US Secretary of State John Kerry has fired a fusillade at Russia for sending its troops to Ukraine’s Crimea region. Mr. Kerry was unusually blunt, condemning Moscow’s action as a “brazen act of aggression” and warning that Russia risked losing billions of dollars if the west decides to impose tough trade sanctions.

As the rhetoric heats up, some analysts have boldly predicted that Crimea could touch off another Cold War, one that could again plunge the world into a state of political and military tensions.

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