Ukraine war hits economy hard

Full story: Iol.co.za 36
Boys play a game of war in the eastern town of Kramatorsk on Thursday. As the Ukraine enters a ninth month of war and political turbulence, executives across the country are struggling to keep their companies afloat as capital from abroad dries up. Read more
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Kiev Fools

Knoxville, TN

#1 Aug 13, 2014
Too bad for Banderites!

"At the same time, industrial output fell 5 percent in June from a year ago, led by machine building and chemical production.

From steelmakers, such as billionaire Rinat Akhmetov’s Metinvest, to food producers such as Ukrlandfarming, the country’s largest agricultural company, industrial companies are taking the brunt of the conflict and EU sanctions against Russia, according to analysts including Elena Bilan at Kiev-based Dragon Capital.

Metinvest chief executive Yuriy Ryzhenkov said one of the biggest risks for the company was a mass exodus of its workers, especially from unsettled areas. More than 1 000 employees from the 14 000-strong workforce at Metinvest’s Krasnodonvugillya plant had quit, while the Avdiyivsky coke-producing plant was running at one-third capacity, he said."
Kiev Fools

Knoxville, TN

#2 Aug 13, 2014
I laugh at those fools in Kiev!
Kiev

Kansas City, MO

#5 Aug 18, 2014
Smiev
Natasha working

Finland

#6 Aug 18, 2014
What economy did ukrainkas have to begin with. Natasha and drug trade perhaps.
Live Free or Die

Waterbury, VT

#7 Aug 18, 2014
Kiev Fools wrote:
Metinvest chief executive Yuriy Ryzhenkov said one of the biggest risks for the company was a mass exodus of its workers,
I'd say, if Porko's ethnic-cleansing campaign is successful - the biggest risk to Metinvest is it being blasted to the ground as a going away present and sold to China as scrap metal.
Kiev Fools

Corryton, TN

#8 Aug 18, 2014
That's a huge drop. I do not believe the civil war is the only cause for the economic downturn.

"The country’s economy shrank 4.7 percent in the second quarter from a year ago, the biggest contraction since 2009. Gross domestic product (GDP) will drop by 6.5 percent this year, according to government and International Monetary Fund (IMF) forecasts."
George

Red Deer, Canada

#9 Aug 18, 2014
You guys are almost comical, just step back and read your own posts, almost the signs of a dilusional melt down. You throw insults at people trying to make their country better, what does that make you??

All of you are pathetic

“Groooovin'”

Since: Feb 14

Location hidden

#10 Aug 18, 2014
Ya Think???

Since: Sep 11

London, UK

#11 Aug 19, 2014
Its not Fight. Its slaughtering the Civilians.
Oliver Cromwell

Lytham, UK

#12 Aug 19, 2014
That's the price they will pay for being Uncle Sams Bitch.
George

Red Deer, Canada

#13 Aug 19, 2014
Oliver Cromwell wrote:
That's the price they will pay for being Uncle Sams Bitch.
Such a childish comment, oh well should not expect much more from you
Lukashenko is Dr Phil

Finland

#14 Aug 19, 2014
Oliver Cromwell wrote:
That's the price they will pay for being Uncle Sams Bitch.
Hardly. It seems current ukra leadership made USA its milkmaid. What kind of idiot would give a dive like ukrainka 17 billion dollars, I mean even Putinko limited their credit to 11 billion when Yanuko was in power. And than they put that knucklehead as the mayor of Kiev. Any invesment made to ukra dive is a waste.
Lukashenko is Dr Phil

Finland

#15 Aug 19, 2014
George wrote:
You guys are almost comical, just step back and read your own posts, almost the signs of a dilusional melt down. You throw insults at people trying to make their country better, what does that make you??
All of you are pathetic
Any money for the past 23 years was stolen by ukra leaders like Yanuko, dioxin head and Yulka. How can the dive improve itself if army, police and politicians steal 90 percent of the invesments coming to the pig sty retard.
Ethan Allen

Waterbury, VT

#16 Aug 19, 2014
KankaFred wrote:
Its not Fight. Its slaughtering the Civilians.
Sure is. Not quite genocide but ethnic-cleansing and war crimes for sure.
Ethan Allen

Waterbury, VT

#17 Aug 19, 2014
Imagine NATO's response if Milosevic had encircled Pristina and done to it what Porkshanks is doing now to Lugansk and Donetsk. Imagine the mainstream media's uproar. Imagine the non-stop pontificating from the world's capitals. They did all that without a bombardment of Pristina, in fact. The refugee numbers are comparable. The civilian casualty rate is comparable and most likely even higher in Ukraine.

NATO is a corrupted organization. Not worth the paper its charter is written on. Same goes for the rest.
Lukashenko is Dr Phil

Finland

#18 Aug 19, 2014
Who cares about those Balkan goat herders. If I would have been Yeltsin or Clinton I would have armed them both and let them kill each other off. That is a perfect solution to ukrainka problem too. Putinko gets a clean ukrainka and can start all over.
Natasha working

Finland

#19 Aug 19, 2014
Rusnano added to the sanction list by the Yankee corn pickers. It seems that kholkhozniks might lose their Samsungs and apples real soon, but at least they will still have their balalaikas to fart on.
Etthan Allen

Waterbury, VT

#20 Aug 20, 2014
Ukraine Asks for Combined IMF Loan Installment of $2.3 Bln by Year-End

http://en.ria.ru/business/20140820/192184176/...

Ukrainian finance minister Oleksandr Schlepak

http://en.ria.ru/images/19218/41/192184133.jp...

schlep: verb

: to carry or pull (something) with difficulty : to drag or haul (something)

Examples of SCHLEP
We schlepped Ukraine through the mud and prayed someone would save us from ourselves.

Origin of SCHLEP
Yiddish shlepn, from Middle High German sleppen, from Middle Low German slēpen
Natasha working

Finland

#21 Aug 20, 2014
IMF is one funny organization. I have read that if the French idiots running it keep spending money as recklessly it will mean that in order for it to continue playing monetary police China would have to increase its role in it. This will be very good since ukrainka flea bags too will have the opportunity to work in one of those sweatshops loved by Americans and their Chinese friends alike.
Etthan Allen

Waterbury, VT

#22 Aug 20, 2014
To receive the IMF funds, Ukraine agreed to a severe austerity program that includes shedding 24,000 government jobs, raising taxes, selling off state assets and withdrawing subsidies on natural gas.

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