Tag: loans

Yanukovych’s Bankruptcy: Why Ukraine is Waiting for a Change of Power

December 19, 2013

This article in Forbes Russia predates yesterday’s surprising news that Ukrainian President Yanukovych has signed a $15 billion deal with Russia that has Russia buying Ukrainian government bonds and has Russia slashing the cost of natural gas from $400 per 1,000 to $268.5 per 1,000 cubic meters. As the BBC notes, this will not be […]

Russia and Iran: Bashar al Assad’s Life Support

November 7, 2013

The Assad regime in Syria is broke. That was the consensus of every expert, and resident, more than one year ago. American officials noted that the regime was struggling to find a way to print currency, and that by July of last year the regime had spent more than half of its sovereign wealth fund. […]