Federal Home Loan Bank System Provides Billions to Banks
Bloomberg Businessweek
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Saudi Arabia's Commitment to Cut 500,000 Barrels a Day Is a Gift to Russia
It wouldn't surprise me if Saudi Arabia follows through. The bigger picture here is whether Russia will follow through on its commitment to cut 500,000 barrels a day because they were supposed to do this. I'm not sure we're seeing any kind of gasoline or oil shortages in Russia proper.
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