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Ukraine

Ukraine's Energoatom scandal escalates as Zelenskiy dithers on implementing a strong response

Ben Aris in Berlin November 17, 2025

The Operation Midas scandal involving close associates of Ukrainian President Volodymyr Zelenskiy and senior Ukrainian officials in a $100mn kickback scandal continues to expand and threatens to bring the government down.

Russia hits Kyiv with the largest missile attack of the war

bne IntelliNews November 17, 2025

Russia hit Kyiv with the most intense drone and missile bombardment since the war began on November 14, killing six people and injuring a dozen more, as the Kremlin ramps up its campaign to force Ukrainians to suffer a dark and freezing winter.

Ukraine’s Energoatom corruption stole money to protect Ukraine’s power stations, caused blackouts

Ben Aris in Berlin November 16, 2025

A Russian missile barrage has plunged Ukraine into darkness as winter approaches but could have been avoided. Money earmarked to build effective defences against Russia’s sustained missile attacks was stolen, leaving them defenceless.

Poland’s PM Tusk warns Ukraine risks losing the war with Russia from the expanding corruption scandal

Ben Aris in Berlin November 16, 2025

Polish Prime Minister Donald Tusk took to social media over the weekend and warned that the expanding Energoatom corruption scandal was undermining support for Kyiv in Europe.

Russian forces fail to consolidate their advantage as the battle of Pokrovsk becomes a modern day Stalingrad

Ben Aris in Berlin November 16, 2025

The battle for Pokrovsk continues to rage after Russia came close to taking the Donbas’ key logistical hub last week. A determined counter offensive by Ukrainian troops has kept the Russian forces at bay in what has become a modern day Stalingrad.

Ukrainian opposition party Holos calls for vote of no-confidence in the government over Energoatom corruption scandal

bne IntelliNews November 16, 2025

The leader of Ukraine’s Holos (Voice) liberal opposition party, Kira Rudik, has called for a vote of no-confidence in the government, as the Energoatom corruption scandal continues to gather momentum.

COMMENT: Finland’s President Stubb lists the three obstacles to a Ukraine ceasefire

bne IntelliNews November 16, 2025

Finland’s President Alexander Stubb has warned that a ceasefire in Russia’s war against Ukraine is unlikely to materialise before spring, and urged Western allies to sustain support for Kyiv despite recent corruption scandals.

North Korea halves shell supply to Russia as stockpiles run low, says Ukraine

bne IntelliNews November 15, 2025

North Korea has significantly reduced its shipments of artillery shells to Russia in 2025, as domestic stockpiles show signs of exhaustion, and the quality of munitions deteriorates.

EU LNG imports set for record high in November as US supply surges

bne IntelliNews November 14, 2025

Liquefied natural gas (LNG) imports into the European Union are on track to hit an all-time monthly high in November, driven by a sharp rise in shipments from the United States.

KYIV BLOG: Ukrainian war sailing towards a crisis

Ben Aris in Berlin November 14, 2025

Russia’s oil industry, long seen as the bedrock of the country’s economic strength, is being slowly degraded—not by sanctions or falling demand, but by the persistent and methodical pressure of Ukraine’s drone attacks.

COMMENT: Ukraine slowly wearing down Russia's oil industry

bne IntelliNews November 14, 2025

Russia’s oil industry, long seen as the bedrock of the country’s economic strength, is being slowly degraded—not by sanctions or falling demand, but by the persistent and methodical pressure of Ukraine’s drone attacks.

London court orders former Ukrainian tycoons Kolomoisky and Bogolyubov to pay over $3bn in PrivatBank fraud case

bne IntelliNews November 12, 2025

Judgment is a major victory for Ukraine’s largest lender, which has spent years pursuing legal claims across multiple jurisdictions to recover losses linked to its former owners.

Ukraine suspends justice minister amid $100mn energy corruption probe

bne IntelliNews November 12, 2025

German Galushchenko has been suspended as part of a sweeping anti-corruption investigation into alleged large-scale money laundering in the country’s energy sector.

The EU’s new supply web

Clare Nuttall in Glasgow November 11, 2025

Global turbulence has stalled FDI for now, but the potential for future investment around the EU’s periphery — from the Western Balkans to Ukraine to north Africa — remains strong.

Ukraine’s anti-graft bureau targets ex-Zelenskiy business partner in sweeping energy corruption probe

bne IntelliNews November 11, 2025

Ukraine’s National Anti-Corruption Bureau (NABU) has carried out a series of high-profile searches in Kyiv, including premises linked to Timur Mindich, a former business partner of President Volodymyr Zelenskiy.

Zelenskiy calls for 27 Patriot systems as Russia steps up missile and drone strikes on Ukraine’s energy grid

bne IntelliNews November 11, 2025

Ukrainian president urged Western allies to accelerate the delivery of air defence systems to shield the country from intensifying Russian strikes.

Norway reportedly considers sovereign fund collateral for EU’s €140bn Ukraine loan

bne IntelliNews November 11, 2025

Proposal offers a way to overcome Belgian objections to using frozen Russian sovereign assets to back the EU loan facility for Kyiv.

Russia unleashes massive overnight assault on Ukraine’s energy grid, crippling thermal plants and gas sites

bne IntelliNews November 10, 2025

Russia launched one of its heaviest air assaults in months overnight, striking Ukraine’s energy infrastructure with missiles and drones and causing widespread blackouts across major cities, including Kyiv and Kharkiv.

Ukraine faces deepening humanitarian crisis as 37% live in poverty, 65% of children affected

bne IntelliNews November 10, 2025

Sustained fighting and large-scale displacement have pushed millions into hardship.

Russian forces surround Ukrainian army in Pokrovsk

bne IntelliNews November 7, 2025

Ukrainian forces are struggling to hold their positions in the eastern city of Pokrovsk and nearby Myrnohrad, where Russian troops are intensifying their offensive.

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