Saturday, July 19, 2014

Malaysia Airlines Market News Update : Epic Research Singapore

President Barack Obama said on Friday the downing of a Malaysian jetliner in a Ukrainian region controlled by Russian-backed separatists should be a "wake-up call" for the West in its drive to hold Russia accountable for a crisis that appears to be at a turning point.

While stopping short of blaming Moscow for Thursday's crash of Malaysia Airlines Flight 17, in which 298 people died, Obama accused Russia of failing to stop the violence that made it possible to shoot down the plane. The United States has said the jetliner was hit by a surface-to-air missile fired from rebel territory. "This certainly will be a wake-up call for Europe and the world that there are consequences to an escalating conflict in eastern Ukraine; that it is not going to be localized, it is not going to be contained," Obama told reporters.

Increasing international demands for an investigation into the crash present Obama with the opportunity, at least temporarily, to counter the perception that his presidency's global influence is eroding and to exert leadership at a time when his domestic and foreign policy initiatives appear to be faltering.

Television broadcasts of pro-Russian rebels sifting through the remains of the Boeing 777-200 divert attention from a crisis in the United States involving child migrants on the southern US border and crises abroad including Israel's ground assault in Gaza and Islamist gains in Iraq.


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