Ron Wahid, CEO of Arcanum, says the West needs to impose tougher sanctions on Russia and discusses public opinion in Russia.» Read More
MOSCOW, March 3- President Vladimir Putin's decision to raise the stakes in Ukraine could cause lasting damage to Russia's own economy.
*Gold stocks rise, tracking the metal's price move. NEW YORK, March 3- U.S. stocks fell on Monday alongside other risk assets globally as Ukraine and Russia prepared for possible war after Russian President Vladimir Putin declared he had the right to invade his neighbor.
LONDON, March 3- Europe will become even more dependent on Gazprom's gas supplies in years to come, the Russian state company said on Monday, despite calls for sanctions against Moscow over the Ukraine crisis.
LONDON, March 3- Ukraine's natural gas stocks can meet four months of demand should Russia cut supplies and most of reserves are in its west and far away from any potential Russian intervention, industry sources said.
Russia has sent troops to occupy Crimea. NBC's Jim Maceda discusses what leverage the U.S. and the EU have over Russia.
KIEV, March 3- Ukraine, one of the world's largest grain exporters, will make sure political turmoil does not reduce spring grains sowing, the country's new agriculture minister said, easing concerns over this year's harvest.
*Ukraine border guards say build-up of Russian armoured vehicles near Crimea. MOSCOW/ PEREVALNOYE, Ukraine, March 3- Russia paid a financial price on Monday for its military intervention in neighbouring Ukraine, with stocks, bonds and the rouble plunging as President Vladimir Putin's forces tightened their grip on the Russian-speaking Crimea region.
*Ukraine tensions heighten on Russia's military intervention. "Investors turned to classic safe havens amid heightened tensions in Ukraine," said Joe Manimbo, senior market analyst, at Western Union Business Solutions in Washington.
*Gold stocks rise, tracking the metal's price move. NEW YORK, March 3- U.S. stocks were set to open sharply lower on Monday, alongside other risk assets, as Ukraine and Russia prepared for war after Russian President Vladimir Putin declared he had the right to invade his neighbor.
*Germany has close economic and energy ties to Russia. BERLIN, March 3- Heavily dependent on Russian gas and closer to Moscow than any other leading western nation, Germany faces a major policy dilemma as the Ukraine crisis descends into a Cold War-style confrontation of tit-for-tat threats and ultimatums.
NBC News Correspondent Jim Maceda reports Russian forces have occupied Crimea's airports, ferry ports and telecom towers.
The Ukrainian government is legitimate and Russia "needs to cope with this", Arseniy Yatsenyuk, Ukraine's prime minister told CNBC, urging Putin to "immediately pull back" Russian troops.
Russia is now firmly in control of Crimea, reports NBC's Jim Maceda, with the latest developments in the region.
DONETSK, Ukraine, March 3- Pro-Russian demonstrators occupied the first floor of the regional government building in east Ukraine's city of Donetsk on Monday, the latest in days of rallies that Kiev says are organised by Moscow as a pretext to invade.
LONDON/ PRAGUE March 3- A mild winter and improved infrastructure mean Europe is less reliant on Russian natural gas pumped through Ukraine than in past years, easing worries that the escalating crisis in Ukraine could hurt supplies.
MOSCOW/ PEREVALNOYE, Ukraine, March 3- Russia took a financial hit over its military intervention in neighbouring Ukraine, with its markets and currency plunging on Monday as President Vladimir Putin's forces tightened their grip on the Russian-speaking Crimea region.
CNBC's Michelle Caruso-Cabrera reports global stocks are lower but not nearly as low as Russian stocks which are showing signs of capital flight after Putin's threats to invade Ukraine.
*Germany, France, Finland promoting OSCE negotiation effort. BRUSSELS, March 3- European Union foreign ministers will push on Monday for high-level mediation to resolve the crisis over Russia's invasion of Crimea, while threatening the possibility of sanctions if Russia does not back down.
*Cbank's interventions to prop up rouble seen at $10 billion. *Slide follows Putin's declaration of right to invade Ukraine.
*United States, Europe differ over trade sanctions. LONDON, March 3- Crude oil prices jumped more than $2 a barrel to multi-month highs on Monday, lifted by rising tension in Ukraine after Russian President Vladimir Putin declared he had the right to invade his neighbour.