Putin builds up armour near Crimea, Russian assets plummet


  • World
  • Monday, 03 Mar 2014

French Foreign Minister Laurent Fabius visits the Airbus factory in Tianjin February 24, 2014. REUTERS/Goh Chai Hin/Pool

KIEV/BALACLAVA, Ukraine (Reuters) - Ukraine said Russia was building up armoured vehicles on its side of a narrow stretch of water near the Ukrainian region of Crimea after President Vladimir Putin said he had the right to invade his neighbour, prompting a sell-off in Russian assets.

Ukraine mobilised for war on Sunday and Washington threatened to isolate Russia economically after Putin's declaration, provoking Moscow's biggest confrontation with the West since the Cold War.

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