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Ukraine heads for first economic decline since 2022 as Russian strikes take their toll
Ukraine’s National Bank said on Oct. 29 that the country’s economy will shrink by 0.4% this year, after revising its previous forecast of 1.8% growth.
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Friday, October 30
Russian attacks across Ukraine kill 27, injure 128 over past day as 'horrific attack' strikes Dnipro train station
Beyond strikes on Dnipropetrovsk Oblast, Russia launched ballistic missiles, four guided aerial missiles, and 113 Shahed-type drones, including 83 jet-powered drones, against Ukraine overnight on Oct. 30, according to Ukraine's Air Force.
EU announces two new drone technology hubs, backed by Ukrainian know-how
"In developing drones and counter-drone systems, Europe has one significant advantage: our partnership with Ukraine," said European Commissioner Valdis Dombrovskis.
'Russia's mass murder:' Drone strike on Dnipro station kills 15 amid deadly daytime attacks on Chernihiv, Kremenchuk
Despite the air raid alert and announcements of a heightened threat, people remained on the platform, Ukrainian railways added.
General Staff: Russia has lost 1,586,500 troops in Ukraine since Feb. 24, 2022
The number includes 1,590 casualties that Russian forces suffered over the past day.
Russian oil refinery reportedly attacked amid renewed Ukrainian strikes on energy infrastructure
The reported attack is being called a ‘resumption of strikes’ on various monitoring channels, being the first after an unofficial pause on Ukraine’s campaign against oil refineries that began in mid-October.
Drone attack reportedly kills worker at Russian-occupied Zaporizhzhia Nuclear Power Plant
The plant has repeatedly faced threats to nuclear safety, including drone attacks, disruptions to external power supplies, and incidents affecting plant workers.
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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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"I'm sending a sledgehammer message to shipping companies whose tankers are transporting illegal Russian diesel to our ports," Sen. Richard Blumenthal said. "Reverse course while there's still time."
