
Ukraine's central bank raises key policy rate to 14.5% due to inflation
Ukraine's National Bank (NBU) announced on Jan. 23 that it will raise the key policy rate from 13.5% to 14.5% per annum starting from Jan. 24, 2025.
The Power Within: The Kyiv Independent’s first-ever magazine. Be among the first to get it.
pre-order nowTeam
Kateryna Hodunova is a News Editor at the Kyiv Independent. She previously worked as a sports journalist in several Ukrainian outlets and was the deputy chief editor at Suspilne Sport. Kateryna covered the 2022 Olympics in Beijing and was included in the Special Mentions list at the AIPS Sport Media Awards. She holds a bachelor's degree in political journalism from Taras Shevchenko University and a master's degree in political science from the National University of Kyiv-Mohyla Academy.
Ukraine's National Bank (NBU) announced on Jan. 23 that it will raise the key policy rate from 13.5% to 14.5% per annum starting from Jan. 24, 2025.
"I think the issue of ending the war in Ukraine must be a victory for (Donald) Trump, not for (Vladimir) Putin," President Volodymyr Zelensky said.
"Trump, in the first iteration of his presidency, was the American president who most often resorted to sanctions methods," Kremlin spokesperson Dmitry Peskov said.
Russia's domestic economic operations have recently suffered due to labor shortages and high interest rates introduced to curb inflation.
Lex Fridman did not specify when he would visit Russia or whether he had already agreed to an interview with the Russian authorities.
During a telephone call on Jan. 22, NSC employees, known as aides or detailees, were told that they were to leave the office immediately.
Alexander Lukashenko announced last year that he intended to run again in the presidential election.
The 78th Air Assault Regiment on Jan. 21 announced an internal investigation after a soldier of the unit pointed to excessive demands on his comrades that supposedly lead to exhaustion and fatal accidents when handling explosives.
Xi Jinping stressed that bilateral cooperation between Beijing and Moscow is gradually expanding and that joint trade is trending upward.
Zelensky's itinerary will include bilateral talks with leaders of Latin American and Asian countries and meetings with top business officials.
When a glide bomb exploded at an industrial facility in Zaporizhzhia on Jan. 8, the 13 dead, and 122 injured marked the highest number of civilian casualties in a Russian attack on Ukraine in almost two years. Despite being one of the most primitive and numerous weapons in the Russian
In 2024, 108.5 million metric tons were imported from Russia, including through pipelines and sea deliveries.
The POW said he arrived in Russia on a cargo ferry with over 100 other North Korean soldiers.
Russian forces launched 141 drones at Ukraine overnight from the Russian cities of Bryansk, Kursk, Orel, Millerovo, and Primosk-Akhtarsk, according to Ukraine's Air Force.
"More Patriot (air defenses) for Ukraine means more protection of life," President Volodymyr Zelensky said.
President-elect Donald Trump has previously said he wants to meet with Putin "very quickly" after his inauguration.
"I’m really pleased with the performance throughout this tournament," Elina Svitolina said after the match.
The latest sanctions, imposed last week, targeted over 180 oil-carrying vessels of Russia's so-called shadow fleet, a group of aging tankers routinely used for sanction evasion.
Alexander Khinshtein, the acting governor of Kursk Oblast, previously did not mention any losses among the military.
"We are ready to help the Slovak people in ensuring their energy stability and security," Volodymyr Zelensky said.
The course will consist of 90 academic hours of theory study and 210 academic hours of practical training.
Iran has provided Russia with thousands of Shahed drones used in attacks against Ukrainian cities, as well as short-range ballistic missiles.
Russia launched a missile attack on Kryvyi Rih, Dnipropetrovsk Oblast, on Jan. 17, killling four people and leaving 14 others injured, Governor Serhii Lysak reported.
Russia attacked Ukraine using cruise and ballistic missiles on Jan. 15, targeting critical infrastructure in several oblasts.
"We are looking for another date, which should be in the next few days," Slovak Prime Minister Robert Fico said.
The 67th Separate Mechanized Brigade repelled an assault of Russian troops near the village of Zhuravka in Sumy Oblast on the border with Russia's Kursk Oblast, according to the brigade's Jan. 15 statement.
"A rare bird was shot down by anti-aircraft gunners and pilots of the 63rd Brigade — a Russian experimental reconnaissance drone Merlin-VR," the brigade's statement read.
Russia will allegedly demand that Ukraine cut its ties with NATO and become "a neutral state with a limited military" during talks with U.S. President-elect Donald Trump, Bloomberg reported on Jan. 15, citing its sources.
"It is important for everyone to be realistic: There will have to be concessions — made by the Russian Federation, but also by the Ukrainians," said Marco Rubio, U.S. President-elect Donald Trump's pick for secretary of state.
"Today's actions frustrate the Kremlin's ability to circumvent our sanctions and get access to the goods they need to build weapons for their war of choice in Ukraine," said Deputy Secretary of the U.S. Treasury Wally Adeyemo.
Seoul plans to hold consultations with Kyiv regarding the transfer of captured North Korean soldiers if they request defection, Yonhap reported on Jan. 14, citing South Korean Foreign Ministry spokesperson Lee Jae-woong.
The German government is still discussing a proposed 3 billion euros ($3.09 billion) aid package for Ukraine, German Defense Minister Boris Pistorius said on Jan. 14, according to Ukrinform.