NATO Chief Says Russia Continues to Be Involved in Ukraine

NATO Secretary General Anders Fogh Rasmussen said on Friday a “Russian incursion” into Ukraine had occurred overnight, but stopped short of characterizing it as an invasion.

“Last night we saw a Russian incursion, a crossing of the Ukrainian border,” he told reporters after meeting the Danish defense minister.

“It just confirms the fact that we see a continuous flow of weapons and fighters from Russia into eastern Ukraine and it is a clear demonstration of continued Russian involvement in the destabilisation of eastern Ukraine,” the Danish NATO chief said.

Earlier, British reporters said they had seen Russian military vehicles crossing into Ukraine.

Dozens of heavy Russian military vehicles massed on Friday near the border with Ukraine, while Ukrainian border guards crossed the frontier to inspect a huge Russian aid convoy.

Kiev has said the humanitarian aid might be used as cover for a Russian military intervention, and has insisted that its forces check the convoy before it moves across the border.
Moscow has denied any ulterior motives, but has allowed Ukrainian border guards to enter Russia and look at the caravan of trucks in an area opposite the frontier town of Izvaryne.

via CNBC

Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.

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