Archive - Apr 3, 2015 - Story

The appointment of a number of non-Ukrainians to important government posts appears to have been implemented as a move aimed at curbing corruption. This was almost certainly under “orders” of Western powers which are currently financing Ukraine’s government. The IMF wants to get its money back one day, and that won’t be possible unless some things change rather dramatically. However, we believe this also means that the Minsk agreement will not hold forever. In US neo-con circles the idea of Kiev negotiating with the rebels in the East is detested – only unconditional surrender is held to be acceptable.

When all else fails, pre-emptively blame the weather...

Yemen descends into chaos as rebels storm the central district in the key port city of Aden (the site of a local branch of Yemen's central bank) while Al Qaeda militants stage raid on a Mukalla prison freeing 300 inmates. Meanwhile, a Saudi soldier was killed along the border while Chinese soldiers arrived to evacuate civilians.

"Greece is drawing up drastic plans to nationalise the country's banking system and introduce a parallel currency to pay bills unless the eurozone takes steps to defuse the simmering crisis and soften its demands," The Telegraph reports, contradicting officials' "categorical" denial that the country faces a cash crunch and possible default as early as April 9. Will the curtain finally fall on the long-running tragicomedy that is the Greco-Euro standoff?