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Ukraine's electricity imports fall as crisis fades
Ukraine's imports of electricity dropped by 25% in March compared to the previous month, as the country emerges from a devastating winter brought on by Russian attacks on the energy grid.
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Saturday, April 4
While Ukraine aid runs dry, Trump asks for record-breaking $1.5 trillion in military spending
The proposed budget calls for a $445 billion (44%) increase in defense funds in 2027 — as U.S. military aid to Ukraine has dropped by 99% under Trump's watch.
'Far from innocent' — US senators seek answers after sanctioned Russian lawmakers visit Washington
"The delegation came onto U.S. soil for one purpose: to advance the Kremlin's strategic aims—including gathering additional useful intelligence," members of the Foreign Relations Committee wrote.
Russian airstrike in Kramatorsk kills 4, including 16-year-old boy
Russian forces dropped FAB-250 aerial bombs with cluster munitions on a residential area of Kramatorsk, killing four people and injuring four others.
Russia's banks face major service outages amid internet crackdown
Long lines formed at shops, restaurants, and gas stations in multiple Russian cities on April 3, as establishments could only accept cash payments. The outage may be connected to the Kremlin's restriction of VPNs.
Ukraine, Russia waging shadow war in Libya, RFI reports
Around 200 Ukrainian troops are based in Libya in cooperation with the government in Tripoli, sources told Radio France Internationale. These forces are allegedly responsible for the March 3 strike on a Russian oil tanker in the Mediterranean Sea.
Ukraine war latest: Russia kills at least 4, injures over 30 in mass daytime attack
Key developments on April 3: * Over 400 Russian drones detected in Ukraine's airspace during mass attack, at least 4 killed, over 30 injured * Russia suffers record losses in March, Zelensky says * Ukraine's General Staff confirms strike on oil refinery in Russia's Ufa, targets in Russian-occupied Ukraine * Russian Su-30 fighter jet crashes in occupied Crimea during training flight, Kremlin Defense Ministry claims Russia carried out a mass daytime attack on Ukraine on April 3, deploying hu
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The Kyiv Independent’s Business Desk covers the biggest news in business, economics, and tech from Ukraine, as well as global developments that shape the economy of the region.
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👁 Trump threatened Europe over Strait of Hormuz, with weapons for Ukraine as bargaining chip, FT reports
Outraged at European countries' refusal to help the U.S. reopen the Strait of Hormuz, Trump threatened to halt the PURL program selling U.S. weapons to NATO for use in Ukraine, officials told the Financial Times.
