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WASHINGTON (AP) — The U.S. rejected the Crimea secession referendum Sunday as illegal and readied retaliatory penalties against Russia, while shifting sights to deterring possible military advances elsewhere in Ukraine that could inflame the crisis.
By Mike Peacock LONDON (Reuters) - A U.S. Federal Reserve meeting and Western sanctions on Russia will give financial markets plenty of pause for thought in the week to come but it could be China that sets the economic weather. Politically this story dwarfs all others in the world but economically, some perspective is required.
By Mike Collett-White and Ronald Popeski SIMFEROPOL/KIEV (Reuters) - Russian state media said Crimeans voted overwhelmingly to break with Ukraine and join Russia on Sunday, as Kiev accused Moscow of pouring forces into the peninsula and warned separatist leaders "the ground will burn under their feet". Caught in an East-West crisis reminiscent of the Cold War, Kiev said Russia's build-up of forces in the Black Sea region was in "crude violation" of an international treaty, and announced plans to arm and train 20,000 members of a newly-created National Guard to defend the nation. U.S. Secretary of State John Kerry told Moscow that Washington would not accept the outcome of the vote, which is likely to favor union with Russia for a region which has a Russian-speaking majority. The White House also warned Moscow to expect sanctions while foreign ministers from the European Union, which has major trade ties with Russia, will decided on possible similar action in Brussels on Monday.