Uncertainty In Ukraine Is Sending Markets Downward

Published March 3, 2014 at 1:35 PM EST

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Traders work on the floor of the New York Stock Exchange on the morning of March 3, 2014 in New York City. The Dow Jones Industrial Average opened down amidst turmoil between Russia and Ukraine. (Andrew Burton/Getty Images)

Global markets have been dropping today as the situation heats up in the Ukraine. The Russian ruble has also been plummeting and Russia’s central bank reacted by raising its interest rates.

Cardiff Garcia of the Financial Times joins Here & Now’s Jeremy Hobson with details.

Guest

Cardiff Garcia, reporter for the Financial Times blog FT Alphaville. He tweets @CardiffGarcia.