Diplomatic Whirl Shows West Unconvinced by Russian Peacemaking

  • ‘We haven’t seen any pullback,’ U.S. Secretary Blinken Says
  • Hair-trigger swings on financial markets driven by uncertainty
WATCH: U.S. officials are now saying the Kremlin claims that it has begun withdrawing troops from Ukraine’s borders are false. Bloomberg’s Bill Faries reports.Source: Bloomberg
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Russia insists it’s serious about easing tensions with Ukraine, but the West remains to be convinced.

While rounds of top-level diplomacy are picking up, work continues on a package of sanctions to deter President Vladimir Putin from any escalation. The Kremlin denies any plans to invade Ukraine and dismisses U.S. warnings of imminent military action as “hysteria”.