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Ukraine attracts 200 million euros for its recovery via infrastructure investment fund at Davos
The Amber Dragon Ukraine Infrastructure Fund is the first dedicated to modernizing and rebuilding Ukraine’s infrastructure.
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Thursday, January 22
Zelensky arrives in Davos for talks with Trump as US envoy prepares to meet Putin
Zelensky's spokesperson, Serhiy Nikiforov, said the meeting with Trump is scheduled for 1 p.m. CET.
Exclusive: American, European microchips found in Russia's latest missile-like drone
On one of the first days of 2026, the Ukrainian military downed a Russian drone of a new type. It was identified as Geran-5, a fast and long-range drone. It shares the name with the Russian copies of Iranian Shaheds — Geran-1, Geran-2, Geran-3, and Geran-4 — and is made by the same Russian manufacturer and with similar components. But the new drone is quite different from the earlier Geran ones. The Geran-5 drone resembles a winged missile, unlike Russian Shahed-type drones — triangular and d
Trump says Putin accepted Board of Peace invite — while Russia mulls paying for permanent seat with frozen assets
"Given the special relationship with the Palestinian people, Russia could direct $1 billion from Russian assets frozen under the previous U.S. administration to the Board of Peace," Putin said, referring to Trump's indications that a $1 billion payment would secure a permanent seat on the board.
Trump announces 'infinite' Greenland deal framework, backs off tariff threats against European allies
"This solution, if consummated, will be a great one for the United States of America, and all NATO Nations," U.S. President Donald Trump said.
Ukrainian drones reportedly strike oil terminal in southern Russia's Krasnodar Krai, killing 3
An oil terminal near the village of Volna in Russia's Krasnodar Krai was struck, sparking a blaze, killing three people and injuring eight others, Governor Veniamin Kondratyev and independent media reported late on Jan. 21.
Thursday, January 22
Over half a million left Kyiv in January amid Russia's energy blitz, mayor Klitschko says
Klitschko's press service told the Kyiv Independent that the 600,000 number was calculated from mobile phone billing data.
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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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Ukraine needs at least $27 billion in military equipment from non-European Union sources in 2026, highlighting the bloc's dependence on American technology to support Kyiv, negotiating documents show. The EU is set to spend 60 billion euros ($70 billion) on Ukraine's defense as part of a larger 90-billion-euro support package agreed in December, an unprecedented sum that European leaders hope will reboot its military industrial base and support the Ukrainian military’s continued operation durin
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Europe loads 'trade bazooka,' ready measures against Trump's Greenland tariff threats
Facing Russia and global shifts, Moldova’s Sandu opens door to reunification with Romania
Zelensky picks a fight with Kyiv Mayor Klitschko as mismanagement, Russian attacks push city to the brink
