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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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Market Turmoil: Stocks Plunge Amid Renewed Trade War Concerns

    

The U.S. stock market faced a sharp downturn today as escalating trade tensions between the United States and China rattled investor confidence. The Dow Jones Industrial Average fell by approximately 1,000 points, marking a 2.5% decline. Meanwhile, the S&P 500 dropped 3.5%, and the tech-heavy Nasdaq Composite tumbled 4.3%.

The sell-off was triggered by the White House's announcement of increased tariffs on Chinese goods, raising the total levies to 145%. This unexpected escalation in the trade war has left Wall Street grappling with uncertainty. Analysts warn that the heightened tariffs could lead to slower economic growth and rising prices, further straining the U.S. economy.

Despite a brief respite in the trade battle earlier this week, today's developments underscore the volatile nature of the market. Investors are now bracing for more turbulence as the trade war continues to unfold.



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