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Ukraine’s richest man decries siege in Mariupol

Bloomberg A period of tension between Rinat Akhmetov and Volodymyr Zelenskiy appeared to reach a boiling point just weeks ago, after Ukraine’s leader slammed its billionaire oligarchs for fleeing ahead of an imminent Russian invasion. Now, in the midst of war, Ukraine’s richest person says he’s back in the country and that the two are on the same team, setting ...

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Ukraine seeks more aid from Australia

Bloomberg Ukraine president Volodymyr Zelenskiy has asked for additional military assistance in an address to Australia’s parliament, saying his country needs help now. Speaking to Australian lawmakers, Zelenskiy thanked the government for its support so far. He said the two countries were “like-minded” but added that “this is only the beginning.” Zelenskiy said if Russia is not stopped now, ”other ...

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China weighs raising billions to rescue troubled financial firms

  Bloomberg Chinese authorities are considering a plan to raise several hundred billion yuan for a new fund to backstop troubled financial firms. The People’s Bank of China (PBOC) is leading the effort, seeking to shore up confidence in the $60 trillion financial system as the economy slows and a debt crisis in the property industry spreads. The stability fund ...

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