Putin Speaks: Will Respond “Adequately” To Ongoing NATO Buildup; “Wont Tighten Screws” In Response To Threats
by Tyler Durden
ZeroHedge.com
07/22/2014
Perhaps there were some concerns that Putin, following the Russian Security Council Meeting today, may lash out at the west with escalating retaliatory sanctions against the west of his own. He did not which may explain why futures just saw an algo-driven buying wave moments ago. Still, what he did say is hardly justification to declare an “all clear” for risk as Putin being Putin, he merely reiterated for the nth time the Russian party line: Ukraine should facilitate a cease fire, Russia won’t “blink” no matter how intense western sanctions are, and Russia will retaliate in kind to any ongoing NATO build up on its borders. Oh, and Crimea is now Russia’s to do as it sees fit.
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