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by CareXO.com category: Cause
(VIDEO) Russia Day 2012 on Wall Street: http://www.youtube.com/watch?v=xwT2aU95_JA
Despite global shock and outrage over Russia's brutal crackdown on its LGBT community, the New York Stock Exchange is hosting a "Russia Day" this Monday to encourage American businesses to invest in Russia. American money should not be supporting a country that is terrorizing its gay community.
The New York Stock Exchange is lending their credibility to the
effort to entice American investors into investing in the Russian economy. On
November 18, 2013, the NYSE will host Russia Day, when leading Russian
government officials — some of them the very architects of Russia's homophobic
law banning any gay-positive speech and tacitly encouraging violence against
LGBT Russians — will ring the closing bell at the stock exchange, to sickening
applause from NYSE traders.
It is shocking that the NYSE is calling for investment in Russia. As was
done to combat South Africa's apartheid, the call to Americans of conscience
should be to divest from Russia, not invest. The NYSE must cancel their Russia
Day activities to send a warning to Russian government officials that Russia's
abuse of basic human rights is bad for business.
We’ve already seen pressure work. After hundreds signed a
petition urging the American Bar Association to not support an event calling
for business investment in Russia, they listened. And law firm Goodwin Procter
backed out of hosting an event for Russian business leaders after they were
pressured to condemn Russia's anti-LGBT laws. I know if the NYSE hears from
enough of us, they’ll listen too, and send a message to Russian business
leaders and officials that Russia won’t receive the world’s business until the
country stops brutalizing LGBT people.
Until Russia ends its brutal crackdown on LGBT people —
including officially sanctioned kidnapping, torture, and rape of gay youth and
severe laws prohibiting any expression of support for LGBT rights — Russia must
be challenged, not financially supported.
The mission of The CareXO Foundation is a social charity which develops programs centered on community awareness and support around health, education, HIV/AIDS, and LGBT equality.