The Ukraine war is a war that should never have happened; who’s keeping it going and why?

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 saviours of a country whose destruction, in part, was facilitated by policies and actions in financial markets that they themselves dominated and shaped.

The recent partnership between JP Morgan, BlackRock and McKinsey & Company to rebuild Ukraine highlights the bitter irony of the current geopolitical situation.

JP Morgan and BlackRock, along with consultancy McKinsey & Company, are collaborating with the Ukrainian government to establish a reconstruction fund.

BlackRock, in turn, as the largest asset manager in the world, has stakes in practically all major defence companies, which profit directly from the manufacture of weapons used in conflicts such as Ukraine.

The irony becomes even more evident when we consider that many of the same financial institutions now being called upon to rebuild Ukraine are those that have profited immensely from armed conflicts and the destabilisation of global markets.

BlackRock and JP Morgan offered their services pro bono to manage this fund, leveraging their expertise in financial markets and debt management.

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. Robert F.

This fund, known as the Fund for the Development of Ukraine, will use a “blended finance” approach to mobilise both public and private capital, targeting priority sectors such as infrastructure, climate and agriculture.

JP Morgan and BlackRock are entities deeply rooted in the global financial system, and both have a history of financing military industries and governments that perpetuate conflict.

The reconstruction of Ukraine, costing up to a trillion dollars, presents a lucrative opportunity for these companies, which are now seen as saviours. 

https://expose-news.com/2024/11/21/whos-keeping-the-ukraine-war-going-and-why/