The European Union is proposing a new round of sanctions against Russia including a ban on coal imports and a ban on Russian ships entering European ports. German economist Jakob Schlandt tells us that Germany's heavy reliance on Russian energy remains a difficult issue for the EU. Japan has also stepped up sanctions against Russia; Noah Schneider, Tokyo bureau chief for The Economist gives us the details.

Unrest is growing in Peru as both fuel and food prices are rising rapidly. The government has imposed a 22- hour curfew to contain protests; Marcelo Rochabrun is the Reuters correspondent in Lima and brings us the latest from the capital.

And Joe Saluzzi of Themis Trading in New Jersey brings us up to date with today's movements on Wall Street.