FT News Briefing Ukraine’s army of volunteers
Mar 24, 2022
Tensions in energy markets soar as Russia demands gas payments in rubles. Volunteer armies in Ukraine emerge as a vital force, showcasing the resilience of Kiev's citizens amidst chaos. The historical roots of this volunteer spirit date back to the 2014 Maidan revolution. Meanwhile, Deutsche Bank's tangled relationships with significant shareholders raise questions about banking regulations and potential conflicts of interest. The implications of halted oil exports on global markets create an urgent backdrop to these unfolding stories.
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Ruble Ramifications
- Putin's demand for ruble gas payments creates uncertainty for European buyers.
- Renegotiating contracts may lead to reduced purchases and early termination.
Kiev's Population
- Many Kiev residents, including elderly and disabled, remain in the city.
- Others stay to join territorial defense or volunteer networks.
Volunteer Network
- Ukraine's volunteer system, established during the 2014 Maidan revolution, remains strong.
- Thousands of volunteers support various efforts, from cooking to cyber defense.