10 things you need to know today: February 12, 2015

Putin speaks to reporters.
(Image credit: (AP Photo/Alexander Zemlianichenko, pool))

1. Negotiators reach Ukraine cease-fire deal

Leaders from Russia, Ukraine, France, and Germany on Thursday announced a new deal on ending the fighting in eastern Ukraine. The agreement, reached in all-night negotiations, calls for starting a cease-fire between Ukraine and pro-Russian separatists on Saturday, Feb. 15, then withdrawing heavy weapons. Russian President Vladimir Putin said all sides agreed "on the main issues," suggesting differences remained. The deal came as the IMF announced a $17 billion emergency bailout for Ukraine, which is on the verge of default.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.