The restart of flights is vital for rebuilding Ukraine's economy, a process that cannot start unless "somebody gives the airports a kick up the backside," Ryanair CEO Michael O'Leary said.
"G7 decision that those assets are not going back to Russia unless Russia pays for its damages is something which is already decided. And it's important to stick with this decision," EU Economy and Trade Commissioner Valdis Dombrovskis said.
U.S. President Donald Trump’s administration is reportedly ready to lift sanctions on Russia imposed after the start of the full-scale invasion, in a reversal of U.S. policy toward Moscow during its war against Ukraine. The White House is preparing a plan to potentially give Russia sanctions relief
An agreement on Ukraine’s natural resources collapsed after a heated argument in the Oval Office on Feb. 28 between Ukrainian President Volodymyr Zelensky and U.S. President Donald Trump and his Vice President JD Vance, casting doubt on the deal’s future. Following weeks of tough negotiations, Kyiv and
As Kyiv and Washington celebrate agreeing to jointly develop Ukraine’s natural resources after weeks of tense negotiations, the deal still has a long way to go before the money starts flowing. Officials, experts, and those close to the deal say the current version of the agreement is an improvement
LATEST: Kyiv, Washington reach agreement on minerals deal. The media cycle around a natural resources deal between Washington and Kyiv has been nonstop as the two sides lock horns over an agreement that has escalated from speculative critical minerals to Ukraine’s fruitful oil and gas sector. The relationship between
President Volodymyr Zelensky pushed back at the U.S.’ demand for a $500 billion deal for its natural resources, saying that the U.S.’s aid grants are not debts, during the Ukraine: Year 2025 forum in Kyiv on Feb. 23.
Umerov did not specify what the alternatives were or go into details about the discussions. Last month, the Digital Transformation Ministry told the Kyiv Independent that Starlinks were still a critical part of communication on the frontline and that a new order was underway.
Yulia Svyrydenko's comment comes as Kyiv and Washington negotiate a deal for Ukraine’s natural resources in return for support and security guarantees.
Andrii Sybiha noted that this is the goal of President Volodymyr Zelensky and told partners that “it is time to fasten our diplomatic seat belts” and “not give in to emotions.”
"Canada is not ready for a change in the membership of the G7 and is standing its ground," Canadian Ambassador to Ukraine Natalka Cmoc said.
Within weeks of U.S. President Donald Trump saying he wanted to do a deal with Kyiv on its “rare earths and other things,” it became clear the U.S. wasn’t just interested in Ukraine’s critical minerals and rare earth elements. U.S. Treasury Secretary Scott Bessent visited
Russia has resorted to a "shadow fleet" to transport its oil and gas to get around Western sanctions and price caps. The Kyiv Independent spoke with Elisabeth Braw, a senior fellow with the Atlantic Council's Transatlantic Security Initiative, to find out what options the West has and how dangerous the shadow fleet actually is.
Ukraine’s steel producers are now looking abroad to stay alive after the closure of the country's last operating coking coal mine in Pokrovsk last month. Miners were working up until Jan. 13 when the Metinvest Group, the mine’s owner, halted production completely and evacuated employees as Russian troops
U.S. President Donald Trump said on Feb. 3 he was looking to cut a deal with Ukraine by giving the war-torn country weapons and aid in return for its “rare earths and other things.” But what exactly did Trump mean and what does Ukraine have to offer to the U.S?
President Donald Trump declared on Feb. 3 that he was looking to "do a deal with Ukraine" by giving the war-torn country weapons and aid in return for its "rare earths." "They're going to secure what we're giving them with their rare earths and other things," Trump told reporters in
“Further delays threaten critically important supplies to the Armed Forces of Ukraine, and destroy the trust of donors and partners,” Bezrukova said.
Maryna Bezrukova has overturned the decision to remove her name from the state enterprise register as director of the Defense Procurement Agency (DPA), the agency said on Jan. 30.
Over the last week, Ukraine House Davos opened its doors to world leaders and investors for the sixth year in a row during the World Economic Forum in Switzerland. Ukraine House this year was adorned with the slogan “Your Country First, Win With Us.” The message set the tone for
Ukraine’s lengthy efforts to clean up its weapons procurement are in danger of being unwound as the Defense Ministry strangleholds the Defense Procurement Agency, say anti-corruption activists and lawmakers. Defense Minister Rustem Umerov announced on Jan. 24 that he would not renew the contract of Maryna Bezrukova, the head
In the run-up to his departure from the White House, President Joe Biden has slapped a number of major new sanctions on Russia’s financial systems and energy sector. The U.S. originally threatened Russia with “the mother of all sanctions” as Moscow prepared to invade Ukraine in February 2022.
Ukraine’s decision to end the gas transit deal with Russian energy giant Gazprom has been hailed by President Volodymyr Zelensky as one of Moscow’s biggest defeats. "When (Russian President) Vladimir Putin was handed power in Russia over 25 years ago, the annual gas pumping through Ukraine to Europe
European infrastructure allows for the flow of gas from other countries, a European Commission representative said.
Editor’s note: This article is part of a series of profiles highlighting successful Ukrainian startups and businesses. The series is funded by the regional investment fund Ukraine-Moldova American Enterprise Fund (UMAEF) and created in partnership with Spend With Ukraine, a non-profit organization that launched a platform to showcase businesses
Editor’s note: This article is part of a series of profiles highlighting successful Ukrainian startups and businesses. The series is funded by the regional investment fund Ukraine-Moldova American Enterprise Fund (UMAEF) and created in partnership with Spend With Ukraine, a non-profit organization that launched a platform to showcase businesses
There are some $4-5 billion of frozen Russian assets in the U.S. and it will be up to President-elect Donald Trump to decide what to do with them when he takes office in January 2025. After Russia’s full-scale invasion of Ukraine, Western nations froze around $300 billion of
When Chicagoan Chris Exline decided to expand his furniture rental company to Ukraine, he did not expect to relocate his life to a small town of 20,000 people in Ternopil Oblast. The businessman and CEO of Home Essentials initially planned to rent furniture to expats and organizations flooding in
Arvid Tuerkner’s first winter in charge of the European Bank for Reconstruction and Development in Ukraine comes with a daunting task: swiftly mobilize investment into energy companies crippled by two years of Russian attacks. Russia began targeting Ukraine’s energy infrastructure in late 2022 and has since then pounded
This number includes 1,350 casualties Russian forces suffered just over the past day.
The memorandum of understanding will establish over 100 industrial parks across Ukraine, impacting the lives of 2.5 million citizens, and helping create “hyper-modern” cities.
The International Chamber of Commerce (ICC), will lower the costs of its arbitration court for foreign investors involved in Ukraine's reconstruction projects to encourage much-needed investment.
No deal is currently on the table between Europe and Azerbaijan to keep gas flowing through Ukraine once a transit deal with Russia expires at the end of the year, despite reports a contract was nearing, CEO of Ukrainian state-owned oil and gas giant Naftogaz said.
