Mike Shedlock

I received an interesting email regarding Ukraine from reader Jacob Dreizin, a US citizen who speaks both Russian and Ukrainian.

Jacob comments on media bias and offers the "full scoop" on Ukraine.

First, let's take a look at events that happened earlier today.

Pro-Russia Gunman Seize Crimea Parliament

Bloomberg reports Gunmen Seize Crimea Parliament as Ukraine Backs New Premier.

Gunmen occupied the parliament in Ukraine’s Crimea region as lawmakers in the capital approved a new cabinet after last week’s ouster of Viktor Yanukovych.

About 120 trained and well-armed men took over the parliament and government buildings in Simferopol, according to Serhiy Kunitsyn, a lawmaker for former boxing champion Vitali Klitschko’s UDAR party. They raised the Russian flag.

Fistfights broke out yesterday near Crimea’s parliament as hundreds of demonstrators demanded a referendum on breaking the region off from Ukraine and joining Russia. They were met by several thousand Tatars, chanting “Crimea isn’t Russia!”

The proposed Crimean referendum has no legal basis, Unian said, citing the Central Election Committee. The Constitution requires a nationwide referendum to change territorial status.

Mike Shedlock

Mike Shedlock is a registered investment advisor representative for Sitka Pacific Capital Management.

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