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Tag: Ukraine


Capital and Risk, Macroeconomic

$1.7-Trillion Omnibus Includes Over $47 Billion for Ukraine, 291.9% Increase in Drawdown Capabilities Since October 2022

January 9, 2023

Via: CNSNews.com

The $1.7-trillion, 4,155-page omnibus bill passed during the last week of the 117th Congress to fund the government through Sept. 30, 2023 includes over $47 billion for Ukraine, and increases the president’s drawdown capabilities by 291.9% since October 2022. The […]


Capital and Risk, Insurance

Ukraine Grain Corridors Need More Ships, Affordable Insurance to Accelerate Exports

August 24, 2022

Via: Insurance Journal

Ukraine’s first shipments of grain since being invaded by Russia are a harbinger of relief for squeezed global markets, but many challenges remain before the millions of tons of food stuck in the country can be released. Perhaps the biggest […]


News

Despite Beijing’s Verbal Support, Chinese Companies and Banks Are Distancing Themselves From Russia

April 20, 2022

Via: CNSNews.com

Ever since Russia sent troops into Ukraine nearly two months ago, China has refused to join the U.S. and Europe in condemning the Kremlin’s actions or imposing economic sanctions, with officials pledging instead to maintain “normal business ties” with Russia. […]


News

Dimon: Russia exposure could cost JPMorgan $1B

April 5, 2022

Via: Banking Dive

As JPMorgan follows Western directives in implementing sanctions against Russia, Dimon said he is not worried about direct exposure to the invading nation. However, the U.S.’s largest bank “could still lose about $1 billion over time,” he wrote Monday. That’s […]