Posted on 11/02/2024 10:25:38 AM PDT by marcusmaximus
Russia is importing butter from the United Arab Emirates (UAE) and Turkiye, in response to soaring butter prices, which have been attributed to rising demand for ice cream and cheese.
The agricultural watchdog Rosselkhoznadzor announced that deliveries from the UAE began on October 18, marking the first shipments of butter from that country to Russia.
Higher production costs, coupled with increased consumer interest in ice cream and cheese, have significantly impacted butter prices, according to dairy producers.
Artyom Belov, chief of the national dairy producer association Soyuzmoloko, told a local news outlet that these product segments are major factors contributing to tensions in the butter and cream market. "Ice cream and cheese are some of the reasons why the butter and cream market is experiencing tensions," he said, emphasising the growing demand.
Butter prices have surged by 25.7% since December, far exceeding the overall inflation rate of 8.6%.
This increase has led to incidents of butter theft in supermarkets, prompting retailers to lock products in plastic containers to prevent shoplifting.
(Excerpt) Read more at tribune.com.pk ...
The United States experienced inflation during World War II, but federal efforts to control it were somewhat successful:
Consumer price index: From 1939 to 1943, the consumer price index increased by about 24%, but only 4% from 1943 to 1945.
Annual inflation rate: From April 1942 to June 1946, the annual inflation rate was 3.5%.
So you could say that Russia today is more capitalist than USA was during WWII (even though they have enormous problems with corruption).
Shakhtarske Has Fallen | How Russia Defeated Rasputitsa | 33SQKM Russian Advances
Shakhtarske Has Fallen | How Russia Defeated Rasputitsa | 33SQKM Russian Advances
The Russians can afford to do that because that kind of interest rate doesn't trillion to their national debt.
We can't even get inflation by raising and keeping interest rates high because it adds so much to our pathetic national debt.
The Russian economy was supposed to be brought to its knees by sanctions but the Russian GDP is better than ours or any majority EU country.
The name of the country in English is “Turkey.”
Sounds like a farming opportunity in Russia? Maybe they could restore their half of Ukraine to its breadbasket status, but this time raise chickens and cows.
You communists are on the verge of total victory! Glory to Kazan!
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