Sunday, December 14, 2014

The West proves willing to help Ukraine by hurting Russia with sanctions, but little aid is forthcoming for Ukraine as its government faces a shortfall

When it comes to fighting the economic battle over Ukraine, the West has been much more willing to hit Russia in its pocketbook than play sugar daddy to Kiev.

The International Monetary Fund, after hinting in September that Ukraine would come up short, officially sounded the alarm this week,acknowledging that Kiev’s coffers face a $15 billion shortfall. That’s over and above the $17 billion package the IMF put together for Ukraine last spring .... http://foreignpolicy.com