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Welcome to countdown, im mark barton. Im anna eds. International pressure on russia following its seizure of its crimea region. Our europe editor david swede is following the e. U. Summit taking place in brussels. Berlin, of course. Jonathan has the market reaction. Jonathan, plenty of market reaction. You look at the russian equity market, headed to the biggest drop. The ruble holding up a little bit for one reason. The Russian Central Bank has come out of high rates from 5 to 7 . They cite the rates are intended to prevent inflation risks. What it doesnt do is take away that Political Risk. You saw what happened in turkey when they hiked rates. A complete turnaround again. In the broader markets, you are seeing general risk aversion. The swiss franc into gold. It feeds a matter of time before they were going to raise rates, wasnt it, john . Inflation has been above the Central Banks target for 17 months. The target is 5 . They are well above the targets. Investors waiting for a long

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