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CNN CNN Newsroom March 25, 2013 19:37:00

Medical distress palcall from t planet. they re dying down there. i ve never seen anything like it. they call is the tax guys. engineering. how fast can you get us the heck out of here? okay. not exactly your j.j. abrams production, but the irs apparently spent about $60,000 on two star trek knockoffs. why? to train their employees. zain asher joins me with nor. okay. what do we know about these videos, zain? i m sorry, i m laughing. this he we they were made for 2010 leadership conference. they only came to light because it was requested they be released. they cost a total of $60,000 to make both videos. ....

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CNN CNN Newsroom March 25, 2013 17:18:00

Rob rhiner of all people deciding, oh, my god, this can t occur and he and his friends recruiting ted olson and ted olson recruiting david on this case and making it through the california courts. and now to the supreme court. yeah. it s a fascinating story. gloria, thank you so much. appreciate it as always. sure. the crisis might have been averted, cyprus made a deal for about a $13 billion bailout. that of course should be good news. we ll see if it s good or not. zain asher in new york, zain, take a look at the dow here. i understand it s down. investors not all that happy with the deal. back and forth a little bit. i mean, yeah, that seems to be the case. the u.s. stocks here started out strong initially, but they re now lower. we re seeing a triple digit loss now on the dow. cyprus is the fourth european country to get bailed out. it s a reminder that europe isn t necessarily out of the woods by any stretch of the ....

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CNN Around the World March 22, 2013 16:08:00

There s still no plan. it s now the sun going down on friday night, people are at the gate protesting to find out what parliament s going to do, guys, and they still don t have a plan we can tell you about. extraordinary. zain, i want to bring you in and talk about the markets. the europe markets were up earlier. i think they ended up on the day. american markets, they seem to be shaking it off. but what would it take for that situation to change? okay. well basically if that situation would change, basically we d have to see this rippling out to other countries. if deposited in periphery countries, like spain, and did a run on the bank, obviously the global economy would be in jeopardy and that obviously includes u.s. markets. naturally europe is one of our biggest trading partners. but for now investors don t seem to be too stressed. it is a very tiny country. it doesn t have the same impact like say france or germany. plus, we have seen a huge rally in the stock market since the ....

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CNN CNN Newsroom March 22, 2013 19:34:00

You know what it is? we re all guilty of it. you know when you look at a tv at best buy and then you buy it on amazon. now the senate is stepping in, attempting to end the practice. they re holding a symbolic and nonbinding vote today on whether online merchants should collect sales tax. the so-called amazon tax getting support from both sides of the aisle. you re supposed to pay this tax. people just don t do it. i think last year in missouri we had about 300 people pay this tax in the entire state. this basically will have the virtual effect over a period of time, all state ofs have to have sales taxes. forget your income tax. beyond that it will be the same rates. zain, is a ride on the free tax train coming to an end? it does look like it. the senate is addressing this as part of a budget debate. we re expecting to see an amendment filed today. even though this would mostly be a symbolic vote, it does raise a ....

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CNN Around the World March 22, 2013 16:10:00

right. z zain, too from american standpoint, we have americans with us of course, what happens in europe matters in the united states. europe s the biggest trading partner. it s all interconnected now. yeah. absolutely. there are huge protests in the streets just to show you how people are riled up. but emphasize this could never happen in the u.s. the fdic insures deposits. in cyprus they have guarantees as well but willing to override the law because of the dire straits they re in. the u.s. has the authority to borrow money or literally print money. in cyprus it s not that simple because they re part of the eurozone. so they don t have that kind of economy. they have to lean on the shoulders of the ecb. it does seem to be relatively contained over there. zain, jim, thanks so much to both of you. appreciate it. heers more here s more of what we re working on this hour for around the world. ....

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