Russian air defences down 29 Moscow-bound drones over 20 hours, mayor says
Published by Global Banking & Finance Review®
Posted on January 1, 2026
1 min readLast updated: January 20, 2026

Published by Global Banking & Finance Review®
Posted on January 1, 2026
1 min readLast updated: January 20, 2026

Russian air defences intercepted 29 Ukrainian drones targeting Moscow over a 20-hour New Year period, according to Mayor Sergei Sobyanin.
Jan 1 (Reuters) - Russian air defence units downed a total of 29 Ukrainian drones headed for Moscow over a 20-hour New Year period, Mayor Sergei Sobyanin said.
Sobyanin issued a long series of posts starting just before midnight (2100 GMT) on New Year's Eve, detailing the downing of drones. Specialist crews were examining fragments from the drones at the sites where they had hit the ground.
Sobyanin made no mention of casualties or damage.
Restrictions were in place on the evening of New Year's Day for two Moscow airports.
(Reporting by Reuters; Editing by Chris Reese and Nick Zieminski)
Financial stability refers to a condition where the financial system operates effectively, allowing for the smooth functioning of financial markets and institutions, minimizing the risk of financial crises.
Risk management is the process of identifying, assessing, and prioritizing risks followed by coordinated efforts to minimize, control, and monitor the impact of unforeseen events on an organization.
A financial crisis is a situation where the value of financial institutions or assets drops significantly, leading to a loss of confidence in the economy, often resulting in economic downturns.
Economic growth is the increase in the production of goods and services in an economy over a specific period, typically measured by the rise in real GDP.
Insurance is a financial product that provides protection against potential future losses or damages, ensuring that individuals or businesses can recover financially from unforeseen events.
Explore more articles in the Headlines category


