Europe, Government, OREGON

Oregon will divest Russian investments, Treasurer Read says

State Treasurer Tobias Read announced Thursday that Oregon will dispose of its investments with the Russian government and Russian companies. (Oregon State Treasury)

Oregon will dispose of about $137 million invested with the Russian government and Russian companies over the country’s invasion of Ukraine, state Treasurer Tobias Read announced Thursday. 

The money is tied up in Russian bonds, public equity and currency and with Russian companies represents about 1/10th of 1% or the $135 billion in total funds administered by the state treasury, a spokeswoman said.

Read’s . . .

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