Ukrainian incursion into Russian territory

Ukrainian forces launched a surprise attack on Russian territory, gaining ground and holding nearly 500 square miles. Russian troops have not been able to push them back, leading to a stalemate. Both sides are focused on advancing in enemy territory while leaving their own vulnerable. The situation is tense, with fears of escalation and potential long-term occupation.

Art Auction Market Decline

Art auction sales at major auction houses are expected to be down from last year, with a decline in the art market following a peak in 2021-2022 due to factors like cheap money, a booming stock market, and fiscal stimulus. The decline is attributed to a lack of supply as sellers hold back on selling their trophies for a better market environment, leading to a stalemate between sellers and buyers.