Correction and clarification

As I mentioned yesterday, A Very Important Statesman™ has spoken out on The Crisis of the Century™:

 "The world cannot just allow this to happen. The world cannot just say it is OK, in effect, to violate the sovereignty of another nation in this way."
Mr Hague rejected claims the US and EU were powerless to act, saying they had a range of options at their disposal if Russian forces did not return to their naval bases in Crimea and honour the terms of an agreement with Ukraine allowing them to station forces there.

Britain will, naturally, be taking a leading role in tackling The Crisis of the Century™. Here's some breaking news, clarifying exactly what Britain's planning to do about it:

Britain is drawing up plans to ensure that any EU action against Russia over Ukraine will exempt the City of London, according to a secret government document photographed in Downing Street...
...The document said Britain should:
• "Not support, for now, trade sanctions … or close London's financial centre to Russians."

A timely reminder that:

• Far from "punching above its weight" as it loves to say, the British government is more or less all mouth and no trousers.

and

• The autonomous enclave of the City of London is far more concerned with enriching itself by skimming off the dodgy money acquired by Russian oligarchs and other high-rolling swindlers than with the welfare of most ordinary British people who can't even afford to live in the capital any more. It no more exists for our benefit than Russia's Black Sea Fleet exists in Crimea because it's needed to defend plucky little Ukraine. Nobody should be remotely surprised that the strategic purposes of these two autonomous enclaves are almost entirely at variance with the interests of the nation states within which they exist.

______________________

Update - believe nothing until it has been officially denied.

Update #2 - 'US and Europe on brink of passive-aggressive letter to Putin', reports The Daily Mash.