Ukraine Crisis: Coup, Corruption and Catastrophe [Video]

crisisLuke Rudkowski of WeAreChange.org joins us to discuss the devastation of Ukraine that has been wrought by decades of corruption, colour revolution, debt slavery and war. We talk about how Ukraine arrived at this spot and the possible way forward.

[youtube=https://youtu.be/BMPdH2mB6fU]

Effects of the crisis

The crisis has had many effects, both domestic and international. According to an October 2014 estimate by the World Bank, the economy of Ukraine contracted by 8% during the year 2014 as a result of the crisis.[36] Economic sanctions imposed on Russia by western nations contributed to the collapse in value of the Russian rouble, and the resulting Russian financial crisis.[37]

The war in Donbass caused a coal shortage in Ukraine, as the Donbass region had been the chief source of coal for power stations across the country. Furthermore, Zaporizhia Nuclear Power Station was forced to shut down one of its reactors after an accident. The combination of these two problems led to rolling blackouts across Ukraine during December 2014.[38]

Additionally due to the Ukrainian Crisis, a new pipeline in Turkey was proposed with an annual capacity around 63 billion cubic metres (bcm), will carry natural gas to Europe completely bypassing Ukraine as a traditional transit hub for Russian gas.[39]

This prolonged crisis in Ukraine began on 21 November 2013, when then president Viktor Yanukovych suspended preparations for the implementation of an association agreement with the European Union. This decision resulted in mass protests by its opponents, known as the “Euromaidan“. After months of such protests, Yanukovych was ousted by the protesters on 22 February 2014, when he fled the Ukrainian capital city of Kiev. Following his ousting, unrest enveloped the largely Russophone eastern and southern regions of Ukraine, from where he had drawn most of his support ~ Source Wikipedia

SF Source corbettreport  Mar 13 2015

Please leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.