Section: USA
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Ukraine reaches debt relief deal with creditors
MOSCOW (AP) — The Ukrainian government said Thursday it has reached a deal with its international bondholders to lighten its public debt burden, a crucial move that will help the country avoid default as it tries to cope with the devastating costs of war. Earlier this month, the IMF gave Ukraine a passing grade on its efforts to reform its...
Estonia To Build Fence Along Russian Border
Estonia says it plans to build a fence along part of its eastern border with Russia to safeguard its security and protect the EU’s passport-free Schengen Area. …read more Source: Radio Free Europe / Radio...
Ukraine’s Debt Deal Is a Draw
Creditors lost practically nothing, and major problems are unsolved. …read more Source:...
NATO: Training Center in Georgia Step to Membership
NATO said a new training center opened in Georgia on Thursday would help the former Soviet republic to move closer to membership in the military alliance, a prospect sharply opposed by neighboring Russia. Georgia’s government has long hoped to join the alliance. But Russia, which fought a 2008 war with Georgia over two Moscow-backed...
Ukraine Gets Its Debt Deal
The rumors yesterday were true: Ukraine has signed a deal with its creditors that includes a 20 percent haircut on the face value of a debt that totaled almost $18 billion. In addition, the deal will extend the maturity of the debt by four years, with interest rates set at 7.75 percent. The deal was signed after weeks of tense negotiations...
As Western Sanctions Cripple Russia, Egypt’s Sisi Considers Using Ruble For Tourism
Egypt is considering using the ruble in settlements in tourism in an effort to avoid using U.S. dollars, Egyptian President Abdel Fattah el-Sisi said, Russian state news agency TASS reported Thursday. The suggestion comes amid part of a broader Egyptian effort to entice Russian tourists to visit, while Russia’s economy reels from sanctions...
Report: Poland to Store US Military Equipment From Mid-2016
The United States will store heavy military equipment at two sites in Poland from mid-2016, Poland’s defense minister said, a part of Washington’s efforts to reassure allies made uneasy by Russian actions in Ukraine. The move will mark the first time Washington has stored heavy military equipment in the newer NATO member states in...
Ukraine Military Conscription Goal Of 25,000 Soldiers Not Met, More Waves Of Army Draft Expected
Ukraine’s sixth wave of military conscription was meant to be its last for 2015, but after only recruiting half of the needed 25,000 men, the country is facing several additional waves of conscription, or a mandatory military draft. …read more Source: International Business...
Final MH17 Crash Report Due In October
The Dutch Safety Board has announced that the final report into the downing of Malaysian Airlines flight MH17 over eastern Ukraine last year will be published on October 13. …read more Source: Radio Free Europe / Radio...
Migration, Anti-Extremism Focus of Western Balkans Summit
VIENNA—Seeking to stem the flow of Mideast migrants, Austria’s foreign minister on Thursday floated elements of a five-point plan that foresees establishing safe havens in the region where those seeking asylum in the EU could be processed and — if they qualify — be given safe passage to Europe. Foreign Minister Sebastian Kurz spoke on the...
