Angela Merkel could turn to more ECB growth measures rather than quickly agree to the sanctions on Russia sought by AmericaWas it a Russian invasion of east Ukraine or just an incursion? Judging by the response of the financial markets, probably the latter. Gold was up a bit. Shares fell. Investors sought out traditional safe havens, such as German bunds. But there was none of the panic selling associated with a real sense of crisis. Not yet, at any rate.What is clear is that the ratcheting up of tension between Kiev and Moscow comes at an unhelpful time for the …read more
Source: The Guardian
