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    Home > Headlines > Ukraine attack on Russia's Belgorod cuts power to thousands, regional official says
    Headlines

    Ukraine attack on Russia's Belgorod cuts power to thousands, regional official says

    Published by Global Banking and Finance Review

    Posted on October 6, 2025

    1 min read

    Last updated: January 21, 2026

    Image illustrating the Biysk Oleum Factory's acquisition of Siemens equipment via intermediaries, highlighting the circumvention of Western sanctions. This reflects ongoing military production efforts in Russia.
    Russian bomb factory acquiring Siemens technology amid sanctions - Global Banking & Finance Review
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    Tags:insurancefinancial communityrisk managementfinancial crisiseconomic growth

    Quick Summary

    Ukraine's shelling of Belgorod disrupted power for thousands, with engineers restoring most connections. Cross-border attacks continue to affect the region.

    Ukraine's Shelling Disrupts Power in Russia's Belgorod Region

    (Reuters) -Ukraine's overnight shelling of the Russian region of Belgorod damaged power infrastructure, snapping electricity links to thousands of customers, the governor of the region bordering Ukraine said on Monday.

    Although engineers and emergency services restored power to nearly 34,000 consumers by Monday morning, about 5,400 in 24 municipal areas were still without electricity, Governor Vyacheslav Gladkov said on the Telegram messaging app.

    Belgorod and other regions adjacent to Ukraine have faced persistent cross-border shelling and drone attacks, as the war Moscow unleashed against Kyiv in 2022 has spilled on to Russian soil, disrupting civilian life and damaging critical infrastructure.

    Ukraine offered no immediate comment on the attack. Both sides say their strikes with each other's territory aim to destroy infrastructure key to the overall war effort.

    (Reporting by Lidia Kelly in Melbourne; Editing by Clarence Fernandez)

    Key Takeaways

    • •Ukraine's shelling hit Belgorod, causing power outages.
    • •34,000 consumers had power restored by Monday morning.
    • •5,400 customers remain without electricity.
    • •Belgorod faces ongoing cross-border attacks.
    • •Ukraine and Russia target infrastructure in conflict.

    Frequently Asked Questions about Ukraine attack on Russia's Belgorod cuts power to thousands, regional official says

    1What is risk management?

    Risk management is the process of identifying, assessing, and controlling threats to an organization's capital and earnings. It involves analyzing potential risks and implementing strategies to minimize their impact.

    2What is a financial crisis?

    A financial crisis is a situation in which the value of financial institutions or assets drops rapidly. It can lead to a loss of confidence in the financial system, resulting in widespread economic disruption.

    3What is economic growth?

    Economic growth refers to the increase in the production of goods and services in an economy over a period of time. It is typically measured by the rise in Gross Domestic Product (GDP).

    4What is insurance?

    Insurance is a financial product that provides protection against financial loss or risk. It involves the transfer of risk from an individual or business to an insurance company in exchange for premium payments.

    5What is the financial community?

    The financial community consists of individuals, institutions, and organizations involved in the management, investment, and regulation of financial assets and markets. It includes banks, investors, and regulatory bodies.

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