• *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.

  • Putin new Hitler of 21st century?     Monday, 3 Mar 2014 | 6:04 AM ET
    Ukrainian soldiers stand inside a Ukrainian military base as unidentified heavily armed soldiers stand outside, March 3, 2014, in Perevalne, Ukraine.

    The rhetoric is heating up as Russian forces move into Crimea, reports CNBC's Steve Sedgwick on the latest details from the escalating conflict between Ukraine and Russia.

  • MOSCOW, March 3- Russia's central bank sold up to $10 billion, or 2 percent of its gold and foreign exchange reserves, to stem the rouble's fall on Monday, Moscow foreign exchange dealers estimated. "There have been some $11 billion sold today, some $10 billion came from the central bank," said Mikhail Paley, a dealer at VTB Capital.


  • LONDON, March 3- Fears of full-fledged Russia- Ukraine war reverberated across emerging markets on Monday, with the hardest hit taken by Moscow, where stocks fell 10 percent and the rouble's plunge to record lows led to a surprise interest rate hike.

  • BRUSSELS, March 3- The European Union is unlikely to match the United States in threatening sanctions against Russia when its foreign ministers meet to discuss Ukraine on Monday, instead pushing for mediation between Moscow and Kiev, officials say.

  • *Slide follows Putin's declaration of right to invade Ukraine. MOSCOW, March 3- Russian assets tumbled and the central bank hiked interest rates on Monday as markets took fright at the escalating tensions with neighbouring Ukraine.

  • MOSCOW/ KIEV March 3- Ukraine has increased Russian natural gas imports over the last few days, a spokesman for Ukraine's gas transit monopoly Ukrtransgas said on Monday, after Moscow said it may end lower prices to its neighbour.

  • *Ukraine border guards say build-up of Russian armoured vehicles near Crimea. KIEV/ BALACLAVA, Ukraine, March 3- Ukraine said Russia was building up armoured vehicles on its side of a narrow stretch of water near the Ukrainian region of Crimea after President Vladimir Putin said he had the right to invade his neighbour, prompting a sell-off in Russian assets.

  • LONDON, March 3- The Japanese yen was at its strongest in a month against the dollar on Monday and looked set for more gains as investors sought safe havens from the risk of conflict in Ukraine and an economic slowdown in China.

  • *Slide follows Putin's declaration of right to invade Ukraine. MOSCOW, March 3- Russia's central bank hiked its key lending rate by 1.5 percentage points on Monday after the rouble hit an all-time low on President Vladimir Putin's declaration at the weekend of his right to invade Ukraine.

  • Daragh McDowell, senior analyst at Maplecroft, says Russia is trying to provoke a "Georgian-style scenario" by forcing Ukraine to fire the first shot and says a Western-led military action against Russia is unlikely.

  • Putin is trying to pressure Ukraine into a certain economic agenda says Volodymyr Ariev, independent minister in the Ukrainian Parliament, adding that the country's army has been significantly weakened.

  • *Slide follows Putin's declaration of right to invade Ukraine. MOSCOW, March 3- Russian asset prices plummeted on Monday, with the rouble hitting an all-time low against the euro and the dollar, and stocks losing 7 percent after President Vladimir Putin declared the right to invade Ukraine at the weekend.

  • TOKYO, March 3- Japan's Nikkei average slid to a 1-1/ 2- week low on Monday as escalating tensions in Ukraine sparked risk aversion and a stronger yen hurt the mood, but the oil sector bucked the trend after crude prices rallied to multi-month highs.

  • 'Calling for de-escalation': NATO     Monday, 3 Mar 2014 | 1:13 AM ET

    NATO and the U.K. have called on Russia to "de-escalate tensions", as the Ukrainian acting foreign minister, Andriy Deshchitsya, says Russia has rejected calls for negotiations and consultations.

  • 'Yes, it's a war': Ukraine deputy secretary     Monday, 3 Mar 2014 | 1:07 AM ET

    Russia's intrusion in Ukraine is a declaration of war says Victoria Sumar, Deputy Secretary of the Council of National Security and Defence of Ukraine, adding that Ukraine has "no reason to use armed forces right now."

  • Can the EU sanction Russia?     Monday, 3 Mar 2014 | 1:00 AM ET

    The European Union has little "beyond the diplomacy card" to punish Russia, reports CNBC's Carolin Roth from Brussels as economic sanctions could have big repercussions for the region's economy.

  • TOKYO, March 3- Stocks slid while oil prices shot up on Monday, after Russia bloodlessly seized a part of Ukraine, escalating tensions between Russia and the West to a level not seen since the end of the Cold War.