Business
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.
Business news
Created in collaboration between Kyiv Independent and KPMG Ukraine Gateway
An investor’s guide to
UKRAINE
More from Business
News Feed
Thursday, June 18
'Unprecedented' earnings: 2 years on from Russia-North Korea pact, here's what Putin, Kim have gained
June 19 marks two years since Vladimir Putin and Kim Jong Un signed a mutual defense treaty in Pyongyang, bringing Russia and the Democratic People's Republic of Korea (DPRK, or North Korea) into their closest alignment since the collapse of the Soviet Union. In the two years since, DPRK troops have fought alongside Russian forces in the war against Ukraine. North Korean missiles have struck Ukrainian cities, and millions of exported artillery shells have helped fuel Russia's war machine. In re
Bulgaria to seek removal of Russia's Patriarch Kirill from EU sanctions list, prime minister says
"Bulgaria will ask Patriarch Kirill to be removed from the sanction package," Bulgarian Prime Minister Rumen Radev said.
Tulsi Gabbard's last pass to Russia
Outgoing U.S. National Intelligence Director Tulsi Gabbard's declassification of intelligence that she claims reveals U.S. funding for biological laboratories, including in Ukraine, was quickly amplified by Russian propaganda bot networks, the Kyiv Independent has learned. The claims themselves are hardly new. Russian propaganda outlets have pushed variations of the same narrative for years, and Gabbard herself promoted similar allegations before joining the Trump administration. Information
Zelensky says anti-ballistic cooperation with allies should yield results by winter
"Russian ballistic missiles remain a problem, and we need an answer to that problem," President Volodymyr Zelensky said.
How 'Russophobia' becomes a tool against political resistance
Russia's new law authorizing the use of military force abroad to "protect Russian citizens" allows the Kremlin to deploy troops beyond Russia's borders if Russian citizens are deemed to face arrest, detention, trial, or other forms of perceived persecution by foreign states or international courts. Many will read this primarily as a possible legal basis for future intervention. Yet there's one more application we should all be aware of. Russia has previously justified military action beyond it
UK to send Ukraine 150,000 drones, air defense systems using proceeds from frozen Russian assets
The U.K. will provide Ukraine with 150,000 drones and more than 350 air defense missiles and radar systems under a new military aid package worth 752 million pounds ($1 billion), the British government announced on June 18. The package, unveiled during the NATO defense ministers' meeting and Ukraine Defense Contact Group (UDCG) gathering in Brussels, will be financed through the U.K.'s 2.26 billion-pound ($3 billion) Extraordinary Revenue Acceleration (ERA) loan to Ukraine, backed by proceeds g
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
1.
Lukashenko says Belarus poses no military threat to Ukraine, apologizes to Zelensky for past remarks
Belarusian leader Alexander Lukashenko said that Belarus poses no military threat to Ukraine and apologized to President Volodymyr Zelensky for previous harsh remarks, according to an interview with Al Arabiya.
