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Massive Russian Strikes Cripple Ukraine’s Power Grid Ahead of Peace Talks

An employee works at a thermal power plant damaged by multiple Russian missile strikes, in an undisclosed location in Ukraine. Russian forces launched a sweeping overnight assault on Ukraine’s energy network, striking multiple regions just hours before planned peace discussions. The barrage targeted major cities including Kyiv and Kharkiv, damaging power stations and transmission lines that millions rely on for heat and electricity during freezing winter conditions. Ukrainian officials reported widespread outages, with emergency crews working through the night to stabilize the grid. Residential areas were also hit, leaving civilians injured and prompting renewed concerns about the humanitarian toll of the conflict. The timing of the strikes has drawn sharp criticism from Ukrainian leaders, who argue the attacks are intended to undermine the upcoming negotiations and pressure Kyiv at the bargaining table. Despite the escalation, both sides are still expected to attend the talks, thou...

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Suez Canal Crisis: A Threat to Global Trade and Egypt’s Economy



The Suez Canal, a vital waterway for global trade, is facing a severe threat due to attacks by Houthi militants. These attacks have led to a significant decrease in canal traffic, as ship owners reroute to avoid the region, opting for the longer journey around the Cape of Good Hope. This shift has dire consequences for Egypt’s economy, which is already grappling with high inflation and a potential refugee crisis. The canal’s revenue, crucial for the nation’s finances, has seen a dramatic drop, exacerbating the economic challenges Egypt faces. The situation underscores the fragility of international supply chains and the far-reaching impact of regional conflicts on the global economy.

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