Friday, 30 May 2025
America Age
  • Trending
  • World
  • Politics
  • Opinion
  • Business
    • Economy
    • Real Estate
    • Money
    • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion / Beauty
    • Art & Books
    • Culture
  • Health
  • Sports
  • Entertainment
Font ResizerAa
America AgeAmerica Age
Search
  • Trending
  • World
  • Politics
  • Opinion
  • Business
    • Economy
    • Real Estate
    • Money
    • Crypto & NFTs
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Travel
    • Fashion / Beauty
    • Art & Books
    • Culture
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 America Age. All Rights Reserved.
America Age > Blog > World > Board tells 3 Arizona universities to sell Russian holdings
World

Board tells 3 Arizona universities to sell Russian holdings

Enspirers | Editorial Board
Share
Board tells 3 Arizona universities to sell Russian holdings
SHARE

PHOENIX (AP) — The board that oversees Arizona’s three public universities on Monday ordered their presidents to sell any Russian investments they hold as quickly as possible because of ongoing war it is waging against Ukraine.

The Arizona Board of Regents also voted to exclude Russian investments from the board’s retirement plan.

The board condemned “in the strongest possible terms Vladimir Putin’s illegal invasion of the sovereign nation of Ukraine and apparent targeting of civilian populations,” Chair Lyndel Manson said in a statement. “With today’s action, the board repudiates Putin’s aggression and ensures Arizona’s public university enterprise divests of any Russian assets.”

The number of Ukrainians that have fled their country since Russia invaded reached 1.7 million on Monday, according to the United Nations’ refugee agency. Russia launched its invasion on Feb. 24.

Presidents of the Arizona State University, the University of Arizona and Northern Arizona University told the board they have halted programs their schools have with universities in Russia and that their foundations are selling any Russian assets they hold.

There’s not much cash invested in Russia. The ASU Foundation has about $2.3 million in Russian assets, just .05% of its portfolio. NAU’s foundation has about 40% of its assets in non-U.S. stocks, but just .01% of those were in Russian firms. And the UofA’s foundation has $25 million in emerging market funds, of which 6% is invested in Russia.

Deputy state Treasurer Mark Swenson said the state’s investments are entirely in U.S. equities. Treasurer Kimberly Yee last week asked all state vendors to stop financing any Russian oil deals.

Share This Article
Twitter Email Copy Link Print
Previous Article Climate change is like war, California’s Jerry Brown says Climate change is like war, California’s Jerry Brown says
Next Article Russia, Blocked From the Global Internet, Plunges Into Digital Isolation Russia, Blocked From the Global Internet, Plunges Into Digital Isolation

Your Trusted Source for Accurate and Timely Updates!

Our commitment to accuracy, impartiality, and delivering breaking news as it happens has earned us the trust of a vast audience. Stay ahead with real-time updates on the latest events, trends.
FacebookLike
TwitterFollow
InstagramFollow
LinkedInFollow
MediumFollow
QuoraFollow
- Advertisement -
Ad image

Popular Posts

Learn how to watch Manchester Metropolis vs. Inter Milan on-line at no cost

TL;DR: Stay stream Manchester Metropolis vs. Inter Milan within the Champions League at no cost…

By Enspirers | Editorial Board

Liam Gallagher says he hasn’t seen his brother Noel in 10 years

L-R Noel and Liam Gallagher attend the Oasis photocall in Wembley Stadium, 2008. (Getty Images)Liam…

By Enspirers | Editorial Board

The Golden Gate Bridge security internet is saving lives: ‘A symbol of care and hope’

Over the previous 20 years, roughly 30 confirmed suicides have been recorded on the Golden…

By Enspirers | Editorial Board

U.S. Accuses Russia Of Spreading ‘Absurd’ Lies To Distract From Ukraine Atrocities

The U.S. ambassador to the U.N. on Thursday accused Russia of using the United Nations…

By Enspirers | Editorial Board

You Might Also Like

Trump will get tariff reprieve as he prepares Oval Workplace goodbye to Musk – US politics dwell
World

Trump will get tariff reprieve as he prepares Oval Workplace goodbye to Musk – US politics dwell

By Enspirers | Editorial Board
Rachel Reeves set to verify more money to spend on areas outdoors south-east – UK politics dwell
World

Rachel Reeves set to verify more money to spend on areas outdoors south-east – UK politics dwell

By Enspirers | Editorial Board
Australia information dwell: Sarah Hanson-Younger says North West Shelf resolution ‘beggars belief’; states rated on vape motion
World

Australia information dwell: Sarah Hanson-Younger says North West Shelf resolution ‘beggars belief’; states rated on vape motion

By Enspirers | Editorial Board
Professional-Palestine group targets Jewish-owned enterprise in London
World

Professional-Palestine group targets Jewish-owned enterprise in London

By Enspirers | Editorial Board
America Age
Facebook Twitter Youtube

About US


America Age: Your instant connection to breaking stories and live updates. Stay informed with our real-time coverage across politics, tech, entertainment, and more. Your reliable source for 24/7 news.

Company
  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement
Contact Us
  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability
Terms of Use
  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices
© 2024 America Age. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?