RUSSIA GRAIN CRISIS WILL INFLATE PRICES
August 1st, 2010
BY MIRIAM ELDER
RUSSIAN commodity experts have told just-food they expect grain prices to rise significantly within Russia, despite the announcement by Prime Minister Vladimir Putin that all exports of grain from the country would be halted from August 15 to contain domestic prices. The ban is due to last until the end of the year, On August 5, Prime Minister Vladimir Putin announced Russia would halt all exports of grain from August 15, in a bid to contain domestic prices. The ban was initially due to last until the end of the year, but Putin today (Monday) ...
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