Ukraine: New ceasefire talks in Minsk scheduled for June 23

After the reported death of an additional two servicemen yesterday in Ukraine as reported by Kiev’s military spokesman Andrei Lysenko and increased heavy weaponry presence on both sides in the contested region of Luhansk has prompted calls by both separatists and Kiev to meet again on June 23 in Minsk. The last meeting in the…

Iran: Deadline approaches, Rouhani tries to limit inspections

As the June 30 deadline looms for a final nuclear deal framework that will allow Iranian sanctions to be lifted, President Hassan Rouhani expressed his optimism in the current situation, saying a deal was “within reach.” However, two issues remain thorny for nuclear deal pessimists, in particular the wording of Rouhani’s tentative endorsement of inspections…

Ukraine: Kiev Vies for 40% Bond Write Down

Ukraine has threatened to issue a debt moratorium and cease making payments to creditors if terms favorable to the government are not reached by the end of June. This latest piece of news comes as the Ukrainian government continues debt restructuring negotiations with the International Monetary Fund, although with a deadline fixed at the end…

Ukraine: IMF supports bailout even if creditors are unpaid

The IMF’s Deputy Managing Director David Lipton gave a statement on default risks and creditor relationships that suggests the organization will continue to support Ukraine even if it decides to follow through on the threat of last month’s legislation allowing it to ignore payments to creditors like the consortium of institutional investors like Franklin Templeton…

Russia: G-7 Mulls New Sanctions

The G-7 has again begun to mull tougher sanctions on Russia. The catalyst for the discussions is an alleged outbreak of Russia-fueled violence in eastern Ukraine. There has been increasing amounts of coverage of certain areas of eastern Ukraine in which a perceived buildup of Russian military equipment has been able to reach separatists in the…