Credit Suisse Sees Limbo for Russian-Dominated Crimea
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Credit Suisse Group AG sees Ukraine falling into “sovereign limbo” as Crimea effectively becomes part of Russia, said Robert Parker, the Swiss bank’s senior adviser on investment, research and strategy.
Crimea will become a “murky zone” like South Ossetia, Parker said in an interview today in Cape Town. The probability of a conflict in Ukraine is no more than 15 percent as the slump in the ruble and Russian stocks tempers the reaction of President Vladimir Putin’s government, he said.