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...Ukraine's President Victor Yushchenko prepares to visit Moscow on Tuesday, Russia's energy giant Gazprom has delivered a nasty welcome for a leader not beloved by the Kremlin. Gazprom late Thursday issued an ultimatum over new Ukrainian gas debts arising from a price hike, warning that it had instructed its services to turn off gas supplies to Ukraine by noon on Monday - the day before Yuschenko flies in - unless it is paid $1.5 billion...

Author: /time Magazine | Title: A Gas Ultimatum for Ukraine | 2/8/2008 | See Source »

...Kremlin could also be seeking to deepen existing divisions in Ukraine's anti-Moscow ruling coalition between Yushchenko and Premier Yuliya Tymoshenko. The two politicians who have waged a four-year struggle for leadership of the coalition take different positions on the gas issue: Tymoshenko demands that Ukraine raise transit prices for Russian gas and dump Rosukrenergo as a supplier. The latter campaign received a vigorous boost, late last month, when alleged crime boss Semyen Mogilevich, wanted by the U.S. on fraud and extortion charges, and long suspected of owning Rosukrenergo, was arrested in Moscow. Tymoshenko insists that Mogilevich stands...

Author: /time Magazine | Title: A Gas Ultimatum for Ukraine | 2/8/2008 | See Source »

...Within days of Mogilevich's arrest, Ukraine's National Security and Defense Council (NSDC) ruled on February 1 that Ukraine's own national oil and gas company should be put back in control of the gas pipeline. But Yushchenko has yet to issue a presidential decree on the matter, and he accuses Tymoshenko of provoking Gazprom's backlash and pursuing her own interests. "Politics are being thrown big way into the Ukrainian gas market, I'm afraid," he told 1+1 Ukrainian TV station Thursday. "These politics bring along corporate interests...

Author: /time Magazine | Title: A Gas Ultimatum for Ukraine | 2/8/2008 | See Source »

...Part of that inner-Orange rift could stem from Tymoshenko's previous agreement to cede the Speakership of the Verkhovna Rada, Ukraine's unicameral parliament, to Yushchenko's forces. Now, however, with former Speaker Volodymir Lytvyn's bloc having made it back into parliament, Tymoshenko might co-opt his tiny faction as a makeweight, and give him the speakership as a "balancing" force. However, with their dramatic neck-to-neck racing, Yanukovych still retains a chance to get ahead of Tymoshenko and finish first. In this case, though, "makeweights" of the Lytvyn block and the Communist party who is also...

Author: /time Magazine | Title: Ukraine Votes for Change | 10/1/2007 | See Source »

...Since they lost the presidency to Yushchenko in December 2004, Yanukovych and PR have often threatened get it back through an early presidential election. But now the specter of such an election arises instead from an unexpected corner: that of the ever-ambitious Tymoshenko feeling that she would surely carry it in the runoff. Fighting for the presidency - and restoring the functions it was forced to cede to the Rada in 2005 - might prove more alluring to her than holding a premiership stripped of control over key positions and issues...

Author: /time Magazine | Title: Ukraine Votes for Change | 10/1/2007 | See Source »

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