The agreement, signed on April 30, establishes a joint investment fund between Kyiv and Washington and grants the U.S. special access to projects developing Ukraine's natural resources.
Ukraine is considering moving away from the U.S. dollar and closer to the euro as a benchmark for the hryvnia, National Bank Governor Andrii Pyshnyi told Reuters.
The Atesh partisan group claims it disabled communication at several Russian military facilities when it allegedly destroyed equipment at a transformer substation in the village of Mogiltsy in Russia's Moscow Oblast.
Ukrainian soldier are seen inside a military vehicle as Ukrainian artillery units prepare to artillery fire at their fighting position in the direction of Avdiivka of Donetsk Oblast, Ukraine on Nov. 28, 2023. (Ozge Elif Kizil/Anadolu via Getty Images)
Russia's capacity for operational rotations is expected to sustain the pace of localized offensives in eastern Ukraine in the short term, the Institute for the Study of War (ISW) said in its latest update on Jan. 11.
The experts note, however, that is unclear if Russian forces will be able to conduct effective rotations in the long term or in the event of intensified Russian offensive efforts or a significant Ukrainian counteroffensive operation.
The strategic use of operational rotations by Russia serves to alleviate the gradual deterioration of attacking forces, which could otherwise lead to the culmination of Russian offensive endeavors over time. While various operational factors have historically played a role in the culmination of Russian offensives in Ukraine, limitations on manpower and combat-effective formations have consistently been a primary contributing factor.
"Russian forces are largely conducting infantry-heavy assaults in Ukraine with assault groups that do not necessarily require large amounts of equipment or high levels of training," the ISW said. The Russian force generation apparatus "appears to be replenishing losses in Ukraine with poorly trained and relatively combat ineffective personnel" whom the Russian command has deemed to be sufficient for routine attritional frontal assaults.
These assaults, according to the ISW, have yet to result in "more than marginal Russian gains in Ukraine" since early October 2023, and it is unlikely that Russian forces can continue them indefinitely in a way that will allow the Russians to convert tactical successes into operationally significant results.
Olena Goncharova is the Head of North America desk at The Kyiv Independent, where she has previously worked as a development manager and Canadian correspondent. She first joined the Kyiv Post, Ukraine's oldest English-language newspaper, as a staff writer in January 2012 and became the newspaper’s Canadian correspondent in June 2018. She is based in Edmonton, Alberta. Olena has a master’s degree in publishing and editing from the Institute of Journalism in Taras Shevchenko National University in Kyiv. Olena was a 2016 Alfred Friendly Press Partners fellow who worked for the Pittsburgh Post-Gazette for six months. The program is administered by the University of Missouri School of Journalism in Columbia.
Alexander Khrebet
