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This is a dangerous situation for sure. What Putin has done isn't right but the people themselves are generally in favour of it in that region even if the vote wasn't properly monitored. We just need the world to unite to provide the maximum pressure on Putin that he doesn't try to take any more territory.

Obama just needs to get maximum worldwide support for sanctions and pressure against Putin.

What Putin has done is reckless and hugely de-stabilising for that region. Even China has failed to support Russia.