in armenia and as an beach and that is in denmark, are headed to the polls on tuesday. opinion polls show is unlikely. the 2 main political blocks will get the majority needed to govern. i spell ibarra has more from cop and copenhagen. this is an historic election with a record number of political parties voting for a bigger se. in the parliament, 50 percent of the voters have not decided yet. which party they're going to vote for raising concerns about the potential over parliament, which is likely going to be the most fragmented parliament in the modern history of the country. this is an election mainly about inflation, wising, living costs, economic hardship, and also climate change. and there is a growing consensus in denmark that regardless of who's going to win the election, the country will continue to clamp down on immigration pry. miller summative fredrickson is hoping to be able to maintain her lead in the election by being the

strongest political party in the country to be able to reach out to the centrist to form a coalition. but there are chances that the far white can gain more momentum in the selection upsetting the plans that the prime minister is hoping to implement for the country ah, without a zera. these are our top stories. russia says is unacceptable for ships carrying grain to pastor a black sea corridor, and it won't guarantee the safety of the vessels. moscow has suspended participation in a deal brokered by turkey and the un is allowed ships to transport grain from ukraine's ports. ross, as president vladimir putin has warned that he can do more after a series of miss allan dried attacks in ukraine. yes, strikes had critical infrastructure in 10 cities, leaving many people without power and running water. us president joe biden have

told oil companies to lower fuel prices for americans will face a higher tax rate on their record profits. he says, many oil companies have been profiteering from the war in ukraine. gimme a break enough is enough. welcome, a capitalist, you've heard me say this before. i have no problem. the corporations turn in a fair profit get in return on their investment and innovation. but this is my remotely what's happening, or companies record profits a day or not, because doing something new or innovative. their profits are a windfall of war windfall from the conflict as reverend g. ukraine, and hurting tens of millions of people around the globe. you know, at a time of war and he come to receiving a storage one for our purpose like this has a responsibility to act beyond the narrow self interest of its executive shareholders. search and rescue teams in the philippines are still looking for

bodies and a tropical storm. now, gay, at least 101 people have died, dozens are still missing, and more than 800000 on displaced. suppose the brazilian present jebel scenario have blocked roads across the country. also he lost sundays election. louis enough in a silver both nar has still not publicly conceited. those i headlines, i'll be back with more news of the inside story. ah, ah ah ah, russia is accused of blackmail by withdrawing from a great deal with ukraine took here and the united nations are trying to salvage it . but how will this affect the global food cries,

that will countries that depend on shipment, finding the food to eat. this is inside story. ah, ah, welcome to the program of the hill robins. this was hailed as a read diplomatic breakthrough from russia's war in ukraine. moscow and keith had signed a un entered kia, broke a deal to export grain safely through the black sea. the 2 nations were major suppliers of wheat, barley, corn, and sunflower, oil to lower and middle income countries before the war. but russia has suspended its involvement. the kremlin blamed drone attacks on its black sea fleet in crimea for its decision retaliated with more missile strikes on, keep the un turkey and ukraine have now agreed to allow some of the great vessels

to leave through turkish waters. turkey says it's determined to keep the agreement alive, while ukraine's president accuses rusher of blackmailing the world with hunger. or c a. u. b. me when russia is the only one to blame for the food will now become more expensive from west africa to east asia. russia is the only reason why people in particular that you need your yemen or somalia left with catastrophic food shortages. the lunmark deal was signed in july to export grain and fertilizer from ukrainian ports which had been under russian blockade. it was meant to ease the global food crisis caused by the conflict. the un says more than $450.00 ships of left ukrainian port since early august. and about 9300000 tons of food has been exported to regions around the world. the.

let's bring the guests for this edition of inside story moscow, andre bucklin, all they former russian and basset to saudi arabia in new york. steve matthews, senior vp of financial services that grow intelligence and analysis on agriculture, climate and the economy. and in denise in ukraine, marcia bella cova, a great news and price reporter at fastball kits. i agree, census told of august. thank you very much for joining us on this edition of inside . so he must click, continue, a new crane and the statement obviously by moscow that they get to suspend their involvement in these grain shipments. how concerning is that news as ukrainians here? it ah, hello. so yeah, the user really concerned in, ah, i can say that people are not expecting that something bad can happen because for the last week's new already have seen a huge delays for the inspection, for the vessels that come in and going to ukraine. so stumble and also there was

some rumor that was not confirmed that after on early november the interest can be closed just because they have to free the q and also ration statements during the last 3 weeks. not really supporting that tre, due green deal. so it was not really a big surprise books to a surprise, and for now we see that vessels are leaving, decrease the vessels that have been already loaded and and waiting for inspection you will get in some more, they sent a into, into that the, the, the nuances of the language and re back in all the moscow could just bring you in here that could help you with joining us from russia. as marcia says, was it to be expected? did you expect this scenario to unfold the way it did have the attacks not happened

on the bus to pull up the weekend with the grain shipments have continued or when we. busy or tom push something and do something after this. well the negative results appear so well look, we tried really. busy to, to make do you agree and to make these do separate? so i'm living situation in the, in the blank sheet. but the because, well, the lease agreement was public congress only 50 percent re gave way to be a great day. you're going to go to rent, but i was on the voter stuff. so from the very day are we are

please section 15050 in the in the 50 percent. it was more or less success allowed because after the all ships. ok, let's bring in steve matthews, having you, you can see we don't want to sort of make this too much of a political conversation, steve, it really is about finance. it really is about grain and how we get grain around the world, considering what's going on in ukraine when these sorts of things happen. not only do speculators panic, the markets, panic, the financial markets, panic, the politicians start to panic. why do we start to look at how nervous the market saw all the industry itself when it comes to dealing in the financial commodity that is grain, wheat, and corn flower oil? absolutely. i think that's exactly where it's look the, the price levels of these global commodities. and let's keep in mind these are global commodities. the weak market worldwide for, for export anyway, as,

as well over a 100000000 tons, 160 or so. and so the, the cut back here is very important at the margin, but it's not that big of a hit to the total export trade. the problem is prices go up and therefore when this happens, therefore the people least people least able to pay have the biggest problems as a result. of course, marsh, if i can come back to you in denise pro obviously ships in semester poll were targeted however they were targeted and by whom has yet to be verified, i suppose independently. moscow has a point that it is concerned and it is angry about what has happened. inevitably, it's worried about the ships it says with damaged. though ships are supposed to be the very ships that protect the grain convoys, hence the suspension from the deal. now, the politics aside,

if they are ships that are supposed to be descending, and looking after and accompanying the grain cargo out of the black sea, moscow has a point no, you can easily see that, ah, from the map, if you see various crania and berries to support board and where is the green corridor? because right now you can go on some f, the show in the vessels truck, and you can see that it's far away from there. this is one point at another point, is that inside the agreement there was nothing say the ball, the russian vessels to be defending the green do nothing about it. it was said only that russian aside wants to be among the inspection and they want to be the guy who would be checking the vessels coming and going through the stumble, if there,

if there are the ponds or not because they were saying that ukraine is coming from the bus in old muscles, which is, you know, not sure. ok. let's move way than from the politics ambassador. can i come back to you andre bucklin off in moscow? obviously, since the war began, the special military operation as russia likes to call it, began in ukraine. russia has also been on a charm offensive to those countries in africa, for example, who depend a great deal on grain and, and food security. if you take the grain away or you restrict the grain access, or you, or is russia politically, and diplomatically in danger of harming those relations yourself, have been basset to saudi arabia. it's not a poor country, it's a rich country, but it also depends on grain from russia and from ukraine. well actually as far as the practical sides of the story we've asked no problem,

we are giving access to the grain source to our great, great. and as i turned you, these schemes dealing with the way to gray was. busy growing model, a sector was a very strange gentleman which seems to be kind of us, you know, there was a rep for noise. well, more decisions dealing a really good program in that is to be found. but it's mind shifts that went from black. she was only 3 percent, 3 percent love went to such danbury as somebody if you haven't done the song and the other students,

not the countries but to the western europe. so where is it kind of assuming and are you feeling. busy frustrated on the accomplishment of these do okay, let me begin to steve matthews because it's an issue that has actually been raised a few times suddenly from moscow side, steve, when grain is transported, whether it be from ukraine, rush or anywhere else, there are obviously brokers there of the port has to be then subdivided off, i presume, to then head off into other countries. this accusation being made by moscow. again without being political. how describe move on how to get to the countries like somalia, afghanistan, yemen, where it's needed most. is it transported onto the ships? well, yes, again, it's a global market. so the fact that green maybe went somewhere other than other than where it was immediately needed does not necessarily imply any sort of negative

outcome. namely that if it were sent places that were less efficient, the price would be effected less by that, by that movement. if you, if you understand what i mean. now prices up currently 6.4 percent today for wheat globally. and that is a very significant move that is not a normal daily move of the price of wheat. and that is, that is bad news for people who are depending on, on wheat supplies to get through the winter or to get through the next year or so. the global backdrop is, is tight. we have the tightest stock to use ratio, which is a way that people track this. how much do you have versus how much do you use the tightest ratio of since 2008. and so things like this don't help, let's put it that way. austria was too wet this year during the harvest season. europe had a heat wave, india, how to heat wave. the u. s. has to dry right now for planting. we've got a number of problems in the wheat market, and the last thing we need is for less brain to flow out of the black sea. i can

see you nodding. i'll come back to you in a moment because just want to take a polls and get on a gas and off he was at home an idea of the context of all of this. because in july, i spoke to the un secretary general when he signed that deal on one of our news hours and 10. you could harish believe that russia and ukraine would honor that commitments. of course, that is a method of trust. things need to go well for them to be able to continue, but we will do everything, everything in all capacity to make sure that things go well and we will be there all the time in the inspections in the coordination center together. we turkey the with the objective to guarantee that the parties will abide by what will sign today and sending her speaking to be that in july will have more of him in a moment to mean steeper come back to you because reputation and deals as we've seen can affect financial markets. one, miss spoken word and millions can be lost or gained prices console. how closely in

your opinion, speaking to your colleagues in, in, in this area of the financial markets, are they listening to what keith moscow and especially what the un secretary general is saying, i would say very closely because this is a, this is, this was the material agreement that caused large amounts of grain to move successfully through the black sea where it had not been moving before since since march or february. so as people are trying to decide what to pay for we, they take these statements and, and action on the water into very much into account. let me just bring it under a balcony. we just changed like methodology here. i mr. bucklin of 9000000 tons, as was mentioned in various news, reports by march has been moved so far in the agreement which has to be renewed on november. the 19th. could this actually be a point of bargaining for moscow?

as we lead up to the 19th of november, as you say, there are issues with the agreement that moscow is not happy with what needs to change. do you think for that agreement to be renewed on the 19th of november? well, all you will think that the one point is missing in the overall scheme, which is the point doing. we didn't want to make any mechanism is big at red, stringed mansions and re can. but clearly when we looked at what the real results of it is also very. busy what wasn't just so so i think that if you have that mechanism we must start from weeks a problem. busy establishing

a chart of monitoring. well just to make sure that each day everything is developing in. busy in your mind, as we agreed on either rice damage will not be marsha bella, cough bellicose in denique pro. let's just talk about the renewal of the agreement . we've had for months, nearly 4 months actually of grain movements out of ukraine. unhindered navy will, over, over $9000000.00 tons has moved a small amount in comparison to what there is still in storage. give us an idea of how much grain is still needs to be moved from ukraine at the moment. what sort of problems to the ukranian authorities having tried to get that grain over to the portrait for its movement? well, it's pretty hard to manage whole launch. ah, just a lot. because we to now we were just moving the stocks mostly.

and from this 9000000 tons of grains and, and also oils as well. part of that is just from the old stock, but the have a new club and only 4 beat. we have 19000000 tons of wheat, new cup. and from that number around 1112000000 tons that can be exported for corn. be half be having a summation of 2627000000 tons for now. and 20000000 tons of that is what can be exported. they also have around $2000000.00 tons for body that also half of those fancies. i don't really have the number right now in my head, but it's also human on tones. so me, thanks a lot. thanks. thanks. hi, they're not. they the stakes, the height, the ukraine. yes,

the stocks are high for ukraine. yes. the tried and even the deal, but not be continued. of course we still have song ways how we can move. that's great all ukraine. but the capacity is just like, you know, much lower, but you can make some tonight to, to help me. i don't want to take the high, not any for producers, but also politically. that's just and bringing more of what the un secretary general antenna guitar said to me about the great deal back in july. it is obvious that there is nervousness that is like a thrust. but this is not the 1st expedients we have will ukrainians and draw from the relation to the when mediation. we had the, if you remember, and it was also agree in the, in the same context of my visits to present, put in a present the landscape, evacuation of the civilians from us, of salt for months. people said it was impossible for months. all the, all kinds of the attempts the failed. but when there was an operation with

a clear coordination with un, at the time the i c r c, the international can, we can cross the russians on the ukrainians. it's happens and it's happened successfully. and the, the commitments are respected and i have no reason to doubt that today we the same kinds of attitudes we can do these. this is of course measure that she month, i would say it's. and then through the agreements and the for me, a secretary that i could notions, i have no doubt to tell you. this was the most important thing i have contributed to during my tenure, the secretary is unprecedented times and a reputation on the line. certainly for the un secretary general antonia garish. mister backed up in moscow. the actual secretary general has delayed his trip for very important arab league meeting in algiers to oversee discussions with what is described by his spokesmen as

a senior at the highest levels. i wondered who with the highest levels these he speaking to president putin, all the foreign minister. laugh ralph, what's your impression of who he is talking to? well, actually what we discussed this problem stuff bad information about the portal. what is the patient of the president? what is the minister for us and our major specialist, specialist on grand problems and international grant programs. and conclusion, that was the last of the the beat but to the efficiency of the secretary general himself as a person our fish. and since we were looking for the fall, we have expected so honestly speaking,

read down in the base to come. these can be amended and you and we'll play it shoots in real jobs. ok. let's bring in. steve massey's are in new york. obviously the 19th of november is an important date, steve, in terms of the markets and in terms of analysts, what are you looking to, hey, i mean, we talked about this just a beginning of the program, but obviously the, the un secretary general has a very small window of opportunity to make things move again and to keep both sides happy. i don't entirely agree with the idea that there's a small window at any time. the sides can agree to allow this green to move again. and of course, it's important for a global gray markets that, that happen. as i've, as i said before, the, the global grain market is very tight. situation, little bit of historical background, the post soviet brain,

the growth in the agricultural industry and in the post soviet territories has been nothing short of a miracle since 19909192 the growing populations of north africa and the middle east. have come to depend on that, that flow of grain through the black sea, through the boss for us, and across the mediterranean, and any interruption to that is basically reversing 30 years of development. so it's something to keep in mind when we're looking at the idea that this is something that can be blocked and unblocked almost at will when the parties decide to, to agree or not agree. so is that traders will be watching very closely to see what happens on november 19th. that's for sure. but simply because something doesn't happen or does happen on the 19th, doesn't mean it can't happen later or earlier. mr. both i just come back to you. you have a good relationship with saudi arabia, with a former ambassador to the country. and i just want to bring in a report that was published in february of this year where the saudi arabian states

grain buyer sago, are the initial for it said that it agreed to import 355000 tons of grain from it. saudi owned farms in ukraine. obviously, countries indirectly are affected by what's going on in ukraine. and you have very close relationships as a country while you're not a diplomat right now, sir, does not put a strain on riyadh and moscow relationships as this scenario unfolds. as the war continues in ukraine, well actually we discussed in details and frankly, so. busy problem, she's our, our so, so the friends you can in the grand in problem, you know, due to understanding the current progress about the next little bit. this is a reason because your wish roll objectively is limited to say less than one

percent of the export. busy on the, on the rules where. busy as far as well we already know to get 3 off just additionally to the companies cost tons charge and we also. busy are giving free of charge. ready of all fertilizers, but what there's, this is really easy to understand what it is and john black. well, and i laid the, the. busy limitations on. busy experts or sections for a practice of us, which is number one, number one is like everything, you'll be much easier to deal with the gloating so it will give more opportunity

just to okay, well we'll see what does that mean for sure? we have lots of time, i think the conversation will have to have again in the days ahead and i'm sure we will hear on the inside story, but i would like to thank all of my guest, sundry bucklin of steve matthews, and marcia bella cova for joining us on this edition, and thank you to for watching. you can see the program again anytime by visiting a web site that i was there, a dot com. and the further discussion go to our facebook page at facebook dot com forward slash ha. inside storing. you can also join the conversation on twitter and there where at ha, inside story, for me, the whole rather than the whole team here in the hall. thanks so much for your time . and your company. i ah.

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