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First Main Street, Then Siberia

Who Knew?

The financial meltdown’s farthest reaches.

Need proof that the economic crisis has gone global? Bloomberg reports that the financial meltdown has now penetrated Siberia, where Russian farmers may need to repay up to $10 billion in loans by year's end. The crunch threatens an agricultural revival whose contributions, the United Nations says, are needed to avert a world food shortage. No word yet if Sarah Palin can see signs of the shortage from her home in Alaska.

Read it at Bloomberg

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