FROM Uri Dadush
Will Cyprus Be the Financial Mouse that Roared? The island nation of Cyprus has 1.1 million people — but it's becoming a threat to the entire Eurozone, which is 317 times larger. It's all about banks structured as tax shelters, often for wealthy Russians, banks now in so much trouble they've asked for a bailout. But when Eurozone leaders proposed to tax every depositor – not just the wealthy, ordinary Cypriots took to the streets, emptying ATMs and forcing parliament to reject the deal. What about depositors in Greece and other troubled countries? Will they lose faith in their own banks and their confidence in the Euro?
The 'deconstruction' of the administrative state President Trump has failed to fill high-level positions in important agencies — and some people he has named want to phase out the agencies they're supposed to lead. We look at the possible consequences for delivering services and providing security — and at top aide Steve Bannon's plans for "deconstructing the administrative state."
Trump, Russia and rabbit holes Conservatives are now joining liberal critics of President Trump by demanding to know about his administration’s ties to Russia. We hear about Washington latest political flap and possible unintended consequence.
The President and America's infrastructure: Bait and switch? President Trump's $1 trillion infrastructure proposal may not be what it seems. We look at the prospects for much-needed improvements in roads, bridges and airports.