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.
A Ukrainian-produced self-propelled 155mm howitzer 2S22 Bohdana. (Defense Ministry)
Ukraine's defense industry is on track to produce 10 Bohdana howitzers this month, President Volodymyr Zelensky said on April 18.
The Bohdana is a domestically designed and produced self-propelled artillery system mounted on a six-wheeled truck chassis.
The highly mobile unit can fire NATO-standard 155 mm shells at a rate of up to five per minute.
The increasing number of Bohdanas being produced by Ukraine is part of a wider effort to ramp up domestic weapons production amid rising uncertainty surrounding military aid from the U.S.
"The share of our own production is constantly increasing," Zelensky said in a post on Telegram.
"The state signs serious, long-term contracts with our enterprises, which provide predictability, the ability to employ people, and attract investment.
"This month, our industry will produce 10 Bohdana self-propelled howitzers for the first time, and more will follow in May and later."
In late December last year, Zelensky said Ukraine had tripled its domestic production of equipment and weapons in 2023 compared to the year before.
Chris York is news operations editor at the Kyiv Independent. Before joining the team, he was head of news at the Kyiv Post. Previously, back in Britain, he spent nearly a decade working for HuffPost UK. He holds an MA in Conflict, Development, and Security from the University of Leeds.
Kateryna Denisova
