Austria’s Raiffeisen Bank Suspends Euro Transfers in Russia and Neighboring Countries

Austrian banking group Raiffeisen, one of the last Western lenders remaining in Russia, announced Wednesday that it will suspend transfers of euros to banks in Russia and several other countries popular among Russian travelers. Starting July 3, Raiffeisen’s Russian subsidiary will block euro-denominated bank transfers to several former Soviet republics, including Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan, Armenia,…

Russia Bans WWF Environmental Group

Russian authorities on Wednesday labeled the World Wildlife Fund (WWF) environmental advocacy NGO an “undesirable” organization, a designation that renders all of its activities illegal in Russia. The Prosecutor General’s Office accused the Switzerland-based WWF of “threatening” Russia’s economy and “interfering” with Russia’s internal affairs as well as “financing” the activities of Russian organizations designated as “foreign…

Russian Nuclear Scientist Jailed 9 Years for Treason

A scientist at a Russian nuclear research facility in the Nizhny Novgorod region has been sentenced to nine years in prison on charges of “high treason,” local media reported Wednesday, citing law enforcement officials.  Investigators accused Viktor Ilyin — an employee at the Federal Nuclear Center in the closed town of Serov — of attempting…

Kyiv’s Allies Vow to Make Russia Pay for Ukraine Invasion

Western allies on Wednesday promised to make Russia pay for invading Ukraine as governments and private investors met to fund the country’s reconstruction from the ravages of war. The World Bank has put an estimate of $14 billion on Ukraine’s immediate needs to repair the damage caused by the bitter fighting. But a recent study by the…

Russia Buries General Suspected Killed in Ukraine – Reports

A Russian general reportedly killed in Ukraine last week was buried with military honors in St. Petersburg, local media reported late Tuesday, publishing photos of a military funeral ceremony and gravesite.  Major General Sergei Goryachev’s funeral was said to have taken place on Sunday, reported the local Fontaka news outlet, noting a ceremony was held…

Ukraine Dam Flood Toll Hits 41 in Russia-Controlled Area

The toll from flooding sparked by a breach of a huge Ukrainian dam has risen to 41 in areas under Russian control, an official said Wednesday. “Unfortunately the number of dead has risen to 41,” said Andrei Alekseyenko, a senior official with Russian occupation authorities.   In areas under Ukrainian control, at least 16 people…

3 Drones Downed Outside Moscow Military Base

A group of drones is believed to have targeted a Russian army base outside Moscow early Wednesday, the latest in a string of attacks near the Russian capital in recent weeks, authorities and state media reported. “In the village of Kalininets today, two drones crashed at approximately 5:30 and 5:50 a.m. on approach to a…