Russian brokers have launched a swap scheme meant to let Russian investors sell the securities that were frozen as a result of their country's invasion of Ukraine, according to the scheme's organizer.
Under the plan, a central broker appointed by Russia's finance ministry has started to set prices for frozen foreign assets and will take offers until May 8 from investors wishing to sell their assets.
Canada announced C$635 million ($460 million) in new financing and guarantees for Ukraine's energy security and reconstruction, alongside an agreement to establish a 100-year strategic partnership between the two countries. Nearly C$435 million will be provided as new loan guarantees to the European Bank for
The International Finance Corporation plans to launch a €50 million donor-funded program as a pilot for its proposed Viability Gap Facility meant to make certain Ukrainian infrastructure public-private partnerships more commercially viable, a senior IFC official said. The pilot is expected to cover two or three projects, with
