Business Ukraine is a quarterly English language magazine offering news, views and analysis of Ukrainian current affairs.
It is independently owned and published in Kyiv. The publication's online version can be viewed at www.bunews.com.ua
Western sanctions have clearly failed to derail Putin’s wartime economy. Now Ukraine is trying a far more direct approach with a new campaign of long-range drone strikes against Russia’s economically vital but vulnerable oil and gas industry, writes Mykola Bielieskov
Ukraine is seeking to bring the war home to Russia in 2024 with a new long-range drone strike campaign against Putin's oil and gas industry, writes Mykola Bielieskov.
Russia’s latest weekly oil-processing rates have dropped to the lowest in almost two months following the halt of two major refineries that were struck by Ukrainian drones, reports Bloomberg
Russia’s latest weekly oil-processing rates dropped to the lowest in almost two months following the halt of two major refineries that were struck by Ukrainian drones.
Turkey’s biggest telecommunications operator has confirmed it is selling its Ukrainian business, lifecell, to French billionaire Xavier Niel’s investment company NJJ Capital for an enterprise value of $525 million
Turkey’s biggest telecommunications operator said it is selling its Ukrainian business to French billionaire Xavier Niel’s investment company NJJ Capital for an enterprise value of $525 million.
Ice fishing on the River Dnipro. Obolon district, Kyiv. January 2024 (Photo: Віталій Тимофєєв)
“They told me that Ukraine doesn’t exist, that it never existed, that we’re all Russians.”
Russia's mass abduction and indoctrination of Ukrainian children is an act of genocide as defined by the UN's 1948 Genocide Convention
Russia, which boasts of taking in 700,000 children, stands accused of trying to erase their Ukrainian identity
“Russia is trying to destroy the Ukrainian nation, not only physically, but by severing familial bonds and erasing the Ukrainian identity of the deported children.”
Russia, which boasts of taking in 700,000 children, stands accused of trying to erase their Ukrainian identity
“Yet it's precisely Biden's susceptibility to Putin's nuclear threats and his baffling appeasement of Iran that are making Armageddon more likely. At every turn, Biden allows America's adversaries to have escalation dominance”
States must take out insurance to avoid the disaster that befell Britain in 1942, when Singapore surrendered to Japan and British possessions around the world were threatened by the Axis powers.
Ukraine is imposing increasingly effective direct sanctions on Russia’s oil and gas industry, which fuels Putin’s war machine. A major Lukoil refinery in Volgograd was hit early this morning by long-range Ukrainian drones
How Ukraine killed the most dangerous Russian drone ace in Krynky and turned the tide of the battle in their favour
It was a big deal when, in mid-January, a Ukrainian drone team hunted down ace Russian drone pilot “Moses.” Taking out Moses shifted the momentum in the Krynky battle.
Putin has made a habit of rewriting the past in order to deny Ukraine’s right to exist and justify his invasion of the country. Zelenskyy is now signaling to Putin that Ukraine has historical claims of its own
Russian dictator Vladimir Putin’s weaponization of bad history has helped fuel the bloodiest European conflict since World War II, writes Taras Kuzio.
Wartime Ukraine is among the world’s top performers in Transparency International’s latest anti-corruption ranking. This is a reminder that while corruption remains an issue, attempts to portray Ukraine as hopelessly corrupt are exaggerated and outdated
Ukraine’s partners are right to expect maximum accountability, but there are currently no grounds for abandoning the country based on claims of corruption that are both exaggerated and outdated, writes Peter Dickinson.
The last video image of the sinking Russian missile corvette Ivanovets is one for the history books
Finally, some good news for Ukraine on the international front! EU leaders have today overcome Hungarian objections and agreed on a landmark long-term support package that should help Ukraine stay afloat financially for the coming four years
The European Union confirmed a landmark $54 billion aid package for Ukraine on February 1 in Brussels, after EU leaders were able to overcome opposition from Hungary.
Ukraine claims to have sunk yet another Russian warship overnight with a successful drone attack on the missile launcher Ivanovets in the Black Sea. Slava Ukraini!
Wonderful news from Brussels! All 27 EU leaders have agreed on the new €50 billion package for Ukraine. A great day for Europe! 🇺🇦 🤝 🇪🇺
Armenia formally joins international criminal court in snub to Russia: Yerevan is now obligated to arrest Vladimir Putin if he enters Armenia after move Moscow calls ‘unfriendly step’
Yerevan obligated to arrest Vladimir Putin if he enters Armenia after move Moscow calls ‘unfriendly step’
207 Ukrainians have been freed from Russian captivity today in one of the biggest POW exchanges of the war. Welcome home, heroes!
“The recent spate of Ukrainian drone strikes on Russia’s oil and gas industry marks the start of a new stage in the war.”
Business Ukraine magazine publisher Peter Dickinson joined Телеканал "Прямий" this morning to discuss Ukraine’s new strategy of long-range drone attacks on Russia’s economically vital but vulnerable energy sector
Ukrainian children in Kharkiv are now studying in makeshift classrooms constructed underground within the city’s metro transport system amid relentless Russian bombardment (Photo: Leonid Logvynenko)
“Europe is stepping up support for Ukraine but cannot hope to fully replace American military aid.”
Business Ukraine magazine publisher Peter Dickinson joined Телеканал Київ to discuss the potentially disastrous consequences of continued deadlock in the US Congress over a new aid package for Ukraine
Пітер Дікінсон: Рішення України завдати удару по енергетичній інфраструктурі Росії — один із найсміливіших кроків за всю війну
https://nv.ua/ukr/opinion/ukrajina-pochala-noviy-etap-viyni-yakogo-bolyuchogo-udaru-zavdano-rosiji-50388166.html
On orders from President Zelenskyy, the Ukrainians have begun trying to ease their reliance on Western arms by manufacturing more of their own. Nearly all of the recent strikes against targets in Russia have come not from foreign stockpiles, but from Ukrainian factories and clandestine workshops
Zelensky has tasked a former international consultant and logistics whiz with pitching the new strategy around the world
Ukraine’s drone hunters at work
(Photo: Ukrainian National Guard)
"Putin behaves like a small-scale gangster who knows that if he is matched blow for blow, he will not start a fight. If he understands that Ukraine can fight back and make him really feel pain, of course, he will give all this up."
In a wide-ranging interview, the Ukrainian commander also said his navy would gladly take charge of two British warships the Royal Navy may reportedly have to retire early because of a shortage of sailors.
“By abandoning Ukraine in a fit of political incompetence, Americans will convince Europeans that we are untrustworthy. We will send a message to Russia and China too, reinforcing their frequently stated belief that the US is a degenerate, dying power.”
The U.S. rallied the world to help the Ukrainians. Are Americans really going to leave them to their fate?
“With a bit of luck, Ukrainian drones can damage not just Russian pipelines, but also compressors, valves, control units, and other pieces of equipment that are tricky to replace because of sanctions.”
Ukrainian aerial attacks could cause significant problems as international isolation makes it harder for Russian companies to fix broken equipment.
“For much of 2023, the eyes of the world were still on Ukraine, but this attention was that of a streaming TV addict, flicking through the fresh releases, looking for a new series to binge on. The release of the 2023 season of Russia’s war, branded as “Ukraine’s counteroffensive”, was delayed.”
The long read: Everyone likes to support an underdog, especially if it’s winning. But it’s one thing to win a battle, it’s quite another to win the war. And Ukraine cannot win without international support.
Kyiv
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"Ukraine has no motive whatsoever for killing its own soldiers. That much is clear." Business Ukraine magazine publisher Peter Dickinson joined BBC News today to discuss unconfirmed reports regarding Ukrainian POW deaths following the downing of a Russian military transport plane in the Belgorod region this morning
"This is being portrayed in Ukraine as the biggest success of the entire air war since Russia's invasion began almost two years ago." Business Ukraine magazine publisher Peter Dickinson joined BBC News this evening to discuss Ukraine's successful attack on two high-value Russian military spy planes over the Sea of Azov
"This will send a strong message that Russians cannot simply wage war on Ukraine and not expect to receive any retaliation from the Ukrainian side." Business Ukraine magazine publisher Peter Dickinson joined BBC News to discuss today's reported Ukrainian strikes on the Russian city of Belgorod, which came just one day after the largest Russian air attack since the start of the full-scale invasion
"Russia is now losing the Battle of the Black Sea to a country that doesn't have a navy." Business Ukraine magazine publisher Peter Dickinson joined BBC News today to discuss Ukraine's latest success against Putin's rapidly shrinking Black Sea Fleet with the overnight destruction of a Russian warship at port in Russian-occupied Crimea
"Ukrainians view this war not only as a war of independence but as a war to defend their right to exist as a nation." Business Ukraine magazine publisher Peter Dickinson joined BBC News this evening to discuss exactly what is at stake for Ukrainians and the West amid mounting concerns over the future of military aid for Ukraine
"Many people said they felt like they'd gone to bed in Kyiv and woken up in Moscow." Business Ukraine magazine publisher Peter Dickinson joined Euronews English to mark ten years since the start of Ukraine's Euromaidan Revolution and recalled the day when a brutal crackdown turned a protest movement into a revolution
"The agreement on joint US-Ukrainian weapons production is a signal to Moscow that Washington and Kyiv are preparing for a long war." Business Ukraine magazine publisher Peter Dickinson joined Ukrainian channel Ми - Україна to discuss the significance of this week's White House meeting between US President Joe Biden and Ukrainian President Volodymyr Zelenskyy
"Prigozhin's death was essentially a public execution." Business Ukraine magazine publisher Peter Dickinson joined Euronews Serbia this morning to discuss the Mafia-style killing of Wagner boss Yevgeniy Prigozhin in a suspected Kremlin hit
“International media coverage of the Kakhovka dam disaster highlights the absurdity of journalists prioritizing balance over truth when one side has such a long record of routinely lying.” Business Ukraine magazine publisher Peter Dickinson joined Kyiv TV (Телеканал Київ) to discuss the deeply disappointing international reaction to this week's deliberate destruction of the Kakhovka dam by Russian occupation forces in southern Ukraine
“The Kremlin often claimed it had the second-strongest military in the world, and many believed it. Today, many see Russia’s military as the second-strongest in Ukraine.” US Secretary of State Antony Blinken reflects on the collapse of Russia’s military reputation during his speech today in Finland
"Ukrainians see today's war as part of a much longer historical campaign by Russia to extinguish Ukrainian statehood and are in no mood to compromise with the Kremlin." Business Ukraine magazine publisher Peter Dickinson joined Lewis Goodall on Britain's LBC Radio to discuss the latest developments around Bakhmut and the slim prospects for a negotiated peace ahead of Ukraine's anticipated counteroffensive
"The retreat from Kherson is the latest and most humiliating in a series of Russian defeats." Business Ukraine magazine publisher Peter Dickinson joined Euronews English to discuss the implications of Russia's decision to withdraw from the Kherson region and abandon the only Ukrainian regional capital captured since Putin's invasion began almost nine months ago
"The Russians know they are losing and are now sending signals of a readiness for fresh negotiations, but nobody wants to talk to them." Business Ukraine magazine publisher Peter Dickinson joined Ukraine's newest TV channel Ми - Україна on Sunday evening to discuss Vladimir Putin's rapidly unraveling invasion
"When the war began, the expectation in Moscow was for a short and victorious affair. It has not worked out like that at all." Business Ukraine magazine publisher Peter Dickinson joined Euronews to discuss Vladimir Putin's failed blitzkrieg and Ukraine's remarkable resilience as the Russian invasion passes the six-month mark with no end in sight to what is Europe's largest war since WWII
"There is widespread recognition that the looming Battle of Kherson could determine the future outcome of the war." Business Ukraine magazine publisher Peter Dickinson joined Euronews English to discuss the possible implications for Putin's invasion if Ukraine is successful in its counter-offensive to liberate Kherson
"Ukraine has been very clear that this is a not a deal with Russia - this is an agreement with the UN to alleviate a global food crisis." Business Ukraine magazine publisher Peter Dickinson joined Euronews English this evening to discuss today's UN-brokered agreement to ease the Russian blockade of Ukraine's Black Sea ports and renew shipments of Ukrainian grain to global markets
