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Behind those actions. >> nick paton walsh is in crimea toight. and nick, president obama obviously threatening sanctions against some in the political sphere but none of the really wealthy owe oligarcs. are they hurting putin and having an impact on him? >> reporter: no, not at all, clearly. in fact, they'll respond with their own kind of sanctions back against the west, perhaps. we saw no sign in that speech he gave today, 50 minutes, of anything other than him trying to reclaim perhaps the former soviet glory russia once knew. he said how if you crush a spring too much it will eventually reb...

He's inside crimea. how tense is this situation right now in this -- i don't know if you can get a good sense of how many people you've been speaking to want crimea to be part of russia, how many want it to be part of ukraine? >> well, i've been speaking to a lot of people at protests, and obviously, they're all very pro-russian, but i've actually been getting messages over the last couple of days from people who have been watching some of my stories to let me know that they don't want to take russian citizenship and they're very wore ed about what's going to happen. there's a large population...

Arrived. at least 18 member states, including the u.s. sent military observers meant to monitor the crisis and help deescalate it, not make it worse. >> well, this is a standoff we've been witnessing between members of the osc here and the pro-russian security forces there for the blocking through this stretch of land towards the crimean peninsula. the osc, the commander here saying we've come here to check on the situation inside crimea. and i'm there, the mask has just told them that he's been ordered by the crimean government not to let anybody in. you see this is the reaction of the ukrain...

Colleagues called this a bit of a low-key invasion in crimea, which is a very unusual description for what's going on right now, especially since we just had this very frightening ultimatum issued by russia. the reaction right now in ukraine is that the calm before the storm or the calm before the inevitable? >> reporter: i think it has been very low key, indeed. i mean, in fact, not a shot has been fired, really, in anger, as russia established its grip militarily over that region of crimea. they have now essentially either surrendered or occupied the key installations, both civilian and mili...