The World Economic Forum conference kicked off today in Davos, Switzerland. Ukrainian President Volodymyr Zelensky opened the annual conference by requesting $5 billion a month from the global community.
Zelensky requested the cash infusion immediately.
Advertisement - story continues below
Zelensky speaks to Davos- Sounds like Ukraine is for sale https://t.co/2DA4Uaol10 pic.twitter.com/Y6DoxjGU0h
— Ultra MAGA Sam 🇺🇸 | 🦅 | 📡 (@Rudio1John) May 23, 2022
The US Congress and Joe Biden just gave Ukraine $40 billion of taxpayer dollars last week.
Fortune.com reported:
Advertisement - story continues below
In the three-day summit’s opening address, Ukraine’s president Volodymyr Zelensky, dressed in his trademark wartime olive-green T-shirt, and projected on monitors from Kyiv, told about 1,000 CEOs and government officials that Ukraine needs $5 billion a month, beginning immediately, in order to stave off full-blown economic collapse—a collapse that would have deep global ramifications.
“The amount of work is enormous,” he said. “We have more than a half a trillion dollars in losses, and tens of thousands of facilities destroyed. We need to rebuild entire cities and industries.”
Yet rather than describing the dire situation as a crisis, Zelensky cast it as a potentially lucrative opportunity for Western countries and companies.
“Patronage” for investors
Zelensky said Ukraine would have a “special, historically significant model of rebuilding,” in which companies and countries could choose a specific region or mine to rebuild. This system, which he called a “patronage,” is meant as a way of attracting the world’s top engineers and architects to Europe’s biggest reconstruction since the aftermath of the Second World War, nearly 80 years ago.
The Gateway Pundit is moving back to Disqus! All of your account information and comment history has been saved and will be uploaded as quickly as possible to Disqus. If you do not already have a Disqus account, you will need to create one. Please use the same email address that you used for Insticator for your comment history to be carried over. We greatly appreciate your patience and continued support!