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BlackRock Halts Ukraine Fund; Leaders Seek Recovery Solutions

7/6/2025

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Summary

Story summary

BlackRock has halted its ambitious $2.5 billion Ukraine recovery fund following the election of U.S. President Trump, prompting France to search for alternatives. As the war ravages Ukraine, President Zelensky and Italian Prime Minister Meloni are set to gather at the Ukraine Recovery Conference in Rome on July 10-11, seeking solutions for a nation in crisis.

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Story summary

BlackRock has halted its ambitious $2.5 billion Ukraine recovery fund following the election of U.S. President Trump, prompting France to search for alternatives. As the war ravages Ukraine, President Zelensky and Italian Prime Minister Meloni are set to gather at the Ukraine Recovery Conference in Rome on July 10-11, seeking solutions for a nation in crisis.