Russia considering ban on food imports
Published: 07 December, 2009, 08:57
Edited: 07 December, 2009, 16:33
Russia’s National Security Council is considering a ban on food imports to stimulate domestic production.
breakingnews
Gold has continued its recent price surge, with renewed interest by Central banks adding to the continued weakness of the U.S. dollar combining to push the oldest store of wealth to a series of new all time highs.
The world’s largest nuclear power firm says it's had no trouble placing a billion dollar plus bond issue, despite investor caution, saying that Russian state ownership gives it stability that many rivals lack.
Russian hydroelectricity generator, RusHydro, has posted a 1H 2009 Net profit of 17.85 billion Roubles under IFRS.
10.06.2010, 13:20
2 comments
The Russian Finance Ministry is proposing new taxes on cigarettes and vodka with some analysts fearing that it could lead to a significant increase in counterfeit goods.
Russian drugmaker, Pharmstandard, has posted a FY 2008 Net Profit of 3.5 billion Roubles under IFRS.
Food prices in Russia are growing three times faster than in the rest of Europe, driven by the high level of food imports and a weakening Rouble.
Wimm-Bill-Dann, a leading Russian producer of dairy foods, baby foods, and non alcoholic drinks, has posted a FY 2008 Net profit of $101.7 million under U.S. GAAP.
Russian meat producer, Cherkizovo group, has announced plans to expand its poultry output by 40% by 2012.
05.03.2010, 10:48
1 comment
This week has seen a new trade law come into force. It regulates retailers and suppliers in an attempt to make their relationship more transparent and prices lower. Insiders say the effect may be the opposite.
13.10.2010, 22:42
2 comments
The State Statistics Service has come up with an inventive way to improve Russia’s economical performance: by stretching the GDP with illegal revenues.
Published: 07 December, 2009, 08:57
Edited: 07 December, 2009, 16:33
Russia’s National Security Council is considering a ban on food imports to stimulate domestic production.
Getting rid of GMO's would be a start! Take Heinz Ketchup with their fake tomato ketchup off our shelves. MacDonald's needs to go too with all their mutating lard filled nasties that increases the belt sizes in its wake. Agriculture needs to be streamlined. We have land and good working people. There is no need to have a chicken from USA or Brazil, no offense to these countries, when there are plenty of chickens in Russia to be placed on the dinner table. Everything just needs modernization from infrastructure, transport, and the agriculture business as a whole. They shouldn't cut corners like sell milk for money then play games like dropping 1 liter to 900 ml all just to cheat the consumer out of some extra money. I believe we as Russians can do better and be a leading producer in agriculture. The food from my summer home is the most tasty and all produce should match its quality and freshness so all may enjoy. Set Goals and work towards achieving them.