this post was submitted on 20 Nov 2024
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Biden seeks to cancel over $4.5 billion in Ukraine's debt (kyivindependent.com)
submitted 15 hours ago* (last edited 15 hours ago) by LaFinlandia@sopuli.xyz to c/ukraine@sopuli.xyz
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[–] MrMakabar@slrpnk.net 3 points 4 hours ago

The debt Biden canceled was own to the US government. So this would have been good for Ukrainian bonds, as it makes them more likely to be paid back.