Continuing to play up their $17 billion bailout of the bankrupt interim Ukrainian government, the International Monetary Fund (IMF) is now expressing concerns that the protests in the eastern portion of the country are threatening their “reform” program.
The protesters in the east are seeking reforms too, in the form of enhanced autonomy and a more federal form of government. Yet the IMF’s program was built around the assumption of a strong, centralized government, and such a change isn’t in the cards.
The IMF is thus warning that anything which results in a loss of tax revenue from the eastern region, whether it is secession or an autonomy deal that gives them more financial independence, would require a “redesign” of the bailout.
Even less in Ukraine’s interim government’s hands, the IMF warns deterioration of Russian relations would also jeopardize the plan, as they were counting on Russia to keep trading with Ukraine, despite a Western-backed regime change that installed a hostile government there.
As we said before, IMF loan is not free, they want all Ukraine under their economic control, they want all Ukraine to suffer from their deal with self proclaimed government in Ukraine, the idea behind any loan made by IMF or others alike is for people to suffer, like in Greece or Spain, in African countries with rich in natural resources and etc, the country needs to barrow more to pay only the interests of the first loan. In Ukraine and European case, then it is up to the far right aristocrats regimes or Neo fascism, how and how much they are going to divide the suffering among the working people, these government are incompetent by all means, so, the pressure is on the people, and IMF knows that. People in Eastern Europe know that and they don’t want their factories, their heritage and everything that they have worked for to be controlled by IMF, International monitory found is a fraud, is a deceitful, immoral institution acting with vulture capitalism culture, as Goldman Sachs and others alike. The billions of Iraqi money, Libyan money are missing, why, for such a day.
The Ukraine: the first IMF war for repayment of banksters.
The IMF is just a tool for Washington and here they're delivering a very strong message that the east of Ukraine must be "sorted out", i.e., people must die to further Washington's political aims.
Does tend to make the relationships rather clear. The people in the eastern Ukraine are viewed simply as slaves that will work to make money for the bankers with the Kiev government as the foremen cracking the whip to keep the slaves working. The message is clear, make sure you've got the slaves to make us money in the long run if you want the short term bailout.
Classic western style society and democracy. One class makes another class work for the profit of the bankers. Same as it ever was. Until it changes.
The western Ukraine is missing out on a fabulous money making resource. Chernobyl. They can make it a tourist destination for all the pro-nuke types in the west. It can become the new Jerusalem, and every nuke-the-world politician, sycophant and wannabee can take an expensive tour to Chernobyl and get their pictures taken showing the world just how safe nuclear power really is. Every one who is convinced that nuclear power is the 'green' solution to the worlds problems can get their picture taken there as if its the new wailing wall.
Are you retarded? No-one except the Soviet Union is running RBMKs.
Besides Chernobyl is a green haven for all sort of animals, what's not to like?
Besides, that train has already left the station. Russia is exporting prepacked fast breeder reactors now, how about that?
Most EU Nations are battling to meet their committments to the IMF and are penalising their own people with onerous conditions and extra taxes.
This has not stopped the IMF pledging billions to Ukraine which itself is a failed state and cannot even pay its energy costs/
Where will it all end ?
Yes backblow you are right and YES Andron you too are right. IMF calls to arms and consequently to direct confrontation with Russia. And also IMF counted on 45 millions of Slaves to slave for them. So yesterday news of 17 billions bail out for Ukraine is today the old news. It is like kids playing with people on catch my wallet, when these kids stuff the wallet thick put a string on it and pull it away if somebody tries to pick it up. This is disgusting! I mean for adults.
I don't usually pay too much attention to the workings of the IMF, but it seems that if some of the "design" of the Ukrainian plan as outlined above are true then the IMF bases many of it's suppositions on things that can't be controlled by the "borrowing" country. Relations with Russia are a two-way thing that Ukraine alone cannot control – and were not good from the beginning anyway. And as far as a "strong, centralized government" goes, the IMF basing their "loan" on a non-existent condition seems folly to me.
The most probable redesign would be to exclude from any share of the bailout any province that didn't pay taxes to the central government. Regardless of whether the interim government in Ukraine can be called "hostile" to Russia, that government will disappear on 25 May when a new president and parliament will be democratically elected. The chances of that election being free and fair in Donetsk and Lugansk are very slight at this stage, so the simplest thing might be to exclude them altogether until a proper election can be held. If Russia has so much to throw around in Crimea as Mr Ditz claims they have, they can surely fund the bailout in Donetsk and Lugansk.
Newsflash: The bailout goes to holders of the debt, who are Russian.