Ukraine is considering moving away from the U.S. dollar and closer to the euro as a benchmark for the hryvnia, National Bank Governor Andrii Pyshnyi told Reuters.
The Atesh partisan group claims it disabled communication at several Russian military facilities when it allegedly destroyed equipment at a transformer substation in the village of Mogiltsy in Russia's Moscow Oblast.
"The Russians are asking for a certain set of requirements, a certain set of concessions in order to end the conflict. We think they’re asking for too much," U.S. Vice President JD Vance said on May 7, according to Politico.
EU ambassadors began talks this week on a 17th sanctions package that targets Russia’s military-industrial complex, Moscow’s shadow shipping fleet, and related support networks.
German Chancellor Friedrich Merz said the trip is currently being coordinated and emphasized that the European Union must do “everything possible” to help secure a lasting cessation of hostilities beyond the upcoming weekend.
Russia launched 187 drones overnight, including Iranian-designed Shahed-type drones and five Iskander-M ballistic missiles, according to Ukraine's Air Force.
President Volodymyr Zelensky speaks during meeting on November 4, 2023 in Kyiv, Ukraine (Viktor Kovalchuk/Global Images Ukraine via Getty Images)
President Volodymyr Zelensky rejected the idea of presidential elections in Ukraine next year, labeling the topic as “irresponsible” in his video address posted on Nov. 6.
“I believe that now is not the right time for elections. And if we need to put an end to a political dispute and continue to work in unity, there are structures in the state that are capable of putting an end to it and giving society all the necessary answers. So that there is no room left for conflicts and someone else's game against Ukraine.”
Questions around corruption, fair mobilization, and democratic governance have captured the national discourse in Ukraine in recent months, leading some to speculate about the electoral process.
“We must realize that now is the time of defense, the time of the battle that determines the fate of the state and people, not the time of manipulations, which only Russia expects from Ukraine.”
Earlier Foreign Minister Dmytro Kuleba said that Zelensky is considering holding elections as scheduled in the spring of 2024. "We are not closing this page. The president of Ukraine is considering and weighing the different pros and cons," Kuleba said during an online appearance at the World Policy Conference.
Lance Luo (Li P. Luo) is a news editor at the Kyiv Independent. Previously, he worked at Radio Free Europe/Radio Liberty and Hromadske Television in Kyiv. He also spent three years in finance and strategy consulting. Mr. Luo graduated from the University of Southern California and serves as an arbitrator at FINRA.
Olga Aivazovska
