Business
Belgian PM raises stakes on Kyiv lifeline, renewing opposition to Russian frozen-assets reparations loan
In a letter, sent on Nov. 27 and seen by the Kyiv Independent, Belgian Prime Minister Bart de Wever labelled the EU's "reparations loan" scheme as "fundamentally wrong," and argued that moving forward on the initiative could complicate an eventual peace deal.
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'It's a path to new war' — Why amnesty for Russian war crimes can't be part of Ukraine peace deal
A U.S.-backed 28-point peace plan leaked last month caused uproar in Ukraine and among its allies, among other reasons, because it contained a controversial point implying, in vague terms, a "full amnesty" for acts committed during the war. While Ukrainian officials later claimed that this clause had since been removed, critics fear that it could still return to the text, bringing with it a culture of impunity for war crimes. As talks aiming to secure a peace deal continued with a high-level U
Ukraine war latest live: HUR drones hit Russian air defenses in occupied Donbas
Hello, this is Chris York, reporting from Kyiv on day 1,378 of Russia’s full-scale invasion of Ukraine. While the international focus remains on Trump's peace deal negotiations in Moscow, our focus in this blog is on updates from the front: Our top story so far: Drones launched by Ukraine's military intelligence struck Russian air defense systems in occupied Donbas, the agency claimed on Dec. 2, knocking out a launcher from a S-300 SAM system, and two 1L125 Niobium-SV radar stations. "Such s
US envoy arrives in Moscow for high-stakes talks with Putin on ending war in Ukraine
Kremlin spokesperson Dmitry Peskov said Witkoff will present Putin with the latest version of the U.S.-Ukraine framework drafted during recent rounds of talks in Geneva and Florida.
Ukraine detains British ex-military trainer suspected of spying for Russia, SBU source says
The Security Service of Ukraine (SBU) has detained British citizen Ross David Cutmore, who came to Ukraine as a military instructor, on suspicion of working for Russian intelligence, an SBU source told the Kyiv Independent on Dec. 2.
Russian tanker reportedly hit by sea drones in Black Sea near Turkey
A Russian oil tanker reportedly came under a drone attack in the Black Sea while en route to a port in northern Turkey on Dec. 2, according to Turkish authorities.
Ukraine, US discuss safeguards against Russian strikes, potential ceasefire violations, Zelensky says
"Ukraine approaches all diplomatic efforts with utmost seriousness – we are committed to achieving a real peace and guaranteed security," Zelensky said.
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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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A Russian military victory in Ukraine would cost Europe twice as much as a Ukrainian victory, according to a new study by Corisk and the Norwegian Institute of International Affairs published on Nov. 25.
