Banking

7:45 PM

Ukrainian drones destroy Russian Smerch-2 rocket launcher in Donetsk Oblast.

Soldiers of the 63rd Separate Mechanized Brigade, part of the Steel Lions unit, shared footage on Feb. 11 showing a rare Russian Smerch-2 anti-submarine rocket launcher being destroyed by drones in the Lyman sector of the front line in Donetsk Oblast.

6:02 PM  (Updated:  February 11, 2025 7:38 pm)

US Treasury Secretary to visit Ukraine, meet Zelensky.

U.S. Treasury Secretary Scott Bessent will visit Ukraine this week to discuss a potential deal between Kyiv and Washington on critical minerals, Bloomberg reported on Feb. 11, citing undisclosed sources.

6:16 PM

London-based digital bank Revolut officially launches in Ukraine.

British fintech company Revolut officially launched its services in Ukraine after a beta testing phase, introducing a special Clear Sky debit card in Ukraine's national blue and yellow colors, the company announced on its website on Feb.11.

5:55 PM

Opinion

Ukraine can help dismantle Russia’s influence in the Middle East

5:27 PM

Ukraine could trade territory in potential peace talks with Russia, Zelensky says.

President Volodymyr Zelensky said he planned to exchange territories if U.S. President Donald Trump succeeds in bringing Ukraine and Russia to the negotiating table, according to an interview with The Guardian published on Feb. 11.

5:19 PM

Chinese refiners offered discounted Russian oil as US sanctions deter buyers, Bloomberg reports.

Chinese refiners are being offered Russian ESPO crude at discounted prices as rising concerns over U.S. sanctions create logistical and administrative challenges, deterring buyers, Bloomberg reported on Feb. 11.

4:33 PM

Ukraine secures $58 million grant from Japan for reconstruction.

The funds will be provided through the Japan International Cooperation Agency (JICA).

4:23 PM

US envoy in Moscow holds talks with Russian deputy FM.

Russia's Foreign Ministry spokesperson Maria Zakharova said the meeting focused on "the activities of foreign agencies." The last reported meeting of this kind was in December 2022.

3:24 PM

Parliament approves controversial purchase of Russian nuclear reactors from Bulgaria.

Ukraine's parliament voted in favor of buying two Russian-made reactors from Bulgaria for the Khmelnytskyi Nuclear Power Plant, lawmaker Yaroslav Zhelezniak said on Feb. 11.

2:57 PM

Ukrainian armed forces

Ukraine’s army is reforming its structure. Will it help the fight against Russia?

2:44 PM

Opinion

With cuts looming, it's time to reform Ukraine’s humanitarian aid system

2:22 PM

Russia records worst-ever ranking in key corruption index.

Transparency International highlighted that Russia's full-scale invasion of Ukraine has further entrenched authoritarianism, with the Kremlin suppressing dissent, redirecting resources to its military agenda, and eliminating independent voices.

1:58 PM

North Korea has sent 200 long-range artillery guns to Russia, Seoul says.

Seoul further warned that Pyongyang is likely preparing to send additional troops and arms to back Russia's war in Ukraine, confirming earlier warnings by the Ukrainian intelligence.

1:29 PM

US to consult allies on Ukraine peace plan, seeks Europe's arms purchases for Kyiv, media report.

Keith Kellogg, Trump's envoy for Ukraine and Russia, reportedly assured European diplomats that NATO allies would be consulted before finalizing any proposal.

1:01 PM

6 injured in Russian airstrike on Kharkiv Oblast village, including child.

A 12-year-old boy was among the injured. Three of the victims have been hospitalized, while the others were provided medical assistance on the spot, Governor Oleh Syniehubov reported.

12:32 PM

Russia concerned with weakening sway over allies amid Western pressure, FT reports.

Russian officials are concerned that the Western sanctions are undermining Russia's economic influence over countries in its close neighborhood and the Global South, the Financial Times reported on Feb. 10, citing a leaked government report.

11:19 AM

3 killed, 17 injured in Russian attacks across Ukraine over past day.

Overnight, Russia launched 124 Shahed-type combat and decoy drones, according to the Air Force. Ukrainian air defenses successfully shot down 57 drones across 11 oblasts, while 64 others were lost without causing damage.

10:56 AM

Ukraine strikes Russia's Saratov oil refinery, military confirms.

"The refinery mainly produces gasoline, fuel oil, and diesel fuel. In total, more than 20 types of oil products (are being produced there)," the General Staff said.

10:49 AM

Trump signs 25% tariff on steel, aluminum imports; Ukraine's economy to feel the effect.

First Deputy Prime Minister and Economic Development Minister Yulia Svyrydenko said that the decision to impose tariffs will naturally affect Ukraine's steel industry.

9:22 PM  (Updated:  February 11, 2025 10:38 am)

Trump & Ukraine

Trump wants Ukraine’s ‘rare earths’ — What critical materials does it actually have?

9:12 AM

Updated: Russian strike damages Naftogaz facilities in Poltava Oblast.

The attack, which included strikes on gas infrastructure overnight and continued into the morning, has further strained Ukraine's energy grid.

9:00 AM

Drone strike reportedly targets Russia's key Saratov oil refinery.

"The Saratov Oil Refinery is one of the key facilities in Russia's fuel infrastructure. Its refining capacity reaches 7 million tons of oil annually," Andrii Kovalenko, head of Ukraine's Center for Countering Disinformation, said.

8:43 AM

‘Ukraine may be Russian someday,’ Trump suggests while announcing $500 billion rare earth 'agreement.'

"They (Ukraine) may make a deal. They may not make a deal... But we’re going to have all this money in (Ukraine) and I say, I want it back," U.S. President Donald Trump said.

8:14 AM

General Staff: Russia has lost 851,880 troops in Ukraine since Feb. 24, 2022.

This number includes 1,390 casualties Russian forces suffered just over the past day.

6:59 AM

Lithuania to allocate $32 million for education of Ukrainian refugees.

Lithuania will allocate nearly 32 million euros ($32.9 million) in 2025 to support the education of Ukrainians who have relocated to the country due to the war, Lithuanian broadcaster LRT announced on Feb. 9.