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'The key to ending the war is in Brussels' — Ukrainians react to Belgium's Russian asset loan opposition
Ukrainians say that Belgium's Prime Minister Bart de Wever holds the key to Russia's defeat, after he said that Russia's loss in Ukraine was a "total illusion." De Wever was speaking in an interview with Belgian newspaper La Libre on Dec. 2, the day before the European Commission announced a "reparations loan," a plan that could lend up to 210 billion euros in immobilized Russian central bank reserves to Kyiv. "But who really believes that Russia will lose in Ukraine? It's a fairy tale, a tota
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Ukraine hits Russian seaport, oil refinery in reported drone strikes
A fire caused damage to facilities at the Temryuk port in Krasnodar Krai, a major Russian hub and oil export terminal. Locals also reported explosions at the Syzran Oil Refinery in Samara Oblast.
US imposes $7 million penalty on company connected to sanctioned Russian oligarch
The U.S. Treasury Department on Dec. 4 fined New York-based property manager Gracetown Inc. more than $7 million for accepting payments linked to a company owned by sanctioned Russian oligarch Oleg Deripaska.
Exclusive: Finnish president warns Europe that US likely talked with Russia while negotiating with Ukraine
The discussion reflected growing concern in European capitals over Washington's posture as the latest peace push moves forward.
Unidentified drones reported near Zelensky's arrival route in Dublin, Irish media say
Irish outlet The Journal reported on Dec. 4 that four unidentified, “military-style” drones were seen breaching a no-fly zone near the expected flight path of President Volodymyr Zelensky’s plane as it arrived in Ireland earlier in the week, according to unnamed security sources.
US Congress has the power to help Ukraine. It’s time to use it
About the author: Gregory P. Wilson is a consultant, author, and former Deputy Assistant Secretary of the U.S. Department of the Treasury. Oct. 24 is not a memorable date, but it was an important moment for Ukraine in the United States. As the latest round of so-called “peace” negotiations flounders due to Russia’s intransigence, Kyiv is facing a significant financing gap to bolster its economy and defend its land from Russian President Vladimir Putin’s illegal aggression and nightly terror ca
Anti-graft agency detective, investigating Ukraine's largest corruption scandal, released from custody
The Kyiv Appeals Court ordered on Dec. 3 the release of Ruslan Mahamedrasulov, a detective with Ukraine’s National Anti-Corruption Bureau (NABU), who had been investigating the country's largest corruption case involving the state-run nuclear power monopoly Energoatom.
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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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"The Russian oil network... will continue to explode and burn," a source told the Kyiv Independent.
