Gov. Mike Dunleavy has joined calls from a bipartisan group of legislators for the state of Alaska to divest from Russia, calling for a wide range of actions against Russia and to welcome Ukrainian refugees after they’ve been vetted.
The Moscow Stock Exchange has been closed and trading has been limited since Russia’s invasion of Ukraine. The value of some Russian securities have plummeted to a tenth of their normal value.
Sen. Bill Wielechowski, D-Anchorage, said the governor’s response is “toothless” and Dunleavy could do more to compel the Alaska Retirement Management Board to divest. Wielechowski’s office has been compiling a list of Russian companies the Permanent Fund invests in with ties to prominent Russian oligarchs and those that may run afoul of U.S. sanctions.
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Gov. Dunleavy directs state to take steps to divest from RussiaGov. Dunleavy announced Thursday that the state will take steps to divest from Russia. “As a response to President Vladimir Putin’s war on Ukraine, we all need to do our part to support countries and people who believe in freedom,” he said in a statement.
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Gov. Dunleavy directs state to take steps to divest from Russia - Alaska Public MediaGov. Mike Dunleavy has directed state agencies to divest from Russian assets and called on state-owned corporations like the Alaska Permanent Fund Corp. to divest as well.
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Ohio Gov. Mike DeWine signs executive order banning state investments, contracts with RussiaGov. Mike DeWine signed an executive order Thursday requiring all state agencies, boards, commissions, universities and commissions to divest any money they have in Russian investments in response to Russia’s invasion of Ukraine.
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Column: Russia central bank freeze may hasten 'peak' world FX reserves: Mike DolanAn end to the era of foreign currency stockpiling may be nigh.
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Russia-Ukraine war: United Nations approves resolution condemning Putin, Russia: LIVE UPDATESThe Russian invasion of Ukraine stretched on into its seventh day Wednesday with a massive air assault on the second city of Kharkiv and forces moving toward the capital of Kyiv.
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