
IPFS News Link • Economy - International
With Ukraine Default Risk At 6 Year Highs, US Taxpayers "Volunteer" ...
• http://www.zerohedge.com, by Tyler DurdenJust two days ago we detailed the possibility that Russia could accelerate debt repayment on a $3 billion loan it granted to Ukraine that has broken its covenants. While there is no word yet from Russia on a decision whether to demand the payment, it appears, as Reuters reports, the US taxpayer - just as we warned - is quite willing to step up (thanks to their leaders in Washington) and guarantee $2 billion in loans to the world's 2nd most credit risky nation (after Venezuela).