03-23-2022, 05:48 PM
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#4430
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First Line Centre
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“ ‘We’re going back to a USSR’: long queues return for Russian shoppers as sanctions bite
After an hour and a half queuing for sugar, or worse still fighting for it in a market, Russians are feeling the effect of shortages caused by an unprecedented cutoff from the world”
https://www.theguardian.com/world/20...sanctions-bite
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Bags of sugar and buckwheat began disappearing from local markets in early March, just a week after Russia launched its invasion of Ukraine. And when the local mayor’s office announced that it would hold special markets for people to buy the staples last week, hundreds showed up.
“People are sharing tips about where to get sugar. This is crazy,” said Viktor Nazarov, who said that his grandmother had tasked him with visiting the special market last weekend to stock up. “It’s sad and it’s funny. It feels like a month ago was fine and now we’re talking about the 1990s again, buying products because … we’re afraid they’ll disappear.”
After an hour and a half waiting at the city’s main square, he was limited to buying one bag of five kilograms, he said.
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https://twitter.com/user/status/1505068461998882821
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The sudden shortages are a first taste of what is going to be a hard year for Russia, marked by a massive economic contraction, high inflation and an unprecedented cutoff from the world for a globalised economy.
“I think we are steadily going back to a USSR,” said Elina Ribakova, deputy chief economist for the Institute of International Finance, indicating that the Russian government would likely continue to close off from the world economy. “I’m not seeing it as a temporary shock and then we’re going to go back to the liberal democracy and reintegration into the world, unless there is a change in government.”
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More worryingly, medicines such as insulin have begun disappearing from pharmacy shelves. Some polls have indicated that Russian doctors are facing shortages of more than 80 medicines at pharmacies, including insulin and a popular children’s anti-inflammation medicine. Once again Russian officials blamed panic buyers, noting that most western pharmaceutical companies have said that they will not limit shipments of essential medicines to Russia.
But as Russia’s economy contracts, inflation is expected to skyrocket as high as 20% this year, said Ribakova. For ordinary Russians, she said, that would mean “poverty. Poverty and desperation.”
“People were so busy with just surviving,” she said. “Getting basic drugs, basic foods, surviving on minimal pensions … people are coming very skinny to this crisis. They don’t have savings, they were barely surviving before, and now they’ll be spending days in queues and lacking access to basic healthcare and drugs.”
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