Frozen Russian assets will soon pay for Ukraine’s war
And America now hopes to convince others to make better use of the stash
After Russia destroyed the Trypilska power plant on April 11th, Ukraine blamed a lack of anti-missile ammunition. The country’s leaders are also desperate for more financial support. The two shortages—of ammunition and money—reflect different constraints among Ukraine’s allies. Whereas the lack of ammunition is mostly the product of limited industrial capacity, the lack of money is the product of limited political will.
Explore more
This article appeared in the Finance & economics section of the print edition under the headline “Drip into torrent”
Finance & economics April 20th 2024
- Frozen Russian assets will soon pay for Ukraine’s war
- Even without war in the Gulf, pricier petrol is here to stay
- Citigroup, Wall Street’s biggest loser, is at last on the up
- China’s better economic growth hides reasons to worry
- Generation Z is unprecedentedly rich
- Why the stockmarket is disappearing
- Can the IMF solve the poor world’s debt crisis?
From the April 20th 2024 edition
Discover stories from this section and more in the list of contents
Explore the editionMore from Finance & economics
The stockmarket rout may not be over
As investors pause for breath, we assess what could turn a correction into a crash
Why Japanese stocks are on a rollercoaster ride
Volatility in global markets continues
Why Japanese markets have plummeted
The global rout continues, with the Topix experiencing its worst day since 1987
Swing-state economies are doing just fine
They would be doing even better if the Biden-Harris administration had been more cynical
Can Kamala Harris win on the economy?
A visit to a crucial swing state reveals the problems she will face
Why fear is sweeping markets everywhere
American and Japanese indices have taken a battering. So have banks and gold