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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 tighten sanctions against Russia, as the country hasn't fully 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 prosecutor is tied with alleged 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 Carnival: 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 controversy. All this with our guests Peter Morici, an economist from the University of Maryland, and Mike Howe from Escape the City in the UK.