Ukraine To Halt Currency Trading Again Any Minute Submitted by Tyler Durden on 02/26/2015 10:41 -0500 With Prime Minister Yatsenyuk putting his foot down and squeezing the central bank to lift capital controls, Ukraine's currency is totally collapsing this morning. Up over 5 handles to a fresh record low of 33.75/USD, we suspect currency trading will be halted any minute . While we discussed the endgame for Ukraine last night, on the street, things are dire with ATM lines, shelves emptied, and local currency exchanges marking up levels dramatically more than the 'official' rates... The 'independent' Central Bank halted currency trading, and then the government screamed ... "I learned this morning on the Internet that the National Bank of Ukraine has, as usual on its own without any sort of consultations, made the decision to close the interbank currency market, which will absolutely not add to the stability of the national currency that the national bank is responsible for. This situation has a very complex and negative influence on the country's economy," Ukrainian Prime Minister Arseniy Yatsenyuk said. And it was unhalted... and this happened... UAH collapsed... As Colonel Cassad report, Mariupol exchangers Today the dollar has broken another record. Buy 1 dollar for 44 hryvnia can sell for 32 hryvnia, according to the city's website 0629.com. Related to this is a panic in the city - in many shops in the city are buying cereals, flour, sugar. By the way, the price of sugar already reached 18 hryvnia per kilogram. "Soon people will buy cookies to drink tea without sugar," - joked seller. broke the record and the cost of a liter of gasoline - more than 26 hryvnia per liter of A-95. According to experts, now the price rise for imported goods and products. For example, the city has increased dramatically the cost of a kilogram of herring - up to 60 hryvnia. For the same money you can buy a kilo of meat. It is noteworthy that the dollar in Kiev a little different - there you can buy a dollar for 36 hryvnia, but also to sell for 32 hryvnia. According to the workers exchangers, such a situation has developed in Mariupol for the area ATO. with lines at the ATMs http://ift.tt/1FYQhAC "The Fall of the Hryvnya is Our Financial Ilovaysk"--Kiev nerves start to crack Rada Deputy Sergey Kaplin The Fall of the Hryvnya is Our Financial Ilovaysk By Sergey Kaplin Translated from Russian by J.Hawk The entire country is now a financial cauldron, we are surrounded by the infantility and self-importance of the National Bank, government, and power ministries. Those who took bribes in dollars are the winners, while those who paid their last hryvnyas in taxes are the losers. There are two reasons for this: Putin and Gontareva. Every cauldron, starting with Ilovaysk, was the result of a strategic miscalculation. The reasons are simple: ministers are not ministers, military commanders are not military commanders, but mere scum, children who think that the Motherland is a board game in which one can always throw the dice one more time. They were not born and destined to be the elite, this cheap not-quite-government which assembled 10km from the Maidan and watched the revolution from coffee houses, from the offices of Arbuzov and Klyuyev, even Azarov. They are not willing to give even their attention, let alone their lives, for the lives of ordinary people. Mr. President, show them the door! Adopt strict and consistent personnel policies! Clan people are always worse than the obsessed and the professionals, don't allow the government to be paralyzed! They already lost your Rada campaign for you, they are losing the war for you, they have buried the hryvnya, what's next? You are next! What's next is your devaluation and your defeat and the collapse of the State! God forbid! What is to be done about the hryvnya? First, the truth concerning what happened. There are two reasons, Gontareva and Putin. The second caused a crisis in the balance of payments: there is no coal, and we have to pay for it with hard currency, but there is no more hard currency because its main source was the Donbass and associated industries in the South. All assets have been expended to support the army, and we are not developing the internal market. Then there's Yatsenyuk and the failure of his reforms: we are living only thanks to imports. Then, Gontareva...She gave out financing to anyone and everyone, saved billionaires and multi-millionnaires, but her second crime was that she allowed them to use that money to play games on currency markets: they borrowed hryvnya at 20% and waited until it ballooned to 200. The third crime was that she allowed hard currency to desert to the West through fictitious import contracts. The fourth crime was that she dropped the hryvnya in the search for a more balanced exchange rate under the conditions of wartime-which is nonsense. The fifth crime is that she gave birth to a monster through her lack of activity, which is the black market which sees a turnover of two billion a day. Neither Yatsenyuk nor the Rada said a word about it. While Ukraine's "population" grew richer with every day! What is to be done? First, the Rada must investigate hyperspeculation and non-professionalism. Prison, prison, prison! The head of the NBU must be immediately fired, and the President and the Prime Minister must take the reins of control into their own hands. Both of them are competent financiers with the necessary political authority and a mandate to conduct surgery on the hryvnya. Secondly, establish an absolute military discipline over refinancing, those banks which need them "for balancing" ought to surrender their vault keys to the state, those who want to remain banks ought to start working like banks and not as currency trading kiosks on a giant scale. Thirdly, create an inter-agency commission to control the currency market: Finance Ministry, Customs, Tax Policy, Ministry of Economy, NBU, SBU, Prosecutor's General Office, MVD. Every import contract must be reviewed. Fourthly, limit, destroy, burn out with white-hot iron currency speculation by banks using refinancing. Everything that was stolen must be returned even if you have to use administrative resources and political influence. Fifth, immediately convene the Rada to strengthen the criminalization of speculation and black market activity, up to the "firing squad" or the ban to do anything financial for 50 years. Next to last, strictly regulate imports, allowing only that which is absolutely necessary to ordinary people. It's a temporary stabilizing measure. Last, form a strategy for redressing the balance of payments, mainly by increasing exports which would require a couple of years. Pay particular attention to the Military Industrial Complex, which will both help the army and will provide an influx of hard currency which will anchor the course of the hryvnya. For God's sake, try at least one of those measures! Do it immediately! J.Hawk's Comment: None of these measures are even remotely plausible. Ironically, the Yanukovych government was potentially better prepared to deal with a crisis like that due to his successful centralization of executive authority which, ironically enough, the Maidan protested against. There are too many vested interests to be overcome, except maybe through the introduction of a totalitarian regime--which, come to think of it, just might be right around the corner. The one thing that the writer, a Rada Deputy from the UDAR Party, does not mention is...improving relations with Russia. He is wrong to blame Putin for Ukraine's woes--they are entirely self-inflicted, and they were inflicted by Ukraine's original cauldron that was the Maidan. It was obvious from the outset that any policy of using Russophobia as a rallying cry for the new regime would quickly become a very costly one economically, not only because it would antagonize Russia, but because it also threatened to alienate big swaths of the country, like the Donbass, which Kaplin acknowledges was Ukraine's main source of hard currency. But the junta cannot reverse course now. Too many things were said, too many people killed, and none of those things can be undone. http://ift.tt/1LLePvg 26th February 2015, city Kiev, failed state Ukraine Today in the Kiev near building of city administration was 3rd protest against economical politic of city authorities. Protesters blocked traffic and demanded the resignation of Klitschko. Vitaliy Klitschko told to the journalists that these protesters are terrorists. Near building of Kiev City State Administration has launched a campaign "March of white handkerchiefs." Activists are protesting against the increase of tickets prices in public transport. Protesters almost completely blocked vehicular traffic on str. Kreschatik near the building of the KSCA. At the same time near the mayor's office has launched a campaign, which involves about a thousand people. People holding flags with the inscription "Peace, justice." They demanded the resignation of Vitaliy Klitschko, the mayor of Kiev. Participants of the action "March of white handkerchiefs" were from two categories of people: the vast majority - pensioners, about 100 people - young people aged between 14 and 18 years. About 30 cars of protesters with yellow flags "Peace, Justice" blocked traffic, leaving open only one lane on the road. At the same time they open the hood, as if their cars were broken. Kiev mayor Vitaly Klitschko has compared these protests and block of road traffic in front of the Kiev City State Administration to the terrorist attacks in Kharkov and Odessa. "They are people who aren't interested in returning to peaceful life in Ukraine, who aren't interested in the success of our state, so they don't abandon their attempts to undermine the situation not only in the East of Ukraine, but also in other cities. The terrorist attack in Kharkov, explosions in Odessa, blocking traffic in the capital and other provocation aimed at one thing - to destabilize the country, "- said Klitschko. Independent journalists report that part of people protested today for money, 50 UAN or 1,5 USD earned part of protesters today. I want to remind that in Maidan people got about 200 UAN or 24 USD as minimal payment for day of protest. Because economical situation became much worse, protesters cost less than before. Sources, Kiev junta media http://ift.tt/1BinTXo... http://ift.tt/1LLePvm... Maksim Ravreba, independent journalist http://ift.tt/1BinTXs http://ift.tt/1LLeMzO "We are losing"--Maidan die-hard toys with the idea of military dictatorship 2/26/2015 We are losing By Yuriy Kasyanov Translated from Russian by J.Hawk Let's speak openly. We are losing the war. The string of battlefield defeats, punctuated by the so-called "peace agreements" demonstrates the political powerlessness of the government and the total inadequacy of the military high command. Let's count. The agreement to let Girkin from Slavyansk, the destruction of our forces in the border sector D, Ilovaysk, the retreat from Lugansk airport, the loss of Novoazovsk, 32nd and 32st checkpoints, the defeat at Donetsk Airport, Debaltsevo...It's a far from complete list of our failures. The list of victorious lies is even longer: we tend to call our defeats victories, and to blame the Kremlin for all the failures. If the retreat cannot be prevented then it has to be renamed, by calling it a "planned withdrawal" with subsequent military decorations and commemorative photos. The treacherous Putin can serve as an alibi personal cowardice and incompetence. Our losses are under-reported by a wide margin. We are short of equipment, artillery ammunition is nearly all gone; we can't expect military aid from the glorious Western democracies. We can see the specter of total military catastrophe, the loss of even greater territories, an economic collapse, and the break-up of the state system of governance. We are losing. We are losing because we are fighting an enemy which we do not want to defeat. The enemy is not the homegrown separatists, not Russian occupiers, and not even the entire "Russian world" of Putin. We are our own enemy number one: our cowardly short-sighted leaders and clumsy commanders; our new/old Rada, incapable of accepting the responsibility for the country; the mindless corruption which had become a part of our lives; our serf worldview which expects favors from a good master. We do have enlightened minds, clean hands, and burning hearts. Nearly all of them are at the front. In general brains work better at war; life becomes more understandable and people show their true nature. Here you are valued by your deeds and not by your words; no rank, expensive equipment, or fashionable assault rifle are worth anything if the person is a craven coward. Here they fight well enough, to the extent that our GenStaff does not interfere; they consider each peace agreement the prelude to an even bigger war, and they know what needs to be done for that victory. It's different behind the front. Some are praying for the president, others curse him. While cursing, they find themselves a new icon on the blue screen, and pray to it. Behind the front, people put their hopes in the West, sanctions, and military aid. They consider all volunteers heroes, and the prominent battalion commanders Napoleons. Behind the front they don't want to fight and don't like bad news. In the battle between the truth about the war and the TV, the latter wins. When the reality of war penetrates mass consciousness, the citizens fall into cognitive dissonance with the propaganda inculcated earlier. It may end with a blind rebellion-an assault on the presidential administration, a siege of the GenStaff, the burning of the Rada, or the destruction of other foundations of the state which would only make our northern neighbor happy. The northern neighbor wants Ukraine. Putin dreams of rebuilding the USSR. The majority of Russia's population wants the same thing. Chauvinism is reaching unheard-of heights, military hysteria is growing, peaceful inhabitants of affluent Russian cities are ready to come to kill us. Putin is prepared to launch a direct aggression. The West and the US will not fight for us. Kremlin had won a convincing victory in the war of nerves against the entire civilized world: Ukraine was surrendered to Putin like Czechoslovakia to Hitler. We are losing. We are, in fact, alone, one on one with a cruel enemy. But we want to win. What is to be done? Fight in the rear areas and fight at war. Don't rebel but forcefully change the system. Change yourselves. Build a new army. Advance talented combat commanders. Develop the military-industrial complex. It's too early to give up. The struggle will be a long one...We'll talk about winning in the next article. What is to be done? What is to be done when the country is facing aggression, but no war has been declared? What to do, when the president shakes hands with the main enemy? How to fight, when GenStaff only creates obstacles, and plans defeat after defeat? What to hope for, if the West has chickened out and does not help? Where to find a fulcrum, when the majority of the country does not know and does not want to know the truth about the war? How to win? We have to admit we are at war. Don't declare war on Russia, but don't negotiate with the aggressor, in hopes for a mythical peace. One has to fight for real. The work of state agencies, the entire economy, societal life, everything has to be oriented toward victory. Victory is the achievement of the ultimate objective of the war. The objectives are understood and just: reestablishment of territorial integrity, reestablishment of the Constitution and the rule of law on the entire territory of the country, punishment of collaborators, criminals, and killers. Those are the national objectives, and not the "peace agreements" which should animate all of our ideas and deeds. One must not compromise with enemies of Ukraine, the state, and the people. The more consistent we are in pursuing our goals, the faster and with fewer casualties will our victory arrive. The West will not support us, or it will support us conditionally. NATO troops will not defend us, the US will not step in. Europe is too fat and peaceful, and is not ready to sacrifice for Ukraine. Obama is not Reagan or Bush, he is a weak president. We cannot expect military aid, serious arms supplies, or even full diplomatic support. The Old World is too dependent on Russian energy, and the US president is very afraid of the Kremlin midget with the nuclear button. We can count only on our own strength. This awareness will help us mobilize and win. The government should be up to the challenge, namely, the war. It's obvious our president is no commander-in-chief. Not a warrior. We need a Ben Gurion, who tore Israel out of centuries of non-existence, a Churchill who could mobilize the nation for a national struggle against fascism, our Vaclav Havel or Lech Walesa. We have none. (Timoshenko, Gritsenko, Lyashko, and Tyagnibok don't count). The country has no national leader, therefore all appeals for a "Third Maidan" are senseless and harmful. We'll get a pig in a poke or, worse, we'll get open traitors or marginal. Any destabilization of the country will be destructive to Ukrainian statehood, and will totally discredit the national idea. We need to influence the government. We need to insist. We need to argue. Through authoritative national representatives. Through the media. By meetings and demonstrations. Lawfully, but forcefully. Incidentally, the president is only part of the government. We are de jure a parliamentary-presidential republic. We need to demand action from our deputies. Meet with your deputies. Picket the Rada, organize meetings and demonstrations. This is a perfectly normal means of influencing the government in a civilized society. But no rebellions or coups. Unless we want to bury Ukraine. Our task is to force the president and parliament to adopt a range of important personnel and legislative decisions which will bring effective managers into positions of authority over the country's defense and untie their hands. First of all, we need to replace the military high command which has already established its inadequacy. In the army, as the saying goes, "the fish rots from the head"-all the problems, victories, and defeats are created from above. We fight in accordance with the quality of our leadership. We fight better when we ignore the leaders. It's stupid to blame soldiers and officers in their lack of preparedness, their inability to use equipment and weapons, in unwillingness to fight, in cowardice. It's stupid, because commanders are responsible for the cadre selection and for training. The soldier is only allowed to take initiative by dying in battle. The role of personality in the army and at war is very high. Military history is the history of war leaders. Everything depends on who commands. We're still yet to see any victories, and the long list of defeats is the responsibility of the president, the GenStaff chief. The Minister of Defense has the role of ensuring the logistical support of the military. The National Defense Council is an advisory institution. The Rada committee on defense has no authority whatsoever, therefore it's completely ignored. Only the president and the GenStaff chief are truly responsible for the war. To be more specific, only the president is responsible, because Muzhenko is the creature and subordinate of the president. Removing Muzhenko should be simple. The problem is in replacing him. There are officers at the front or in the GenStaff who are talented and who can lead the army to victory (Semenchenko, Melnichuk, Gritsenko, and Lyashko don't count). But will the president choose the best one, or at least one of the glorious pantheon of experienced combat commanders? What will he take into account, other than personal loyalty? The new GenStaff chief, should one appear, ought to receive a carte blanche from the president and Rada to wage the war. It means that the people, the Rada, the government, and the President will adopt the idea of preserving Ukraine as the national idea, and will entrust its implementation through military means to the new command. The new command should not have its hands tied by pseudo-piece with occupiers and bandits. The army ought not to languish on the perimeter of the occupied zone while the enemy is preparing new offensives and cauldrons. One should not merely react to attacks after the fact, but attempt to prevent them. The army ought to be constantly on the move, quickly and effectively. Plan offensive operations, destroy occupier basis and march columns as soon as they cross the borders of Ukraine. The tragedy of Debaltsevo was that after the "peace" agreement the command undertook no measures, except for unsuccessful attempts to create a "corridor". The enemy was counting on that, and carried out a regrouping which included the withdrawal of forces from other sectors of the front. At that time we could have easily liberated Pervomaysk and Gorlovka which were practically abandoned. We could have created a corridor to Debaltsevo from Krymskoye through Fruze and Stakhanov, attacking from the rear and surrounding the enemy forces near Bakhmutka. None of that was attempted. We strictly abided by the "ceasefire" while the enemy destroyed our forces at Debaltsevo... We can win, return our lands, and defend Ukraine only by attacking. It must be understood and implemented. It must become our military doctrine in the east. We must place talented commanders at the head of the army and give them real authority. We must reorganize the army and the front. We must act. We have very little time left. The enemy is mustering his forces. The real war will begin soon. J.Hawk's Comment: The Ukrainian internet is positively overflowing with the "Do Something!" genre of political analysis which, alas, tends to be rather divorced from reality. Because if eternal conflict with Novorossia and Russia is the dogma on which the post-Maidan Ukraine is founded, then any advice rendered on the basis of such assumptions is bound to belong to the realm of fantasy . This, too, is a highly unrealistic set of proposals. What, exactly, has kept Poroshenko from doing any of these things since he became president? We can safely assume nothing Kasyanov wants will come to pass. Which brings us to the next question: then what? Kasyanov comes very, very close to arguing in favor of a military dictatorship, both in his depiction of the front as the repository of Ukraine's real patriots who know how to get things done (not unlike the Frontsoldaten who would fix Germany once they came to power in the 1930s...) and in his call for the next GenStaff chief to have virtually unlimited authority. Should Poroshenko fail to deliver the hoped-for victory, might Kasyanov not place his hopes in a military strongman next? http://ift.tt/1BinWm7 Professor Faces Persecution for Supporting Novorossia 2/24/2015 They are killing me By Olga Zagulskaya Translated from Russian by J.Hawk The two weeks of persecution have had their effect. Now I am suffering from hypertension. Yet another act of psychological torture had its intended effect. When I was going to work, I was warned that the students are preparing a boycott. Young people easily agreed to attack a person who always acted on the principle "I'll give children my heart." They were set upon me by the "intelligentsia" of Miroslav Popovich, Yuriy Vinnichuk ,and Otar Dovzhenko. At least three SBU men were circling around me, which means it's not a purely student event. Journalists targeted me even earlier. In response to my sincere expression of beliefs and their sources, they titled their articles "Lvov National University professor openly supports terrorists," in other words, without any pangs of conscience they accused me of violating the Criminal Code. I asked them not to publish their materials in those issues which contain the TV guide, since my 77-year-old mother reads them, and she's ill. Why cause her the stress? But that's exactly what they did, they even published a photo of me. When my mother went to church on Sunday, they showed them those newspapers. Even during the Stalin era there was a saying that children are not responsible for their parents. But the perpetrators of the so-called "dignity revolution" don't know how to act in a humane manner. Journalists from the TV channel 24 were invited to the event, so as to make my suffering even more public. The dean called me to ask why I wasn't in class. My absence was noted and witnessed probably for the first time in the modern history of the department. I, someone who has not taken even sick leave the whole time I was at the university, am about to be fired for absenteeism. So as to avoid any legal proceedings. Only three years before retirement. At one point I felt so dizzy that I could no longer stand. I sat for a little while and went to the doctor. He performed all the necessary procedures, and now I am in treatment, possibly for a long time. All because I am not indifferent to what is happening in my Motherland and to the fates of people, because I have my own understanding of events, my own position, and which I express in public. But, as Taras Shevchenko once said: I incur punishment, I suffer, but I do not repent! J.Hawk's Comment: Olga Zagulskaya's "crime" was to criticize the Kiev authorities on her blog for the war on the people of Donbass, including naming them as the responsible party for the rocket bombardment of Mariupol. I doubt we'll see a "Je suis Zagulskaya" movement in Europe any time soon. Freedom of speech is not meant for people like her. http://ift.tt/1LLePvu Google Auto-Complete Reveals the Truth About Ukraine 2/25/2015 Google Auto-Complete Reveals the Truth About Ukraine Posted on Facebook by Baron Subbota Translated from Ukrainian by J.Hawk "Which illnesses Which illnesses make you exempt from military service Which illnesses make you exempt from ATO Which illnesses make you exempt from mobilization Which illnesses disqualify you Which illnesses classify as disabilities" J.Hawk's Comment: One has to keep in mind that the junta's support is actually very limited. The "true believers" are noisy and well organized (and now also well-armed...), but they are a tiny minority of Ukraine's population. We can already see how many Ukrainians voted with their feet to avoid being sent to fight Novorossia. Many more are "dissidents in place," waiting for an opportune moment to let their beliefs known. The example of Professor Zagulskaya shows that even in Lvov there a normal and brave people who reject fascism. http://ift.tt/1LLeMzP You lose because you're a criminal illegitimate dictatorship that has bombed Novorussia, are chasing the free press from the country, killing every voter who do not like the dictatorship, and you give your country away to US. Therefore you lose. Long live Novorussia and the partisan in Ukraine.
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