Amidst Ukraine’s ongoing conflict, the nation saw a significant uptick in its millionaire population, with 10,700 individuals declaring annual incomes over UAH 1 million in 2023, marking a 10.5% increase from the previous year. However, economic disparities deepen as the war persists. Meanwhile, in the United States, the middle class faces significant challenges, with soaring mortgage rates at 7.22%, inflation rates exceeding 20%, and the average annual cost of goods increasing by $12,000 compared to the previous year, all under the backdrop of Bidenomics policies and open border concerns.
Sources:
Ukraine, a war torn country, has increased its millionaire population by 1,200 in the last year
All requests for an audit of US federal funds being sent to Ukraine have been unsuccessful. t.co/8CS8M3KQF0
— Ashley St. Clair (@stclairashley) May 5, 2024
U.S. is leading G7 talks to lend Ukraine $50 billion in cash.
🇺🇦 For the first time since 2022, private creditors will demand payments from Ukraine on public debt.
The group of bondholders includes BlackRock and Pimco, and together they account for about one-fifth of Ukraine's $20 billion of outstanding Eurobonds.
The organizations formed… pic.twitter.com/DnAh9P0sDc
— Zlatti71 (@Zlatti_71) May 5, 2024