bne_newspaper_December_15_2017
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Content:
2 Top Stories
4 The Regions This Week 8 Chart
9 Central Europe
11 Southeast Europe 13 Eastern Europe 15 Eurasia
17 Opinion
21 Lists24 Lists
December 15, 2017 www.intellinews.com
US signs off on delivery of lethal defensive weapons for Ukraine
bne IntelliNews
The administration of US President Donald Trump has signed off on the first delivery of lethal de- fensive weapons to Ukraine as part of $350mn in military aid earmarked for Ukraine.
“All the hysteria generated by the Western estab- lishment media, as well as the Ukrainian mass
Lira plunges as Turkey’s central bank opts only for small rate hike
bne IntelliNews
Turkey’s central bank announced it was only rais- ing the highest of its four interest rates by 50 basis points on December 14, despite the country’s over- heating economy, causing the Turkish lira (TRY) to give up much of the ground it has recovered lately.
The appearance of US lethal defensive weapons in the conflict zone raises the risk of Russia responding with escalated military aggression in Donbas.
media, about a Trump presidency being the end of US support for Ukraine has proven hollow,” said Zenon Zawada, an analyst with Concorde Capital. “Not only has Trump maintained all the meas- ures imposed by his predecessor against Russia,
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Turkey’s business districts (pictured is Istanbul’s Levent) are contending with an economy that shows every sign of needing substantial monetary tightening, but perhaps for political reasons isn’t getting it.
rate to 12.75% from 12.25% despite being under enormous pressure to raise by at least 100 basis points, given the pressure on the TRY and double-digit inflation running at a 14-year high.
The national lender lifted its late liquidity window
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