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The ban, due to start on May 20, will include catalysts for oil refining, control devices for machine tools, 3D printers, and spare parts for quantum computing, slowing down Russia's advance in this field.

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10:35 PM

Hungary loses out on about $1 billion in EU aid.

The aid package was conditional on Hungary implementing reforms to bring the country into compliance with EU standards by the end of 2024. Budapest failed to meet the requirements, a European Commission spokesperson said.
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