Business

Chart of the week: Russian aerial attacks on Ukraine keep rising
Last week, Russia launched a large-scale aerial attack on Kyiv, pummeling the capital with hundreds of drones and multiple missiles. At least seven people were killed, and 29 were injured. The strike came two weeks after the previous large-scale assault — an interval that, for numbed Kyiv residents, felt like a long respite from the now-routine attacks. Russia has sharply increased attacks on Ukrainian cities in 2025. With winter approaching, recent attacks have largely focused on the country'
More from Business
News Feed
'One of the most difficult moments' — Zelensky addresses Ukraine amid controversial US peace plan
President Volodymyr Zelensky was responding to growing concerns over a new peace proposal that reportedly reflects Russia's longstanding demands.

'A plan of capitulation' — US push for controversial peace plan met with backlash in Ukraine
Amid mounting pressure from the White House, Kyiv is now grappling with a U.S. 28-point peace plan that many in the country view as a "capitulation." Ukrainian activists, lawmakers, soldiers and veterans warn that the proposal could strengthen Russia's position, leading to further conflict rather than resolution — and not just on the front lines, but on the streets of Ukraine. Volodymyr Ariev, a lawmaker with the opposition European Solidarity party, said that the leaked plan appears to be "a

US official contradicts Ukraine’s Umerov’s claim that he didn’t amend peace plan
The draft reportedly originally proposed an audit of all international aid to Ukraine, but the language was later changed to offer "full amnesty for actions during the war" to all parties involved.

European leaders push back on surprise Ukraine peace deal, affirm support for Kyiv
European leaders pushed back on Nov. 21 against parts of a new and controversial U.S. plan for peace in Ukraine.

How war is shaping Ukraine’s next generation of engineers
In Kharkiv, a city living under constant Russian fire, students are shaping Ukraine’s future from underground classrooms and makeshift labs.

Ukraine calendar: What will happen this week
Editor's note: This article is a shortened on-site version of KI Insights' public newsletter, The Week Ahead, covering events from November 23-30. Sign up here to start your week with an agenda of Ukraine-related events delivered directly to your inbox every week. The United States is pressuring Ukraine to sign a peace agreement by Thursday 28 November - the date of the US ‘Thanksgiving’ national Holiday. The 28-point proposal was drafted by U.S. special envoy Steve Witkoff together with Russia

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
At first glance, a YouTube interview with Philippe Marques Pinto looks like one of dozens of others in Ukraine’s long-running campaign to recruit South American soldiers to bolster its ranks in the fight against Russia. “I worked as a private security guard in Brazil, and when I arrived here, I got training, and it was just a question of adaptation,” Pinto says in an April 25, 2025, video for the Foreign Recruitment Center, a channel run by Ukraine’s Defense Ministry. But according to police i





















