Report from a Kiev friend I saw in London yesterday:
- In Ukrainian banks not only are time deposits blocked from early withdrawal, many current-account deposits are blocked as well.
- Many ATM machines no longer dispense money.
- Real estate development-site prices have dropped by more than 50%.
- "Contemporary art hasn't taken off in Ukraine. The only people who go to Pinchuk Museum openings are the people who benefit from his money, or who would like to."
Also: IMF ready to help stabilise Ukraine (FT). UPDATE: similar goings-on in Moscow (Larussophobe).