Beyond the daily static, a banker and I agreed over lunch yesterday that many numbers look pretty good for Ukraine – high export prices for iron, steel and grain; IT growing at double digits; reserves at $29 billion; the EU open to migrant workers; and the hryvnia stable and strong. The wild card could be the Kremlin and its penchant for August surprises. Think August 2014. August 2008. With Best Regards Jim Brooke