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Thread: Wall St falls to session lows, Ukraine engages Russia

  1. #1

    Wall St falls to session lows, Ukraine engages Russia

    NEW YORK, Aug 15 (Reuters) - U.S. stocks fell to session lows on Friday, erasing earlier gains and dropping in heavy trading, as forces in Ukraine engaged a Russian armored column on Ukrainian soil.

    A Ukrainian military spokesman said Ukrainian forces had tracked a Russian armored column after it crossed the border into Ukraine, and that after the engagement, "part of it no longer exists."

    Investors have been concerned about the potential fallout to any escalation between the two countries, though recent signs of easing tensions had lifted equities throughout the week.

    "If the reports are true that there is an exchange of arms between Russia and Ukraine, that is a setback in the recent calm. It is hard to know how serious this is, but any sustained upturn in violence could lead to a short-term setback," said Jim McDonald, chief investment strategist at Chicago-based Northern Trust Asset Management.

    "Still, so far it has not paid to get too defensive."
    http://finance.yahoo.com/news/us-sto...151355971.html



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  3. #2
    The rest of the story...

    Aid convoy to Ukraine faces disruption, may be attacked...


    Moscow has information that the convoy delivering humanitarian aid to eastern Ukraine may be attacked by Kiev’s forces, with the “punitive” Aidar Battalion planning to mine the road that the vehicles will use, the Russian Foreign Ministry says.

    On Friday, Moscow accused Ukraine of attempting to disrupt the humanitarian aid convoy now that the preparations for its delivery have reached their final stages and all key issues have been agreed upon.

    “We draw attention to the sharp intensification of military actions by Ukrainian forces with the obvious goal to block the route, agreed upon with Kiev, of the humanitarian convoy from the Russia-Ukraine border to Lugansk,” the Foreign Ministry said in a statement.

    In Moscow’s view, all this gives the impression that there are people both in Ukraine and abroad who are willing to disrupt the humanitarian mission, even “at the cost of new casualties and destruction.”

    Those nurturing such criminal plans are taking huge responsibility for their consequences,” the ministry said.

    Russia sent a convoy of 280 trucks carrying humanitarian aid – such as medical supplies, food, including baby food, sleeping bags and other basic necessities – to conflict-torn southeastern Ukraine on Tuesday. The convoy is currently stuck near the Ukrainian border, and is awaiting final approval from Kiev before moving forward.

    Russia also reiterated that it would carry out the agreements reached with the Ukrainian government and the ICRC on delivering aid to Donbass residents as quickly as possible and in full.



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