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U.S. busts alleged Russian mob gambling ring

US federal prosecutors have charged 34 people allegedly linked to the Russian mob with running a high stakes illegal gambling business catering to multi-millionaires and billionaires. Clients, including Russian oligarchs, wracked up debts worth hundreds of thousands and even millions of dollars, the Justice Department said in a statement Tuesday…

How German fears of underwriting Russian oligarchs pushed Cyprus to crisis

Copyright ImageClick to View Protesters raise their open palms showing the word ‘No’ during an anti-bailout rally today outside the parliament in Nicosia, Cyprus. Cypriot ministers were trying to revise a plan to seize money from bank deposits before a parliamentary vote on Tuesday that will secure…  …

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