EU

Russia’s grain shortage is hitting the nation hard. Exports are banned and prices are rising fast, leading to global knock-on effects that will see Europe needing to find alternative supply sources.
 
The heads of a number of Moscow bakeries are reported as saying that from July to early August, the price of flour rose by 50 per cent. Further down the supply chain, millers said their bill from suppliers had gone up by at least a third.

In failing to act in a unified manner, and with certain member states consistently acting only in their own best interests, Europe's relationships with Russia are being choreographed by the Kremlin. With economic relationships centring on oil and gas, Russia plays to its strengths, whilst Europe's potential strengths, its size and wealth, are thrown away as the Union languishes in disunity.