Russia divestment promises by US states largely unfulfilled

UNDATED (AP)- U.S. governors and other state officials responded to Russia’s invasion of Ukraine earlier this year with public calls to divest state pension, university and other funds from Russian assets. But doing it turns out to be nearly impossible — at least for now. The main Russian stock market was closed entirely for weeks and reopened only with major restrictions. With other markets around the world also barring trading of Russian securities, there’s no place to sell. State and investment officials say the result is that most of the pledges to drop Russian investments have gone unfulfilled six months into the war.