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Russian president Vladimir Putin says the agreement to allow Ukrainian grain exports on the Black Sea will be revived when his demands on exporting Russian products are met. We look into the impact this is having on Ukraine's economy.

Members of the Association of Southeast Asian Nations (ASEAN) are holding their biannual meeting in Indonesia. We hear about the topics they will discuss and why US president Joe Biden's absence is under scrutiny.

Rahul Tandon discusses this and more business news with two guests on opposite sides of the world: University of Maryland School of Business professor Peter Morici in the US and ABC's presenter Sinead Mangan in Australia.

(Picture: Russian President Putin and Turkey's President Erdogan meet in Sochi, Russia. Picture credit: SPUTNIK/KREMLIN POOL/EPA-EFE/REX/Shutterstock.)