In the end of august this year, the Germans reached Stalingrad. Even though the city was more or less destroyed, the Russians refused to surrender. They have now started a ferocious counter-attack and the last weeks we have seen drastic change. They have trapped the Germans, whose supply lines were dangerously extended, in a large pincer movement. With his retreat cut off, the German commander von Paulus had no reasonable alternative but to surrender with 94 000 men. We believe this may lead to a turning point in the war.
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