The IMF is going to give Ukraine another loan but only if Ukraine tells every pensioner in the country that if they freeze to death next winter that’s on them. Ukraine will default on that one too.

📉 👀

Last week, Fitch Ratings affirmed Ukraine’s assessment as ‘Restricted Default,’ saying that creditworthiness score will remain in place until the country “has normalized its relations with a significant majority of external commercial creditors.”

• https://en.wikipedia.org/wiki/List_of_countries_by_credit_rating#Fitch
• https://www.fitchratings.com/products/rating-definitions

Looks like the table has been updated to “RD” at Wikipedia, but not the map.