Russia Is Locking Up Butter As Inflation Crisis Reaches New Heights - Foreign Affairs - Nairaland
Nairaland Forum › Nairaland General › Politics › Foreign Affairs › Russia Is Locking Up Butter As Inflation Crisis Reaches New Heights (1029 Views)
| Russia Is Locking Up Butter As Inflation Crisis Reaches New Heights by blamingthedevil(op): 9:59pm On Nov 18, 2024 |
Russia is locking up butter as inflation crisis reaches new heights Americans have spent the last few years complaining about inflation. But price rises in Russia are eye-watering by comparison – and just one symptom of an economy that is overheating. Butter, some meats, and onions are about 25% more expensive than a year ago, according to official data. Some supermarkets have taken to keeping butter in locked cabinets: Russian social media has shown stocks being stolen. The overall inflation rate is just shy of 10%, much higher than the central bank anticipated. The overall inflation rate is just shy of 10%, much higher than the central bank anticipated. Inflation is being driven by the rapid rise in wages as the Kremlin pours billions into military industries and sends millions of men to fight in Ukraine. In the middle of a war, companies outside the defense sector can’t compete for workers without paying much higher wages. In turn, they charge higher prices. So the spiral continues. https://www.cnn.com/2024/11/18/economy/russia-inflation-new-heights-intl-analysis/index.html |
| Re: Russia Is Locking Up Butter As Inflation Crisis Reaches New Heights by TemplarLandry: 9:59pm On Nov 18, 2024 |
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| Re: Russia Is Locking Up Butter As Inflation Crisis Reaches New Heights by VikingKing: 10:04pm On Nov 18, 2024 |
TemplarLandry:The way you keep jumping from thread to thread, I suspect they’ve paid your monthly stipend. |
| Re: Russia Is Locking Up Butter As Inflation Crisis Reaches New Heights by InstanetTV: 10:39pm On Nov 18, 2024 |
They are calling 25% rise in inflation eye watering, what will they call the Nigerian situation where we are grappling with a 100 - 150% inflation rise in less than a year. |
| Re: Russia Is Locking Up Butter As Inflation Crisis Reaches New Heights by GreyWolf01: 11:05pm On Nov 18, 2024 |
News about Russia from "CNN" OP use your brain next time. |
| Re: Russia Is Locking Up Butter As Inflation Crisis Reaches New Heights by ObosiLandlord(m): 11:18pm On Nov 18, 2024 |
blamingthedevil:Western propaganda |
| Re: Russia Is Locking Up Butter As Inflation Crisis Reaches New Heights by Donaldoni: 11:54pm On Nov 18, 2024 |
GreyWolf01:Choose between japa to US and japa to Russia at this time ![]() Make una dey use una number 6 |
| Re: Russia Is Locking Up Butter As Inflation Crisis Reaches New Heights by haybhi1(m): 12:31am On Nov 19, 2024 |
Lol... Nigeria own worse. OP, add picture for front page |
| Re: Russia Is Locking Up Butter As Inflation Crisis Reaches New Heights by omowolewa: 4:49am On Nov 19, 2024 |
If its about wages, they have options of relaxing their immigration laws for Asian and Africans whom.they claim to love |
| Re: Russia Is Locking Up Butter As Inflation Crisis Reaches New Heights by ObosiLandlord(m): 6:30am On Nov 19, 2024 |
Donaldoni:Oga, please respect yourself, I didn't quote you, I don't know why you will have to start calling me names because of my opinion. Where I will japa to is none of your business. |
| Re: Russia Is Locking Up Butter As Inflation Crisis Reaches New Heights by richmond500: 6:40am On Nov 19, 2024 |
InstanetTV:Nigeria inflation rate was around 33% in a year, not 100-150% |
| Re: Russia Is Locking Up Butter As Inflation Crisis Reaches New Heights by Elusive001: 7:05am On Nov 19, 2024 |
richmond500:So from April 2023 to now is 33% inflation abi? |
| Re: Russia Is Locking Up Butter As Inflation Crisis Reaches New Heights by richmond500: 7:10am On Nov 19, 2024 |
Elusive001:yes it is 33%. |
| Re: Russia Is Locking Up Butter As Inflation Crisis Reaches New Heights by blamingthedevil(op): 7:54am On Nov 19, 2024 |
VikingKing:What about your monitoring spirit wage? |
| Re: Russia Is Locking Up Butter As Inflation Crisis Reaches New Heights by GreyWolf01: 8:02am On Nov 19, 2024 |
Donaldoni:Your response is so stupid it's baffling. What has japa got to do with misinformation? |
| Re: Russia Is Locking Up Butter As Inflation Crisis Reaches New Heights by Donaldoni: 8:54am On Nov 19, 2024 |
GreyWolf01:Why hesitate choosing Russia over USA if USA is all about propaganda ![]() |
| Re: Russia Is Locking Up Butter As Inflation Crisis Reaches New Heights by GreyWolf01: 9:22am On Nov 19, 2024 |
Donaldoni:The Tale of 2 competing brands. Honda's's PR department (propaganda) comes to tell you that the quality of Toyota cars has dropped and all units are having engine problems. Honda's PR department has been caught lying too frequently about any competing brand. Also, they are known to spread any narrative that will project their brand (whether its false or fabricated) I, the customer, questions why I should believe Honda when they are known to spread falsehood and propaganda. You, the gossip monger, comes to tell me that it should not matter if Honda is lying or not , or if its just propaganda, simply because ..... Will I not choose to buy a Honda over a Toyota? ........... You see how silly your argument sounds? Learn to focus on issues and not swing haphazardly like a damaged pendulum. |
| Re: Russia Is Locking Up Butter As Inflation Crisis Reaches New Heights by obedience4(m): 9:46am On Nov 19, 2024 |
Nlfpmod |
| Re: Russia Is Locking Up Butter As Inflation Crisis Reaches New Heights by Donaldoni: 10:10am On Nov 19, 2024 |
ObosiLandlord:Why hesitate choosing Russia over USA if you say everything coming out of US is propaganda ![]() |
| Re: Russia Is Locking Up Butter As Inflation Crisis Reaches New Heights by ObosiLandlord(m): 10:12am On Nov 19, 2024 |
Donaldoni:I don't engage people like you in conversation. Seun, you and Mynd44 are not doing a good job. This guy broke rule 2 and 12, and nothing was done to him. I wander why you let rude guys like this roam freely on this site. If I go down to his level now, that's when you will take action. |
| Re: Russia Is Locking Up Butter As Inflation Crisis Reaches New Heights by Donaldoni: 10:30am On Nov 19, 2024 |
GreyWolf01:How did you come to the conclusion that it is propaganda? That is my point. You can't be pro-Russia and pro-US at the same time in this instance. Will you also declare news from Russia as propaganda ![]() |
| Re: Russia Is Locking Up Butter As Inflation Crisis Reaches New Heights by GreyWolf01: 11:28am On Nov 19, 2024 |
Donaldoni:I can be "pro-anything I chose to be" International politics is not chelsea vs arsenal. It is not stanship or fandom. You support "facts and truth" not one or the other. Being non -aligned helps you see clearly. I can love your character but detest a behaviour you have. I can hate your looks but love how you speak. There is such a thing as precedent from CNN. 1.) Russia is building crude second rate armament with washing machine and Microwave oven microchips. 2.) Russian equipment is obsolete and practically falls apart. 3.) Russia is weaponising energy. 4.) Russia blew up Nordstream 2 5.) Russian soldiers are r.ping babies. 6.) Russia is responsible for bucha massacre. 7.) Russia is losing the war. 8.) Putin has cancer and is dying. 9.) Hunter Biden laptop is Russian misinformation. 10.) Epstein client list does not exist. 11.) Trump incited the J6 insurrection. 12.) When Trump won, Russia influenced his election. 13.) When trump lost, the claims of electoral inconsistencies by him , were painted as lies. Man just pick your choice of the propaganda and disinformation listed above. Like I said, use your head! .... |
| Re: Russia Is Locking Up Butter As Inflation Crisis Reaches New Heights by NothingDoMe: 12:21pm On Nov 19, 2024 |
GreyWolf01:Instead of suggesting that he rely on his own judgment, why not offer him an alternative news source with a different perspective, given your lack of trust in CNN? |
| Re: Russia Is Locking Up Butter As Inflation Crisis Reaches New Heights by Jovi10: 2:26pm On Nov 19, 2024 |
GreyWolf01:That's if he has a head in the first place. |
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