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.
Energy Minister Denys Shmyhal reported "a cascade shutdown" in Ukraine's power grid in the morning on Jan. 31.
Editor's Note: This story is part of the "Hidden Canon" – a special series celebrating Ukrainian classic literature and aiming to bring it to a wider international audience. The series is supported by the Ukrainian Institute. In Olha Kobylianska’s 1891 novella “A Human Being,” the heroine Olena commits an unforgivable transgression. Not adultery, not theft, not the abandonment of her family — her "crime" is intellectual freedom. She is a woman who thinks for herself and, far worse in the eyes
The Air Force said on Jan. 31 that Russia launched 85 drones against Ukraine overnight, of which 55 were Shahed-type drones. It said that it had downed 64 drones in the north, south, and east of the country.
Ukraine says it is working with SpaceX to stop Russian drones from using Starlink, after reports that satellite-connected UAVs are extending their range to strike deeper into Ukrainian territory.
The number includes 880 casualties that Russian forces suffered over the past day.
Iran's Supreme National Security Council Secretary traveled to Russia on Jan. 30 for a meeting with Russian President Vladimir Putin amid heightened tensions between Tehran and Washington.
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.
This is Chris York reporting from Kyiv on day 1,435 of Russia's full-scale invasion of Ukraine. Today's top story: Ukraine's Security Service (SBU) on Jan. 28 released a video compilation of what it claimed was the destruction of more than $1 billion worth of Russian military aircraft in long-range drone strikes conducted by its "A" Special Operations Center, also known as "Alpha." "The enemy is used to feeling safe in the deep rear. But for the special forces of 'Alpha,' distance has long ce
