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Exclusive: EBRD preparing new funds to cover urgent gas imports for Ukraine, vice president says
Energy

Exclusive: EBRD preparing new funds to cover urgent gas imports for Ukraine, vice president says

The European Bank for Reconstruction and Development will provide Ukraine's state-run oil and gas giant Naftogaz with fresh financing for emergency gas imports amid devastating Russian strikes on its gas production facilities, the bank's vice president told the Kyiv Independent in an interview on Oct. 9. Nearly 60% of the country’s gas production was damaged in recent strikes, which targeted Ukraine's Poltava and Kharkiv oblasts, Bloomberg reported on Oct. 9, citing sources with knowledge of th
Ukraine war latest: Russian strikes reportedly cut over half of Ukraine's gas production ahead of winter
War update

Ukraine war latest: Russian strikes reportedly cut over half of Ukraine's gas production ahead of winter

Key developments on Oct. 9: * Russian strikes reportedly destroy over half of Ukraine's gas output before winter * Ukraine strikes Russian gas and oil facilities in Volgograd Oblast, military says * Europe faces 'significant risk' of major war if Russia starts mobilization, Zelensky says * EU parliament calls for readiness to down of Russian aircraft, drones over member states' territory * Serbia sends humanitarian aid to Russia’s Kursk Oblast worth around $6 million, Moscow claims Russia
Russia-Ukraine peace talks are dead, for now. But were they ever alive?

Russia-Ukraine peace talks are dead, for now. But were they ever alive?

As U.S. President Donald Trump dreams of receiving the 2025 Nobel Peace Prize, his track record as a peacemaker in the world's largest ongoing war remains questionable. Despite high-profile meetings and Trump's flamboyant rhetoric, progress in peace talks between Russia and Ukraine has been scarce. Trump has been increasingly frustrated with Russia's refusal to stop the war, and his rhetoric has shifted in Ukraine's favor after being kind to Russian President Vladimir Putin for months. In an
One of the greatest 20th century Ukrainian novels, now in English translation

One of the greatest 20th century Ukrainian novels, now in English translation

Overwhelmed by the buzzing nightlife of Khreshchatyk Street in central Kyiv, Stepan Radchenko, the despondent protagonist of Valerian Pidmohylnyi’s novel “The City,” looks up at the moon for solace and reminds himself: “The city must be conquered, not despised!” A defining novel of 20th-century Ukrainian literature, "The City" has now been brought to English-language readers by Harvard’s Ukrainian Research Institute in a fresh translation by Maxim Tarnawsky. The novel traces Radchenko's uneasy
The EU's ambitious plan for frozen Russian assets, explained

The EU's ambitious plan for frozen Russian assets, explained

Momentum is building to tap more of Russia’s central bank reserves — immobilized after its full-scale invasion of Ukraine — to help fund Kyiv's war effort. As the U.S. moved to wash its hands of Ukraine’s fate, the gradual realization Russia’s war would not end any time soon and that Kyiv would continue to need large amounts of external funding has spurred European initiative to unlock the cash tied up in Russia’s frozen assets. And Kyiv will need all the money it can get. Recent estimates put