Published by Global Banking & Finance Review®
Posted on January 10, 2026
2 min readLast updated: January 20, 2026
A Ukrainian drone attack on Voronezh, Russia, resulted in one fatality and significant building damage, amid ongoing conflict.
Jan 11 (Reuters) - A woman died and three other people were injured in an overnight Ukrainian drone attack on the southern Russian city of Voronezh, the region’s Governor Alexander Gusev said on Sunday.
More than 10 apartment buildings, about 10 private houses, a secondary school and several administrative buildings were damaged in the attack on the city, Gusev said on the Telegram messaging app.
“Our city was subjected to one of the heaviest drone attacks since the start of the special military operation," Gusev said, using Moscow’s term for its war in Ukraine.
The full-scale of the attack on Voronezh, which lies 470 km (292 miles) from Moscow and roughly 250 km (155 miles) from the border with Ukraine, was not immediately clear. Reuters could not independently verify the reports.
Ukraine says it strikes targets inside Russia in the war that Moscow launched nearly four years ago to disrupt the Kremlin's war effort and in response to repeated missile and drone attacks on Ukrainian cities and infrastructure, including energy facilities.
Russia launched a hypersonic missile on Friday at a site in Ukraine near NATO-member Poland, a strike Kyiv’s European allies portrayed as an effort to deter them from continuing support for Ukraine.
(Reporting by Lidia Kelly in Melbourne; Editing by Alistair Bell and Michael Perry)
A drone strike is an attack carried out by an unmanned aerial vehicle (UAV) that can deliver weapons or explosives to a target. These strikes are often used in military operations.
Financial stability refers to a condition where the financial system operates smoothly, allowing for efficient allocation of resources and minimizing the risk of financial crises.
Risk management is the process of identifying, assessing, and controlling threats to an organization's capital and earnings. It involves strategies to mitigate potential risks.
A financial crisis is a situation in which the value of financial institutions or assets drops rapidly, leading to a loss of confidence and potentially causing widespread economic disruption.
Insurance is a financial product that provides protection against potential future losses or damages in exchange for regular premium payments. It helps individuals and businesses manage risk.
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