How to Make Russia Bleed

How to Make Russia Bleed

The only way to move Moscow from its disastrous policy, in the 1980s and today, has been to bleed it. Ratchet up the cost to the Russian people, economically, politically, and, yes, in body bags holding Russian troops (not civilians). In addition to sanctions and other measures the Biden administration has enacted, we need to increase the pain to Moscow on the ground by stepping up economic warfare, psychological operations, and robust covert military support to the Ukrainian insurgency.

After 92 Years, Exxon Is Booted from the Dow Jones Industrial Average: A Nod to Sustainable Energy?

After 92 Years, Exxon Is Booted from the Dow Jones Industrial Average: A Nod to Sustainable Energy?

Yesterday, S&P Dow Jones Indices made the stunning announcement that Exxon Mobil, which has been in the Dow Jones Industrial Average for 92 years, will be replaced in the index before trading begins next Monday, August 31, by Salesforce, a company that went public in 2004. (Exxon Mobil became a component of the Dow in 1928 under the name Standard Oil of New Jersey.)

Two other companies are also being replaced in the Dow before trading begins on Monday. The biotech company, Amgen, will replace the more traditional pharmaceutical company, Pfizer. Industrial technology products company, Honeywell International, will replace Raytheon Technologies.

Related:

Pfizer Got Kicked Off the Dow Just as Things Were Looking Up