Veronika Melkozerova
Ukraine hopes to avoid economic doomsday of not getting Western financial aid
KYIV — Ukrainians can’t bear to think what will happen if they don’t get the aid that EU leaders hav...
8 months ago
Russian ‘scorched earth’ missile attack damages power plants in Ukraine
KYIV — Russian forces unleashed 99 missiles and drones in a fourth massive attack against Ukrainian energy infrastructure in the past 10 days. Three fossil fuel-fired power plants were seriously damaged, Ukrainian energy company DTEK said in a statement.“...
6 months ago
Putin bombards Ukraine but US tells Kyiv to stop targeting Russian oil
KYIV — Russia launched a huge barrage of missiles and drones at Ukraine’s energy infrastructure overnight, leaving several cities without electricity and damaging the Dnipro hydropower plant, Ukraine's biggest dam.Ukrainian President Volodymyr Zelenskyy s...
6 months ago
Putin fears crypto mining could cause energy shortages in Russia
Russia could face electricity disruptions if the government doesn't get crypto mining under control, Russian President Vladimir Putin said on Wednesday.Crypto is often used by Russians who live abroad to bypass Western sanctions which prevent them from ac...
2 months ago
Kyiv runs into strong opposition on tax hike to fund the war
KYIV — Ukraine's government is running into a fierce blowback from foreign and domestic businesses over its draft proposal to hike taxes to pay for the war effort.The idea had been to impose a 120 billion hryvnia (€2.7 billion) tax increase on an already...
2 months ago
Russia launches massive attack on Ukraine’s energy infrastructure
KYIV ― Russia launched dozens of kamikaze drones and missiles at Ukraine’s cities and towns in the early hours of Monday, causing emergency electricity shut-offs in several cities. The massive attack, which came in several waves and was continuing late mo...
1 month ago
Ukraine backs Russian oil loophole for Hungary
KYIV — Millions of barrels of Russian oil now have a green light from Ukraine to flow to the EU as part of a deal with Hungary, ending a months-long standoff over new Kyiv oil sanctions.The deal will see Russian energy firm Lukoil, whose products are curr...
1 month ago