Ukrainian President Volodymyr Zelensky and CEO of the US investment management company Blackrock, Larry Fink, held a video meeting on Wednesday and agreed to coordinate the reconstruction of Ukraine.
Zelensky’s office said that he and Fink “agreed to focus in the near term on coordinating the efforts of all potential investors and participants in the reconstruction of our country, channeling investment into the most relevant and impactful sectors of the Ukrainian economy.”
The World Bank estimated this month that it could cost between 500 and 600 billion euros ($525 billion-$630 billion), and the number could rise as the war drags on. Back in June, the World Bank said reconstruction would cost about 350 billion euros. Ukrainian officials have previously put the price tag for Ukraine’s “recovery plan” at $750 billion.
Zelensky mentioned his meeting with Fink in a video address on Wednesday and also announced that he would be attending the World Economic Forum meeting in Davos, Switzerland, in January.
“We are preparing to partake in the World Economic Forum in Davos. The posture and prospects of Ukraine will be presented there,” he said. It’s not clear if he will attend virtually or in person as the Ukrainian leader just made his first known trip outside of the country to visit Washington DC last week.
In October, Zelensky asked for an additional $55 billion in aid from the West to cover Ukraine’s $38 billion budget deficit for 2023. The Ukrainian leader requested the additional $17 billion to begin financing some reconstruction projects.
27 thoughts on “Zelensky, Blackrock CEO Agree to Coordinate on Ukraine’s Reconstruction”
Fox guarding the henhouse. Well, atleast he will take care of zelansky.
He already has wealth stashed away.
Yes, he does. He has a mansion in South Floridan. He also has a villa in Italy. A man of the people.
Larry Fink is a close ally to Biden, with several Blackrock operatives in the Biden White House. He’ll get all the tax money for reconstruction, is the plan.
In the summer 2021 Zelensky sold out Ukraine. He sold 10% of its farmland to China and plenty of land to Blackrock and others. Ukraine is the most corrupt country in Europe, so it’s completely certain that he took bribes for this. That sank his approval rating to 30% as people realized that he had duped them with his campaign about “fighting the oligarchs”. His main rival, who came in second in the last election, topped the polls.
So he increased the shelling of Donbass to about 100 times a day, and started amassing an invasion army. In February the shelling increased to nearly 2,000 per day before Russia finally intervened. Zelensky wanted to invade Donbass to look like a winner in the next election.
The war also gave him an excuse to imprison his rival as a war critic. He was photographed sitting down wearing a uniform with a sad expression on his face, to ridicule him. The picture was uploaded to Zelensky’s social media.
And of course, the working people (not the Davos parasites) of the NATO countries, especially the US, will pay (with their progeny indebted in perpetuity) while Blackrock collects the commissions. How generous our leaders are with our money.
Gee, wasn’t that front page news on CNN? I think not.
He is also a critic of the Russian invasion of Ukraine. Perhaps why you took no time to go after him.
“In the summer 2021 Zelensky sold out Ukraine. He sold 10% of its farmland to China and plenty of land to Blackrock and others.”
–Could you share your source for this claim?
“Ukraine is the most corrupt country in Europe”
–Ukraine is not the most corrupt, it is Russia.
According to Transparency International’s 2021 Corruption Perceptions Index, (a scale of least to most corrupt nations), Ukraine ranked 122nd out of 180 countries in 2021, the second most corrupt in Europe, with Russia the most at 136.
I tentatively believe you. But can you provide sources or links that speak to the relationship between Fink/Blackrock and the Biden White House?
Let them build them up so Russia can knock them down.
Ah, we have a Wall Street firm rebuilding Ukraine. No possible corruption here, move along now, more billions of money please.
Especially Blackrock. By the way, FED chairman Powell has $6 million invested with the firm, which has been under scrutiny for financial misadventures. From Wall Street on Parade:https://wallstreetonparade.com/2021/10/the-fed-is-subsidizing-the-money-market-funds-operated-by-larry-finks-blackrock-funds-as-blackrock-manages-a-big-part-of-jerome-powells-wealth/
“Zelensky, Blackrock CEO Agree to Coordinate on Ukraine’s Reconstruction The World Bank has estimated rebuilding Ukraine could cost between $525 and $630 billion”
Russia could appreciate the funding, but most likely refuse aid from the West!
Conflict of interest scenarios abound in this scheme as well as unlimited “opportunities” for grift, graft, and money laundering.
Sundance has some excellent summaries of this situation.
One day, an investigator with credentials and resources will look into who received personal windfall benefits that would not have been possible without the sanctions, the relationships between these individuals and companies with the Biden administration, and any undisclosed communications they exchanged.
Such an investigation should examine Biden’s actions in connection with both Ukraine and China (where the rationale of “national security” has obviously been stretched beyond credible limits.)
Private investigations are certainly needed but I have no expectation, none, nada, that an official investigation say by the repug side of the uniparty will ever take place.
The us has politicos and govt officials who are eunuchs and totally gutless enhanced by their limitless greed.
I know one guy who would love to get some dirt on Biden. But he might have a few skeletons of his own. That guy would be Donald Trump.
“Agree”. Like this wasn’t the goddam plan all along.
It’s like calling the insurance company while your house is still burning down.
No, It’s called planning. If the war stops today, they need to have a rebuilding plan because Russia surely won’t have one.
Russia has rebuilt Crimea, and is in the process of rebuilding critical infrastructure in newly annexed areas. New hospital in Mariupol, roads and bridges, create new supply chains for food and other lufe necessities. Establish banking, pay for retirements, disabled, and social service. Ecerything from vehicke registration to passports. So, the new annexed areas population is unhappy? Why not send some actual journalists to find out? Oh yes, two thst tried got slapped by sanctions for “Russian propaganda”.
There are four more regions that would happily vote to get out of the whitewashed Nazi state.
Decision for Zelenskis of this world is simple. You can either treat all of your population equally and not threaten their lives and property OR you loose the terrirltory they live on.
Simple, you do not get to exterminate people AND keep their hard earned possessions and their homeland.
Watch out Israel. This rule has your name written all over it.
I love your closing paragraphs.
Ukrainian officials have previously estimated 750 billion, 150 billion for the work, and 600 billion for various “extras” (includes, but is not limited to: beachfront properties, limousines, escort services, and other various and sundry forms of compensation).
Blackrock will rebuild Ukraine? hilarious.
remember when “the sale (by uncle sam) of iraq’s oil will finance the rebuilding of iraq (that uncle sam destroyed in the first place)”
also remember trump’s immortal words = “we will build a wall between mexico and US and mexico will pay for it! (if you only elect me)”
welcome to The New American Century
Biden to Z. This is how we intend to use our tax dollars. Does this meet with your approval? If you wish, we could embed diamonds in the lid.
Seems the West’s Global Imperialists are bound and determined to end life on earth. Maybe it’s because so many are transhumanists and expect to have the technology to transcend the physical limitations of human life a global nuclear war would end.
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