Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking & Finance Review

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2025 GBAF Publications Ltd - All Rights Reserved.

    ;
    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Finance > Russia readying nuclear-powered cruise missile test, Ukrainian military intelligence says
    Finance

    Russia readying nuclear-powered cruise missile test, Ukrainian military intelligence says

    Russia readying nuclear-powered cruise missile test, Ukrainian military intelligence says

    Published by Global Banking and Finance Review

    Posted on August 15, 2025

    Featured image for article about Finance

    By Tom Balmforth and Jonathan Landay

    LONDON/WASHINGTON (Reuters) -Russia is preparing to test its new nuclear-capable, nuclear-powered cruise missile and if successful, plans to use the results to bolster its negotiating position with the West, Ukrainian military intelligence said on Friday.

    Andriy Yusov, a spokesperson for the service, issued the written statement to Reuters just before U.S. President Donald Trump was due to hold talks in Alaska with Russian President Vladimir Putin on ending Moscow's war in Ukraine.

    He did not give an assessment of the possible timing of the test in the statement, given in response to questions submitted by Reuters for a report published on Tuesday that Moscow was preparing to test the 9M730 Burevestnik cruise missile.

    He did not say how his service arrived at its assessment. It has for years received intelligence from the United States and its NATO allies, and it has its own networks inside Russia.

    Reuters on Tuesday reported two U.S. researchers and a Western security source as saying that Moscow was readying a test of the Burevestnik at its Pankovo test site on the Barents Sea archipelago of Novaya Zemlya.

    The researchers said imagery from Planet Labs, a commercial satellite firm, showed extensive activities at the site, increases in personnel and equipment and the presence of ships and aircraft associated with previous tests of the weapon dubbed the SSC-X-9 Skyfall by NATO.

    The Russian defense ministry, the Pentagon and the CIA declined to comment for that report. The White House did not comment directly on whether a test was being prepared, saying in response to a question about it that Trump wanted peace in Ukraine.

    Yusov said Moscow, which has threatened to use nuclear weapons over the Ukraine war, saw a test as diplomatic leverage.

    "Russia is preparing for another round of tests of the 9M730 Burevestnik," his statement said. "The purpose of these tests is to validate scientific and technical solutions implemented by the missile."

    "If successful, Russia will leverage the test results to defend its interests in negotiations with the West," he continued.

    Putin has said the weapon is "invincible" to missile defenses, with an almost unlimited range and unpredictable flight path.

    But many experts say it is unclear if the missile can evade defenses, would not give Moscow capabilities it does not already have, and would spew radiation.

    The Burevestnik has a poor test record, according to the Nuclear Threat Initiative advocacy group, with two partial successes among 13 known tests.

    (Reporting by Jonathan Landay and Tom Balmforth; editing by Philippa Fletcher)

    Related Posts
    Released Belarus prisoners have no regrets over their actions
    Released Belarus prisoners have no regrets over their actions
    Hanukkah security ramped up around the world after Bondi shootings
    Hanukkah security ramped up around the world after Bondi shootings
    Russian ban on Roblox gaming platform sparks rare protest
    Russian ban on Roblox gaming platform sparks rare protest
    UK's Starmer and EU's von der Leyen discuss Ukraine peace plan, frozen Russian assets
    UK's Starmer and EU's von der Leyen discuss Ukraine peace plan, frozen Russian assets
    Thousands march in Hungary in protest over child abuse scandal
    Thousands march in Hungary in protest over child abuse scandal
    US says Belarus agreed to stop balloon flyovers into Lithuania
    US says Belarus agreed to stop balloon flyovers into Lithuania
    Ukraine says Russian drone attack hit civilian Turkish vessel
    Ukraine says Russian drone attack hit civilian Turkish vessel
    Who are the most prominent prisoners released by Belarusian president Lukashenko?
    Who are the most prominent prisoners released by Belarusian president Lukashenko?
    Spanish police bust gang that used helicopters to fly drugs from Morocco
    Spanish police bust gang that used helicopters to fly drugs from Morocco
    Lukashenko frees Nobel winner Bialiatski and key Belarus opposition figures in deal with US
    Lukashenko frees Nobel winner Bialiatski and key Belarus opposition figures in deal with US
    EU countries agree 2026 fishing quotas, avoid tighter Mediterranean curbs
    EU countries agree 2026 fishing quotas, avoid tighter Mediterranean curbs
    New Czech prime minister rejects guarantees for Ukraine loan
    New Czech prime minister rejects guarantees for Ukraine loan

    Why waste money on news and opinions when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    More from Finance

    Explore more articles in the Finance category

    Ukraine's Odesa suffers major blackouts after Russian attack

    Ukraine's Odesa suffers major blackouts after Russian attack

    Bitcoin hoarding company Strategy remains in Nasdaq 100

    Bitcoin hoarding company Strategy remains in Nasdaq 100

    North Korean leader Kim hails troops returning from Russia mission, state media says

    North Korean leader Kim hails troops returning from Russia mission, state media says

    Spain urges EU not to weaken 2035 combustion engine ban, letter shows

    Spain urges EU not to weaken 2035 combustion engine ban, letter shows

    EU vote on Mercosur trade deal set for next week, Denmark says

    EU vote on Mercosur trade deal set for next week, Denmark says

    King Charles says his treatment for cancer can be reduced in the new year

    King Charles says his treatment for cancer can be reduced in the new year

    Juventus 'not for sale' say Agnellis, rejecting crypto giant Tether's bid

    Juventus 'not for sale' say Agnellis, rejecting crypto giant Tether's bid

    Ukraine hits Russian oil infrastructure in Caspian for second time

    Ukraine hits Russian oil infrastructure in Caspian for second time

    EU, India unlikely to finalize trade agreement by end of year, Bloomberg News reports

    EU, India unlikely to finalize trade agreement by end of year, Bloomberg News reports

    Explainer-What are the legal risks of EU's 'reparations loan' for Ukraine?

    Explainer-What are the legal risks of EU's 'reparations loan' for Ukraine?

    Ice-cream spin-off turns up heat on Unilever to deliver on growth, margins

    Ice-cream spin-off turns up heat on Unilever to deliver on growth, margins

    Google faces $129 million French asset freeze after Russian ruling, documents show

    Google faces $129 million French asset freeze after Russian ruling, documents show

    View All Finance Posts
    Previous Finance PostFactbox-Russian energy export disruptions since start of Ukraine war
    Next Finance PostWEF clears founder Schwab of wrongdoing; appoints interim co-chairs