Business
Ukraine's central bank holds rate steady despite falling inflation
The National Bank of Ukraine voted to keep its benchmark interest rate unchanged at 15.5%, amid steep uncertainty over the country's financing next year.
Business
More from Business
News Feed
Friday, December 12
Russia’s Yaroslavl oil refinery reportedly on fire after overnight drone attack
Editor's note: This is a developing story and is being updated. Russia’s Slavneft-YANOS oil refinery in Yaroslavl, one of the country’s five largest, is reportedly on fire after being struck in an overnight drone attack on Dec. 12, officials and local Telegram channels said. Residents reported at least seven explosions over the city, followed by reports of a fire at the Slavneft-YANOS refinery, located more than 700 kilometers (435 miles) from the Ukrainian border. Open-source intelligence (O
Russian attack on Odesa damages critical infrastructure, leaves parts of the city without power and water
A Russian airstrike on Odesa on Dec. 12 damaged infrastructure and left parts of the city without electricity and water, the head of the Odesa Military Administration, Serhiy Lysak, reported.
Drone reportedly hits apartment building in Russia's Tver, officials say 7 injured
A drone explosion damaged the lower floors of a residential building in the Russian city of Tver on Dec. 12, injuring at least seven people, according to regional officials and local Telegram channels.
Friday, December 12
Trump 'extremely frustrated' with Russia, Ukraine amid slow peace progress, White House says
U.S. President Donald Trump is "extremely frustrated" with both Russia and Ukraine amid ongoing diplomatic efforts to end the war, White House press secretary Karoline Leavitt said during a Dec. 11 press briefing, as the United States weighs whether to join Ukraine and European partners for talks this weekend.
Europe's dilemma: Supporting Trump's Ukraine peace plan while hoping he walks away
U.S. policy choices are forcing Europe into a strategic moment it long tried to avoid. As Washington sidelines allies, rewrites its National Security Strategy, and negotiates peace proposals for Ukraine, the foundations of the continent's security are shaking. For many in European capitals, the realization is sinking in: Europe may soon need to protect itself in ways it has never had to since World War II. Experts say the understanding is already there. What's missing is unity — and time. "T
Poland detains Russian archaeologist accused of damaging cultural sites in occupied Crimea
Polish authorities have detained Alexander Butyagin, a Russian archaeologist accused of causing extensive damage to historical sites in occupied Crimea, at the request of Ukraine's prosecutor general, Polish media reported Dec. 11.
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.
Protesters recorded a video appeal to Russian President Vladimir Putin, saying the removal of support would leave them unable to survive financially.
