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Business Matters: Renewed Sanctions on Russia Will Hurt the US First 19 Feb 15
Thu, 19 Feb 15
The US says it needs to tighten1 sanctions against Russia, as the country hasn't fully2 adhered to its ceasefire announcement in Ukraine. Our expert tells us, however, that tighter sanctions may hurt the US first. Hundreds of thousands of people hold a silent protest in Argentina, despite the torrential rain, to express distrust in their government. We ask why the unexplained death of a prosecutor3 is tied with alleged4 shady deals between Argentina and Iran. It's not a happy new year in China for many. We find out how difficult the struggle to move about within the country is, and why some feel excluded from the celebrations. We hear about the dark side of the Rio Carnival5: illegal gang money has historically funded many of the colourful displays and floats. We hear why the latest winner in the floats category is causing so much controversy6. All this with our guests Peter Morici, an economist7 from the University of Maryland, and Mike Howe from Escape the City in the UK.
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