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Shots were fired in Crimea to warn off an unarmed international team of monitors and at a Ukrainian observation plane, as the standoff between occupying Russian forces and besieged Ukrainian troops intensified.
The bailout money Ukraine is getting may go directly to Russia, analysts tell CNBC.
Veteran emerging markets investor Mark Mobius said he remained interested in some Ukrainian stocks, after surprising gains in the market this year.
EU stocks posted their first weekly loss in five weeks on Friday, hit by ongoing turmoil in the Ukraine and disappointment in the lack of action from the ECB.
Russia said any U.S. sanctions imposed on Moscow over the crisis in Ukraine will boomerang back on the United States.
Ukraine Prime Minister Yatsenyuk told CNBC his country is not prepared to make concessions over Crimea, the region at the center of tensions between Russia and the West.
Scots stand to lose out on their pension pots if they opt for independence in a vote this September, a senior British minister warned on Friday.
President Vladimir Putin rebuffed a warning from Barack Obama over Moscow's military intervention in Crimea, saying that Russia could not ignore calls for help from ethnic Russians in Ukraine.
Piraeus Bank, one of Greece’s largest banks, will be the first Greek bank to raise new capital on the markets since the start of the euro zone crisis.
George Osborne faces a black hole of more than £20 billion in the public finances,according to official government economic models, the Financial Times reports.
The euro hit a two-and-a-half high against the dollar on Friday, after an upbeat tone from the ECB, and analysts said it could be set to power higher.
Hong Kong businessman Carson Yeung was sentenced to six years in jail on Friday for money laundering.
While tensions in Ukraine have ebbed, it’s not time for global markets to put the crisis behind just yet, analysts say.
Crimea's parliament voted on Thursday to join Russia, setting a referendum in 10 days, drawing a sharp riposte from U.S. President Barack Obama.
U.S. investments in Russia and Ukraine are not likely to be heavily impacted, long term, by current military and political tensions.
As Ukraine remains in crisis mode, the country's oligarchs have more than their wealth at stake.
The crisis on Ukraine can still send the markets into a tailspin, despite Russia appearing to back away from all-out war.
Interim finance minister Oleksander Shlapak told CNBC that Ukraine would not default on its debts despite being nearly broke.
The European Central Bank (ECB) upped its growth forecast for 2014 on Thursday, sending the euro higher, but downgraded its outlook for inflation.
The French government had barely breathed a sigh of relief on Thursday as unemployment dipped in the last quarter of 2013, before a survey showed the people's economic morale is plummeting.
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