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Chart of the week: Russian aerial attacks on Ukraine keep rising
Business

Chart of the week: Russian aerial attacks on Ukraine keep rising

by Luca Léry Moffat

Last week, Russia launched a large-scale aerial attack on Kyiv, pummeling the capital with hundreds of drones and multiple missiles. At least seven people were killed, and 29 were injured. The strike came two weeks after the previous large-scale assault — an interval that, for numbed Kyiv residents, felt like a long respite from the now-routine attacks. Russia has sharply increased attacks on Ukrainian cities in 2025. With winter approaching, recent attacks have largely focused on the country'

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Don’t get too excited about Ukraine’s big Rafale fighter jet deal just yet

President Volodymyr Zelensky’s recent announcements of long-term fighter jet deals with European allies presents an enticing vision of Ukraine’s future airpower — a fleet of hundreds of modern aircraft ready to defend the country's skies. But that vision clashes with the country’s immediate reality: Russian advances on the front line, a $60 billion budget shortfall, the biggest corruption scandal of Zelensky’s presidency inside his own administration, and the threat of the worst winter energy c

France’s President Emmanuel Macron (R) and President Volodymyr Zelensky (L) near Paris, France, on Nov. 17, 2025.

Putin’s plan for Ukrainian surrender does not serve American national interests

Ukrainians and their democratically elected leaders will have to assess how to deal with Putin’s latest 28-point proposal for Ukrainian surrender — sometimes referred to as “Trump’s peace plan.” It’s tricky because rejecting the plan entirely risks alienating President Donald Trump and his senior advisors. But as an American, my reaction is unequivocal. This Putin plan does not serve American national interests. The sooner Trump and his team amend it or abandon it, the better it will be for U.

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.

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The U.S. bipartisan Senate delegation attending the Halifax International Security Forum had received a phone call from Secretary of State Marco Rubio. In it, Rubio was quite frank. According to Republican Senator Mike Rounds, Rubio told senators that the 28-point peace plan drawn up by Special Envoy Steve Witkoff and his Russian counterpart, Kirill Dmitriev, was actually a Russian plan that the U.S. had agreed to pass along to Ukraine. "Secretary Rubio made a phone call to us this afternoon.

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