New York’s pension systems want to dump nearly $300 million invested in the Moscow stock market, but can’t.
New York’s pension systems want to dump nearly $300 million invested in the Moscow stock market, but can’t because Russia has blocked foreigners from selling shares.
“A vicious and unjust war continues to be waged on Ukraine, driving deaths, destruction and displacement of civilians. New Yorkers remain steadfast in solidarity with Ukrainians here in our city and abroad,” city comptroller Brad Lander, who oversees the pension systems, said in a statement. Of the city’s money locked into Russian companies, the Teachers Retirement System holds the most – $90 million, followed by the Police Pension Fund ; NYCERS, whose members include correction, clerical and sanitation workers ; the NYC Fire Pension Fund ; and the Board of Education Retirement System, .
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ukraine says Moscow is forcibly taking civilians to RussiaUkraine accused Moscow on Thursday of forcibly taking thousands of civilians from the shattered port city of Mariupol to Russia so that they can be used as “hostages” to pressure Kyiv to give up.
Read more »
Ukraine says Moscow is forcibly taking civilians to RussiaUkraine accused Moscow on Thursday of forcibly taking hundreds of thousands of civilians from shattered Ukrainian cities to Russia, where some may be used as “hostages” to pressure Kyiv to give up.
Read more »
Moscow accused of forcibly removing civilians to RussiaUkraine has accused Russia of forcibly relocating hundreds of thousands of civilians to Russia from devastated Ukrainian cities. Ukrainian officials allege that Moscow wants to use them as “hostages” to pressure Kyiv to give up.
Read more »