Business
Chart of the week: Europe doubles down on US weapons as Russian threat grows
Editor's note: An earlier version of this article stated that there was no public systemic accounting of U.S. weapons sales. It has been updated to state that data on weapons sales is limited. The United States is the biggest exporter of military equipment in the world. But who’s buying? Data on weapons sales is often scarce, with a limited level of detail. A new dataset from the Brussels-based think tank Bruegel released last week helps to fill that gap, revealing a sharp increase in European
More from Business
News Feed
Prosecutors describe influence-peddling network in Ukraine's biggest graft case
Specifically, suspects in the Energoatom corruption case have discussed who should be appointed to Prime Minister Yulia Svyrydenko's Cabinet and whether Justice Minister Halushchenko should be appointed as ambassador to the U.S.
Biggest corruption scandal of Zelensky’s presidency is in his own ranks
During his presidential campaign, Volodymyr Zelensky highlighted two key failings of then-President Petro Poroshenko: corruption and nepotism. Six years into his own presidency, Zelensky has found himself on the receiving end of the exact same criticism, drowning in a corruption scandal. These days, Ukraine is being rocked by the largest corruption scandal of Zelensky’s term. At its center is a close associate of Zelensky — Timur Mindich, his former business partner, co-owner of the Kvartal 95
Two Ukrainian ministers implicated in major corruption scandal step down
Halushchenko is being investigated by the National Anti-Corruption Bureau (NABU) as part of a large-scale corruption case into Energoatom involving Timur Mindich, a close associate of President Volodymyr Zelensky.
Brazilian fighter on South American crime links to foreign volunteers in Ukraine
The Kyiv Independent’s Jared Goyette sat down with Brazilian volunteer fighter Everson Neves about his experience of fighting for Ukraine and the growing concerns over South American soldiers and their possible links to organized crime.
Analysis: With all eyes on Pokrovsk, Russia drives forward in Zaporizhzhia Oblast
While Ukraine, Russia, and the world have been watching the dramatic final act of the Battle of Pokrovsk unfold, Russian gains in the eastern parts of Zaporizhzhia and Dnipropetrovsk oblasts — a section of the frontline that has been dynamic but chronically overlooked — have picked up speed. On November 11th, the same day that Russia’s wretched Mad Max–style convoy of troops was filmed entering Pokrovsk through the fog, the Ukrainian military announced its withdrawal from five villages north of
An investor's guide to Ukraine
Created in partnership with KPMG Ukraine Gateway It's a scene all too familiar for those who frequent the Ukraine conference circuit: People gather from all over the world, talk big about pouring capital into the war-torn country, and leave, with few plans for actual investment. Ukraine's resistance to Russia's full-scale invasion in 2022 drew unprecedented attention to the eastern European nation. Everyone from Wall Street to Main Street wanted to be part of the rebuilding. As it b
About Business
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.
Most Popular
Get more news like this directly to your inbox every week by subscribing to our Ukraine Business Roundup newsletter. A London court ordered Ukrainian oligarchs Ihor Kolomoisky and Hennadiy Boholyubov to pay more than $3 billion in damages and costs on Nov. 10, marking a major milestone in an almost decade-long saga revolving around once Ukraine's most powerful oligarch. The decision concerns a case involving Ukraine's largest bank, PrivatBank, which the two oligarchs owned before it was nation
Editors' Picks
Everything you need to know about Ukraine's ongoing corruption scandal involving a nuclear power company and top officials
The cost of war: Is Russia running out of money to continue the fight?
Who is Timur Mindich, Zelensky's secretive associate at the center of a major corruption probe?
