Food price hikes have accelerated in Russia over the last few months, following trends on global food markets. According to Russia's State Statistics Service, the fastest growth in September was demonstrated by rapeseed and soybean oil prices (13.5%), pasteurized milk (9.4%), fermented milk products (7.9%) and curd (7.4%-7.5%).
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A year ago, on November 21, 2013, the Ukrainian government announced that it was postponing the signing of an EU association agreement, scheduled for the East Partnership summit in Vilnius, Lithuania, a week later. This seemingly modest bureaucratic move brought about some truly devastating consequences.