At the beginning of the war, Ukraine resorted to having the central bank print new money, a dangerous stopgap because it can fuel inflation and destroy the value of the country's hryvnia currency. As donor contributions became more regular and predictable, Ukraine was able to halt the practic...
Ukraine’s central bank iscracking down on digital money transfers, as Russian forces lay siege across the country. The National Bank of Ukraine has ordered electronic money (e-money) issuers to suspend the issuance of e-money and the replenishment of electronic wallets with e-money....
Shalanda Young is the director of the United States Office of Management and Budget. She sent an open letter to the leaders of the U.S. Senate and House of Representatives. Young said if the current budget measure is rejected, U.S. military aid to Ukraine would be gone by the end of ...
Ukraine is desperate for a financial bailout after months of conflict in the former Soviet state, and the West seems eager to hand over the funds. But a lot of that cash could end up going to Ukraine’s chief antagonist: Russia. “That money could very well indirectly make it toward Rus...
The United States has committed three times more money for Ukraine than the entire 27-nation European Union combined, according to the New York Times. Waltz noted Britain’s contributions to the war effort by sending billions in weapons. The British government has been one of the few in ...
A third option would be to use the money as a kind of collateral that would enable the Ukrainian government to take out loans to rebuild its infrastructure or create assistance funds. Ukraine says it can't wait much longer Tuning Russian bank assets into aid might not happen quickly enough ...
"Most of my constituents do not wish to have their money sent to Ukraine, especially not without oversight or an audit." On the other hand, Senate Minority Leader Mitch McConnell, R-Ky., said most Republicans agree that sending assistance to Ukraine in the country's fight with...
UAE Stocks Slip Amid Fresh Escalation in Russia-Ukraine TensionsNov. 22MT UAE's Masdar, China's Silk Road Fund Partner for Renewable Energy InvestmentsNov. 22MT UAE Central Bank Suspends Al Razouki Exchange Over Anti-money Laundering LapsesNov. 22MT ...
Congress has the “power of the purse”, making it impossible under the US Constitution for Biden to appropriate new money for Ukraine on his own. He can draw down existing US stockpiles, but those weapons are running short and many are needed for other contingencies. ...
Ukraine’s allies and western businesses will be told to stop flow of critical components Save Wednesday, 10 April, 2024 US presidential election 2024 Trump megadonor John Paulson warns against ‘decoupling’ from China Hedge fund billionaire is considered possible pick for Treasury secretary Save...