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    Home > Headlines > Ukrainian capital Kyiv under massive Russian attack, officials say
    Headlines

    Ukrainian capital Kyiv under massive Russian attack, officials say

    Published by Global Banking & Finance Review®

    Posted on December 27, 2025

    1 min read

    Last updated: January 20, 2026

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    Tags:Presidentfinancial crisisinternational financial institutioneconomic growthfinancial stability

    Quick Summary

    Kyiv experienced a massive Russian attack with missiles and explosions, as President Zelenskiy prepares to meet Trump to discuss the ongoing conflict.

    Kyiv Faces Massive Russian Attack Amid Rising Tensions

    Dec 27 (Reuters) - The Ukrainian capital Kyiv came under a massive Russian attack early on Saturday, with explosions sounding in the city, air defences in operation and the Ukrainian military saying missiles were being deployed.

    The Russian action took place two days before a meeting Ukrainian President Volodymyr Zelenskiy says he is due to hold in the United States with President Donald Trump to work out details of an accord for settling the nearly four-year-old war pitting Russia against Ukraine.

    Reuters eyewitnesses said air defences were in action in the city and unofficial Telegram channels reported explosions.

    A military Telegram channel said cruise and ballistic missiles were being deployed in the city.

    (Reporting by Ron Popeski; Editing by Raju Gopalakrishnan)

    Key Takeaways

    • •Kyiv was attacked by Russian missiles early Saturday.
    • •Explosions and air defenses were reported in the city.
    • •Zelenskiy plans to meet Trump to discuss the conflict.
    • •Cruise and ballistic missiles were used in the attack.
    • •The attack occurred two days before a critical meeting.

    Frequently Asked Questions about Ukrainian capital Kyiv under massive Russian attack, officials say

    1What is a financial crisis?

    A financial crisis is a situation where financial assets suddenly lose a large part of their nominal value. It can lead to widespread economic instability, affecting banks, businesses, and consumers.

    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 financial stability?

    Financial stability is a condition where the financial system operates effectively, allowing for the smooth functioning of financial markets and institutions, without excessive volatility or crises.

    4What is an international financial institution?

    An international financial institution is an organization that provides financial support and advice for economic development, such as the World Bank or the International Monetary Fund (IMF).

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