Section: US & Canada
Ukraine Gets New Bailout Deal From IMF
BRUSSELS—The International Monetary Fund has agreed to give Ukraine a new bailout deal worth 15.5 billion euro ($17.5 billion) that could climb to around $40 billion over four years with help from other lenders like Europe and the U.S. Ukraine has so far received $4.6 billion as part of an earlier $17 billion aid package the IMF agreed on last...
World Bank to provide up to $2 bn in aid to Ukraine
Washington (AFP) – The World Bank said Thursday it is prepared to provide up to $2 billion in financial assistance to conflict-torn Ukraine this year, part of an international package of support.”Today I am announcing that the World Bank is ready to commit up to $2 billion in 2015, supporting the people of Ukraine in the face of...
Q&A: Details of the Ukraine Cease-Fire Negotiated in Minsk
The pact forces concessions from Ukraine that will cement recent gains made by the pro-Russian separatist forces in southeastern Ukraine. …read more Source: The New York...
Ukraine Ceasefire Doesn’t Look Too Good
You’ve heard it all before: Western powers agree to a ceasefire in a war-torn region, only to have it be broken days or weeks later. And while marathon peace talks in Belarus resulted in a ceasefire in Ukraine that would start Sunday, the conflict looks far from over. If the ceasefire holds up, it would end a 10-month-long conflict between...
Days Of Fighting Ahead In Ukraine As Territory Up For Grabs Before Minsk Ceasefire Takes Effect
A new Ukraine ceasefire deal was reached during overnight negotiations in Minsk, Belarus on Thursday, but that does not mean fighting on the ground is ending — until the ceasefire comes into effect Sunday at midnight. The deal will also not require troops to withdraw from territory already gained. …read more Source: International...
Analysis: Ukraine Accord May Not End Conflict
When the leaders of four major countries convene at a neutral location for high-profile talks aimed at ending a war, results are expected. It took all night — 16 hours in all – but they got results. The questions now are whether they can implement their agreement, and whether it will be enough to end the conflict. There is a good...
Nadiya Savchenko, the prisoner at the center of Ukraine’s cease-fire deal
After 15 hours of grueling, nonstop talks, world leaders gathered in Minsk, Belarus, announced a deal for a cease-fire in Ukraine on Thursday. “We have agreed on many things,” Russian President Vladimir Putin told reporters. The exact details of the deal will no doubt be ironed out, debated and argued about in the coming days, but right now it...
Watch Ukrainian Politicians Get Into a Fist Fight
Ukrainian politicians Samopomich, or “Self Reliance”, party deputy Yegor Sobolev and Batkivshchyna, or “Fatherland”, party deputy Vadim Ivchenko, have been suspended from Parliament for five days for having a fistfight just outside parliament chambers. …read more Source:...
Peace in Ukraine? Not Likely.
Putin, Poroshenko, Merkel and Hollande worked through the night to reach a ceasefire agreement, but in eastern Ukraine nobody is sleeping easily. …read more Source: The Daily...
‘Heavy Political Cost’ Attached to $17.5bn IMF Loan to Kiev
The IMF today agreed a $17.5 (€15.5) billion loan to Ukraine as part of an economic reform deal, designed to cut state spending, bureaucracy and corruption, and boost the Ukrainian economy in the medium term. Ukraine was reportedly on the brink of bankruptcy, with the war against pro-Russian separatists costing around $8 million per day,...
