Thursday, April 26, 2007

Russia to invest oil revenues in shares

"Billions of Russian petrodollars are set to be invested in shares of international companies for the first time, boosting Russia’s presence in financial markets."

FT.com / World - Russia to invest oil revenues in shares


Gee, I wonder if the cash will wind up in any U.S. companies? Again, the war is/was about keeping oil as the world's number one energy source at the top spot. All we're doing by going along with this war, and lambasting people interested in green energy technology as hippies, is keeping the price of crude high and putting money in the pockets of increasingly totalitarian regimes.

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