And your opinion as to the most likely outcome?I doubt that. There's an entire internet full of alternative narratives, if you've seriously not come across any it seems hard to believe that you're actually interested in one.
Still, with Ukraine’s future in doubt, investors who own Ukrainian bonds will have a hard time selling them in the foreseeable future, says Trang Nguyen, emerging-markets strategist at JPMorgan Chase & Co. “There might be international support to help Ukraine stay current on its debt at the moment,” she says. “But there is a big question mark about its sovereignty.”
Russia is not an economic superpower. — Punshhh
it seems their so-called superpower army is a shambles. — Punshhh
And your opinion as to the most likely outcome? — Punshhh
↪frank I seem to recall, but can't find it right now, that Russia explicitly stated economic integration with the EU wasn't the issue — Benkei
This is where I claim you to be suggesting a replacement of Zelensky’s regime with a puppet government and we are arguing now about this claim. While you stated “It's absolutely absurd to suggest that every time I raise a criticism about a government decision, I'm calling for them to be deposed.” as if I suggested that you want Zelensky gone other times. I’m asking you to fully quote myself where else I made such a suggestion.3. So you wanted to suggest a third strategy opposing Russian and American expansionism and now you want Zelensky gone, which is more than what Putin officially demanded?! Even Putin might cringe over your overzealousness. — neomac
Wouldn't that do it?
— frank
Haven't they done that already? — Olivier5
The IMF’s $5 billion financial package for Ukraine, agreed on in mid-2020, has stalled, with the most recent review mission ending in February without a deal on the next tranche of funding. The IMF is waiting until Ukraine’s leadership decides to recommit to the agreed priorities, which include bank independence and judicial reform, as well as anti-corruption measures. This is not the first time Ukraine’s cooperation with the IMF has been delayed due to the pace of Kyiv’s corruption reforms. Back in 2016, Christine Lagarde, then the managing director of the IMF, gave a harsh warning to Ukraine that it would stop a $40 billion bailout program for the country unless it was serious about fighting corruption.
At the same time, the debt problem is only becoming more urgent. Ukraine’s public and publicly guaranteed debt increased from 50.4 percent of GDP in 2019 to a projected 65.4 percent in 2020, according to the IMF. In December alone, Ukraine’s Finance Ministry raised roughly $4 billion in government bonds, with the majority of the securities at interest rates between 10-12 percent. Among other debt, Ukraine also announced a $350 million short-term loan from Deutsche Bank that month. According to Ukraine’s finance ministry, the country will have to repay roughly $11 billion during the first half of 2021, or about 7 percent of the country’s GDP. It will then have to repay roughly an additional $10 billion during the rest of 2021.
Putin knew NATO had no intention of threatening Russia militarily. He wasn't worried about that. He felt it was time to raise Russia's global profile. — frank
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