How Western Aid to Ukraine Will End Up in MoscowPosted: March 13, 2014
Peter Schweizer reports: With both the United States and the European Union committing tens of billions of dollars in aid to the Ukraine, it appears that much of that money will actually end up in Russia, according to analysts.
The reason? A large chunk of those aid dollars will go to paying for fuel, which Ukraine buys from Moscow. And with Ukraine rich with aid dollars, analysts expect Moscow to jack up the price of energy substantially. Ukraine is heavily dependent on Russian energy, meaning the more western aid that flows to Kiev, the higher Moscow can inflate the price it charges, knowing that western dollars will subsidize paying the higher costs.
“The possibility of this is quite high,” Mikhail Korchemkin, director of U.S.-based firm East European Gas Analysis, told the Moscow Times.