: :inin Kyiv (EET)

Russia and Ukraine’s Shared Fate


Moody’s has downgraded Ukraine’s sovereign to Caa3, its third from lowest rating, indicating that the odds are on for a default. That doesn’t bode well for Kyiv as it tries to win a fight for its life on economic, military, and political fronts.
But looking over to the so-called “winner” of the Ukraine crisis, Russia isn’t faring much better. The excellent economist Anders Aslund foretold the severity Russia’s economic pain in our pages back in January. Now, his predictions are coming true:

Russia’s GDP decline accelerates as expected: January -1.5%, February -2,2%. It is likely to accelerate further.
— Anders Aslund (@anders_aslund) March …read more

Source: The American Interest

World press about Ukraine

This website is created to observe information about Ukraine in the world media. More information about press.uaposition.com you can read here

World press category: terms & conditions