After talk of war shakes economy, Ukraine looks to U.S. for help

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After talk of war shakes economy, Ukraine looks to U.S. for help
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Ukraine’s currency has plunged in value since the troop buildup over the past few months. “The constant flow of scary predictions and warnings about Ukraine has a negative impact on our economy,” an economic executive says.

is looking at providing financial support to Ukraine beyond the half-billion dollars in development and humanitarian assistance it provided in the past year, said a spokesperson for the White House National Security Council.

The European Commission on Tuesday announced plans for a $1.35 billion assistance program to Ukraine through long-term loans, and the British government said it planned to deliver an additional $120 million in foreign aid for Kyiv. Ukraine also can draw on funds from the International Monetary Fund under a financing program agreed to last year.

The U.S. and the United Kingdom last month both ordered the families of staff members at their embassies to leave Ukraine, a move that angered officials and members of the Ukrainian parliament.

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