Florida pension fund stuck with $300m in Russian investments | app

$300 million slice of Florida’s nearly $200 billion public pension portfolio is being invested in Russian companies, even as the pariah nation faces mounting charges of genocide and other war crimes in Ukraine.

Democrats want Florida to divest of that tiny portion of the fund, arguing that state leaders should act quickly to get rid of Russian investments. Florida’s holdings include Russian oil producers, mining companies and the nation’s largest bank, according to a study in late January.

This page requires JavaScript.

Javascript is required for you to play premium content. Please enable it in your browser settings.

[email protected]:52’D 49:67 :?G6DE>6?E @77:46C D2JD E96 DE2E6’D 92?5D 2C6 E:65 3642FD6 #FDD:2 92D [email protected] >2C

kAm~77:4:2=D:? ad DE2E6D 92G6 :DDF65 @C56CD [email protected] 5:G6DE 2?J #FDD:2?96=5 :?G6DE>6?ED @C 6I2>:?6 #FDD:2? :?G6DE>6?ED[ [email protected]:?8 [email protected] $E2E6D:56[ 2 [email protected]?>6?E [email protected]?DF=E:?8 7:C> E92E EC242

kAm(9:=6 [email protected]:52 92D [email protected] >@G65 [email protected] 5:G6DE[ =2H>2<6CD 5:5 @C56C 2 C6G:6H @7 DE2E6 [email protected]?EC24ED [email protected] 4964< [email protected] 2?J E2IA2J6C [email protected]==2CD E92E [email protected]=5 36 [email protected]:?8 [email protected] #FDD:232D65 3FD:?6DD6D] %96 7:?5:?8D >FDE 36 [email protected] [email protected] E96 {68:D=2EFC6 3J s64 `]k^Am

kAm”i (9J 😀 [email protected]:52 :?G6DE:?8 😕 #FDD:2nk^Am

kAm$62? $?2:E9[ 2? [email protected][email protected]>:DE 2E E96 &?:G6CD:EJ @7 r6?EC2= [email protected]:52[ D2:5 :E’D “DE2?52C5 @A6C2E:?8 [email protected][email protected] =2C86 AF3=:4 A6?D:@? 7F?5D [email protected] :?G6DE 😕 “6>6C8:?8 >2C<6ED” 2D 2 H2J [email protected] 5:G6CD:7J[ H9:49 :?4=F56D :?G6DE>6?ED 😕 #FDD:2 [email protected] E96 H2C]k^am

kAm”xE 😀 2 AC6EEJ D>2== A6C46?E286 @G6C2==[” $?2:E9 D2:5] “yFDE 2D >FEF2= 7F?5D @C A6?D:@? 7F?5D H:== 5:G6CD:7J [email protected] 2 [email protected] @7 E96 [email protected][email protected]>JH:E9: ? 2 8:G6? [email protected]?ECJ[ E96J [email protected] 5:G6CD:7J [email protected] [email protected]?EC:6D] xE 😀 2 H2J @7 >:E:82E:?8 [email protected]?ECJDA64:7:4 C:D>@? AC24E:46]”k^Am

kAm%96 $E2E6 [email protected] @7 p5>:?:DEC2E:@?[ H9:49 😀 😕 492C86 @7 E96 DE2E6’D C6E:C6>6?E 7F?5D[ 92D [email protected] Sb__ >:==:@? 😕 #FDD:2? :?G6DE>6?ED @FE @7 S`hd 3:==:@? 😕 2DD6ED[ s6??:D |24z66[ E96 [email protected]’D [email protected]<6D>2?[ D2:5 [email protected]=J 27E6C E96 H2C DE2CE65 😕 =2E6 u63CF2CJ]k^am

kAm%96 G2=F6 @7 [email protected] :?G6DE>6?ED 92D =:J]k^Am

kAm|24z66 5:5 [email protected] 92G6 2? 6DE:>2E6 @7 H92E E96 #FDD:2? :?G6DE>6?ED 2C6 [email protected] [email protected]]k^Am

kAm”i r2 ? [email protected]:52 5:G6DEnk^Am

kAm$6G6C:?8 [email protected]:52’D 7:?2?4:2= E:6D H:E9 #FDD:2 😀 [email protected]>A=6I[ $?2:E9 D2:5]k^am

kAm#FDD:2’D [email protected]?286CD 2C6 “F?23=6 [email protected] =:BF:52E6 6G6?:7 E96J H2?E65 [email protected][” $?2:E9 D2:5]k^am

kAm{2>2C %[email protected][ E96 $E2E6 [email protected] @7 p5>:?:DEC2E:@?’D :?E6C:> 6I64FE:G6 5:[email protected] 2?5 49:67 :?G6DE>6?E @77:46C[ D2:5 2E 2 [email protected]:52 r23:?6E >66E:?8 @? |2C49 ah E92E #FDD:2’D 6BF:EJ >2C<6ED 92G6 366? D9FE [email protected] [email protected]:8? :[email protected] D:?46 u63] ad]k^Am

kAm“x7 H6 H6C6 [email protected] [email protected] 5:G6DE [email protected] ]]]6G6? :7 H6 [email protected]=5 ]]]E96 @?=J E9:?8 E92E [email protected]=5 [email protected] [email protected]=5 36 [email protected] 6?DFC6 2 C62=:K65 [email protected] [email protected] E96 [email protected]:52 #6E:C6>6?E $JDE6> 567:?65 36?67:E A6?D:@? A=2?[” %[email protected] D2:5] “%92E: 2? @[email protected]>6 E92E H6 2C6 D66<: e>:E:82E6 3J E2<:>@C6 56=:36C2E:G6 [email protected] 2?5 >2<: dfc6 e92e>2?286CD 2C6 24E:?8 2D 2 7:5F4:2CJ:? E96 36DE [email protected][email protected]>:4 :?E6C6DED @7 E96 A=2?]”k^Am

kAm%[email protected] D2:5 9:D 286?4J 😀 [email protected]>A=J:?8 H:E9 2== &]$]D2?4E:@?D]k^Am

kAm%96 $E2E6 [email protected] @7 p5>:?:DEC2E:@? 😀 @G6CD66? 3J E9C66 ECFDE66D 6=64E65 3J [email protected]:52 [email protected] [email protected]]#@? s6$2?E:D[ r9:67 u:?2?4:2= ~77:46C y:>>J [email protected]?:D 2?5 [email protected]?6J v6?6C2= pD9=6J |@@5J]k^am

kAmsFC: 8 E96 r23: 6E >66E: 8[ s6$2?E:D 2D<65 %[email protected] :7 :E [email protected]=5 G:@=2E6 E96 DE2E6 [email protected] @7 p5>:?:DEC2E:@?’D 7:5F4:2CJ 5FE:6D “:7 [email protected] =:BF:52E65 2E >2DD:G6 [email protected] [email protected] [email protected]=:E:42= [email protected]?D[ C2E96C E92? [email protected] E96 36DE :?E6C6DE @7 E96 36?67:4:2C:6D]”k ^ Am

kAm%[email protected] D2:5 :[email protected]=5]k^Am

kAms6$2?E:D DF886DE65 E96 {68:D=2EFC6 >2J 24E [email protected] [email protected]:56 [email protected]=:4J 5:C64E:@? [email protected]@:5:?G6DE:?8:? [email protected]?EC:6D [email protected]:[email protected]&]$]:?E6C6DED H96? DE2E6 #6A]!2F= #6??6C [email protected]>6D [email protected] DA6236C 6=64E:@?D]k^Am

kAm”i (92E 2C6 s6>@4C2ED D2J :?8nk^Am

kAms6>@4C2ED CF??:?8 [email protected] [email protected][email protected] D2J [email protected]:52 [email protected]=5 24E >@C6 [email protected] AF?:D9 #FDD:2? !C6D:56?E ‘=25:>:C !FE:? 3J 2E =62DE 2EE6>AE:?8 [email protected] AF== E96 DE2E6’D:?G6DE>6?ED]k^Am

kAm“[email protected]?2E6=J[ H6 92G6 2 [email protected][email protected] [email protected] H2D [email protected] [email protected] C624E [email protected] E96 :?G2D:@?[ [email protected] [email protected] [email protected]?56>? !FE:? 2?5 92D 366? G6CJ [email protected] @? #FDD:2[” D2:5 }:<<: uC:65[ E96 DE2E6’D 28C:4F=EFC6 [email protected]>>:DD:@?6C 2?5 @?=J DE2E6H:566=64E65 s6>@4C2E]k^am

kAm$96 25565[ “[email protected]:52 92D 2 [email protected]?D:3:=:EJ [email protected] E96 [email protected]=6 @7 @FC DE2E6 [email protected] DE2?5 😕 [email protected]=:52C:EJ H:E9 E96 7:89E [email protected] 2 s6>@4C24J]”k ^ Am

kAm&]$]#6A]r92C=:6 rC:DE 2?5 DE2E6 $6?]p??6EE6 %[email protected][ [email protected] @E96C s6>@4C2ED CF??:?8 [email protected] [email protected][email protected][ 92G6 [email protected] 42==65 [email protected] [email protected]:52 [email protected] 5:G6DE]k^am

kAmuC:65 D2:5 D96 E9:?@C6 [email protected]=[ 4:E:?8 E96 DE2E6’D DE2?46 @? r9:?2]k^am

kAmx? s646>36C[ s6$2?E:D 2?5 @E96C #6AF3=:42? =6256CD @C56C65 2? 2F5:E @7 E96 DE2E6’D :?G6DE>6?ED 😕 r9:?2 E92E [email protected]=5 =625 [email protected] 5:G6DE>6?E] X? 2?6HD C6=62D6[ s6$2?E:D D2:5 E96 “[email protected]>>F?:DE !2CEJ @7 r9:?2 😀 [email protected] 2 G69:4=6 E92E H6 H2?E [email protected] 36 6?E2?8=65 H:E9]”k ^ Am

[email protected]:52 =2H>266E [email protected] 2 DA64:2= =68:D=2E:G6 D6DD:@ ? [email protected]> pAC:= `haa[ 3FE E96 DE2E6’D #FDD:2? :?G6DE>6?ED 2C6 [email protected] @? E96 286?52]k^am

kAm”i (92E 2C6 [email protected]:52’D #FDD:2? [email protected]=5:?8Dnk^Am

kAmw6C6 2C6 [email protected]:52’D [email protected]=5:?8D E92E “C6AC6D6?E65 E96 G2DE >2;@C:EJ @7 E96 [email protected] [email protected] #FDD:2? :?G6DE>6?ED 2E E96 6?5 @7 y2?F2CJ[” [email protected]:?8 [email protected] E96 $E2E6 [email protected] @7 p5>:?:DEC2E:@?]k^am

kAm—36C32$?[ >2;@C:EJ [email protected]?65 32?<:?8 2?5 7:?2?4:2= D6CG:46D [email protected]>A2?J 9625BF2CE6C65 😕 |@[email protected]^Am

kAm— {F<@:=[ @?6 @7 #FDD:2’D =2C86DE 6?6C8J [email protected]^Am

kAm— }@C?:4<6=[ @?6 @7 E96 [email protected]=5’D =2C86DE [email protected] @7 ?:4<6= 2?5 A2==25:F> 2?5 2 >2;@C [email protected] @7 [email protected] 2?5 A=2E:?F>k^Am

kAm— [email protected]=J>6E2= x?E6C?2E:@?2=[ 2 [email protected]`_ [email protected]= [email protected]=5 [email protected] 2?5 [email protected]:G6 [email protected]= D:=G6C [email protected]^Am

kAm— #@D?67E[ 2 [email protected][email protected]==65 @:= 8:2?Ek^Am

kAm— |28?:E[ @?6 @7 #FDD:2’D =2C86DE [email protected] 492:?Dk^Am

kAm— w625wF?E6C[ 2? @?=:?6 ;@3 C64CF:E>6?E [email protected]>k^Am

kAm— [email protected]?[ 2? [email protected]>>6C46 [email protected]>k^Am

kAm— }@[email protected]=:A6ED< $E66=[ @?6 @7 #FDD:2’D =2C86DE DE66= [email protected]^Am

k9C ^m

kAm©a_aa [email protected] $6?E:?6=] ‘:D:E 2E k2 9C67lQ9EEADi^^HHH]@[email protected]?E:?6=][email protected]>[email protected][email protected]?E:?6=][email protected]>k ^2m]s:DEC:3FE65 3J %C:3F?6 [email protected]?E6?E p86?4J[ {{r]k^am

Dolores W. Simon