Flash – Cyprus pulls back from abyss after traumatic bailout – France 24

France 24

France 24 (Photo credit: Wikipedia)

According to France 24, Cyprus is pulling back from the abyss after the traumatic bailout. It’s a good read. Check it out!

via Flash – Cyprus pulls back from abyss after traumatic bailout – France 24.

In my judgement, Cyprus has excellent upside potential. Whilst radical reform has been extremely painful both economically and socially, it has paved the way for sound economic growth in the future.

Thoughts?

Interview: Britain’s involvement in AIIB reflects its pragmatism in bonds with Asia – Xinhua | English.news.cn

National emblem of the People's Republic of China

National emblem of the People’s Republic of China (Photo credit: Wikipedia)

This is an excellent article from China’s Xinhua News. It’s a good read. Check it out!

via Interview: Britain’s involvement in AIIB reflects its pragmatism in bonds with Asia – Xinhua | English.news.cn.

Britain wants to be a pivotal part of Asia growth but still does not want to risk established geo-politics. Meanwhile, with the reversals in President Obama foreign policy, the US is not entirely comfortable with the UK’s new direction. It seems that David Cameron has learned from his experience in office.

Thoughts?