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. >Headlines
    3. >It's no Cold War - it's a 'fiery' conflict now with the West, Russia says
    Headlines

    It's No Cold War - It's a 'fiery' Conflict Now With the West, Russia Says

    Published by Global Banking & Finance Review®

    Posted on October 2, 2025

    2 min read

    Last updated: January 21, 2026

    Add as preferred source on Google
    It's no Cold War - it's a 'fiery' conflict now with the West, Russia says - Headlines news and analysis from 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

    Tags:Presidentfinancial crisisinternational financial institution

    Quick Summary

    Russia dismisses Cold War comparisons, labeling current tensions with the West as 'fiery' amid accusations and military preparations.

    Russia Declares 'Fiery' Conflict with the West, Rejects Cold War Comparison

    Understanding the Current Russia-West Tensions

    MOSCOW (Reuters) -Russia on Thursday said that there was no Cold War with the West because it was now a "fiery" conflict, and that the European Union and the NATO military alliance were lying about alleged Moscow's sabotage operations to justify vast military spending.

    The Ukraine War and Its Implications

    The war in Ukraine, Europe's deadliest since World War Two, has sparked the biggest confrontation between Russia and the West since the 1962 Cuban Missile Crisis.

    Accusations and Military Preparations

    "I would disagree with the comparison with the Cold War," Russian Foreign Ministry spokeswoman Maria Zakharova told reporters when asked if there was now a new Cold War with an "Iron Curtain"-like drone wall being built in Europe.

    Putin's Perspective on Western Relations

    "We are already in another form of conflict. There has been no cold here for a long time; there is already fire here."

    Less than two months since U.S. President Donald Trump met President Vladimir Putin at a summit in Alaska, peace looks even further away with Russian forces advancing in Ukraine, Russian drones allegedly flying in NATO airspace and now Washington talking about direct participation in striking deep into the world's biggest nuclear power.

    Zakharova, when asked about European accusations that Russia has intruded into NATO airspace, carried out sabotage operations and hacked key installations, said that the unfounded accusations showed that the EU and NATO were preparing "provocations" against Moscow.

    "All their statements indicate - first, that they are preparing a chain of provocations. Second, that they need to justify their military budgets," Zakharova said.

    Former U.S. President Joe Biden, Western European leaders and Ukraine cast the Ukraine war as an imperial-style land grab and have repeatedly vowed to defeat Russian forces.

    President Vladimir Putin portrays the war as a watershed moment in Moscow's relations with the West, which he says humiliated Russia after the 1991 fall of the Soviet Union by enlarging NATO and encroaching on what he considers Moscow's sphere of influence, including Ukraine and Georgia.

    (Reporting by Dmitry Antonov; Writing by Gleb Stolyarov; Editing by Guy Faulconbridge)

    Table of Contents

    • Understanding the Current Russia-West Tensions
    • The Ukraine War and Its Implications
    • Accusations and Military Preparations
    • Putin's Perspective on Western Relations

    Key Takeaways

    • •Russia rejects Cold War comparison, calls it a 'fiery' conflict.
    • •Tensions rise over Ukraine war, the deadliest in Europe since WWII.
    • •Russia accuses EU and NATO of lying about sabotage operations.
    • •Putin sees the conflict as a pivotal moment in Western relations.
    • •Zakharova claims EU and NATO are preparing provocations against Moscow.

    Frequently Asked Questions about It's no Cold War - it's a 'fiery' conflict now with the West, Russia says

    1What is NATO?

    NATO, or the North Atlantic Treaty Organization, is a military alliance established in 1949 for mutual defense against aggression, primarily focused on collective security among its member states.

    More from Headlines

    Explore more articles in the Headlines category

    Image for UK police arrest two men over arson attack on Jewish community ambulances
    UK Police Arrest Two Men Over Arson Attack on Jewish Community Ambulances
    Image for Cricket-Bairstow joins Livingstone in criticising level of care in England set-up
    Cricket-Bairstow Joins Livingstone in Criticising Level of Care in England Set-Up
    Image for Mullally to be installed as first female Archbishop of Canterbury
    Mullally to Be Installed as First Female Archbishop of Canterbury
    Image for Cyprus seeks new security deal for UK bases, Telegraph reports
    Cyprus Seeks New Security Deal for UK Bases, Telegraph Reports
    Image for British army veteran completes record 100km Land Rover pull
    British Army Veteran Completes Record 100km Land Rover Pull
    Image for Pope Leo laments that Iran war 'getting worse and worse'
    Pope Leo Laments That Iran War 'getting Worse and Worse'
    Image for Denmark's left-wing bloc leads election but lacks majority, exit polls show
    Denmark's Left-Wing Bloc Leads Election but Lacks Majority, Exit Polls Show
    Image for Moldovan parliament backs energy state of emergency after power line put out of action
    Moldovan Parliament Backs Energy State of Emergency After Power Line Put Out of Action
    Image for US expected to send thousands more soldiers to Middle East, sources say
    US Expected to Send Thousands More Soldiers to Middle East, Sources Say
    Image for Brazil court places Bolsonaro under house arrest on health grounds
    Brazil Court Places Bolsonaro Under House Arrest on Health Grounds
    Image for Analysis-Gulf warnings and fears of miscalculation preceded Trump’s pause in Iran showdown
    Analysis-Gulf Warnings and Fears of Miscalculation Preceded Trump’s Pause in Iran Showdown
    Image for Italian justice undersecretary quits over mafia-linked restaurant scandal
    Italian Justice Undersecretary Quits Over Mafia-Linked Restaurant Scandal
    View All Headlines Posts
    Previous Headlines PostFactbox-Deadly Attacks in Britain in Recent Years
    Next Headlines PostThyssenkrupp Targets October 20 for Spin Off of Warship Business, Sources Say