As relations between Russia and the U.S. turn frosty, Ketchum, a division of Omnicom, finds itself walking an increasingly fine line.» Read More
The crisis in eastern Ukraine has emboldened Europe and the United States to impose broad sanctions on Russia. But Europe finds itself in a precarious position, with almost a third of the natural gas the continent consumed in 2013 flowing from Russia, according to the U.S. Energy Information Administration.
*Russia proposes' corridor' for encircled Kiev troops. *NATO source says more than 1,000 Russian troops in Ukraine. LAKE SELIGER, Russia/ KIEV, Aug 29- Ukraine called on Friday for full membership in NATO, its strongest plea yet for Western military help after accusing Russia of sending in armored columns that have routed its troops on behalf of pro- Moscow rebels.
MOSCOW, Aug 29- Russia is ready for talks on resuming gas supplies to Ukraine, Energy Minister Alexander Novak said on Friday, warning of disruption to flows to Europe this winter if a row over pricing and debts was not resolved.
MOSCOW, Aug 29- The Ukraine conflict has evoked many memories of the Cold War, including a footloose attitude to the truth. But there are also some European powers, including Germany and France, who despite being on the opposite side of the crisis share Putin's desire not to paint it as an out-and-out war between Russia and Ukraine.
Ukraine wants $268.50 as offered to previous government. MOSCOW, Aug 29- Russia is open to talks on resuming gas supplies to Ukraine and willing to offer a price cut of nearly 20 percent, Energy Minister Alexander Novak said on Thursday, but the discounted price is still above the level Kiev demands.
CNBC's Michelle Caruso-Cabrera reports Russia's President Vladimir Putin is peaking at a youth conference in Seliger while 1,000 Russian troops are operating in Ukraine.
Politico's Ben White discusses the geopolitical problems weighing on President Obama, including coming up with a strategy on ISIS. Also White provides his take on the hot button issues on Capitol Hill.
NBC's Albina Kovalyova reports on the latest developments in Ukraine as fighting escalates and the West considers enforcing additional sanctions on Russia.
"She holds her line, and this gives the German electorate the impression she is doing a good job in the interests of Germany," said Nils Diederich, a political scientist at Berlin's Free University. Merkel's support stands at 65 percent according to the latest polls, and her party was also by far the most popular in Germany.
MILAN— Several European Union foreign ministers on Friday accused Russia of invading eastern Ukraine and said Moscow should be punished with additional economic sanctions. The meeting of the 28- nation bloc's top diplomats in Milan came one day after NATO said Moscow slipped at least 1,000 Russian soldiers and much heavy weaponry into Ukraine.
*NATO source says more than 1,000 Russian troops in Ukraine. MOSCOW/ DONETSK, Ukraine, Aug 29- Pro-Moscow rebels fighting in Ukraine said on Friday they would comply with a request from the Kremlin and open up a' humanitarian corridor' to allow the withdrawal of Ukrainian troops they have encircled.
*NATO source says more than 1,000 Russian troops in Ukraine. MOSCOW/ DONETSK, Ukraine, Aug 28- Pro-Moscow rebels fighting in Ukraine said on Friday they would comply with a request from the Kremlin and open up a' humanitarian corridor' to allow the withdrawal of Ukrainian troops they have encircled.
WASHINGTON— As President Barack Obama warns of stepped-up economic punishments against Russia for its military incursions inside Ukraine, U.S. sanctions have so far avoided one prominent financial institution: the $10 billion Russian Direct Investment Fund, which has partnered with brand-name American companies and whose advisers include top U.S. and European private equity executives.
President Barack Obama said there will not be military action in Ukraine, and that there is no current plan to deal with ISIS.
Dennis Gartman of the Gartman Letter and CNBC's Michelle Caruso-Cabrera react to geopolitical issues. Gartman says the U.S. has been far too complacent.
*NATO source says more than 1,000 troops in Ukraine. Earlier he said he had canceled a visit to Turkey because of the "rapidly deteriorating situation" in the eastern Donetsk region, "as Russian troops have actually been brought into Ukraine".
CNBC's Michelle Caruso-Cabrera, reports the latest from the conflict in Ukraine after the country's president accused Russia of a "direct invasion." Caruso-Cabrera shows photos of Russian forces inside Ukraine.
LONDON, Aug 28- European shares took a sharp tumble on Thursday as accusations by Ukraine that Russia had moved troops across the border brought a three-day global rally in risk assets to a shuddering halt. Ukrainian President Petro Poroshenko said Russian forces had entered Ukraine, and he convened his security and defense council to decide how to respond.
*Cushing up 508,000 bbls- EIA. NEW YORK, Aug 27- Crude oil futures settled flat after choppy trading on Wednesday, following a report that showed declining U.S. gasoline demand in the world's top oil consumer and a build at the key Cushing, Oklahoma, storage hub.
*Ukraine says more Russian soldiers crossed border in east. KIEV/ DONETSK, Ukraine, Aug 27- Ukraine accused Russia of launching a new military incursion across its eastern border on Wednesday, as hopes quickly faded that Tuesday's talks between their two presidents might mark a turning point in a five-month-old crisis.