Russia moves to shelter banks funding arms makers from sanctionsMOSCOW (Reuters) - Russia has proposed ending the publication of the names of banks which finance Russian state-controlled arms producers, in a possible sign that Moscow is preparing for new U.S. sanctions. The draft law would, if adopted, mean the Russian central bank no longer has to publish a list of banks dealing with the arms industry, which included eight lenders as of Oct. 1. Russia s government and the president would be able to include any banks they wanted to in such deals and would no longer publish the criteria for their involvement. Under current regulations only state-controlled or central bank-controlled lenders with capital of not less then 100 billion rubles ($1.7 billion) may get such contracts. Russian President Vladimir Putin chaired a meeting on Tuesday to discuss building up the country s military. The U.S. State Department last month named 39 Russian defense and intelligence-related entities following the signing in August of a new sanctions law by President Donald Trump to punish Moscow after U.S. intelligence agencies concluded it meddled in the 2016 U.S. presidential election, allegations the Kremlin has repeatedly denied.  The U.S. law calls on the president to impose sanctions on anyone he identifies as having engaged  in a significant transaction with a person that is part of, or operates for or on behalf of, the defense or intelligence sectors  of the Russian government.. The action does not itself impose new sanctions, and determinations will be made on a case by case basis, State Department officials said in October. Banks on the list include state-controlled majors Sberbank, VTB and Russian Agriculture Bank, along with private-owned Rossiya and Gazprombank, in which gas producer Gazprom holds a stake. Sberbank has proposed establishing a special bank to finance Russia s military industry as a means of side-stepping the sanctions, three sources familiar with the talks told Reuters. Sberbank declined to comment. worldnews
russia moves shelter banks funding arms makers sanctionsmoscow reuters russia proposed ending publication names banks finance russian arms producers possible sign moscow preparing new sanctions the draft law would adopted mean russian central bank longer publish list banks dealing arms industry included eight lenders russia government president would able include banks wanted deals would longer publish criteria involvement under current regulations central lenders capital less billion rubles billion may get contracts russian president vladimir putin chaired meeting tuesday discuss building country military the state department last month named russian defense entities following signing august new sanctions law president donald trump punish moscow intelligence agencies concluded muddled presidential election allegations kremlin repeatedly denied the law calls president impose sanctions anyone identifies engaged significant transaction person part operates behalf defense intelligence sectors russian government the action impose new sanctions determinations made case case basis state department officials said october banks list include majors sberbank tb russian agriculture bank along russia gazprombank gas producer gazprom holds stake sberbank proposed establishing special bank finance russia military industry means sanctions three sources familiar talks told reuters sberbank declined comment worldnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: Russia moves to shelter banks funding arms makers from sanctionsMOSCOW (Reuters) - Russia has proposed ending the publication of the names of banks which finance Russian state-controlled arms producers, in a possible sign that Moscow is preparing for new U.S. sanctions. The draft law would, if adopted, mean the Russian central bank no longer has to publish a list of banks dealing with the arms industry, which included eight lenders as of Oct. 1. Russia s government and the president would be able to include any banks they wanted to in such deals and would no longer publish the criteria for their involvement. Under current regulations only state-controlled or central bank-controlled lenders with capital of not less then 100 billion rubles ($1.7 billion) may get such contracts. Russian President Vladimir Putin chaired a meeting on Tuesday to discuss building up the country s military. The U.S. State Department last month named 39 Russian defense and intelligence-related entities following the signing in August of a new sanctions law by President Donald Trump to punish Moscow after U.S. intelligence agencies concluded it meddled in the 2016 U.S. presidential election, allegations the Kremlin has repeatedly denied.  The U.S. law calls on the president to impose sanctions on anyone he identifies as having engaged  in a significant transaction with a person that is part of, or operates for or on behalf of, the defense or intelligence sectors  of the Russian government.. The action does not itself impose new sanctions, and determinations will be made on a case by case basis, State Department officials said in October. Banks on the list include state-controlled majors Sberbank, VTB and Russian Agriculture Bank, along with private-owned Rossiya and Gazprombank, in which gas producer Gazprom holds a stake. Sberbank has proposed establishing a special bank to finance Russia s military industry as a means of side-stepping the sanctions, three sources familiar with the talks told Reuters. Sberbank declined to comment. worldnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: russia moves shelter banks funding arms makers sanctionsmoscow reuters russia proposed ending publication names banks finance russian arms producers possible sign moscow preparing new sanctions the draft law would adopted mean russian central bank longer publish list banks dealing arms industry included eight lenders russia government president would able include banks wanted deals would longer publish criteria involvement under current regulations central lenders capital less billion rubles billion may get contracts russian president vladimir putin chaired meeting tuesday discuss building country military the state department last month named russian defense entities following signing august new sanctions law president donald trump punish moscow intelligence agencies concluded muddled presidential election allegations kremlin repeatedly denied the law calls president impose sanctions anyone identifies engaged significant transaction person part operates behalf defense intelligence sectors russian government the action impose new sanctions determinations made case case basis state department officials said october banks list include majors sberbank tb russian agriculture bank along russia gazprombank gas producer gazprom holds stake sberbank proposed establishing special bank finance russia military industry means sanctions three sources familiar talks told reuters sberbank declined comment worldnews