Don't buy Russian stocks, White House says in Crimea dispute


WASHINGTON (Reuters) - In an unusual move, the White House on Tuesday recommended that investors avoid Russian stocks as the political rhetoric heated up in the dispute over Moscow declaring Ukraine's Crimean peninsula part of Russia.

"I wouldn't, if I were you, invest in Russian equities right now, unless you're going short," White House spokesman Jay Carney said, half smiling, at a press briefing.

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