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.
Women look at a damaged residential building in the city center after a Russian missile strike on March 24, 2025, in Sumy, Ukraine. (Valeria Zarudna / Global Images Ukraine via Getty Images)
The number of injured in Russia's March 24 missile strike on Sumy has risen to 108, including 24 children, First Deputy Mayor Artem Kuznetsov said on March 26.
"At the moment, we have 108 (victims), including 24 children. So the number has increased," Kuznetsov said on national television.
The missile struck residential areas and infrastructure facilities, including a children's hospital, according to Acting Mayor Artem Kobzar.
At least 30 high-rise buildings, 15 houses, and multiple warehouses, offices, and medical facilities were damaged, the regional military administration reported.
The attack occurred as Russian and U.S. delegations met in Saudi Arabia to discuss a ceasefire in Ukraine.
President Volodymyr Zelensky warned earlier that Russian forces had been massing near Ukraine's northeastern border, suggesting plans to escalate attacks on Sumy Oblast.
"We understand this and will take countermeasures," he said on March 15.
Located just under 30 kilometers (18 miles) from the Russian border, Sumy and its surrounding region have faced relentless attacks since the start of Russia's full-scale invasion in 2022. The oblast borders Russia's Bryansk, Kursk, and Belgorod oblasts.
Tim Zadorozhnyy is a news editor at The Kyiv Independent. Based in Warsaw, he is pursuing studies in International Relations, focusing on European Studies. Tim began his career at a local television channel in Odesa. After moving to Warsaw, he joined the Belarusian opposition media outlet NEXTA, starting as a news anchor and later advancing to the position of managing editor.
Martin Fornusek
