US prepares $1 billion aid package for troubled Ukraine

Secretary of State John Kerry flew to Kiev on Tuesday to show US support for the fledgling Ukraine government, and the Obama administration announced with his arrival a $1 billion energy subsidy package.
The fast-moving developments came as the United States readied economic sanctions amid worries that Moscow was ready to stretch its military reach further into the mainland of the former Soviet republic.
Kerry arrived as the Ukraine government grapples with a Russian military takeover of Crimea, a strategic, mostly pro-Russian region in the country's southeast, and as Russian President Vladimir Putin said he wouldn't be deterred by economic sanctions imposed punitively by the West.

US prepares USD 1 billion aid package for troubled Ukraine

While on the ground, Kerry was planning to pay homage to the dozens of protesters who were slain on February 20 in anti-government demonstrations which culminated days later in the ouster of President Viktor Yanukovych.
As Kerry arrived, the White House announced the package of energy aid, along with training for financial and election institutions and anti-corruption efforts. US officials traveling with Kerry, speaking on grounds of anonymity, said the Obama administration is considering slapping Russia with unspecified economic sanctions as soon as this week.
Additionally, the officials said, the US has suspended what was described as a narrow set of discussions with Russia over a bilateral trade investment treaty.
It is also going to provide technical advice to the Ukraine government about its trade rights with Russia. The officials spoke on condition of anonymity because they were not authorised to be quoted by name before the official announcement was made.
Putin pulled his forces back from the Ukrainian border on Tuesday, yet said that Moscow reserves the right to use all means to protect Russians in the country. He accused the West of encouraging an "unconstitutional coup" in Ukraine and driving it onto anarchy, declaring that any sanctions the West places on Russia will backfire.
Speaking from his residence outside Moscow, Putin said he still considers Yanukovych to be Ukraine's leader and hopes Russia won't need to use force in predominantly Russian-speaking eastern Ukraine.