Obama Calls Russian Moves a Challenge to Global Order
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President Barack Obama said the U.S. and its European allies stand united against Russian attempts to redraw Ukraine’s boundaries, while warning that indifference would ignore the lessons from two world wars.
The U.S. and Europe are being tested as Russia challenges the ideals of democracy, free markets and international law that have spread peace and prosperity, Obama said yesterday. After his remarks, stocks fell in the U.S. and Asia on investors’ concern that the U.S. will boost pressure on Russian President Vladimir Putin over the annexation of Crimea from Ukraine.