Talks to unblock Ukrainian grain stall as UN warns of unprecedented hunger
Negotiations in Turkey to lift the Russian blockade on Ukrainian ports reach a stalemate as the UN chief warns that the impact of the cost of living crisis will be global.
Negotiations in Turkey to lift the Russian blockade on Ukrainian ports and allow millions of tonnes of grain to reach poor countries have reached a stalemate. The war threatens to unleash an unprecedented wave of hunger and destitution around the world, says UN Secretary-General Antonio Guterres. In the Horn of Africa, people in rural areas are on the brink of starvation, as Hassan Khannenje, director of Horn International Institute for Strategic Studies, tells us.
The EU has agreed that companies will face mandatory quotas to ensure women have at least 40% of seats on corporate boards. We hear more from Lara Wolters, a Dutch socialist member of the European Parliament, who led negotiations on the change.
India has increased interest rates for the second time this year. We discuss this with business journalist Sushma Ramachandran and Paramount Cables Group's Sanjay Aggarawal.
A TikTok executive has stepped back after claims that he participated in an aggressive work culture. We hear from Financial Times reporter Cristina Criddle about the allegations.
Walmart heir Rob Walton and his family have won the bidding to buy NFL's Denver Broncos. The Walton-Penner family is reported to have made a bid worth 4.65 billion dollars. Sports Business Journal's Ben Fischer explains the details.
Sam Fenwick is joined throughout the programme by Takara Small, technology reporter for CBC in Toronto Canada, and Rachel Pupazzoni, national business reporter and presenter at ABC News in Perth in Australia, to talk about the most relevant business news of the day.
(Picture: Foreign Ministers of Russia, Sergei Lavrov, and Turkey, Mevlut Cavusoglu. Picture credit: European Pressphoto Agency)
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