Vladimir Putin Warns Russia May Strike Kyiv With New Ballistic Missiles
(Bloomberg) -- President Vladimir Putin warned that his forces could strike “decision-making centers” in the Ukrainian capital of Kyiv with new ballistic missiles as retaliation for attacks on Russia using Western missiles.
“The Defense Ministry and the General Staff are selecting targets to hit on Ukrainian territory,” Putin said during a regional security meeting in Kazakhstan's capital Astana on Thursday. “These could be military facilities, defense industry enterprises or decision-making centers in Kyiv.”
Russia has said it will strike back for recent Ukrainian attacks using US-supplied ATACMS and UK-made Storm Shadow long-range missiles as the nearly three-year war on Ukraine continues to escalate.
The US last week allowed Kyiv to strike Russian territory with weapons supplied by Washington for the first time since the start of Moscow's invasion in February 2022.
Russia in response launched an experimental intermediate-range ballistic missile that is capable of carrying a nuclear warhead. Putin later said his forces may fire the new missile in combat again.
The decisions by London and Washington to allow the strikes, which Kyiv had long requested, came in response to the Kremlin deploying North Korean troops to fight against Ukraine, according to officials from both governments.
Putin last week also lowered the threshold for using Russia's arsenal of atomic weapons, including to allow a nuclear response to a “massive” conventional attack.
On Thursday morning, Russian forces attacked energy infrastructure throughout Ukraine for the 11th time this year, according to the country's power grid operator, prompting emergency electricity cuts across the country, including in Kyiv. It was Moscow's second large-scale barrage using both drones and missiles this month.
The Russian president said Oreshnik, the ballistic missile that Russia fired at the Ukrainian city of Dnipro, could replicate the force of a nuclear bomb if used in massive quantities. He said the Kremlin had several missiles of this type in its arsenal.
“We will respond to the ongoing strikes on Russian territory with Western-made long-range missiles, including by possibly continuing to test the Oreshnik in combat conditions,” Putin said.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
-
Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
-
Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.
-
'Never Seen This Level Of Negativity': Sandeep Tandon Says The Next Rally May Be Closer Than You Think
Veteran investor Sandeep Tandon says foreign selling is easing, large-caps are due a comeback and mid-caps are crowded, while he turns positive on gold, power and pharma this Diwali.
-
Indians Stay With Family, Not In Hotels | The Reason Why
India still lacks enough clean, reliable and affordable hotels for budget-conscious travellers.
-
The Economic Imperative: Analysing The Material Driving Force Behind India-Canada Strategic Reset
This economic complementarity is further reinforced by deep institutional investment ties and talent mobility, which form the bedrock of the bilateral framework.
-
Medicine Pricing: Where Must Profit Stop?
India must confront excessive margins, hidden incentives and regulatory gaps that threaten the integrity of medicine.
-
Why Amazon And Flipkart Are Struggling To Beat Meesho In India's Smaller Cities
With 274 million users and lowest-cost logistics, Meesho is defending its value commerce crown against giants like Amazon and Flipkart.