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-   -   Putin Orders Ban On All Food Imports From Sanctioning Countries EU,US Canada etc.. (https://gfy.com/showthread.php?t=1147134)

Big Voo 08-14-2014 03:25 PM

Quote:

Originally Posted by Pyewacket (Post 20191623)
Living in Finland, I see and hear a lot about this on a daily basis. Russia gets a tremendous amount of food from its neighbors and western countries. It's not just Polish apples. Finland also sells a lot of dairy products to Russia, enough so that they will be closing several processing plants here and laying off about 800 workers. (That doesn't sound like many in the US, but Finland only has about 5½ million people - or about 1/3 the size of Los Angeles County.) The Russians are not only blocking food exports, but they are also confiscating food being brought back in if they think it is more than reasonable consumption. No more crossing the border to stock up! Putin and the other politicos won't suffer -- they will still get all the Western foods they have come to know and love. It's the common folk who will not be able to afford to buy basic food - if they can find it. It will take time for Russia to get their act together. Putin also did this at the end of the growing season, which means a lot of crops can't be planted until spring. I don't know of too many successful governments that have let their people go hungry. As tense as it is here in Finland, it is a far sight better than Russia.

Please don't worry dude! :winkwink:

Russia has enough food without Suomi...

Cherry7 08-14-2014 03:43 PM

Quote:

Originally Posted by Mutt (Post 20185479)
I hope the Russian people wake up and realize they are being led down a very bad path by a little dictator and find a way to get rid of him.

We don't allow dictators here, every 4 years, 5 years in Canada max, we can boot the leader out - in the US a president can only hold the office 8 years max.

That's so sweet. I really didn't believe people still believed nonsense they were told in primary school.

The people in power throwing out the political ruling class every 4 years. Amazing.

eipstudios 08-17-2014 07:20 AM

http://www.sptimes.ru/archive/img/18...08_16_Jack.jpg

Russian Inspectors Find 'Chemicals' in Jack Daniel's Whisky

While the powerful after effects of Jack Daniel's whisky are known to many, for officials in Russia's mountainous Sverdlovsk region, there is something more sinister than alcohol lurking in the honey-colored brew.

A regional branch of Russia's state food safety watchdog found "chemical substances not common to whiskey" in Jack Daniel's Tennessee Honey Liqueur, an agency spokesperson told the ITAR-Tass news agency late last week.

The agency also had issue with the honey-flavored drink's more common sibling, Jack Daniel's Tennessee Whiskey. Under Russian law, alcohol packaging should include a list of ingredients written in Russian, the location where it was brewed, and the length of the distilling process ? all of which Jack Daniel's lacks, the spokeswoman said.

Responding to suspicions that the whiskey in question may have been fake ? state statistics indicate 9.9 million liters of fake whiskey may have been sold in Russia in 2013 ? a spokesman for the region's customs service defended the results.

"According to our information, the alcohol products on the Sverdlovsk region market are original," the spokesman said, adding that no imports of counterfeit U.S. alcohol to the region have been recorded for at least a year and a half.

The regional authorities are continuing their inspection and plan to confiscate the Jack Daniel's whisky currently in circulation, the food safety watchdog's spokeswoman said.

Earlier this month, imports of Kentucky Gentleman bourbon, another popular U.S. alcohol brand, were suspended by Russia's consumer protection watchdog. The agency said that it had discovered phthalates ? organic chemicals ? in the bourbon.

The food safety and consumer protection agencies, both known as pliable instruments of Russian foreign policy, also launched investigations of popular U.S. fast food chain McDonald's in July.

eipstudios 08-17-2014 07:40 AM

Sanctioned Development Bank Sees Profits Tumble 70 Percent

The net profit of sanctioned state development bank Vneshekonombank, or VEB, fell 70 percent in the first half of this year against 2013 levels, according to the bank's second-quarter report.

VEB's net profits fell to about 3 billion rubles ($83 million) in the first half of this year, compared to nearly 10 billion rubles ($278 million) in 2013.

The drop was linked to a 12.3 billion rubles ($342 million) loss from foreign currency operations and the revaluation of foreign currencies, according to the report.

VEB was struck by both United States and Europe Union sanctions in July as the West sought to pressure Russia into ceasing support of separatist rebels in eastern Ukraine. The measures effectively barred VEB from buying or selling equity or debt with a maturity period of longer than 90 days on Western capital markets.

The bank at the time said the sanctions would not have a significant impact on its operations.

Some economists argued that striking VEB would create a financial ripple effect, ultimately damaging far-flung corners of the Russian economy. Although often classified as a development bank, VEB is in effect a state corporation that funds infrastructure projects and supports Russian industry and small business.

In targeting VEB, the sanctions struck close to the top of Russia's chain of command: Prime Minister Dmitry Medvedev himself is chairman of VEB's supervisory board, whose other members include Russia's finance minister and economic development minister.

The apparent losses this year may also be the natural consequence of a strong first half in 2013, when, according to the report, the bank profited from "the revaluation of financial instruments and revenues from the sale of securities."


Finnish Shipyard Hit by Sanctions on Russia as European Bank Closes Accounts

In an instance of Western sanctions striking closer to home, European lender Nordea Bank is closing the bank accounts of a Finnish shipyard after a major Russian shipbuilder that owns part of the company was blacklisted by the U.S., a Finnish news outlet reported.

Finland's Arctech Helsinki Shipyard is part owned by Russia's state-owned United Shipbuilding Corporation, or USC, which was blacklisted by the U.S. last month when the West stepped up its sanctions against Moscow over Russia's support for separatist rebels in war-torn eastern Ukraine.

"Nordea is an international bank with offices in the U.S., as such it must comply with U.S. sanctions," the bank told Yle news.

Arctech is also partially owned by Korean shipyard holding company STX.

Yle said that Esko Mustamyaki, the head of Arctech confirmed that their Nordea accounts had been closed, and said they do not expect this to impact the firm's orders, which include civilian icebreakers for use in the Arctic.

pornmasta 08-17-2014 07:46 AM

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Barry-xlovecam 08-17-2014 09:40 AM

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