Russian Stocks Drop as Ukraine Fears Continue | Business | RIA Novosti:
"MOSCOW, March 12 (RIA Novosti) – Russian equity markets fell sharply Wednesday as the Kremlin appeared to be gearing up for a full-scale annexation of the southern Ukrainian peninsula of Crimea amid international tensions.
The MICEX Index fell 1.64 percent after trading began in Moscow, while the dollar-denominated RTS Index dropped 4.02 percent. Stocks later pared losses, but both bourses were down almost 1 percent at midday.
Markets have been under pressure since troops wearing Russian uniforms seized military installations in Crimea in apparent bid to gain control of the territory after the Ukrainian opposition swept to power in the capital, Kiev."
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