Business
'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
More from Business
News Feed
Ukraine war latest live: HUR says it destroyed Russian Su-24 tactical bomber, other targets in occupied Crimea
Ukraine's military intelligence agency, HUR, said its drones hit a Russian Su-24 tactical bomber as past of a series of eight "accurate strikes" on military targets inside Russian-occupied Crimea on Dec. 5.
Ukraine confirms drone strikes on seaport, oil refinery in Russia
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.
Putin wraps up first India visit in 4 years, touts 'privileged partnership' on oil, defense
President Vladimir Putin said Russia would continue supplying fuel to India's "rapidly growing economy," calling Moscow a reliable energy partner.
Poll: Majority of Americans think Ukraine territorial concessions, troop cap would hand victory to Russia
The More in Common survey shows strong international objections to key parts of the latest peace proposals being put forward by the White House.
Where is Ukraine's Donbas? 6 things to know about the region Russia wants to take
Russian President Vladimir Putin has drawn a stark new line in the war: Ukraine must withdraw its forces from the eastern Donbas region, or Moscow will seize it "by force," he warned on Dec. 4. The threat is hardly new — but the stakes are. President Volodymyr Zelensky has ruled out ceding territory. After a decade of trying and failing to take Donbas outright, the Kremlin is now tying any future ceasefire to Ukraine's capitulation on the region, raising the pressure as Moscow seeks to reshape
New US strategy document takes hard line on Europe's 'trajectory,' NATO expansion
The document says that it is in the U.S. interest to "negotiate an expeditious cessation of hostilities in Ukraine" to enable the country's post-war recovery, stabilization of European economies, and to "reestablish strategic stability with Russia."
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
"The Russian oil network... will continue to explode and burn," a source told the Kyiv Independent.
Editors' Picks
'The key to ending the war is in Brussels' — Ukrainians react to Belgium's Russian asset loan opposition
Youth exodus — Ukraine's young people are increasingly quitting their jobs to go abroad
Investigation: Secret visits to Moscow by China’s military expose deep defense cooperation, military procurement deals
