**Cyprus Reopens Banks Under Tight Controls**
Banks across Cyprus reopened as scheduled Thursday, nearly two weeks after being shutdown amid the island's near-economic collapse.
Depositors formed long lines on the sidewalks and streets outside their banks long before the doors were unlocked at noon local time ((10:00 GMT)), anxiously awaiting access to their accounts.
The banks will stay open for just six hours and people will only be allowed to withdraw $383 a day from their accounts. Travelers leaving the Mediterranean island can take no more than $3,831 to other countries. The strict restrictions were imposed to prevent a massive run on accounts that could trigger a catastrophic bank failure.
Security around was tight Wednesday evening as armored trucks delivered thousands of euros to the bank, as employees prepared to resume operations.
Cyprus banks have been closed since March 16 while the government negotiated a $13 billion bailout from European neighbors, the European Central Bank and International Monetary Fund. As part of the deal, Cyprus agreed to confiscate 40 percent or more from the biggest, uninsured accounts above $130,000 to help pay for the rescue.
**Border Crossing Still Operating after NKorea Cuts Hotline with South**
A tense border crossing between North and South Korea was operating as usual Thursday, despite Pyongyang cutting a crucial communications link that helped coordinate passage at the border.
The North on Wednesday cut its last military hotline with Seoul, saying it was no longer necessary since "war may break out at any moment." The phone was also used to arrange passage for South Korean workers at a joint industrial complex in the North.
Pyongyang has in the past cut the military hotline, stranding South Korean workers at the complex. But workers ((such as this truck driver Park Chul-hee)) reported business as usual at the Kaesong industrial complex Thursday.
Tensions on the Korean peninsula are at their highest in years, with both the North and the U.S.-backed South demonstrating their military preparedness.
In the latest show of force, the U.S. Armed Forces Korea said two B-2 stealth bombers conducted a live-fire training mission over the South Thursday. A statement said the nuclear-capable bombers flew over 10,000 kilometers from a midwestern U.S. base to the Korean peninsula, conducted the firing drill, and returned to the continental U.S. in a "single, continuous mission."