the near term. and insured deposits under 100,000 euros are protected. it is the fourth european country to get a bailout. a reminder that europe isn't even close to being out of the woods. also another question guys is what message does this bank tax send to depositors across europe? is this going to be the new way of dealing with crisis, tax deposits, closing banks, that kind of thing? how long is it going to take for cyprus' economy to recover from this? >> very good question. that's what a lot of people were really worried about whether or not what's happening there could happen in other places. >> we saw in europe seizain was saying hang on this might have longer term implications and reigned back a bit. zain, thanks so much. zain asher there. secretary of state john kerry dropping in to meet with president hamid karzai. announcement coming at a time of tension as you can imagine between president karzai and