A big round of applause in brussels this week when the e. U. Announced its agreement with south americas nations brazil argentina uruguay and paro but could the deal be a headache for europe in the coming months or even a failure a vocal opposition suggests ratifying the deal wont be easy. After the celebration comes the backlash french farmers are among those coming out against the methods or agreement brussels says it will bring their products to new markets while saving 4000000000. 00 euros in customs but many worry about the effects on their local market. And the markets hang by a very fragile balance we add a little more volume prices will collapse and if prices collapse there is no life for us. Hes not alone similar concerns are coming out of ireland poland and germany a focal point is the e. U. Concession to south american beef producers 99000. 00 tons at a lower tariff of 7 and a half percent european beef producers say their market is already tight and theyll now have to compe
Part of why but could the deal be a headache for europe in the coming months or even a failure a vocal opposition suggests ratifying the deal wont be easy. After the celebration comes the backlash french farmers are among those coming out against the methods or agreement brussels says it will bring their products to new markets while saving 4000000000. 00 euros in customs but many worry about the effects on their local market. And the markets hang by a very fragile balance we add a little more volume prices will collapse and if prices collapse there is no life for us. Hes not alone similar concerns are coming out of ireland poland and germany a focal point is the e. U. Concession to south american beef producers 99000. 00 tons at a lower tariff of 7 and a half percent european b. Producers say their market is already tight and theyll now have to compete against low cost producers. In the eyes of the German Farmers association the e. U. Is favoring car makers above everyone else. Other
Roads have been blocked, a hurricane has knocked down advertising boards and uprooted trees. When can we expect the weather to improve . It is necessary to remain united and selfconfident in order to adequately respond to new challenges. President Vladimir Putin spoke about this on the eve of threeday voting in the election of the head of state, recorded a video message to the citizens of russia. We have our own views on how and what kind of country we should build, what plans we should implement, and today it is critically important not to deviate from this path, to achieve our goals, to achieve our largescale goals. The president reminded that residents of all four new regions will have a full opportunity to vote in the Upcoming Elections and called for them to participate in a special military operation. Participation in elections today means there is a manifestation of patriotic feelings, this is well understood by the residents of donbass and novorussia, who in the most difficult
Macro advisory in moscow. He said the situation for the russian currency is unique. You should not be looking at it in the same way as if there was a slide in a normally functioning economy or a european economy. The rouble is entirely managed now by the central bank in conjunction with the Finance Ministry, and has been since we last saw the rouble collapse down to about 130 in march of last year. So the Central Banks priority last year was to keep the Rouble Exchange rate high at around 60, because it was tackling inflation, but this year, because of the sanctions impact and because that has led to a big hit on the value of russias oil exports in particular, they have devalued the rouble in order to compensate for that fall in dollar terms. In other words, weaker rouble translating dollars into a higher rouble amount to balance the budget. Thats been the priority this year. It doesnt reflect an imminent crisis. Sort of a broad collapse in the economy. Its the result of the central Ba