A Guardian investigation has revealed alleged widespread hygiene failings in Britain's poultry industry, prompting three major UK supermarkets to launch emergency inquiries into their chicken suppliers.
If the standoff with Russia and the West reaches a point where the EU has to completely cut trade with Russia, oil prices could soar above $200 per barrel, sparking a global economic crisis, says Adam Slater, senior economist at Oxford Economics.
The EU Council did not agree to new Russian sanctions on Tuesday. However, EU foreign policy chief Catherine Ashton said an extended ‘black list’ will be published on Thursday. It will include the energy, and defense sectors, and financial markets.
The 6th BRICS summit in Fortaleza, Brazil, has highlighted the increasing role of emerging countries in international affairs and their ability to share strategic interests and approaches while reaching for their development goals.
Stalled progress towards EU membership has shifted Turkey’s economic interest, and it is now looking for closer cooperation with Russia’s Customs Union, Economic Development Minister Aleksey Ulyukayev said.
Ukraine should be ready for a complete break in trade relations with Russia, as it’s impossible to just stand by when Western countries impose sanctions against Russia, Ukrainian Prime Minister Arseniy Yatsenyuk said on Friday
We are not going to see much action from the EU; they will try to get away with least as possible without really upsetting the White House, Richard Wellings, Deputy Editorial Director at the Institute of Economic Affairs, told RT.
Australia wants Western countries to continue cooperating with Russia within the G20 framework, Prime Minister Tony Abbott said on the sidelines of the B20 summit, after the US and EU agreed new sanctions on Russia.