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Search resuls for: "of Agricultural Producers"


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SOFIA, Bulgaria (AP) — Hundreds of angry farmers took to the streets in Bulgaria’s capital, Sofia, on Monday to complain of what they called “the total failure” of the government to meet the mounting challenges of the agricultural sector. They called on Agriculture Minister Kiril Vatev to step down for not keeping his promises to ease the administrative burden on the farming sector, to seek state compensation for high costs and falling incomes. Ventsislav Varbanov, who chairs the Association of Agricultural Producers, complained that the government is adding more undue burdens, instead of seeking some relief for the farmers. The association expressed discontent with a statement made by Prime Minister Nikolay Denkov in response to their demands for compensation that only grain producers who can prove a loss for 2023 will receive financial support. The association wants some form of compensation for all grain producers.
Persons: Kiril Vatev, Ventsislav Varbanov, Varbanov, Nikolay Denkov Organizations: Agriculture, of Agricultural Producers Locations: SOFIA, Bulgaria, Bulgaria’s, Sofia, Europe, Ukraine
Russia curbs gasoline and diesel exports to ease shortages
  + stars: | 2023-09-21 | by ( ) edition.cnn.com   time to read: +2 min
Russia has introduced a temporary ban on exports of gasoline and diesel to all countries except four ex-Soviet states in order to stabilize the domestic market, the government said Thursday. “Temporary restrictions will help saturate the fuel market, which in turn will reduce prices for consumers,” the Russian government said in a statement. In recent months Russia has suffered shortages of gasoline and diesel. Wholesale fuel prices have spiked, although retail prices are capped to try to curb them in line with official inflation. Traders say the Russian fuel market has been hit by factors including maintenance at oil refineries, bottlenecks on railways and the weakness of the ruble, which incentivizes fuel exports.
Organizations: Economic Union, Kremlin, Traders, Locations: Russia, Soviet, Moscow, Belarus, Kazakhstan, Armenia, Kyrgyzstan, , breadbasket, ” Russia, Saudi Arabia
Russia imposes temporary restrictions on fuel exports
  + stars: | 2023-09-21 | by ( ) www.reuters.com   time to read: +2 min
"Temporary restrictions will help saturate the fuel market, which in turn will reduce prices for consumers," the government said in a statement. Government officials have said that the plans are intended to restrict fuel exports only to those who make the oil products, in order to avert a large-scale fuel crisis; a prohibitive duty on fuel exports has been considered. Wholesale fuel prices have spiked, although retail prices are capped to try to curb them in line with official inflation. Traders say the fuel market has been hit by factors including maintenance at oil refineries, bottlenecks on railways and the weakness of the rouble, which incentivises fuel exports. Russia exported 4.817 million tons of gasoline and almost 35 million tons of diesel last year.
Persons: Maxim, Vladimir Soldatkin, Mark Trevelyan Organizations: REUTERS, Rights, Kremlin, Traders, Thomson Locations: Moscow, Russia, breadbasket
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