UPDATE: State of emergency declared in Ukraine - a podcast by BBC World Service

Amid the threat of a Russian invasion, Ukraine's economy faces a number of challenges. Jock Mendoza-Wilson is deputy chair of the British Ukrainian Chamber of Commerce, and discusses the current mood among businesses in the country. Meanwhile, the West continues to ratchet up sanctions on Russia.

Next, US sanctions announced on Tuesday were intended to hurt Russia's ability to finance its military efforts. What did the markets make of that? We asked Susan Schmidt of Aviva Investors in Chicago.Lastly, the latest cyber attacks on Ukraine are another reminder of the malign potential of digital technology in the wrong hands - though saying that invites a lot of questions about what is "right" or "wrong" in the context of the technology that now pervades every aspect of our lives. Can we take its fundamental neutrality for granted? We put some questions the author Stephanie Hare has been exploring in her new book, Technology is Not Neutral: A Short Guide to Technology Ethics.

Further episodes of World Business Report

Further podcasts by BBC World Service

Website of BBC World Service