Writing in 1931, Aldous Huxley used Cyprus as the setting for a social experiment gone wrong in his dystopian novel “Brave New World.” The failed experiment sent a warning to future generations regarding the perils of excessive social tampering. Fast-forward nearly a century and Cyprus is yet again the setting, but this time for a […]
In an effort to stem the deepening collapse from the Greece Sovereign Debt crisis, finance ministers from the European Union agreed on a deal that would provide $560 billion in new loans and $76 billion under an existing lending program. Elena Salgado, the Spanish finance minister, who announced the deal, also said the International Monetary Fund was prepared to give up to $321 billion separately.