Ukranian Bailout 7/16/2015

Today on July 16th, 2015, Ukraine passed legislation to allow the IMF to issue a $3.2 billion bailout loan.More here.

I assume much of this is about countering Russia's attempt to expand its neo-Soviet power block, the Eurasian Economic Union (established on Jan 1, 2015). Will this expand the Russian-Ukraine conflict?

Are they then going to use the money to buy arms, instead of on the people?

If so, yes, expect an expansion.

Hmmm.

(from 2 months ago)...
Russia's Gazprom says Ukraine's total gas debt is $29.5 billion

a reply to: xuenchen

EU Energy Chief Says Russian Gas Must Continue to Flow Through Ukraine
EU is adamant it wants Russian gas to reach it via Ukraine - anything else is unacceptable

More pipelines delivering gas to Europe - a bad thing russia-insider.com... Porky must be thinking , oh what to do ,oh what to do .

eta ...“Ukrainian transit won’t be used any more even if the sun and moon
switch places,” Alexander Medvedev, deputy head of the state-controlled
energy company OAO Gazprom, said in Moscow.
www.bloomberg.com...

a reply to: the2ofusr1

So the EU is buying Russian gas? What happens if China, BRICS, Russia, and the EEU create a new Reserve Currency? Wouldn't that destroy the Western economies? That would make it very difficult for Ukraine or anyone else to pay back the IMF. Would that trigger a domino effect of defaults???

I'm thinking its all going to crash in November and BRICS will come out with the upper hand.

a reply to: BELIEVERpriest

BRICS do not want to crash the IMF system but are slowly weening themselves off of it .They will end up with a basket of currencies and more then likely backed by gold .Gazprom is putting down a second pipe to Germany and sending one to Turkey as a transit point . The EU will have to build their own lines to hook up to it .

a reply to: the2ofusr1



"KIEV, July 7 (TASS) - The transit agreement between Naftogaz and Gazprom will be prolonged after 2019, Ukrainian President Petro Poroshenko said on Tuesday.
“I believe that the transit agreement between Naftogaz and Gazprom will continue after 2019. Because there is no alternative to it,” said Poroshenko.
The contract for the transit of Russian gas through Ukraine was signed in 2009 for 10 years.
On June 26, Gazprom CEO Alexey Miller said that Gazprom will never agree to extend its contract with Naftogaz of Ukraine on unacceptable terms.
“Ukraine insists on including changes connected with the transit rate in the 2009 contract, which was reasonable and elaborate. Naftogaz of Ukraine insists that the transit rate is increased to $5 for 1,000 cubic meters of gas per 100 km,” he said. “We will never sign a contract on unacceptable terms,” he noted. “We still have 4.5 years; we will hold corresponding negotiations with our Ukrainian partners before the contract expires,” Miller said. russia-insider.com...

"Discussion of the recent agreement between Gazprom and major European companies (E-ON, Royal Dutch Shell and others) about the construction of a second Nord Stream pipeline between Viborg and Greifswald. If the pipeline will be constructed, the pipeline through Ukraine won’t be needed any longer to supply Western Europe." russia-insider.com...

Probably expand it.

originally posted by: Cobaltic1978
Are they then going to use the money to buy arms, instead of on the people?

If so, yes, expect an expansion.

Wish they'd feed and or to help relocate those in need that are stuck in the mist of the shelling areas due it to being their home area, not being able to move, etc. As there are plenty of people stuck in the middle of this tragedy that are not supporting either side's actions.

I assume much of this is about countering Russia's attempt to expand its neo-Soviet power block, the Eurasian Economic Union (established on Jan 1, 2015). Will this expand the Russian-Ukraine conflict?

The reason Ukraine is in need of a bail out is because the Americians paid and helped the bloke in power now to overthrow a democratically elected leader in favour of the thug Ukraine now have for a boss.

If the US had never done its lily Urakine would never have needed a bail out.

The evidence of my claim is that Urkraine will get its bailout money no problems at all, you watch

wasn't it Paul Wolfowitz, Deputy Secretary of Defense under the Bush regime, who said something along the lines of

“Our first objective is to prevent the re-emergence of a new rival, either on the territory of the former Soviet Union or elsewhere, that poses a threat on the order of that posed formerly by the Soviet Union.

was Wolfowitz referring to any power independent of Washington’s control?

Wolfowitz Doctrine makes it clear that the price of world peace is the world’s acceptance of Washington’s hegemony.

www.paulcraigroberts.org...

a reply to: BELIEVERpriest
Watch for SDRs and KNOW that the USD is no longer the reserve currency. The game has already been played and the judges are totaling their scorecards (i.e. backdoor deals being made regarding how the losers can still not completely lose). Watch the AIIB - renewed focus from the IMF - and some changes that many will benefit from and many of the Alex Jones types will see as the NWO coming!!!!!

More later as time and decency permit.