0 out of 25,000

Quality journalism takes work — and a community that cares.
Help us reach 25,000 members by the end of 2025.

Business

Find your perfect present from Ukraine with our holiday gift guide

To the guide
Russian strikes spared Ukraine's nuclear plants. Corruption didn't
Business

Russian strikes spared Ukraine's nuclear plants. Corruption didn't

by Dominic Culverwell

While Russian attacks pounded Ukraine’s power system, one energy company remained mostly unscathed — becoming the cash cow that fueled the largest corruption scheme of President Volodymyr Zelensky's presidency. Earlier this month, Ukraine's anti-corruption bureau (NABU) raided the homes of ex-Energy Minister Herman Halushchenko and Zelensky's former business partner Timur Mindich in connection with a $100 million kickback scheme involving Energoatom, the state-owned nuclear operator. So far, NA

News Feed

Ukraine war latest live: SBU drones strike Russian oil terminal, navy base in Novorossiysk, source says

Hello, this is Jared Goyette reporting from Kyiv on day 1,371 of Russia's full-scale invasion of Ukraine. The capital is still recovering from a massive overnight attack on energy infrastructure that killed at least six people and injured 20 others — several apartment buildings were hit and caught fire, authorities said. All eyes remain on the peace negotiations, with President Volodymyr Zelensky expected to visit the U.S. soon to meet his U.S. counterpart, President Donald Trump, and finalize

'Echoes of 1938' — Trump's peace plan undermines Europe's security, experts warn

U.S. President Donald Trump's plan for ending Russia’s war has been criticized as effectively imposing the Kremlin's terms for Ukraine’s surrender. But the plan also poses a direct threat to Europe's security architecture, analysts and diplomats believe. The proposal requires Ukraine to cede territory, limit its alliances, and sharply reduce its military — conditions far more sweeping than any proposal discussed in previous negotiation rounds. The plan is a major blow to the principles on whi

U.S. President Donald Trump, President Volodymyr Zelensky.

About Business

The Kyiv Independent’s Business Desk covers the biggest news in business, economics, and tech from Ukraine, as well as global developments that shape the economy of the region.

Most Popular

1.

The U.S. bipartisan Senate delegation attending the Halifax International Security Forum had received a phone call from Secretary of State Marco Rubio. In it, Rubio was quite frank. According to Republican Senator Mike Rounds, Rubio told senators that the 28-point peace plan drawn up by Special Envoy Steve Witkoff and his Russian counterpart, Kirill Dmitriev, was actually a Russian plan that the U.S. had agreed to pass along to Ukraine. "Secretary Rubio made a phone call to us this afternoon.

News Feed