The United States will impose sanctions on over 500 targets on Friday in action marking the second anniversary of Russia's invasion of Ukraine, Deputy US Treasury Secretary Wally Adeyemo told Reuters on Thursday.The action, taken in partnership with other countries, will be targeted at Russia's military industrial complex as well as companies in third countries that help facilitate Russia's access to goods it wants, Adeyemo said, as Washington seeks to hold Russia to account over the war and the death of opposition leader Alexei Navalny.

Hungary will sign a defense industry deal with Sweden, Prime Minister Viktor Orban said ahead of a meeting with Swedish Prime Minister Ulf Kristersson in Budapest later on Friday, as Hungary prepares to ratify Sweden's NATO bid."We will close all pending issues, and we will sign a defense industry deal, a serious one considering Hungary's size, and we will also lay down some decisions or ... goals about military cooperation," Orban told state radio.