from ZeroHedge:

With less than 6 hours left until FX trading opens, no resolution to the Ukraine crisis is in sight. Instead the situation has devolved even more and overnight Ukraine has ordered a full military mobilization in response to Russia’s build-up of its forces in Crimea. Prime Minster Arseniy Yatsenyuk said the country was “on the brink of disaster.” Several other measures were announced on Sunday by national security officials:

• The armed forces would be put on “full combat readiness”.


• Reserves to be mobilised and trained


• Ukraine’s foreign minister will seek the help of US and UK leaders in guaranteeing its security


• Emergency headquarters to be set up


• Increased security at key sites, including nuclear plants.


• Airspace closed to all non-civilian aircraft.

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