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	Podcast:		Business Matters
	Episode:		US To Sanction Russia Over Novichok Use
	Category:		Business
	Duration:		00:55:21
	Publish Date:		2018-08-08 20:06:00
	Description:		The US has said it will impose fresh sanctions on Russia after determining it used nerve agent against a Russian former double agent living in the UK. Sergei Skripal, and his daughter were poisoned on the 4th of March. This is a surprise, according to Chris Weafer, head of Macro-Advisory, a Moscow-based consulting firm that specialises in foreign investment in Russia. Another round of retaliatory trade tariffs was announced this week - Washington first, then Beijing responding - with 25 per cent tariffs on 16 billion dollars worth of goods. So how are the markets responding? Susan Schmidt, senior portfolio manager at the Dallas-based Westwood Holdings Group, explains. California's biggest wildfire on record is expected to burn for the rest of the month. To understand the why we hear from Dr William Stewart, a Forest Management specialist at the University of California Berkeley. All this and more discussed with our two guests throughout the show: Ralph Silva of the Silva Research Network in Toronto. And Tom Wright of the Wall Street Journal in Hong Kong. (Photo: British military work close to the bench where Russian former double agent Sergei Skripal and his daughter Yulia were found critically ill in Salisbury. Credit: Getty Images.)
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