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The $13 billion bailout by the eurozone and IMF would levy a one-time charge on deposits, including those of Russian oligarchs who have billions of euros in Cypriot banks.

Also: Convicts who made dramatic escape captured in Canada; University of Central Florida locked down after apparent student suicide and discovery of weapons, explosive devices.

While Beijing is still far behind the U.S. and Russia in arms sales, a new report shows that China is beginning to catch up — thanks to Pakistan.

The University of Central Florida in Orlando closed down its main campus until midday. Authorities are investigating. The incident began with a fire alarm at a dormitory. As police responded, a student apparently killed himself with a gun. Then other weapons and IEDs were discovered.

President Obama announced his choice to be Labor secretary on Monday. It's Tom Perez, a Justice Department civil rights leader — bringing a high-profile Latino to the Cabinet.

The Republican National Committee report offers the party a way forward after its 2012 failure to defeat President Obama, who was long seen as vulnerable because of a relatively high jobless rate and uninspiring economic growth.

Jane Campion directs a new Sundance Channel miniseries, Top of the Lake, about a young New Zealand detective played by Mad Men's Elisabeth Moss. Meanwhile, producers from Lost and Friday Night Lights team up to create a prequel to Alfred Hitchcock's Psycho, called Bates Motel.

In March 2003, U.S. troops crossed from Kuwait into Iraq with the goal of toppling dictator Saddam Hussein. Within weeks, the Hussein regime had fallen. The occupation that followed left U.S. combat forces in the country until December 2011. The legacy of the war is still widely debated.

Nearly three-quarters of states get poor grades when it comes to laws about the making available prices for health care. Most consumers are unaware of the tremendous variation in price for health care services.

Cyprus is facing a run on its banks after the government proposed taxing bank deposits. The government has put off a vote on the plan in a bid to calm things down. Banks are set to re-open on Thursday after a bank holiday was declared on Monday.