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The US Senate has overwhelmingly endorsed new sanctions against Russia. It's prompted Vladimir Putin to complain that relations between Russia and the US are being damaged by domestic American politics. What will President Trump do when the bill reaches his desk? We hear from Edward Lucas, who writes about Russia for The Economist magazine and Dr Frank Schauff of the Association of European Businesses, a group representing foreign investors in the country.

It’s been a summer of severe flooding in parts of southern China. Paul Sayers of the Environment Change Institute at Oxford University joins us to discuss the impact on the affected areas. Meanwhile, the warm temperatures and long days of summer in northern Sweden present some unique business opportunities, as the Â鶹ԼÅÄ’s Elizabeth Hotson has been discovering.

Plus, as US comic Jerry Seinfeld is named the highest paid comedian by the US business magazine Forbes – thanks in part to his exclusive deal with Netflix - we explore the power of new media on the career of an entertainer.

Fergus Nicoll is joined by two CEOs on the programme. Guarav Dhillon founded the data integration company SnapLogic in California and Professor Jasper Kim of Ewha University in Seoul, founded the Asia-Pacific Global Research Group.

(Picture: Russian President Vladimir Putin arrives for the first day of the G20 summit in Hamburg this month. Photo credit: Morris MacMatzen/Getty Images)