Tycoons Take Hit In Crimea Crisis

Russ FlagRussia’s most powerful businessmen waited for over an hour Thursday to hear from President Vladimir Putin, whose decision to annex the Crimean Peninsula has cost their companies hundreds of millions of dollars in market value.

When Putin finally showed up, he spoke to them for five minutes — and gave them no reassurances that they or their companies will get any respite from the uncertainty created by the takeover of a piece of land of little value to them beyond national pride. (more)

Source: Huffington Post/AP

Contributor: Joseph St. John

News Tracker:   Ukraine

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