US threatens EU bank with sanctions – media

Washington has reportedly warned Austria’s banking giant Raiffeisen over its operations in Russia Austria’s Raiffeisen Bank International, the biggest foreign lender in Russia, risks “being cut off from the US financial system” if it is found to have helped fund Russia’s military, according to the US Treasury  Department, as cited by Reuters.

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EU member to block sanctions on Russian nuclear industry – PM

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South Korea ‘lacks’ military readiness – president

On Monday, North Korean drones intruded into the South’s airspace, violating it for hours, Seoul has claimed The readiness posture and training of the South Korean military had been “greatly lacking,” as evidenced by a recent incursion of North Korean drones, President Yoon Suk-yeol assessed during a cabinet meeting.

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