The Russian central bank has cut its key interest rate by a full percentage point, a surprise move by the bank, which it justified by pointing to declining inflation pressure and a more robust rouble.

Russia launched a barrage of drones and ballistic missiles across broad swaths of Ukraine early Friday, killing at least three people and injuring dozens of others, days after Kyiv launched a daring raid on Moscow’s fleet of strategic bombers.

Ukraine's President Zelensky stated that the Russian offensive had hit almost all of the country, leaving several people injured and covered under debris.