No account yet?
Subscription Options
Subscribe via RSS, or
Free Email Alert

Sign up to receive a daily e-mail alert with links to Dallas Blog posts.

New Site Search
Bill DeOre
Click for Larger Image
Dallas Sports Blog
Local Team Sports News
The Official Site of the Dallas Mavericks
TEX Homepage News

A feed could not be found at

Stars Recent Headlines
Good News Dallas
IMF Demands Ukraine Pay 50% More for Russian Gas Print E-mail
by Tom McGregor    Fri, Mar 28, 2014, 12:16 AM

Russian President Vladimir Putin loves the Washington D.C.-based International Monetary Fund (IMF). The Ukraine government has agreed to receive an $18 billion (US dollar) IMF loan by forcing Ukrainians to pay 50 percent more for Russian natural gas consumption.

According to the BBC News, "The IMF says a key part of Ukraine's reform programme will focus on the country's state-owned energy company, Naftogaz, which imports gas from Russian energy giant Gazprom."


Putin is supportive of Sen. John McCain's (R.-Az.) legislative efforts as well. Sen. McCain introduced a bill to provide the Ukraine a $1 billion loan to Kiev, if the Ukraine government agreed to pay much higher rates for natural gas from Russia energy giant, Gazprom.

As reported by the BBC News, "A cut in energy subsidies to consumers has been one of the conditions of an international rescue deal and on Wednesday Ukraine's interim government agreed to raise domestic gas prices by 50% in its effort to secure the IMF aid package."

Nevertheless, Putin returned the favor by banning Sen. McCain from entering Russia. The Kremlin believes he can do a more effective job helping Moscow interests by staying in Washington and slamming his fellow Republican lawmakers and calling them, 'Wacko Birds.'

To read the entire BBC News article, link here:

This e-mail address is being protected from spam bots, you need JavaScript enabled to view it  


Share This Story on Facebook
Comments (0)add comment

Write comment
smaller | bigger

< Prev   Next >