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</html><thumbnail_url>https://www.actvism.org/wp-content/uploads/2026/01/2251-Design.jpg</thumbnail_url><thumbnail_width>1920</thumbnail_width><thumbnail_height>1080</thumbnail_height><description>In this analysis, Dimitri Lascaris lays bare the financial reality behind the war in Ukraine. Ukraine is effectively insolvent, yet in recent weeks the EU and Canada have pledged new loans and guarantees amounting to hundreds of billions.</description></oembed>
