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Ukraine pleads for $35B in aid after ousting president

Ukraine says it needs $35B in foreign aid over the next two years and has called for a donor's conference that will involve the EU, the U.S. and the IMF. The plea for a bailout comes after parliament ousted President Viktor Yanukovych over the weekend. A warrant has been put out for Yanukovych's arrest for "mass murder" after he fled the capital before his removal, which came after a week of violence left dozens dead. Acting President Oleksandr Turchinov said yesterday that Ukraine was close to default, with the economy...

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Published By: Market News| Seeking Alpha - Monday, 24 February, 2014