Economic and Financial Stability: Ukraine

Ukraine: "We are monitoring the economic situation in Ukraine, mindful of any risks to economic and financial stability," the G-20 said in its official communique after two days of talks. , according to Market Watch. The Obama administration has warned Moscow of its willingness to impose additional significant punitive measures if Russia doesn't curb its actions in Ukraine. On Friday, it added a natural-gas company in Crimea and seven Ukrainian officials connected with the annexation of Crimea to its sanctions list. That brought the total number of Russian and Ukrainian officials hit with U.S. sanctions to 38. -Finance leaders from the world's 20 largest economies Friday expressed worries that Ukraine's crisis may fuel global economic instability, raising concerns about potential fallout from a major escalation in the sanctions battle between Russia and the West. The statement required the consensus of all members of the G-20, which includes Russia as well as the U.S., indicating some agreement about the economic consequences of a large-scale sanctions battle. (news.financializer.com). As reported in the news.