Aleteia

Economy

Orthodox Church in Cyprus Ready to Mortgage Properties to Rescue Nation

The offer comes after Cypriot lawmakers rejected a proposal to seize 10% of the country's private bank deposits

Banks in Cyrpus close, gov’t near default

Parliament will soon vote on whether to seize money from banks deposits

US unemployment falls to lowest rate since December 2008

Though some point out thousands have stopped looking for work

Consumer spending goes up even as income falls in January

Income dropped in January by the most it has in 20 years

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