Section: The Chosun Ilbo (South Korea)
Kim Jong-un Inspects Building Site from Airplane
North Korean leader Kim Jong-un has inspected the construction site of a prestige housing complex for scientists in Pyongyang from his private plane. The plane is an Antonov-148 the North bought recently from the Ukrainian company. North Korean media published various images of hig… …read more Source: The Chosun...
IMF Agrees to $17.5 Billion Bailout for Ukraine
The International Monetary Fund has agreed on a new $17.5 billion bailout deal for Ukraine to help stabilize the country’s finances. The four-year deal could include as much as $40 billion in funding when combined with money from other lenders, IMF chief Christine Lagarde said. Ukra… …read more Source: The Chosun...
EU Extends Sanctions Against Russia
Amid a sharp escalation of fighting in eastern Ukraine, European Union foreign ministers agreed Thursday to extend by six months the existing sanctions imposed on Russian and Russia-backed separatist officials for their role in the conflict. The ministers also agreed during a meeting in Br… …read more Source: The Chosun...
Ukraine Eyes IMF Credit Lifeline in Early 2015
Ukraine expects the International Monetary Fund to disburse new and overdue loans after a visit next month and still hopes a $17 billion bailout program can be expanded, its central bank chief said on Tuesday. Valeria Hontareva declined to give a value for the payment, even when pressed by… …read more Source: The Chosun...
Ukraine Formally Scraps Non-aligned Status
Ukraine’s President Petro Poroshenko has signed a law revoking Ukraine’s non-aligned status as part of efforts to move the country closer to NATO, the western military alliance. Russia views NATO expansion as a threat and President Vladimir Putin last week signed a military doctrine reiterating t… …read more Source: The...
Visa Stops Supporting Bank Cards in Crimea
International credit and debit card company Visa Inc. said on Friday it could no longer support bank cards being used in Crimea, following U.S. sanctions imposed earlier this month. The United States last Friday prohibited U.S.-registered companies from investing in Crimea or providing ser… …read more Source: The Chosun...
Visa Stops Supporting Bank Cards in Crimea
International credit and debit card company Visa Inc. said on Friday it could no longer support bank cards being used in Crimea, following U.S. sanctions imposed earlier this month. The United States last Friday prohibited U.S.-registered companies from investing in Crimea or providing ser… …read more Source: The Chosun...
Russia Threatens to Cut Ties with NATO If Ukraine Joins
Russia said on Wednesday NATO was turning Ukraine into a “frontline of confrontation” and threatened to sever remaining ties with the Atlantic military alliance if Ukraine’s hopes of joining it were realized. The Kyiv parliament’s renunciation of Ukraine’s neutral status on Tuesday in purs… …read more...
IMF Visits Ukraine for Bailout Talks
Officials from the International Monetary Fund are visiting Ukraine Tuesday for talks on its $17 billion aid program — a key step towards bringing more funds to the cash-strapped country. The visit coincides with a so-called “Day of Silence,” when both Ukrainian forces and rebels have ple… …read more Source: The...
Ukraine Announces Dec. 9 Truce
Ukraine’s President Petro Poroshenko has ordered a new cease-fire next week, as part of a push to end months of fighting with pro-Russian rebels near the Russian border. Thursday’s announcement said Ukraine troops will observe a day of silence Tuesday to usher in the truce. Russian and Wes… …read more Source: The Chosun...
