All New Wilmott Jobs Board                     (b)

US Sanctions Against Russia Backfire Economically: BRICS BANK, BRICS FOOD BANK

 

Despite President Obama’s dictating that Russia is increasingly “isolated,” it appears they have found a whole new set of friends to play with in the global trade sandpit.

In retaliation to Western sanctions, Putin yesterday unveiled a total food import ban from all sanctioning nations, and, just as the BRICS created their own ‘IMF-lite’ away from Washington’s prying eyes, Russia plans to substitute banned goods with not just domestic supplies but imports from Latin America, China, and several other nations. Agriculture Minister Nikolai Fedorov said “no food shortages are expected,” but more isolation for the West…

Russia is already turning away trucks at the border and cancelling orders (as FruitNet reports)...

 

Food ban doesn’t apply to Switzerland

Russians won’t feel dramatic changes, incl. in restaurants; “bon appetit” to all, Fedorov says

  • Russia can replace meat importsfrom U.S., EU, Canada, Australia with supplies from Brazil, Uruguay, Paraguay, Argentina, Belarus

  • Russia will try to replace Norwegianred fish with domestic supplies, shipments from other countries

  • Country consumes 2.345m mt ofbeef/yr, incl. 59kt from 5 banned suppliers

  • Pork: consumption 3.415m t/yr total vs 450kt from 5 sanctioned suppliers

  • Poultry: 4.28m t/yr total vs 338kt from banned countries

  • Fish: 3.44m t/yr total vs 457kt from banned countries

  • Dairy: ~36m t/yr total vs 459kt; cheese, butter, powdered milk can be imported from South America, New Zealand

  • Vegetables: 16m t/yr vs 900kt; subsitutions possible from Turkey, Argentina, Chile, China, Uzbekistan, Azerbaijan

  • Fruits and berries: 11m t/yr vs 1.6m t; apples, pears can be imported from Argentina, Chile, China, Serbia; cherry, apricots, peaches from Uzbekistan, Azerbaijan, Armenia, Israel, Turkey, Iran; citrus from Egypt, Morocco, Turkey, South Africa

*  *  *

Seems like once again, US sanctions have forced retaliation from Russia that economically impacts the US (and European) economies – just like Jack Lew said it would not…

Please read more here.

Denzel Washington: "Hoodwinked, Bamboozled, Led Astray"

 Denzel Washington in the movie Malcolm X.

PlaceAVote Tech Company: Replace U.S. Congress with Software!

 

 
A California tech startup wants to replace Congress with a software system that decides how to vote on every bill according to public opinion.

The startup, PlaceAVote, envisions Americans voting on legislation through their software system and is currently running two candidates for Congress, both software engineers, who vow to vote according to the tallies recorded by the system.

“If a PlaceAVote candidate is voted into office, all bills that come before Congress will be decided by the district via majority vote online,” states the company’s web site.

One of PlaceAVote’s candidates, John Catano, said that the Founding Fathers “designed a political system that countless others have been based off of.”

“That being said, if they had access to current technology, don’t you think they would use some of it to address the will of the people?” He asked.

Please read more here and  here.

People of Crimea Vote To Secede From Ukraine & Become a Part of the Russian Federation