RUSSIA: PUTIN BANS GRAIN EXPORTS AFTER FIRE DAMAGE

Putin has announced a temporary ban on the export of grain, because of the damage to crops caused by recent fires. Mr Putin said “I think it is advisable to introduce a temporary ban on the export from Russia of grain and other agricultural products made from grain.” The President has also pledged 10 billion roubles (335 million dollars) in subsidies and 25 billion roubles in loans to the agricultural sector. .

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