have to ask dana justified, -- have to explain and justify, how do you convey to gluten -- vladimir,utint mess around or you will feel my flexibility." [laughter] i have a bone and 810. -- a pin. i can run real fast and coke you with my head. -- coke you with my pin. this is the guy who promised to provide for the set, but there are more uninsured today than when obama began the he promised jobs for the jobless. fewer people are working. the average family is bringing home $4000 less than when obama started. he promised us a safe and peaceful world. he has al qaeda on the run. towards us. [laughter] safer? will he got our arsenal allow enemies to enrich? that is like a liberal on gun control. mr. president, the only thing that stops the bad guys with the nukes is a good guy with the nukes. [laughter] [cheering] i love the nra. [applause] he promised to heal the planet and stop the rise of the oceans, but the planet is not listening to dr. obama. histhe only thing rising in lalaland if the russian empire. i'm sorry. i am probably being too hard on the president. after all, who could have

utin's court. >> we will cross back to brussels shortly. if we look at today's trading session, it's ukraine, it china, its u.s. jobs, and we have a couple of corporate stories. >> i think this story is the most -- most interesting. the fed is going to be interesting with u.s. jobs number, but we are looking at one in, and that's the clock he does it friday. let's get this trading session started. you see equities pointing a little bit lower, down by a 10th of one percent. despite all the geopolitical concern, despite the lack of central-bank action, the stoxx 600 pretty much dead flat. one hundred 49,000 during the month of february, bringing the average down to 112, which is pretty pathetic compared to 190 four we averaged last year. one trade i want to look at is euro-dollar. one dollar 3866. the euro does this. ,f you go long expectations short, that is a losing trade at a moment. mario draghi didn't look dovish , did he? >> that was the latest on currency and market movers. let's go back to ukraine. all eyes have turned east. ryan, cri

>>utin will be able to to be reasoned with? >>? >> i am not sure he fully understands. he understands a lot about the way the russian economy works. i have been in meetings with him where he has been quite sophisticated about it. he understands oil and gas the best, i would say, so it would be hard to believe he would noting cognizant of that fact and that this is going to negatively affect the russian economy. >> said, you know, the way all of this is being presented in russia, even by, you know, colleagues at russian universities who i know well and who i would think of as relatively progressive, the way this is all presented is that it is really bandit did and far right nationals in john boehner who are taking over ukraine and we are supporting them and we don't understand the situation and so they might do this to protect their own national interests and even the ukrainian people from themselves basically. >> i do think yorg is right about all of those bad things that will happen to the russian economy. >> that's a point of leverage we could potentially -- or a poin

morning announcing new sanctions against russia and now breaking in just the last hour russian president utinsigned an order recognizing crimea as a soft earn and independent state. officials say 97% of voetners crimea backed secession. some public celebrations were is visible in the streets there are u.s. sanctions targeting seven russian officials and four crimean separatists leaders. the former president yanukovych. asset freezes, ban on doing business with u.s. interests or visiting the u.s. in restrictions on donations that might benefit some of the targeted individuals. today the eu announced its own freeze on the assets and travel of 21 people while the sanctions here are fairly limited. the next steps in the stand-off could be expansive as russia's troops continue to gather on another part of ukraine's border. to analyze the ukraine's next move, former ambassador to ukraine. welcome. >> good afternoon. >> good afternoon. let's start with that buildup. the military buildup there on the border of ukraine which is happening in concert with everything i just mentioned. the sanctions and e

pchess match with utin. the senior director for russia -ukraine and eurasian affairs. lets go with the chessboard analogy. what moves can president obama make? does he have any good moves left? a very weakfrom position because president putin has used military force to invade another country. the united states has not used military force to counter that, nor should we. the president is left with a series of options. there is universal condemnation of what putin has done. there is less effective organizing economic sanctions. the u.s. will put forward some economic sanctions against the russian federation, particularly russian officials. much less of a powerful united reaction from .he europeans they are closer to russia in trade and are dependent on russian natural gas. that will weaken the overall western response. what has been effective is this a to the ukraine that you have been reporting on. european union the package announced today. that is a powerful shot in the arm for the keiev government. >> we may not know what letter putin's endgame is. does he know? >> th

. >> every time the president goes into -- onto national television utin,hreatens vladimir progra everyone'spoint onam syria. what would senator graham do? does he want to put american troops there? i think not. therefore i think the rhetoric is easy. what you can do is harder. it almost all evolves around the nomadic and economic actions. >> where do you think we stand here? is this for show? does he have any leverage? what will we say five years from now? >> limited leverage. the complication is that is a pro-european government such as it is. a terribly inept government that is great chaos there. to find outt have is how far vladimir putin will go. ea orhe stop with crime play out across ukraine? a terrible situation. destabilizing. i do not think this is a big win for vladimir putin. lex we love the analysis and fresh perspective. else we love?at that sweater. >> i wore it just for you. >> when we come back, talking about another superstar. right.-oscar buzz got it a lot of the favorites one. we will talk winners, losers and what is to come. this is "market makers" on bloomberg tv. we wi

utin said he does not like nato on territories that were former parts of the warsaw pact. this regard to democratic choices of the people of the country. big ideas are too big to hide. seriously.take putin so far, our policy has been very good on russia. reactive tradey and has not been proactive. it has been blasted by vladimir putin. that could send exactly the wrong signal and embolden him to or actions onures the european theater. it's not the u.s. that is ratcheting up the aggression in russia with its anti-ballistic missile systems. thatn't have a system would help us with russian ballistic missile threats. they have too many ballistic missiles. our missile defense systems are currently designed to address less sophisticated threats from countries like north korea or iran. they are not designed to address russia. that is a problem. with ballistic missiles, russia could hold our allies in europe or the u.s. hostage. that is what we don't want. we want freedom of action to stabilize things before they come more serious or spun out of control. because of miscalculations

utin has tried to reconstitute the russian empire as a rival for the european union.e has been very successful politically. he has not been terribly successful financially because the russian economy is not doing well at all. putin has outplayed, out maneuvered the european union because europe is true to form. they demanded too much and offered to little. t was not difficult forputin -- putin. >the ukrainian people screwed u. by sacrificinged commitment toeir be part of europe. this is a challenge to europe. to rediscover its own european identity instead of each country just pursuing its national interests and getting further and further into conflict with the others. there are certain core principles. this is a political thing. democracy and open society and freedom. europe has believed him these things but needs to stand up and be united. >> george soros using some of his favorite words like open society. francine lacqua is with us live from london. he was born in hungary and watched soviet power in action when the iron curtain fell over that part of europe. what

of discussion of putting georgia on a track to nato membership, the russians, prudent, warned that utin,would have -- p warned that this would have serious consequences. and as a result, we held back. what happened? three months later, despite this concession -- i'm not sure that this is a man who listens to concessions, who sees concessions. what is his language echo his language is strength -- what is his language? his language is strength. ms we respond to his strength with our own form of strength, you end up losing. and that, i think is the situation we are in today. >> what can we really do you cope next if i may -- what can we really do? the bottom line is enlargement, the enlargement of the european union at least. i think we cannot take from a scout a veto of whether -- take from moscow a veto of whether countries in eastern europe can be part of the european union. give him aneed to sense of a better option. there are people in russia who are very worried about what is happening. there are 50,000 people in the brutal regime demonstrating against this for just two days ago. the

utin said he does not like nato on territories that were former parts of the warsaw pact. this regard to democratic choices of the people of the country. big ideas are too big to hide. seriously.take putin so far, our policy has been very good on russia. reactive tradey and has not been proactive. it has been blasted by vladimir putin. that could send exactly the wrong signal and embolden him to or actions onures the european theater. it's not the u.s. that is ratcheting up the aggression in russia with its anti-ballistic missile systems. thatn't have a system would help us with russian ballistic missile threats. they have too many ballistic missiles. our missile defense systems are currently designed to address less sophisticated threats from countries like north korea or iran. they are not designed to address russia. that is a problem. with ballistic missiles, russia could hold our allies in europe or the u.s. hostage. that is what we don't want. we want freedom of action to stabilize things before they come more serious or spun out of control. because of miscalculations

utin is -- we have always been -- we have an economic partnership. the free trade agreement that . s prepared and nirbled you -- initialed. t did not pass the procedures. we did not discuss it with the manufacturers. when we saw what was going to be the real outcomes for signing instructed nt and i the governor to have a close look at it, the decision was simple. first we suspended those talks. we need to find a way to harmonize our trade relations between the e.u. and the economic side with russia. because russia was preparing a similar agreement with the european union. you know, this work was being done over several years and was ot finished. and the chance -- without the chance of finding common ground on a wide range of peams items between russia, ukraine, and the european union. and we offered to have this trilateral cooperation. it was very critical because our economy improved a lot. our main trader, russia, exceeded $60 billion in the past 18 months. these losses could have continued. it was hard to estimate what would be the projected numbers -- in ear term agricultural,