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"So many of today's long-term challenges are best addressed through blended finance and this is one. You need these vehicles to mobilise capital at scale."Though BlackRock and JPMorgan are offering their services, they will likely have the first look at potential investments in the Eastern European country. The report noted that the current development has only deepened JPMorgan's relationship with its long-standing client, Ukraine. The financial institution has helped Ukraine raise more than $25 billion in sovereign debt since 2010, and it led in the country's $20 billion debt reconstruction in 2022.
EU businesses have lost at least €250 billion ($266.6 billion) due to the sweeping sanctions imposed on Moscow, Russian Foreign Minister Sergey Lavrov stated on Wednesday.
According to the top diplomat, these are "very conservative estimates" of the damage that the West has inflicted on its own businesses over the past year-and-a-half by introducing unilateral sanctions.
Russia-EU trade turnover totaled $200 billion in 2022 and is expected to drop to less than $100 billion by the end of 2023, according to the Foreign Ministry.
The latest ministry estimates show that mutual trade between Russia and EU member states, which totaled $417 billion in 2013, could have reached $700 billion this year were it not for the sanctions.
Speaking at a Ukraine-related meeting with the heads of diplomatic missions in Moscow, Lavrov said that, while the EU shows no sign of reversing its policies, Russia is creating independent trade mechanisms.
Lavrov stressed that Russia will rely "exclusively" on itself in strategic areas. According to Lavrov, the country is now building up new transport corridors and supply chains that will be "beyond the control of malicious influence" from the West.
Thus far, the EU has introduced 11 sanctions packages against Russia over its military operation in Ukraine. The number of restrictions has reached tens of thousands, although officials in the EU and US have repeatedly admitted that the negative impact of the penalties on Russia has not been as significant as expected.
"We must decide that now is the time of defense, the time of battle, on which the fate of the state and people depends. I believe that now is not the time for elections, but for Ukraine to stay united."Ukraine's foreign minister, Dmitry Kuleba, said last week that Zelensky was "weighing" whether to hold a presidential election in 2024. Kuleba noted that such a vote would be difficult to organize, with millions of Ukrainians out of the country due to the conflict with Russia, and hundreds of thousands fighting on the front lines.
On February 24, 2022, Ukrainian President Volodymyr Zelensky issued Decree No. 64/2022 on the Introduction of Martial Law in the entire territory of Ukraine.See also: 'We have to make peace' - ex-Zelensky aide
The legal basis for the introduction of martial law in Ukraine is the Constitution of Ukraine, the Law of Ukraine "On the legal status of martial law" (No. 389-VIII from May 12, 2015) and presidential decrees about the introduction of martial law. Modern-day martial law has been introduced two times in Ukraine.
The Constitution of Ukraine allows for some specific restrictions on rights and freedoms when the state of martial law is in effect. The Constitution explicitly extends the five-year authority of Verkhovna Rada in the state of martial law until the first meeting of the Verkhovna Rada of Ukraine of next convocation, elected after the cancellation of the state of martial law. Some say it implies that the Ukrainian constitution does not allow to hold elections to Verkhovna Rada while martial law is in effect.
- Library of Congress
"Consider that ProPublica is often characterized as a nonprofit 'watchdog' rather than as a partisan group by left-leaning and 'mainstream' publications, if it's characterized at all. Contrast that with these same publications' treatment of conservative groups as biased, partisan, or ideologically motivated. That's a credibility it doesn't deserve."When it's not giving softball interviews to President Biden, ProPublica is busy leading Democrats' smear campaign against Supreme Court justices who dare to uphold the U.S. Constitution. Throughout the past year, ProPublica has published numerous hit pieces against Clarence Thomas and Samuel Alito attempting to make it appear as if the high court's most conservative justices committed ethics violations while serving on the bench (they didn't). Other left-wing outlets have joined ProPublica in this endeavor, with Politico publishing a hit job targeting Justice Neil Gorsuch.
"It is very simple. Basically, we are looking at a sovereign default. Governments are pushed to the limit at this stage. You even had Fed Head Jay Powell come out last week and say 'the spending is unsustainable.' The Biden Administration is a complete corrupt absolute disaster. It's not really Biden . . . he's just there to sign whatever they stick in front of him."
Comment: Zelensky to complete the downfall of Ukraine by 'selling-out' to mercenary funders.