Home > News > World
Thursday February 20, 2014 MYT 6:35:01 AM
Thursday February 20, 2014 MYT 6:35:49 AM
SAN FRANCISCO (Reuters) - The Ukraine's fundamental problem is that it suffers from an economic crisis and the country should ask the International Monetary Fund for help, U.S. Treasury Secretary Jack Lew said on Wednesday.
"At the core they have an economic crisis and they are going to need to deal with it," Lew told a conference hosted by the World Affairs Council.
"And the mechanism that's best for Ukraine to deal with it would be to come to the IMF and have a package where they put in place economic reforms where they get the support that they need in exchange for the steps to fix their economy," Lew said.
(Reporting by Noel Randewich; Additional reporting by Jason Lange in Washington; Editing by Leslie Adler)
Three bridegrooms among 25 killed in Yemen rocket strike - residents
Myanmar official accuses China of meddling in rebel peace talks
EU gets tough on expelling migrants, talks to neighbours
U.S. mulls sailing near disputed South China Sea islands - Pentagon official
FBI says it disrupted activities of dozens of potential IS recruits
Suspected Saudi-led airstrike kills 13
Good value lunches with sea view
QNET-SHL matches to go on after being called off last week due to haze
Resort in Lumut makes for a great weekend getaway
Copyright © 1995-2015 Star Media Group Berhad (ROC 10894D)(Formerly known as Star Publications (Malaysia) Berhad)