interestrateripoff Posted February 6, 2014 Share Posted February 6, 2014 http://www.zerohedge.com/news/2014-02-06/ukraine-imposes-limits-interbank-operations Keep those dominoes steady... steady... and nobody exhale: UKRAINE IMPOSES LIMITS ON SOME INTERBANK FX OPERATIONS UKRAINE TIGHTENS RULES ON COPRORATE FOREIGN-CURRENCY PURCHASES UKRAINE CENTRAL BANK CITES HRYVNIA VOLATILITY ON FX MEASURES There is of course, good news: UKRAINE CENTRAL BANK SAYS INTERBANK LIMITS ARE TEMPORARY Just like in Cyprus. http://www.zerohedge.com/news/2014-02-06/ukraine-has-failed-bond-auction-cds-soar-pre-bailout-levels Yesterday we reported a warning by BNP that "The Run On Ukrainian Deposits May Have Already Started." Obviously, while the real implications for the country's financial system should a full-blown bank run emerge would be dire , they would take some time to manifest themselves, especially since as Interfax reported, the country's central bank still has $17.8 billion in reserves as of today (if sliding at an alarming pace). To be expected, overnight the same central bank reiterated its support for the currency, knowing that the last thing it can afford is an evaporation in confidence: UKRAINE CENTRAL BANK READY TO SUPPORT UAH IF NEEDED: LYTVYTSKYI The government also promplty chimed in: UKRAINE’S YANUKOVYCH PLEDGES TO AVOID ESCALATING CRISIS http://www.zerohedge.com/sites/default/files/images/user5/imageroot/2014/02/20140206_Ukraine_0.png http://www.zerohedge.com/news/2014-02-05/bnp-warns-run-ukrainian-deposits-may-have-already-started "It is absolutely impossible to forecast" Ukraine’s exchange rate, BNP Paribas notes in an ominous report today. Considering Ukraine’s huge need to cover its current account deficit, the country is increasingly reliant on financial inflows - and these will be difficult to secure. The Hyrvnia has collapsed this morninng to 9.00 back near December 2008 lows as BNP warns "The NBU faces a difficult task: let the FX rate devalue to a 'new fair level' without triggering a run on hryvnia retail deposits, which might have already started." Relying on external support amid a forced devaluation "increases risks of disorderly adjustement," and that appears to happening. The first crisis of 2014? Quote Link to comment Share on other sites More sharing options...
TheCountOfNowhere Posted February 6, 2014 Share Posted February 6, 2014 http://www.zerohedge.com/news/2014-02-06/ukraine-imposes-limits-interbank-operations http://www.zerohedge.com/news/2014-02-06/ukraine-has-failed-bond-auction-cds-soar-pre-bailout-levels http://www.zerohedge.com/news/2014-02-05/bnp-warns-run-ukrainian-deposits-may-have-already-started The first crisis of 2014? the 2nd one...the first crisis is the UK governments underpinning of the UK housing market at all costs. Quote Link to comment Share on other sites More sharing options...
dances with sheeple Posted February 6, 2014 Share Posted February 6, 2014 http://blogs.reuters.com/felix-salmon/2014/02/05/puerto-rico-needs-to-prepare-for-its-default/ Quote Link to comment Share on other sites More sharing options...
JPJPJP Posted February 6, 2014 Share Posted February 6, 2014 I don't want any Hyrvnias Not a single one For any purpose at any cost Quote Link to comment Share on other sites More sharing options...
rollover Posted February 7, 2014 Share Posted February 7, 2014 The US treat them like an idiots! http://www.youtube.com/watch?feature=player_embedded&v=qv7qy7jot30#t=26 Quote Link to comment Share on other sites More sharing options...
long time lurking Posted February 7, 2014 Share Posted February 7, 2014 (edited) That will put the cat amongst the pigeons Edited February 7, 2014 by long time lurking Quote Link to comment Share on other sites More sharing options...
NatterJackToad Posted February 18, 2014 Share Posted February 18, 2014 Quote Link to comment Share on other sites More sharing options...
LC1 Posted February 18, 2014 Share Posted February 18, 2014 Brutal. Coming soon to a Capital near you... Quote Link to comment Share on other sites More sharing options...
200p Posted February 18, 2014 Share Posted February 18, 2014 UKRO Ukraine Opportunity Trust hasn't budged - weird that... Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted February 18, 2014 Share Posted February 18, 2014 I think the West is playing silly b*ggers in the Ukraine. Putin will not let the Ukraine move away from Russian influence for all sorts of reasons. He can turn the gas supply off any time he likes. I suspect the Americans, and probably the EU, just wants to put pressure on him bearing in mind that Russian and Chinese ships have begun joint exercises again, that in the past 12 months Russia bombers have been flying off the coasts off many European countries, Japan and North America. Then, of course, there is Syria. Quote Link to comment Share on other sites More sharing options...
NatterJackToad Posted February 18, 2014 Share Posted February 18, 2014 http://www.youtube.com/watch?v=wKp3MYIpMsQ Quote Link to comment Share on other sites More sharing options...
NatterJackToad Posted February 18, 2014 Share Posted February 18, 2014 and a live stream which sets the scene expect a mad night Quote Link to comment Share on other sites More sharing options...
The Masked Tulip Posted February 18, 2014 Share Posted February 18, 2014 Top Gear goes to Syria and within a year it is in a bloody civil war. Then they went and visited Ukraine. Where next? Quote Link to comment Share on other sites More sharing options...
Snafu Posted February 18, 2014 Share Posted February 18, 2014 Ouch...i thought it was air guns at first.... Quote Link to comment Share on other sites More sharing options...
SHERWICK Posted February 18, 2014 Share Posted February 18, 2014 Top Gear goes to Syria and within a year it is in a bloody civil war. Then they went and visited Ukraine. Where next? Scotland.. Quote Link to comment Share on other sites More sharing options...
Sancho Panza Posted February 18, 2014 Share Posted February 18, 2014 11 dead apparently http://www.telegraph.co.uk/news/worldnews/europe/ukraine/10647512/Ukraine-crisis-flames-and-stun-grenades-as-police-launch-all-out-assault-on-protesters-in-Kiev.html Quote Link to comment Share on other sites More sharing options...
John51 Posted February 18, 2014 Share Posted February 18, 2014 Venezuela too, well at least in Caracas. Quote Link to comment Share on other sites More sharing options...
Errol Posted February 18, 2014 Share Posted February 18, 2014 They've waited far too long to crush this. The government should order the army to totally destroy the protest. I would order a curfew within the hour and shoot anyone caught outside after the deadline. Quote Link to comment Share on other sites More sharing options...
NatterJackToad Posted February 18, 2014 Share Posted February 18, 2014 (edited) Venezuela too, well at least in Caracas. and Thailand (i thought it was a rock!) http://www.youtube.com/watch?v=wjV3CVo_O5M Edited February 18, 2014 by NatterJackToad Quote Link to comment Share on other sites More sharing options...
thecrashingisles Posted February 18, 2014 Share Posted February 18, 2014 They've waited far too long to crush this. The government should order the army to totally destroy the protest. I would order a curfew within the hour and shoot anyone caught outside after the deadline. You've been spending too much time in Asia. Quote Link to comment Share on other sites More sharing options...
NatterJackToad Posted February 18, 2014 Share Posted February 18, 2014 http://www.youtube.com/watch?v=d41cRqLkCk4 Quote Link to comment Share on other sites More sharing options...
Sancho Panza Posted February 18, 2014 Share Posted February 18, 2014 (edited) 16 dead of which 7 are policemen. This doesn't seem like a normal protest.RT reporting 180 police hospitalized. Edited February 18, 2014 by Sancho Panza Quote Link to comment Share on other sites More sharing options...
NatterJackToad Posted February 18, 2014 Share Posted February 18, 2014 16 dead of which 7 are policemen. in the videos you can see the "protesters" are more organised than the riot police. what kind of riot police move in the other direction as their colleagues are being dragged away, unconscious into the protesting masses? Quote Link to comment Share on other sites More sharing options...
Ash4781 Posted February 18, 2014 Share Posted February 18, 2014 (edited) Wow just watching this on itv. Seems to be spreading. Edited February 18, 2014 by Ash4781 Quote Link to comment Share on other sites More sharing options...
Eddie_George Posted February 18, 2014 Share Posted February 18, 2014 16 dead of which 7 are policemen. This doesn't seem like a normal protest.RT reporting 180 police hospitalized. Not sure RT is the best place to find unbiased reporting in this case. Quote Link to comment Share on other sites More sharing options...
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