Russia Retaliates W Food Import Ban; Impact On Argentina?

Depends on the price of the gas.
Not all the soy is exported. When it is sold local, they do it en negro or they just can use its own one.

Bajo-san, your explanation makes alot of sense. But now can you give it to me in understandable English.?
 
Russia has gas, helloooooooo.
Gas is the biggest expendichure on imports, 14 billion.

http://www.ambito.co...a.asp?id=727875
Russia is going to put natural gas in their 1 gas tanker. Sail down the pacific and around the horn and deliver gas to Argentina when they can sell every liter they produce to Europe via pipeline. Stick to lawyering and Tango. This doesn't pencil out.
 
Russian Gas to Arg is not likely to happen, but since they have the 5th largest foreign currency reserve + gas to sell, Russia can freely trade with just about anyone they like in whatever currency suits their fancy. So they would have no problem buying grain from South America.

The sanctions are the US cutting off Europe's nose to spite Putin's face. It's silly showmanship for a domestic public that needs a boogeyman to hate, but in the real world it is not a huge deal.
 
Russia is going to put natural gas in their 1 gas tanker. Sail down the pacific and around the horn and deliver gas to Argentina when they can sell every liter they produce to Europe via pipeline. Stick to lawyering and Tango. This doesn't pencil out.
Selling to EU ? .. Au Contraire, The Russky is going to close their big spigot on the pipe line going to Europe punishment ban imposed on Russia. Mr Putin just signed supply deal till 2050 to PRC for wopping US$40 billions! So not needing to sell to EU.
EU is just playing a well rehearsed charades to Obama..After all, they belonging to the big G7s !
 
Selling to EU ? .. Au Contraire, The Russky is going to close their big spigot on the pipe line going to Europe punishment ban imposed on Russia. Mr Putin just signed supply deal till 2050 to PRC for wopping US$40 billions! So not needing to sell to EU.
EU is just playing a well rehearsed charades to Obama..After all, they belonging to the big G7s !
We will see.
 
nothing like a 20% drop to get your attention
http://www.bloomberg.com/quote/RUREFEG:IND
 
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