U. S. Says russian president Vladimir Putin himself a cold war kgb agent has mobilized 6,000 of his own forces. Many have swept across the border and into crimea in orange and seized control. Chilling standoffs now unfolding in military bases. Ukrainian troops refusing to surrender to invading fors who stand armed and ready a few feet away. So far the stalemates are peaceful but International Tensions are growing by the hour. Around the world the crisis is having a devastating blow on the global economy. Here in the United States, dow futures dropped a staggering 120 points ahead of the opening bell. Lets bring in cnn chief Business Correspondent Christine Romans. She has the latest from new york. Ominous signs. Reporter markets around the world are moving in a very big way. Asian stocks closed lower. European stocks tumbled. The russian stock market down 11 . Wolf, the central bank in russia had an emergency Interest Rate hike to try to prevent damage to the economy there. The ruble a
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