As the Kremlin announced plans for Vladimir Putin to meet with Ukrainian leaders, shells hit the eastern Ukrainian city of Donetsk.» Read More
The Russian stock market has been getting hit hard, CNBC's Michelle Caruso-Cabrera and Steve Liesman, discuss why investors may be looking at Russia as an investment opportunity.
*Yen slides broadly as Russia sanctions seen as modest. The yen fell broadly after the United States and the European Union imposed what investors perceived to be only modest economic sanctions on some officials of Russia and Ukraine following Crimea's vote to join Moscow.
*Russia wants "support group" to make Ukraine neutral. SIMFEROPOL/ BRUSSELS, March 17- The United States and the European Union imposed sanctions including asset freezes and travel bans on a small group of officials from Russia and Ukraine after Crimea applied to join Russia on Monday following a weekend referendum.
Ukraine would rather have a diplomatic solution to the crisis with Russia but will defend itself if provoked further, says Arseniy Yatsenyuk, Ukrainian prime minister.
Russia has made a "big mistake" as no country in the world will cooperate with a Russian Crimea, says Petro Poroshenko, Ukraine member of Parliament.
Andrew Foxall, director of the Russia studies center at The Henry Jackson Society, says the Crimean referendum could be seen as "hugely significant" because of what it reveals about Putin's nature.
Russia is not only interested in Crimea but the whole of Ukraine, says Ukrainian presidential candidate Vitali Klitschko, but adds that the country is "ready to defend" itself.
Many in Russia hope the annexation of the southern Ukrainian region will offer only benefits and an opportunity to celebrate the "return home" of Russia's more than 1 million "brothers" after being handed to Ukraine 60 years ago.
LONDON, March 17- Global oil prices fell below $107 a barrel on Monday on receding fears of an escalation of tension in Crimea after its vote to join Russia passed without major violence and U.S. and European sanctions appeared limited to individuals. "They're token sanctions because there isn't the appetite there to punish Russia significantly."
CNBC's Steve Sedgwick spoke with Ukrainian Prime Minister Arseniy Yatsenyuk about defending the country's sovereignty.
NEW YORK, March 17- The safe-haven yen fell broadly on Monday after the United States and the European Union imposed what investors perceived to be modest economic sanctions on some officials of Russia and Ukraine following Crimea's vote to join Moscow over the weekend.
CNBC's Eamon Javers reacts to President Obama's move to authorize a "very tough" set of sanctions on Russia.
President Barack Obama announces a series of sanctions against Russia and warned of further measures. Obama said, "Ukraine's sovereignty and territorial integrity must be respected and international law must be upheld."
Discussing what Ukraine means for global markets, with CNBC's Michelle Caruso-Cabrera.
Crimea voted to secede from Ukraine and join Russia, a move declared illegal by western leaders, reports NBC's Ian Williams.
Obama's executive order issued Monday names seven Russian government officials, after Crimea's vote to secede from Ukraine.
*Gold heads for biggest quarterly gain in 27 years. LONDON, March 17- Gold hit its highest in six months on Monday as appetite for risk remained cautious following Crimea's vote to break from Ukraine and Western countries' sanctions on Moscow and Kiev officials.
*Gazprom's shares down 1.1 pct, bucking a rising broader Moscow market. MOSCOW, March 17- Russia's top natural gas producer Gazprom is considering making changes to contracts to keep its European customers on board despite western sanctions on Russia over Ukraine, the Vedomosti newspaper said on Monday.
President Obama has signed a new executive order expanding on sanctions imposed in an executive order less than two weeks ago. The White House will block the assets of certain Russian officials, as well as a travel ban.
CNBC's Steve Sedgwick reports on comments made by Ukrainian member of Parliament Vitali Klitschko about whether the Russians have what they want from Ukraine.