|dethalternate||Date: Sunday, 06-April-2014, 3:42 PM | Message # 1|
-- dragon lord--
A lifeline for Ukraine.
Ukraine wins a 27-billion dollar international show of support Thursday, rushed through in the wake of Russia's annexation of Crimea.
The International Monetary Fund announced a $14-18 billion standby credit for Kiev in return for tough economic reforms. That will unlock further aid from the EU, the US and other lenders over two years, effectively pulling Kiev closer to Europe.
On Thursday the U.S. Congress passed bills to provide a one billion loan guarantee for Kiev.
U.S. President Barack Obama offers his support at a news conference in Italy.