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.

Russia unleashed a barrage of missiles, drones and bombs across Ukraine early Saturday, killing five people in a major attack that the mayor of Kharkiv, Ukraine's second largest city, described as unprecedented.

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.