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Editor’s Note Editor’s Note Hello and welcome to the March 2014 Edition of Finance Monthly
Global markets were left shaken this month amidst the high-profile developments and political unrest that continues to unfold in Ukraine.
Turmoil on the ground spread into domestic and international markets on the first Monday of the month, hitting stocks from Wall Street to Ukraine in a “Black Monday” fashion that caused oil and natural gas prices to spike.
Global stock markets steadied again on Tuesday 04th, with Russia’s main share index up more than 5%, the FTSE 100 up 1.7% and Frankfurt’s Dax up 2.5%.
Commenting on the escalating dispute that continues to cause unease internationally, Russian President Vladimir Putin broke his former silence to deny that his country’s troops had besieged Ukrainian forces in Crimea, and asserted that they were a self-defence measure deployed at the request of ousted Ukrainian President Viktor Yanukovych who asked Russia to send troops across the border to protect civilians.
In response to a Q&A that followed remarks by Barack Obama on the FY2015 Budget, the US President said: “We’re consulting with our international allies across the board. Together, the international community has condemned Russia’s violation of the territorial integrity and sovereignty of Ukraine. We’ve condemned their intervention in Crimea. And we are calling for a de-escalation of the situation, and international monitors that can go into the country right away […] above all, we believe that the Ukrainian people should be able to decide their own future, which is why the world should be focused on helping them stabilize the situation economically and move towards the fair and free elections that are currently scheduled to take place in May”.
The extent to which this conflict has already spread indicates a potential for its repercussions to echo long into the year and beyond. Something we should all keep a close eye upon.
Whilst you’re doing that, why not cast your other eye over this month’s edition of Finance Monthly magazine? In this issue we’re taking a look at social media risks to companies and financial services; the rise in global economic crime and those most affected; plus effective governance within family businesses. And that, of course, is just for starters; you can see the full offering on the next page. I hope you enjoy this issue. Join us on Twitter @Finance_Monthly for more.
All the best,
Mark Palmer Executive Editor
PUBLISHER Parity Media Limited
EXECUTIVE EDITOR Mark Palmer
PRODUCTION MANAGER Emma Tansey production@finance-monthly.com
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