CNBC contributor Larry McDonald, and Dennis Gartman, The Gartman Letter, discuss how broader economic sanctions will impact the Russian economy and citizens, and if now is the time to buy Russia.» Read More
Former Chairman of Goldman Sachs Asset Management, Jim O'Neill shares his opinions on sanctions against Ukraine and weighs in on how the G8 can pressure Russia. "G8 doesn't serve any useful purpose in the modern complex world," O'Neill says.
CNBC's Simon Hobbs shows how Europe is reacting to tensions in Ukraine.
RUSSIAN CENTRAL BANK SAYS THAT AFTER MOSCOW FINANCIAL MARKETS STABILISE IT WILL CONTINUE ON ITS PATH TO INFLATION TARGETING AND ROUBLE'S FREE FLOAT- PRESS OFFICE.
*Gold hits 4- month highs on safe-haven buying. LONDON/ SINGAPORE, March 3- Gold, crude oil and grains surged on Monday while industrial metals slid as investors reacted to escalating tensions between Moscow and Kiev after the Russian military tightened its grip on Ukraine's Crimea region.
NBC's Jim Maceda reports the chief commander of Russia's Black Sea Fleet has issued an ultimatum to Ukrainian forces to surrender or be subjected to an armed assault.
Andrew Foxall, director of the Russia Studies Center at the Henry Jackson Society, says that Russia's actions were "pre-planned".
CNBC's Michelle Caruso-Cabrera discusses the economic impact the Ukrainian crisis is having on the Russian economy.
Ukrainian Prime Minister Arseniy Yatsenyuk believes a political and diplomatic solution can be reached, reports CNBC's Steve Sedgwick.
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.