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Tuesday, March 4, 2014

Kerry Lands In Kiev, Sanctions Against Russia "In Matter Of Days", US Prepares $1 Billion Loan For Ukraine




While the world digests the recent Putin press conference in which he appeared to superficially soften his stance on the Ukraine, US SecState John Kerry lands in Kiev while the state department announced that sanctions against Russia are "coming in a matter of days", and as the US announces it is preparing a $1 billion aid package for the Ukraine, which despite the toned down rhetoric by Putin just lost the Gazprom discount for natgas due to non-payment meaning its reserves will be depleted even faster, suggesting a far greater urgency to providing funding for the Ukraine in what some have said is now a fight between Putin and the IMF, as the latter tries to drain what little funds remain in the nation, while the former urgently seeks to keep it afloat.

Here is how the WSJ lays out the itinerary:
U.S.’s Kerry Arrives in Ukraine
U.S. Pledges $1 Billion in Loan Guarantees to Ukraine – Officials
U.S. to Provide Technical Support to Ukrainian Central Bank, Finance Ministry
U.S. to Help Ukraine Trace Stolen Assets
U.S. Sanctions on Russia Likely “Days” Away – Officials


Credit to Zero Hedge

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