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Agreement reached for ceasefire between Ukraine and Russia.
Seems as if something about a "ceasefire" got out, markets ramped higher. However, the reality of what has actually been agreed upon seems unclear.
"The office of Ukrainian President Petro Poroshenko says that he and Russian President Vladimir Putin are in agreement on a cease-fire in eastern Ukraine, but the statement was ambiguous and there was no immediate indication that the fighting would stop.
The brief statement Wednesday said "mutual understanding was reached regarding the steps that will contribute to the establishment of peace" but gave no details."
Probably belongs in the "Wanta buy a bridge?" category. (Russia denies any involvement in Eastern Ukraine and army's generally don't pay attention to leaders from another country giving them directives.)
Sam Zell was on cnbc today. Only caught first couple minutes. He's not too hot on stocks, but don't know if he has much of a track record calling markets - although successful in his own right.
Ya Think??? He's a scary, expansionist lunatic in the spirit of the shoe banging Nikita Khrushchev. His goal is to form another soviet union, I believe.
Putin has been playing the passive aggressive for months and I'd find it surprising if this time is any different. He sent his military into Ukraine and got the Europeans' and US' undies in a twist, and now he's playing the peace-maker card again. Rinse, wash, repeat. Everything he's said has been a lie and every appearance that he's being reasonable has been followed by a bigger unacceptable step.
Comments
"The office of Ukrainian President Petro Poroshenko says that he and Russian President Vladimir Putin are in agreement on a cease-fire in eastern Ukraine, but the statement was ambiguous and there was no immediate indication that the fighting would stop.
The brief statement Wednesday said "mutual understanding was reached regarding the steps that will contribute to the establishment of peace" but gave no details."
http://www.huffingtonpost.com/2014/09/03/russia-ukraine_n_5757090.html
Sam Zell was on cnbc today. Only caught first couple minutes. He's not too hot on stocks, but don't know if he has much of a track record calling markets - although successful in his own right.
Regards,
Ted
I'll believe it when I see it. Putin doesn't seem like a trusting person.
Ya Think??? He's a scary, expansionist lunatic in the spirit of the shoe banging Nikita Khrushchev. His goal is to form another soviet union, I believe.