Ukrainian Journal

U KRAINIAN J OURNAL .com

FRIDAY, AUGUST 1, 2014

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Obama raises US sanctions against Russia
WASHINGTON, July 29 – President Barack Obama escalated U.S. economic sanctions against Russia on Tuesday for its aggression against Ukraine but dismissed suggestions the growing chill in U.S.-Russian relations marked the start of a new Cold War, Reuters reported. 21:36 | More

Dozens reported killed as Kiev presses offensive near MH17 crash site
DONETSK, July 29 - Intense fighting between Ukrainian troops and pro-Russian rebels in eastern Ukraine killed dozens of civilians, soldiers and rebels, as Kiev pressed on with an offensive on Tuesday including near the wreckage of Malaysian flight MH17, Reuters reported. 21:35 | More

Lagarde: IMF may revise $17b loan program if conflict continues
WASHINGTON, July 29 - The International Monetary Fund's $17 billion loan program for Ukraine may have to be revised if the country's conflict in its eastern regions continues for much longer, the head of the IMF said without specifying further, Reuters reported. 21:34 | More

President Petro Poroshenko visited the First operative brigade of the National Guard in a training center near Kyiv. The Head of State examined modern samples of arms and military machines that will be sent to the ATO area. (Photo by the president's press service)

Naftogaz and Gazprom lawsuits combined in Stockholm arbitration court
KIEV, July 29 - The lawsuits that Naftogaz Ukrayiny and Gazprom have filed against each other in Stockholm arbitration court have been combined into one case, Naftogaz chief Andriy Kobolev said. 21:32 | More

IN FOCUS	US and Europe agree to impose wider sanctions on key Russian sectors WASHINGTON, July 28 - U.S. and European leaders agreed on Monday to impose wider sanctions on Russia's financial, defense and energy sectors, Reuters reported. 21:16 \| More
Kiev attempting to take SAM missile site KIEV, July 28 - Ukraine said its troops had taken more territory from pro-Russian rebels near the site where Malaysian flight MH17 was brought down, as international investigators said fighting was preventing them reaching the crash location, Reuters reported. 21:21 \| More

COMMENT AND ANALYSIS

Hryvnia won't tank further this year, according to trade minister KIEV, July 8 – Ukraine's Ministry of Economic Development and Trade is not expecting the further devaluation of the hryvnia and an increase in the rate of inflation growth in the current year, Minister Pavlo Sheremeta has said at a briefing in Kiev.More	1938 Sudetenland vs. 2014 Ukraine; West must act now The West must not ignore Russia's ongoing attack on Ukraine because inaction will create a monster that will be able to destroy the Western civilization. Look at Germany's annexation of Sudetenland in 1938 for parallels.More
Ukraine’s consumer confidence up in November, GfK reports KIEV, Dec. 24 - The Consumer Confidence Index (CCI) in Ukraine was 85.5 in November 2013, which is 1.5 higher than in October, according to a monthly survey of GfK Ukraine. More	Ukraine saw deflation in 2012 for 1st time in 10yrs, says government Ukraine saw deflation in 2012 for the first time in 10 years, with consumer prices going down 0.2% throughout the year. But consumer prices grew 0.2% in December compared to November, the State Statistics Service said.More