Economist Podcasts

With a grain assault: a deal abandoned

6 snips
Jul 27, 2023
Edward Carr, Deputy Editor of The Economist, dives into the fallout from Russia's withdrawal from the Black Sea grain deal and its implications for global food security. David Rennie, Beijing Bureau Chief, unravels the mystery behind China's ex-foreign minister and the political secrecy surrounding his abrupt disappearance. Catherine Nixie, a Britain Correspondent, critiques the newly softened approach to literary criticism, revealing how gentle reviews may be failing readers who crave honest critique. Tune in for a thought-provoking discussion!
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INSIGHT

Putin's Disingenuous Claims

  • Putin claims the grain deal only benefited Western companies and didn't reach developing countries.
  • However, there are no sanctions on Russian food exports, and global wheat prices decreased due to the deal.
INSIGHT

Impact on Ukraine's Economy

  • Crippling Ukraine's economy through halting grain exports is a tactic to undermine its image as a thriving democracy.
  • Ukraine relies heavily on food exports, especially through its Black Sea ports.
INSIGHT

Putin's Power Play

  • Putin's withdrawal from the grain deal is seen as a show of strength after the Wagner mutiny.
  • It aims to demonstrate resolve despite potential internal pressures.
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