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How Russia is using Cold War-era treaties to undermine Ukraine, Europe

As sanctions increasingly weigh on the Russian economy, businesses and tycoons linked to the Kremlin are launching billions of dollars in claims under Cold War–era treaties — opening legal fronts against Ukraine and its Western supporters beyond their own courts. The Ukrainian-born Russian financier Mikhail Fridman is behind five claims and is seeking 16 billion euros in damages over Luxembourg’s freezing of his assets, while a company he co-owns with Pyotr Aven is claiming $1 billion over Ukra

Moscow's Arbitration Court holds a hearing for Russia's Central Bank lawsuit against Euroclear, Jan. 16, 2026.

Russian FPV drone hits bus in rush hour attack as strikes kill 9, injure 51 across Ukraine

At around 9 a.m., a Russian FPV drone, guided by a Russian operator, deliberately struck a passenger bus in central Nikopol, Dnipropetrovsk Oblast, killing three people and injuring 16 others. Three of the wounded are in critical condition. Earlier, an 11-year-old boy was killed and five people were injured in another attack in the region, , Governor Oleksandr Hanzha reported.

About Ukraine

The Kyiv Independent delivers reliable news, context, and on-the-ground reporting from Ukraine. The largest country located entirely in Europe, Ukrainian territory covers 603,628 square kilometers (233,062 square miles), and is bordered by seven countries, namely Russia, Belarus, Poland, Slovakia, Hungary, Romania, and Moldova. Ukraine traces its history back to the medieval state of Kyivan Rus.

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