Lawmakers in Cyprus are trying to ease rage over a proposed tax on all bank deposits by exempting people who have relatively small accounts. It's part of a bailout plan for that Mediterranean country negotiated with the E.U. and IMF over the weekend, but the compromise on taxes may not be enough for Cyprus' parliament to pass the plan.
At least seven Marines are dead and another seven are injured after an accident Monday night in Nevada in which a mortar round exploded inside an artillery tube, military officials tell NPR's Tom Bowman.
The Marines were taking part in a live-fire exercise, those officials say. "Shell fragments, I'm told, killed almost three [Marines] immediately," Tom says. The others died before they could be evacuated to a hospital.
Originally published on Tue March 19, 2013 3:55 pm
Update at 2:25 p.m. ET: Deal Turned Down:
Cyprus lawmakers have rejected the bank tax bill, with zero votes in favor, 36 against and 19 abstentions, after a two-hour debate, The Associated Press and Reuters news agencies report. The bill's rejection throws into doubt the $13 billion international bailout package needed to forestall a default.