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The Nile crocodile and some species of hedgehog and tortoise take a break and sleep through the peak of the summer season. It’s usually called aestivation, and this bear is taking a leaf out of the other animals’ book.

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By John Helmer, Moscow It’s in the nature of arbitrage transactions that if you are buying an asset cheap, you try to avoid the risk of failing to find someone to buy dear. Naturally, noone really enjoys gambling if the risk can be avoided. The knack of Russian arbitrage is to cover that risk by […]