A split Ukraine would likely default on foreign debt: S&P - chicagotribune.com:
"Ukraine will probably default on its international debts if it loses more territory, ratings agency Standard & Poors warned on Saturday, noting its existing CCC rating on the country already indicated a clear and present danger of default.
"If Ukraine loses some of its territorial integrity, it will not likely be able to repay the loans," John Chambers, chairman of the Standard & Poor's Sovereign Ratings Committee, told Reuters in the Kazakh capital Astana.
Russia has already annexed Ukraine's Crimea region and tensions are rising in other parts of the country. At least 42 people were killed in street battles between supporters and opponents of Russia in the Black Sea port city of Odessa on Friday, that ended with pro-Russian protesters trapped in a flaming building."
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