Russia is hurting economically and Ukraine knows it. Ukraine is suffering massive financial stress as well, but it has the International Monetary Fund (IMF) and the European Union (EU) on its side. Russia doesn’t, and Russia is running out of money. Sensing Russian economic weakness, Ukraine has decided to push to get it all back, Crimea and East Ukraine that is.
Washington Times: Ukraine pushing back against fiscally weak Russia
A woman walks past a board listing foreign currency rates against the Russian ruble in Moscow, on Jan. 21.
