US Senate Drops IMF Reforms From Ukraine Aid
Democrats were forced to give in to House Republicans' IMF demands in order to get approval for the Ukraine aid package.
Via AFP:
US Senate Democrats bowed to Republican demands that reforms sought by the IMF be removed from a Ukraine aid package, acknowledging it could not pass with such measures intact.
Lawmakers have spent weeks debating assistance to Kiev's new government and sanctions on Moscow over its Crimea aggression.
While there was broad agreement on offering $1 billion in loan guarantees to Ukraine and imposing some sanctions on Russia, it became clear that a bill which also included the International Monetary Fund changes that are strongly opposed by many Republicans would stall in the Republican-led...