Ukraine
- Ukraine
Ukraine (Ukrainian: Україна, pronounced [ʊkrɐˈjinɐ]) is a country in Eastern Europe. It is bordered by Russia to the east and northeast, Belarus to the north, Poland, Slovakia, and Hungary to the west, Romania and Moldova to the southwest, and the Black Sea and Sea of Azov to the south. Ukraine is the second-largest country in Europe by area, after Russia, and one of the most populous. Its capital and largest city is Kyiv (Ukrainian: Київ, pronounced [ˈkɪjiu̯]). The history of Ukraine is complex and deeply intertwined with that of its neighbors, marked by periods of independence, foreign rule, and cultural flourishing.
History
- Early History and Kyivan Rus'
The territory of modern Ukraine has been inhabited since prehistoric times. In antiquity, the region was home to Scythians, Sarmatians, and various other nomadic peoples. During the Migration Period, the area became a crossroads for Germanic tribes such as the Goths and Vandals. The establishment of the East Slavic civilization began in the 9th century with the formation of Kyivan Rus’, a powerful state centered in Kyiv. This federation of East Slavic tribes laid the foundations for the Ukrainian, Russian, and Belarusian nations. Kyivan Rus' adopted Christianity in 988 under Volodymyr the Great, significantly influencing its culture and political development. This period saw a flourishing of art, literature, and architecture.
- Fragmentation and Foreign Rule
Kyivan Rus' began to decline in the 12th century, fragmented into various principalities due to internal conflicts and external pressures, notably the Mongol invasion of 1237–1240. The Mongol Golden Horde controlled much of the territory for centuries, although Ukrainian principalities retained a degree of autonomy.
In the 14th century, the Grand Duchy of Lithuania expanded its influence into Ukrainian lands, becoming a dominant power. The Polish Kingdom also asserted its claims, leading to conflicts. The Union of Lublin in 1569 formally united Poland and Lithuania into the Polish-Lithuanian Commonwealth, incorporating a large portion of Ukrainian territory. This period saw the rise of the Cossacks, a semi-nomadic warrior group who played a crucial role in Ukrainian history. The Cossacks established autonomous territories known as the Hetmanate, resisting Polish rule and defending Ukrainian lands. The Khmelnytsky Uprising (1648–1657), led by Bohdan Khmelnytsky, was a major Cossack rebellion against Polish authority.
- Partition and Imperial Rule
By the late 18th century, the Polish-Lithuanian Commonwealth was weakened and partitioned between Russia, Prussia, and Austria. Most of Ukrainian territory fell under Russian rule, with Galicia (western Ukraine) becoming part of the Austrian Empire. Under Russian rule, Ukrainian language and culture were suppressed through policies like the Valuev Circular (1863) and the Ems Ukaz (1876). Despite these restrictions, a Ukrainian national revival began in the 19th century, with intellectuals promoting Ukrainian language, literature, and history. Taras Shevchenko, a poet and artist, is considered the father of modern Ukrainian literature.
- 20th Century: Independence, Soviet Rule, and Famine
The collapse of the Russian and Austrian Empires after World War I created an opportunity for Ukrainian independence. In 1917, the Ukrainian People's Republic was proclaimed, but it faced internal divisions and external aggression from Bolshevik Russia, Poland, and other powers. After a period of civil war, most of Ukraine was incorporated into the Soviet Union as the Ukrainian Soviet Socialist Republic (Ukrainian SSR) in 1922.
The 1930s witnessed the devastating Holodomor ("to kill by starvation"), a man-made famine engineered by the Soviet government under Joseph Stalin. Millions of Ukrainians perished as a result of forced collectivization and grain confiscation. The Holodomor is widely recognized as a genocide against the Ukrainian people.
During World War II, Ukraine was a major battleground between Nazi Germany and the Soviet Union. Millions of Ukrainians were killed or displaced. After the war, the Ukrainian SSR was reconstituted within the Soviet Union.
- Independence (1991)
In the late 1980s, Mikhail Gorbachev’s policies of *perestroika* and *glasnost* created a more permissive political environment in the Soviet Union. A Ukrainian national movement for independence gained momentum. On August 24, 1991, following a failed coup attempt against Gorbachev, Ukraine declared its independence. This independence was overwhelmingly confirmed in a national referendum on December 1, 1991.
Geography and Climate
Ukraine’s terrain is predominantly flat, with rolling plains occupying about 70% of its area. The Carpathian Mountains are located in the west, while the Crimean Mountains are found in the south. The country has a network of rivers, including the Dnieper (Dnipro), the Southern Buh, and the Donets. The Black Sea and the Sea of Azov provide Ukraine with access to maritime trade.
Ukraine has a temperate continental climate, with warm summers and cold winters. Precipitation varies across the country, with higher amounts in the west and north. The climate is suitable for agriculture, and Ukraine is a major producer of grains, sunflower oil, and other agricultural products.
Politics and Government
Ukraine is a unitary semi-presidential republic. The President is the head of state, while the Prime Minister is the head of government. The Verkhovna Rada (Supreme Council) is the unicameral parliament of Ukraine.
The political system has been evolving since independence, marked by periods of political instability and corruption. The Orange Revolution of 2004 and the Euromaidan Revolution of 2014 were pivotal events that led to political changes and a pro-Western orientation.
Since 2014, Ukraine has been facing an ongoing conflict with Russia, which annexed Crimea and supports separatists in eastern Ukraine. The conflict has had a profound impact on Ukrainian politics and society. Ukraine is actively seeking membership in the European Union and NATO.
Demographics
As of 2023, Ukraine’s population is estimated to be around 43 million, significantly reduced from pre-2022 levels due to the ongoing war and emigration. The largest ethnic group is Ukrainians, comprising about 83% of the population. Other significant ethnic groups include Russians, Belarusians, Romanians, and Crimean Tatars.
Ukrainian is the official state language. Russian is widely spoken, particularly in the east and south of the country. The majority of Ukrainians identify as Eastern Orthodox Christians. There are also significant Catholic and Protestant communities.
Economy
Ukraine’s economy is a developing market economy. Before the full-scale invasion in 2022, key sectors included agriculture, heavy industry, and manufacturing. Ukraine is a major exporter of grains, metals, and machinery. The war has severely disrupted the economy, causing a significant contraction in GDP and widespread destruction of infrastructure.
The Ukrainian government is implementing economic reforms to attract foreign investment and promote sustainable growth. The country is also seeking financial assistance from international organizations such as the International Monetary Fund (IMF) and the World Bank.
Culture
Ukrainian culture is rich and diverse, influenced by its history and geography. Traditional Ukrainian folk music, dance, and art are highly valued. Pysanka (decorated Easter eggs) is a prominent art form. Ukrainian cuisine is known for its hearty dishes, such as borscht (beetroot soup), varenyky (dumplings), and salo (cured pork fat).
Ukrainian literature has a long and distinguished tradition, with prominent writers such as Taras Shevchenko, Ivan Franko, and Lesya Ukrainka. Ukrainian cinema and theater are also developing.
Current Situation (as of late 2023/early 2024)
Since February 2022, Ukraine has been facing a full-scale invasion by Russia. The war has resulted in widespread destruction, displacement, and loss of life. Ukraine has received significant military and humanitarian assistance from Western countries. The conflict is ongoing, with fighting concentrated in eastern and southern Ukraine. Negotiations to end the war have stalled. The situation remains highly volatile and uncertain. The war has had a devastating impact on the Ukrainian economy and society, but the Ukrainian people have demonstrated remarkable resilience and determination.
Further Reading & Resources
- [Official Website of the President of Ukraine](https://www.president.gov.ua/en)
- [Verkhovna Rada (Parliament of Ukraine)](https://www.rada.gov.ua/)
- [State Statistics Service of Ukraine](https://www.ukrstat.gov.ua/)
- [Ukraine - Wikipedia](https://en.wikipedia.org/wiki/Ukraine)
- [Council on Foreign Relations - Ukraine](https://www.cfr.org/ukraine)
- [CIA World Factbook - Ukraine](https://www.cia.gov/the-world-factbook/countries/ukraine/)
- [TradingView - Ukraine Economic Indicators](https://www.tradingview.com/markets/stocks-ukraine/economic-calendar/) - Provides economic data and analysis.
- [Investing.com - Ukraine Economic Forecast](https://www.investing.com/economic-calendar/ukraine) - Offers forecasts and data on Ukrainian economy.
- [FocusEconomics - Ukraine Economic Outlook](https://www.focus-economics.com/countries/ukraine) - Provides detailed economic analysis.
- [Trading Economics - Ukraine](https://tradingeconomics.com/ukraine/indicators) - A comprehensive source of economic indicators.
- [Reuters - Ukraine](https://www.reuters.com/world/europe/ukraine/) - News and analysis of current events.
- [Bloomberg - Ukraine](https://www.bloomberg.com/europe/ukraine) - Financial news and data.
- [FXStreet - Ukraine](https://www.fxstreet.com/news/ukraine) - Forex and economic news.
- [DailyFX - Ukraine](https://www.dailyfx.com/news/topic/ukraine) - Currency and market analysis.
- [Kitco - Ukraine Gold Prices](https://www.kitco.com/gold/historical-prices/ukraine/) - Gold price trends in Ukraine.
- [Forex Factory - Ukraine Economic Calendar](https://www.forexfactory.com/economic_calendar/country/ukraine) - Economic calendar for Ukraine.
- [Babypips - Forex Trading Basics](https://www.babypips.com/) - Beginner's guide to forex trading.
- [Investopedia - Technical Analysis](https://www.investopedia.com/terms/t/technicalanalysis.asp) - Explanation of technical analysis.
- [StockCharts - Charting Tools](https://stockcharts.com/) - Charting tools for technical analysis.
- [TradingView - Charting and Social Networking](https://www.tradingview.com/) - Charting and social networking platform for traders.
- [Fibonacci Retracement - Investopedia](https://www.investopedia.com/terms/f/fibonacciretracement.asp) - Explanation of Fibonacci retracement levels.
- [Moving Average Convergence Divergence (MACD) - Investopedia](https://www.investopedia.com/terms/m/macd.asp) - Explanation of MACD indicator.
- [Relative Strength Index (RSI) - Investopedia](https://www.investopedia.com/terms/r/rsi.asp) - Explanation of RSI indicator.
- [Bollinger Bands - Investopedia](https://www.investopedia.com/terms/b/bollingerbands.asp) - Explanation of Bollinger Bands.
- [Elliott Wave Theory - Investopedia](https://www.investopedia.com/terms/e/elliottwave.asp) - Explanation of Elliott Wave Theory.
- [Candlestick Patterns - Investopedia](https://www.investopedia.com/terms/c/candlestickpattern.asp) - Explanation of candlestick patterns.
- [Trend Lines - Investopedia](https://www.investopedia.com/terms/t/trendline.asp) - Explanation of trend lines.
- [Support and Resistance Levels - Investopedia](https://www.investopedia.com/terms/s/supportandresistance.asp) - Explanation of support and resistance levels.
- [Ichimoku Cloud - Investopedia](https://www.investopedia.com/terms/i/ichimoku-cloud.asp) - Explanation of Ichimoku Cloud indicator.
- [Volume Weighted Average Price (VWAP) - Investopedia](https://www.investopedia.com/terms/v/vwap.asp) - Explanation of VWAP indicator.
- [Average True Range (ATR) - Investopedia](https://www.investopedia.com/terms/a/atr.asp) - Explanation of ATR indicator.
Kyiv Holodomor Cossacks Kyivan Rus' Taras Shevchenko Crimea Donbas Euromaidan Ukrainian language Ukrainian culture
Start Trading Now
Sign up at IQ Option (Minimum deposit $10) Open an account at Pocket Option (Minimum deposit $5)
Join Our Community
Subscribe to our Telegram channel @strategybin to receive: ✓ Daily trading signals ✓ Exclusive strategy analysis ✓ Market trend alerts ✓ Educational materials for beginners