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update: russia says no ultimatum

http://www.zerohedge.com/news/2014-03-03/russia-denies-it-has-given-ukraine-ultimatum-calls-it-utter-nonsense

http://www.zerohedge.com/news/2014-03-03/russian-fleet-gives-ukrainian-crimea-forces-ultimatum-surrender-or-face-storm-ukrain

Just out from Reuters:

  • INTERFAX UKRAINIAN DEFENCE MINISTRY AS SAYING  RUSSIAN FLEET HAS GIVEN UKRAINIAN FORCES IN CRIMEA UNTIL 0300  GMT TOSURRENDER OR FACE STORM

More from Reuters:

Russia’s Black Sea Fleet has told Ukrainian forces in Crimea to surrender by 5 a.m. (0300 GMT) on Tuesday or face a military assault, Interfax news agency quoted a source in the Ukrainian Defence Ministry as saying

http://www.zerohedge.com/news/2014-03-03/unicredit-temporarily-limits-atm-withdrawals-ukraine

It appears the bank runs – or desparate dash for cash – in Ukraine have escalated. We noted that Russian banks had already limited access but now Unicredit has issued a statement “temporarily limiting operations on cash withdrawal in ATMs, in order to provide all the clients with an access to cash money.” The decision, they stress, is a temporary one (like Cyprus capital controls?) and will be cancelled with the “normalization of the situation.”

http://www.zerohedge.com/news/2014-03-02/ukraine-capital-control-crunch-largest-bank-limits-cash-withdrawals-100-daily

As we warned on Friday, the military escalation in Ukraine has had dire consequences for the financial state of the country, its banks, and ultimately its people. The central bank promised to rescue domestic banks so long as they agreed to its complete control and it appears the first consequences of that “we are here to help you” promise is coming true:

  • UKRAINE’S PRIVATBANK LIMITS ATM WITHDRAWALS TO UAH1,000/DAY ($103/day)

Zerohedge wondering if Belarus is next after Ukraine

http://www.zerohedge.com/news/2014-03-03/after-ukraine-country-next

http://www.zerohedge.com/news/2014-03-03/gold-tops-1350-surges-4-month-highs

Gold prices are up almost 2% today, the biggest single-day jump in over 4 months as spot prices cross $1,350 for the first time since October 2013.

 

Bitcoin jumps past 600, bitstamp to 622

bitcoin ukraine jump

 

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