Putin's Food Import Ban Is Having High-Price Consequences
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Shared by Presentationally
on Sep 13, 2016
in Government
Russia banned Western food imports on August 7 in retaliation for sanctions over the conflict in Ukraine. However, it appears to be doing far more harm than good - food price increases have started gathering momentum, making life especially...
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Russia banned Western food imports on August 7 in retaliation for sanctions over the conflict in Ukraine. However, it appears to be doing far more harm than good - food price increases have started gathering momentum, making life especially difficult for ordinary Russians. St. Petersburg's economic policy chief said that food prices have now risen 10 percent since the start of the year.