The majority of Russians have noticed an increase in the prices of fruit, vegetables and meat, according to a survey reported by state news agency Itar-Tass. All three commodities are affected by the Kremlin’s import ban on EU and U.S. goods.
The import ban was introduced in 2014, in response to U.S.-led economic action at the start of the conflict in Ukraine, punishing Russian businesses and individuals perceived to be close to Russian President Vladimir Putin. The Russian government’s line on trade sanctions and counter-sanctions has fluctuated between viewing them as harmful and the opposite, with the government suggesting that …read more
Source: Newsweek
