Accusing Vladimir Putin of “possibly trying to annex Crimea” Secretary of State John Kerry warned that he would “lose all the glow that came out of the Olympics, his $60bn extravaganza.” Russia’s “major investment and trade needs” are bound to suffer if Russian troops don’t leave Ukraine, Kerry said, hinting at sanctions. All the G-8 and more “are simply gong to isolate Russia, no more normal business as usual.”