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. >North Korean troops join Russian assaults in significant numbers, Kyiv says
    Finance

    North Korean Troops Join Russian Assaults in Significant Numbers, Kyiv Says

    Published by Global Banking & Finance Review®

    Posted on December 14, 2024

    3 min read

    Last updated: January 27, 2026

    Add as preferred source on Google
    The image captures the aftermath of a Russian missile attack on Kyiv, highlighting damaged buildings and emergency services responding to the incident. This reflects the ongoing conflict's impact on the city, as reported in recent finance news.
    Damage from Russian missile attack in Kyiv, showcasing destruction and emergency response - 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

    North Korean troops are reportedly aiding Russian forces in Ukraine, marking a significant escalation in the conflict, according to President Zelenskiy.

    North Korean Troops Join Russian Assaults in Ukraine Conflict

    By Olena Harmash and Tom Balmforth

    KYIV (Reuters) - Russia has begun using North Korean troops in significant numbers for the first time to conduct assaults on Ukrainian forces battling to hold an enclave in Russia's Kursk region, President Volodymyr Zelenskiy said on Saturday.

    The Ukrainian leader said the more active use of the troops was a new escalation in the war and called for a global response, as Donald Trump's return to the White House next month fuels speculation of a coming push for peace talks.

    "Today, we already have preliminary data that the Russians have begun to use North Korean soldiers in their assaults. A significant number of them," Zelenskiy told Ukrainians in his daily wartime address.

    The North Koreans were being used in combined Russian units and only on the Kursk front for now, he said, adding: "We have information suggesting their use could extend to other parts of the front line."

    Kyiv first said North Korean forces turned up in Russia's Kursk region in October and later reported unspecified clashes and casualties. It estimates there are 11,000 North Koreans in total, adding to a force of tens of thousands of Russians.

    Russia has neither confirmed nor denied the presence of North Koreans on its side.

    Ukraine, nearly a fifth of which is occupied by Moscow's troops, launched an incursion into Russia's western Kursk region in August, carving out an enclave that it said could be used as a bargaining chip in any talks to end the war.

    Ukraine has battled to hold the area, although some Western military analysts have questioned the incursion's rationale, arguing it has extended an already-sprawling front line, exposing Ukraine's manpower weakness as it battles a larger foe.

    Kyiv said the operation sought to divert Russian forces, but it has not stopped Moscow notching up its fastest gains in the east since 2022, although Russian forces have taken heavy casualties, according to Kyiv and the West.

    POTENTIAL ENDGAME

    Ukraine's General Staff reported a significant increase in the number of Russian assaults on the Kursk front, along with airstrikes, glide bomb raids and more than 200 artillery attacks.

    Andrii Kovalenko, an official at Ukraine's National Security and Defence Council, said the North Koreans had taken losses, but provided no numbers.

    "The Russians are counting on numbers and are trying to carry out assault operations with the help of the Koreans, when the task of the Koreans is to run under the blows of our forces and occupy certain areas," Kovalenko wrote on Telegram.

    As Trump's return has put the focus on a potential endgame in the war, Kyiv has urged the West to put it into a stronger position and bridled at fears of escalation, a line echoed by Zelenskiy as he denounced North Korea's role in the fighting.

    "In essence, Moscow has dragged another state into this war, and to the fullest extent possible. And if this is not escalation, then what is the escalation that so many have been talking about?" Zelenskiy said.

    He used his address to issue a fresh appeal to his allies to strengthen their support for Kyiv, something he said he would discuss with European powers next week.

    Zelenskiy plans to attend a meeting with the leaders of Britain, France, Germany, Italy, Poland, NATO, and the EU in Brussels on Wednesday.

    (Reporting by Olena Harmash; Writing by Tom Balmforth; Editing by Gareth Jones, Conor Humphries and Giles Elgood)

    Key Takeaways

    • •North Korean troops are reportedly aiding Russian forces in Ukraine.
    • •Zelenskiy calls for a global response to this escalation.
    • •The presence of North Koreans is confirmed in the Kursk region.
    • •Ukraine estimates 11,000 North Korean soldiers are involved.
    • •Kyiv urges Western allies for stronger support amid tensions.

    Frequently Asked Questions about North Korean troops join Russian assaults in significant numbers, Kyiv says

    1What is the main topic?

    The article discusses the involvement of North Korean troops in aiding Russian forces in the Ukraine conflict.

    2How many North Korean troops are involved?

    Ukraine estimates there are 11,000 North Korean soldiers involved in the conflict.

    3What is the significance of this development?

    The involvement of North Korean troops marks a significant escalation in the conflict, prompting calls for a global response.

    More from Finance

    Explore more articles in the Finance category

    Image for Analysis-Iran war chokes petrochemical supply, sends plastic prices soaring
    Analysis-Iran War Chokes Petrochemical Supply, Sends Plastic Prices Soaring
    Image for German deepfake porn case sparks protests and pressure for change in law
    German Deepfake Porn Case Sparks Protests and Pressure for Change in Law
    Image for Russia says it may again impose gasoline export ban if necessary
    Russia Says It May Again Impose Gasoline Export Ban if Necessary
    Image for G7 leaders' June summit to include India, South Korea, Brazil, Kenya, but not China, Elysee says
    G7 Leaders' June Summit to Include India, South Korea, Brazil, Kenya, but Not China, Elysee Says
    Image for Bank of England's Breeden sees less second-round inflation risk than in 2022
    Bank of England's Breeden Sees Less Second-Round Inflation Risk Than in 2022
    Image for Explainer-Israeli plan for Lebanon 'buffer zone' follows long past of invasions, occupation
    Explainer-Israeli Plan for Lebanon 'buffer Zone' Follows Long Past of Invasions, Occupation
    Image for Bertelsmann cranks up legal fight against US book bans as market grows
    Bertelsmann Cranks up Legal Fight Against US Book Bans as Market Grows
    Image for Maersk says Gulf land-bridge routes still have capacity for food, medicines
    Maersk Says Gulf Land-Bridge Routes Still Have Capacity for Food, Medicines
    Image for Bank of England to defy markets and hold rates this year, economists say: Reuters poll
    Bank of England to Defy Markets and Hold Rates This Year, Economists Say: Reuters Poll
    Image for Iran war cools early summer tourist interest in Cyprus, Greece
    Iran War Cools Early Summer Tourist Interest in Cyprus, Greece
    Image for Russia says it hopes for new round of Ukraine talks with US as soon as conditions allow
    Russia Says It Hopes for New Round of Ukraine Talks With US as Soon as Conditions Allow
    Image for Allianz joins backers of Amprion power grid in deal with Talanx
    Allianz Joins Backers of Amprion Power Grid in Deal With Talanx
    View All Finance Posts
    Previous Finance PostMusk's XAI Offers Free Access to Grok-2 AI Chatbot
    Next Finance PostFour Killed in a Shooting in Northern France, Suspect Claims Fifth Victim