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New US and European sanctions come into force against Russia. President Obama says it is not the start of a new Cold War. Russia's ambassador to the EU says the sanctions will have no effect. Doctor Robert Shapiro, former senior economic adviser to Presidents Obama and Clinton - tells us Moscow's nonchalance is nonsense. As the airline industry's governing bodies meet in Montreal, how can you protect civilian planes from military assault? And, Argentina faces a possible second default on its debt. Tim Jones from debt relief campaigners Jubilee Debt says the country is being held to ransom by a small group of wealthy speculators. He calls them vultures. Plus, The Motley Fool's David Kuo on cannabis and cheese.
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