World Business Chicago to Suspend Relationship With Moscow Amid Russia-Ukraine Conflict, Lightfoot Announces

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World Business Chicago will suspend its relationship with Moscow, Mayor Lori Lightfoot announced Tuesday, in light of events escalating surrounding the Russia-Ukraine crisis.

Chicago"needs to go further in its definitive actions against Russia," Lightfoot said in a statement released Tuesday afternoon.

"While this is not a decision I enter into lightly, we must send an unambiguous message: we strongly condemn all actions by the Putin regime. This suspension will be upheld until the end of hostilities against Ukraine and the Putin regime is held accountable for its crimes. We must continue to support freedom-loving people everywhere and ordinary Russians in their desire to be free," Lightfoot said in the statement.

from their strategic reserves “to send a strong message to oil markets” that there will be “no shortfall in supplies” as a result of Russia’s invasion of Ukraine. The IEA board made the decision at an extraordinary meeting of energy ministers chaired by U.S. Energy Secretary Jennifer Granholm. Besides the United States, other members of the organization include Germany, France, the United Kingdom, Japan and Canada.

Granholm said in a statement that President Joe Biden approved a commitment of 30 million barrels and that the U.S. is ready to “take additional measures” if needed.

 

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