The Russians are said to have panicked due to food shortage problems due to the invasion of Ukraine

Advertisement


NEWYou can now listen to Fox News articles!

Russian officials are urging people not to panic buying food due to shortage problems caused by Russian President Vladimir Putin’s war in Ukraineaccording to reports.

Western sanctions and airspace bans imposed on Russia have caused the country’s economy to collapse, sparking fears of food shortages among civilians.

“Russians absolutely don’t need to run to shops and buy buckwheat, sugar and toilet paper,” Kremlin spokesman Dmitry Peskov told reporters on Friday when asked about the reports. state of panic buying by Russians, according to the Moscow Times.

RUSSIA INVADES UKRAINE: LIVE UPDATES

“The commotion around supplies at grocery stores is extremely emotional,” he said.

Unverified videos online show Russian grocers fighting over bags of sugar amid reports of sugar shortages in the country.

PUTIN HAS ‘NO EXIT’ FROM UKRAINE’S FAILED INVASION, SAYS FORMER NATO AMBASSADOR

Inflation rose at its fastest pace in more than two decades, the Times reported, citing data from statistics agency Rosstat. Russia has banned exports of sugar and other agricultural products until August.

Other Russian officials echoed Peskov, saying the sugar shortages were caused by panicked consumers rather than a lack of available sugar in Russia.

Russia’s Federal Anti-Monopoly Service (FAS) – a government anti-monopoly organization – warned against monopolistic practices in the sugar industry on Thursday, saying it would inspect the country’s sugar producers to ensure that there are no “unjustified” price hikes or shortages. , according to Reuters.

“The lack of sugar on store shelves in several regions is due to a rush in demand, which is [fueled] by dishonest organizations [sic]“, FAS said in a statement reported by Reuters.

WHO: UKRAINE’S HEALTH FACILITIES ARE AFRAID TO PROVIDE CARE

Viktor Evtukhov, Deputy Minister of Industry and Trade, said Russia had “no problems with sugar” and that “producers were producing it in sufficient quantities”, according to Reuters. “Given the decision taken to ban exports and allow free imports of this product, we really do not expect shortages of this good, which is now in high demand by the population.”

Besides basics like sugar, Russians also buy drugs like insulin and electronics, the Financial Times reported.

A wholesale food market in Moscow.
Advertisement

A wholesale food market in Moscow.
(Getty Images)

Russian President Vladimir Putin promised Wednesday to raise pensions and wages, according to the Financial Times.

Meanwhile, countries around the world could feel the effects of Russia’s invasion of Ukraine, as the two countries together account for 30% of global wheat exports.

CLICK HERE TO GET THE FOX NEWS APP

Ukraine also supplies a large part of the world’s sunflower oil. These supplies are likely to become much more limited globally due to the invasion. In addition, price increases resulting from Western sanctions against Russian oil and gas companies will increase food transport prices.

“As the war escalates, dozens of countries far and wide will feel the burn,” World Food Program Executive Director David Beasley said in a March 11 statement.

You Can Read Also

World News

Advertisement

Malek

মন্তব্য করুন

আপনার ই-মেইল এ্যাড্রেস প্রকাশিত হবে না। * চিহ্নিত বিষয়গুলো আবশ্যক।