Up-date on Turmoil in Ukraine

– On Friday US President Obama stated that there would be costs if there was a military intervention in

Ukraine

– On Friday Crimea Governor (pro-Russia): asked Putin for help to maintain peace in the region; 

– On Sat March 1st, Russia’s parliament voted unanimously to authorize a request from President Vladimir Putin to deploy troops in Ukraine until situation is normalized

– In a phone call on Sat, March 1st President Putin told US President Obama that Russia reserves the right to protect its interests in Crimea and Eastern Ukraine to prevent the spread of violence.

-Ukraine: puts army on alert & called up military reserves; asked EU, US and NATO to study ways to protect it

– US State Sec Kerry: Calls Russia’s moves an incredible act of aggression; calls on Russia to diffuse the situation or West is ready to go to the hilt to isolate Russia; 

– Source TradeTheNews.com