http://www.bloomberg.com/news/2014-04-13/-crunch-time-for-u-s-eu-as-pro-russians-battle-ukraine-forces.html
This article analyses the impact of further European and US involvement in Ukraine's crisis. The main discussion revolves around further economic sanctions from the West on Russian businesses. The problem here has to parts. One is the backlash the governments of the West are receiving from companies that do business in Russia. The second part is great uncertainty that further economic sanctions will have impact on Kremlin's decision to continue their detribalizing mission in Ukraine.
Russia has gone too far and Putin realizes it. The entire world understands the situation and the propaganda that Putin sells to his people. Russia lost great deal of legitimacy on the global stage but it maintains support of countries that have historically opposed the West. What is happening today has clear signs of the Cold War standoff but with Ukraine being a battleground. Russia's benchmark has fallen 8.5% since February and the ruble (Russian currency) has fallen in value, but that had little affect on Putin's actions.
Those the West has to make a critical decision about what sanctions actually work and will eliminate a chance of military intervention. Further economic sanction on energy and banking sectors will put strain on Russian economy but might not force Putin to withdraw from Ukraine.
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