Ukrainian Banking System Might Collapse
An internal letter at an American company in Kiev, Ukraine, informs the employees that they will receive their two-month salary in advance, because... there might be no way to transfer funds a few days from now. The firm's financial analysts predict that it might become impossible to transfer money within the Ukrainian banking system. The message says:
"The Ukrainian economy is experiencing unprecedented challenges, and one of them is the potential for instability in the banking system. The failure of the Ukrainian banking system is not imminent, however, risks have increased significantly in recent weeks... Should the Ukrainian system not pass these tests, it might significantly affect the ability of businesses to transfer money in the system, including making the salary payments."