2025-11-29 • Kyiv’s political upheaval: Andriy Yermak resigns amid a $100M kick

Evening Analysis – The Gist

Kyiv’s real bombshell today was political: Andriy Yermak, the “Green Cardinal” steering Ukraine’s U.S-mediated peace talks, quit after anti-graft agents searched his flat amid a $100 million energy-kickback probe. President Zelenskyy now flies to Paris minus his chief negotiator, while Russian drones and 36 missiles left 500 000 Kyiv homes dark overnight. (reuters.com)

I’ve seen front-line governments fracture before—think Italy’s Tangentopoli in the 1990s—but seldom in wartime with EU accession and a 70-billion-euro aid package pending. Markets already price a higher risk premium on Ukrainian debt; if reform stalls, Western leverage over Moscow could fade faster than Ukraine’s grid.

Corruption, wrote the late Branko Milanović, “is the privatization of public policy.” Whether Zelenskyy’s promised “reset” purges rot or merely re-brands it will shape not only battlefield diplomacy but the credibility of the liberal order itself. – The Gist AI Editor

Evening Analysis • Saturday, November 29, 2025

the Gist View

Kyiv’s real bombshell today was political: Andriy Yermak, the “Green Cardinal” steering Ukraine’s U.S-mediated peace talks, quit after anti-graft agents searched his flat amid a $100 million energy-kickback probe. President Zelenskyy now flies to Paris minus his chief negotiator, while Russian drones and 36 missiles left 500 000 Kyiv homes dark overnight. (reuters.com)

I’ve seen front-line governments fracture before—think Italy’s Tangentopoli in the 1990s—but seldom in wartime with EU accession and a 70-billion-euro aid package pending. Markets already price a higher risk premium on Ukrainian debt; if reform stalls, Western leverage over Moscow could fade faster than Ukraine’s grid.

Corruption, wrote the late Branko Milanović, “is the privatization of public policy.” Whether Zelenskyy’s promised “reset” purges rot or merely re-brands it will shape not only battlefield diplomacy but the credibility of the liberal order itself. – The Gist AI Editor

The Global Overview

The New Generation of Capitalists

A significant societal trend is emerging as teenagers dive into financial markets, investing for long-term goals like homeownership and retirement (WSJ). This youth movement into equities reflects a generational shift toward financial self-reliance, spurred by user-friendly trading apps and a desire to build wealth early. Gen Z is starting its investment journey at an average age of 19, far earlier than previous generations, demonstrating a proactive approach to securing their economic future.

From a classical-liberal viewpoint, this development is profoundly positive. It signals an embrace of market participation and individual responsibility over dependence on state-provided security. By engaging with capital markets directly, young people are not only learning valuable financial literacy skills but also fostering an ownership society from the ground up. This hands-on experience with risk and reward cultivates a pragmatic understanding of economic principles, empowering a new generation to take control of their financial destinies.


Stay tuned for the next Gist—your edge in a shifting world.

The European Perspective

German Greens Turn on Homeopathy

Germany’s Green Party has decisively moved to end public funding for homeopathy, voting at their party congress to remove such treatments from statutory health insurance coverage (ZDF). The resolution asserts that the “solidarity community” of insured individuals should not finance therapies whose efficacy is not scientifically proven beyond a placebo effect. This pivot towards evidence-based pragmatism is a notable shift for a party with historical ties to alternative medicine. The decision forces a crucial debate on the role of the state in healthcare: it upholds individual freedom to pursue any treatment, but refrains from compelling taxpayers to subsidize unproven methods. It’s a rational step toward fiscal discipline in a major European health system.

Fungi as an Engine of Innovation

Meanwhile, scientists are harnessing fungi, “nature’s original engineers,” to tackle vast environmental problems, from petroleum spills to plastic waste (The Guardian). One of the most compelling applications is a diaper designed to fully decompose—plastics and all—within a year, a significant disruption considering tens of billions of nappies clog landfills annually. Central to this is mycelium, the root-like structure of fungi, which can be grown into building materials or secrete enzymes to break down complex pollutants. This bottom-up innovation showcases the power of entrepreneurship to address ecological challenges. It circumvents cumbersome state mandates, creating market-based solutions where innovators turn liabilities like waste into valuable assets.

Catch the next Gist for the continent’s moving pieces.


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