KYIV: Russia and Ukraine exchanged drone, missile and shelling attacks on Sunday. At least two people were killed in Ukrainian strikes on the partly Russian-occupied Donetsk region, Russian state media said, while Ukrainian officials said Russian strikes wounded at least five people.
Along the front line in the east, Russia said it had taken control of two villages, one in the Kharkiv region and one in the Luhansk region.
Ukrainian shelling of Russia-held areas of the Donetsk region killed two people in the village of Horlivka, Russian state news agency RIA Novosti said.
Three people were wounded by Russian drone strikes in southern Ukraine’s partly occupied Kherson region, local officials said Sunday morning. In the country’s northeast, officials in the Kharkiv region said two people were wounded when a village was hit by Russian shells.
Overnight into Sunday, Ukraine’s air defenses intercepted 35 of the 39 drones launched by Russia, according to air force commander Mykola Oleschuk. In addition, Russia launched three ballistic missiles and two guided air missiles, which did not reach their targets, he said.
Russia’s Ministry of Defense said Sunday that its troops had taken control of two villages: Pishchane Nizhne in the Kharkiv region and Andriivka, sometimes referred to as Rozivka, in the Luhansk region. Kyiv did not immediately comment.
Officials in the northern Sumy region said Sunday that Russia launched a missile strike on “critical infrastructure facilities” in the city of Shostka. City mayor Mykola Noha specified that “two heating facilities” had been destroyed and called on residents to use electricity sparingly and stock up on water.
With few changes reported along the 1,000-kilometer (600-mile) front line, where a recent push by the Kremlin’s forces in eastern and northeastern Ukraine has made only incremental gains, both sides in the war have taken aim at infrastructure targets — seeking to curb each other’s ability to fight in a war that is now in its third year.
Russian air defense systems overnight destroyed eight drones over the country’s Belgorod region and over the Black Sea, the Russian Ministry of Defense said.
Russian air defense also shot down two long-range ballistic ATACMS missiles in the sky over the Kherson region heading for Russia-annexed Crimea, Russia-installed Kherson governor Vladimir Saldo said.
Nine people were wounded over the previous day in shelling in the town of Shebekino in Russia’s Belgorod region, bordering Ukraine, Gov. Vyacheslav Gladkov said on Sunday morning.
Civilians killed and wounded as Russia and Ukraine trade attacks, Russia claims gains in the east
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Civilians killed and wounded as Russia and Ukraine trade attacks, Russia claims gains in the east
- Overnight into Sunday, Ukraine’s air defenses intercepted 35 of the 39 drones launched by Russia
Britain needs ‘AI stress tests’ for financial services, lawmakers say
- Lawmakers urge AI-specific stress tests for financial firms
LONDON: Britain’s financial watchdogs are not doing enough to stop artificial intelligence from harming consumers or destabilising markets, a cross-party group of lawmakers said on Tuesday, urging regulators to move away from what it called a “wait and see” approach.
In a report on AI in financial services, the Treasury Committee said the Financial Conduct Authority and the Bank of England should start running AI-specific stress tests to help firms prepare for market shocks triggered by automated systems.
The committee also called on the FCA to publish detailed guidance by the end of 2026 on how consumer protection rules apply to AI, and on the extent to which senior managers should be expected to understand the systems they oversee.
“Based on the evidence I’ve seen, I do not feel confident that our financial system is prepared if there was a major AI-related incident and that is worrying,” committee chair Meg Hillier said in a statement.
TECHNOLOGY CARRIES ‘SIGNIFICANT RISKS’
A race among banks to adopt agentic AI, which unlike generative AI can make decisions and take autonomous action, runs new risks for retail customers, the FCA told Reuters late last year.
About three-quarters of UK financial firms now use AI. Companies are deploying the technology across core functions, from processing insurance claims to performing credit assessments.
While the report acknowledged the benefits of AI, it warned the technology also carried “significant risks” including opaque credit decisions, the potential exclusion of vulnerable consumers through algorithmic tailoring, fraud, and the spread of unregulated financial advice through AI chatbots.
Experts contributing to the report also highlighted threats to financial stability, pointing to the reliance on a small group of US tech giants for AI and cloud services. Some also noted that AI-driven trading systems may amplify herding behavior in markets, risking a financial crisis in a worst-case scenario.
An FCA spokesperson said the regulator welcomed the focus on AI and would review the report. The regulator has previously indicated it does not favor AI-specific rules due to the pace of technological change.
The BoE did not respond to a request for comment.
Hillier told Reuters that increasingly sophisticated forms of generative AI were influencing financial decisions. “If something has gone wrong in the system, that could have a very big impact on the consumer,” she said.
Separately, Britain’s finance ministry appointed Starling Bank CIO Harriet Rees and Lloyds Banking Group ‘s Rohit Dhawan as “AI Champions” to help steer AI adoption in financial services.
