Posted on 07/05/2025 6:14:46 PM PDT by ransomnote
BlackRock, a U.S. investment firm, suspended work on a multibillion-dollar Ukraine recovery fund following U.S. President Donald Trump's election victory, prompting France to work on a replacement, Bloomberg reported on July 5.
The plan nearly secured the initial support of institutions backed by the governments of Germany, Italy, and Poland, people familiar with the matter told Bloomberg.
Kyiv has sought to secure investment in Ukraine's reconstruction as Russia's war continues to destroy infrastructure across the country.
BlackRock halted its search for institutional investors in January, causing the planned funding that sought to secure $500 million from governments, development grants, and investment banks, and another $2 billion from private investors, to fall through.
The investment firm halted talks with institutional investors in January due to a lack of interest amid perceived uncertainty in Ukraine.
The fund was set to be unveiled by BlackRock at the upcoming Ukraine Recovery Conference on July 10-11 in Rome, Bloomberg reported.
A spokesperson for BlackRock said the investment firm completed advisory work for the recovery fund pro bono in 2024 and no longer has "any active mandate."
France is working on a proposal to replace the recovery fund led by BlackRock, people familiar with the matter told Bloomberg, adding that it remains uncertain how effective the plan will be without Washington's backing.
President Volodymyr Zelensky and Italian Prime Minister Giorgia Meloni are expected to attend the Ukraine Recovery Conference next week.
Despite a partial rebound from a 30% economic slump in 2022, foreign investment in Ukraine remains underwhelming.
Click here: to donate by Credit Card
Or here: to donate by PayPal
Or by mail to: Free Republic, LLC - PO Box 9771 - Fresno, CA 93794
Thank you very much and God bless you.
Blackrock didn’t get the outcome it wanted, and now the war will end. Look for another war to spring up soon and these vultures will once again appear and place a bet. If only they would push for regime change in Mexico. I’d be down for that one.
I recommend that ZEEPERS-B’-US replace Blackrock.
“ BlackRock halted its search for institutional investors in January, causing the planned funding that sought to secure $500 million from governments, development grants, and investment banks, and another $2 billion from private investors, to fall through.”
***********************************************************
Poor fools… USAID, their premier source of OTHER-PEOPLE’S-MONEY has gone with the wind.
“Blackrock didn’t get the outcome it wanted, and now the war will end.”
Hmmm, maybe a connection between the Zeepers and Blackrock - there has to be something driving them.
That BlackRock is pulling out is more proof Ukraine is a sinking ship, destined to be another Moldova.
“I recommend that ZEEPERS-B’-US replace Blackrock.”
Ha. just like they won’t go and fight, or send their kids to fight, they wouldn’t spend a cent of their own money on it. It was going to be good old Uncle sucker again, stuck with the loss when it failed. That’s why Zelensky was trying so hard to get Harris elected.
Europe/WEF is the center of the deep state now.
What regime could gain control in Mexico that wasn’t immediately co-opted or killed by the drug cartels? Thus making the change of “government” there meaningless. Will the iron grip of the cartels have to be broken like that of the Mafia was here in the US? And yet there is still a mafia here too, no?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.