The National Bank of Ukraine (NBU) voted on Jan. 29 to cut its benchmark interest rate to 15%, the first change since March last year, as inflation cools and a new aid package from Europe eased pressure on the country's finances.
Russia launched a mass attack, targeting mines of DTEK, Ukraine's biggest private energy firm, the company said. One of the strikes hit a service bus in the town of Ternivka, which was transporting miners after their shift.
Key developments on Jan. 31-Feb. 1: * Ukraine sees 'real results' from blocking Russia’s Starlink use, defense minister says * Russia attacks bus carrying Ukrainian miners, kills 15, injures 15 * Ukraine, US, Russia to meet in UAE next week for new round of peace talks, Zelensky says * Russian attacks on Zaporizhzhia injure at least 9, maternity hospital damaged * Russian officials call for 'more powerful weapons' to attack Ukraine as temperatures drop SpaceX's initial steps to stop Russi
"Whether there are strikes or not, hundreds of buildings in Kyiv are still without heating. This means that the work being done in the city is not enough."
Ukraine, the U.S., and Russia are set to meet in Abu Dhabi on Feb. 4-5 for a new round of talks as part of ongoing efforts to negotiate a peace deal, President Volodymyr Zelensky said on Feb. 1.
Russian troops launched two attacks on the southern city of Zaporizhzhia on Feb. 1, injuring at least nine people, including a child, Governor Ivan Fedorov said.
In the latest episode of Ukraine This Week, the Kyiv Independent’s Anna Belokur explains how martial law shapes daily life in Ukraine amid the country's harshest winter since the full-scale invasion.
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.
Ukraine has distributed industrial boiler equipment delivered by Italy among communities in 10 regions as part of a broader support program aimed at strengthening the country’s heating infrastructure, Deputy Prime Minister Oleksii Kuleba said on Jan. 29.
