Russia will dip into its rainy-day wealth funds next year to finance Crimea, the Black Sea region absorbed from Ukraine, even as the economy faces stagnation, said four people with knowledge of government discussions.
U.S. stocks fell, erasing early gains, as President Barack Obama said international order is being tested by Russia’s annexation of Ukrainian territory. Treasuries rose following stronger-than-forecast demand at an auction. Oil and the yen rallied.
Louis Dreyfus Commodities BV, the world’s largest raw-cotton trader, said profit fell 34 percent last year as bigger crops weighed on agricultural prices and lower price volatility hurt trading operations.
Following is a roundup of how countries around the world have reacted to Russia’s military intervention in Ukraine’s Crimea region. The responses are grouped under the headings “Pro-Russia,” “Anti-Putin” and “On the Fence.”