Ukraine to dissolve gambling regulator, create new agency to oversee industry
A new state agency, PlayCity, will aim to digitize gambling business licensing and strengthen oversight of the industry.
Yana Prots
Articles
Oil prices climb amid Russian war talks and U.S. sanctions on Iran
Russia’s war in Ukraine continues to significantly influence global oil markets, with international negotiations in Saudi Arabia potentially restructuring energy supply chains and market strategies.
Kyiv coffee shop drops 'Trump' name amid growing discontent with US president
A coffee shop in Kyiv called "Trump" is rebranding to "Nolan" as Ukrainians grow increasingly frustrated with U.S. President Donald Trump's stance on Ukraine. Located in the capital's central Pechersk district, the establishment was opened in 2019 and in January of this year celebrated Trump's inauguration with a special
Russian job market cools as hiring plunges 15% in early 2025, Russian media reports
Russian businesses have significantly scaled back their recruitment efforts in early 2025, with job openings falling 15% compared to the same period last year, pro-state Russian outlet Izvestia reported on March 24, citing data from employment service hh.ru.
EU considers cutting Ukrainian sugar imports after price drop, Reuters reports
The European Commission is contemplating significant cuts to Ukrainian sugar imports after complaints from EU producers about plummeting sugar prices, Reuters reported on March 20, citing information from three sources.
Russia becomes India's top naphtha supplier, overtaking UAE, Reuters reports
Russia has overtaken the United Arab Emirates as India's top naphtha supplier in the past year, as Indian refiners capitalize on discounted Russian shipments, Reuters reported on March 20, citing preliminary ship-tracking data.
Leading Ukrainian mobile operator Kyivstar acquires ride-hailing service Uklon for $155 million
Ukraine’s largest telecom operator, Kyivstar, has signed an agreement to acquire Uklon, a leading ride-hailing and delivery platform in the country, for $155.2 million, Kyistar’s parent company, Veon, announced in a press release on March 19.
‘Painful for Russia:’ What new U.S. sanctions on Russian energy mean for Moscow
The Trump administration dealt a blow to Russia's energy sector last week after it let lapse an exemption allowing Russian banks to use U.S. payment systems for energy transactions. The move closed an important financial channel for Russian oil and gas exports and comes as Washington looks for ways
Ukraine, EU move to deepen cybersecurity cooperation as Russian threat rises
Ukraine and the EU took steps to deepen cooperation in cybersecurity as Russian hybrid attacks aiming to undermine support for Kyiv and flame tensions across the continent continue to rise. Ukraine and Europe’s cybersecurity agencies signed a memorandum of understanding at the Kyiv International Cyber Resilience Forum this week
McDonald's relaunches breakfast menu in Ukraine amid full-scale war
The announcement from McDonald's Ukraine comes as more Western companies expand offerings to Ukrainian customers amid the full-scale war, with some companies choosing to reopen storefronts across the country.
Ukraine’s DTEK gas production facilities shut down after Russian attack
Ukraine's main gas production facilities are in front-line regions like Kharkiv and Poltava, making them vulnerable to Russian attacks. Strikes on gas infrastructure have repeatedly reduced production, at times by 40%.
In Kyiv, Trump's intel freeze raises fears of Russian missiles striking without warning
U.S. President Donald Trump's decision to pause sharing intelligence with Kyiv has raised fears in major Ukrainian cities that Russian missile attacks could now occur without any warning. "It will be a catastrophe," Oleh Yeremenov, a fourth-year film directing student, told the Kyiv Independent on the streets of Kyiv
Ukraine’s DroneUA begins supplying robots to NASA
The company sees this partnership as an opportunity to strengthen Ukraine’s economy and expand its presence in global markets.
Ukraine to boost gas imports due to Russian attacks on energy infrastructure, Bloomberg reports
Ukraine plans to import about 3.5 billion cubic meters of gas for the upcoming heating season due to ongoing Russian attacks on its energy infrastructure, Bloomberg reported on March 4.
Ukrainians react to Trump-Zelensky clash
In the wake of the Feb. 28 clash between U.S. President Donald Trump, Vice President JD Vance, and President Volodymyr Zelensky in the Oval Office, the Kyiv Independent went to the streets of Kyiv to ask Ukrainians what they think of the now infamous meeting.
Ukraine bonds drop sharply following Trump-Zelensky argument, Reuters reports
Ukraine's international bonds fell to their lowest point in over a month on March 3 after a heated exchange between Ukrainian President Volodymyr Zelensky and U.S. President Donald Trump last week, Reuters reported.
EBRD lowers Ukraine’s 2025 growth forecast amid inflation, war impact
The European Bank for Reconstruction and Development (EBRD) has lowered its 2025 growth forecast for Ukraine’s economy, now expecting 3.5% growth instead of the previously projected 4.7%.
Updated: Revolut denies operating in Ukraine without license after central bank's pushback
According to Ukrainian banking law, a foreign bank can only operate in Ukraine if it opens a local branch or obtains a banking license. This process must first be approved by the NBU, the bank said in the press release.
Ukraine's DTEK plans LNG import deal by April, Bloomberg reports
The company expects to finalize and announce the deal within the next two months, with most potential partners based in the U.S.
Ukraine's agriculture industry has lost $80 billion due to Russian invasion, minister says
This figure includes not only direct damage but also indirect damage from disrupted logistics, increased fertilizer and fuel costs, expenses for land reclamation and demining, and occupied territories, Agriculture Minister Vitalii Koval said.
EU imports of Russian fossil fuels exceeded aid to Ukraine in third year of the Russian invasion, report says
The EU paid 21.9 billion euros ($22.9 billion) for Russian fossil fuel imports in the third year of Moscow's invasion of Ukraine, exceeding the 18.8 billion euros ($19.6 billion) in financial aid sent to Ukraine that year, according to a new report by the Center for Research on Energy and Clean Air published on Feb. 24.
5.2 million Ukrainian refugees remain abroad, less than half plan to return, poll says
The Center for Economic Strategy projects that between 1.7 and 2.7 million Ukrainians may permanently remain abroad, potentially reducing Ukraine's annual GDP by 5.1% to 7.8%.
Ukrainian edtech company Headway joins global entrepreneur network Endeavor
The selection marks a milestone for Ukraine's tech sector, coming during the third year of Russia's full-scale invasion and following Endeavor's launch in the country in October 2024.
Ukraine moves to nationalize Ferrexpo's mining subsidiary
Ukraine's State Bureau of Investigation and Justice Ministry are preparing to nationalize Poltava Mining, a subsidiary of London-listed Ferrexpo, which is majority owned by oligarch Konstantin Zhevago, the SBI announced on Feb. 20.
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