Thursday, January 5, 2023

Serbia President Vucic Warns Of Food And Energy Shortages In 2023 Due To Russian Sanctions

Serbian President Aleksandar Vucic 

RT: Serbia issues grim prediction for 2023  

President Aleksandar Vucic has warned of food and energy shortages due to anti-Russia sanctions 

The US, EU and China face serious economic struggles in 2023, which is shaping up to be more difficult than the previous year, Serbian President Aleksandar Vucic warned on Wednesday. 

Belgrade is trying to stock up on basic food supplies, as the world is likely to face shortages soon, he added. “I expect 2023 to be much more difficult than 2022,” Vucic told reporters in Belgrade. 

The US federal reserve has raised interest rates, “China’s growth rate has slowed, the EU is approaching a recession,” he added. “We’re a part of that chain, so that will impact us as well.”

Serbia has taken precautions to stock up on natural gas and coal, and should have some left over by the spring, Vucic said, but he is working with Hungary to “secure supplies right away for the next winter, which will be worse.”  

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WNU Editor: Serbia is not the only country stocking up on food and commodities .... China stockpiling food at historically high levels (Investment Watch).

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