A major financial crisis is unfolding in Europe — and almost no one is ready for what comes next. The EU’s plan to turn frozen Russian central-bank assets into a €105B loan for Ukraine has collapsed. The European Central Bank refuses to back it. The U.S. is demanding a full stop. And Russia is threatening retaliation on a scale that could shake global markets.
What does this mean for Europe’s economy? For Ukraine’s future? For the safety of global wealth stored overseas?
Credit to : United Voice News
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