GR Invest is advising our investors to sell and stay away from the food sector, including both producers and retailers. This change to a solid and growing sector happens after the government “suggested” retailers and producers freeze prices to help contain prices after the election. Firstly, we feel some of the price increase has resulted from increased global demand, which can not be helped, but the real cause of inflation is the lack of supply that is being created and government interference rather than a developing economy. Russian agriculture produces less today than it did under Soviet times with old technology, this is an indication to you how bad things have gotten, but also how much potential there is. What is needed is the facilitation of investment, massive corporate investment from abroad and perhaps tax breaks and subsidies to help domestic producers. On the retailing end, all that is needed is for local and federal authorities is to get out of the way. These might sound simplistic solutions, and they are for I don’t have the space to delve deeper into this complicated issue. I would like to leave you with the thought this is not only a solvable problem, but an opportunity for Russia to become an efficient world leader in agriculture and food production, not only able to feed itself, but much of the growing world.