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Who Really Profits from The Ukraine War?
Few people understand what the war in Ukraine means for big business—namely, opportunity. It’s not just the weapons and reconstruction contracts. Ukraine’s vast agricultural lands—among the most fertile in the world—are up for grabs, and American companies like BlackRock are at the front of the line. RFK Jr. Deftly and clearly explains.
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JP Morgan and BlackRock — From Financiers of Destruction to Half-Trillion Dollar ‘Heroes’ of Reconstruction – The Hypocrisy of Reconstruction of Ukraine by the Same Corporations that Profited from the War
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JP Morgan and BlackRock, along with consultancy McKinsey & Company, are collaborating with the Ukrainian government to establish a reconstruction fund. The objective of this fund is to attract significant investments for the country’s reconstruction, which could cost between $400 billion and $1 trillion, depending on estimates. This fund, known as the Fund for the Development of Ukraine, will use a “blended finance” approach to mobilize both public and private capital, targeting priority sectors such as infrastructure, climate and agriculture.
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BlackRock and JP Morgan offered their services pro bono to manage this fund, leveraging their expertise in financial markets and debt management. The intention is that this fund can begin to operate fully once the war ends, although planning is already underway and has been discussed at recent international conferences.
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The recent partnership between JP Morgan, BlackRock and McKinsey & Company to rebuild Ukraine highlights the bitter irony of the current geopolitical situation. In a deal that aims to raise hundreds of billions of dollars for the reconstruction of war-torn Ukraine, these American financial giants now position themselves as the economic saviors of a country whose destruction, in part, was facilitated by policies and actions in financial markets that they themselves dominated and shaped.
Source: https://www.theburningplatform.com/2024/11/16/who-really-profits-from-the-ukraine-war/
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