How Much Does Bankruptcy Affect Your Credit Score?

In most cases, bankruptcy lowers your credit score. Here’s why and things you can do to tip it over when it’s unloaded. Does Bankruptcy Create Bad Credit? One of the reasons bankruptcy hurts your credit is that you don’t make payments like you normally would outside of an active bankruptcy. …

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Russia is not the horse Cyprus should bet on

Our relations with the Soviet Union and Russia have seldom proved beneficial Two days after the independence of Cyprus, the new state was officially recognized by the Soviet Union on August 18, 1960. The Kremlin immediately saw the opportunity to acquire a presence on a strategically positioned island which until …

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