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Photo: Andrew Harrer/AFP via Getty Images

Ukraine's Interior Ministry announced it is launching a criminal investigation into possible illegal surveillance of former U.S. ambassador Marie Yovanovitch and the hacking of natural gas company Burisma Holdings, NBC News reports.

Why it matters: The decision comes two days after Democrats released documents that appear to show Lev Parnas, an associate of President Trump's personal lawyer Rudy Giuliani, indicating he discussed surveilling Yovanovitch in March 2019.

  • The FBI has been invited to participate in the investigation, AP reports.

The big picture per Axios' Alayna Treene: If anything comes of these investigations, it could give Democrats new ammunition as the Senate proceeds with its impeachment trial.

What they're saying: In a statement, the ministry said, "Ukraine's position is not to interfere in the domestic affairs of the United States of America," but the allegations of illegal surveillance could be a violation of Ukrainian and international law, per NBC.

Flashback:

  • Yovanovitch testified in November that she was the subject of a smear campaign spearheaded by Giuliani that led to her firing.
  • Former Vice President Joe Biden's son, Hunter, was a director of Burisma Holdings. The impeachment inquiry started following allegations that Trump threatened to withhold aid from Ukraine if they didn't investigate Burisma.

Go deeper: Yovanovitch urges Ukraine probe after Parnas phone records release

Go deeper

Wall Street braces for more turbulence ahead of Election Day

Illustration: Eniola Odetunde/Axios

Wall Street is digging in for a potentially rocky period as Election Day gets closer.

Why it matters: Investors are facing a "three-headed monster," Brian Belski, chief investment strategist at BMO Capital Markets, tells Axios — a worsening pandemic, an economic stimulus package in limbo, and an imminent election.

Dave Lawler, author of World
3 hours ago - World

How Biden might tackle the Iran deal

Photo illustration: Aïda Amer/Axios. Photo: Drew Angerer/Getty Images

Four more years of President Trump would almost certainly kill the Iran nuclear deal — but the election of Joe Biden wouldn’t necessarily save it.

The big picture: Rescuing the 2015 Joint Comprehensive Plan of Action (JCPOA) is near the top of Biden's foreign policy priority list. He says he'd re-enter the deal once Iran returns to compliance, and use it as the basis on which to negotiate a broader and longer-lasting deal with Iran.

Kamala Harris, the new left's insider

Photo illustration: Eniola Odetunde/Axios. Photo: Joe Buglewicz/Getty Images     

Progressive leaders see Sen. Kamala Harris, if she's elected vice president, as their conduit to a post-Biden Democratic Party where the power will be in younger, more diverse and more liberal hands.

  • Why it matters: The party's rising left sees Harris as the best hope for penetrating Joe Biden's older, largely white inner circle.

If Biden wins, Harris will become the first woman, first Black American and first Indian American to serve as a U.S. vice president — and would instantly be seen as the first in line for the presidency should Biden decide against seeking a second term.