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Putin talks tough but cools tensions over Ukraine
Question of the Day
MOSCOW (AP) - Stepping back from the brink of war, Vladimir Putin talked tough but cooled tensions in the Ukraine crisis Tuesday, saying Russia has no intention “to fight the Ukrainian people” but reserves the right to use force.
“It is not appropriate to invade a country, and at the end of a barrel of a gun dictate what you are trying to achieve,” Kerry said. “That is not 21st-century, G-8, major nation behavior.”
Although nerves remained on edge in the Crimean Peninsula, with Russian troops firing warning shots to ward off Ukrainian soldiers, global markets jumped higher on tentative signals that the Kremlin was not seeking to escalate the conflict. Kerry brought moral support and a $1 billion aid package to a Ukraine fighting to fend off bankruptcy.
Lounging in an arm-chair before Russian tricolor flags, Putin made his first public comments since the Ukrainian president fled a week and a half ago. It was a signature Putin performance, filled with earthy language, macho swagger and sarcastic jibes, accusing the West of promoting an “unconstitutional coup” in Ukraine. At one point he compared the U.S. role to an experiment with “lab rats.”
Still, he tempered those comments by warning that Russia was willing to use “all means at our disposal” to protect ethnic Russians in the country.
Significantly, Russia agreed to a NATO request to hold a special meeting to discuss Ukraine on Wednesday in Brussels, opening up a possible diplomatic channel in a conflict that still holds monumental hazards and uncertainties. At the same time, the U.S. and 14 other nations formed a military observer mission to monitor the tense Crimea region, and the team was headed there in 24 hours.
While the threat of military confrontation retreated somewhat, both sides ramped up economic feuding. Russia hit its nearly broke neighbor with a termination of discounts on natural gas, while the U.S. announced a $1 billion aid package in energy subsidies to Ukraine.
“The contrast really could not be clearer: determined Ukrainians demonstrating strength through unity, and the Russian government out of excuses, hiding its hand behind falsehoods, intimidation and provocations. In the hearts of Ukrainians and the eyes of the world, there is nothing strong about what Russia is doing.”
World markets, which slumped the previous day, clawed back a large chunk of their losses on signs that Russia was backpedaling. Gold, the Japanese yen and U.S. treasuries - all seen as safe havens - returned some of their gains. Russia’s RTS index, which fell 12 percent on Monday, rose 6.2 percent Tuesday. In the U.S., the Dow Jones industrial average closed up 1.4 percent.
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