To Russian eyes, Vladimir Putin's decision to deploy troops to Ukraine is a peacekeeping measure, not a matter of expansionist aggression.
Western options so far appear to be limited to diplomatic overtures and rebukes. But tensions are taking a toll on Russian stocks and bonds as well as the ruble.
Ukraine's confrontation with Russia over Crimea deepened today, with claims that Ukraine's top admiral defected and Russian troop movements in the peninsula.
An expanded Russian invasion of Ukraine's Crimean peninsula seems imminent. So far Ukraine has avoided confrontations with Russian troops, but there are fears of a slip towards war.
The Russian parliament voted Saturday to send troops into Crimea, officially endorsing the policy already underway in the Black Sea region of Ukraine.
President Obama said violation of Ukraine’s territorial integrity would be 'deeply destabilizing' and warned Russia of unspecified 'costs' for military interference. But US options appear limited.
A series of missteps may mean the new government in Kiev has lost what influence it had in Ukraine's Russia-friendly southern regions.
In his first press conference since fleeing Ukraine, impeached President Victor Yanukovych shook his fist at opposition leaders who ousted him — and EU officials who allowed it to happen.
The Yanukovych downfall presents an opportunity to rebuild the nation's security forces. But what replaces the feared and loathed Berkut riot police?
As armed men occupied the building and anti-Maidan protesters rallied outside, the parliament of the pro-Russia Ukrainian region went ahead with plans to push for greater independence from Kiev.