Ukraine Is Broke

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Ukraine’s Leaders Appeal For Financial Help As Government Begins To Run Out Of Money -- Washington Post

MOSCOW — Ukraine’s deposed president Viktor Yanukovych left an economy in turmoil when he fled the country last month: the treasury has less than $500,000 and the government says it needs $4 billion just to prevent a default on its debt payments.

With the country quickly running out of money, interim Prime Minister Arseniy Yatsenyuk arrived in Washington on Wednesday to meet with President Obama and Vice President Biden. His mission is economic as well as political, as the country also appeals for help in finding a solution to Russia’s military intervention in Crimea.

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My Comment: The interim government in Kiev is broke. My aunt who lives in eastern Ukraine has not only been told that her pension has been cut in half .... but she has not received her last payment. Things are now "going south" and quick in Ukraine right now.