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8 Nov, 2008 09:19

It’s a knockout! Yushchenko fires world boxing champ

Ukraine’s WBC Heavyweight Champion Vitaly Klitchko has become the latest victim of the world economic crisis – after losing his job as an adviser to the country’s president. Viktor Yushchenko fired all 17 of his aides in a move to reduce govern

Earlier, the Ukrainian leader said he would cut his office by a quarter due to the poor state of the country's economy.
With troubled markets, banks on the verge of insolvency and growing unemployment, Ukraine has taken a heavy hit from the world financial crisis.