The Russian president has commented on Latvia’s announced deportation of pensioners Deportations of ethnic Russians, in many cases elderly retirees, from Latvia and other Baltic states is a serious matter threatening the security of Russia, President Vladimir Putin said on Tuesday.

Financial transactions are a matter for the companies involved and not for the government, presidential spokesman Dmitry Peskov has said The issue of compliance with US sanctions by Chinese banks falls outside the purview of the Kremlin, presidential spokesman Dmitry Peskov told reporters on Tuesday.

The US has approved imposing secondary sanctions on institutions found aiding Moscow Chinese state-owned banks are tightening controls on servicing Russian clients after the US approved secondary sanctions on financial institutions found aiding Russia’s military-industrial complex, Bloomberg reported on Tuesday, citing people familiar with the matter.