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Ukrainian servicemen ride in a tank close to the airport in the eastern city of Donetsk, a facility which has been the site of intense fighting for several weeks.
Ukrainian servicemen ride in a tank close to the airport in the eastern city of Donetsk, a facility which has been the site of intense fighting for several weeks.

Live Blog: Ukraine In Crisis (Archive)

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14:46 29.7.2014

Here are some more details from RFE/RL's news desk on the proposed Russian legislation that would brand some states as "aggressor" countries:

Russian lawmakers have reportedly drafted amendments that would brand states that impose sanctions on Russia as "aggressor countries."

The pro-Kremlin daily "Izvestia" reports that the legislative proposals would pave the way for potential restrictions on specific companies that operate in Russia.

It quoted deputies from the ruling United Russia party as saying the bill would allow the Russian government to restrict auditing and consulting companies registered in "aggressor countries" in their operations in Russia.

The legislation describes as an "aggressor country" a state that has "imposed sanctions on the Russian Federation, Russian citizens, or Russian companies."

The drafted amendments come as the Kremlin is searching for ways to hit back at the European Union and United States which are imminently expected to impose a new round of sanctions against Moscow for allegedly supporting separatists in east Ukraine.

13:56 29.7.2014
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13:37 29.7.2014

It seems that news of more impending sanctions against Russia is causing waves on financial markets:

Russian bank and company bonds denominated in dollars and euros have slumped in value in the past few days in anticipation of tough European Union sanctions.

The EU has already slapped sanctions such as asset freezes and travel bans on some Russian officials after Russia annexed Ukraine's Crimea region earlier this year and began supporting separatists fighting Kiev's forces in eastern Ukraine.

The United States has also issued six rounds of sanctions, with its toughest imposed on July 16.

But the downing on July 17 of a Malaysian airliner over Ukraine, killing all 298 people on board, has led European leaders to beef up their own measures.

Read the entire article here

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Here's the latest situation map for east Ukraine from Kyiv's National Security and Defense Council:

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