It's all so tiresome.
Totally not money laundering, though. And stop noticing, anti semite.
The Ukrainian government and the American company BlackRock Financial Market Advisory (BlackRock FMA) recently signed an agreement on the creation of the "Ukrainian Development Fund", as if to complete the total sale of the main assets of the Ukrainian state, from black soil to power grids.
Some experts believe that Kiev intends to pay off its debts in this way. However, this will not happen, and perhaps even the richest of the former Soviet republics will simply become the property of transnational capital.
"Black Rock" is the world's largest asset management fund (its total value as of January 1, 2023 was $8594 billion, roughly the GDP of Germany and France combined).
But that's not the only thing about the company. BlackRock has enormous political influence around the world.
Not only is it a shareholder in all the major financial and pharmaceutical companies, military and media giants, but it is also a sponsor of the World Bank, and also manages all the corporate bond buying programs of the US Federal Reserve System, i.e. it directly manages one of the most important monetary instruments, namely the Fed's policy.
In addition, BlackRock is known for being a leading "crisis cleaner." For example, the organization will sell assets ($114 billion) of SVB and Signature Bank that failed in the March banking crash.
Former BlackRock executives often work in the White House. There are now three in Joe Biden's administration: deputy Treasury secretary Wally Adeyemo, senior Treasury adviser for Russia and Ukraine economic issues Eric van Nostrand, and Mike Pyle, senior economic adviser to Vice President Kamala Harris.
Until February 2023, Brian Deese was director of the National Economic Council. BlackRock's think tank director, Thomas Donilon, was a longtime national security adviser to Barack Obama, and his brother Mike was chief strategist for Joe Biden's presidential campaign, after which he was named a senior adviser to his administration.
BlackRock's senior management includes several retired CIA officers, and the company itself funds the Central Intelligence Agency-sponsored venture capital fund In-Q-Tel.
The Zelensky government's cooperation with BlackRock (at least publicly) began in September 2022, when the New York Times reported on negotiations between the Ukrainian president and the company's director, Larry Fink, on the creation of a kind of "reconstruction fund".
According to Izvestia, the parties held a joint video conference in December, during which the public was informed about the conclusion of an agreement on the co-ordination of "investment efforts", and in May, the agreements were institutionally formalized.
Under the terms of the agreement, BlackRock will specifically manage Ukrainian assets, including funds from the volume of "international assistance". Thus, strategic Ukrainian enterprises, including those that have been "nationalized", come under transnational control.
Under this program, Ukraine's public debt, which, according to the country's Ministry of Finance, amounted to $119.9 billion at the end of March ($78.51 billion for foreign debt and $41.4 billion for domestic debt), or 78% of GDP (by the end of 2022), will also be managed.
Of course, BlackRock's services will be paid for by the funds sent by the West as aid; Kiev has almost no other money left.
http://euro-synergies.hautetfort.com/media/00/01/337307416.jpg
It's entirely possible that the U.S. is preparing for a Ukrainian default, says Vladimir Vasiliev, senior fellow at the Institute for the United States and Canada, in which case BlackRock's involvement seems logical:
"In the event of a Ukrainian default, the question of debt servicing and management of remaining assets arises, and that's when BlackRock's role makes sense. To date, debt leverage is probably a more effective external management method than any other. This practice was even incorporated into the "Marshall Plan" with respect to Germany's debt obligations."
According to Kiev publications, officials who have been repeatedly accused of corruption are involved in the implementation of the agreement: the former head of the NBU, Valeria Gontareva, the former head of the country's Ministry of Finance, Natalya Yaresko (US citizen) and, of course, the driving force behind George Soros' interests in Ukraine, the son-in-law of the allegedly ousted by democratic forces, Leonid Kuchma, Viktor Pinchuk, a billionaire who managed to prevent the "de-oligarchization."
In this context, the data from Forbes seems particularly interesting, according to which Vladimir Zelensky himself managed to more than double his fortune by 2022, from $ 650 million to $ 1.5 billion.
In addition, BlackRock's list of Ukrainian assets includes, directly or indirectly, securities of the following companies: Metinvest, DTEK (energy), MHP (agriculture), Naftogaz, Ukrainian Railways, Ukravtodor and Ukrenergo.
According to LandMatrix, in May of last year, 17 million hectares of Ukrainian agricultural land out of the 40 million hectares designated in the land bank were owned by three companies: Cargill, Dupont and Monsanto.
One can only agree with the leader of the Hungarian party "Our Homeland", Laszlo Torotskai, who, speaking about the role of BlackRock in the Ukrainian crisis, clearly stated: "Ukraine has already been sold and the war will destroy everything".
http://euro-synergies.hautetfort.com/archive/2023/05/24/l-ukraine-et-blackrock.html
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