US EditionRussia Economy Meltdown as Country ‘Runs Out of Potatoes’ While Prices Rise 92%
- Russia's GDP grew by 1.4% in 2024, marking a sharp slowdown compared to previous quarters amid nationwide economic struggles.
- This GDP decline followed poor harvests from drought and unseasonal frosts, compounded by international sanctions and labor shortages.
- Potato production dropped by 1.2 million metric tons to 7.3 million last year, causing a 92% price rise and supply shortages.
- According to Deputy Speaker Boris Chernyshov of the State Duma, potatoes—often referred to as the "second bread"—are now causing significant financial strain for millions of households.
- The crop shortages and inflation intensify Russia's economic challenges, complicating efforts to stabilize markets and fund military spending.
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22 Articles
22 Articles
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Aleksandr Lukašenko Encourages Farmers to Cultivate More Potatoes to Feed Russia. "We Need to Help Our Brothers"
The President of Belarus, Aleksandr Lukašenko, launched a call on farmers to cultivate more potatoes, in the context of a serious deficit currently recorded on this important product and the increase in demand by Russia's neighbouring country...
·Romania
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Total News Sources22
Leaning Left3Leaning Right3Center3Last UpdatedBias Distribution33% Left, 33% Center, 33% Right
Bias Distribution
- 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
33% Right
L 33%
C 33%
R 33%
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