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
- POLAND: Warsaw Lauds LOT Pilot Wrona For Safe Crash Landing.
- SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
- HONDURAS : 4 Nov. UPDATE: 176 Police Arrested For Corruption; Lobo Sacks His Top Cops...Sends Troops Into Sula, Tegucigalpa.
- PERU: Chaos Reigns In Lima's Streets With Unregulated Taxis And Ancient Buses.
- COLOMBIA: Corrupt Police Aided Bogota's Fake Torture Brothel.
- ITALY / EUROZONE : New Greek Crisis Delays Berlusconi's Love Songs CD Release.
- MEXICO : Zetas Founder/ Leader "Lucky" Hernandez Lechuga Captured In Veracruz.
- SERBIA / KOSOVO / EU : President Nikolic Talks Tough About Pristina.
- CHILE / CANADA : Court Suspends Barrick Gold Pascua Lama Mine Production.
- USA : 07 May UPDATE: Famous Fat Cat Meow...Dies On Diet.