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Russia Ban Gate

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Screen Shot 2014-08-12 at 11.16.51 AM.pngThe fallout from Russia's ban on Western food continues: CNN reports that the EU is paying farmers to destroy produce in the fields in an effort to avoid price instability. 125 million euros ($167 million) has been set aside for farmers who leave produce to rot. European Commission spokesman Roger Waite explained: "This is a measure aimed at reducing the level of supply so the prices don't drop to crisis levels." [CNN][Photo: Shutterstock]