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Transcripts For CNNW The Situation Room 20140304

military intervention and a former secretary of state is calling him, quote, delusional. welcome to our viewers in the united states and around the world. i m wolf blitzer. you re in the situation room. russian forces are tightening their hold on the strategic crimean peninsula and there s a verbal battle escalating between the united states and russia. it s a critical moment. here are the latest development. secretary of state john kerry visits ukraine s capital and offers encouragement and a billion dollar u.s. loan guarantee while accusing russia of inventing reasons for its military intervention. president obama says the u.s. and its allies strongly believe russia has violated international law and says russia has not fooled anybody. as russia is digging ins it heels, has the right to take all measures there. cnn s barbara starr is standing by at the pentagon and anderson cooper is in kiev. let s bring in with our national security correspondent jim sciutto. jim? wolf

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