20:29
20.3.2014
A handy guide to who stands where in the European Union debate vis-a-vis Russia sanctions.
RT @CrimeaEU A Who’s Who Guide to EU Sanctions on Russia http://t.co/O9qkbuFbiy
— Myroslava Petsa (@myroslavapetsa) March 20, 2014
20:30
20.3.2014
Here's our own Who's Who of some of the most influential people in Russia and Putin's inner circle targeted by today's U.S. sanctions:
21:04
20.3.2014
Ratings agency Standard & Poor's has lowered its outlook on Russia from "stable" to "negative" due to geopolitical turmoil and Western sanctions over Moscow’s actions in Ukraine.
"Heightened geopolitical risk and the prospect of U.S. and EU economic sanctions" over the annexation of Crimea "could reduce the flow of potential investment, trigger rising capital outflows, and further weaken Russia's already deteriorating economic performance," S&P said. There remains "a material risk that the conflict between Russia and Ukraine could extend beyond Crimea and that violence between pro- and anti-Russian protesters could spread to other cities in eastern Ukraine," it said.
The Russian ruble has lost about 10 percent of its value against the U.S. dollar and euro this year.
"Heightened geopolitical risk and the prospect of U.S. and EU economic sanctions" over the annexation of Crimea "could reduce the flow of potential investment, trigger rising capital outflows, and further weaken Russia's already deteriorating economic performance," S&P said. There remains "a material risk that the conflict between Russia and Ukraine could extend beyond Crimea and that violence between pro- and anti-Russian protesters could spread to other cities in eastern Ukraine," it said.
The Russian ruble has lost about 10 percent of its value against the U.S. dollar and euro this year.
21:08
20.3.2014
From agencies:
The Pentagon says Russian Defense Minister Sergei Shoigu has pledged to U.S. Defense Secretary Chuck Hagel that Russian forces will not cross the border into eastern Ukraine. The Pentagon said today that Shoigu and Hagel spoke by telephone for an hour about the Russia-Ukraine conflict. A Pentagon spokesman said Shoigu told Hagel that thousands of Russian troops deployed near the Ukrainian border are there to conduct exercises and have no intention of making an incursion into Ukraine. The U.S. spokesman said Hagel told Shoigu that because Russian forces are in control of Ukraine’s Crimean Peninsula, they bear responsibility for what happens in Crimea.
21:14
20.3.2014
Trying to confirm:
Kyrgyz FM announces Bishkek's recognizing the Crimean referendum: http://t.co/YMdsP1f7Ed Also recognizing Kyiv, too.
— Casey Michel (@cjcmichel) March 20, 2014
21:22
20.3.2014
Yes, Kyrgyzstan's Foreign Ministry has recognized the referendum in Russian-occupied Crimea as "the will of the absolute majority of the population of the Autonomous Republic [of Crimea]."
Here's the ministry's statement as published on its English-language site:
Recall that Kazakhstan has already recognized the results of the Crimea referendum.
Here's the ministry's statement as published on its English-language site:
Ministry of Foreign Affairs of the Kyrgyz Republic has been closely monitoring the situation in Ukraine, including the latest events around the Crimea, and expresses its concern at the escalation of the conflict.
Kyrgyz Republic, as before, holds the opinion that unconsidered actions and corruption of former Ukrainian authorities led to the current crisis and the deaths of dozens of innocent people.
At the same time, the results of the referendum in the Crimea from March 16 this year represent the will of absolute majority of the population of the Autonomous Republic . It is an objective reality, despite the polar estimates that have been given to this referendum.
The responsibility of those politicians who take fate in their hands in such a difficult period is extremely high. Any initiatives and actions should be aimed only to maintain fragile peace and stability in Ukraine and the region as a whole. Violent methods of confrontation are inadmissible.
Kyrgyzstan in its recent history has experienced two revolutions. Country experience after the April 2010 revolution, shows the crucial importance of the international partner's consistency in their intentions and actions, without policy of "double standards".
Kyrgyz Republic urges all parties to exercise maximum restraint and to resolve all disputes through peaceful talks under the international law and the UN Charter.
Kyrgyz Republic, as before, holds the opinion that unconsidered actions and corruption of former Ukrainian authorities led to the current crisis and the deaths of dozens of innocent people.
At the same time, the results of the referendum in the Crimea from March 16 this year represent the will of absolute majority of the population of the Autonomous Republic . It is an objective reality, despite the polar estimates that have been given to this referendum.
The responsibility of those politicians who take fate in their hands in such a difficult period is extremely high. Any initiatives and actions should be aimed only to maintain fragile peace and stability in Ukraine and the region as a whole. Violent methods of confrontation are inadmissible.
Kyrgyzstan in its recent history has experienced two revolutions. Country experience after the April 2010 revolution, shows the crucial importance of the international partner's consistency in their intentions and actions, without policy of "double standards".
Kyrgyz Republic urges all parties to exercise maximum restraint and to resolve all disputes through peaceful talks under the international law and the UN Charter.
Recall that Kazakhstan has already recognized the results of the Crimea referendum.
22:57
20.3.2014
Our rundown of the U.S. sanctions against Russia and U.S. officials' hopes for their effectiveness, by Carl Schreck in Washington: "U.S. Officials Predict Sanctions Will Hit Putin Associates Hard."
22:58
20.3.2014
Barring major developments, that concludes our live blogging for March 20.
09:23
21.3.2014
Gunvor, the oil-trading company targeted by U.S. sanctions in part over ties to co-owner Gennady Timchenko, said that Russian billionaire sold his shares one day before the sanctions were announced on March 20. The company, which is registered in Cyprus, said Timchenko transferred his stake to Swedish partner Torbjorn Tornqvist in anticipation of "potential economic sanctions."
09:26
21.3.2014
The EU is expected to announce later today the names of the 12 additional Russians and pro-Moscow Ukrainians it target with asset freezes and travel bans over the Crimean annexation.
RFE/RL's correspondent in Brussels says they are due to be published in the EU's official journal around 1 p.m. local time.
RFE/RL's correspondent in Brussels says they are due to be published in the EU's official journal around 1 p.m. local time.