
Ukraine holds key rate at 15% as inflation risks persist after Middle East energy shock
The bank said that inflation slowed in May to 8.2%, after a bump from 7.4% in January to 8.6% in April, partly driven by the war in the Middle East.

The bank said that inflation slowed in May to 8.2%, after a bump from 7.4% in January to 8.6% in April, partly driven by the war in the Middle East.
Ukraine's Air Force said Russia launched 90 Shahed-type attack drones overnight on June 19. Air defenses downed 79 drones, while nine hit targets across eight locations.

The number includes 1,370 casualties that Russian forces suffered over the past day.

A federal court has temporarily halted the operations of 15 corporations and eight individuals under the Kyiv-based firm Genesis Tech, which the U.S. Federal Trade Commission said in a public statement deceived consumers with hidden costs, recurring charges, and convoluted mechanisms to cancel subscriptions.

Russian forces launched several glide bombs on Kharkiv overnight on June 19, damaging dozens of homes and injuring at least six people, local officials reported.

Editor's note: This investigation is a collaboration between The Kyiv Independent (Ukraine), IrpiMedia (Italy) and OCCRP. Key findings * A Turkish company co-owned by an EU national shipped EU-made equipment to Russian defense plants despite European export restrictions, customs records reveal. * The Russian plants use such equipment to produce metal alloys, later used to make missiles and fighter jets. * Two plants that benefit from the scheme belong to the son-in-law of Igor Zavyalov, lo

Ukraine's allies collectively pledged $4 billion in military aid to Ukraine, Defense Minister Mykhailo Fedorov said following the conclusion of the Ramstein-format meeting in Belgium on June 18.

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.

At least 17 people, including two children, were injured in Moscow Oblast in the attack, Russian authorities claimed.



