PODCAST: International business and Ukraine
President of the European Council Herman van Rompuy, Canadian Prime Minister Stephen Harper, French President Francois Hollande, British Prime Minster David Cameron, U.S. President Barack Obama, German Chancellor Angela Merkel, Japanese Prime Minister Shinzo Abe, Italian Prime Minister Matteo Renzi and President of the European Commission Jose Manuel Barroso attend a meeting of the G7 leaders on March 24, 2014 in The Hague, Netherlands. The G7 countries are meeting to discuss the recent developments in Ukraine, and to consider their response and any sanctions to be imposed upon Russia in answer to its annexing of the Crimea region.
Diplomats from Ukraine, Russia, the U.S. and the EU are in Geneva on Thursday to try to defuse tensions in Ukraine. Over the next week, the U.S. is expected to apply more economic sanctions on Russia, which the West believes is behind the unrest in eastern Ukraine.
The European Union is also working on sanctions, but some international businesses are now pushing back.
Also, despite being one of China’s most-visited websites, and analysts are watching to see if Weibo closes way low. That’s because questions about how "active" the site's 130 million active users really are.
And, finally, a recent study from researchers at New York University’s Stern School of Business and University of Munich shows VCs are more likely to back companies if the executives are the same ethnicity as the investors.