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World Business Report: First broadcast 24/02/2022 22:32 GMT : The US and UK announce new Russia sanctions

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First broadcast 24/02/2022 22:32 GMT 

First broadcast 24/02/2022 22:32 GMT : The US and UK announce new Russia sanctions

The US and UK announce new Russia sanctions

BBC World Service - World Business Report, The US and UK announce new Russia sanctions

President Biden and Boris Johnson have escalated American counter-measures.

The world woke up on Thursday to a new war in eastern Europe. And even as fierce fighting continues in several parts of Ukraine - with the Russians advancing on multiple fronts - international condemnation has grown steadily louder. 

We spoke with Sergei Goryashko - a senior reporter for BBC Russian in Moscow,  Representative Brian Fitzpatrick of Pennsylvania and Dr Olga Kolokolova - a senior lecturer in finance at Manchester University on this matter.

Next, we look at how the US markets ended the day's trading in positive territory. Cary Leahey - Adjunct Professor of Economics at Columbia University explained how the markets fared and why.

Lastly, we look at how thirty years ago, Ukraine was one of the 15 constituent parts of the Union of Soviet Socialist Republics. When the Soviet Union broke up in 1991, internal boundaries became international borders. That's the point at which The BBC's Matt Davies took up the story with Peter Conradi - Europe Editor of The Sunday Times and author of the book Who Lost Russia? How the World Entered a New Cold War.

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First broadcast 24/02/2022 22:32 GMT : The US and UK announce new Russia sanctions

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