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.
As of Tuesday, all 31 member countries of the International Energy Agency have agreed to release 60 million barrels of oil from their strategic reserves “to send a strong message to oil markets”…