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Global consulting firm joins Ukraine minerals deal fund as investment advisor
Alvarez & Marsal has been tapped as the investment advisor for the U.S.-Ukraine minerals deal, officials announced on Nov. 14, the latest step in a widely-watched agreement to invest in Ukraine's critical resource sectors.
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US lawmakers drafting sanctions bill targeting countries doing business with Russia, Trump says
U.S. President Donald Trump said on Nov. 16 that congressional Republicans are preparing legislation that would impose sanctions on any country doing business with Russia.
Blackout in occupied Donetsk amid reported strike on electric substation
Blackouts have been reported in occupied Donetsk amid a strike on a nearby electric substation, local media reported late on Nov. 16.
Europe must stay patient as prospects for Ukraine-Russia ceasefire remain distant, Finnish president says
"I'm not very optimistic about achieving a ceasefire or the beginning of peace negotiations, at least this year," Finnish President Alexander Stubb said, adding that to "get something going" by March would be good.
Ukraine war latest: Widow of Chornobyl's first victim killed by Russian attack on Kyiv 39 years later
Key developments on Nov. 15-16. * Widow of Chornobyl's first victim killed by Russian attack on Kyiv 39 years later * Kyiv, Moscow reach deal on prisoner exchange to free 1,200 Ukrainians * Russian military reportedly executes 2 Ukrainian POWs in Zaporizhzhia Oblast * Ukraine strikes major oil refinery in Russia’s Samara Oblast, hits elite Rubikon drone base * Russian assault on key Dnipropetrovsk Oblast village repelled, Ukraine says Nataliia Khodemchuk, widow of Valerii Khodemchuk, the
Ukraine and Greece sign US gas deal to secure winter supply
Ukraine and Greece have signed a deal to import American liquefied natural gas to Ukraine for the first quarter of 2026, as the country seeks to secure energy supplies amid continued Russian strikes on its infrastructure.
Ukraine strikes major oil refinery in Russia’s Samara Oblast, hits elite Rubikon drone base
Ukrainian forces struck the Novokuibyshevsk oil refinery in Russia’s Samara Oblast and a drone storage site belonging to Russia’s elite Rubikon unit, Ukraine's General Staff reported on Nov. 16.
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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.
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At first glance, a YouTube interview with Philippe Marques Pinto looks like one of dozens of others in Ukraine’s long-running campaign to recruit South American soldiers to bolster its ranks in the fight against Russia. “I worked as a private security guard in Brazil, and when I arrived here, I got training, and it was just a question of adaptation,” Pinto says in an April 25, 2025, video for the Foreign Recruitment Center, a channel run by Ukraine’s Defense Ministry. But according to police i
