Factories shutting down, industrial heartlands under attack and currency in freefall, contributing to sharp increase in pricesUkraine could need a further $19bn in emergency international funding by the end of next year if there is no resolution to the escalating conflict in the east of the country, the International Monetary Fund (IMF) has warned.Peace talks are scheduled to resume this week in Minsk as the humanitarian disaster deepens and the outlook for Ukraine’s economy darkens. Factories are shutting down, the country’s industrial heartlands are under attack and the currency has been in freefall, contributing to a sharp increase in prices. …read more
Source: The Guardian
