Markets wobble on Crimean strife

William Keylor, College of Arts & Sciences

As Russian troops swarm across Crimea and menace Ukraine, stock markets shuddered Monday and oil and gold prices jumped – all as investors wondered: What, really, can the U.S. and the West do to defuse the sense of global crisis created by Russian president Vladimir V. Putin’s latest exercise in empire-expansion…

Expert quote:

“There’s not going to be a military response, that’s for sure. Nobody wants that, and American public opinion would never accept it.’’

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