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25.02.2009, 15:53

‘Stop ruining the country, leave already!’

Ukraine’s first president has accused the current one of deliberately running the country’s economy into the ground and called him to leave.

AFP Photo / Presidential Press-service pool / Mykola Lazarenko 11.03.2009, 20:13 1 comment

Ukraine: desperate actions taken to guarantee IMF loan

The government of Ukraine has announced it agrees with the requirements set down by the International Monetary Fund (IMF) for providing increased loans.

25.06.2009, 20:42 7 comments

Is California going bankrupt?

California, America’s most populous state, has a projected $24.3 billion budget deficit for the coming year, and may start issuing IOUs starting next week.

04.07.2009, 10:03 7 comments

A false dawn for the dollar

The US administration has been saying it sees the first green shoots of economic recovery. However consumer spending remains low in America, and some experts argue the signs are misleading.

28.02.2009, 21:39 4 comments

Expert predicts Eurozone collapse

Hayman Advisors LP, famous for its mortgage crisis prediction, now is warning of the imminent collapse of the European monetary union.

12.08.2009, 05:57 4 comments

Second try to bring the U.S. dying economy to life

Washington says it's preparing a second stimulus package by the end of the year, after White House claims that the U.S. economy is showing signs of improvement. But analyst Gerald Celente is skeptical about the move.

01.04.2009, 17:32 3 comments

Middle-class homelessness on the rise in UK

Being middle-class and homeless is a trend that is currently plaguing the streets of Britain and is escalating almost as quickly as the recession.

04.06.2010, 09:55 7 comments

Ukraine ditches NATO plans as president marks 100 days in office

President Yanukovich said the country will not sign up to military alliances. It is part of a bigger plan to put a stronger Ukraine at the crossroads of East and West, as well as to rebuild relations with Russia.

30.10.2009, 07:15 2 comments

Celente: US GDP growth is only a temporary uplift

Director of the Trends Research Institute Gerald Celente believes the unexpected annual US GDP growth of 3.5 percent over the last three months isn't proof of a long-term recovery.

22.01.2010, 20:41 2 comments

Moscow expats speak out on the week’s news

Obama’s policy and the bad shape of American economy. Prime Time Peter Oliver sounds out expats on the week's hottest stories at the John Donne bar.

Show me the money… pretty please, says Ukraine

Published: 04 March, 2009, 11:22


The President of Ukraine has sent an official letter to the International Monetary Fund describing the concessions which the country agrees to in order to receive $US 2 billion as a stabilisation loan.

 
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