In the latest round of tit for tat sanctions, Putin has decided to ban imports of European and American food products into Russia. Russia imports €12.2bn of food from Europe, much of it dairy and meat. UK food represents only about 1% of that total. Many European companies are likely to suffer from this trade […]
Posts Tagged ‘Emerging Markets’
Russia Ukraine Crisis Highlights Emerging Market Risks
Last week, Russian authorities in the southern Russian city of Lipetsk halted production at the Roshen chocolate factory. Roshen is a leading confectioner in Russia and Ukraine, is controlled by the Ukrainian businessman Petro Poroshenko, who also happens to be a Ukrainian MP and a supporter of the pro-European factions in the Ukrainian uprising. The […]