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 > Headlines > Russia launches war's largest drone attack ahead of Putin-Trump call
    Headlines

    Russia launches war's largest drone attack ahead of Putin-Trump call

    Russia launches war's largest drone attack ahead of Putin-Trump call

    Published by Global Banking and Finance Review

    Posted on May 18, 2025

    Featured image for article about Headlines

    By Pavel Polityuk, Gleb Garanich and Valentyn Ogirenko

    KYIV (Reuters) -Russia launched on Sunday its largest drone attack on Ukraine since the start of the war, destroying homes and killing at least one woman a day before U.S. President Donald Trump is due to discuss a proposed ceasefire with Russia's Vladimir Putin.

    Ukraine's intelligence service said it also believed Moscow intended to fire an intercontinental ballistic missile later on Sunday as an attempt to intimidate the West. There was no immediate response from Moscow to the accusation.

    President Volodymyr Zelenskiy, straining to restore ties with Washington after a disastrous February White House visit, met Vice President JD Vance and Secretary of State Marco Rubio in Rome on Sunday on the sidelines of Pope Leo's inauguration. Ukrainian media said the meeting lasted 40 minutes.

    Ukraine and Russia held their first face-to-face talks in more than three years on Friday, under pressure from Trump to agree to a ceasefire in a war he has pledged to bring to a quick end. The warring sides agreed to swap 1,000 prisoners each but failed to agree to a truce, after Moscow presented conditions that a member of Ukraine's delegation called "non-starters".

    The leaders of Britain, France, Germany and Poland planned to speak to Trump before the U.S. and Russian presidents speak on Monday, German Chancellor Friedrich Merz said on Sunday.

    The four European leaders jointly visited Kyiv last week where they called for new sanctions on Russia unless Moscow accepts a ceasefire, and Zelenskiy has said they joined him in phoning Trump on Friday after the Russia-Ukraine talks.

    After a night of air alerts, Ukraine's air force said that as of 8 a.m. on Sunday Russia had launched 273 drones at Ukrainian cities, more than the previous record Moscow had set in February on the war's third anniversary.

    'I COULD HEAR THE DRONE'

    In the ruins of her family home in the Obukhiv region west of Kyiv, Natalia Piven, 44, recounted how she squeezed into a cellar with her son after an air raid warning, just in time to survive a first wave of drones.

    They then ran out to a bomb shelter at a kindergarten, before another wave of drones bore down on the village. Their house was completely destroyed. A 28-year-old woman who lived next door was killed. Ukrainian authorities said three other people were injured including a four-year-old child.

    "I cannot get over it. I simply cannot. I could clearly hear the drone flying right towards my house," Piven told Reuters.

    Trump has shifted U.S. rhetoric from supporting Ukraine towards accepting some of Moscow's narrative about the war that Putin launched in 2022. But Kyiv and its European allies are working hard to persuade Trump that it is Moscow that is holding up a truce now.

    Zelenskiy has said he would accept Trump's proposal for an immediate ceasefire of at least 30 days with no conditions. Moscow says it would consider a ceasefire but only if conditions are met, including a halt in arms supplies to Kyiv.

    It also says any peace talks must address the "root causes" of the conflict, including its demands that Ukraine cede territory, be disarmed and accept neutral status. Kyiv calls that tantamount to capitulation and says it would be left defenceless in the face of future Russian attacks.

    On Saturday, a Russian drone attack killed nine civilians after hitting a shuttle bus in the Sumy region in northeastern Ukraine, Kyiv said. Zelenskiy called the attack "deliberate" and urged stronger sanctions on Moscow, which said it had attacked a military facility.

    (Reporting by Pavel Polityuk, Valentyn Ogirenko, Gleb Garanich and Serhiy Karazy in Kyiv and Lidia Kelly in Melbourne;Writing by Lidia Kelly and Peter GraffEditing by William Mallard, Jamie Freed and Helen Popper)

    Related Posts
    Jared Kushner's withdrawal from Serbia will hurt investment, official says
    Jared Kushner's withdrawal from Serbia will hurt investment, official says
    EU broadens industry compensation for emissions regulation costs
    EU broadens industry compensation for emissions regulation costs
    Zelenskiy says several draft documents prepared after 'productive' U.S. talks
    Zelenskiy says several draft documents prepared after 'productive' U.S. talks
    Italy's government wins upper house confidence vote on 2026 budget
    Italy's government wins upper house confidence vote on 2026 budget
    Greta Thunberg arrested at pro-Palestinian protest in London, campaign group says
    Greta Thunberg arrested at pro-Palestinian protest in London, campaign group says
    UK softens stance on farm tax after months of protests
    UK softens stance on farm tax after months of protests
    WhatsApp complains about restrictions in Russia after reported slowdown
    WhatsApp complains about restrictions in Russia after reported slowdown
    Novo Nordisk's weight-loss challenge in five charts
    Novo Nordisk's weight-loss challenge in five charts
    Spain set to re-enter Germany's top 10 export markets as shipments jump
    Spain set to re-enter Germany's top 10 export markets as shipments jump
    Major central banks deliver biggest easing push in over a decade in 2025
    Major central banks deliver biggest easing push in over a decade in 2025
    French lawmakers race to pass emergency rollover budget law
    French lawmakers race to pass emergency rollover budget law
    Russia and US discussed 'irritants' in relationship, key issues unresolved, Interfax reports
    Russia and US discussed 'irritants' in relationship, key issues unresolved, Interfax reports

    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 Headlines

    Explore more articles in the Headlines category

    Why the boss of a Russian defence factory set fire to himself on Red Square

    Why the boss of a Russian defence factory set fire to himself on Red Square

    Cricket-England to probe reports of excessive drinking during Ashes break

    Cricket-England to probe reports of excessive drinking during Ashes break

    Novo Nordisk shares jump almost 8% after US approves Wegovy pill

    Novo Nordisk shares jump almost 8% after US approves Wegovy pill

    Two killed in underground explosion at Polish coal mine

    Two killed in underground explosion at Polish coal mine

    Poland scrambles aircraft after Russia strikes Ukraine, Polish armed forces say

    Poland scrambles aircraft after Russia strikes Ukraine, Polish armed forces say

    Novo's Wegovy pill to test demand from consumers with cash

    Novo's Wegovy pill to test demand from consumers with cash

    EU plans checks against cheap plastic imports, FT says

    EU plans checks against cheap plastic imports, FT says

    New car sales in Europe rise for fifth month helped by EVs

    New car sales in Europe rise for fifth month helped by EVs

    Russian air attack on Ukraine kills three and sparks sweeping outages

    Russian air attack on Ukraine kills three and sparks sweeping outages

    Ukrainian drone attack sparks fire at industrial site in Russia's Stavropol region, governor says

    Ukrainian drone attack sparks fire at industrial site in Russia's Stavropol region, governor says

    Ukraine's Zelenskiy says border residents taken to Russia had long interacted with neighbours

    Ukraine's Zelenskiy says border residents taken to Russia had long interacted with neighbours

    Novo Nordisk wins US approval for weight-loss pill

    Novo Nordisk wins US approval for weight-loss pill

    View All Headlines Posts
    Previous Headlines PostPolish centrist's narrow presidential lead leaves pro-EU path in balance
    Next Headlines PostPope Leo urges unity for divided Church, vows not to be 'autocrat'