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2015-03-12 20:55:00

UKRAINE RISK BAIL OUT

UKRAINE RISK BAIL OUT

The International Monetary Fund on Wednesday approved a bigger, high-risk bailout for Ukraine, giving Kiev immediate access to $5 billion of $17.5 billion in emergency IMF credit in another bid to keep the embattled country afloat.

Ukraine's deadly conflict with Russia-backed militants in eastern Ukraine forced the fund to revamp its bailout program as the turmoil pushed the economy into a deep, two-year contraction, fueled a currency free fall, sparked rampant inflation and drained the central bank's reserves.

IMF and Western officials now hope that a fragile cease-fire combined with painful budget-tightening…

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Tags: UKRAINE, IMF, RUSSIA, U.S., SANCTIONS,

Chronicle:

UKRAINE RISK BAIL OUT
2019, March, 22, 10:20:00

U.S. OIL INVENTORIES DOWN 9.6 MB

US crude oil inventories for the week ended Mar. 15, excluding the Strategic Petroleum Reserve, decreased 9.6 million bbl from the previous week, data from the US Energy Information Administration showed.

UKRAINE RISK BAIL OUT
2019, March, 22, 10:15:00

SAUDI'S OIL WILL DOWN

Saudi Arabia will supply its clients with significantly less oil than they requested in April, extending deeper-than-agreed oil production cuts into a second month, a Saudi official familiar with the policy said.

UKRAINE RISK BAIL OUT
2019, March, 22, 10:10:00

BRITAIN NEED INVESTMENT $265 BLN

Oil & Gas UK estimates exploration and production companies would have to spend about $265 billion between 2019-35 to realize industry’s expectations outlined in Vision 2035 on the UK Continental Shelf (UKCS).

UKRAINE RISK BAIL OUT
2019, March, 22, 10:05:00

U.S. FEDERAL FUNDS RATE 2.25-2.5%

U.S. FRB - Consistent with its statutory mandate, the Committee seeks to foster maximum employment and price stability. In support of these goals, the Committee decided to maintain the target range for the federal funds rate at 2-1/4 to 2-1/2 percent.

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