Thursday, February 11, 2016

Crisis in the Ukraine: On again.

Several things are happening in the Ukraine: some of these are hard to believe:


1. The IMF will fork over $40B to Ukraine to stave off default;


2. Ukraine refuses to pay a $3B payment owed Russia;


3. Ukraine has cut off electricity to Crimea;


4. Russia cut off gas to Ukraine;


5. Mariupol and the breakaway regions cancelled elections;


6. Russia cancelled a free trade treaty with Ukraine.


Meanwhile, Ukrainian nationalists are launching attacks to protest autonomy for E Ukraine and Ukraine's economy is faltering.

No comments:

Post a Comment