ANN ARBOR, Mich. (CBS Detroit) — The University of Michigan said it was pulling its investment out of Russia amid the war in Ukraine.
The university says its ending current investment and avoiding any future endeavors in the country. Officials cite high financial risk associated with Russia.READ MORE: What Is The Best Sunscreen For Me? Environmental Working Group Releases Annual Guide
The university did not go into detail on what specific investments will be affected.READ MORE: Parole Denied For Don Miller Who Killed 4 Women In Lansing In The 1970s
In a statement on March 7, U of M President Mary Sue Coleman condemned the invasion and “the ruthless attack on freedom.”
“The grief, anger and hurt are devastating, and I feel such sorrow for the many members of our community whose loved ones and communities are in harm’s way,” Coleman said, adding support for Ukraine.MORE NEWS: Michigan Court Seeks More From Whitmer About Abortion Ban Challenge
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