Go after the Russian oligarchs? Target Russian assets abroad? William Taylor, former U.S. Ambassador to Ukraine, and Stephen Myrow, Beacon Policy Advisors managing partner, discuss how to get Putin to back out of Crimea.» Read More
Jeffrey Halley, senior FX trading manager at Saxo Capital Markets, says investors may have been too complacent as there are still risks in the Crimean peninsula.
Crimea's parliament voted on Thursday to join Russia, setting a referendum in 10 days, drawing a sharp riposte from U.S. President Barack Obama.
Crimea's parliament will hold a referendum in 10 days on whether to join Russia. Jacob Kirkegaard, Senior Research Fellow at the Peterson Institute for International Economics, says this latest development is 'clearly an escalation' by Russian President Vladimir Putin.
Tensions over Ukraine went up a notch after Crimea's parliament pledges to hold a referendum in 10 days on whether to join Russia. CNBC's Steve Sedgwick reports.
DUBLIN, March 6- Ukraine may apply to become a member of the European Union, the centre-right European People's Party is set to declare on Friday, according to a draft statement underscoring the determination of key European capitals to back the country trying to fend off Russian intervention.
*Crimean parliament votes to join Russia. President Barack Obama indicated the crisis between Ukraine and Russia, one of the world's biggest oil producers, was not easing as much as traders thought. "The relief sell-off was probably premature in terms of thinking the situation has resolved itself," said John Kilduff, partner at Again Capital, LLC in New York.
*Staples, Costco shares fall after results, drag on Nasdaq. NEW YORK, March 6- U.S. stocks mostly rose on Thursday, with the S&P 500 closing at yet another record on better-than-expected jobless claims data and the European Central Bank's move to keep rates unchanged.
WASHINGTON, March 6- President Barack Obama on Thursday ordered sanctions on people responsible for Moscow's military intervention in Ukraine's Crimea Peninsula, including travel bans and freezing of their U.S. assets, and said a referendum by the region to join Russia would violate international law.
CNBC's John Harwood reports President Obama proposed the Crimea referendum violates international law.
NEW YORK/ LONDON, March 6- Gold rose on Thursday, boosted by the European Central Bank's decision to not take fresh action to inject liquidity into the euro zone market, which helped weaken the dollar and increased bullion's currency-hedge appeal. Gold has been up on high tensions between the West and Russia over Ukraine.
NEW YORK, March 6- World share markets rose on Thursday, supported by hopes that diplomatic efforts would cool the crisis in Ukraine, while the euro advanced to its highest level of the year after the European Central Bank signaled the euro zone needs no additional stimulus.
SIMFEROPOL, Ukraine/ BRUSSELS, March 6- Crimea's parliament voted to join Russia on Thursday and its Moscow- backed government set a referendum in 10 days' time in a dramatic escalation of the crisis over the Ukrainian region that drew a sharp riposte from U.S.
Senator Edward Markey introduced a bill on Thursday to make the Obama administration's approval of liquefied natural gas exports more complicated, saying expedited permits will not help Ukraine and Europe manage Russia's control of fuel supply.
Art Cashin of UBS Financial Services discusses why higher yields didn't derail a strong gain for stocks.
WASHINGTON, March 6- The U.S. company that handles public relations for Russia in the United States distanced itself on Thursday from the Ukraine crisis, saying that it advises the Kremlin largely on economic development, not foreign policy.
U.S. bonds were little changed on Thursday, as investors awaited further news from Ukraine, as well as the crucial NFP jobs report.
WASHINGTON, March 6- President Barack Obama on Thursday ordered sanctions on people responsible for Moscow's military intervention in Ukraine, including travel bans and freezing of their U.S. assets, and said a referendum by the Crimea region to join Russia would violate international law.
As Ukraine remains in crisis mode, the country's oligarchs have more than their wealth at stake.
*Staples, Costco shares down after results, weigh on Nasdaq. NEW YORK, March 6- U.S. stocks mostly rose on Thursday, with the S&P 500 hitting a record after better-than-expected jobless claims data ahead of Friday's all important nonfarm payrolls report.
Staples to shut 225 stores in North America as sales fall. Staples Inc will close up to 225 stores in the United States and Canada- 12 percent of its North America outlets- and forecast another quarter of sales decline as it loses customers to mass market chains and online retailers.