http://www.bloomberg.com/news/2012-11-22/ukraine-s-options-dwindle-as-payment-time-nears-amid-imf-freeze.html
Ukraine must pay $4.3 billion in foreign debt in early 2013.
And...it doesn't look good for Kyiv.
The IMF continues to balk at more loans...its economy is slumping...and Gazprom might fine it $2.7-5.7 billion over long disputed nat gas pricing.
Bloomberg rates Ukraine's risk of default at #6 of 93 nations.
The only bright spot is its corn crop.
Normally bountiful wheat fell by a third in 2012...after a drought...and severe winter frost.
Officials even considered a ban on wheat exports...to prevent domestic bread price rises.
Popular Posts
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- PERU: Chaos Reigns In Lima's Streets With Unregulated Taxis And Ancient Buses.
- BRASIL: FIFA Ponders Guns Swap For World Cup Football Tickets; Lula's Tumor 75% Reduced.
- FRANCE: Angry Basque Force Sarkozy To Hide In Bar.
- MEXICO: Guapo But Bobo...PRI's Pena Nieto Still Leads To Succeed Prez Calderon.
- CHILE / CANADA : Court Suspends Barrick Gold Pascua Lama Mine Production.
- Wall Street Journal Profiles Mexico's notorious "El Chapo."
- CHILE: 16 Jan. UPDATE: Camila Vallejo Interviewed; May Run For MP As Communist.
- SERBIA / KOSOVO / EU : President Nikolic Talks Tough About Pristina.
- ARGENTINA / RUSSIA / BELARUS/ UK : Olympics News...Sort Of.