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    Home > Headlines > Russian overnight attack sparks fire in Kyiv, Ukraine military says
    Headlines
    Russian overnight attack sparks fire in Kyiv, Ukraine military says

    Published by Global Banking and Finance Review

    Posted on January 12, 2026

    Featured image for article about Headlines
    Tags:insurancefinancial crisiseconomic growthforeign currencyfinancial stability

    Overnight Russian Airstrike Causes Fire in Kyiv, Ukraine Reports

    Overview of the Russian Airstrike

    KYIV, Jan 12 (Reuters) - Russia launched an overnight air attack on Kyiv, sparking a fire in one of the city's districts, Ukrainian military said on Monday.

    Details of the Attack

    Ukrainian air defence units were trying to repel the attack, Timur Tkachenko, head of Kyiv's military administration, said on Telegram.

    Response from Ukrainian Military

    (Reporting by Gleb Garanich in Kyiv and Lidia Kelly in Melbourne; Editing by Himani Sarkar)

    Frequently Asked Questions about Russian overnight attack sparks fire in Kyiv, Ukraine military says
    1What is an airstrike?

    An airstrike is a military attack involving the use of aircraft to target ground-based enemies or infrastructure, often resulting in significant damage or destruction.

    2What is economic growth?

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

    3What is foreign currency?

    Foreign currency refers to the money used in other countries, which can be exchanged for the local currency. It is essential for international trade and travel.

    4What is financial stability?

    Financial stability is a condition where the financial system operates effectively, maintaining confidence in the economy, and minimizing the risk of financial crises.

    5What is a financial crisis?

    A financial crisis is a situation where financial assets suddenly lose a large part of their nominal value, often leading to widespread economic disruption and instability.

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