Pro-Russian Rebels Clash With Ukraine Forces

Ukrainian forces launched a “large-scale operation” to retake the eastern town of Slaviansk, pro-Russian separatists holding the town said on Friday, as security deteriorated in a crisis that has provoked the biggest confrontation between Russia and the West since the Cold War.

A Reuters photographer said he saw a military helicopter open fire on the outskirts of the town and a reporter heard gunfire. Separatists said they were under attack and that at least one helicopter had been shot down.

Vyacheslav Ponomaryov, the self-declared mayor or the town, was quoted by Russia’s Interfax news agency as saying two helicopters had been shot down and one pilot had been detained. Another had been killed.

via CNBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza