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Latest Finance News related to Food Import

Should Zambia ban food imports? image
Source : BBC [Read Article] Friday 14th of April 2017 10:53:17 AM
'I don't want to see tariffs on EU raw food imports' image
Source : BBC [Read Article] Friday 14th of April 2017 10:53:17 AM
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‘We will be forced to close’: Polish and Czech food stores post-Brexit image
....”. According to Harry Smit, a senior analyst at international financial services provider Rabobank, the price of food imported from the EU is likely to rise by up to 8% after Brexit. ...
Price of imported fruit and vegetables 'will rise by up to 8% after Brexit' image
....Fruit and vegetables, flowers and olive oil will all become more expensive once the UK leaves the EU, no matter what trade deal is struck, City analysts have calculated. The price of food imported from the EU is likely to rise by up to 8% by the end of any transitional period as Britain is forced to impose extra border controls, making it more difficult to bring in foods that we cannot produce ourselves. ...
UK service sector recovers after Brexit dip but inflation looms image
Source : Guardian [Read Article] Tuesday 6th of December 2016 06:01:04 AM
....“Though there is little visible evidence of households yet being forced to decide between filling up the car or eating out with friends, the narrowing gap between essential and non-essential spend growth means they may need to look more carefully at how they allocate their cash once Christmas is out of the way,” said Lockstone. The pound’s sharp fall since the Brexit vote has raised the cost of imports to the UK and services companies were also feeling the pressure of higher fuel prices last month as well as more expensive food imports and pricier business travel. ...
The Marmite row is the first sign of the true cost of Brexit for food producers image
....Except the Unilever story has managed to obscure the reality, which is this: when it comes to food, Brexit has utterly screwed us all. I ran into a friend recently who runs a food import and restaurant business. ...
World food prices surge in September image
Source : BBC [Read Article] Thursday 6th of October 2016 11:25:33 AM
...."The benign outlook. is poised to lower the world food import bill to a six-year low," it said. ...
Shares slide as Brexit fears take hold image
Source : BBC [Read Article] Wednesday 6th of July 2016 07:17:25 AM
....Tesco and Morrisons were two of the biggest losers, with their shares dropping more than 7% after analysts warned of a potential price war among supermarkets. Laith Khalaf, an analyst at Hargreaves Lansdown, said further discounting would squeeze supermarkets' margins at a time when the falling pound is set to make food imports more expensive. ...
Deli dreams image
Source : BBC [Read Article] Saturday 2nd of July 2016 11:43:52 PM
....Despite having a good grasp of English, she struggled to find the ingredients she needed to make the traditional soups she missed. This gave her the idea to open a deli with food imported from Central and Eastern Europe, with staff that can speak Polish and Russian. ...
Cheap imports force UK pig farmers out of business image
Source : Guardian [Read Article] Saturday 16th of January 2016 09:00:05 PM
.... Britain’s pig farmers make a loss of £7 on every pig slaughtered as global demand for pork lags behind supply. Russia’s ban on European food imports – in response to western sanctions – has eliminated the largest market for the EU’s pig farmers, which means falling prices across the continent. ...
Venezuela decrees economic emergency image
Source : BBC [Read Article] Friday 15th of January 2016 07:50:02 PM
....President Nicolas Maduro will govern by decree for two months. The edict includes tax increases and puts emergency measures in place to pay for welfare services and food imports. ...
Hopes of a global trade deal remain low as WTO meets in Nairobi image
Source : Guardian [Read Article] Tuesday 15th of December 2015 06:00:32 AM
....”. There has been little or no progress in the Doha round since 2008, when developed and developing countries found themselves at odds over whether poor countries should be allowed to increase tariffs to support their farmers if food imports rose sharply. ...
Brexit is a life or death matter for Britain's farmers  image
Source : Telegraph [Read Article] Sunday 1st of November 2015 01:00:21 PM
.... The Government would cut green payments to the rich agro-industrial farms of the lowlands and concentrate subsides on Welsh hill farms, the Highlands, or areas of special fauna and natural beauty. Tariffs would be slashed, throwing open UK markets to cheap food imports from the Antipodes, North America, Brazil, and Argentina. ...
Biggest fall in food prices since 2008 image
Source : BBC [Read Article] Thursday 10th of September 2015 02:00:13 PM
....Dairy farmers have suffered a 20% fall in European wholesale milk prices in the past year. The European Commission aid comes on top of extra help for European fruit and vegetable farmers, who have been hit by the Russian embargo on Western food imports in retaliation for EU and US sanctions over the crisis in Ukraine. ...
Farmers protest: European Commission pledges €500m aid package image
Source : Independent [Read Article] Tuesday 8th of September 2015 10:50:09 AM
....The ministers agreed to hold further negotiations to prepare for a new round of talks next week. In June, Moscow extended its embargo on food imports from Western countries until August 2016. ...
Russia's war on western food is leading to a national cheese revival image
Source : Guardian [Read Article] Monday 7th of September 2015 03:06:11 PM
.... The rouble’s devaluation in the last year has made dollar-based imports twice as expensive. A goal of Vladimir Putin’s newly appointed agriculture minister Alexander Tkachyov, is for Russian products to replace all food imports within a decade. ...
Japan's economy shrinks again as 'Abenomics' stimulus called into question image
.... . Japan’s ‘Abenomics’ stimulus programme had appeared to support the economy, but the downward pressure it has exerted on the yen has meant that the costs of food imports has risen, Mr Amari acknowledged. ...
Russia's economy hit hard by falling oil prices and Western sanctions image
Source : Daily Express [Read Article] Tuesday 4th of August 2015 02:00:00 PM
.... Sanctions against the former Soviet state were slapped in place in March last year by the US, European Union and Japan, after Russia led by President Vladimir Putin invaded Crimea and Eastern Ukraine. In August, Russia imposed counter sanctions on agricultural and food imports from the West. ...
Crippled Greece yields to overwhelming power as deal looms image
Source : Telegraph [Read Article] Friday 10th of July 2015 08:33:11 PM
.... "This is going to materialize in a month or two," he said . Constantine Michalos, head of the Hellenic Chambers of Commerce and a food importer, said the economy has reached near paralysis. ...
Greece's Yanis Varoufakis prepares for economic siege as companies issue private currencies  image
. Greece has stockpiled enough reserves of fuel and pharmaceutical supplies to withstand a long siege, and has set aside emergency funding to cover all the country's vitally-needed food imports. ...
Greek banks down to €500m in cash reserves as economy crashes image
Source : Telegraph [Read Article] Thursday 2nd of July 2015 06:20:23 PM
.... . Business leaders have been locked in talks with the Bank of Greece, pleading for the immediate release of emergency liquidity funds (ELA) to cover food imports and pharmaceutical goods before the tourist sector hits a brick wall. ...
Greece crisis: Tsipras and Putin make gas pipeline plans as Europe deal flounders image
.... . There were also predictions in April that Russia could at least partially lift Russia’s ban on EU food imports for Greece in return for a part in the privatisation of Greek assets. ...
A handful of corporations could hold the answer to crisis in the seafood industry image
.... Likewise the subject regularly hits the mainstream media thanks to films such as “The End of the Line” and campaigns such as “Fish Fight”. Related: Some 40% of UK’s food imports from areas of high water risk. ...
The BRIC nations' response to climate change is critical to the fate of the planet image
....It goes without saying that Russia heavily influences Ukraine, as evidenced by its annexation last year of the Crimean peninsula in a crisis that already has killed thousands. Sanctions from the European Union, the US and others have resulted in quid-pro-quo sanctions from Russia, including a ban on food imports from the EU. ...
Russia: the unsustainable superpower image
Source : Guardian [Read Article] Monday 4th of May 2015 04:57:40 PM
....The sanctions levied against Russia by the European Union, the US and others in the wake of the Ukraine crisis have affected countries farther afield as well. After all, Russia retaliated by levying its own sanctions, including a ban on food imports from EU members. ...
Thailand faces possible EU fish ban image
Source : BBC [Read Article] Wednesday 22nd of April 2015 07:30:57 AM
....Thailand's government said it is "confident" it can address concerns over illegal fishing that could result in a trade ban from the European Union. The EU warned on Tuesday that it would block seafood imports unless "a corrective tailor-made action plan" was implemented within six months. ...
Alexis Tsipras in Moscow asks Europe to end sanctions against Russia image
Source : Guardian [Read Article] Wednesday 8th of April 2015 05:19:44 PM
....Brussels is nervous that the new Greek government is breaking European unity over Russia’s actions in Ukraine, and Tsipras’s words in the Kremlin would have been music to Putin’s ears. However, fears that the Russian president might seek to build closer economic ties with Greece by offering a loan – a possibility floated in a Russian newspaper report this week – or by lifting a ban on Greek food imports, proved unfounded. ...
Putin tempts Tsipras with promise of lucrative gas deals… but can Russia really save Greece’s skin? image
.... A deal on a pipeline with Russia could end Russia’s reliance on Ukraine for transporting gas to customers in Europe. There are also predictions that Russia could at least partially lift Russia’s ban on EU food imports for Greece in return for a part in the privatisation of Greek assets. ...
Russia ready to offer Greeks cash in return for assets image
Source : Telegraph [Read Article] Tuesday 7th of April 2015 01:36:46 PM
.... . Besides credit and gas discounts, the Kremlin could offer Greece a partial lifting of its EU food import ban in exchange for Athens pushing a pro-Russia line. ...
Russia's sanctions hand the advantage straight back to debt-laden Athens image
Source : Telegraph [Read Article] Saturday 31st of January 2015 06:00:44 PM
.... . France is also clearly keen to ease sanctions, so as to rebuild valuable commercial ties to Russia – and lessen the serious impact of Russia’s European food import ban on the powerful French farming lobby. ...
MPs urge action on milk price cuts image
Source : BBC [Read Article] Tuesday 20th of January 2015 05:13:56 AM
....The government said it was doing all it could to help farmers cope with the "volatility of the global market". Milk prices have come under pressure from a combination of rising supply and falling demand, particularly as a result of lower-than-expected demand from China and Russia's ban on food imports. ...
Russia raises interest rates to 10.5% image
Source : BBC [Read Article] Thursday 11th of December 2014 11:21:14 AM
Supermarkets boost profits in cheese price rip-off image
Source : Telegraph [Read Article] Monday 10th of November 2014 05:38:58 PM
...." . Wholesale cheese prices have collapsed in part due to Russia's ban on fresh food imports in August, which was a retaliation over the West's economic sanctions for the Ukraine crisis. ...
Russia raises interest rates to 9.5% image
Source : BBC [Read Article] Friday 31st of October 2014 11:32:56 AM
....5% at the start of the year but the moves have failed to combat inflation. A weak rouble and a ban on western food imports has kept inflation stubbornly high. ...
Asian shares trade lower ahead of Fed meeting image
Source : BBC [Read Article] Tuesday 28th of October 2014 01:57:15 AM
....In Australia, shares of Bega Cheese fell as much as over 2% after it said profit growth next year would "present a significant challenge". The company has been affected by Russian sanctions on Western food imports and falling global dairy prices. ...
Ukraine sanctions: 'Buy Russian' campaign defies embargo image
Source : BBC [Read Article] Friday 17th of October 2014 10:33:42 AM
....Just a year after it opened for business, the popular restaurant in Moscow's Gorky Park has been forced into a radical image change. Gourmet shellfish are just one of many things that have vanished in Russia since President Vladimir Putin banned fresh food imports from those countries that blame him for the crisis in Ukraine. ...
Russians urged 'don't panic' as rouble hits new low image
Source : BBC [Read Article] Tuesday 16th of September 2014 10:57:03 AM
....In early September annual inflation was 7. 7% as the weaker rouble increased the cost of foreign imports and Moscow's food import ban reduced competition. ...
Sweeping new US and EU sanctions target Russia's banks and oil companies image
Source : Guardian [Read Article] Friday 12th of September 2014 04:41:17 PM
....“The United States, in close cooperation with the European Union, will impose ever-increasing sanctions that further Russia’s isolation from the global financial system unless Russia abandons its current path and genuinely works toward a negotiated diplomatic resolution to the crisis,” said the Treasury department’s under secretary for terrorism and financial intelligence, David Cohen in a separate statement. The moves brought a dismissive response from Russia’s president Vladimir Putin, who has already retaliated to earlier sanctions by banning food imports from Europe and the US. ...
Ukraine crisis: New EU sanctions on Russia go into effect image
Source : BBC [Read Article] Thursday 11th of September 2014 11:58:04 AM
...."This brings the total of persons subject to sanctions to 119 while 23 [Russian] entities remain under asset freeze in the EU," it said. Russia already has a wide-ranging embargo on food imports from the EU, banning fruit, vegetables, meat, dairy produce and other important foods. ...
Perfect weather yields bumper cereal harvest for British farmers image
Source : Guardian [Read Article] Friday 5th of September 2014 11:08:39 AM
....”. Capper is also facing pressure from a far more distant source – the conflict in Ukraine and the consequent ban by Russia on food imports from the EU. ...
Magnolia Bakery opens first Moscow cupcake cafe but timing is far from sweet as Kiev denounces 'Russian invasion' image
....But Abrams isn't too concerned about the prospects of full-blown military action in Ukraine or a slowdown of the Russian economy due to punishing sanctions. He is also unfazed by the Kremlin's ban on Western food imports, including bakery goods, milk and fruit, insisting that Magnolia will "be fine with local ingredients". ...
EU widens aid to dairy exporters hit by Russia food ban image
Source : BBC [Read Article] Thursday 28th of August 2014 12:46:22 PM
. The EU has announced emergency help for dairy producers hit by the Russian ban on food imports from the EU. ...
McDonald's plans appeal against Moscow outlet closure   image
Source : BBC [Read Article] Wednesday 27th of August 2014 03:37:25 PM
....The EU and US have imposed sanctions against Russia over its role in the conflict. Moscow has responded with a trade embargo against food imports from the West. ...
Russian watchdog closes fifth McDonald's restaurant amid Ukraine tensions image
Source : Independent [Read Article] Tuesday 26th of August 2014 12:30:08 PM
....Washington and the European Union have accused the Kremlin of arming pro-Russian separatists in Ukraine following the shooting of the Malaysia Airlines plane on 17 July as it flew over a rebel-controlled area. Moscow has consistently denied this is case and recently announced it would ban food imports from the West in response. ...
WPP advertising profits hit by Ukraine crisis image
Source : Daily Express [Read Article] Sunday 24th of August 2014 12:01:00 AM
....Russia is the subject of economic sanctions from the US, Canada, Australia, Norway and the European Union, who believe that Moscow has fueled unrest in neighbouring Ukraine. In retaliation, Russia has banned Western food imports and targeted multinationals such as McDonalds. ...
Western companies on alert as Russia shuts down McDonald’s restaurants image
Source : Independent [Read Article] Thursday 21st of August 2014 11:54:30 PM
....ON. Earlier this month Russia imposed bans on Western food imports after Washington and Brussels applied economic sanctions in response to Moscow’s annexation of Ukraine’s Crimea region and its backing of the separatists. ...
Virgin's Richard Branson calls for 'peaceful resolution' of Ukraine conflict in open letter image
....Washington and the European Union have accused the Kremlin of arming pro-Russian separatists in Ukraine following the shooting of the Malaysia Airlines plane on 17 July as it flew over a rebel-controlled area. Moscow has consistently denied this is case and recently announced it would ban food imports from the West in response. ...
McDonald's: Russia watchdog widens probe into food chain image
Source : BBC [Read Article] Thursday 21st of August 2014 10:40:49 AM
.... The West has accused Russia of supporting pro-Russian militants. Earlier this month, Russia imposed an embargo on food imports from the EU, US and some other Western countries, in response to sanctions over Ukraine. ...
McDonald's closes Moscow restaurants for 'sanitary violations' in wake of Kremlin food ban image
....The closures come against a backdrop of worsening US-Russian ties over the crisis in Ukraine. Earlier this month, the Kremlin banned food imports from the West in retaliation over Russia's alleged involvement with separatists suspected of shooting down a passenger plane flying over rebel territory on 17 July. ...
Russia watchdog shuts four McDonald's in Moscow image
Source : BBC [Read Article] Wednesday 20th of August 2014 04:47:17 PM
....Previously, when diplomatic tensions have been high, the regulator has controversially banned products including wine from Georgia, cheese from Ukraine and apples from Poland, according to BBC Moscow correspondent Daniel Sandford. Earlier this month, Russia imposed a "full embargo" on food imports from the EU, US and some other Western countries, in response to sanctions over Ukraine. ...
Russian import ban fuels food price rises image
Source : BBC [Read Article] Tuesday 19th of August 2014 10:41:55 AM
....8%. On Monday, Russia's Prime Minister Dmitry Medvedev said he did not expect the ban on food imports to lead to price rises or shortages in the shops. ...
Norway's Statoil partners with Rosneft despite Russia sanctions image
Source : BBC [Read Article] Monday 18th of August 2014 05:57:37 PM
.... . Moscow has retaliated by imposing a "full embargo" on food imports from the EU. ...
EU to spend €125m to prop up fruit and vegetable prices against Russian sanctions image
. The European Union will use emergency funds to prop up the price of fruit and vegetables in order to compensate farmers for Russia’s ban on many Western food imports. ...
EU compensates fruit and veg growers hit by Russian ban image
Source : BBC [Read Article] Monday 18th of August 2014 11:46:35 AM
....Tomatoes, peppers, cucumbers, grapes and pears are included in the scheme. Russia has banned many food imports, angry at EU-US sanctions over Ukraine. ...
Russian sanctions start to bite as growth forecasts are downgraded image
Source : Guardian [Read Article] Sunday 17th of August 2014 05:40:48 PM
.... Car sales were down 23% on last July, meaning fewer of the gas-guzzling 4x4 vehicles beloved by some Russian motorists are being driven off the forecourts. Just as credit is becoming more expensive, Russian shoppers face higher grocery bills, after Vladimir Putin banned food imports in retaliation against western sanctions. ...
VIDEO: UK pork farmers hit by sanctions image
Source : BBC [Read Article] Tuesday 12th of August 2014 08:52:41 AM
. UK pork farmers will face pressure to lower prices because of Russia's ban on food imports from a number of Western countries, say experts. ...
UK pork farmers threatened by Russian import sanctions image
Source : BBC [Read Article] Monday 11th of August 2014 10:15:18 AM
. UK pork farmers will face pressure to lower prices because of Russia's ban on food imports from a number of Western countries, say experts. ...
UK firms hurt by Russian embargo on food imports image
Source : BBC [Read Article] Sunday 10th of August 2014 12:43:15 PM
. UK firms have been hit by a Russian ban on food imports from a number of Western countries. ...
VIDEO: UK fishery suffers from Russia sanctions image
Source : BBC [Read Article] Saturday 9th of August 2014 11:08:28 PM
. Russia has imposed an almost total ban on food imports from the European Union, the United States and several other Western countries, in retaliation for sanctions on Moscow over its stance in Ukraine. ...
Markets nervous as Obama authorises Iraq air strikes image
Source : BBC [Read Article] Friday 8th of August 2014 01:55:54 PM
....He said Islamic State (IS) fighters would be targeted to prevent the slaughter of religious minorities or if they threaten US interests. The Russian government had also announced it was imposing a "full embargo" on food imports from the EU, US, Australia and some other countries, in response to sanctions over Ukraine. ...
Russia hits West with food import ban in sanctions row image
Source : BBC [Read Article] Thursday 7th of August 2014 07:00:07 PM
. Russia is imposing a "full embargo" on food imports from the EU, US and some other Western countries, in response to sanctions over Ukraine. ...
Russia ramps up trade war with ban on Western food image
Source : Telegraph [Read Article] Thursday 7th of August 2014 03:56:21 PM
.... . He said the counter sanction could wean Russia off its high levels of dependence on food imports - around 25pc-30pc - but warned that developing local production would "take time and require massive funding, which might be problematic given the strained budget and the stressed condition of the domestic financial sector". ...
Russia tensions with west over Ukraine hit Coca-Cola bottler and Adidas image
Source : Guardian [Read Article] Thursday 7th of August 2014 01:50:12 PM
....2% for corporate bonds across emerging markets as a whole, the widest spread yet. Analysts said the ban on food imports would drive inflation even higher, which could undermine the Russian central bank's monetary strategy. ...
Why Russian sanctions against the West could hit sales of Kinder Surprise image
Source : Telegraph [Read Article] Thursday 7th of August 2014 12:48:21 PM
. Russia has banned fruit, vegetable, meat, fish, milk and dairy food imports from countries imposing sanctions against Russia over the crisis in Ukraine. ...
Ukraine crisis: Putin orders retaliatory sanctions image
Source : BBC [Read Article] Wednesday 6th of August 2014 08:27:05 PM
....Russian President Vladimir Putin has banned or curbed agricultural imports from countries imposing sanctions on Russia over the crisis in Ukraine. In a decree (Russian text), he ordered the measures, which also apply to food imports, to be introduced for one year. ...

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