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Thursday, March 27, 2014

The IMF has agreed to provide Ukraine financial lifeline.

With $14-18B as part of an economic-reform program that will enable the country to tap a total of $27B of international support over the next two years. The Senate is set to approve aid for Ukraine, including $1B in loan guarantees and $150M in direct assistance, and the chamber could authorize imposing further sanctions on Russia, although nothing too major. The House has already authorized help for Ukraine.

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