Joe.My.God. LGBT News
Miami’s ABC News affiliate reports:
In the intervening months since Russia invaded Ukraine, oil prices have risen, inflation has increased, and the state of Florida has reportedly lost millions due to investment in Russia. Even before the losses, Florida Democrats had urged the state to divest itself from the money it’s invested in Russian companies.
Now, Democrat Andrew Learned (D-Brandon) says the state’s pension fund has lost $200 million from its investments in Russia, following sanctions on the country due to the war. The state reportedly has $300 million invested in Russia-based companies.
The document reports the state pension fund had lost $200,722,906.45 in assets invested in Russian companies.
Read the full article.
Receipts: https://t.co/RK7GpYMdPd https://t.co/MDQVMRMeIw
— Rep. Andrew Learned (@AndrewLearned) May 3, 2022
Going into the quarter, Florida INCREASED it’s holdings in Russia from June to December during the runup to war, then we lost nearly everything.
At the same time, a fraction of a percent of that $300m was invested in neighboring #Ukraine. Just $80k.
— Rep. Andrew Learned (@AndrewLearned) May 3, 2022
Ron DeSantis has no problem raising the property taxes of Orange County residents by 25%, but refuses to divest Florida’s pension from Russia.
His priorities are simply not in the interest of Florida.
— Nikki Fried (@NikkiFried) April 23, 2022
In just 4 months, @GovRonDeSantis has:
– Banned textbooks
– Hijacked the drawing of fair congressional districts
– Restricted a woman’s right to choose
– Prohibited saying gay in the classroom
– Failed to divest millions from RussiaFlorida can’t afford four more years.
— Charlie Crist (@CharlieCrist) April 22, 2022
Florida's pension fund has lost $200 million from its Russian investments due to war sanctions, according to a Tampa Bay lawmaker.
The state reportedly has $300 million invested in Russia-based companies. @WFLASam reports: https://t.co/ufmA8BY071
— WFLA NEWS (@WFLA) May 4, 2022