
Ukraine moves to speed up privatization of state-owned assets
If passed, the bill could help alleviate bottlenecks the State Property Fund has repeatedly faced when trying to sell state-owned assets and help shore up funds for the state budget.

If passed, the bill could help alleviate bottlenecks the State Property Fund has repeatedly faced when trying to sell state-owned assets and help shore up funds for the state budget.
Russia launched yet another large-scale ballistic missile attack on Kyiv overnight on Oct. 13-14, wreaking destruction in a residential neighborhood and targeting several energy facilities in Kyiv.

Ukraine liberated the villages of Zelena Dolyna, Lypove, and Kolodiazi, while Russia lost about 3,000 of its soldiers in the fourth stage of the operation, Ukraine's Third Army Corps reported on Telegram.

The funding will go towards drones, air defense systems, missiles, radars, electronic warfare systems, and ammunition, reads a European Commission press statement.

Ukraine relies on Starlink to operate its mid-strike drones in Russian-occupied Ukraine.

"This deal is a gift to our adversary and a betrayal of our Allies; it should be rescinded," reads the letter signed by six Democratic and six Republican senators.

"The strike was entirely deliberate and demonstrative in its scale," President Volodymyr Zelensky said, adding that "Russia does not consider the American President's statements strong."

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.

The U.K. has sanctioned Alexander Tattersall, a Dutch national, and Redwing Metal, the Turkish company he co-owns, nearly four months after a Kyiv Independent investigation revealed the firm had funneled EU-made industrial machinery to Russian metallurgical plants that supply the country's missile and fighter jet manufacturers. Tattersall and Redwing Metal were blacklisted as part of a package of 38 designations announced by the U.K. Foreign, Commonwealth and Development Office (FCDO) on Oct. 8



