Of the half a trillion dollars held by Russians outside the country, roughly two-thirds is held in accounts in just three countries.» Read More
Pro trader Jim Iuorio looks at whether the bond market and equities can, in fact, rally together.
The bailout plan to tax Cyprus bank savers is a "terrible decision" and one fueled by what's good for Germany, Arianna Huffington told CNBC.
And I'm caught one more time Up on Cyprus Avenue -Van Morrison, "Cyprus Avenue"
While Jim Cramer thinks the Cyprus bailout plan is "stupid," he argues the bears overplayed how it might drag down the market.
Contradictory reports have emerged about whether Russia's Gazprom has offered a deal in which the energy giant will restructure the the Republic of Cyprus' banks in exchange for natural gas exploration rights.
The VIX surged about 20 percent Monday on the open of U.S. markets. Clearly, the news of Cyprus's proposed bank deposit tax is leading to expectations that volatility will return to the market.
Why is a problem in one little corner of the world rippling toward our shores? Are we truly so intertwined with everyone? Even Cyprus? Is this truly a case of The Princess and the Pea?
British expats in Cyprus have reacted angrily at proposals to force depositors to share in the bailout costs for Cyprus banks.
Cyprus? Let us not protest too much, or pretend to be too shocked.
U.S. stock market futures were heavily pressured across the board Monday as global markets reeled from a euro zone decision to force bank depositors in Cyprus to contribute towards a bailout.
A bailout plan for Cyprus sends the euro tumbling, and the pound lifts following comments by the Bank of England chief - it's time for your FX Fix.
The Cyprus news of a savers' haircut is surprising even given the ongoing European debt crisis, Jim O'Neill, chairman of Goldman Sachs Asset Management, told CNBC.
Proposals to force depositors in Cyprus to contribute towards a euro zone bailout has shaken the very nature of banking to its roots, according to Dennis Gartman, editor of "The Gartman Letter", who has labeled Cyprus's recently elected President Nicos Anastasiades a "fool".
The decision to force bank depositors in Cyprus to contribute towards a euro zone bailout could mean the country's economy could shrink by 15 percent over the next two years, investment bank Nomura said.
As the Cypriot parliament decides on a deposit levy, the shadow of Russian money in the island looms large.
Global markets traded lower and the euro hit a three-month low against the dollar as the decision by the euro zone to force bank depositors in Cyprus to contribute towards a bailout provided a stark reality check for investors.
Risk assets fell across the board on Monday as Asian markets saw a massive sell-off after a weekend decision by the euro zone to force depositors in Cyprus to contribute towards a bailout sparked concerns of contagion across other peripheral countries.
Do you think the deposit levy should be scrapped?