The loan will help state-owned Ukrhydroenergo purchase stockpiles of critical supplies, replacements for equipment damaged by Russian attacks, as well as to refurbish and modernize old equipment.
"We understand that the American side will engage with Russia, and we expect feedback on whether the aggressor is genuinely willing to end the war," President Volodymyr Zelensky said.
More than 1 million people in Dnipropetrovsk Oblast remained without water and heating as of the morning of Jan. 8, Communities and Territories Development Minister Oleksii Kuleba said.
The loan will help state-owned Ukrhydroenergo purchase stockpiles of critical supplies, replacements for equipment damaged by Russian attacks, as well as to refurbish and modernize old equipment.
U.S. President Donald Trump has approved moving forward with a bipartisan Russia sanctions bill, opening the door for a potential Senate vote as early as next week, according to Senator Lindsey Graham.
Hello, this is Chris York reporting from Kyiv on day 1,415 of Russia's full-scale invasion of Ukraine. Today's top story: Ukraine's largest state-owned defense company Ukroboronprom has increased weapons production by 1.5 times year-on-year, it announced on Jan. 8. "This is Ukraine’s response to the challenges of modern warfare and clear evidence that our weapons are becoming the foundation of national security," Defense Minister Denys Shmyhal said. Production was valued at UAH 122 billion (
"The Trump Administration has found these institutions to be redundant in their scope, mismanaged, unnecessary, wasteful, poorly run, captured by the interests of actors advancing their own agendas contrary to our own, or a threat to our nation's sovereignty, freedoms, and general prosperity," U.S. Secretary of State Marco Rubio said.
The Kyiv Independent’s Business Desk covers the biggest news in business, economics, and tech from Ukraine, as well as global developments that shape the economy of the region.
Of all the images that emerged from the U.S. military operation to capture Venezuelan leader Nicolas Maduro on Jan. 3, one of the most surreal was the sight of a fleet of American helicopters flying unchallenged over the skies of Caracas. Video from Caracas, Venezuela shows U.S. military helicopters, including CH-47 Chinook and V-22 Osprey aircraft, operating over Caracas alongside multiple explosions. The cause and context of the blasts remain unconfirmed. pic.twitter.com/owOx9X7DPP — George
