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Anyhow it looks like sanctions have provided cover for the Russian people to accept increase prices for the survival/nurture of local produce.
And Medvedev is telling his country men not to expect a change in sanctions any time soon. I believe that Medvedev who in the past had been pushing for self reliance and diversification of the economy might not be in a hurry for the lifting of sanctions. Sanctions also forced some of the Oligarchs to invest heavily in Russia since their wealth is vulnerable outside. There is rush on for agricultural lands and the good part is the aim is for healthy products--GMO is banned. |
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It is huge--from Kaliningrad to Valdivostok--about half the circle of the globe and Sanctions have reawaken the possibility of it self sufficiency. |
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Aim: Agriculture food sufficiency by the 2020.
Great results so far. http://www.williamengdahl.com/englishNEO15June2016.php |
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Under Trump and his cronies we're in for it too, I fear. |
Trumplethinskin may have done me a favour, the pipeline EO seems to have sent the $CDN higher, like getting a raise in my pension.
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