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Attacks on Ukraine intensify, Russia becomes uninvestable, commodities gain.

A steady stream of penalties against Moscow has so far had little impact on the ground in Ukraine where the Russian invasion continues to ramp up. There were more reports of heavy shelling overnight and a massive military convoy is slowly making its way towards Kyiv. The head of Ukraine’s nuclear-power utility has called for an international intervention to ensure the safety of the country’s 15 atomic reactors. The continued heavy fighting means hopes for a successful conclusion of peace talks remain low for now. Russia said it would continue its “operation” in Ukraine until its goals are met.