NATO Urges Russian Forces to Pull Back

Secretary-General Jens Stoltenberg denounced on Tuesday what he called a serious Russian military buildup both inside Ukraine and on the Russian side of the border and urged Moscow to pull back its troops.

Stoltenberg said NATO saw movement of troops, equipment, tanks, artillery and also of advanced air defence systems in violation of a ceasefire agreement.

Russia denies providing arms or troops to support a separatist pro-Russian rebellion in eastern Ukraine, which began after the removal of a Kremlin-oriented Ukrainian president by mass protests in February. A ceasefire was agreed in early September, but fighting flared again recently.
Stoltenberg told reporters as he arrived for a meeting with European Union defence ministers he had information on a buildup inside Ukraine.

“But we also see a military buildup on the Russian side of the border…This is a serious military buildup and we call on Russia to pull back its troops,” he said.

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