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dipsydoodle

(42,239 posts)
3. Aside from the base,
Mon Mar 24, 2014, 07:18 AM
Mar 2014

and who now gets the $1 billion a year lease payment , the material benefit seems to be related to be Russian imports from Crimea, and those to Belarus and Kazakhstan too, which are now protected and similarly Crimea gets the same benefit. UK tv news reports indicated that little if anything of Crimea's exports would've found substitute markets in the EU.

Crimea will also become the sole beneficiary of income from tourism that area being regarded as having the prize resorts.

Crimea is due to adopt the Ruble but also intends to use the Ukraine's Hryvnia through to 2105. However - Kiev shut down supply of Hryvnias to Crimea's main bank last week. I can only assume that will free off when the dust settles.

Yes - its inevitable Ukraine will be looted largely due to an inability to an inability to conform with the required condition of loans outside of the $2 billion now promised by the EU to help tide them over - that is a aid in the form of a gift. No such gifts are yet apparently forthcoming from the USA who have merely said they will shore up £1 billion in loans by way of guarantees.
They will be required to help themselves by privatising state held assets most of which I would guess will go to western corporations unless China joins the the fray.

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