Friday 9 May 2014

Ukraine looks to be heading for a crunch on Monday that will panic financial markets « ArabianMoney

Ukraine looks to be heading for a crunch on Monday that will panic financial markets « ArabianMoney:



"Global financial markets have been ignoring the Ukraine as a Russian sideshow but that could well change on Monday after the referendums on independence this Sunday in the eastern region. This will take the civil war to a new stage as the new administrations are likely to immediately call on Russia for military support. 




Russian President Vladimir Putin has been cleverly trying to distance himself from the situation of the ground that his special forces have promoted in a tightly planned operation. He asked for the referendums to be delayed and said his troops have been pulled back from the border. The US insists the troops are still there and indeed Russian forces are undergoing a mobilization exercise."



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