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'Clearing up the mess' — Ukraine's oil and gas giant gets new supervisory board
The new board comes amid a renewed push to reform Ukraine’s state-owned enterprises, which dominate the energy, banking, and infrastructure sectors.
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Tuesday, March 3
Ukraine receives IMF cash cushion as huge funding gap remains unsolved
Ukraine received its first payment of $1.5 billion under a new International Monetary Fund program, Prime Minister Yulia Svyrydenko said on March 3.
Battle over Russia's frozen assets reaches EU's General Court
The case was brought before the European Court of Justice in Luxembourg.
Ukrainian team barred from wearing Ukraine map on uniform at Winter Paralympics
The International Paralympic Committee barred Ukraine’s Paralympic team from wearing their ceremonial uniform for the upcoming Winter Games, saying the design featuring a map of Ukraine was political, according to National Paralympic Committee President Valerii Sushkevych.
At least 6 killed, 35 injured in Russian attacks on Ukraine over past day
Russia launched 136 drones at Ukraine overnight, the Air Force said, reporting that Ukrainian air defenses intercepted 127 unmanned aircraft. At least five drones evaded defenses and struck three locations. Fallen debris was recorded in three locations.
General Staff: Russia has lost 1,268,520 troops in Ukraine since Feb. 24, 2022
The number includes 790 casualties that Russian forces suffered over the past day.
'Wars can be fought forever’: Trump claims US has ‘virtually unlimited’ weapons stockpile
U.S. President Donald Trump said on March 2 that U.S. munitions stockpiles are stronger than ever, stating in a post on Truth Social that supplies at the medium and upper-medium levels have “never been higher or better” and that the country has a “virtually unlimited supply of these weapons.”
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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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Russia's image as a reliable ally has suffered yet another blow as Supreme Leader Ayatollah Ali Khamenei was killed in joint U.S.–Israeli strikes across Iran on Feb. 28, marking a fresh outbreak of hostilities in the Middle East. So far, Moscow's response to the U.S.–Israeli bombardment of hundreds of targets in Iran has been limited to diplomatic support for Tehran, even as U.S. President Donald Trump has openly called for a change of regime. The latest development highlights Iran's junior ro
