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President Volodymyr Zelenskyy and Yuri Ushakov, President Vladimir Putin's foreign affairs adviser, both confirmed the agreement for a three-day ceasefire and an exchange of prisoners.
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The event, shrunken because of security fears, adds to a sense that Moscow and other Russian cities can no longer be insulated from the war.
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The Russian leader used his annual speech to justify his so-called special military operation in Ukraine.
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Trump announced the three-day halt in fighting, which coincides with Russia's Victory Day celebrations.
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