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11:44 PM
"Yesterday, Russian border guards celebrated their professional holiday. The fighters of the Russian Volunteer Corps congratulated them by successfully crossing the 'holey' state border once again," one of the Russian militia groups fighting on Ukraine's side said on May 29.
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6:09 PM
Russian troops hit the villages of Kozatske and Zolota Balka in Ukraine's southern Kherson Oblast on May 29, the regional administration reported. A 61-year-old man was killed in his house as a result of the Kozatske shelling, according to the report.
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3:16 PM
Russia shelled two villages in the Kupiansk district of Kharkiv Oblast on May 29, injuring at least seven people, including the elderly, children, and a pregnant woman, Governor Oleh Syniehubov reported.
2:14 PM
Moldova’s President Maia Sandu warned against the dangers of Russian propaganda and disinformation in the country and proposed the creation of a new governmental body to counter this threat. The envisioned “Patriot Center” would coordinate and implement the state's strategy on combatting disinformation, Sandu said during a press conference on May 29.
10:41 AM
According to updated information by the General Staff of Ukraine's Armed Forces, Russia launched 40 cruise missiles and 38 attack drones in the overnight attack. Ukraine’s air defense successfully intercepted 30 Shahed kamikaze drones and 36 Kh-101/Kh-555 cruise missiles, the General Staff wrote.
9:32 AM
Ukraine launched an attack on Russian positions in Russian-occupied Berdiansk in the southeastern Zaporizhzhia Oblast, the exiled local authorities reported on May 29. At least five strikes were allegedly conducted on the evening of May 28, the authorities said, while local Telegram channels reported explosions near the airport.
9:08 AM
According to the report, Russia has also lost 3,801 tanks, 7,467 armored fighting vehicles, 6,207 vehicles and fuel tanks, 3,435 artillery systems, 575 multiple launch rocket systems, 331 air defense systems, 313 airplanes, 298 helicopters, 3,054 drones, and 18 boats.

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US Treasury introduces more sanctions against Russia targeting energy sector

by The Kyiv Independent news desk April 12, 2023 8:49 PM 2 min read
Janet Yellen, U.S. Treasury secretary, speaks at a Multilateral Development Bank roundtable during the spring meetings of the International Monetary Fund (IMF) and World Bank Group in Washington, DC, on April 12, 2023. (Photo by Samuel Corum/Bloomberg via Getty Images)
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The U.S. Treasury announced additional sanctions on April 12 to limit "Russia’s access to the international financial system through facilitators and their businesses."

According to the announcement, the sanctions target entities associated with Russia's defense sector and Russia’s State Atomic Energy Corporation, or Rosatom.

Among the list of individuals targeted in U.S. sanctions is Alisher Usmanov, one of Russia's wealthiest oligarchs who has investments in metals and mining, telecommunications, and information technology sectors.

Several companies, including King-Pai Technology HK Co., Limited, which is located in China, were listed for their involvement in Russian procurement and aiding in sanctions evasion.

According to the U.S. Treasury, King-Pai Technology HK Co., Limited supplies multiple entities in Russia's military-industrial complex. Several companies based in Turkey and the United Arab Emirates were also targeted.

According to the U.S. Treasury, some of the key industries used for circumventing sanctions typically include law, financial services (including wealth management), and trust and company service providers (TCSPs).

The announcement also mentions International Investment Bank (IIB), a Russia-owned bank located in Hungary that "enables Russia to increase its intelligence presence in Europe, opens the door for the Kremlin’s malign influence activities in Central Europe and the Western Balkans, and could serve as a mechanism for corruption and illicit finance, including sanctions violations."

Bulgaria, Czechia, Romania, and Slovakia ceased all cooperation with IIB following the start of the full-scale Russian invasion of Ukraine, the U.S. Treasury wrote.

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