Middle East

Israel's E1 Project Could Disrupt Travel For Palestinians In West Bank

Plans by the Israeli government to build in E1 have been decried by Palestinian officials who claim that building a new settlement between Jerusalem and Maale Adumim would, "effectively cut the West Bank in two." Israeli officials have accused the Palestinians of exaggerating E1's importance, and pro-Israel groups have argued that alternative roads will still run through the area, connecting the northern and southern halves of the West Bank. A trip between Bethlehem and Ramallah that 10 years ago would take 15-20 minutes, will take upwards of 2.5 hours on the new roads.

EU Bailout Tax Sparks Bank Run In Cyprus

Citizens of Cyprus did not react well to the news that their government wants to allow the European Union to take nearly 10 percent of their savings deposits in exchange for a $13 billion bailout. Banks are closed through Tuesday after worries over bank runs. Depositors stood in long lines to withdraw money over the weekend.