Russia’s Formula One debut sets Sochi’s Olympic Park alight | Russia Beyond The Headlines

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Russia’s Formula One debut sets Sochi’s Olympic Park alight | Russia Beyond The Headlines.

Russia’s first ever Formula One Grand Prix drew plaudits for its organization and setting, with emotions running high for many fans who witnessed the spectacle at the Sochi Autodrom on Russia’s Black Sea coast on Sunday, Oct. 12. Although rookie Russian driver Daniil Kvyat failed to take the opportunity offered by his best ever qualifying position, coming in 14th despite starting fifth on the grid, the overwhelming feeling was one of positivity for the hosts of the newest addition to the Formula One calendar. Formula 1 rolls into Sochi British driver Lewis Hamilton took home the first trophy ever to be won at Russia’s F1 Grand Prix, presented to him by Russian President Vladimir Putin, while Hamilton’s Mercedes team won the trophy for best constructor.
Source: Russia Beyond the Headlines – http://rbth.co.uk/sport/2014/10/13/russias_formula_one_debut_sets_sochis_olympic_park_alight_40575.html)


Pambazuka – Russian markets attracting African exporters

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Pambazuka – Russian markets attracting African exporters.

The Russian market has always been attractive for many Western and European countries, which have exported their agricultural products including fruits and vegetables for high profits. But that has changed recently as the United States, Western and European Union members have slapped Russia with sanctions for the political developments in Ukraine, a former Soviet republic.

Russia has also imposed reciprocal sanctions and introduced restrictions on the import of certain food and agricultural products from the European Union (EU), the United States, Canada, Australia and Norway. The products include meat, fish, dairy products, fruits, vegetables, oils and other commodities.

In their recent remarks, the Prime Minister Dmitry Medvedev, Russian Agriculture Minister Nikolai Fyodorov and Economic Development Minister Alexei Ulyukayev have pointed to the possibility of finding alternative sources for the aforesaid commodities by replacing European markets with markets in other countries. Russian authorities have been looking for potential agricultural products exporters in Latin American, Asian and African regions.

South Africa, Kenya, Egypt, Tunisia and Morocco have shown their preparedness to cooperate and are still looking at the possibility to boost exports of agricultural products especially fruits and vegetables to the Russian food market to help fill in the gap after sanctions have severely limited food imports from those foreign countries…

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