The right-wing government in Kiev is slashing spending on subsidies to basic goods to funnel the money to the Ukrainian regime’s Wall Street creditors and boosting military spending on the war against Russian-backed forces in east Ukraine. As a result, consumer prices for basic necessities are skyrocketing.
On May 1, hot and cold water prices rose by 71 percent. A month before, natural gas prices had increased by 285 percent, passing from just over 1,000 hryvnia (US$48.20) to over 4,000 hryvnia per thousand cubic meters of gas .... http://www.wsws.org