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Post by The Great Aztec Joe on Sept 3, 2010 7:14:49 GMT -8
Global food shortage fears as Russia extends wheat ban Vladimir Putin has announced Russia will not lift a ban on grain exports before next year's harvest, extending the embargo for another year, sparking fears over a global food shortage. The Russian prime minister said that it was "necessary to note that we will only be able to consider lifting the grain export ban after next year's harvest ... and we have clarity on the balances". www.telegraph.co.uk/news/worldnews/europe/russia/7978954/Global-food-shortage-fears-as-Russia-extends-wheat-ban.htmlIf anybody is fugged, it'll be the commodity markets in the west, not Russia. Inflation caused by a shortage of grain can further destroy our economy. Imagine that, Inflation along with massive unemployment. Sadly, we are losing the war in the west. The simple fact of the matter is that hundreds of thousands of acres of farmland has been torched by Radical Islamic extremists in Russia and the Ukraine. Russia will barely have enough grain to feed their own people, much less export grain. They have kept the torching of the forests and fields TOP SECRET because they do not want the Radical Islamics to know that they have been THAT successful. Though it was obvious that everything was burning, the Russians claimed that it was just a few forest fires. Last month Moscow was so smoked out from burning wheat fields that many of the embassies closed their doors and evacuated their staffs for health considerations. It is Islam against the western world, and Islam is winning the war.
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Post by The Great Aztec Joe on Sept 4, 2010 6:07:19 GMT -8
The export ban is aimed at keeping the Russian domestic market well supplied with grain after Russia, which the world’s third largest wheat exporter last year when it sold 21.4 million tonnes of grain, after the country suffered a record drought which destroyed a quarter of its harvest. Forest and brush fires flared up again on Thursday, killing two people and burning down more than 160 houses and buildings. Mr Putin is keen to avoid any signs of social unrest ahead of elections due in 2012. The export ban from such a key global exporter sent wheat prices to 231.5 euros a tonne, just short of last month’s two-year high of 236 euros, sparking worries of a crisis in global food supplies.
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Post by The Great Aztec Joe on Sept 6, 2010 11:56:19 GMT -8
Food riots have been breaking out in various countries of Africa. Venezuela is issuing a Food Card for people to buy their food. It is expected that it will be used in the future to ration food to the starving masses.
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