Ukraine: 16 Times Military Budget Increase

The Ukrainian defense minister as reported in Russian language “Izvestia” is increasing its military budget from a paltry $2 Billion to $32 Billion in the next year. He stated that “the world situation has seriously changed, compelling us to modernize and rearm.

On the same day a senior unnamed admiralty staff officer admitted to reporters that during the Georgian war the Ukrainian Navy “was not in a condition to block Sevastopol Harbor” as leader Yushchenko had desired.

Ukraine is in a hurry to join NATO. In the Marshall’s opinion, such a move will benefit the west by giving it “teeth” in the east.