New York State to stop doing business with Russia, Hochul says
Source: NY Daily News
New York will no longer do business with companies headquartered in Russia or run by Moscow, Gov. Hochul said Sunday. The move is a way for New York to wield its clout in a show of solidarity with Ukrainians as Russias invasion of their country entered its fourth day, she said.
As the 10th largest economy in the world larger than Russia we realize the unique power that we have to join President Biden in economic sanctions, as well as to look at exactly our operations, Hochul said at an Albany press conference. We are no longer going to allow New York State business to be transacted with Russian entities she said.
Hochul signed an executive order to review all state purchases and investments, seizing the ones in Putins hands, while noting that New York is home to the largest Ukrainian population in the U.S.
She also promised to work with state Comptroller Tom Di Napoli on divesting funds from Russian businesses.
Read more: https://www.nydailynews.com/news/politics/ny-new-york-stop-business-with-russia-hochul-says-20220227-3qznkipzgvcifiq2zooakpdr5i-story.html
SheltieLover
(57,073 posts)AntiFascist
(12,792 posts)or even better, sell them and give the funds to help support Ukrainian refugees! n/t
Quakerfriend
(5,455 posts)I wonder where Deripaska is hiding
Cheezoholic
(2,042 posts)they would do that to the trumpian welfare states here
Leghorn21
(13,527 posts)Every little dollar that doesn't go to vlad and his over-stuffed mobster pals is money well spent!!
MerryBlooms
(11,773 posts)They get from Russia. Would be great if this sanction also hit Trump.
electric_blue68
(14,956 posts)Wow, 10th largest economy in the world!?
Didn't know we were that big! 👍
We got some CLOUT, baby!