continues across the continent. music. and finland s prime ministerfaces a backlash after a leaked video shows her dancing and singing at a party with celebrity friends. she says she did nothing illegal. we start with the war in ukraine. the leaders of ukraine, turkey and the un have been holding talks in the ukrainian city of lviv. one the agenda the situation at a nuclear power plant in the south of the country. it s here in the city of zaporizhia. and it s occupied by russian forces. kyiv has called for the plant to be demilitarised this is the ukrainian president. the nuclear security is a clear priority for everyone in the world, so russians should immediately and unconditionally withdraw its forces from the territory of the nuclear power plant, as well as stop any provocations and showings. it is unacceptable that russia is intentionally bringing us on the verge of a catastrophe in a global scale. the nuclear black man on the part of russia is a decisive argument
in a move that could push the country closer to default. the treasury department said it would end a waiver that had allowed us bondholders to accept payments. russia has almost $2 billion worth of payments on its international bonds that will be due up to the end of the year. joining me now is patrick reid, co founder of the adamis principle. i guess the place to start with this is how close it will bring russia to default in common what would happen if it does? thank you for having me on. it isjust another nail thank you for having me on. it is just another nail in the russian economy, and we cannot underestimate the consequences and dangers of a default. it is not quite like 1998, but it is not quite like 1998, but it is not very good for russia long term. now, a ten year yield on a russian bond will get you about 10% right now. that is not enough. russia s central bank raised interest rates to 20%. they are now currently 1a. that is not going to be enough either. essentia
The artists, the Record Labels, or the tech giants . Im going to be discussing all of that with these two the head of the organisation working to protect the rights of recording artists, and the big boss of the swedish Entertainment Company behind the virtual show, abba voyage. Also on the show the Healthy Business generating healthier profits. The boss of the global supplement company, h h group, dispenses his wisdom on why our appetite for vitamins is growing. Wherever yourejoining me from around the world, once again, a big hello and a warm welcome to the show. You know, its been called musics second digital wave. The first saw the move from records and cds to downloads and streaming, with the rise of the streaming giants like spotify, amazon and apple. Now advanced tech, such as Artificial Intelligence, Virtual Reality and avatars, are fueling new opportunities to boost profits with everything from virtual concerts to songs written by robots. This time, though, its not the artist a
To society. it will be fascinating i to see how this plays out, good to get your thoughts. thank you very much. just time to bring you a couple of other stories, the un secretary general says that exports of ukrainian grain and otherfood from the black sea ports from the agreement have fallen sharply, two thirds down between october and may. it gives the right to inspect ships before they dock. inspections have slowed, the actual process needs to speed up. russia said that the deal was not being properly implemented and that there were no grounds for. ma on those stories on the business pages on the bbc website. if you want to get in touch, i am on twitter. more from us and the team throughout the day. see you soon.