stock market in Moscow bank stocks are impaired.
U.S. indices suffered heavy losses in the opening of the stock exchange on Monday, triggered by news of the proposed tax on bank deposits in Cyprus, aiming to fund rescue plan for the country, and only recovered at the end of the day.
Germans are satisfied.Heat snag Beasley with No. 2 pick

MIAMI (AP)  Michael Beasley left his workout with the Miami Heat last week, telling confidants that he wanted to begin his NBA career learning from Pat Riley.

He's in line to get that opportunity.

The star Kansas State forward went to the Heat with the No. 2 selection in Thursday's NBA draft, moments after the Chicago Bulls, as expected, took Memphis point guard Derrick Rose with the top overall pick.

So barring a trade, Beasley will line up alongside Dwyane Wade when the Heat begin their rebuilding project next season.

"I'm telling them that they're going to get a great player," the 19-year-old Beasley said, "and a great person off the court."

Beasley is expected to arrive in South Florida on Friday, when he'll be formally