2

Thursday, 13.02.2014.

13:41

"Serbia exports fruit to later import it at higher prices"

Serbia is spending its hard currency reserves on imports of such products as beans from Kazakhstan, Kyrgyzstan, and even Madagascar, the daily Politika writes.

Izvor: Politika

"Serbia exports fruit to later import it at higher prices" IMAGE SOURCE
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Isidor

pre 10 godina

It is unfortunate that such uncontrolled import of agricultural goods that Serbia itself can produce so difficult to jeopardize the cash balance of the country, and if they are just a little state control and greater social responsibility of all participants in the supply of goods and services, we do not spend that uzalid znajajini surplus we have in agriculture.

EU Dude

pre 10 godina

Unfortunately this is not that uncommon, vis the UK and gas. The UK's broken energy market refused to build sufficient gas storage facilities unless it was subsidised by the government. Protecting their shareholders.

When there is either an interruption of supplies (North Sea pipelines from the gas fields or from Norway), the UK has precious little available. Their solution? To store/sell the gas in French strategic gas storage facilities over the summer when gas prices are fairly relaxed (i.e. cheaper), and to BUY it back in winter when gas prices are restricted (i.e. much more expensive). Good for the shareholders again. Or, the other option which occurred last year when the UK came to within a day of running out of gas, i.e. buying gas from Qatar, expensively shipped over in huge LNG tankers and bought at a massive mark up. Either way, consumers are screwed by a markets where we are constantly being told that 'competition lowers prices'.Price-fixing, cartel behavior and deliberate obfuscation by business is far more common than most people think it is, most companies only recieve a light smack on the wrist, and usually none if they whistleblow the corruption. Globalisation has only made it much, much worse.

EU Dude

pre 10 godina

Unfortunately this is not that uncommon, vis the UK and gas. The UK's broken energy market refused to build sufficient gas storage facilities unless it was subsidised by the government. Protecting their shareholders.

When there is either an interruption of supplies (North Sea pipelines from the gas fields or from Norway), the UK has precious little available. Their solution? To store/sell the gas in French strategic gas storage facilities over the summer when gas prices are fairly relaxed (i.e. cheaper), and to BUY it back in winter when gas prices are restricted (i.e. much more expensive). Good for the shareholders again. Or, the other option which occurred last year when the UK came to within a day of running out of gas, i.e. buying gas from Qatar, expensively shipped over in huge LNG tankers and bought at a massive mark up. Either way, consumers are screwed by a markets where we are constantly being told that 'competition lowers prices'.Price-fixing, cartel behavior and deliberate obfuscation by business is far more common than most people think it is, most companies only recieve a light smack on the wrist, and usually none if they whistleblow the corruption. Globalisation has only made it much, much worse.

Isidor

pre 10 godina

It is unfortunate that such uncontrolled import of agricultural goods that Serbia itself can produce so difficult to jeopardize the cash balance of the country, and if they are just a little state control and greater social responsibility of all participants in the supply of goods and services, we do not spend that uzalid znajajini surplus we have in agriculture.

EU Dude

pre 10 godina

Unfortunately this is not that uncommon, vis the UK and gas. The UK's broken energy market refused to build sufficient gas storage facilities unless it was subsidised by the government. Protecting their shareholders.

When there is either an interruption of supplies (North Sea pipelines from the gas fields or from Norway), the UK has precious little available. Their solution? To store/sell the gas in French strategic gas storage facilities over the summer when gas prices are fairly relaxed (i.e. cheaper), and to BUY it back in winter when gas prices are restricted (i.e. much more expensive). Good for the shareholders again. Or, the other option which occurred last year when the UK came to within a day of running out of gas, i.e. buying gas from Qatar, expensively shipped over in huge LNG tankers and bought at a massive mark up. Either way, consumers are screwed by a markets where we are constantly being told that 'competition lowers prices'.Price-fixing, cartel behavior and deliberate obfuscation by business is far more common than most people think it is, most companies only recieve a light smack on the wrist, and usually none if they whistleblow the corruption. Globalisation has only made it much, much worse.

Isidor

pre 10 godina

It is unfortunate that such uncontrolled import of agricultural goods that Serbia itself can produce so difficult to jeopardize the cash balance of the country, and if they are just a little state control and greater social responsibility of all participants in the supply of goods and services, we do not spend that uzalid znajajini surplus we have in agriculture.