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2014.03.0306:24:43UTC+00Stocks plunge on Ukraine upheaval

The US Stocks dived on Monday, after Russia bloodlessly took over a portion of Ukraine, intensifying turbulence between Russia and the West to a level unnoticed since the end of the Cold War.

US stock futures plunged 0.7% from a record high hit on Friday while Japan's Nikkei average stumbled 1.3%. MSCI's widest index of Asia-Pacific shares outside Japan dropped 0.6%. European shares were probably to begin weaker, with the spread-betters anticipating Germany's DAX to decrease by 1.4%, France's CAC 1.2%, and Britain's FTSE 1.0%.

Kiev has assembled for war following Russian President Vladimir Putin enunciated his right to assail his neighbor, with Russian forces already seizing Crimea, a detached Black Sea peninsula where Moscow has a naval base.

US Secretary of State John Kerry denounced Russia's move as an astounding act of aggression and the Group of Seven countries (G7) postponed preparations for the G8 summit in objection. 

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