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Global consulting firm joins Ukraine minerals deal fund as investment advisor
Alvarez & Marsal has been tapped as the investment advisor for the U.S.-Ukraine minerals deal, officials announced on Nov. 14, the latest step in a widely-watched agreement to invest in Ukraine's critical resource sectors.
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How a trio of power brokers turned Putin’s US strategy into a quiet turf war
Russian President Vladimir Putin's outreach to the Trump administration — once seen as one of Moscow's most coordinated diplomatic efforts — now appears increasingly fractured. Putin's longtime foreign minister, Sergey Lavrov, is reportedly losing ground to Kirill Dmitriev, head of Russia's sovereign wealth fund, who aims to take a leading role in Russia's contacts with the Trump administration. Experts caution that Russia's internal dynamics are more nuanced than they appear. "They might be
US delays sanctions on Russian oil giant Lukoil, Bloomberg reports
Interest in Lukoil's overseas holdings has increased in recent days, Bloomberg reported on Nov. 14.
Kyiv firefighter called to battle blaze at his own apartment during mass Russia missile, drone attack
Serhii Vlasenko, 35, has served in Ukraine's Emergency Service for 15 years and was on duty as a shift supervisor when the attack occurred.
Ukraine confirms withdrawal from Novovasylivske amid Russian advances in Zaporizhzhia Oblast
Ukrainian forces withdrew from the village of Novovasylivske in Zaporizhzhia Oblast to "more favorable defensive positions," the Southern Defense Forces said on Nov. 15.
North Korea halves shell shipments to Russia as its own stockpiles run low, Ukraine's intelligence says
North Korean artillery supplies enabled Russia to maintain its firing rate in 2024, but this year, that support has declined markedly.
Rage, panic, and a glimmer of hope in Ukraine as corruption scandal unfolds
Ukraine is being rocked by the biggest corruption scandal of President Volodymyr Zelensky's term. In the halls of power in Kyiv, the mood is one of dread and uncertainty about what to expect next. "It's a huge blow, but the worst part of it is that I'm not sure that we are at the end of it, it might still be unfolding," a pro-government Ukrainian lawmaker speaking on condition of anonymity told the Kyiv Independent. "What I would recommend the president to do right now is to take serious acti
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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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At first glance, a YouTube interview with Philippe Marques Pinto looks like one of dozens of others in Ukraine’s long-running campaign to recruit South American soldiers to bolster its ranks in the fight against Russia. “I worked as a private security guard in Brazil, and when I arrived here, I got training, and it was just a question of adaptation,” Pinto says in an April 25, 2025, video for the Foreign Recruitment Center, a channel run by Ukraine’s Defense Ministry. But according to police i
