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 attacks Ukraine with 700 drones after Trump vows to send more weapons
    Headlines

    Russia attacks Ukraine with 700 drones after Trump vows to send more weapons

    Russia attacks Ukraine with 700 drones after Trump vows to send more weapons

    Published by Global Banking and Finance Review

    Posted on July 9, 2025

    Featured image for article about Headlines

    KYIV (Reuters) -Russia targeted Ukraine with a record 728 drones overnight, shortly after U.S. President Donald Trump pledged to send more defensive weapons to Kyiv and aimed unusually direct criticism at Russian President Vladimir Putin.

    Ukrainian air defence units destroyed almost all the drones, including through electronic jamming systems, Ukraine's air force said on the Telegram messaging app.

    The attack, which follows a series of escalating air assaults on Ukraine in recent weeks, showed the need for "biting" sanctions on the sources of income Russia uses to finance the war, including on those who buy Russian oil, Ukrainian President Volodymyr Zelenskiy said on Telegram.

    Trump said on Tuesday he was considering supporting a bill in the Senate that would impose steep sanctions on Russia, including 500% tariffs on nations that buy Russian oil, gas, uranium and other exports.

    "We get a lot of bullshit thrown at us by Putin ... He's very nice all the time, but it turns out to be meaningless," Trump said at a cabinet meeting.

    When asked by a reporter what action he would take against Putin, Trump said: "I wouldn't tell you. We want to have a little surprise."

    Separately, Europe is working on a new sanctions package against Moscow.

    Trump, who returned to power this year promising a swift end to the war in Ukraine, has shifted U.S. rhetoric away from staunch support for Kyiv towards accepting some of Moscow's justifications for the full-scale invasion it launched in 2022.

    But initial rounds of talks between Russia and Ukraine have so far borne little fruit, with Moscow yet to accept an unconditional ceasefire proposed by Trump and accepted by Kyiv.

    The U.S. president's promise to supply more defensive weapons reversed a Pentagon decision days earlier to stall some critical munitions supplies to Ukraine, despite rising Russian attacks that spread fear in Kyiv.

    Following Trump's new promise, Zelenskiy said on Tuesday he had ordered an expansion of contacts with the United States to ensure critical deliveries of military supplies, primarily air defence.

    Trump's Ukraine envoy Keith Kellogg is due in Rome later on Wednesday to attend a July 10-11 international aid conference on Ukraine, attended by Zelenskiy and Kyiv's European allies.

    POLAND SCRAMBLES JETS

    Residents of Kyiv and other major cities spent the night in air raid shelters including metro stations.

    Part of Russia's overnight strike was aimed at a western region close to NATO-member Poland. The northwestern city of Lutsk, some 200 km (125 miles) from Poland, was the main target, Zelenskiy said, listing 10 other provinces across the country where damage was also reported.

    Polish and allied aircraft were activated to ensure air safety, Poland's Operational Command of the Polish armed forces said.

    Buildings were damaged but no deaths or injuries reported in what amounted to the biggest air strike of the war on Lutsk, a city of 200,000 people, regional authorities said.

    A storage facility of a local enterprise and some parking structures were ablaze, the mayor of Lutsk, Ihor Polishchuk said.

    Ivan Rudnytskyi, governor of the Volyn region that includes Lutsk, said 50 Russian drones and five missiles were in the region's airspace overnight.

    "It was the most massive enemy attack with UAVs (unmanned aerial vehicles) and missiles on our city and community," Polishchuk said in a social media video.

    (Reporting by Yurii Kovalenko, Lidia Kelly and Alexandar VasovicEditing by Frank Jack Daniel)

    Related Posts
    Spanish city evicts hundreds of migrants from occupied building
    Spanish city evicts hundreds of migrants from occupied building
    US confirms tariff elements of trade deal with Switzerland
    US confirms tariff elements of trade deal with Switzerland
    Swedish explosives start-up gets permit for TNT factory
    Swedish explosives start-up gets permit for TNT factory
    US gaming platform Roblox pledges changes to get Russian ban lifted
    US gaming platform Roblox pledges changes to get Russian ban lifted
    Italy, France say it's 'premature' to sign EU-Mercosur trade deal
    Italy, France say it's 'premature' to sign EU-Mercosur trade deal
    Germany warns against jeopardizing peace after Trump's Venezuela tanker blockade
    Germany warns against jeopardizing peace after Trump's Venezuela tanker blockade
    Analysis-Gold forecast to glitter again next year despite biggest gain since 1979
    Analysis-Gold forecast to glitter again next year despite biggest gain since 1979
    UK police plan tougher action against antisemitic chants and protests
    UK police plan tougher action against antisemitic chants and protests
    Explainer-What's next for the Gaza ceasefire and will the truce last?
    Explainer-What's next for the Gaza ceasefire and will the truce last?
    Warner Bros Discovery board rejects rival bid from Paramount
    Warner Bros Discovery board rejects rival bid from Paramount
    UK tells Abramovich to give Chelsea sale cash to Ukraine or face court
    UK tells Abramovich to give Chelsea sale cash to Ukraine or face court
    European parliament approves citizens' initiative to help abortion access across EU
    European parliament approves citizens' initiative to help abortion access across EU

    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

    Previous Headlines PostWife buries remains of Srebrenica victim 30 years after Bosnia genocide
    Next Headlines PostSouth Korea's ex-leader Yoon returns to jail as martial law probe accelerates

    More from Headlines

    Explore more articles in the Headlines category

    UK's Duke of Marlborough charged with intentional strangulation

    UK's Duke of Marlborough charged with intentional strangulation

    Ukraine says it controls 90% of Kupiansk, Russia denies it

    Ukraine says it controls 90% of Kupiansk, Russia denies it

    Freed Nobel laureate Bialiatski sees Belarus sliding back to Soviet times

    Freed Nobel laureate Bialiatski sees Belarus sliding back to Soviet times

    Cyberattack on French interior ministry's email servers compromised more than 20 files

    Cyberattack on French interior ministry's email servers compromised more than 20 files

    WTO chair rules out reform deal at next major meeting, document shows

    WTO chair rules out reform deal at next major meeting, document shows

    EU Parliament approves phase out of Russian gas imports

    EU Parliament approves phase out of Russian gas imports

    Putin says Russia will achieve war goals, keep expanding 'buffer zone'

    Putin says Russia will achieve war goals, keep expanding 'buffer zone'

    Italy's Meloni says it's still 'premature' to sign EU-Mercosur trade deal

    Italy's Meloni says it's still 'premature' to sign EU-Mercosur trade deal

    Russian attack on Ukraine's Zaporizhzhia injures 26, governor says

    Russian attack on Ukraine's Zaporizhzhia injures 26, governor says

    Decline in UK industrial orders eases slightly, CBI says

    Decline in UK industrial orders eases slightly, CBI says

    Italy's Meloni says using frozen Russian assets for Ukraine 'far from easy' ahead of EU summit

    Italy's Meloni says using frozen Russian assets for Ukraine 'far from easy' ahead of EU summit

    UK removes duplicate entries from sanctions lists, designations remain in place

    UK removes duplicate entries from sanctions lists, designations remain in place

    View All Headlines Posts