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Explainer: How Ukraine’s biggest corruption scheme persisted despite all odds

Ukraine's largest corruption scandal in years came to light last year with a wave of arrests, sanctions, and a political shakeup. New revelations over the past few weeks suggest that produced little result. Last November, Ukraine’s anti-corruption authorities' Operation Midas uncovered a $100 million money-laundering and bribery scheme that implicated high-ranking officials and associates close to President Volodymyr Zelensky, largely through state-owned energy company Energoatom. At the cente

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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.

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Russia's total military losses in Ukraine have reached 1,500,870, Ukraine's General Staff said on Sept. 9, marking another grim milestone in the war for the Kremlin. It took roughly two years and three months for the Russian Armed Forces to incur their first 500,000 casualties. Moscow has now suffered roughly the same number in just the past 15 months, as technology increasingly shapes the battlefield and drones expand the kill zone almost daily. The Kremlin's total personnel losses in Ukraine

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