An hour after Ukraine’s lawmakers yesterday passed the laws needed to unlock a $27 billion international lifeline, protesters chanting “Revolution!” gathered by parliament, forcing deputies to evacuate.
Ukraine reached a preliminary deal with the International Monetary Fund to unlock $27 billion in international aid as U.S. lawmakers passed bills imposing more sanctions on Russians linked to Crimea’s annexation.
The crisis in Ukraine underscores the need for the European Union to consider imports of natural gas from the U.S. and development of domestic resources to diversify supplies, President Barack Obama said.
President Barack Obama defended a proposed U.S. trade deal with the European Union against charges it might weaken environmental standards and consumer protection, saying he wouldn’t allow that to happen.
The world’s top industrial powers threatened further sanctions to deter Russian President Vladimir Putin from taking over other parts of Ukraine and suspended Russia from participating in the Group of Eight.
President Barack Obama urged Russia to de-escalate the crisis over Ukraine or face the consequences of more sanctions if it encroaches further into the east of the country after its annexation of Crimea.
The world’s leading industrial powers threatened further sanctions to deter the Kremlin from invading other parts of Ukraine and boycotted what was to be a Group of Eight summit hosted by President Vladimir Putin.
The annexation of Crimea by Russia pushed European Union plans to cut reliance on natural-gas imports from Russia’s OAO Gazprom to the forefront as the bloc held a first debate on 2030 energy and climate policies.