Russia has excluded debt-saddled Ireland and Spain from the list of countries whose securities can be used as investment targets for Russia's sovereign wealth funds, the Finance Ministry said on Wednesday.
The Finance Ministry, which posted the respective orders on its website on Wednesday, said it had shortened the list of sovereign wealth fund investment "to reduce risks in the process of the funds' management."
Russia is allowed to make investment from the Reserve Fund, set up to cushion the federal budget against a fall in oil prices, and the National Welfare Fund, established to support the country's pension system, into sovereign bonds issued by Austria, Belgium, Great Britain, Germany, Denmark, Canada, Luxembourg, the Netherlands, the United States, Finland, France and Sweden.
MOSCOW, November 3 (RIA Novosti)
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Any anti-ISIL operation in Iraq cannot be effective unless the Islamic State is attacked in Syria. But the final statement of the Paris Conference did not mention Syria as a precaution against disunity in the coalition and with due regard for the Russian position. Professor of the Chair of Modern East Department of History, Political Science and Law in RSUH