Wednesday, March 4, 2015
FAIRFIELD-SUISUN, CALIFORNIA
99 CENTS

Q&A: Who is Ukraine’s new president?

By
From page A14 | June 08, 2014 |

KIEV, Ukraine — More than three months after Ukraine’s president fled to Russia in the wake of months of street protests, Petro Poroshenko was sworn in Saturday as the troubled country’s new president. The billionaire, widely called “the Chocolate King” because his fortune is rooted in the candy business, faces huge challenges posed by the violent insurgency in Ukraine’s east and the country’s stumbling, corruption-plagued economy. A look at Poroshenko and what’s ahead for him:

WHO IS THE CHOCOLATE KING?

The 48-year-old, who is estimated by Forbes magazine to be worth $1.6 billion, started his rise by importing cocoa beans into the Soviet Union in 1991. The project ballooned into the immensely popular candy manufacturer Roshen, the foundation of a business empire that now includes ship-building and one of the country’s most influential TV stations.

Unlike many other Ukrainian billionaires, Poroshenko did not make his money in murky post-Soviet privatizations, boosting his reputation as a “good tycoon.”

WHAT ARE HIS POLITICS?

Poroshenko began his political career in 1998 as a lawmaker in a Russia-friendly party and went on in 2001 to help found Party of Regions, the political engine behind ousted president Viktor Yanukovych. But in 2004 he threw his weight behind the Orange Revolution protests that arose after fraud-plagued presidential elections.

He served as head of national security for a few months, but stepped down after months of feuding with the prime minister and allegations of improperly trying to help one of Ukraine’s major tycoons. He later returned to serve as foreign minister, and briefly as economics minister after Yanukovych came to power in 2010. He catapulted back into the public eye by allying himself early and openly with the anti-Yanukovych protest movement that broke out in late November 2013.

Supporters regard his moving among factions as a sign of pragmatism amid Ukraine’s highly polarized politics. Poroshenko allied with a potential rival, former boxing champion Vitali Klitschko, endorsing him for Kiev mayor as Klitschko endorsed Poroshenko for president.

Poroshenko supports signing an association agreement with the European Union, but has spoken against holding a vote on whether Ukraine should seek NATO membership. He says it’s important to mend ties with Russia quickly; relations with Moscow should be equal and should not undermine Ukrainians’ desire for closer ties with the European Union, he says.

WHAT WILL HE DO NEXT?

Poroshenko faces a growing pro-Russian uprising in the east of the country, where officials say more than 200 people have been killed in clashes between insurgents and Ukrainian forces.

Moments after being sworn in, Poroshenko called on armed groups to lay down their weapons and offered amnesty to “those who do not have blood on their hands. ” He also promised dialogue with citizens in the east, but not with the insurgents who have declared two regions to be independent “peoples’ republics.”

Ukraine’s cash-strapped government, desperate to receive the full $17 billion loan package promised by the International Monetary Fund, will have to undertake serious reforms early in Poroshenko’s tenure as president.

Poroshenko also faces a major hurdle in encouraging lawmakers in parliament to agree to hold elections this year instead of in 2017 as scheduled. If he fails, he could face the same challenges as the Orange Revolution government, which took two years to hold parliamentary elections and soon became bogged down by infighting.

 

The Associated Press

The Associated Press

LEAVE A COMMENT

Discussion | No comments

The Daily Republic does not necessarily condone the comments here, nor does it review every post. Read our full policy

  • Recent Articles

  • Enter your email address to subscribe and receive notifications of new posts by email.

  • .

    US / World

     
    Netanyahu assails Iran deal, touts US-Israel ties

    By The Associated Press | From Page: B2 | Gallery

     
    ‘Naty’ Revuelta, who had daughter with Fidel Castro, dies

    By The Associated Press | From Page: B2

     
    UN warns against complacency as Ebola fight enters new phase

    By The Associated Press | From Page: B2

    Iraq launches operation to retake Tikrit from Islamic State

    By The Associated Press | From Page: B2

     
    Woman with slain Putin critic says she didn’t see his killer

    By The Associated Press | From Page: B2

    Storms bring up nearly 3 feet of snow to Lake Tahoe

    By The Associated Press | From Page: B2

     
    4 people killed, 4 others injured in California car crash

    By The Associated Press | From Page: B2

     
    Federal study: Foster kids struggle to get health screenings

    By The Associated Press | From Page: B2

     
    Mom convicted of killing son, 5, by poisoning him with salt

    By The Associated Press | From Page: B2

    Well-liked photo teacher found dead in California classroom

    By The Associated Press | From Page: B2

     
    Budget standoff leaves California college hopefuls in limbo

    By The Associated Press | From Page: B2

     
    Police chief: Man killed on Skid Row reached for gun

    By The Associated Press | From Page: B2, 2 Comments | Gallery

    Military judge orders overseer of Gitmo cases replaced

    By The Associated Press | From Page: B2

     
    Snowy Boston starts removing parking-space savers

    By The Associated Press | From Page: B2 | Gallery

     
    .

    Opinion

    Israelis worry about inequality, not Iran

    By Daniel Gordis | From Page: A11, 2 Comments

     
    Editorial cartoon: March 3-4, 2015

    By Daily Republic Syndicated Content | From Page: A11

    Minority outreach that works

    By Jennifer Rubin | From Page: A11, 1 Comment

     
    .

    Living

    .

    Entertainment

    Sara Gilbert welcomes baby boy with wife Linda Perry

    By The Associated Press | From Page: B3

     
    Judge: CeeLo Green in compliance with probation in drug case

    By The Associated Press | From Page: B3

     
    Clive Owen to make Broadway debut in Pinter’s ‘Old Times’

    By The Associated Press | From Page: B3

     
    Television’s ‘Judge Judy’ staying in session

    By The Associated Press | From Page: B3

    Pop channel bringing Daytime Emmys ceremony back to TV

    By The Associated Press | From Page: B3

     
    Julianne and Derek Hough to hit the road again this summer

    By The Associated Press | From Page: B3 | Gallery

    Ming-Na Wen: ‘S.H.I.E.L.D.’ role makes me a cool mom

    By The Associated Press | From Page: B3

     
    TVGrid March 3

    By Daily Republic Syndicated Content | From Page: B11

    .

    Sports

    NASCAR falls flat in follow-up to Daytona 500

    By The Associated Press | From Page: B1

     
    Mayweather and Pacquiao to meet only once before fight week

    By The Associated Press | From Page: B1

    Michael Schumacher’s son to drive in Formula 4

    By The Associated Press | From Page: B1

     
    UConn still No. 1 in women’s basketball poll

    By The Associated Press | From Page: B1

    Kurt Busch to follow guidelines toward NASCAR reinstatement

    By The Associated Press | From Page: B1

     
    Harrington wins the Honda Classic in a playoff

    By The Associated Press | From Page: B1 | Gallery

     
    Curt Schilling fires back after offensive Twitter posts

    By The Associated Press | From Page: B1

    Wild week leads to changes across AP Top 25 poll

    By The Associated Press | From Page: B1

     
    New Browns QB McCown barely knows Manziel

    By The Associated Press | From Page: B1

    Jordan, other NBA owners join Forbes’ billionaire list

    By The Associated Press | From Page: B1

     
    NFL salary cap increases $10 million to top $143 million

    By The Associated Press | From Page: B1

    A’s switch-pitcher hopes to find spot with Oakland

    By The Associated Press | From Page: B1 | Gallery

     
    Sharks trade Desjardins to Blackhawks for Smith

    By The Associated Press | From Page: B1 | Gallery

    .

    Business

    Buffett declines to clarify plan to eventually replace him

    By The Associated Press | From Page: B4

     
    US consumer spending, adjusted for inflation, rose in Jan.

    By The Associated Press | From Page: B4

    Ikea launches furniture with inbuilt wireless chargers

    By The Associated Press | From Page: B4

     
    Minimum wage in 1 Oakland jumps

    By The Associated Press | From Page: B4

     
    PayPal to acquire mobile wallet provider Paydient

    By The Associated Press | From Page: B4

    Costco strikes credit card deal with Citi, Visa

    By The Associated Press | From Page: B4, 2 Comments

     
    Bill Gates repeats at top of Forbes’ list of billionaires

    By The Associated Press | From Page: B4 | Gallery

    HP’s big deal: Tech giant buys Aruba Networks for $2.7B

    By The Associated Press | From Page: B4

     
    Dot-com deja vu: Nasdaq tops 5,000, approaching record high

    By The Associated Press | From Page: B4

     
    .

    Obituaries

    .

    Comics

    Wizard of Id March 3

    By Daily Republic Syndicated Content | From Page: B4

     
    Peanuts March 3

    By Daily Republic Syndicated Content | From Page: B4

    Baby Blues March 3

    By Daily Republic Syndicated Content | From Page: B4

     
    Baldo March 3

    By Daily Republic Syndicated Content | From Page: B4

    Garfield March 3

    By Daily Republic Syndicated Content | From Page: B4

     
    Get Fuzzy March 3

    By Daily Republic Syndicated Content | From Page: B4

    Cryptoquote March 3

    By Daily Republic Syndicated Content | From Page: B5

     
    Frank and Ernest March 3

    By Daily Republic Syndicated Content | From Page: B4

    Word Sleuth March 3

    By Daily Republic Syndicated Content | From Page: B5

     
    Bridge March 3

    By Daily Republic Syndicated Content | From Page: B5

    Dilbert March 3

    By Daily Republic Syndicated Content | From Page: B4

     
    Beetle Bailey March 3

    By Daily Republic Syndicated Content | From Page: B4

    Blondie March 3

    By Daily Republic Syndicated Content | From Page: B4

     
    For Better or Worse March 3

    By Daily Republic Syndicated Content | From Page: B4

    Pickles March 3

    By Daily Republic Syndicated Content | From Page: B4

     
    Crossword March 3

    By Daily Republic Syndicated Content | From Page: B5

    B.C. March 3

    By Daily Republic Syndicated Content | From Page: B4

     
    Rose is Rose March 3

    By Daily Republic Syndicated Content | From Page: B4

    Sudoku March 3

    By Daily Republic Syndicated Content | From Page: B5

     
    Zits March 3

    By Daily Republic Syndicated Content | From Page: B4

    Sally Forth March 3

    By Daily Republic Syndicated Content | From Page: B4