Missile Shield

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By MENELAOS HADJICOSTIS and DAVID McHUGH Associated Press

NICOSIA, Cyprus March 18, 2013 (AP)

A plan to seize up to 10 percent of savings accounts in Cyprus to help pay for a €15.8 billion ($20.4 billion) financial bailout was met with fury Monday, and the government shut down banks until later this week while lawmakers wrangled over how to keep the island nation from bankruptcy.

Obama Administration Caves to Putin on Missile Shield for Europe

Sunday, 17 Mar 2013 10:23 PM

By Kenneth Hanner

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Buried in the news made late Friday made by Defense Secretary Chuck Hagel that the U.S. planned to deploy missile interceptors in Alaska and California was the equally important news that the Obama administration was going to stop long-held plans to fully deploy a missile shield in Eastern Europe.
The Pentagon insisted that the change in deployment had nothing to do with trying to assuage Russia and everything with the threat from North Korea, which in recent months has sent a long-range missile into space, detonated a nuclear device, and, last week, sent a barrage ofmissiles into the Sea of Japan.
But the issue of the missile shield has long been seen as a sign of NATO's commitment to protect Europe and former Soviet satellite states against a potentially belligerent Russia, which has made the anti-missile deployment a key target in their diplomatic efforts with the U.S.

Read Latest Breaking News from Newsmax.com http://www.newsmax.com/Newsfront/obama-missile-shield-russia/2013/03/17/id/495084#ixzz2NwKUvQiv
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