The under-formation Bank for Reconstruction of Ukraine will be run by BlackRock (the world's largest investment portfolio company) and banking giant JPMorgan
by Kyra Adam
Part 3 - $411 billion is needed
World Bank's first estimations indicate that Ukraine would immediately need $411 billion for its reconstruction if the war were to stop now.
It goes without saying that if the parties involved show no inclination for a compromising peaceful solution, the disaster in Ukraine will be magnified, since the inflated hopes of a heavy "Ukrainian counterattack" have neither been confirmed nor are about to be seen. And this means that the longer war and destruction persist, the more the profit-making plans for destruction and reconstruction from scratch will increase ... with interest.
European countries and those with the weakest budgets, such as Greece, cannot expect anything positive if their rich partners decide to contribute to the "privatization of Ukraine by drawing resources from the Union budget", which means allocating lower funds to the now weak Union countries.
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