to turn it into ross currently on blocking stakes in the cash rich miner the u.k.' warning that russia's drought could cause a double digit rise in food prices before christmas russia is a major food exporter but record temperatures this summer are expected to hold exports are also fears the government could start an export to protect the mystic supply some experts say the inflation on groups like wheat and meat is scary and could push the country into another recession according to give president of the russian grain union believes however exports will not suffer much on the current conditions and says there's hope so iberian crops will help improve the total output so. the most pessimistic export forecast is eleven million tonnes no one has a more pessimistic outlook but we think that exports will be in the region of fourteen to fifteen million tonnes however it will depend on the level of reserves we have we estimate the total output levels to be around seventy five to seventy six million times on average the european region of russia has already lost all of cam

currently and blocking states in the cash rich miner cliches who's worked up a time in more than a decade well overseas strategy and acquisitions. that's a global stock markets now stocks across asia climbed early on tuesday off the wall street opened with with a strong rally on positive indicators from around the globe japan's second largest automaker. both cloned two and a half percent off the boosting for costs the nikkei is trading in the black up point seven seven percent and hong kong's hang seng is also up top percent this hour. here moscow post forces finished monday's session more than two percent in the black energy majors were among the main gainers as the price of light street eighty dollars a barrel gazprom and rosneft closed up three percent on the r.t.s. . chinese comic julie has completed its purchase of swedish manufacturer volvo from forward the deal which was announced earlier this year is to make it to be worth one point eight billion dollars the chinese company also announced a new board which comes effective with sixty. unemployment in russia dropped twenty one perce

currently own blocking stakes in the cash rich miner cliches who's worked up attendance into more than a decade well overseas strategy because asians. let's check out the stock markets now stocks across asia climbed early on tuesday off the wall street opened with a strong rally on positive indicators from around the globe japan's nikkei is up over one percent and hong kong's hang same is also trading in the black this hour. finished monday's session more than two percent in the black and energy majors were among the main gainers as the price of light sweet eighty dollars a barrel gazprom closed up three percent on the r.t.s. . meanwhile unemployment in russia dropped twenty one percent in the first five months of this year become true statistics bureau that says the job means the country has now reached pre-crisis levels. chinese comic again has completed its purchase of swedish manufacturer a volvo from for the deal which was announced earlier this year is estimated to be worth one point. billion dollars the chinese company also announced a new board which will become effective by. n

leadership their path goes rafat and paternity into roth her own blocking stake in the culture rich minerus who has worked at talent into ross for more than a decade what oversee strategy in a position. where prices in russia may rise to three hundred dollars per tonne as the drought has devastated fields and farmers delay sales according to group the country's third biggest grain trader prices surged nineteen percent last week climbing fifty cents a day but the head of the russian grain union believes the prices are overheated. only four fundamental factors do not support current grain prices last week we reached two hundred forty dollars per tonne but this price is quite groundless according to the latest forecast of the global grain council green reserves will reach one hundred ninety two million tonnes this year compared to last year's record volume of one hundred ninety seven million tonnes is that really such a big difference if the decrease is just five million tonnes but the average price has jumped from one hundred eighty dollars to two hundred forty. b.p. has denied reports it m

rich from well three billion. and roussel is also heavily involved in the shareholder dispute for control of russia's biggest mine minerals chemical but about putin is in the city of new to see the town and to all the plant he's met with the two main shareholders in the company chief i did i am pleased to meet bhutan in the head over intervals the two billionaires each owned twenty five percent of minerals and want to buy the other out motion has noted that the conflict is damaging the company and a solution is urgently needed it but the government insists it will not force the issue as long as continues to operate successfully. the dispute appears to boil down to a difference of opinion about how normal cyclical should be run and who should benefit the company's chief executive david crystal cool ski describes the problem as he says it. conflict is due to a difference in interests one side wants a gradual development of the company to improve environmental and social conditions while the other one wants to take everything there isn't a company and even more i'm against taking the money out this may benefit shareholders r