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Ryuu96 on 16 January 2024
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China's state-owned banks are tightening curbs on funding to Russian clients after the US authorized secondary sanctions on overseas financial firms that aid Moscow's war effort in Ukraine, people familiar with the matter said.

At least two banks ordered a review of their Russian business in recent weeks, focusing on cross-border deals, said the people, asking not to be identified discussing a private matter. Banks will sever ties with clients on the sanctions list and will stop providing any financial services to the Russian military industry regardless of the currency or the location of the transactions, said the people.

China Banks Tighten Curbs on Russia After US Sanctions Order - Bloomberg

According to Tagarev, the country's defense industry operates virtually around the clock, and a significant portion of this production goes to Ukraine, either directly or through third parties.

In addition, by the decision of the parliament, Bulgaria has provided Ukraine with over 800 armored personnel carriers and is conducting several training programs, Tagarev revealed.

Bulgarian Defense Minister States Majority of Military-Industrial Production Goes to Ukraine | RBC-Ukraine

Brussels is conducting an audit of how much weaponry EU member states have provided to Ukraine since Russia's full-scale invasion of the country, in response to claims that some capitals have failed to send as much as they could.

The audit will rely on submissions from member states in response to requests from the EEAS — which has already met resistance from some countries reluctant to provide complete data, according to one of the diplomats.

Brussels Audits EU States’ Arms Supplies to Ukraine

The seventh Russian airline plane in a week has broken down during a flight

The Moscow Times