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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...
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...
IMF Aims for ‘Immediate’ Stabilization With Latest Ukraine Bailout Deal
The International Monetary Fund has agreed to pump $10 billion into Ukraine’s troubled economy over the next year, providing swift assistance for the country’s struggling finances as part of a larger four-year bailout. The IMF board on Wednesday approved an overall loan of $17.5 billion, with the bulk of the money heading out the door...
Will New U.S. Aid and an IMF Bailout Be Enough to Save Ukraine?
Ukraine got a desperate $17.5 billion shot in the arm Wednesday from the International Monetary Fund. But the biggest threat to the country’s economy — fighting with Russian-backed separatists in eastern Ukraine — still looms large, and a new U.S. aid package falls short of what Ukrainian President Petro Poroshenko says he needs to defeat...
NATO Begins Exercises In Black Sea, As Russia Says It Can Deploy Nuclear Weapons To Crimea
NATO ships from six countries have commenced exercises off the coast of Bulgaria in the Black Sea, just over 300 miles (500 km) from Russian-held Crimea. The training, which started Tuesday and will last a little over two weeks, comes as a Russian officials say that they have the right to position nuclear weapons in the peninsula that was annexed...
