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German Chancellor Merz, President Zelensky, U.S. envoy Witkoff, and Kushner in Berlin, Germany, on Dec. 15, 2025.
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Art of the (peace) deal: Ukraine teases $800 billion economic peace plan to keep Trump on side

by Dominic Culverwell

Behind closed doors, Ukraine and its allies are discussing the war-torn country’s economic recovery alongside a potential peace deal. At the heart of these conversations is the new so-called Economic Prosperity Plan — a package "for economic recovery, restoring jobs, and bringing life back to Ukraine," President Volodymyr Zelensky told reporters on Dec. 30. Ukrainian officials say rebuilding the country and jump-starting long-term growth will require as much as $800 billion over 10 years — rou

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What the data says about Ukraine’s mobilization crisis

Critics like to chastise Ukraine for its heavy-handed mobilization tactics; more friendly observers view it as an area of strategic vulnerability. So, where does it stand now? The sometimes heavy-handed process of bundling unwilling men into vans is loathed by many and exploited by anti-Ukrainian propaganda — especially in the darker corners of social media. So it may come as a surprise that over the past 12 months, mobilization in Ukraine has grown less violent and more resistant to Russian t

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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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'Embarrassing' — We asked 3 experts why Venezuela's Russian-supplied air defenses were AWOL

A fire burns at Fuerte Tiuna, after a series of explosions in Caracas, Venezuela, on Jan. 3, 2026.

Of all the images that emerged from the U.S. military operation to capture Venezuelan leader Nicolas Maduro on Jan. 3, one of the most surreal was the sight of a fleet of American helicopters flying unchallenged over the skies of Caracas. Video from Caracas, Venezuela shows U.S. military helicopters, including CH-47 Chinook and V-22 Osprey aircraft, operating over Caracas alongside multiple explosions. The cause and context of the blasts remain unconfirmed. pic.twitter.com/owOx9X7DPP — George

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