Polish Volunteer Military Training: Warsaw concerned over Russia intervention in Ukraine
Poles have been lining up to enroll in a military training program which is part of an initiative to boost Poland #39;s armed forces in the wake of the conflict in Ukraine, according to Radio...
By: UKRAINE TODAY
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Polish Volunteer Military Training: Warsaw concerned over Russia intervention in Ukraine - Video
Ukraine War - UAF gets under "Grad" strike
Ukraine War - UAF gets under "Grad" strike Ukraine War - UAF gets under "Grad" strike Ukraine War - UAF gets under "Grad" strike Video: http://youtu.be/cNUoSLMM0vM Ukraine War ...
By: Ukraine War News
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Ukraine War - UAF gets under "Grad" strike - Video
March 5. Latest news of Ukraine, Crimea, Donbass, US, NATO today
Latest Hot News from Ukraine, New Russia (Donetsk DPR, Lugansk LPR), Crimea! Subscribe to the channel: https://www.youtube.com/channel/UCoYaoBsui3QOW6ZiznLW9uA Subscribe and stay up ...
By: UKRAINE HOT NEWS
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March 5. Latest news of Ukraine, Crimea, Donbass, US, NATO today - Video
Ukraine's economy is collapsing.
Its central bank raised benchmark interest rates from 19.5% to 30% effective Wednesday. Ukraine's currency, the hryvnia, has lost nearly 70% of its value against the dollar in just a year. GDP shrank by 7% in 2014.
And while the war-torn country secured a $40 billion international bailout package in February, the chances of recovery any time soon are small.
Ukraine has been battling Russia-backed separatists in the eastern part of the country for the past year. The fighting has contributed to the ravaged state of the economy.
Here are some of the major economic obstacles:
1. Corruption
Corruption is draining Ukraine's economy -- or what's left of it. Ukraine ranks 142 of 175 on the Transparency International list of most corrupt countries.
Even the government admits the situation is bad. Ukrainian Prime Minister Arseniy Yatsenyuk said the government loses around $10 billion every year through graft.
Related: Ukraine recruits Internet army to fight Russian trolls
2. Political risk
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Ukraine's economy teeters towards collapse - Mar. 4, 2015
More than 30 dead in Ukraine mine blast - At least 47 missing
A fatal explosion has occurred at the Zasyadko mine in Donetsk, with at least 47 miners missing inside, the miners #39; union stated. They are also checking reports of 77 deaths in the blast. ...
By: News from the World
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More than 30 dead in Ukraine mine blast - At least 47 missing - Video