Section: US & Canada
IMF Approves $17.5 Billion Credit Program To Save Ukraine From Economic Collapse
KIEV, Ukraine (AP) — The International Monetary Fund agreed Wednesday to extend $17.5 billion in loans to Ukraine as part of a program designed to pull the country back from the verge of economic collapse. IMF managing director Christine Lagarde said in a statement that the new four-year extended arrangement will support economic stabilization...
PSG, Bayern join Real, Porto in Champions League last eight
Paris (AFP) – Ten-man Paris Saint-Germain sensationally came from behind twice to dump Chelsea out of the Champions League on away goals after extra time as Bayern Munich also qualified for the quarter-finals with a 7-0 rout of ten-man Shakhtar Donetsk.Held 1-1 in their last 16, first leg tie at Parc des Princes, the Parisians needed an...
IMF will loan $17.5 billion to Ukraine
IMF managing director Christine Lagarde announced Wednesday a plan to extend $17.5 billion in loans to Ukraine as part of a program designed to pull the country back from the verge of economic collapse. …read more Source: Christian Science...
A pigeon in hawk’s feathers: Harper on security
Stephen Harper’s gotten me so scared, I feel like hiding in a closet. The prime minister is quite right — the highest purpose of government is to protect its citizens. Why, then, does he try to scare the bejesus out of them every day? I thought leaders in times of crisis were expected to keep calm and carry on, maintaining stiff upper lips...
U.S. to send Ukraine more aid, including small drones and Humvees
U.S. Vice-President Joe Biden told Ukraine’s president Wednesday the U.S. will send more aid to the country, which U.S. officials said will include small drones and armoured Humvees. …read more Source: CTV...
IMF approves $17.5Bn credit program for Ukraine
KIEV, Ukraine (AP) — Ukraine’s finance minister says the country is expecting to receive $5 billion in credit from the International Monetary Fund in the coming days— the first in a sought-for series of bailout loans the government hopes will keep Ukraine from an economic meltdown.read more …read more Source: CNS...
US Warns of Growing Gap in NATO Defense Spending
Top U.S. officials are warning of the dangers of a growing gap between defense spending by the U.S. compared to Europe at a time of heightened tensions with Russia over Ukraine. The warnings come as U.S. tanks and warships are being deployed in Europe as part of ongoing NATO training operations. Henry Ridgwell reports from London on NATO’s...
US blacklists Ukraine separatists, Crimea bank
The United States stepped up pressure on Ukraine separatists Wednesday, announcing economic sanctions on rebel leaders and their alleged Russian supporters, and on the largest bank in Crimea. Video provided by AFP …read more Source: USA...
News of the day from across the globe, March 12
The U.S. will expand its military aid package to Ukraine to include Humvees and small aerial drones, but is still declining to send weapons that have long been requested by Ukrainian officials as their military tangles with separatists with Russian backing and arms. The new aid package includes about 30 armored Humvees, 200 other Humvees, radios...
Bayern rout Shakhtar to advance to quarter-finals
Munich (Germany) (AFP) – Bayern Munich qualified for the Champions League quarter-finals with a 7-0 rout of 10-man Shakhtar Donetsk on Wednesday.After playing out a drab goalless draw in the first leg in Ukraine, Bayern made no such mistake against a Shakhtar side reduced to 10 men in just the third minute.Shaktar’s horrendous start...
