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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?


To: #Breeze who wrote (174014)5/25/2022 11:59:37 PM
From: Winfastorlose5 Recommendations

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Interesting, if true:

Ukraine to get just 15% of $40b US aid, but must return entire sum, Russian Duma speaker claims…

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Washington and Brussels do not really intend to solve Ukraine's economic and social issues, Vyacheslav Volodin underscored


MOSCOW, May 24. /TASS/. Russia’s State Duma Speaker Vyacheslav Volodin took to his Telegram channel to highlight that the US and its partners do not plan to provide real assistance to Ukraine.

Ukraine will only get 15% of the $40 billion promised by the US, he said.

"Washington and Brussels do not really intend to help Ukraine, or solve its economic and social issues. They only need Ukraine to fight Russia till the last Ukrainian," Volodin said.

According to the recent aid to Ukraine legislation signed by President Joe Biden, 35% of the $40 billion is going to finance the US Armed Forces, he explained. Meanwhile, 45.2% of that amount is set to be spent on other countries, not Ukraine, while another 4.8% will be earmarked to support refugees, and restore the US diplomatic mission in Ukraine. "Ukraine will only receive 15% of the allotted sum," the speaker revealed.

But Ukrainians will have to pay off the whole sum, he said. The US is aware that Kiev will not be able to service the debt in the future. "That is why they are seizing Ukraine’s last reserves, including grain, which is what we are seeing right now".