- Crisis in Ukraine is set to take the country spiraling downwards as the last minute talks it hosted to strike a deal with Russia over gas prices failed. Russia will now cut the gas supplies to Ukraine compounding the already heightened crisis after the clashes in its eastern provinces.
- Rebels also seized the central bank in the rebel-stronghold city of Donetsk in an attempt to control the region’s assets.
- It is also believed that Ukraine is stocking up its gas storage tanks and that no disruptions to Europe, 15% of whose energy is shipped via Ukraine, is likely until the winter heating sessions begin.
- Read at:http://www.thehindu.com/todays-paper/tp-international/kiev-russia-cuts-gas-flow/article6121390.ece
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