Putin Recognizes Independence of Ukraine Breakaway Regions, Escalating Tensions

KYIV (CBS News) -- Russian President Vladimir Putin said Monday that he will recognize the independence of two Russian-backed breakaway republics in the east of Ukraine.

The Biden administration warned last week that the move would violate international law and Ukraine's sovereignty, and would "necessitate a swift and firm response" from America and its allies.

The Russian leader's decision effectively signals that Moscow is no longer interested in negotiating with the West to find a diplomatic resolution to the Ukraine crisis based on cease-fire deals hammered out eight years ago, which have been consistently pointed to by both sides as the only viable framework for an agreement.

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