News Briefs

  3/28/2014, Adar Bet 26, 5774

West Grants Ukraine $14-18 Billion Bailout

The International Monetary Fund (IMF) announced on Thursday that it is granting a $14-18 billion bailout for the embattled country of Ukraine to help it stabilize and recover from debt, and unlock financial credits worth up to $27 billion. The move is yet another drastic show of support for the government in Kiev after a tumultuous month fighting off fears of a full-scale Russian invasion.