Tuesday,  March 19, 2013 • Vol. 14--No. 243 • 26 of 33 •  Other Editions

(Continued from page 25)

266th pope, receiving the ring symbolizing the papacy and a wool stole symbolizing his role as shepherd of his 1.2-billion strong flock.
• A cardinal intoned the rite of inauguration at the start of Tuesday's Mass, saying "The Good Shepherd charged Peter to feed his lambs and his sheep; today you succeed him as the bishop of this church."
• Later a half-dozen cardinals approached the Argentine-born pope to vow their obedience.
• The installation occurred in sun-drenched St. Peter's Square before tens of thousands of people, princes, sheiks, rabbis and presidents.
• ___

How can they do that?! A look at Cyprus' decision to seize a part of bank deposits

• PARIS (AP) -- Lawmakers in Cyprus are still scrambling for a way to raise €5.8 billion ($7.5 billion) to help pay for an international bailout of the country's banks and government.
• A plan to seize up to 10 percent of people's savings has been met with fury and it has raised concern, if not panic, in the rest of Europe about the security of bank deposits in times of financial turmoil.
• On Tuesday, Cypriot lawmakers are scheduled to vote on a revised plan that would not be so burdensome for people with less than €100,000 in the bank. Any plan must be approved by the other eurozone countries, which would then commit €10 billion in rescue loans to Cyprus.
• Banks in Cyprus will remain shut until Thursday to give political leaders time to hash out a deal.
• Here's a look at the plan and the problems it may pose.
• ___

Obama confronts old challenges, new crises on a remade Middle East landscape

• WASHINGTON (AP) -- On his second trip to the Middle East as U.S. commander in chief, President Barack Obama this week will confront a political and strategic landscape nearly unrecognizable from the one he encountered on his first trip to the region shortly after assuming office in 2009.
• Gone are the authoritarian regimes and leaders in Tunisia, Egypt, Libya and Yemen, and the once seemingly indestructible Assad regime in Syria is tottering on the brink of collapse. Uncertainty abounds in the wake of the revolutions that have

(Continued on page 27)

© 2013 Groton Daily Independent • To send correspondence, click here.