by Peter Cooper, Arabian Money:
Geopolitical risk premium in global financial markets is definitely on the rise this morning as investors digest the likely impact of what amounts to an invasion of the Ukraine by Russian troops over the weekend with an estimated 6,000 of them now stationed in Crimea in response to the overthrow of the Russian-backed president by an angry mob in Kiev.
Russian Prime Minister Dmitriy Medvedev said: ‘Ukraine for us is not a group of people who, pouring blood on the Maidan (Kiev’s main square), seized power in violation of the constitution and other state laws. Russia needs a strong and stable Ukraine. A predictable and economically thriving partner. Not a poor relation that’s always standing with a hand held out.’
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