A Malaysia Airlines jet carrying nearly 300 people crashed near the border between Russia and Ukraine, according to Reuters and Interfax. The airline company has confirmed that it has lost contact with the plane, a Boeing 777.
The Australian ambassador to the U.S. says the search for a missing Malaysian jet could end soon. Kim Beazley told CNN's "State of the Union" it's getting too expensive to continue. He also said searchers may meet in a few days to decide what to do
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