Free Republic 2nd Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $54,773
67%  
Woo hoo!! And we're now over 67%!! Thank you all very much!! God bless.

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  • Potato price surge fuels inflation pain for Russia's poorest

    06/10/2025 5:34:09 AM PDT · by marcusmaximus · 28 replies
    Reuters Yahoo Finance ^ | 6/10/2025 | Gleb Bryansk and Evgeniy Matveev
    At a farm near Moscow, newly arrived guest workers from India are planting potatoes and cabbages - work closely monitored by central bank analysts as they prepare for board meetings to set interest rates. While in developed economies such as the United States food accounts for about 14% of the basket used to calculate inflation, in Russia it makes up a hefty 40% or so, and surging prices for potatoes and other staples have been a major reason for its tight monetary policy. The central bank trimmed its benchmark rate to 20% on June 6 but even that is around...