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Two Ukrainian Fighter Jets Shot Down by pro-Russia Separatists

Pro-Russia separatists shot down two Ukrainian fighter jets in the Shaktersky region of Eastern Ukraine on Wednesday. The fighter jets were shot out of the sky only a week after Malaysia Airlines flight MH17 was downed in the same region, killing all 298 passengers on board. It is not yet clear what happened to the pilots of the Sukhol-25 fighter j [...] Read more ...

via Thestreet
24 Jul 2014

Meanwhile, Ukraine's Government Collapses (PM Yatsenyuk Reisgns)

As if Ukraine was not struggling through enough turmoil currently, Bloomberg reports that the fragile coalition government has collapsed after two parties quit. The UDAR and Svoboda parties said they’d leave the government and seek a snap parliamentary ballot. Tempers have been fraying recently as numerous brawls have broken out in parliament [...] Read more ...

via Zerohedge
24 Jul 2014

European Leaders 'Tentatively' Unveil Potential Russian Sanctions

It appears the European leaders, rather than actually unleash sanctions (as the US has dictated asked), has decided to 'warn' of possible sanctions with a 10-page memo of options available to them. As The FT reports, the memo prepared by the European Commission and distributed to national capitals, includes a proposal to ban all Europeans from purc [...] Read more ...

via Zerohedge
24 Jul 2014