A powerful explosion, described as a parcel bomb, rocked a residential area in Monaco, injuring three individuals, including Ukrainian tycoon Vadym Yermolaiev and his family. Reports confirm that the blast was a deliberate attack targeting the businessman, who is sanctioned by Ukraine. Witnesses described a chaotic scene as emergency services arrived, while a manhunt has been launched for the suspected attacker, who has fled to France. Local authorities have condemned the incident, and investigations are ongoing, though the public prosecutor has stated it is not being treated as a terrorist attack.