Russian President Putin has no intention of bowing to Western (sanctions imposed on Russia) over the crisis in Ukraine. Russia will instead strike back at the West.
Russia announced that it had banned imports of meat, fish, and milk products and fruit and vegetables from the United States, the European Union, Australia, Canada and Norway.
Russia is considering banning Western commercial planes from flying over Russia on flights to and from Asia. A move that would significantly swell costs and increase flight times.
Russia said “it will move quickly to replace Western imports by importing more food from Latin America, Turkey and ex-Soviet nations to avoid empty shelves and price hikes.
Food and agricultural imports from the U.S. amounted to $1.3 billion last year, according to the U.S. Department of Agriculture, and in 2013 the EU’s agricultural exports to Russia totaled $15.8 billion dollars.
Russia may also introduce restrictions regarding imports of planes, navy vessels and cars.
Will Russia’s actions push US, UK and Europe back into recession ?
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Why is common sense so uncommon?
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