Section: The Business Times (Singapore)
Dutch snub EU-Kiev pact in blow to leaders
[The Hague] Dutch voters Wednesday rejected a key European pact with Ukraine in a people’s referendum seen as a barometer of anti-EU feeling, media predictions said, dealing an embarrassing blow to the government. …read more Source: The Business...
UK’s Farage says Dutch “No” would boost Brexit support
[LONDON] The leader of Britain’s UK Independence Party said on Monday that a Dutch vote against an EU treaty with Ukraine would give a boost to the Brexit camp less than three months from a British referendum on quitting the 28-nation bloc. …read more Source: The Business...
Iceland gets the first jolt from Panama leak: Bloomberg View
[LONDON] The biggest data dump in the history of investigative journalism, the so-called Panama Papers, is having serious political consequences in one of the world’s smallest countries. The leaders of Russia, China, Ukraine and other large nations will survive the exposure of their sometimes tenuous links to offshore accounts, but the...
US offers Ukraine US$335m in security aid
[WASHINGTON] The White House announced Thursday that it will provide Ukraine with US$335 million more in security assistance. …read more Source: The Business...
Ukraine deadlock douses hopes of sanctions relief for Russia
WHEN it comes to sanctions relief for Russia, the last step might be the most difficult. …read more Source: The Business...
Ukraine launches new China trade route bypassing Russia
[ILLICHIVSK, UKRAINE] Ukraine on Friday launched the first cargo train to China that will bypass Russia along a new “Silk Road” meant to counter the Kremlin’s most stringent trade embargo on Kiev to date. …read more Source: The Business...
Completed restructuring deals fell by a third to US$140.9b in 2015
[LONDON] Completed distressed debt and bankruptcy restructurings fell by a third in 2015 compared with the previous year with failed Icelandic bank Glitnir and Ukraine’s sovereign debt accounting for the top deals, Thomson Reuters data showed. …read more Source: The Business...
Putin’s bailout bank needs 1.3 trillion rouble rescue
FOR years, Russia President Vladimir Putin used Vnesheconombank (VEB) to pay for “special projects”, from the Sochi Olympics to covert acquisitions in Ukraine to oligarch bailouts. Now, the state bank needs a rescue of its own and it could be the Kremlin’s costliest yet. …read more Source: The Business...
IMF accused of bowing to political pressure in Ukraine support
[WASHINGTON] Has the world’s crisis lender become politicised? …read more Source: The Business...
IMF changes rule on debt as Ukraine faces Russia deadline
[WASHINGTON] The International Monetary Fund on Tuesday changed a rule that would have blocked its financial aid programme to Ukraine in the event the country defaulted on debt owed to Russia. …read more Source: The Business...
