• Australia's largest state hits record-high COVID-19 cases despite weeks of strict lockdown. 'It's a tinderbox ready to explode,' one official said.
• eToro says crypto made up 73% of trading commissions in the last quarter, as retail customers dived in
• A flight attendant says she was too exhausted to report a passenger who shoved her when a flight was overbooked: report
• US jobless claims climb for first time in 5 weeks, to 353,000

To see even higher-res version, click here.

If you question the strategic location of Ukraine, check out this map that Agence France-Presse made last in December — two months before protesters in Kiev forced President Viktor Yanukovych out of office.

Russia has now invaded the strategic Black Sea peninsula of Crimea, and markets are spooked at the possibility that Russian troops that are being built up on the border could enter eastern Ukraine.

As the international tug-of-war for Ukraine continues, the tension involving economic relations in the region — especially regarding gas flow from Russia to both Ukraine and Europe — will increase.

Germany is perhaps the best example of this, as described by Noah Barkin of Reuters: ”Heavily dependent on Russian gas and closer to Moscow than any other leading western nation, Germany faces a major policy dilemma as the Ukraine crisis descends into a Cold War-style confrontation of tit-for-tat threats and ultimatums.”

- Michael Kelley

‘An anti-institutional coup’: Vladimir Putin isn’t happy about events in Ukraine>
Military intervention ‘never the answer’: Watch Russia Today presenter go rogue live on air>

Making a difference

A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

For the price of one cup of coffee each week you can make sure we can keep reliable, meaningful news open to everyone regardless of their ability to pay.

Support us Learn More