Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Advertising and Sponsorship
    • Profile & Readership
    • Contact Us
    • Latest News
    • Privacy & Cookies Policies
    • Terms of Use
    • Advertising Terms
    • Issue 81
    • Issue 80
    • Issue 79
    • Issue 78
    • Issue 77
    • Issue 76
    • Issue 75
    • Issue 74
    • Issue 73
    • Issue 72
    • Issue 71
    • Issue 70
    • View All
    • About the Awards
    • Awards Timetable
    • Awards Winners
    • Submit Nominations
    • Testimonials
    • Media Room
    • FAQ
    • Asset Management Awards
    • Brand of the Year Awards
    • Business Awards
    • Cash Management Banking Awards
    • Banking Technology Awards
    • CEO Awards
    • Customer Service Awards
    • CSR Awards
    • Deal of the Year Awards
    • Corporate Governance Awards
    • Corporate Banking Awards
    • Digital Transformation Awards
    • Fintech Awards
    • Education & Training Awards
    • ESG & Sustainability Awards
    • ESG Awards
    • Forex Banking Awards
    • Innovation Awards
    • Insurance & Takaful Awards
    • Investment Banking Awards
    • Investor Relations Awards
    • Leadership Awards
    • Islamic Banking Awards
    • Real Estate Awards
    • Project Finance Awards
    • Process & Product Awards
    • Telecommunication Awards
    • HR & Recruitment Awards
    • Trade Finance Awards
    • The Next 100 Global Awards
    • Wealth Management Awards
    • Travel Awards
    • Years of Excellence Awards
    • Publishing Principles
    • Ownership & Funding
    • Corrections Policy
    • Editorial Code of Ethics
    • Diversity & Inclusion Policy
    • Fact Checking Policy
    Original content: Global Banking and Finance Review - https://www.globalbankingandfinance.com

    A global financial intelligence and recognition platform delivering authoritative insights, data-driven analysis, and institutional benchmarking across Banking, Capital Markets, Investment, Technology, and Financial Infrastructure.

    Copyright © 2010-2026 - All Rights Reserved. | Sitemap | Tags

    Editorial & Advertiser disclosure

    Global Banking & 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.

    1. Home
    2. >Finance
    3. >Russia says it captured Ukrainian town; fighting continues in Kursk
    Finance

    Russia Says It Captured Ukrainian Town; Fighting Continues in Kursk

    Published by Global Banking & Finance Review®

    Posted on January 6, 2025

    2 min read

    Last updated: January 27, 2026

    Add as preferred source on Google
    This image depicts military activity in the Kursk region amid escalating conflict between Russia and Ukraine. The image reflects the ongoing tensions as reported by Russia's defense ministry, indicating heavy strikes on Ukrainian units.
    Military operations in the Kursk region highlight Ukraine-Russia conflict - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

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

    Subscribe

    Quick Summary

    Russia captures Kurakhove in Ukraine, while fighting persists in Kursk. Ukrainian forces launched a new offensive, challenging Russian defenses.

    Russia Captures Kurakhove; Kursk Region Battles Continue

    MOSCOW (Reuters) - Russia said on Monday it had made an important advance in eastern Ukraine but Russian war bloggers said Moscow's forces were continuing to fend off a major Ukrainian attack inside western Russia.

    The Russian defence ministry said its forces had captured the town of Kurakhove which lies 32 km (20 miles) south of Pokrovsk, an important Ukrainian logistics hub towards which Russia has been advancing for months.

    At the same time, Russian war bloggers said Ukraine was attacking inside Russia's Kursk region for a second day on Monday, with one describing the situation as worrying.

    Ukraine began a new offensive on Sunday in Kursk, where its forces broke across the border on Aug. 6 and for the past five months have resisted Russian attempts to expel them.

    Russia's defence ministry said its forces beat back the first Ukrainian attacks on Sunday just north of a highway running towards regional capital Kursk.

    But Russian military bloggers - a group of war correspondents and experts who, while supporting Moscow's effort, have often criticised its shortcomings - said fierce fighting was continuing for a second day.

    "The morning in the Kursk region is starting off worryingly again. It is obvious that yesterday's failure will not stop the enemy and he will try to impose his will on us again today," one blogger, Yuri Podolyaka, posted on Telegram.

    Russia controls about a fifth of Ukraine after nearly three years of war, but Ukraine's unexpected success in biting off and retaining a slice of Russian territory could boost its negotiating position as both sides gear up for possible peace talks this year.

    Both have been striving to improve their battlefield positions before U.S. President-elect Donald Trump is sworn in on Jan. 20. Trump has repeatedly said he will bring a quick end to the war, but without saying how.

    (Reporting by Mark Trevelyan and Maxim Rodionov; Editing by Bernadette Baum)

    Key Takeaways

    • •Russia claims capture of Kurakhove in Ukraine.
    • •Fighting continues in Russia's Kursk region.
    • •Ukrainian forces launched a new offensive.
    • •Russian bloggers report ongoing battles.
    • •Potential peace talks may occur this year.

    Frequently Asked Questions about Russia says it captured Ukrainian town; fighting continues in Kursk

    1What is the main topic?

    The article discusses Russia's capture of Kurakhove in Ukraine and ongoing fighting in the Kursk region.

    2What is happening in Kursk?

    Ukrainian forces are attacking in Kursk, with fierce battles reported by Russian bloggers.

    3What are the implications of the conflict?

    Ukraine's actions may strengthen its position in potential peace talks with Russia.

    More from Finance

    Explore more articles in the Finance category

    Image for Unilever sued for defamation by ousted chair of Ben & Jerry's board
    Unilever Sued for Defamation by Ousted Chair of Ben & Jerry's Board
    Image for Europeans to press US over Russian support for Iran
    Europeans to Press US Over Russian Support for Iran
    Image for Trading Day: Sell everything (except oil)
    Trading Day: Sell Everything (except Oil)
    Image for Exclusive-US deploys uncrewed drone boats in conflict with Iran
    Exclusive-US Deploys Uncrewed Drone Boats in Conflict With Iran
    Image for Rugby-English Prem to introduce "salary floor"
    Rugby-English Prem to Introduce "salary Floor"
    Image for EU reaches deal to fine online platforms importing products deemed unsafe
    EU Reaches Deal to Fine Online Platforms Importing Products Deemed Unsafe
    Image for Ukraine using strikes to pressure Russia after oil sanctions eased, Zelenskiy says
    Ukraine Using Strikes to Pressure Russia After Oil Sanctions Eased, Zelenskiy Says
    Image for BoE's Taylor says rates should be held until war impact on economy is clearer
    BoE's Taylor Says Rates Should Be Held Until War Impact on Economy Is Clearer
    Image for UBS halts withdrawals from $469 million real estate fund for up to 3 years
    UBS Halts Withdrawals From $469 Million Real Estate Fund for up to 3 Years
    Image for Hungary government accuses journalist of spying for Ukraine
    Hungary Government Accuses Journalist of Spying for Ukraine
    Image for Dutch court orders xAI, Grok not to create, distribute non-consensual sex images in Netherlands
    Dutch Court Orders XAI, Grok Not to Create, Distribute Non-Consensual Sex Images in Netherlands
    Image for Iran hardliners ramp up calls for a nuclear bomb, sources say
    Iran Hardliners Ramp up Calls for a Nuclear Bomb, Sources Say
    View All Finance Posts
    Previous Finance PostFrench 2025 Budget Targets 50 Billion Euros in Cost Savings, Finance Minister Says
    Next Finance PostFrench Finance Minister Says Eyes 2025 Budget Deficit in 5-5.5% Range