The self-proclaimed People’s Republics of Donetsk and Lugansk have come up with their own proposals to stabilize situation in south-eastern Ukraine, which include temporary ceasefire, 50km demilitarized zone, flight bans for Kiev and OSCE monitoring.
The first and foremost step should be the announcement of a temporary ceasefire by both Ukrainian military and the self-defense forces starting from 15:00 local time (12:00GMT) on September 5, the Donetsk and Lugansk representatives told Interfax news agency.
The leadership of the two republics proposed to “carry out international control of the implementation of the terms of the ceasefire and monitoring of the situation under the authority of the OSCE (Organization for Security and Co-operation in Europe).”
Read the full story at: www.rt.com / link to original article
Mish / Mike Shedlock – Argentina To Circumvent US Supreme Court Bond Ruling Via French Banks; Comments On “Vulture” Funds – 4 September 2014
Here is the background …
Argentina defaulted on bonds following a debt crisis in 2001-2002. 92% of the investors agreed to haircuts, but an alleged “vulture fund” picked up an 8% share at rock bottom prices and refused to negotiate.
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