Western Sanctions On Russia BACKFIRE Sparking Riots Over RECORD Food And Fuel Prices, Ruble RECOVERS
Timcast News
00:00
What's the Point of the Sanctions?
Sudden spikes in food prices can lead to social unrest. Agricultural commodities were already 35 % higher in january compared with a year ago. Surging energy and food prices could also push policy makers to implement more subsidies experts say, adding to their heavy s of many low income countries. When you subsidize people, when that subsidy gets cut off, the people suffer.
Play episode from 22:58
Transcript
