President Obama says the sanctions are not a declaration of a new Cold War against Russia, but specific issue related to Russia's unwillingness to recognize Ukraine can chart its own path.» Read More
At this point it's hard to put the genie back into the bottle, says Jeffrey Mankoff, CSIS Russia & Eurasia program, sharing his thoughts on the political and global repercussions of the recent violence of anti-government protesters in Ukraine. There is an East/West dynamic that has broken out, explains Mankoff.
The situation in Kiev has taken a turn for the worse after violent clashes between anti-government protesters and police have left as many as 28 dead and 450 injured, reports NBC News Correspondent Ayman Mohyeldin.
President Barack Obama called on Ukraine's armed forces on Wednesday to stay out of the country's political crisis and warned that there would be consequences for those who "step over the line."
*Polish, French, German foreign ministers flying to Kiev on Thursday.
NEW YORK, Feb 19- Stock markets around the world fell on Wednesday, with declines accelerating after minutes from a U.S. At the meeting, the Fed ultimately decided to make a second modest cut to its bond-buying program, which now runs at $65 billion per month.
BRUSSELS, Feb 19- The European Union will on Thursday decide whether to impose financial and travel restrictions on Ukraine after the death of two dozen protesters in Kiev, even though diplomats have doubts about the effectiveness of sanctions.
President Obama warns of consequences over continued Ukrainian violence and holds the Ukrainian government responsible for dealing with peaceful protesters in an appropriate way.
CNBC's Brian Sullivan tours the new F1 facility in Sochi that will host the 2014 Russian Grand Prix, the first Formula 1 race in Russia in more than 100 years.
CNBC's Brian Sullivan reports the Russian hockey team has been eliminated from Olympic competition and provides a medal count from Sochi.
Adrian Karatnycky, Atlantic Council senior fellow, explains why Ukrainians have turned on Ukraine President Viktor Yanukovych.
CNBC's Brain Sullivan reports Ukraine President Viktor Yanukovych has replaced the head of the army. Neil Buckley, Financial Times, Eastern Europe editor, provides insight on the Ukrainian uprising.
Russia created a brand new ski resort with the hope it would be used beyond the Sochi Olympics of 2014, reports CNBC's Michelle Caruso-Cabrera.
NEW YORK, Feb 19- Stock markets around the world mostly dipped on Wednesday as investors held off from making big bets ahead of the release of minutes from the U.S. Gold prices were also near breakeven levels.
CNBC's Brian Sullivan reports on the protests and police backlash in Kiev, Ukraine, and how it's impacting the Russian economy.
*Shares in Europe, U.S. rise ahead of Fed minutes. NEW YORK, Feb 19- Stock markets around the world rose slightly on Wednesday, continuing their recent advance as investors did not expect anything hinting at a change in monetary policy to be announced in upcoming minutes from the U.S. Gold prices were also near breakeven levels.
*European Investment Bank suspends work in Ukraine. BRUSSELS/ LONDON Feb 19- The European Investment Bank said on Wednesday it had frozen its activities in Ukraine after at least 26 people died in the worst violence since the former Soviet republic gained independence.
CNBC's Michelle Caruso-Cabrera speaks with Al Michaels about the importance of hockey to the country of Russia and what the "Miracle on Ice" meant to USA hockey.
NBC's Jim Maceda reports violence has killed at least 25 people and hundreds are injured in clashes between protesters and police in Kiev, Ukraine.
*China's central bank stirs anxiety. LONDON, Feb 19- The dollar was hovering at its lowest level of the year on Wednesday as investors waited to see if Federal Reserve policymakers had foreseen this month's relatively weak U.S. economic data at their latest meeting.
NBC's Jim Maceda reports at least 10 policemen are dead and hundreds are injured in riots in the Ukrainian capital of Kiev. What began as a peaceful protest against Viktor Yanukovych's decision to reject a trade deal with Europe and tilt toward Russia turned to violent chaos.