Ukraine Awaits IMF as Obama Warns Russia of Consequences - Bloomberg:
"Ukraine will receive an assessment today from the International Monetary Fund on the country’s bailout request as the U.S. continues to muster global support for penalizing Russian encroachment on Ukrainian territory.
An IMF mission was completing talks in Kiev on a loan that Ukrainian Finance Minister Oleksandr Shlapak said yesterday would amount to between $15 billion and $20 billion. Shlapak said the team would announce its findings today.
As the government in Kiev pursues the help it needs to avert default, U.S. President Barack Obama is scheduled to speak today on what the standoff with Russia over Ukraine means for European security. Yesterday, he warned Russian President Vladimir Putin that Russia would face more sanctions if it moved further into eastern Ukraine after its annexation of Crimea.
“It is now up to Russia to act responsibly and show itself to be once again willing to abide by international rules,” Obama said at a news conference in The Hague. “If it fails to do so, there will be additional costs.”"
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