Russia carried out a major strike on Ukraine just hours after President Volodymyr Zelenskyy addressed the United Nations. The attack killed at least nine people and injured several others. This event highlights the continuation of hostilities despite ongoing diplomatic efforts. Markets are now pricing in a reduced likelihood of a ceasefire agreement between Russia and Ukraine by the end of 2026. The intensification of combat suggests that Russia is prioritizing military objectives over a diplomatic resolution of the conflict.
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