The funniest video i have ever watched
Crisis needs a leader – Parody
The new Legislation proposal for Cyprus
The Cyprus parliament is gathering to vote for a new legislation this afternoon which aims to provide means of control to prevent the bank run when the Cyprus banks open on Tuesday here are the main points
- Cash withdrawal limits
- Restriction to the breaking of fixed deposits
- Compulsory renewal of expired term (fixed) deposits
- Restriction or limitation of new account opening
- Compulsory conversion of current accounts to fixed deposit or term accounts
- Restriction or limitation to non-cash transactions
- Limitation in the usage of debit, credit or prepaid cards
- Restriction or limitation of payment of cheques
- Limitation on interbank transactions
- Limitation in bank to public transactions involving (guarantees or letters of credit) involving business transactions
- Restrictions in capital movements, payments and transfers
- Any other measure found appropriate by the Finance minister and the Central bank governor
Volkswagens POLO R WRC
Volkswagens POLO R WRC car is building up the impressions in the world rally championship this year. In only the third race the new team is second in the manufacturers standings and Sebastien Ogier is ranked first in the drivers standings. Having taken the victory in this weekend’s Mexico rally event. Volkswagen Motorsport has just participated in their third event and one can only see excellence with such results in their virgin WRC entry.