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Ukraine heads for first economic decline since 2022 as Russian strikes take their toll
Ukraine’s National Bank said on Oct. 29 that the country’s economy will shrink by 0.4% this year, after revising its previous forecast of 1.8% growth.
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Friday, October 30
Oleshky evacuation begins but volunteer claims Russia already moved people outside of agreed terms
"Everyone who wishes to leave Oleshky will be given the opportunity to leave safely. At the same time, those who have decided to stay can stay and will receive all the necessary humanitarian support," Ukraine's Human Rights Ombudsman Dmytro Lubinets said.
Russia's legal siege over assets continues, costing Euroclear hundreds of millions of euros in 2026
Euroclear is facing "multiple proceedings in Russian courts," including a case launched by the Russian Central Bank that seeks to challenge the immobilization of its assets.
Russian attacks across Ukraine kill 27, injure 127 over past day as 'horrific attack' strikes Dnipro train station
Beyond strikes on Dnipropetrovsk Oblast, Russia launched ballistic missiles, four guided aerial missiles, and 113 Shahed-type drones, including 83 jet-powered drones, against Ukraine overnight on Oct. 30, according to Ukraine's Air Force.
EU announces two new drone technology hubs, backed by Ukrainian know-how
"In developing drones and counter-drone systems, Europe has one significant advantage: our partnership with Ukraine," said European Commissioner Valdis Dombrovskis.
'Russia's mass murder:' Drone strike on Dnipro station kills 15 amid deadly daytime attacks on Chernihiv, Kremenchuk
Despite the air raid alert and announcements of a heightened threat, people remained on the platform, Ukrainian railways added.
General Staff: Russia has lost 1,586,500 troops in Ukraine since Feb. 24, 2022
The number includes 1,590 casualties that Russian forces suffered over the past day.
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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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"I'm sending a sledgehammer message to shipping companies whose tankers are transporting illegal Russian diesel to our ports," Sen. Richard Blumenthal said. "Reverse course while there's still time."
