Cyprus only allowed banks use up to 30% of their foreign deposits to support local lending.
- 2008: Cyprus adopts the Euro while ignoring warnings over consequences of the lending boom
Subscribe to:
Posts (Atom)