Moscow’s food ban could cost EU $16bn, spark crisis in Europe

RT.com - Russia’s ban on agricultural food imports could cost the European Union about $16 billion (12 billion euro) and drag the continent into the crisis, officials warn.

The Russian government signed a decree on Thursday which bans the import of beef, pork, poultry, meat, fish, fruits and vegetables, cheese, milk, and dairy products from the EU, US, Australia, Canada, and Norway.  Read more.