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14 of June, 23:31

Hudson: the West will not play the role of the nonprofit Foundation for Kiev
The West is not engaged in charity, and his firm do not want to lose money on Ukraine, said the Professor of Economics at the University of Missouri Michael Hudson, whose opinion leads.

however, the possible failure of Kiev to pay Russia $3 billion of debt on Eurobonds able to inflict a heavy blow on the basics of international law, warned the economist. According to his statement, according to the norms of the international Association of swaps and derivatives, Ukraine has no right to reject their financial obligations towards Russia.

If the IMF has supported Ukraine in its decision, " it would be a rewriting of international law and would mean that the loans Sovereign investment funds of any country

sections: Politics

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