Seafood Industry Braces for Losses of Jobs, Fish Due to Sanctions on Russia

  • 📰 nbcsandiego
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

The global seafood industry is preparing for disruption due to new sanctions on Russia.

In the U.K., where fish and chips are a cultural marker, shop owners and consumers alike are bracing for price surges. British fish and chip shops were already facing a squeeze because of soaring energy costs and rising food prices.

“We’re a massive part of U.K. culture and it would be a shame to see that go,” he told broadcaster ITV. “Because seafood is a global commodity, even if they are not harvested in Russia, you will notice the price hike,” Tokunaga said. Seafood processors in Massachusetts are concerned about job losses due to the loss of Russian products, Democratic U.S. Sen. Ed Markey, who does support sanctions on Russia, said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Got seafood last week. Lobster

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 524. in BUSİNESS

Business Business Latest News, Business Business Headlines