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Moody's downgrades Ukraine's ratings.

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Rating agency Moody's lowered Ukraine's long-term credit rating from Caa2 to Caa3 due to the risks of a protracted war with Russia and an increasing public debt burden over international financial support.

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The Kyiv Independent news desk

We are the news team of the Kyiv Independent. We are here to make sure our readers get quick, essential updates about the events in Ukraine. Feel free to contact us via email with feedback and news alerts.

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Colombians, many shaped by decades of armed conflict at home, have become one of the largest groups of foreign volunteers fighting for Ukraine since the beginning of Russia's full-scale invasion in 2022. The Kyiv Independent's Jared Goyette speaks with a Colombian volunteer who spent two years fighting in Ukraine.

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