Christine Lagarde could solve this Cyprus thing ...

But she has her hands full dealing with the gendarmes.  Her residence was raided today as the authorities investigate embezzlement of public funds.

Back home in the US of A it looks like congress is passing another continuing resolution so our government won't have to shut down.  It should be ready for the POTUS' signature when he gets back from charming the Israelis.

I may start drinking again ...

Continuing the Russian theme ...

Get it?

I do think the Russians will save Cyprus ... at a high price.  I would never suggest that Mr. Putin has a vested interest (or big bank accounts) there.

Wednesday morning ... The Russians are Coming

It's all about Cyprus of course but the players and solutions are getting weird.  The Russians are talking about loaning 5 billion euros ... the Arch Bishop of Cyprus is offering to open the coffers of the church and the ECB is mumbling about other options.  It's quite a stew and the chef needs to use spices carefully.