To Celebrate Detente Russian Navy Blocks Channel Between Crimea And Russia

It took just a few short hours after Putin's Cold War 2.0 "detente" overtures for Russia to show that there is a difference between actions and words. In this case, and as always, the former continue to outperform the latter, and Reuters reports that Russian navy ships have blocked off the Kerch Strait which separates Ukraine's Crimea region and Russia.

According to the news service, which however cites Ukraine border guards so it must be taken with a large grain of salt as last seen during yesterday's "ultimatum" escalation, the border guards have said that Russian servicemen are in control of the Crimean side of the narrow channel and that Russian armored vehicles have been sighted on the Russian side.

"The Kerch Strait is blocked by two Russian ships - from the north and from the south," Pavel Shishurin, the deputy head of the border guards, told reporters.

The Russian military has not confirmed his comments.

But as long as Putin contemplates whether or not to put troops in the Crimea, as in more, all is well. At least according to the "markets."