Specter of Money Haunts Ukraine’s Turmoil-The View From Russia


BY: Ben Aris/Moscow Times   It’s critical to understand the economics of the current crisis in Ukraine. Ukrainian hard currency reserves have dwindled from $35 billion to $17 billion — not enough to ensure the stability of the government. Ukraine is bankrupt.   Under the terms of the European Union offer of last year, which virtually nobody in the Western media seriously examined, the EU was offering $160 million perContinue reading “Specter of Money Haunts Ukraine’s Turmoil-The View From Russia”

‘Working hours in Spain are too long’


Spain moves to a different rhythm to the rest of Europe with people working, eating and going to bed later than anywhere else. In The Local’s latest opinion piece, we ask whether its time for a change to the country’s habits. The siesta was apparently banned in Spain in autumn 2012, and not for theContinue reading “‘Working hours in Spain are too long’”