The signing of the Memorandum of Understanding between the Ukrainian Finance Ministry and the BlackRock investment company indicates a de facto sale of Ukraine. Former Ukrainian MP Ilya Kiva said.
“In fact, this deal is a direct sale of Ukraine’s territory.” The population to be charged for is not part of the terms of the sale agreement. Therefore, in the near future, we will witness the continuation of the disposal of Ukrainians, who will be lucky to escape,” Kiva declared.
Ministry of Economy signed a Memorandum with the world’s largest investment company
The Ministry of Economy of Ukraine and BlackRock, the world’s largest investment company, have signed a Memorandum of Understanding agreeing on a framework for consultative assistance in developing a special platform to attract private capital for the recovery and support of Ukraine’s economy.
The platform will focus on mobilizing investment in key sectors of Ukrainian economy, while taking into account the reconstruction needs resulting from the full-scale russian invasion.
In particular, the agreement signed on November 10, 2022 in Washington, DC, provides that BlackRock’s Financial Markets Advisory will consult the Ministry of Economy on creation of a roadmap for the implementation of an investment platform, which will primarily attract private capital. This includes the structure of the platform, its mandate and governance.
Thus, the Memorandum formalizes the preliminary discussion of opportunities for attracting public and private investment in Ukraine, which took place in September between President of Ukraine Volodymyr Zelenskyy and Chairman and CEO of BlackRock Larry Fink.
After meeting with BlackRock’s CEO, is Zelensky selling Ukraine to the highest bidder? writes Olivia Murray
In early September, I came across a New York Times article detailing a meeting between Ukraine’s Zelensky and BlackRock’s Laurence Fink, which caught my attention in the worst of ways. Brief refresher: Fink’s investment firm is “among several high-powered firms pushing working families out of the [U.S.] housing market and into rentals,” and according to BlackRock’s own website:
Most recently, we began investing in new construction, purpose-built for-rent housing developments… Our focus is on building single-family rental housing….
Furthermore, “BlackRock invests in multifamily properties, apartment complexes, and other residential real estate. (As of March 31, 2022, BlackRock has invested $120 billion into the U.S. residential real estate rental market.)
The Time article touted the meeting as a discussion on “how to attract investment in the country’s war-ravaged economy.” According to a statement released by Zelensky’s office, Fink provided “pro bono advice” on “setting up a reconstruction fund in support of the recovery of the Ukrainian economy” and this “fund” would accept money from both “public and private investors”.
Well isn’t Mr. Fink just a humanitarian! (How much of this money will actually go to the people, rather than the elites? I’d be willing to wager — zilch.)
But now, all the pieces are coming together….
The Russian news agency reported that Zelensky was planning to launch a “patronage program” offered to foreign entities, both public and private. From Zelensky’s own words just this past Tuesday:
Even now, we create a special patronage system. The system will enable leading countries and companies to take patronage over the reconstruction of Ukrainian regions, cities, industries, and enterprises.
The president alleged that a host of countries was interested in the program, including the United States, and additionally touted the move towards globalism and “green energy”:
We are already integrating Ukraine into the European Union. We have already become a part of the EU Single Market. We will become a part of the EU institutions. We have already joined the EU Single Energy System. We will become those whose potential in ‘green’ energy will replace dirty Russian fossil fuel for Europe.
So let me get this straight: Zelensky, under apparent “pro bono” advice from Fink, created a “patronage” scheme, which would auction off Ukrainian jurisdictions to the highest foreign bidder? And then this money would go into a “reconstruction” pot, before it likely disappears? (If we know anything about the notoriously corrupt country, we remain acutely aware of Ukraine’s penchant for money laundering, and its utter lack of transparency regarding the gravy train at the expense of America’s working class citizens.)
The term “patronage” bears with it an idea that the patron has the “power to control appointments to office or the right to privileges” — in 2015, The Guardian said the country was “marred by corruption so endemic that even the hospitals appear to be infected” — so I wouldn’t be at all surprised if Zelensky’s program fulfills the full meaning of the word.
Jumping into bed with Wall Street billionaires and corrupt global leaders to sell out your country? Sounds like Joe and Hunter Biden, or Obama, or Dick Cheney, or Chinless Mitch — it appears as though Zelensky is cut from the same cloth as some of the worst traitors in American history.
Black Rock ‘Captures’Ukraine ?
Zelensky entrusts management of the Ukraine to BlackRock
The Ukrainian government is teaming up with American investment firm BlackRock to “reboot its economy”. A Memorandum of Understanding was signed on November 10, the Ukrainian Economy Ministry announced the next day. This agreement concerns the creation of a platform to attract private capital.
The statement stated that BlackRock’s advice will focus on the “platform structure, mandate and governance”. Barely a week after the agreement was signed, the fund manager participated in a so-called “due diligence”, a corporate inspection, of a $500 million commitment from Tyrannical Australian iron ore magnate Andrew Forrest to start a $25 billion international investment fund to help Ukraine.
This fund will be used to finance “energy and communication infrastructure, including a green energy grid”.
Ukraine ‘sold’ to Blackrock
BlackRock created the Financial Markets Advisory after the “financial crisis of April 2008 to provide dedicated support to governments, central banks and financial institutions worldwide”. It is a “separate and independent business from BlackRock’s traditional asset management business,” according to the US company’s website.
In the first weeks of the war in Ukraine, BlackRock recorded a loss of $17 billion. According to the Financial Times, the valuation of Russian securities managed by the global asset management giant fell from 18,2 billion at the end of January to 1 billion on February 28, 2022.
The signing of the memorandum of understanding between BlackRock and Ukraine went almost unnoticed. On Twitter, netizens accused Zelensky of having “sold” Ukraine to the United States. “That was what lay behind the ‘struggle for the freedom of Ukraine’”, the French politician François Asselineau noted.
The announcement of this agreement between the Ukrainian government and BlackRock also comes at a time when European countries accuse the US of profiting from the war at the expense of Europe through the sale of weapons and gas exports at high prices.