The Board of the National Bank of Poland has decided to provide the National Bank of Ukraine with $950 million in a currency swap, Ukraine’s NBU press service reported. "Relevant funds will increase Ukraine's international reserves. The National Bank of Ukraine is grateful to its colleagues for their support and trust," the NBU said.
Liliane is the business editor at the Kyiv Independent. She previously worked at the Kyiv Post as a staff writer covering business news and then as business editor. Liliane holds a master’s degree in Russian, Eastern European, and Eurasian affairs with a focus on Ukrainian studies at Columbia University. From 2017-2020 she served as a Peace Corps Volunteer in Ukraine, after which she interned with the Atlantic Council’s Eurasia Center.Read more
A Russian surface-to-air missile caused the crash of the Azerbaijan Airlines flight near Aktau, Kazakhstan, Azerbaijani government sources reportedly confirmed to Euronews on Dec. 26.
North Korean troops deployed in Russia’s Kursk Oblast continue to suffer significant losses, Ukraine's military intelligence (HUR) reported on Dec. 26.
Public willingness to support Ukraine “until it wins” has dropped significantly across France, Germany, Italy, Spain, Sweden, Denmark, and the U.K., according to a YouGov poll reported by The Guardian on Dec. 26.
Polish Prime Minister Donald Tusk criticized Hungarian Prime Minister Viktor Orban for calling Vladimir Putin Hungary's “honest partner” during Russia’s massive missile attacks on Ukraine on Christmas Day, according to a Dec. 26 statement on X.
The Ukrainian Air Force struck a plant in Kamensk-Shakhtynsky, Rostov Oblast, that produces solid propellant for ballistic missiles, Ukraine's Center for Strategic Communications (Stratcom) reported on Dec. 26.
Russian forces struck the central market in Nikopol, Dnipropetrovsk Oblast, with a drone on Dec. 26, injuring eight people, Ukraine's State Emergency Service reported.
Russian shoppers continue to access luxury Western brands despite sanctions imposed after the full-scale invasion of Ukraine, The Financial Times reported on Dec. 26.
Inflation in Russia has reached its highest levels in nearly a year, driven by war spending and rising food prices, The Moscow Times reported on Dec. 25, citing Russia's Federal State Statistics Service (Rosstat).
Russian companies are increasingly using Bitcoin and other digital currencies for international payments in response to Western sanctions, Reuters reported on Dec. 25.
U.S. President Joe Biden directed the Pentagon to "continue its surge" of weapons deliveries to Ukraine in response to Russia's mass attack on the country on Christmas Day, he announced on Dec. 25.
Oleksii Bezpaltsev, a 34-year-old poet and prose writer from Kharkiv, was killed in action while performing a combat mission in Kharkiv Oblast, PEN Ukraine reported on Dec. 25.
President Volodymyr Zelensky said in his Christmas Eve address on Dec. 24 that Ukrainians continue to hold on to their faith, unity, and traditions during the third Christmas in wartime.
President-elect Donald Trump's nominee for Ukraine peace envoy, Keith Kellogg, denounced Russia's mass attack on early Christmas morning, emphasizing that "Christmas should be a time of peace."
Footage of the plane shows traces of a large surface-to-air missile impact on the tail section of the plane, according to Russian independent media outlet Meduza.
In a phone call with Japanese Prime Minister Shigeru Ishiba, Zelensky expressed his gratitude for Japan's previous aid to Ukraine, which has totaled $12 billion and "makes it possible to save thousands of lives."
The declaration comes after President Volodymyr Zelensky confirmed during a press conference on Dec. 19 that Ukraine would not extend the transit agreement for Russian gas through its territory, which is set to expire on Dec. 31.
The Shchedryk unmanned aerial vehicle has increased resistance to electronic warfare and can be tasked with monitoring the actions of Russian troops on the battlefield, the Defense Minitsry said.
"(The depot) was used by the enemy to supply its troops in the Kramatorsk sector (in Donetsk Oblast). Now the Russians have logistical difficulties, which significantly affect their ability to conduct combat operations," a source in the Security Service of Ukraine (SBU) said.
Russia launched more than 70 missiles, including ballistic ones, and over 100 drones, President Volodymyr Zelensky said. More than 50 missiles and "a significant number" of drones were shot down, he added.
"This fire strike is part of a comprehensive campaign to weaken the ability of the Russian Armed Forces to coordinate military operations against the people of Ukraine," Ukraine's Center for Strategic Communications said.