The Cable

Even on Financial Front, Ukraine and Russia on Opposing Sides

This story has been updated.

As Ukraine's battle against separatists along the border with Russia intensifies, the conflict threatens to bleed the government's coffers dry. The IMF warned the government could be short $19 billion next year if fighting doesn't stop soon. Kiev could really use the money frozen in Swiss bank accounts that allegedly originated from its treasury but was allegedly stolen by the former Ukrainian president and his cronies. The only problem is that it could take years -- if ever -- to get the money back.

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Obama Hints at Legal Rationale for Airstrikes in Syria

 

This story was updated on Aug. 28, 2014. 

President Barack Obama made three things clear at a news conference on Thursday: A military strike on Islamic State fighters in Syria is not imminent; the commander in chief doesn't need Congress's permission to act; and if the United States strikes, it'll be in the nation's self-defense.

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Kerry Leading Coalition Drive to Confront Islamic State

Secretary of State John Kerry is now President Barack Obama's point man for drumming up international support to fight the Islamic State, which the administration refers to as ISIL. 

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Russian Troops in Ukraine Shape NATO's Counter to Putin

NATO's response to Russia's latest incursion into Ukrainian territory came into focus on Tuesday -- and it's forceful.

Russian tanks, troops, and artillery reportedly crossed into a previously unbreached border of eastern Ukraine on Tuesday, Aug. 26, opening a third front near the city of Novoazovsk and leading Ukrainian forces into a chaotic retreat. Western officials told the New York Times that they fear Russia is carving out a land bridge to the Crimean peninsula, which Russia annexed earlier this year.

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