9Mon·

The United States have Austria and the Raiffeisen Bank International ($RBI (+0.78%) ) have issued an urgent warning about the potential risks associated with their business in Russia associated with their business in Russia.


This step comes as part of an increased enforcement of sanctions by the USA. In particular, it emphasizes that banks must take measures to protect themselves from trading activities that are linked to the military-industrial
complex
of Russia military-industrial complex.


Otherwise, there is a risk that they will be cut off from the US financial system from the US financial system.

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2 Comments

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So once again blackmail - the Yanks are good at that😄
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Hopefully the alarm bells are slowly ringing in Austria. As far as the proximity to Russia is concerned, you can see the common heritage with Hungary. Both governments tick in a similar way.
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