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Russia Bans All US Food Imports in Response to Sanctions
Fox News via Reuters ^ | 8-06-2014

Posted on 08/06/2014 9:39:44 PM PDT by GeronL

http://nation.foxnews.com/2014/08/06/russia-bans-all-us-food-imports-response-sanctions

Russia will ban all imports of food from the United States and all fruit and vegetables from Europe, the state news agency reported on Wednesday, a sweeping response to Western sanctions imposed over its support for rebels in Ukraine.

The measures will hit consumers at home who rely on cheap imports, and on farmers in the West for whom Russia is a big market. Moscow is by far the biggest buyer of European fruit and vegetables and the second biggest importer of U.S. poultry.

(Excerpt) Read more at nation.foxnews.com ...


TOPICS: Business/Economy; Front Page News; Russia
KEYWORDS:
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To: GeronL

Vodka?


21 posted on 08/06/2014 10:21:35 PM PDT by faithhopecharity ((Brilliant, Profound Tag Line Goes Here, just as soon as I can think of one..))
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To: faithhopecharity

No thank you


22 posted on 08/06/2014 10:21:53 PM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: GeronL

We must not have much food to sell.

I do the grocery shopping....you seen the prices and small packages lately?

Probably do us some good....lol


23 posted on 08/06/2014 10:23:27 PM PDT by Cold Heat (Have you reached your breaking point yet? If not now....then when?)
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To: GeronL

I notice that Putin has not threatened to forbid his people from engaging in international identity theft and computer fraud. His gangster friends are still open for business.


24 posted on 08/06/2014 10:25:38 PM PDT by Tau Food (Never give a sword to a man who can't dance.)
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To: GeronL

~If this were really about Ukraine, maybe they should have aided Ukraine instead of starting a trade war with Russia, which does not help Ukraine.~

Top 10 Ukraine Exports to Russia

Ukraine’s exports to Russia amounted to
$15.1 billion or 23.8% of its overall exports.

1. Machines, engines, pumps: $2.2 billion
2. Iron and steel: $2.2 billion
3. Railway, tram equipment: $1.7 billion
4. Electronic equipment: $1.1 billion
5. Inorganic chemicals: $908.9 million
6. Iron or steel products: $843.8 million
7. Paper: $769.8 million
8. Salt, sulphur, stone, cement: $473.5 million
9. Plastics: $391.3 million
10. Dairy, eggs, honey: $381.9 million

That is a chart showing why Ukraine is screwed and there is no chance for recovery, based on a “European choice”.

24% of their total exports are selling in Russia. About 95% of high added value products are part of it’s 24%.

Without Russian exports it is a banana republic, without bananas.


25 posted on 08/06/2014 10:27:45 PM PDT by wetphoenix
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To: GeronL
but what are we buying from Russia? $27 Billion in 2013

Blondes...

26 posted on 08/06/2014 10:48:24 PM PDT by OrangeHoof (Every time you say no to a liberal, you make the Baby Barack cry.)
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To: wetphoenix

Generally, yes.

In addition to Ukraine being screwed, let’s note those lists above are from a time when oil was about 15% less expensive. So US imports from Russia (oil) was pricier, until it will be scaled back.

Bottom line: It’s pretty hard to hurt a country that can export crude. There will always be a buyer.


27 posted on 08/06/2014 10:50:19 PM PDT by Owen
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To: Owen

~Generally, yes.

In addition to Ukraine being screwed, let’s note those lists above are from a time when oil was about 15% less expensive. So US imports from Russia (oil) was pricier, until it will be scaled back.

Bottom line: It’s pretty hard to hurt a country that can export crude. There will always be a buyer.~

All true, but getting back to Ukraine it is now clear that no sane politician could ever push for a “European choice” unless he is a paid agent.
The resulting economic disaster was so obvious and leaders now are busy to escalate every possible crisis to make populace busy.
Anti-Russian Ukraine makes about as much sense as pro-Soviet, anti-American Cuba.
It won’t perform any better, both politically and economically.


28 posted on 08/06/2014 11:04:00 PM PDT by wetphoenix
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To: GeronL

they’re making a big mistake.............


29 posted on 08/06/2014 11:36:23 PM PDT by yldstrk ( My heroes have always been cowboys)
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To: Owen
It’s pretty hard to hurt a country that can export crude. There will always be a buyer.

Yes, a buyer but at what price? An article last week said that Russian oil production break even was $101.70/bbl. Today's price on the world market was less than $98.00/bbl. What they lose in price they make up for in volume? Is that the way it works?

30 posted on 08/07/2014 12:02:48 AM PDT by TexasRedeye (Eschew Obfuscation)
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To: GeronL


Kazakhstan is ready to pick up the slack!
31 posted on 08/07/2014 12:19:15 AM PDT by struwwelpeter
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To: wetphoenix

That’s some of the same categories of stuff the US buys from Russia


32 posted on 08/07/2014 12:52:10 AM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: Cold Heat

That might be true!


33 posted on 08/07/2014 12:52:40 AM PDT by GeronL (Vote for Conservatives not for Republicans)
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To: GeronL

Note to Pootie Poo.....cutting off ones nose to spite ones face really doesn’t work. Enjoy your cabbage and vodka, hope you weren’t too attached to eating beef, fish, fruit, etc. What’s next, banning the dollar and euro? How’d that work out for your predecessors?


34 posted on 08/07/2014 2:52:21 AM PDT by AnAmericanInEngland
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To: tet68

I agree...I’m running a shelf-life test on a package of those, where I stow a few “other” things for future contingencies...;-)

Who knows, in 25 years, those suckers might still be edible...Of course I’ll let my wife taste test them first!!!

I am not “Ehhh-stoopider than Jupiter!!!”


35 posted on 08/07/2014 3:37:47 AM PDT by stevie_d_64 (I will settle for a "perfectly good, gently used" kidney...Apply within...)
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To: wetphoenix; All

I wonder where the “Precious/Rare” earth metals and minerals fall on this list...

That is big time $$$

Just another thing to think about...


36 posted on 08/07/2014 3:40:01 AM PDT by stevie_d_64 (I will settle for a "perfectly good, gently used" kidney...Apply within...)
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To: stevie_d_64

Probably not big $$$ enough to make it into a top 10 list.


37 posted on 08/07/2014 3:47:38 AM PDT by wetphoenix
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To: struwwelpeter

Yes, in Kazakhstan they eat horses. They even have a beer made out of fermented horse milk.


38 posted on 08/07/2014 3:48:56 AM PDT by wetphoenix
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To: wetphoenix

I agree...But it is a significant factor when some of our defense systems require some of those materials...Right???

Something the media and other talking heads do not want to bore the public with...


39 posted on 08/07/2014 3:58:21 AM PDT by stevie_d_64 (I will settle for a "perfectly good, gently used" kidney...Apply within...)
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To: stevie_d_64

Well, Russia is certainly not a single source of rare elements, not to mention these are mostly comes within electronic components and these are Chinese-made most of the time.


40 posted on 08/07/2014 4:05:24 AM PDT by wetphoenix
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