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Thursday, March 28, 2013

Cheat Sheet - Yeah, We Broke the Internet

Today: Cyprus Banks Reopen , Why Your B.A. Might Be B.S. , U.S. Flies Stealth Bombers in S. Korea
Cheat Sheet: Morning

March 28, 2013
'BIGGEST ATTACK EVER'

Sven Olaf Kamphuis says his group was behind this week's massive Internet attack. He also says it was completely justified—and kind of blamed the Jews. Eli Lake on the Web's weirdest war.

IT'S ABOUT TIME

After a nearly two-week shutdown to negotiate an estimated $13 billion bailout package, banks reopened Thursday amid cheers of in Cyprus. Trucks loaded with cash arrived to the central bank in the capital Nicosia late Wednesday evening, where they then departed to outlying banks. According to economists, the banks will operate under rigid rules, including a limit on withdrawals and other transactions. Despite the opening, tension remains high in Cyprus, with one business owner saying he was nervous about the bank workers. "I'm worried about the poor kids working in the cashiers today, because people might vent their anger at them. You can't predict how people will react after so many days." The country reached a bailout agreement with the EU earlier this week.

COFFEE SHOP

There's a growing perception out there that a bachelor's degree no longer delivers the value that it used to—and new research seems to confirm those fears. The Daily Beast's Megan McArdle breaks down the numbers and explains why a baccalaureate is quickly becoming a ticket to a job in a coffee shop.

TESTING, TESTING

Underscoring the Obama administration's vow to defend South Korea from its dangerous neighbor, North Korea, the U.S. military announced it had run two nuclear-capable B-2 stealth bombers over the country as a "practice bombing sortie" Thursday. The bombs were allegedly used to demonstrate the U.S.'s ability to both protect the Asia-Pacific region and "conduct long range precision strikes quickly and at will." The incident marks the first time the U.S. military has admitted to launching a B-2 mission over the Korean peninsula.

HEY, LOOSEN UP

It's time to travel. A judge ordered the return of Oscar Pistorius's passport Thursday, so he can now travel abroad. The Olympic double amputee—accused of murdering his girlfriend Reeva Steenkamp—contested the terms of his bail that were issued one month ago. The 26-year-old was prohibited from leaving the country, returning to his home, going near an airport, or drinking alcohol. Pistorius's attorneys argued that he is not a flight risk. A spokesperson for Pistorius claimed the terms of his bail had essentially put him under "house arrest."


DISCOVERY
Gene Marker for Cancer Unearthed
Shows higher risk for breast, ovarian, and prostate.
GET WELL SOON
Nelson Mandela Hospitalized
For recurring lung infection.
MUSIC IS POWER
China First Lady Sang to Tiananmen Troops
After 1989 bloody military crackdown.
BURN
Miami Heat Winning Streak Ends
Lose to Chicago Bulls.
MISUNDERSTOOD
Lilo New Besties With KStew
The two reportedly hanging at her home.
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