Russian Troops Close to Ukraine Border says NATO

Russia has moved troops closer to the border with Ukraine and continues to support rebels in the country’s east, NATO’s chief said on Tuesday, after an election held by the pro-Russian separatists and condemned by Kiev and Western leaders.

Ukraine’s president said Sunday’s vote flouted terms of a plan to end a war that has killed more than 4,000 people, and that newly formed army units would be sent to defend a string of eastern cities against a possible new rebel offensive.

“Recently we are seeing Russian troops moving closer to the border with Ukraine,” Jens Stoltenberg, secretary-general of NATO, told a news conference with EU foreign policy chief Federica Mogherini.

“Russia continues to support separatists by training them, by providing equipment and support them by also having Russian special forces inside eastern parts of Ukraine.”

Russia has denied military involvement in eastern Ukraine despite what Western officials have cited as overwhelming evidence to the contrary.

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