Free Republic

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...

Hans Braunfisch wants Americans to invest in Ukrainian startups, but there's a problem: there's no clear path for individual investors to put money into the more than 26,000 Ukrainian startups out there.The former PwC consultant plans to change that with Pravo Venture, a platform streamlining foreign investment for Ukrainian startups. Think of it like a meeting point for Ukrainian companies and U.S. investors accredited by the Securities and Exchange Commission who want to support the country with capital instead of aid.While co-heading PwC's Ukraine Taskforce, Braunfisch attempted to persuade clients to invest in Ukraine’s entrepreneurs to help its economic recovery....

Moldovan Prime Minister Natalia Gavrilita stepped down from her position on Friday citing a lack of support in the former Soviet Republic. The pro-Western government had been in power for just 18 months, during a period dominated by the Russian invasion of neighboring Ukraine. Moldova's President Maia Sandu accepted Gavrilita's resignation and said she would talk with parliamentary groups about a possible replacement. "Thank you so much for your enormous sacrifice and efforts to lead the country in a time of so many crises," Sandu wrote on Facebook. According to Moldovan and Romanian media, Sandu nominated Dorin Recean, her pro-Western...

Moldovan Prime Minister Natalia Gavrilita resigned along with her pro-European Union government Friday following intense Russian economic and political pressure. Moldova President Maia Sandu said in a Facebook post she will consult with parliamentary factions about a new government and will nominate a candidate to replace Gavrilita as Prime Minister.