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In Soviet Russia, Agencies Buy You

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Well, someone over there is thinking. The motherland believes it has seen quite enough of agency shenanigans, thank you very much. There will be no more of that nonsense on Putin's watch. Now let's have no more of this so we can get back to imprisoning oligarchs and lacing reporters' tea with lethal doses of radioactive material.

Russia banned investment of its $83.7 billion National Wealth Fund in bonds issued by foreign government agencies such as Fannie Mae (FNM.N) and Freddie Mac (FRE.N), the Finance Ministry said on Thursday.
The ministry said earlier on Thursday it had also banned investment of its $136.3 billion Reserve Fund in foreign government agencies' bonds.

Russia bans Nat'l Wealth Fund investment in agencies [Reuters]


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