Ukraine seals restructuring of controversial growth-linked debt

Stay informed with free updates Simply sign up to the War in Ukraine myFT Digest — delivered directly to your inbox. Ukraine has won investor backing to restructure $2.6bn in debts that paid out based on economic growth, bolstering Kyiv’s war finances and slashing the cost of reconstruction after Russia’s invasion. Ukraine’s finance ministry said … Read more

Zelensky gives stark warning as EU leaders hold crunch talks on Russia’s frozen assets

Paul KirbyEurope digital editor JOHN THYS/AFP Ukraine’s president has warned Europe’s leaders that an agreement has to be reached by the end of the year Volodymyr Zelensky has called on EU leaders at a crunch summit urgently to agree to a multi-billion euro loan in frozen Russian money to fund Ukraine’s military and economic needs. … Read more

Kenyans found illegally working at Afrikaner asylum claim centre

South Africa has accused the US of using Kenyan nationals without work permits at a facility processing applications by white South Africans for refugee status. Seven Kenyans were arrested after intelligence reports revealed that people “had recently entered South Africa on tourist visas and had illegally taken up work” at the centre, said a statement … Read more

Austrian nuns who broke out of care home await word from Vatican : NPR

Sister Regina sits in the convent chapel at Schloss Goldenstein in Salzburg, Austria. Esme Nicholson/NPR hide caption toggle caption Esme Nicholson/NPR SALZBURG, Austria — Set against snow-capped Alpine peaks, the convent chapel at Schloss Goldenstein is candlelit and set for Advent. In early December, the mood was contemplative, a sharp contrast to the hubbub here … Read more