As the United Nations Security Council gets set to meet about an unstable situation in Ukraine, a leading banking organization said on Nov. 12 that the country's financial situation is "really desperate" and its economy is "in free fall."
Russia's War Against Ukraine
CNBC: Ukraine economy in ‘free fall,’ banking group says
\"Unless actions are taken pretty soon, the odds of Ukraine falling into financial and economic collapse are very, very large,\" said Lubo Mitov, chief economist of the Institute of International Finance.
