
Ouch. Ukraine’s foreign reserves collapse 54% in the last quarter
January 15, 2015 Santiago, Chile What a surprise! It turns out that endless military conflict, corruption, and epic fiscal mismanagement can take a serious and rapid toll on an economy. Ukraine started off last quarter with $16 billion in foreign reserves; today they have $7.5 billion. That’s a 54% decline in just 3 months, losing […]











