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March 05, 2014 AT 2:59 PM
The United States and Western diplomats failed to bring Russian and Ukrainian foreign ministers together Wednesday for face-to-face talks on the confrontation in Crimea, even as U.S. Secretary of State John Kerry voiced optimism that an exit strategy was possible. Kerry said "I want to be realistic. This is hard, tough stuff, and a very serious moment." The flurry of diplomatic activity came as NATO punished Russia by suspending military cooperation, and the European Union extended $15 billion in aid to Ukraine, matching the amount the country's fugitive president accepted from Moscow to turn his back on an EU trade accord.