'Reconciliation efforts need to be stepped up once a new president is in place. Without a political settlement, the already massive human and economic cost of this conflict will increase,' said Michael Keating.
'I expect that as a result of the Ukraine crisis, the EU is going to look much more seriously at ways of diversifying away from Russian energy sources,' said John Lough.
'It will be a very volatile weekend. I think a lot will depend on the stance Russia will take on the results of the referendum,' says Orysia Lutsevych.
While Sir Peter did not specifically make reference to the current crisis in the Crimea in his speech to Chatham House, it was clear what he meant when he warned that the 'reticence' of war weary Western governments to undertake military action was sending the wrong message to future adversaries.
Speaking at a public forum at Chatham House in London, Ms Bishop said the Department of Foreign Affairs and Trade (DFAT) is looking at alternatives to the broadcaster for promoting Australia in the Asia-Pacific region.