Another Regime Change "Success": Ukraine President Less Popular Than State Dept-Ousted Predecessor

Tyler Durden's picture

Two weeks ago, we noted - with some amusement - that Ukraine has defaulted to Russia on a $3 billion obligation. To be sure, the move wasn’t unexpected. 

“I have a feeling that they will not pay us back because they are crooks,” Russian PM Dmitry Medvedev said previously. 

Here, in a nutshell, is what happened. 

Back in 2013, Putin bought a $3 billion eurobond from Kiev’s Russian-backed President Viktor Yanukovych. As Reuters noted at the time, “Kiev needed cash to cover its external funding gap, while the central bank's currency reserves are depleted by efforts to support the hryvnia and repay foreign debt.” 

The deal was closed in December of that year. Two months (nearly to the day) later, Yanukovich was run out of Ukraine by protesters supported by the US and, most notably, by John McCain. 

Later, as part of a deal to restructure some $18 billion in debt, the Petro Poroshenko (Yanukovych’s successor) government struck a deal with creditors including T. Rowe and Franklin Templeton that will see creditors take a 20% haircut on the way to improving Ukraine’s debt sustainability. Kiev offered Putin the same deal. Indignant at the prospect of having to take a 20% loss on money loaned to a friendly government but now owed by a country with which Moscow is effectively at war, The Kremlin refused. Ukraine defaulted. 

We retell that story in order to provide some context for the following poll from Gallup which shows that incredibly, Poroshenko is now less popular than Yanukovych before he was ousted. 

From Gallup: 

Despite signs last year that Ukraine's then-new president was starting to rebuild Ukrainians' trust in their leadership, President Petro Poroshenko is now less popular than his predecessor Viktor Yanukovych was before he was ousted. After more than a year in office, 17% of Ukrainians approve of the job that Poroshenko is doing. This approval rating is down sharply from 47% a few months after his election in May 2014.

 

Poroshenko's low approval rating largely reflects Ukrainians' disenchantment with their leadership, which many feel has failed to deliver on what protesters demanded when they took to the streets two years ago. Since the Maidan revolution, Ukraine's economy has been in shambles, the Crimea region joined Russia and fighting between Ukrainian forces and pro-Russian separatists in the country's East has claimed more than 9,000 lives.

 

Poroshenko is not popular in any region of Ukraine.

 

 

As low as Poroshenko's approval rating is, fewer Ukrainians have faith in their national government, which many have criticized for its slow pace of reform. Ukrainians' trust in their national government arguably did not have much room to fall, but the 8% who express confidence in their government is only one-third of what it was in 2014 (24%). It is also one of the lowest trust levels Gallup has recorded in Ukraine since 2006.

 

 

Just another US foreign policy, regime change success story...

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localizer's picture

Mission accomplished! Well done, America, the world is proud of your achievements in promoting true democracy to benefit the free people across the world.

knukles's picture

We all know why Trump cannot be elected.  Just as the CIA created AIDS to kill blacks and gays, the Republicans unleashed polio to kill Democrats like FDR.  So goes without saying that if The Donald is elected then all the Progressives will have contract airborne hemorrhagic fever created by the federal government in secret camps in Angola.
That and George Soros campaigning against him.

y3maxx's picture

Turkey

Saudi Arabia

USSA #1 enemy?

nmewn's picture

Trump is one of the Four Horsemen of the Apocalypse!...lmao!

booboo's picture

You spelled Acapulco wrong.

The central planners's picture

For the establishment? Yes he is

conscious being's picture

John Bolton says a big fat NO to your assertion. He knows a lot more about this than you do.

Insurrexion's picture

 

 

Exactly Knuk...

That airborne agent will be Small Pox. Easily transmitted through building air handling units.

The interesting thing is that most people in the world have never been innoculated (since the 70's...that is except old fucks, some medical fucks, and recent military fucks) because it was thought to have been wiped out. However, it was kept in military labs in the US and Russia by agreement.

The Donald will get a warning first. If he does not drop out and let the wragged old, grey haired cunt assume the Helm of Hades, he will be bye-byed.

JR's picture

If you look at Step Back’s map and read its analysis, it makes a good case that “the agenda of Russia is self-evident, and self-justifying”:

“If you have read our ‘timeline‘ of events in Ukraine over the last year, you will have noticed that the picture it presents is different from the one described by our leaders and which pervades all our media. This ‘alternative reality’ is in fact radically different, and to consider it fairly may mean suspending normal judgment at first. It will also mean ultimately questioning some of the beliefs that we hold dear, such as belief in the fundamental good intentions and benign nature of our ‘Western’ governments…

“the agenda of Russia is self-evident, and self-justifying. Not only do we not see exactly who the ‘other party’ to the conflict is, but we are grossly deceived about their agendas. As this is really the nub of the conflict, and the focus of its misrepresentation, it is helpful to describe and analyze this point.”

 – Step Back from War Insanity

https://step-back.org/ukraine-reporting-and-opinion/

JustObserving's picture

Another failed state created by the Nobel Prize Winner.  It joins Libya, Syria, Iraq, Yemen, Somalia, Afghanistan and Pakistan as failed states.

Only 190 more states in this world left to go.

nmewn's picture

Elections have consequences ;-)

knukles's picture

#electionconsequencesmatter

nmewn's picture

#HopingForPocketChange

Bastiat's picture

Peace and a robust democracy! 

sun tzu's picture

So does a coup d'etat

farflungstar's picture

To be fair, Barry is moved to transport large numbers of people from these failed states he joined in creating, often to places deemed by TPTB to be in dire need of diversity and cultural enrichment (read: overwhelmingly white areas). 

This fuck out-Bushed Bush big time. 

Mark Mywords's picture

Another Festivus miracle!

I AM SULLY's picture

Wow - so it turns out the bozos Nuland installed are total jack-asses ...

(so shocking)

sarc -off

HowdyDoody's picture

Not everything has turned out for the worse in Ukraine. Poroshenko's personal wealth, unlike that of all the other Ukraine oligarchs, has increased significantly in the last 18 months.

uhland62's picture

Saakashvili might have missed out because he never switches on his happy face any more. 

Ukraine will never amount to anything because they are full of baggage and sense of entitlement. Let them be, they're just a waste of time. Full spectrum separation should be the mantra, but the EU will pump in more money for ... just for what you wonder. 

People should avoid all funds like Franklin Templeton etc. who lend or invest in Ukraine. You'll never see your money again. 

Most fascinating in this saga is also that we have seen bottomless barrels like Argentina and Greece. Then they created another one, Ukraine.  

conscious being's picture

Unless they push it away again, mid 2016, 10 million Ukes from gangsterland will pour, visa free into the EU.

bamawatson's picture

he does not look african

JR's picture

@ Yanukovich was run out of Ukraine by protesters supported by the US and, most notably, by John McCain.

Or as Eric Zeusse put it December 24, 2015 on Global Research, it was Barack Obama’s “bloody coup”:

Gallup reports, “fewer Ukrainians now say their leadership is taking them in the right direction than before the revolution,” but that statement calling this coup a ‘revolution’ embodies the propaganda-lie of one of Gallup’s main clients, the U.S. government itself, which calls the U.S. coup in Ukraine in February 2014 a “revolution,” when every honest and knowledgeable person now knows that this U.S. government claim — that it had helped install democracy instead of having ended it in Ukraine on 20 February 2014 — to have been a lie. Even the founder of the “private CIA” firm Stratfor has called the overthrow of Yanukovych “the most blatant coup in history.” It had been that because it was the first coup to be videoed by numerous people from many different angles with their cellphones and by TV cameras, uploaded to the Web by even anti-Yanukovych countries such as the UK’s BBC; and those videos, the best compilation of which is here, make clear that this was, indeed, a coup d’etat, no authentic revolution at all, such as the U.S. government claims...

Subsequently, evidence came to light showing how it had been organized: the organization for it had started in the U.S. Embassy in Kiev by no later than March 2013. Then, after all of that preparation, on 4 February 2014, the U.S. State Department’s Victoria Nuland gave the final instruction to the U.S. Ambassador in Kiev, to have Arseniy Yatsenyuk appointed to run the country after the coup, and he became appointed 18 days later, on 22 February 2014, to run the country as Prime Minister, until a new President would be elected ‘democratically’; but, even the election of President Poroshenko on 25 May 2014 was no democratic event, because the U.S. government didn’t want residents in the area of Ukraine that had voted over 90% for Yanukovych to be voting in that election. That area of Ukraine (which historically had been a part of Russia) was called Donbass, and it had no say whatsoever in determining Ukraine’s President after the coup, because the new coup-imposed Ukrainian government was already bombing it, starting on 9 May 2014. None of this could have happened without that ‘revolution’: U.S. President Barack Obama’s very bloody coup in Ukraine…

http://www.globalresearch.ca/gallup-ukrainians-loathe-the-kiev-government-imposed-by-obama/5497679

red1chief's picture

It doesn't matter that Poroshenko is unpopular, as Ukraine is in the Hotel California Empire now. There will be no more "revolutions", but there may be NATO membership.

Low IQ fan of VVP's picture

Wow! A map of Ukraine without Crimea! This is such as rare sight in any Western media. I can't even remember the last time I saw something like from any English news/media.

Latina Lover's picture

You will still crap issued  by the USSA state department calling Crimea 'occupied  Ukraine'. The Neocons still can't get over the fact that Putin punked them REALLY good by reclaiming Crimea for Russia.  Well done, Vlad. Fuck you Vicky Nudelman.

Anunnaki's picture

And to add insult to imjury, for the bloodthirsty vampre in the Oval Office, Putin broke off Crimea without. a single casualy

WTFUD's picture

Despite the installed puppet government of dual nationals firing upon them they still muster 7% & 11% support in the South and East respectively. What gives? Maybe they were still suffering shell shock when polled.

' . . . the Crimea region joined Russia . . . . '

better verb would be rejoined.

BarkingCat's picture

What gives? The narrative they hear is different from yours.

Maybe they see all those "vacationing" Russian soldiers and those polite green men as the problem and the Ukrainian military as fighting an occupation.

Maybe most of their family is further east and they get their point of view from them.

In the rest of Ukraine the official line that's on the news is that Russia invaded. Those predisposed to anti Russian sentiment will find that easy to believe.

In reality that is very sad. These people are brothers and should have great relationship.

Talk to an Ukrainian and it is very likely that he or she will use the term Russian when referring to their customs and behaviour.

BarkingCat's picture

What gives? The narrative they hear is different from yours.

Maybe they see all those "vacationing" Russian soldiers and those polite green men as the problem and the Ukrainian military as fighting an occupation.

Maybe most of their family is further east and they get their point of view from them.

In the rest of Ukraine the official line that's on the news is that Russia invaded. Those predisposed to anti Russian sentiment will find that easy to believe.

In reality that is very sad. These people are brothers and should have great relationship.

Talk to an Ukrainian and it is very likely that he or she will use the term Russian when referring to their customs and behaviour.

conscious being's picture

The Russian military in Crimea was there in accordance with a treaty, signed by Ukraine years ago.

theallseeinggod's picture

Well, that just means he's more democratic. Everybody who's supported by the US is democratic and a champion of the human rights. Like the Saudi King Abdullah for example.

Lumberjack's picture

Supplies of Ukrainian electricity to Crimea suspended after protective equipment goes off

http://tass.ru/en/politics/848024

 

KIEV, December 31. /TASS/. The Kakhovka-Titan high-voltage transmission line, which transmits electric power from Ukraine to Crimea, has been shut down after its protective equipment had gone off, an official at Urkenergo, the national operator of the power grids said on Wednesday night.   "Specialists are probing into why the protective system in (the town of) Kahkhovka went off," an official said. Kakhovka-Titan is the only functioning overhead high-voltage transmission line of the four lines, which Ukrenergo used to deliver electricity to the customers in Crimea before the end of November. An agreement on deliveries of electric power from Ukraine to Russia’s Crimean Federal District expires on Thursday, December 31.

Lumberjack's picture

More here:

http://mobile.reuters.com/article/idUSKBN0UD1UJ20151230

Note: there has been several geomagnetic storms that may have triggered protective relays that could have contributed to the outage. LJ

Anunnaki's picture

Was Russia Insider hacked? It is down

Anunnaki's picture

Vlad to Count Chocula, we'll take Dombass as collateral in lieu of payment. have a nice day

onmail1's picture

<-- US (& EU & cabals) policy : In order to make omlette (money) we need to break the egg(Russia).

Ukraine is used only as a stepping stone to break Russia later but its not gonna happen

Ukraine is fucckkedUp 

btw East ukraine is actually Russia only as it is inhabited by native Russians

East Eukraine must dissolve into Russia like Crimea

& Russia should not supply gas to Ukraine anymore in view of default

let them burn coal & wood

& let their ladies prostitute in germany , France & UK

are we there yet's picture

I miss the days when America was a real democracy. I have to go back to Eisenhower though.

vened's picture

Actually, the US is a real democracy now - an ignorant mob majority steered by malignant dual-citizen oligarchs.

You probably meant constitutional republic - but that ended at least in 1913.