The National Bank of Ukraine (NBU) voted on Jan. 29 to cut its benchmark interest rate to 15%, the first change since March last year, as inflation cools and a new aid package from Europe eased pressure on the country's finances.
Ukraine, the U.S., and Russia are set to meet in Abu Dhabi on Feb. 4-5 for a new round of talks as part of ongoing efforts to negotiate a peace deal, President Volodymyr Zelensky said on Feb. 1.
Russian troops launched two attacks on the southern city of Zaporizhzhia on Feb. 1, injuring at least nine people, including a child, Governor Ivan Fedorov said.
Russia launched a mass attack, targeting mines of DTEK, Ukraine's biggest private energy firm, the company said. One of the strikes hit a service bus in the town of Ternivka, which was transporting miners after their shift.
In the latest episode of Ukraine This Week, the Kyiv Independent’s Anna Belokur explains how martial law shapes daily life in Ukraine amid the country's harshest winter since the full-scale invasion.
Defense Minister Mykhailo Fedorov said a system would soon be introduced to ensure only authorized terminals can operate in Ukraine. Unverified terminals will be disabled.
On Jan. 24, Ukraine's Air Force reported intercepting nine Kh-32 missiles, drawing renewed attention to a weapon that Russia has until now used sparingly in attacks on Ukraine, but often with devastating consequences. Known for its high speed and steep flight profile, the missile has long posed a serious challenge for Ukraine’s air defenses, with advanced systems such as the U.S.-supplied Patriot among the few capable of countering it. The missile is extremely difficult to intercept, due to it
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.
Ukraine has distributed industrial boiler equipment delivered by Italy among communities in 10 regions as part of a broader support program aimed at strengthening the country’s heating infrastructure, Deputy Prime Minister Oleksii Kuleba said on Jan. 29.
