Home » Posts tagged 'mariupol'

Tag Archives: mariupol

Olduvai
Click on image to purchase

Olduvai III: Catacylsm
Click on image to purchase

Post categories

Post Archives by Category

The Real Ukraine Aggressor: IMF Burying Bankrupt Country In Debt To Fight Civil War

February 26, 2015

The Real Ukraine Aggressor: IMF Burying Bankrupt Country In Debt To Fight Civil War

From Bloomberg News

Ukraine risks losing support from IMF member countries for a proposed $17.5 billion bailout if the conflict in the former Soviet republic continues to escalate, according to two people familiar with the matter.

The new four-year loan program is awaiting approval by the International Monetary Fund’s executive board, which represents the lender’s 188 member nations. Getting the panel’s consent will become more challenging if pro-Russia rebels continue their advance and seize territory such as the strategic port city of Mariupol, one of the people said.

A second person said that while a worsening conflict would complicate approval, IMF country representatives are likely to maintain their support unless an open conflict with Russia breaks out affecting the majority of Ukraine. Both people asked not to be identified because the matter is confidential.

Any doubts over the IMF funds would increase pressure on Ukrainian allies including the U.S. and European Union to step up their own funding to prevent the country from becoming more vulnerable to Russian economic pressure and wider incursion by pro-Russia rebels. A worsening conflict would make it tougher for Ukraine to maintain economic commitments to the IMF and repay the money while deepening the fund’s involvement in the worst standoff in Europe since the end of the Cold War.

…click on the above link to read the rest of the article…

 

Massive Explosion Reported Off Ukraine Coast Near Contested Mariupol | Zero Hedge

November 11, 2014

Massive Explosion Reported Off Ukraine Coast Near Contested Mariupol | Zero Hedge.

Moments ago, according to local press, the simmering east Ukraine conflict just escalated substantially following what are reports of a massive explosion off the Ukraine coast near heavily contested Mariupol – the key city which stands in Russia’s way to make a land bridge from Russian territory to the recently “Russianized” Crimea.

As Interpretermag reports, citing Mariupol news site 0629.com.ua, there has been a powerful explosion in the Azov sea, south of the city.

Residents of the Primorsky and Zhovtnevy districts told the site that the explosion occurred at around 12:00 (10:00 GMT), shaking windows in their homes.

Dmitry Gorbunov, a press officer for the ATO headquarters in Mariupol, told 0629 that the blast had occurred beyond the 20-mile zone off the Ukrainian coast, in territory controlled by the Russian Federation.

There are no reported casualties amongst the Ukrainian navy or border guards. An investigation is under way.

Indicatively the explosion took place in the area highlighed, appropriately enough, by the mushroom cloud.

…click on the above link to read the rest of the article…

Olduvai IV: Courage
Click on image to read excerpts

Olduvai II: Exodus
Click on image to purchase

Click on image to purchase @ FriesenPress