In depth coverage of Global Financial Crisis from Business Today
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Global Financial Crisis

Cyprus avoided bankruptcy, and potential turmoil across the Eurozone, by securing a last-minute 10 billion euro ($13 billion) bailout with promises to sharply cut back its oversized banking sector.

What happens if Cyprus' banks collapse? If its government goes broke? If it leaves the euro? Here's what's at stake.
Cyprus is locked in "hard negotiations" with a troika of lenders to save the Eurozone member's banking system and economy in general from ruin.
China is hopeful of reviving its economic growth to 8.23 per cent this year from last year's 7.8 per cent.
The European Central Bank says it is keeping its benchmark rate at a record low 0.75 per cent despite pressure from hard-pressed businesses for a cut.
A vote on a bailout package for Cyprus that includes an immediate tax on all savings accounts has been postponed until March 19 evening.
The Dow Jones industrial average rose 125.95 points and closed at 14,253.77, topping the previous record of 14,164.53 on October 9, 2007, by 89.24 points.
US President Barack Obama and his political opponents have failed so far to agree on a way to roll back automatic spending cuts that took effect Friday.