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Wednesday, March 20, 2013

Morning Digest: Cyprus seeks Russian bailout aid, EU threatens cutoff

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03/20/2013
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Cyprus seeks Russian bailout aid, EU threatens cutoff
NICOSIA (Reuters) - Cyprus's finance minister pleaded with Russia for help on Wednesday to avert a financial meltdown after the island's parliament rejected the terms of a European bailout, raising the specter of a looming default and bank crash..
Obama arrives in Israel amid low expectations
TEL AVIV (Reuters) - President Barack Obama arrived in Israel on Wednesday without any new peace initiative to offer disillusioned Palestinians and facing deep Israeli doubts over his pledge to prevent a nuclear-armed Iran..
Euro, stocks edge higher, investors watching Cyprus
LONDON (Reuters) - European shares rose after three days of losses on Wednesday with investors optimistic that European policymakers would make sure the crisis in Cyprus did not spread to other countries..
Next James Bond movie expected within 3 years : MGM
LOS ANGELES (Reuters) - Movie studio MGM said on Tuesday it expects to release the next James Bond movie within three years, and hopes to announce soon a new director after Sam Mendes decided to move on..
Dominican Republic wins World Baseball Classic
SAN FRANCISCO (Reuters) - The Dominican Republic capped off an unbeaten campaign by defeating Caribbean neighbors Puerto Rico 3-0 to win the World Baseball Classic on Tuesday..
Alibaba's Ma says 30 percent of China retail sales online in 5 years
HONG KONG (Reuters) - Jack Ma, the chairman of China's largest e-commerce firm Alibaba Group, expects 30 percent of China's total retail sales to be conducted online in the next five years, Ma told a conference on Wednesday..
Second computer glitch shuts down NASA Mars rover
CAPE CANAVERAL, Fla., March 18 - The Mars rover Curiosity has had a second computer glitch, extending an unplanned work break for the NASA robot that discovered the first life-friendly chemistry beyond Earth, scientists said on Monday..
FBI turns up heat in investigation of 1990 Boston art heist
BOSTON (Reuters) - The FBI believes it has identified the thieves who stole 13 artworks from Boston's Isabella Stewart Gardner Museum in 1990 in the costliest art theft in U.S. history and asked for anyone who had seen the paintings to contact the bureau..
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