OECD: Russia's war in Ukraine will cause $2.8 trillion in global economic losses

11:25 PM

EU to allocate $36 billion of financial support to Ukraine.

The European Union will provide 35 billion euros ($36 billion) in financial assistance to Ukraine in 2025 through the G7 ERA credit initiative and the Ukraine Facility program, European Commission's vice-president and trade commissioner announced on Jan. 22.

10:06 PM

War update

Ukraine war latest: Ukraine's Special Forces say they killed 21 North Korean soldiers, show combat footage

9:51 PM

Scandal-hit 155th Ukrainian Brigade commander in custody with $2.1 million bail, media reports.

The former commander of the scandal-hit Ukrainian 155th "Anne of Kyiv" Brigade has been remanded in custody with a bail of Hr 90 million ($2.1 million), Hromadske reported on Jan. 22.

9:39 PM

Ukraine's OnlyFans content creators declare more than $7 million in income.

After the country's tax service sent out requests to Ukrainian citizens who earn money on the platform, 451 people sent in declarations totaling Hr 326.1 million ($7.76 million) for the period of 2020-2022, Ekonomichna Pravda reported on Jan. 22, citing information requested from the country's tax service.

8:51 PM

Ukraine's energy giant DTEK to invest $468 million in expanding Black Sea wind power plant.

"The commitment is the largest private sector investment in Ukraine since russia’s full-scale invasion in 2022 and the biggest ever private investment in Ukraine’s energy sector," DTEK said in a press release.

8:13 PM

Prisoners of war

How Ukraine lost faith in the Red Cross and UN

8:09 PM

KI Insights

Ukraine's Next Election: Political Forces to Watch in 2025

6:47 PM

'We can do it the easy way or the hard way,' Trump says to Russia on ending the war in Ukraine.

"If a deal is not reached, I will have no other choice but to put high levels of taxes, tariffs, and sanctions on anything being sold by Russia to the United States and other participating countries," President Donald Trump posted on his social media platform Truth Social.

6:25 PM

Photos

In photos: Grinding war in Donetsk Oblast through the lens of photojournalist-turned-soldier

6:17 PM

Zelensky touts Ukraine's potential in meeting with global investors at Davos forum.

President Volodymyr Zelensky met leading American and European executives and business leaders at the World Economic Forum in Davos, Switzerland, on Jan. 22, emphasizing Ukraine's investment potential and the importance of international support in achieving a just peace.

5:48 PM

Video

Russian economy after 3 years of sanctions.

The Kyiv Independent sat down with Timothy Ash, an associate fellow in the Russia and Eurasia program at Chatham House, to discuss Russia's current economic situation.

5:17 PM

Trump & Ukraine

What Trump’s 90-day pause on US foreign development assistance means for Ukraine

4:09 PM

One-fifth of Ukrainians would move abroad if travel restrictions were lifted, survey shows.

Should the borders open again for all citizens, 70% of the respondents said they would not want to move to another country for permanent residence, while 21% said they are ready to do so, according to a recent survey.

2:57 PM  (Updated:  January 22, 2025 3:31 pm)

Trump & Ukraine

‘It needs to end’ — State Secretary Rubio’s position on Russia’s war against Ukraine.

As state secretary, Marco Rubio will oversee the implementation of the president's foreign policy, including that relating to Russia's full-scale war — which wasn't directly referred to during Donald Trump's inauguration speech.

3:12 PM

Russia lacks manpower for major breakthrough in Ukraine, top NATO general says.

Russia lacks the manpower for a big breakthrough in Ukraine, NATO's Supreme Allied Commander in Europe, General Christopher Cavoli said during a discussion on the sidelines of the World Economic Forum in Davos on Jan. 21.

7:12 PM  (Updated:  January 22, 2025 3:02 pm)

Cybersecurity

Massive Russian hack on Ukrainian database shows cracks in digitalization drive

2:41 PM

Russia issued ultimatum to Ukraine in 2022 to replace Zelensky with Medvedchuk, president says.

Russia wanted to install pro-Kremlin oligarch Viktor Medvedchuk as Ukraine's president after forcing President Volodymyr Zelensky to step down, the Ukrainian head of state said on Jan. 22, citing a Kremlin ultimatum he received in the early days of the full-scale war.

2:12 PM

'Well-known' Dnipro lawyer detained for allegedly aiding Russian missile strikes.

The Security Service of Ukraine (SBU) detained a lawyer from Dnipro suspected of aiding Russian missile strikes against the city and then attempting to flee the country, the SBU said on Jan. 22.

1:22 PM

Ukraine's Special Forces say they killed 21 North Korean soldiers, show combat footage.

Soldiers of the 8th Regiment of Ukraine's Special Operations Forces resisted an assault of North Korean soldiers in Russia’s Kursk Oblast for eight hours, killing 21 and wounding 40, the unit said on Jan. 22.

12:38 PM

Zelensky meets German opposition leader, Israeli president at Davos forum.

President Volodymyr Zelensky separately met with German opposition leader Friedrich Merz and Israeli President Isaac Herzog on the sidelines of the World Economic Forum in Davos on Jan. 22.

12:08 PM

Ukraine's NATO prospects depend on Trump, Zelensky says.

"Everything depends on the United States. If Trump is ready to see Ukraine in NATO, we will be in NATO, everyone will be in favor. If President Trump is not ready to see us in NATO, we will not be in NATO," President Volodymyr Zelensky told journalists in Davos.

11:45 AM

Kyiv court arrests 3 senior officers accused of failed defense of Kharkiv Oblast.

A Kyiv court arrested General Yurii Halushkin, General Artur Horbenko, and Colonel Illia Lapin, three officers accused of leading an unsuccessful defense in Kharkiv Oblast during a Russian offensive last year, Suspilne reported on Jan. 21.

10:48 AM

Western intelligence agencies kept contact with Russia during full-scale war, Zelensky says.

"The U.S. and Russia maintained contacts on various levels during the three years of the war… and Europeans too," President Volodymyr Zelensky said in a meeting with international journalists.

10:17 AM

Russian attacks against Ukraine kill 2, injure 29 over past day.

Russian attacks across Ukraine killed at least two people and injured at least 29 over the past day, regional authorities reported on Jan. 22.

9:46 AM

Top Putin aide's son investing in the West despite sanctions, media reports.

Vladimir Kiriyenko, son of Russian President Vladimir Putin’s Deputy Chief of Staff Sergei Kiriyenko, has continued making investments in the West through offshore companies despite sanctions, The Moscow Times reported on Jan. 21.