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  • MIL-OSI Banking: W&T Offshore Announces Timing of Second Quarter 2025 Earnings Release and Conference Call

    Source: W & T Offshore Inc

    Headline: W&T Offshore Announces Timing of Second Quarter 2025 Earnings Release and Conference Call

    HOUSTON, July 25, 2025 (GLOBE NEWSWIRE) — W&T Offshore, Inc. (NYSE: WTI) (the “Company”) today announced the timing of its second quarter 2025 earnings release and conference call.

    The Company said it will issue its second quarter 2025 earnings release on Monday, August 4, 2025, after the close of trading on the NYSE and host a conference call to discuss financial and operational results on Tuesday, August 5, 2025, at 9:00 a.m. Central Time (10:00 a.m. Eastern Time.)

    Interested parties may participate by dialing (844) 739-3797. International parties may dial (412) 317-5713. Participants should request to be joined to the “W&T Offshore, Inc. Conference Call.” This call will also be webcast and available on W&T Offshore’s website at www.wtoffshore.com under “Investors.” An audio replay will be available on the Company’s website following the call.

    About W&T Offshore
    W&T Offshore, Inc. is an independent oil and natural gas producer with operations offshore in the Gulf of America and has grown through acquisitions, exploration and development. As of March 31, 2025, the Company had working interests in 52 fields in federal and state waters (which include 45 fields in federal waters and seven in state waters). The Company has under lease approximately 634,700 gross acres (496,900 net acres) spanning across the outer continental shelf off the coasts of Louisiana, Texas, Mississippi and Alabama, with approximately 487,200 gross acres on the conventional shelf, approximately 141,900 gross acres in the deepwater and 5,600 gross acres in Alabama state waters. A majority of the Company’s daily production is derived from wells it operates. For more information on W&T, please visit the Company’s website at www.wtoffshore.com.

    CONTACTS: Al Petrie
    Investor Relations Coordinator
    investorrelations@wtoffshore.com
    713-297-8024
    Sameer Parasnis
    Executive VP and CFO
    sparasnis@wtoffshore.com
    713-513-8654

    Source: W&T Offshore, Inc.

    MIL OSI Global Banks

  • MIL-OSI United Kingdom: Centenary Colour Runner raises thousands for Caudwell Children

    Source: City of Stoke-on-Trent

    Published: Friday, 25th July 2025

    Caudwell Children’s annual Colour Runner has successfully raised over £7,500 for disabled and autistic children as part of the city’s Centenary celebrations with donations still coming in.

    It comes after 169 participants ran, walked or wheeled through Hanley Park at the event on Saturday 19 July – as they were covered in environmentally friendly paints on a fully accessible 5km fun run.

    Developed as a fundraiser in support of Caudwell Children, the run saw people of all ages come together to raise vital funds to provide a range of practical and emotional support services for children and young people.

    The event formed part of Stoke-on-Trent’s Centenary celebrations – marking 100 years of city status – and also commemorated Caudwell Children’s 25th anniversary.

    Kathryn Turner-Morgan, Challenges Manager at Caudwell Children said “We were incredibly excited to bring back the Caudwell Children Colour Runner for our 25th Anniversary and to celebrate Stoke on Trent’s Centenary, we couldn’t have asked for a better day.

    “Despite the weather, 169 children and their families came rain or shine to celebrate Caudwell Children with 5K of colour explosions! It was incredible to see so many children smiling and laughing throughout the event! Be sure to keep your eyes out for 2026.”

    The event was sponsored by Ken Jervis and Synectics Solutions.

    David Norwood, Managing Director at Ken Jervis, who sponsored the Colour Runner, said: “Ken Jervis are grateful to have had the opportunity to sponsor, and to be a part of, such a wonderful event. Everyone involved has done a spectacular job with the organisation and the buzz on the day itself was exceptional.

    “Ken Jervis can’t thank everyone enough for making the event a huge success and a big well done to those who ran the race! We’re more than sure the money raised will help no end and we’re proud to have been a part of it.”

    Councillor Steve Watkins, Lord Mayor of Stoke-on-Trent, said: “The Colour Runner was a fantastic event to attend and a brilliant addition to our Centenary celebrations. I am proud it has formed part of the celebrations this year and I want to thank Caudwell Children for organising it.

    “Caudwell Children do incredible work supporting children with special educational needs and disabilities and the funds raised will go towards supporting more of this amazing work. I look forward to seeing this success continue at future Colour Runner events.”

    For more information about Caudwell Children and the work they do, go to: https://www.caudwellchildren.com/

    For more on our Centenary events, visit: https://sot100.org.uk/

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Student with rare disorder graduates after nine years

    Source: Anglia Ruskin University

    Theo Hanson on the day of his ARU graduation ceremony

    Theo Hanson, an Anglia Ruskin University (ARU) student who suffers from a rare genetic disorder, is celebrating his graduation after first beginning his degree in 2016.

    Theo, 28, has lived with hereditary sensory neuropathy (HSN) all his life, leaving him unable to feel pain or touch. This lack of feeling in his body puts him at risk of accidental injury or infections.

    Despite the risks associated with his condition, his parents encouraged him to try and live independently, and he joined ARU in 2016 through Clearing.

    Theo, who lives in Cambridge, initially found that living away from home threw up challenges he had not anticipated. In 2018, his tutors encouraged him to take a year out and he flourished on rejoining ARU.

    He became a course representative and even took on a “parental” role to students during the Covid pandemic, helping students who were struggling with the restrictions.

    There were further personal and health challenges to overcome. The death of someone who helped look after him when he was young impacted Theo’s studies, and he needed to have his toes amputated due to a severe bone infection.

    However, Theo has now finally crossed the stage to formally receive his BA (Hons) degree in Computer Games Design – and he did so on the very same day his younger brother graduated from his degree in History at ARU.

    “Most people with HSN don’t even get to enter higher education, let alone to complete it. The main reason for that is that, by my age, they are usually too injured or impaired. Luckily, my version of the condition has manifested itself in a way that my brain function and level of injury is not as impaired or as severe as some others that have the condition.

    “There are two ways of dealing with someone like me, you either coddle them completely or, as my parents did, treat me like the rest of my brothers and I was encouraged to live independently. University seemed a natural step.

    “Finally finishing my degree feels incredible – I didn’t think I would ever get here. I have seen friends go on to become lecturers and I have had other friends come back to do a Masters.

    “Socially I have learned a lot. I lived in student accommodation and so I met new people every year, and the course was amazing. The lecturers were really helpful and always on hand to provide advice, and all the support staff too who helped me with submissions were lovely.”

    ARU Computer Games Design graduate Theo Hanson

    Theo has already had some of his work highlighted in PC Gamer magazine and following graduation, he’s keen to pursue work to improve accessibility in gaming.

    MIL OSI United Kingdom

  • MIL-OSI Russia: Kazakhstan has become the largest source of tourists in Central Asia for China’s Hainan Province

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    BEIJING, July 25 (Xinhua) — Kazakhstan has become the largest source of tourists in Central Asia for China’s island province of Hainan, according to a Hainan tourism presentation held in Astana on Wednesday.

    According to the results of the first half of this year, the famous resort province of Hainan received a total of 40.2 thousand citizens of Kazakhstan, which was 41.4 percent more in annual terms. Thus, Kazakhstan entered the world’s top four sources of travelers for Hainan, according to statistics.

    According to information posted on the official website of the Hainan Provincial Government, the tourism presentation in Astana introduced those present to health and wellness tourism products and demonstrated the province’s new image as an international center for tourism consumption.

    The rapid development of tourism cooperation between Hainan Province and Kazakhstan is due to regular air traffic. Currently, a number of Kazakhstan airlines have launched direct flights connecting cities in Kazakhstan and Hainan Province.

    Air Astana is making great efforts to promote cooperation between Kazakhstan and China in air transport. In the future, the airline plans to intensify cooperation with Hainan travel agencies and launch more flights to provide passengers with better quality services, the airline said.

    The presentation is organized by the Hainan Province Department of Tourism, Culture, Radio, Television, Physical Culture and Sports. The event was held as part of the Year of China Tourism in Kazakhstan. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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    MIL OSI Russia News

  • MIL-OSI Russia: Xinjiang Uygur Autonomous Region’s Foreign Trade Volume Exceeds 280 Billion Yuan in H1

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    URUMQI, July 25 (Xinhua) — Northwest China’s Xinjiang Uygur Autonomous Region’s foreign trade volume hit a record high of 280.82 billion yuan in the first half of this year, up 28 percent year on year, local customs officials said.

    In particular, the autonomous region’s foreign trade turnover in June amounted to 53.17 billion yuan.

    In the first half of this year, Xinjiang’s list of trading partners included 222 countries and regions of the world. At the same time, Xinjiang significantly increased its trade turnover with countries participating in the Belt and Road Initiative. The said figure increased by 17.9 percent year-on-year to 237.59 billion yuan. Its share in the region’s foreign trade turnover exceeded 80 percent.

    Statistics show that Xinjiang has supplied mainly agricultural products, electromechanical products, sports equipment and machinery to the international market since the beginning of this year. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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    MIL OSI Russia News

  • MIL-OSI Russia: Lightning: An EC-145 helicopter of the Kazakh Armed Forces with three crew members on board has disappeared in the Almaty region, searches are underway — RIA Novosti

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    Xinhua | 25. 07. 2025

    Key words: Kazakhstan

    Source: Xinhua

    Lightning: An EC-145 helicopter of the Kazakh Armed Forces with three crew members on board has gone missing in the Almaty region, searches are underway — RIA Novosti Lightning: An EC-145 helicopter of the Kazakh Armed Forces with three crew members on board has gone missing in the Almaty region, searches are underway — RIA Novosti

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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    MIL OSI Russia News

  • MIL-OSI Russia: The Soyuz-2.1b rocket with two Ionosfera-M heliogeophysical satellites and 18 small satellites launched from the Vostochny Cosmodrome

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    An important disclaimer is at the bottom of this article.

    Source: People’s Republic of China – State Council News

    Vladivostok, July 25 (Xinhua) — The Soyuz-2.1b launch vehicle carrying two Ionosfera-M heliogeophysical satellites and 18 small satellites was launched from the Vostochny Cosmodrome at 08:54 Moscow time on Friday, the Russian state corporation Roscosmos reported on its website.

    An hour after the launch, two heliogeophysical satellites “Ionosfera-M” were launched into the designated orbit and separated from the “Fregat” booster block. Eighteen small spacecraft also went into their orbits.

    The Ionosfera-M devices were created to observe physical phenomena that arise in the Earth’s ionosphere as a result of active natural and anthropogenic influences, changes in the spatio-temporal structure of the ionosphere, disturbances in electromagnetic fields, the composition of the Earth’s atmosphere and the distribution of ozone in its upper layers, and to monitor the radiation situation.

    The satellites will take photographs of the Earth, track the location of aircraft and ships, and study space processes. Several satellites will be used to study the space-Earth radio link and participate in experiments on the control of small satellites in low Earth orbit. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

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    MIL OSI Russia News

  • MIL-OSI Asia-Pac: Students win physics, maths medals

    Source: Hong Kong Information Services

    Two teams of Hong Kong students achieved outstanding results in the 55th International Physics Olympiad (IPhO 2025) and the 66th International Mathematical Olympiad (IMO 2025) by winning six gold medals, four silver and one bronze.

     

    The IPhO 2025, hosted by France, was held from July 18 to 24, with 415 students from 89 countries or regions taking part.

     

    The four gold medallists were Bill Fu from Inno Secondary School (Kowloon Tong), Edison Fu from Queen’s College, Lincoln Liu from Sha Tin College and Qiao Lok-hei from St Paul’s Co-educational College, while Garfield Leung from Evangel College took home silver.

     

    Meanwhile, the IMO 2025 was held in Australia from July 10 to 20. Among the 630 participating students from 110 countries or regions, the Hong Kong team won two gold medals, three silver medals and one bronze medal.

     

    Kwan Yung-ho from Diocesan Boys’ School and Lincoln Liu from Sha Tin College clinched the gold medal.

     

    The silver medal went to Chan Kwan-yu and Sze Long from St Paul’s Co-educational College and Jerry Xu from Victoria Shanghai Academy, while Chong Tsz-sing from Diocesan Boys’ School bagged a bronze medal.

     

    Secretary for Education Choi Yuk-lin congratulated the Hong Kong teams on their outstanding performance.

     

    Ms Choi said: “The impressive results achieved by the Hong Kong teams bear testament to the concerted efforts of the Government and various stakeholders in promoting STEAM (science, technology, engineering, the arts, and mathematics) and gifted education.”

     

    The Education Bureau will continue to strengthen the promotion of STEAM and gifted education in primary and secondary schools, and encourage the effective use of the school-based student talent pool to identify and nurture more students with talent, she added.

    MIL OSI Asia Pacific News

  • MIL-OSI Africa: Eswatini: Amnesty International designates arbitrarily detained Members of Parliament (MPs) as prisoners of conscience

    Source: APO – Report:

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    Four years since they were imprisoned solely for peacefully exercising their rights to freedom of expression, association, and political participation, Amnesty International today designated Eswatini Members of Parliament Bacede Mabuza and Mthandeni Dube, as prisoners of conscience.

    “The imprisonment of MPs simply for speaking out is a red line that must never be crossed. Authorities must quash their convictions and sentences and immediately and unconditionally release them. Authorities must repeal or amend legislation that criminalizes human rights and political activism and bring any such legislation in line with international human rights standards.”

    “By designating Bacede Mabuza and Mthandeni Dube as prisoners of conscience, Amnesty International affirms that they should never have been arrested in the first place,” said Tigere Chagutah, Amnesty International’s Regional Director for East and Southern Africa. “Their continued arbitrary detention shows Eswatini’s deepening climate of repression and misuse of the justice system to punish those who dare criticise the government.”

    “Amnesty International has repeatedly raised concerns over the Eswatini authorities’ increasing intolerance of peaceful dissent, including the arbitrary detention, harassment, and prosecution of activists, opposition leaders, and pro-democracy campaigners.

    Background

    Bacede Mabuza and Mthandeni Dube were arrested on 25 July 2021 following their vocal support for legal reforms and calls for constitutional change in Eswatini. They were convicted of trumped-up charges, including those under the Suppression of Terrorism Act of 2008 and the Sedition and Subversive Activities Act of 1938 – laws that have been widely criticised for their vague definitions and chilling effect on human rights including the right to freedom of expression.

    On 31 July 2024, the High Court of Eswatini sentenced Mabuza and Dube to 85- and 58-year jail terms, respectively.

    Amnesty International’s designation of “prisoner of conscience” applies to individuals who are imprisoned or otherwise physically restricted because of their political, religious or other conscientiously held beliefs, ethnic origin, sex, colour, language, national or social origin, economic status, birth, sexual orientation, or other status – provided they have neither used nor advocated violence.

    – on behalf of Amnesty International.

    MIL OSI Africa

  • MIL-OSI Africa: The World Health Organization (WHO) mobilizes digital influencers to combat diseases in Angola

    Source: APO – Report:

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    The World Health Organization (WHO) is betting on an innovative approach to stop preventable diseases: engaging digital influencers to directly convey prevention messages to the public through social media.

    This strategy comes in the context of the cholera outbreak that has been affecting the country since January 2025, with 27,609 cases and 769 deaths recorded in 18 provinces. In addition to containment actions on the ground, the WHO has recognized the importance of occupying the digital space with life-saving content, especially among young people, where incorrect information often circulates.

    Between May 15 and July 22, the WHO launched the digital campaign “Together Against Cholera,” which featured six Angolan influencers: Dr. Aurea de Carvalho, Carla Morais, Xofela, Leocádia Tamara, Maria Correia, and Stela de Carvalho. Six educational videos were produced and shared on Facebook, Instagram, and TikTok, with content focused on hygiene, sanitation, and public health.

    Monitoring data from the WHO’s social media pages show that the impact was significant: the videos exceeded 600,000 views, with an average of 3,353 likes, 100 shares, and 70 comments per post, totaling more than 20,000 interactions. 

    Television presenter Stela de Carvalho, who supported the initiative, highlighted its importance, stating: “Participating in this campaign was a way to use my voice to save lives.” For her part, influencer Xofela reinforced the social role of social media, emphasizing: “Campaigns like this show that social media can be used for the common good.”

    According to João Carlos Domingos, WHO communications assistant in Angola, this approach is increasingly necessary: “Digital has become the main channel of information for many young people, but it is also where a lot of misinformation circulates. We need to fill that space with content that saves lives.”

    With the encouraging results of this campaign, the WHO in Angola intends to extend this strategy to other areas of public health, namely the prevention of communicable and non-communicable diseases such as malaria, tuberculosis, measles, and hepatitis.

    The influencers involved have already expressed interest in continuing to collaborate, reinforcing the idea that digital communication, when well guided, can be a powerful ally of public health.

    – on behalf of World Health Organization (WHO) – Angola.

    MIL OSI Africa

  • MIL-OSI Africa: Women producers in Togo to join international markets

    Source: APO – Report:

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    Togo took a bold step toward inclusive trade. One hundred women entrepreneurs from across the country gathered in Lomé for a series of intensive trainings that aimed to do more than just transfer skills. The goal? To equip women entrepreneurs with the tools, confidence, and networks needed to enter and compete in international markets.

    As part of GIZ’s PROCOMP initiative, the AMI COMMERCE Togo project, led by the International Trade Centre (ITC), brought together more than 100 women entrepreneurs with one goal: to expand their businesses beyond national borders.

    PROCOMP promotes competitiveness across Togo’s private sector, and with the support of ITC’s SheTrades Initiative, women were placed at the centre of this economic transformation. The collaboration ensured that as Togo strengthens its export capacity, women-led businesses are not only included but also empowered.

    Practical, tailored training

    Held throughout June, the trainings targeted the real needs of women-led mico, small and medium-sized enterprises (MSMEs), many of whom operate informally or have limited access to capital and market information. Sessions were adapted to participants’ digital and export readiness.

    For women less familiar with digital tools, the training focused on using WhatsApp Business, social media, and low-cost platforms to reach more customers. Export-ready participants explored EU buyer requirements, documentation, and trade fair preparation. Additional sessions supported those in agri-food and fresh produce, covering export logistics and sanitary and phytosanitary standards.

    Building skills, confidence and collaboration

    The trainings combined technical knowledge with interactive methods—roleplays, group work, and mock buyer meetings brought concepts to life. Participants reflected on their business models, shared challenges, and developed solutions together.

    Importantly, the sessions strengthened market-related soft skills like communication and negotiation, critical for pitching products, responding to buyer inquiries, and navigating trade fairs. Many women gained more confidence to formalize their businesses and expand their reach.

    Beyond skills-building, the sessions created a supportive environment for connection and collaboration. For many, it was the first time being in a space fully dedicated to their growth as entrepreneurs. Participants left not only with strategies but with new networks and a sense of community.

    Toward inclusive economic growth

    As Togo deepens its regional integration and export potential, women entrepreneurs are vital to achieving inclusive, resilient growth. With targeted support, they are now better equipped to enter international markets—not as a distant dream, but as a tangible opportunity.

    In parallel, the project also strengthened key national trade facilitation mechanisms. The Mécanisme d’Alerte aux Obstacles au Commerce (MAOC) was relaunched with institutional backing and regional outreach, enabling businesses to report and resolve trade barriers more effectively. 

    In addition, the Togo Trade Portal was developed as a digital one-stop shop for import-export procedures, offering transparency and easier access to essential trade information, including for products commonly traded by women entrepreneurs.

    – on behalf of International Trade Centre.

    MIL OSI Africa

  • MIL-OSI Africa: The United Nations World Food Programme (WFP) concludes El Nino Emergency Drought Relief Response through the global humanitarian fund in Namibia

    Source: APO – Report:

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    The United Nations World Food Programme (WFP) in collaboration with partner organisations, has successfully wrapped up a critical a nine-month emergency response in support of the Government of Namibia’s Emergency Drought Response Plan to the El Niño-induced drought.

    With a contribution of US$3 million from the UN Central Emergency Response Fund (UN-CERF), WFP supported the government in delivering life-saving food and nutrition assistance to over 63,000 vulnerable people across Kavango East, Kavango West, and Omaheke regions between October 2024 and June 2025.

    In addition to food assistance, the project served as a platform for integrated service delivery. At food distribution sites, UNICEF provided outreach and basic health screenings for more than 83,500 people and facilitated referrals for malnourished children. UNFPA reached more than 22,400 people with Sexual and Reproductive Health (SRH) and Gender-Based Violence (GBV) services through daily mobile outreach in schools and communities. A community feedback mechanism system was also established, enabling affected populations to share their needs, concerns and suggestions to help shape and improve the response. 

    “This emergency response was about more than just delivering food, it was about restoring dignity and hope to communities hit hardest by the drought,” said Naouar Labidi, WFP Country Representative in Namibia. “Thanks to the generous support from UN-CERF and our collaboration with the Office of the Prime Minister and UN partners, namely the United Nations Children’s Fund (UNICEF) and the United Nations Population Fund (UNFPA), we reached tens of thousands of people with vital humanitarian assistance. But we also used this moment to invest in local capacity, strengthen partnerships, and helping communities build the resilience they need to face climate shocks.”

    The contribution from CERF allowed over 41,000 people (nearly 7000 households) to receive three rounds of food vouchers, enabling them to purchase essential items such as maize meal, canned fish and cooking oil from 25 participating retailers. This not only supported immediate needs, but also helped boost the local economy, laying the groundwork for longer-term resilience by supporting local businesses, creating employment opportunities, and strengthening local supply chains. At the same time, 22,000 children received hot and nutritious meals from 155 conveniently located soup kitchens.

    WFP remains committed to working closely with the Government of Namibia, UN agencies and partners to strengthen food systems, build community resilience and enhance emergency preparedness to future climate shocks.

    – on behalf of World Food Programme (WFP).

    MIL OSI Africa

  • MIL-OSI Africa: Commemorating the Africa Day of Seas and Oceans – Fishing for the Future

    Source: APO – Report:

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    Today, 25 July 2025, we proudly join the continent in commemorating the Africa Day of Seas and Oceans.

    Established in 2015 as part of the 2015–2025 Decade of African Seas and Oceans, this day was first marked on 25 July during the closing of the 22nd Ordinary Session of Heads of State and Government at the African Union (AU) Headquarters in Addis Ababa, Ethiopia.

    Today, we reflect on how the FishGov2 Project—an EU funded initiative, continues to deliver on its mandate of supporting the sustainable use and conservation of Africa’s aquatic resources, through the implementation of key policy instruments: the PFRS & the Africa Blue Ecocomy Strategy. 

    Over the past year, FishGov2 has:
    – Strengthened governance frameworks that safeguard our seas and oceans.
    – Promoted sustainable fisheries and aquaculture management, ensuring ecosystems remain productive and resilient.
    – Shared practical tools, policy guidance, and best practices that empower Member States to protect marine biodiversity while enhancing food security, livelihoods, and the blue economy.

    Through these efforts, FishGov2 contributes to a future where Africa’s seas and oceans are managed responsibly, for the benefit of current and future generations.

    – on behalf of The African Union – Interafrican Bureau for Animal Resources (AU-IBAR).

    MIL OSI Africa

  • MIL-OSI Africa: Rainy season increases cholera threat in South Sudan

    Source: APO – Report:

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    The ongoing rainy season in South Sudan is slowing cholera response efforts in some locations, raising concerns about further transmission and undermining progress the country has made so far in combating the outbreak.

    South Sudan experiences heavy rainfall between mid-July and October. The States of Jonglei, Unity, Upper Nile, Northern Bhar el Ghazal, Warrap, parts of Central Equatoria, and others experience seasonal flooding, resulting in massive displacement, and affecting the delivery of basic health services. The rainy season worsens access and sanitation, disrupts the shipment of medical supplies, hinders deployment of rapid response teams, and vaccination impedes efforts, making it difficult to protect communities and save lives.

    The country declared a cholera outbreak in October 2024, since then, the Ministry of Health with support from World Health Organization (WHO) and other partners, has mounted a comprehensive response, including deployment of rapid response teams, prepositioning medical supplies and coordination efforts across all levels to protect communities and safe lives. This is the longest cholera outbreak in the country’s history, since independent in September 2011.

    As of 30 June 2025, South Sudan has reported a cumulative total of 77 555 suspected cases and 1 401 deaths these cases have been reported from 55 counties, across 9 States and all 3 Administrative areas. A cumulative total of 11 554 tested positive using the rapid diagnostic test kits (RDT), and an additional 424 cases had laboratory isolation of Vibrio Cholera.

    In response, the country has successfully conducted an oral cholera vaccination campaign, reaching over 6.9 million people in 40 Counties. affected counties, these campaigns have significantly slowed the spread of the outbreak and is estimated to have saved hundreds of lives with a total of 19,987 deaths averted.

    To support vaccination efforts, South Sudan secured over 8.7 million doses of oral cholera vaccines from the International Coordination Group (ICG) to protect communities, and deployment. the country has applied for additional doses.

    WHO has played a critical role by training over 2000 health workers and community members on various aspects of the response including case management, risk communication and community engagement, IPC/WASH, vaccination and surveillance. The organization has also supported establishment of 102 oral rehydration points (ORPs), 88 cholera treatment units. (CTUs) and 19 cholera treatment centers (CTCs) through implementing partners, which have significantly reduced fatalities. Over 175 Metric Tons of medical supplies have been distributed across the affected Counties. Additionally, WHO has conducted extensive water quality testing and provided treatment to the affected communities.

    Several factors have contributed to the outbreak, including high population density, population movement, limited access to water and sanitation facilities, open defecation, and poor hygiene practices, created a highly vulnerable situation that led to imported cases and local transmission.

    Mr Kereni Gong, Acting Director General, Unity State Ministry of Health highlighted the urgent need for interventions in response to the ongoing flooding, emphasizing the importance of immediate action to save lives of the flooding and call for urgent interventions to save lives

    ‘Unity state is the epicentre of the current cholera outbreak. With support from WHO and other partners The State Ministry of Health managed to bring down the number of cases, but we need more support as we enter the rainy season, during which cases have already begun to rise. We are also aware that floods are coming from the southern part of Unity State which will further worsen the situation” he said

    Dr Humphrey Karamagi, WHO Representative in South Sudan, underscored the gravity of the situation and express gratitude on the effectiveness of the ongoing cholera response efforts: “The scale of the current outbreak is unprecedented, the onset of the rainy season poses significant challenge in addition to the prevailing humanitarian crises” said Dr Karamagi “Under the leadership of the Ministry of Health we have been able to protect the communities by mounting effective response including vaccinating over 7 million people, now Is the time to up our game in strengthening case management, surveillance and coordination to save lives.”

    Additional funding is required to contain the outbreak, as the rainfall poses the risk of transmission., WHO requires additional funding to bolster current operations by deploying swift response teams to newly identified hotspots, maintaining essential health services for affected communities, and procuring, shipping, and distributing more emergency supplies to support the ongoing response.

    – on behalf of World Health Organization (WHO) – South Sudan.

    MIL OSI Africa

  • MIL-OSI Africa: Communications Committee Recommends MS Malefane and Dr Skeepers for Appointment on the Media Development and Diversity Agency (MDDA) Board

    Source: APO – Report:

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    The Portfolio Committee on Communications and Digital Technologies has recommended Ms Moipone Malefane and Dr Natalie Skeepers for appointment on the Board of the Media Development and Diversity Agency (MDDA).

    There are two vacancies on the MDDA Board currently, and the committee was tasked with recruiting suitably qualified individuals to be considered for appointment in terms of section 4 of the MDDA Act 14 of 2002.

    On 8 April this year, the committee, in line with the Act, published an advertisement inviting members of the public to submit nominations.

    A total of 159 nominations were received and screened, followed by a shortlisting of nine candidates. The shortlisted candidates were interviewed on 15 July 2025.

    On Friday (25 July) morning, the committee deliberated on the outcomes of the interviews and agreed to recommend Ms Malefane and Dr Skeepers.

    The committee Chairperson, Ms Khusela Sangoni Diko, thanked all the interviewed candidates. She said that the interviewed candidates collectively possessed a tapestry of knowledge, experience and skill set required on the MDDA Board.

    The committee report will be tabled in the National Assembly for adoption, and once adopted, it will be forwarded to the President for his appointment in terms of section 4(1)(b) of the MDDA Act.

    – on behalf of Republic of South Africa: The Parliament.

    MIL OSI Africa

  • MIL-OSI Africa: Sahel Region: African Union Appoints Special Envoy

    Source: APO – Report:

    .

    The African Union’s (AU) appointment of Burundi’s president as its special envoy for the Sahel region strengthens the AU’s capacity to address the most pressing human rights challenges facing Mali, Burkina Faso and Niger, Human Rights Watch said today in a letter to President Evariste Ndayishimiye. 

    The appointment of Ndayishimiye on July 17, 2025, comes at a critical juncture in the Sahel, marked by increased threats to civilians caught in armed conflict, emboldened authoritarianism of the military juntas, and growing marginalization of independent institutions, including the AU and the Economic Community of West African States (ECOWAS). These dynamics have eroded the rule of law, widened impunity for serious human rights abuses, and left civilians increasingly vulnerable.

    “Despite Burundi’s very troubling human rights record, President Ndayishimiye has an opportunity to promote human rights and rights-based governance in the Sahel,” said Allan Ngari, Africa advocacy director at Human Rights Watch. “A failure to do so would signal a dangerous tolerance for authoritarianism under the guise of diplomacy.” 

    Ndayishimiye should make respect for human rights and the rule of law prominent in the AU’s approach to the Sahel and address the following major concerns:

    Islamist armed groups and government security forces continue to commit serious violations of international humanitarian law, including war crimes and possible crimes against humanity. As of mid-2025, the armed conflicts in the Sahel had killed at least tens of thousands of civilians, resulting in one of the world’s most acute humanitarian crises, forcing over three million people from their homes. 

    Since 2020, Mali, Burkina Faso and Niger have experienced military coups. The ruling military juntas have shown intolerance for political opposition and dissent. Civic and political space has shrunk as a crackdown on journalists, civil society activists, and opposition party members has increased, through arbitrary detention, enforced disappearances, and unlawful conscription. The military leaders of the three countries have solidified their power without elections, delaying the return to democratic civilian rule. 

    The authorities in Mali, Burkina Faso and Niger have ignored calls for accountability and failed to uphold their international legal obligations to investigate serious rights violations by their security forces, and hold those responsible accountable, allowing impunity to fester and emboldening the abusers. In 2025, the three countries officially left ECOWAS, depriving their citizens of the opportunity to seek justice for human rights violations through the ECOWAS Court of Justice.

    “The AU special envoy should open a meaningful dialogue with the authorities of Mali, Burkina Faso and Niger on their governments’ obligations to protect human rights,” Ngari said. “He should ensure that the AU’s strategy on the Sahel prioritizes the protection of civilians at risk, the need to respect civil and political rights, and the promotion of justice and accountability.”

    – on behalf of Human Rights Watch (HRW).

    MIL OSI Africa

  • MIL-OSI Africa: Committee on Human Settlements Successfully Started Its Two-Day Oversight Visit in Garden Route District Municipality

    Source: APO – Report:

    .

    The Portfolio Committee on Human Settlements kick -started its two-day oversight visit to the municipalities in the Garden Route District Municipality in Knysna yesterday where it received briefings on the implementation of the Human Settlements Development Grant (HSDG), Informal Settlements and Upgrading Partnership Grant (ISUPG).

    The committee expressed its displeasure with the absence of the MEC for Human Settlements and the Head of the department who failed to communicate their apologies in advance.

    The committee also received briefings from the Western Cape Provincial Department of Human Settlements, Knysna Local Municipality, George Local Municipality, and Mossel Bay Local Municipality on the implementation of the human settlements’ strategic plans, projects and programmes.

    The committee expressed its disappointment to learn that a total budget of about R300 million, which was allocated to the municipalities during the 2024/25 financial year, had to be given to other provinces due to poor performance of the municipalities and R100 million of that amount was initially budgeted for HSDG.

    The Deputy Director-General of the National Department of Human Settlements, Dr Nana Mhlongo told the committee that the allocation of the budget to other provinces was due to the department’s due diligence in terms of monitoring performance within the province.

    The HSDG is a key funding mechanism for human settlements development, while ISUPG focuses on upgrading of informal settlements. These programmes are being implemented by the Garden Route District Municipality, and they include the development of new housing units, infrastructure upgrades, and the formalisation of informal settlements.

    Also, part of these programmes is the Integrated Human Settlements Strategic Plan that has been
    developed by the Garden Route District Municipality which incorporates George, Mossel Bay, and Knysna local municipalities. This plan aims to guide the coordinated development of human settlements, and to ensure alignment with national, provincial strategic goals and performance plans.

    Outlining the purpose of the visit, the Chairperson of the Portfolio Committee on Human Settlements, Mr Mammoga Seabi, highlighted the committee’s role regarding oversight over any executive organ of state that falls within its portfolio. He said: “This is in line with the mandate of the committee to undertake provincial oversight visits to evaluate progress made in the service delivery and to identify challenges.”

    The Chairperson said the committee undertook this oversight due to the need for the improvement of institutional capacity at the local municipal level and the lack of strong instruments for implementation in the district municipality. “These issues hinder service delivery, economic development, and overall community well-being,” he said.

    The committee heard that the Garden Route District Municipality faces challenges that include limited funding and implementation of non-human settlements related mandate in informal settlements upgrading, bulk infrastructure capacity constraints prevalence in most municipalities, municipal capacity challenges, lengthy statutory approval processes, lack of clear and coherent understanding, and response from stakeholders involved in upgrading process.

    The committee conducted site visits to the Knysna Bungalos, temporal relocation site and the houses built for the Knysna Bungalo beneficiaries. The committee was unhappy with the appalling state of the temporary structures and requested the municipality, provincial and national departments of human settlements to review the project and provide a report to the committee in 30 days.

    The committee will today conduct site visit in Mossel Bay as follows:

    • Site visits in Mossel Bay from 09:00 to 13:00 to Sinethemba Project, Breaking New Ground Project (New Rest), Mountain View First Home Finance Project, and Izinyoka Informal Settlements.
    • Site visits in George from 14:00 to 16:00 to projects: Moeggehuur Informal Settlements (Houtkapperjie), Syferfornein Project (ERF 325), Rosedale Informal Settlements, Metro Grounds and George Collapsed Building.

    – on behalf of Republic of South Africa: The Parliament.

    MIL OSI Africa

  • MIL-OSI Africa: Urgent support needed as over 1.3 million war-displaced Sudanese begin to return home

    Source: APO – Report:

    .

    While conflict persists across much of Sudan, pockets of relative safety have emerged, and to date over 1 million internally displaced Sudanese have made their way home. A further 320,000 people have crossed back into Sudan since last year, mainly from Egypt and South Sudan, some to assess the current situation in the country before deciding to return.

    People are mainly going back to Khartoum, Sennar and Al Jazirah States, where the impact of more than two years of war is immense.

    Regional Directors from UNHCR and IOM recently visited Khartoum and witnessed widespread devastation and a chronic lack of services for its remaining inhabitants. These include thousands of internally displaced Sudanese, as well as refugees and asylum-seekers hosted in Sudan, many of whom had been completely cut off from assistance since the war began. The visits followed an earlier mission to Sudan in February by the UNDP Regional Director aimed at developing long-term solutions for internally displaced people and refugees to secure livelihoods and basic services.

    With humanitarian operations massively underfunded both inside Sudan and across neighbouring countries hosting those who fled, an urgent increase in financial support is needed. Humanitarian partners stress that recovery efforts must begin in areas that are becoming accessible and relatively safer. At the same time, funds are desperately needed to improve conditions for refugees in host countries.

    “More than evidence of people’s desire to return to their homeland, these returns are a desperate call for an end to the war so that people can come back and rebuild their lives,” said Mamadou Dian Balde, Regional Refugee Coordinator for the Sudan crisis, who has just returned from Khartoum and Wadi Halfa at the border with Egypt. “Not only do they mark a hopeful but fragile shift, they also indicate already stretched host countries under increasing strain. We urge stronger international solidarity with the Sudanese people uprooted by this horrifying war and with the countries that have opened their doors to them.”

    While fighting has subsided in the areas to which people are returning, conditions remain perilous. Public infrastructure – power supply lines, roads and drainage systems – have been completely destroyed. Schools and hospitals have been ruined or turned into collective shelters hosting displaced families. Lost or destroyed civil documents and the inability to replace them means people cannot access existing services. In addition to the dangers posed by unexploded ordnances, sexual violence and child rights violations are widespread.

    Speaking from Port Sudan immediately after his visit to Khartoum, IOM Regional Director Othman Belbeisi underlined the need to support returnees in their voluntary choice to return:

    “Those heading home are not passive survivors, they are vital to Sudan’s recovery. Yes, the humanitarian situation is dire, but with the right support, returnees can revive local economies, restore community life, and foster hope where it’s needed most. But they cannot do it alone. We must work alongside local partners to ensure that people return not to shattered systems, but to the foundations of peace, dignity, and opportunity. The thousands of people seeking to return home are driven by hope, resilience, and an enduring connection to their country. However, it is essential to emphasize that return must remain a voluntary, informed, and dignified choice.”

    “Anyone who’s been forced from home knows the overwhelming urge to return,” said UNDP Director of the Regional Bureau for Arab States, Abdallah Al Dardari. “But without urgent action, people will be coming back to cities that are in ruins. We are in a race against time to clear the rubble and provide water, power, and health care. We also need to offer longer-term support for jobs and businesses and to address the unseen damage of war, including with counselling and legal aid for women victims of violence.”

    Despite these returns, hundreds continue to flee both within Sudan and across its borders daily, due to ongoing conflict particularly in the Darfur and Kordofan regions. More than two years in, the people of Sudan have suffered enough and deserve an end to the fighting. A political solution to the crisis in Sudan must be found for a lasting peace that will allow people to fully return and rebuild their lives.

    – on behalf of United Nations High Commissioner for Refugees (UNHCR).

    MIL OSI Africa

  • MIL-OSI Banking: Euro area economic and financial developments by institutional sector: first quarter of 2025

    Source: European Central Bank

    25 July 2025

    • Euro area net saving decreased to €799 billion in four quarters to first quarter of 2025, compared with €813 billion one quarter earlier
    • Household debt-to-income ratio decreased to 81.7% in first quarter of 2025 from 83.8% one year earlier
    • Non-financial corporations’ debt-to-GDP ratio (consolidated measure) decreased to 67.2% in first quarter of 2025 from 68.4% one year earlier
    • Share of net wealth held by wealthiest 10% of households stood at 57.3% in 2024, largely unchanged from previous years.

    Total euro area economy

    Euro area net saving decreased to €799 billion (6.5% of euro area net disposable income) in the four quarters to the first quarter of 2025 compared with €813 billion in the four quarters to the previous quarter. Euro area net non-financial investment was broadly unchanged at €441 billion (3.6% of net disposable income), due to broadly unchanged net investment of all sectors (see Chart 1 and Table 1 in the Annex).

    Euro area net lending to the rest of the world decreased to €388 billion (from €401 billion previously) reflecting the decreased net saving and broadly unchanged net non-financial investment. Non-financial corporations’ net lending decreased to €130 billion (1.1% of net disposable income) from €156 billion, while that of households increased to €598 billion (4.9% of net disposable income) from €588 billion. Financial corporations’ net lending (€123 billion, 1.0% of net disposable income) and general government net borrowing were broadly unchanged, the latter contributing negatively to euro area net lending (-€463 billion, -3.8% of net disposable income).

    Chart 1

    Euro area saving, investment and net lending to the rest of the world

    (EUR billions, four-quarter sums)

    Sources: ECB and Eurostat.

    * Net saving minus net capital transfers to the rest of the world (equals change in net worth due to transactions).

    Data for euro area saving, investment and net lending to the rest of the world (Chart 1)

    Households

    Household financial investment increased at a broadly unchanged annual rate of 2.5% in the first quarter of 2025. Among its components, investment in currency and deposits grew at an unchanged rate of 3.0%. Investment in debt securities increased at a lower rate (3.0%, after 8.2%), while investment in shares and other equity grew at a higher rate (2.3%, after 1.8%) – the latter mainly due to investment fund shares.

    Households purchased, in net terms, mainly debt securities issued by the rest of the world, general government, and other financial institutions (see Table 1 below and Table 2.2. in the Annex). Households were overall net sellers of listed shares, selling predominantly listed shares of MFIs, while buying listed shares issued by the rest of the world (i.e. shares issued by non-euro area residents). Households increased their purchases of euro area non-money market investment fund shares, and continued to purchase money market fund shares, while purchases of investment fund shares issued by the rest of the world decelerated.

    The household debt-to-income ratio[1] decreased, to 81.7% in the first quarter of 2025 from 83.8% in the first quarter of 2024. The household debt-to-GDP ratio decreased, to 51.2% in the first quarter of 2025 from 52.3% in the first quarter of 2024 (see Chart 2).

    Table 1

    Financial investment and financing of households, main items

    (annual growth rates)

    Financial transactions

    2024 Q1

    2024 Q2

    2024 Q3

    2024 Q4

    2025 Q1

    Financial investment*

    2.0

    2.3

    2.4

    2.4

    2.5

    Currency and deposits

    1.5

    2.3

    2.5

    3.0

    3.0

    Debt securities

    41.4

    29.8

    17.1

    8.2

    3.0

    Shares and other equity**

    0.2

    0.4

    0.9

    1.8

    2.3

    Life insurance

    0.0

    0.4

    1.3

    1.6

    1.7

    Pension schemes

    2.0

    1.8

    1.9

    1.8

    2.1

    Financing***

    0.9

    1.2

    1.2

    1.6

    1.8

    Loans

    0.6

    0.6

    0.9

    1.3

    1.7

    Source: ECB.

    * Items not shown include: loans granted, prepayments of insurance premiums and reserves for outstanding claims and other accounts receivable.

    ** Includes investment fund shares.

    *** Items not shown include: financial derivatives’ net liabilities, pension schemes and other accounts payable.

    Data for financial investment and financing of households (Table 1)

    Chart 2

    Debt ratios of households and NFCs

    (percentages of GDP)

    Sources: ECB and Eurostat.

    * Outstanding amount of loans, debt securities, trade credits and pension scheme liabilities.
    ** Outstanding amount of loans and debt securities, excluding debt positions between NFCs
    *** Outstanding amount of loan liabilities.

    Data for debt ratios of households and non-financial corporations (Chart 2)

    Developments in household wealth distribution in 2024

    The Distributional Wealth Accounts show that household net wealth continued to increase in 2024, while wealth inequality, as measured by the Gini coefficient of net wealth, has remained broadly unchanged in recent years (see Chart 3). The share of household net wealth held by the wealthiest 10% of households stood at 57.3% at the end of 2024, largely unchanged from previous years.

    Chart 3

    Household net wealth distribution and wealth inequality

    (left-hand scale: EUR trillions; right-hand scale: percentages)

    Sources: ECB.

    The growth in net wealth across the various household wealth groups was primarily driven by valuation effects of both financial and non-financial assets, while contribution of net saving was stable but lower. Since the fourth quarter of 2019, net wealth has risen substantially across all wealth groups, with increases of 32% for the bottom 50% of the wealth distribution, 24% for the next 40%, and 26% for the top 10%. The developments varied between different asset classes, resulting in distinct portfolio dynamics across household wealth groups (see Chart 4). A significant portion of overall net wealth growth – more than half in each wealth group – was driven by increases in housing wealth. For the bottom 50% of households, deposits were the second-largest contributor (+9 percentage points), with smaller contributions from other wealth components. Among the next 40% of households, deposits also made a positive contribution (+4 percentage points) to net wealth growth, though this was largely offset by the negative effect of increasing mortgages (-3 percentage points). For the wealthiest 10% of households, the growth in net wealth was also supported by significant increases in business wealth (+6 percentage points) and investment fund shares (+3 percentage points).

    Chart 4

    Contributions to growth of household net wealth between Q1 2019 and Q4 2024

    (percentage points, percentage change)

    Sources: ECB.

    Note: The left-hand scale measures the percentage growth of net wealth and the percentage point contributions to net wealth growth of all other legend items.

    Non-financial corporations

    Financial transactions

    2024 Q1

    2024 Q2

    2024 Q3

    2024 Q4

    2025 Q1

    Financing*

    0.8

    0.9

    1.0

    0.9

    1.3

    Debt securities

    2.0

    2.9

    2.5

    1.5

    1.6

    Loans

    1.6

    1.4

    1.4

    1.3

    2.0

    Shares and other equity

    0.3

    0.6

    0.6

    0.4

    0.5

    Trade credits and advances

    1.0

    2.0

    2.5

    3.6

    4.1

    Financial investment**

    1.7

    1.8

    2.0

    1.8

    2.0

    Currency and deposits

    0.2

    2.6

    1.7

    2.4

    2.1

    Debt securities

    10.9

    8.1

    3.9

    2.1

    4.1

    Loans

    3.9

    3.7

    3.2

    2.6

    2.8

    Shares and other equity

    1.1

    0.9

    1.2

    0.7

    0.4

    MIL OSI Global Banks

  • MIL-OSI Banking: Monetary developments in the euro area: June 2025

    Source: European Central Bank

    25 July 2025

    Components of the broad monetary aggregate M3

    The annual growth rate of the broad monetary aggregate M3 decreased to 3.3% in June 2025 from 3.9% in May, averaging 3.7% in the three months up to June. The components of M3 showed the following developments. The annual growth rate of the narrower aggregate M1, which comprises currency in circulation and overnight deposits, decreased to 4.6% in June from 5.1% in May. The annual growth rate of short-term deposits other than overnight deposits (M2-M1) was -1.1% in June, compared with -0.1% in May. The annual growth rate of marketable instruments (M3-M2) decreased to 10.4% in June from 11.5% in May.

    Chart 1

    Monetary aggregates

    (annual growth rates)

    Data for monetary aggregates

    Looking at the components’ contributions to the annual growth rate of M3, the narrower aggregate M1 contributed 2.9 percentage points (down from 3.2 percentage points in May), short-term deposits other than overnight deposits (M2-M1) contributed -0.3 percentage points (down from 0.0 percentage points) and marketable instruments (M3-M2) contributed 0.7 percentage points (down from 0.8 percentage points).

    Among the holding sectors of deposits in M3, the annual growth rate of deposits placed by households decreased to 3.3% in June from 3.5% in May, while the annual growth rate of deposits placed by non-financial corporations decreased to 1.5% in June from 2.7% in May. Finally, the annual growth rate of deposits placed by investment funds other than money market funds decreased to 13.1% in June from 15.4% in May.

    Counterparts of the broad monetary aggregate M3

    The annual growth rate of M3 in June 2025, as a reflection of changes in the items on the monetary financial institution (MFI) consolidated balance sheet other than M3 (counterparts of M3), can be broken down as follows: claims on the private sector contributed 2.6 percentage points (up from 2.4 percentage points in May), net external assets contributed 2.4 percentage points (down from 2.5 percentage points), claims on general government contributed 0.0 percentage points (down from 0.2 percentage points), longer-term liabilities contributed -1.1 percentage points (as in the previous month), and the remaining counterparts of M3 contributed -0.6 percentage points (down from -0.1 percentage points).

    Chart 2

    Contribution of the M3 counterparts to the annual growth rate of M3

    (percentage points)

    Data for contribution of the M3 counterparts to the annual growth rate of M3

    Claims on euro area residents

    The annual growth rate of total claims on euro area residents stood at 2.0% in June 2025, compared with 1.9% in the previous month. The annual growth rate of claims on general government decreased to 0.1% in June from 0.6% in May, while the annual growth rate of claims on the private sector increased to 2.7% in June from 2.5% in May.

    The annual growth rate of adjusted loans to the private sector (i.e. adjusted for loan transfers and notional cash pooling) increased to 3.0% in June from 2.8% in May. Among the borrowing sectors, the annual growth rate of adjusted loans to households increased to 2.2% in June from 2.0% in May, while the annual growth rate of adjusted loans to non-financial corporations increased to 2.7% in June from 2.5% in May.

    Chart 3

    Adjusted loans to the private sector

    (annual growth rates)

    Data for adjusted loans to the private sector

    Notes:

    • Data in this press release are adjusted for seasonal and end-of-month calendar effects, unless stated otherwise.
    • “Private sector” refers to euro area non-MFIs excluding general government.
    • Hyperlinks lead to data that may change with subsequent releases as a result of revisions. Figures shown in annex tables are a snapshot of the data as at the time of the current release.

    MIL OSI Global Banks

  • MIL-OSI Banking: Results of the ECB Survey of Professional Forecasters for the third quarter of 2025

    Source: European Central Bank

    25 July 2025

    • Headline inflation expectations revised down for 2025-26 but unchanged for 2027 and the longer term; expectations for HICP inflation excluding energy and food revised down slightly for 2026 and 2027 to 2.0%
    • Tariffs expected to have a small downward impact on inflation in the nearer term (-0.06 percentage points in both 2025 and 2026), but to be broadly neutral on balance in 2027 and the longer term (2030)
    • Real GDP growth expectations revised up by 0.2 percentage points for 2025 and down by 0.1 percentage points for 2026; growth expectations for 2027 and the longer term unchanged
    • Unemployment rate expectations broadly unchanged

    Respondents’ expectations for headline inflation, as measured by the Harmonised Index of Consumer Prices (HICP), were 2.0% for 2025, 1.8% for 2026 and 2.0% for 2027. Expectations were revised down by 0.2 percentage points for 2025 and 2026 compared with the previous survey (conducted in the second quarter of 2025) but were unchanged for 2027. Expectations for core HICP inflation, which excludes energy and food, were revised down slightly for 2026 and 2027. Longer-term expectations for both headline inflation and core HICP inflation were unchanged at 2.0%.

    Respondents expected real GDP growth of 1.1% in 2025 and 2026 and 1.4% in 2027. Compared with the previous survey, expectations were revised up by 0.2 percentage points for 2025 but down by 0.1 percentage points for 2026. Growth expectations for 2027 and for the longer term remained unchanged at 1.4% and 1.3% respectively.

    The expected trajectory of the unemployment rate was broadly unchanged. The unemployment rate is expected to average 6.3% in 2025 and 2026 and then to fall to 6.2% in 2027, where it is expected to remain in the longer term (expectations for 2027 were revised marginally down by 0.1 percentage points).

    MIL OSI Global Banks

  • MIL-OSI Banking: Inclusion of “Deogiri Nagari Sahakari Bank Ltd., Chhatrapati Sambhajinagar” in the Second Schedule of the Reserve Bank of India Act, 1934

    Source: Reserve Bank of India

    RBI/2025-26/70
    DoR.RET.REC.42/12.07.160/2025-26

    July 25, 2025

    All Banks,

    Madam / Sir,

    Inclusion of “Deogiri Nagari Sahakari Bank Ltd., Chhatrapati Sambhajinagar” in the Second Schedule of the Reserve Bank of India Act, 1934

    It is advised that “Deogiri Nagari Sahakari Bank Ltd., Chhatrapati Sambhajinagar” has been included in the Second Schedule of the Reserve Bank of India Act, 1934 vide Notification CO.DOR.RAUG.No.S2018/08.02.636/2025-2026 dated June 12, 2025 and published in the Gazette of India (Part III – Section 4) dated July 8, 2025.

    Yours faithfully,

    (Manoranjan Padhy)
    Chief General Manager

    MIL OSI Global Banks

  • MIL-OSI Banking: Inclusion of “Ahmednagar Merchant’s Co-op. Bank Ltd., Ahmednagar” in the Second Schedule of the Reserve Bank of India Act, 1934

    Source: Reserve Bank of India

    RBI/2025-26/69
    DoR.RET.REC.41/12.07.160/2025-26

    July 25, 2025

    All Banks,

    Madam / Sir,

    Inclusion of “Ahmednagar Merchant’s Co-op. Bank Ltd., Ahmednagar” in the Second Schedule of the Reserve Bank of India Act, 1934

    It is advised that “Ahmednagar Merchant’s Co-op. Bank Ltd., Ahmednagar” has been included in the Second Schedule of the Reserve Bank of India Act, 1934 vide Notification CO.DOR.RAUG.No.S2017/08.02.001/2025-26 dated June 12, 2025 and published in the Gazette of India (Part III – Section 4) dated July 8, 2025.

    Yours faithfully,

    (Manoranjan Padhy)
    Chief General Manager

    MIL OSI Global Banks

  • MIL-OSI Russia: Launch from Vostochny: Russian scientists receive a new tool for studying the ionosphere

    Translation. Region: Russian Federal

    Source: Peter the Great St. Petersburg Polytechnic University –

    An important disclaimer is at the bottom of this article.

    On July 25, at 08:54 Moscow time, the Soyuz-2.1b launch vehicle with the Fregat upper stage was launched from the Vostochny Cosmodrome, which delivered two heliogeophysical spacecraft Ionosfera-M No. 3 and No. 4, as well as a group of 18 small space satellites, to their calculated orbits.

    The launch of the Ionosfera-M series satellites completed the formation of a group of four devices of the Ionozond space complex, which will monitor the geophysical environment to conduct fundamental scientific research and solve applied problems.

    The complex was created in the interests of the Russian Academy of Sciences and the Federal Service of Russia for Hydrometeorology and Environmental Monitoring. The Ionosfera-M satellites are designed for a comprehensive study of the upper layers of the Earth’s atmosphere. They will observe various physical processes in the ionosphere, including natural and man-made impacts, changes in electromagnetic fields, atmospheric composition, and ozone distribution. The data obtained will be used by Roshydromet in combination with ground-based observations. The Russian Academy of Sciences plans to conduct ground-space experiments to study the ionosphere’s response to natural phenomena such as hurricanes and volcanic eruptions.

    Also, 18 small satellites have been launched into orbit. Nine of them were created by Geoscan and will be engaged in photographing the Earth, tracking the movement of ships and aircraft, exploring near space and much more. Some of the devices are intended for educational purposes.

    Ivan Bortnik, Advisor to the General Director of the Foundation for Assistance to Innovations, highly appreciated the significance of today’s launch: “This is a great achievement for Roscosmos – the completion of the formation of the Ionosfera-M satellite group for research by our scientists, representatives of fundamental science. Also in this launch are many devices from private satellite-building companies. One of the devices from the Geoscan company is included inSpace Pi project, this is important for the Innovation Promotion Fund and for the Polytechnic University as the founder and leader of the project. This is the first of a series of satellites with which schoolchildren will be able to hunt for supernovae. We, as the Innovation Promotion Fund, held a competition and determined the winners who will begin to manufacture such devices; I hope that they will fly next year.”

    According to Ivan Bortnik, the nanosatellite “239Alferov” of the Presidential Physics and Mathematics Lyceum No. 239 and the Lyceum “Physics and Technology School named after Zh. I. Alferov” will open a new direction of the Space Pi project – the launch of target devices. This is the first of a series of satellites equipped with X-ray sensors that will hunt for supernovae. This will be possible thanks to the network of ground stations created by the company “Geoscan”, covering almost the entire territory of Russia.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI Asia-Pac: Green plan becomes fully digitised

    Source: Hong Kong Information Services

    The Environmental Protection Department announced today that the GREEN$ Electronic Participation Incentive Scheme (GREEN$ ePIS) will be fully digitised on April 1, 2026, under which citizens can redeem gifts at more than 500 supermarkets and retail stores as well as free MTR tickets and local ecotours via the GREEN$ mobile app.

    They will no longer need to visit GREEN@COMMUNITY to redeem a limited selection of around 10 types of gifts with the full digitisation, the department noted.

    Noting that about 87% of the approximately 1.06 million users of GREEN$ ePIS are using the mobile app that allows the seamless transition to full digitisation, the department said it will offer an extra 50 GREEN$ points to those who return their physical cards and switch to the GREEN$ mobile app from August 1 to September 30, 2025.

    The public will be given time to adapt and transition to the new arrangements, as physical gifts will remain available for redemption at GREEN@COMMUNITY until the first quarter of 2026.

    Physical cards will cease operation on April 1, 2026. GREEN@COMMUNITY staff will assist people in installing the GREEN$ mobile app and demonstrate how to use the e-point redemption feature.

    For those without smartphones, their existing physical cards will not be cancelled. They can register their cards at designated GREEN@COMMUNITY facilities and continue to use the GREEN$ points in the physical cards for redeeming gifts.

    After the full digitisation, members of the public can continue to donate GREEN$ points to charitable organisations, the department added.

    Click here for figures including the five most popular gifts redeemed at GREEN@COMMUNITY and the total recyclables collected by GREEN@COMMUNITY in the past years.

    MIL OSI Asia Pacific News

  • MIL-OSI USA: California advances Bay-Delta Plan Update to restore ecosystem health and improve water supply reliability

    Source: US State of California 2

    Jul 24, 2025

    Governor Newsom praises the State Water Board for incorporating the Healthy Rivers and Landscapes Program into the Bay-Delta Plan

    What you need to know: The Newsom Administration’s innovative Healthy Rivers and Landscapes Program, which improves environmental conditions and provides more water supply certainty for California’s communities, farms, and businesses, is moving forward for consideration in the Bay-Delta Plan. This comes alongside a recent legislative proposal to streamline the adoption of water quality plans through new CEQA exemptions.

    SACRAMENTO – Today, the State Water Resources Control Board (State Water Board) proposed an update to its Bay-Delta Water Quality Control Plan that will help protect the Sacramento River, the Delta and associated tributaries (Sacramento/Delta) for generations to come and safeguard water supplies for millions of Californians. The new plan update will help maintain a strong balance between protecting precious ecosystems and ensuring the state can meet the needs of Californians. If adopted, the plan will update environmental science, restore tens of thousands of acres of habitat, and incorporate a groundbreaking program developed by the Newsom administration, creating voluntary agreements with water users, including municipal water agencies, agriculture, and other water rights holders. Advancing California’s Abundance Agenda, the Governor is also introducing a legislative proposal through a separate trailer bill to create new CEQA exemptions for water quality plans. 

    “I am proud to see the Healthy Rivers and Landscapes Program represented in this plan update — it’s a testament to California’s commitment to a collaborative, science-driven approach to managing our water for the benefit of our communities, economy, and fish and wildlife. However, our work is not yet done — I have proposed legislation to create a CEQA exemption for all Water Quality Control Plans that would accelerate the time it takes to get these critical plans done by removing unnecessary and redundant process requirements. We’re done with barriers and obstacles to our state’s success. We must work together to protect our natural resources for the benefit of the habitats and people of our state.”

    Governor Gavin Newsom

    The Newsom Administration, along with state, federal, and local leaders, developed the Healthy Rivers and Landscapes (HRL) Program as an innovative alternate approach to traditional regulatory requirements to improve environmental conditions while providing more water supply certainty to communities, farms, and businesses throughout California. Now, the program has advanced to the State Water Board for consideration as an implementation pathway in the Bay-Delta Plan.

    “The State Water Board’s draft plan update marks a crucial step toward safeguarding the Bay Delta’s water quality,” said California Environmental Protection Agency Secretary Yana Garcia. “By embracing collaborative, science-driven solutions, the board is actively ensuring a more sustainable water future for communities, ecosystems, and generations to come.” 

    The Bay-Delta Plan update now includes two regulatory pathways for water users:

    • A comprehensive Healthy Rivers and Landscapes Program, which would produce ecosystem benefits through a combination of flow and habitat projects.
    • A flow-only approach for those who are not parties to the HRL program. 

    Following a public comment period, the plan will advance before the State Water Board for final consideration.  The plan, developed with extensive public input, including public water agencies, environmental nonprofits, tribal partners, and local governments, is a win for all Californians.

    Streamlining Government to Work Better 

    The Bay-Delta Plan for the Sacramento/Delta has not been meaningfully updated since 1995. Continuing to operate under a plan that does not reflect the most current science, a growing population, or a changing climate is a disservice to California’s communities and ecosystems. In 2022, Governor Newsom brought together local, state, and federal partners to submit an actionable framework for the Voluntary Agreements, later named the Healthy Rivers and Landscapes Program, to the State Water Board.

    If adopted by the State Water Board, the HRL program would dedicate a large quantity of water to the environment and restore more than 45,000 acres of aquatic habitat for fish and other animals. In addition, Governor Newsom secured funding commitments totalling $2.9 billion to implement the HRL program over the next 8 years.

    “This program will improve the health of our rivers by both restoring river flows and revitalizing habitat,” said California Natural Resources Secretary Wade Crowfoot. “After all, fish and wildlife need both to thrive. It also improves coordination and collaboration among public agencies charged with improving river conditions and will enable real-time, science-based decision making that we desperately need to better manage our river systems.”

    “The Healthy Rivers and Landscapes Program will allow for a more collaborative and scientifically sound way to balance conflicting demands for water in an extremely complex watershed. We’re grateful to the State Water Board for embracing this approach as a potential pathway within their regulatory framework,” said California Department of Water Resources Director Karla Nemeth. “Working together, we will find new solutions to the old problem of balancing the needs of ecosystems and economies.”

    “The inclusion of voluntary agreements in the development of this plan will be a big win for California, and will help provide more opportunities for our partners across the state to support California’s irreplaceable fish populations and habitats,” said California Department Fish and Wildlife Director Charlton H. Bonham. “By focusing on the science of restoration, and prioritizing additional flows to support healthy habitats, we can ensure the best possible outcomes for California’s precious natural resources, now and in years to come.”

    Furthering the administration’s agenda to reduce barriers to progress and move projects that Californians need forward, Governor Newsom has also introduced trailer bill language to streamline the adoption of water quality control plans and create new exemptions for water projects under the California Environmental Quality Act (CEQA). This would expedite the potential adoption of the Bay-Delta Plan and the ecosystem benefits it would provide, while still allowing for vital public process and input.

    More information about the proposed Bay-Delta Plan update is available on the State Water Board’s website

    Press releases, Recent news

    Recent news

    News Sacramento, California – Governor Gavin Newsom issued the following statement today on a three-judge panel of the U.S. Court of Appeals for the Ninth Circuit striking down California’s ammunition background check law, which was passed by voters in 2016: Strong…

    News What you need to know: Through Governor Newsom’s support of local government efforts and state investments, California is reversing decades of inaction on homelessness. Last year’s 2024 point-in-time count showed California had outperformed the nation by slowing…

    News SACRAMENTO – Governor Gavin Newsom today approved the predeployment of firefighting resources in Nevada, Sierra, and Plumas counties in response to critical fire weather conditions forecasted to impact Northern California starting Wednesday, July 23, through…

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  • MIL-OSI USA: Governor Newsom statement on the Ninth Circuit striking down one of California’s pivotal voter-approved gun safety laws

    Source: US State of California 2

    Jul 24, 2025

    Sacramento, CaliforniaGovernor Gavin Newsom issued the following statement today on a three-judge panel of the U.S. Court of Appeals for the Ninth Circuit striking down California’s ammunition background check law, which was passed by voters in 2016:

    Strong gun laws save lives – and today’s decision is a slap in the face to the progress California has made in recent years to keep its communities safer from gun violence. Californians voted to require background checks on ammunition and their voices should matter.

    Governor Gavin Newsom

    Most major polls show overwhelming bipartisan support for universal background checks and other gun safety measures, with support typically ranging from 85% to 90%. A 2023 Fox News poll found that 87% of American voters back criminal background checks for all gun buyers. In California, voters approved background checks for ammunition purchases in 2016 by a 63% to 36% margin.

    Recent news

    News What you need to know: Through Governor Newsom’s support of local government efforts and state investments, California is reversing decades of inaction on homelessness. Last year’s 2024 point-in-time count showed California had outperformed the nation by slowing…

    News SACRAMENTO – Governor Gavin Newsom today approved the predeployment of firefighting resources in Nevada, Sierra, and Plumas counties in response to critical fire weather conditions forecasted to impact Northern California starting Wednesday, July 23, through…

    News What you need to know: The number of reported stolen vehicles in California has dropped by 13% – the first year-over-year decrease since before the pandemic. Sacramento, California – California continues to lead the way out of the COVID-induced crime surge, as…

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  • MIL-OSI Africa: Mashatile highlights role of SMEs in economic growth and job creation

    Source: Government of South Africa

    Deputy President Paul Mashatile has highlighted the critical role of small and medium enterprises (SMEs) as crucial contributors to economic development and job creation. 

    “Speaking of job creation, the SMEs are significant contributors to economic development and job creation globally. We can attribute their relevance in reducing unemployment to their ability to react swiftly to market changes,“ he said on Thursday. 

    The country’s second-in-command was delivering his closing remarks during the inaugural Global SME Ministerial Meeting at the Birchwood Hotel & OR Tambo Conference Centre, Boksburg, Gauteng. 

    The Deputy President has called for prioritising the development of SMEs to create jobs and enhance income for youth, women, and marginalised groups.

    He stressed the need for a commitment to resolving regulatory bottlenecks related to cross-border trade and investment, urging participants to focus on local value creation and expanding local supply chain opportunities for micro, small, and medium enterprises (MSMEs). 

    “This can be achieved by ensuring that the Green Economy Transition is supported by clear green industrialisation policies,” he added. 

    The Global SME Ministerial Meeting served as a vital platform for fostering partnerships and setting a collaborative agenda aimed at propelling SMEs towards a more sustainable, inclusive, and prosperous future.

    The meeting concluded with a renewed commitment to support SMEs worldwide, as leaders gathered to address the challenges and opportunities they face in a rapidly changing global landscape. 

    “This inaugural Global SME Ministerial Meeting could not have come at a better time,” he told the attendees. 

    The discussions revolved around key themes such as enhancing access to finance, promoting digital transformation, and facilitating green transitions within the SME sector. 

    Mashatile expressed optimism, highlighting the potential for collaboration and shared goals to unlock significant opportunities for SMEs globally.

    He also took the time to commend the role of the United Nations (UN) in fostering multilateral cooperation during a time when unilateralism is challenging the sustainability of nations. 

    “This relationship is critical in this challenging period of abrupt shifts towards unilateralism, which jeopardise the sustainability of our respective countries and the world,” Mashatile added.

    The Deputy President touched on the “Call to Action” that emerged from the meeting, which reaffirmed support for vital multilateral initiatives, including the Sustainable Development Goals, the Paris Agreement on Climate Change, the Pact for the Future, the Global Digital Compact, the Declaration on Future Generations, the Paris Agreement on Climate Change, and Group of 20 (G20). 

    He stressed South Africa’s position as the G20 Presidency, under the theme of ‘Solidarity, Equality, Sustainability,’ focused on championing developmental issues, particularly in Africa.

    As the G20 Leaders’ Summit approaches, Deputy President Mashatile told attendees that the meeting was instrumental in gathering ministers from the continent and the Global South to exchange insights relevant to the larger G20 agenda.

    “We have heard your voices and will ensure that we champion the issues you have raised in the broader G20 processes and the G20 Leaders’ Summit in November,” he said.

    In addition, a meeting of Trade Promotion Organisations took place alongside the Ministerial Meeting, where participants discussed the impacts of trade protectionism and disruptions to global supply chains. 

    The Deputy President urged governments to enhance trade and economic diplomacy, emphasising the importance of multilateral trade agreements in bolstering economic growth.

    “We must enhance our capabilities to strengthen trade and economic diplomacy, allowing ourselves to engage more effectively in both bilateral and multilateral trade agreements,” Mashatile stated.

    South Africa’s efforts to strengthen regional trade through agreements like the Southern African Customs Union and the African Continental Free Trade Area (AfCFTA) were highlighted as pivotal steps towards unlocking Africa’s economic potential. 

    “The Free Trade Area Agreement can significantly enhance Africa’s entrepreneurial landscape by reducing trade barriers and increasing market access, enabling youth to expand businesses, innovate products and services, and seize untapped opportunities within the continent.” – SAnews.gov.za

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  • MIL-OSI Africa: Northern Cape green energy potential could be ‘heartbeat’ of SA’s economy

    Source: Government of South Africa

    With its immense potential for renewable energy and green hydrogen production and export, the Northern Cape could become a key driver of South Africa’s energy transition and economic growth.

    This is according to President Cyril Ramaphosa who delivered remarks at the opening session of a Presidential engagement between the National Executive and the Provincial Executive of the Northern Cape.

    “I have said on a number of occasions that the Northern Cape is an economic pioneer and a frontier of innovation. Last year, there was a report published…that characterised the province as South Africa’s emerging powerhouse – quite literally.

    “The Northern Cape is at the forefront of the clean energy revolution and is experiencing a significant surge in power projects, notably solar and green hydrogen,” the President said.

    According to the African Green Hydrogen Alliance (AGHA) – which is made up of 10 African states, including South Africa – the green hydrogen industry has the potential to add between $66 billion and $126 billion to the Gross Domestic Product of the member countries over the next 25 years.

    Government is already working on capitalising on this with the Boegoebaai Port and Rail Development named as one of the top seven infrastructure priorities for 2025/26.

    “The province’s Green Hydrogen Masterplan is ambitious in both scope and potential – not just for the Northern Cape but for the national economy as well. It is also, a potential that can have an impact on SADC and even for our continent.

    “In recent months I, together with a number of members of the National Executive, …have participated in multilateral discussions and business forums where we have been articulating our vision of South Africa being a leader in the renewable energy revolution.

    “And to quote the [Pulitzer Centre] report, once the energy transition unfolds as envisaged, the Northern Cape could be the new heartbeat of the economy,” he said.

    The President noted the strides made in the province becoming an industrial hub.

    “This is supported by traditional industries like mining, but is being expanded through special economic zone development, industrial park development and major infrastructure developments, notably in port and rail,” he said.

    Resolving challenges

    President Ramaphosa acknowledged that while the province’s economy has been growing and creating jobs, “persistent challenges” remain.

    “National Treasury’s 2024 provincial socio-economic review points to an increase in the percentage of people living in poverty and…a drop in the number of households with access to basic services like water. Unemployment, especially youth unemployment, remains high.

    “Fiscal constraints are holding back a number of projects particularly at a municipal level, including for disaster response, asbestos eradication, land restitution, rural electrification and public housing.

    “Much as we look at the potential and the progress that is being made, these challenges are still casting a shadow on our way to much better development,” he said.

    To resolve some of these challenges, the President said government will have to find ways to “support high impact projects” in the vein of the Northern Cape Industrial Corridor, the province’s R1 billion housing programme and the Kimberley Big Hole precinct.

    “We will also need to find creative funding mechanisms for major projects…for instance the Boegoebaai Harbour project. That is a project that will turn the fortunes of our province around. 

    “We need an urgent relook at the current delivery model to enable regulatory approval and investment activation,” he said.

    The President emphasised that integrated planning between all three spheres of government “must involve State-owned enterprises as important stakeholders with significant capabilities”.

    This integration must also align with the Medium-Term Development Plan. 

    “We are keen to discuss how the province is addressing the issue of climate change and its state of readiness to respond to natural disasters.

    “Another challenge that we need to address is at the local government level…how we are able to improve our local government sphere and find ways of ensuring that this province is able to move up to a high level in terms of tourism.

    “There is latent potential in this province where we can actually exploit the number of endowments that the Northern Cape has,” President Ramaphosa said. – SAnews.gov.za

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  • MIL-OSI Africa: Majodina to inspect R2.7 billion Sol Plaatje water project

    Source: Government of South Africa

    Friday, July 25, 2025

    Water and Sanitation Minister Pemmy Majodina is set to conduct an oversight inspection of the Sol Plaatje Integrated Bulk Water Intervention Project in the Northern Cape on Saturday to assess progress on critical bulk infrastructure aimed at improving water supply in the region.

    The project, valued at over R2.7 billion, is located at the old Riverton Water Treatment Plant and forms part of a broader initiative by the Department of Water and Sanitation to assist the Sol Plaatje Local Municipality to meet its constitutional responsibility to provide reliable water and sanitation services.

    According to the department, the municipality applied for the Budget Facility Infrastructure (BFI) to Water and Sanitation, through its Regional Bulk Infrastructure Grant (RBIG) programme and the National Treasury, to fund the refurbishment and upgrade of the existing bulk water supply system.

    The goals of the project include reducing non-revenue water losses, improving the assurance and quality of water supply, and enhancing the municipality’s long-term financial sustainability.

    As most of the project scope comprises refurbishment and repairs of existing infrastructure, a progressive project development approach has been structured into three phases, namely: 

    • Phase 1: Emergency intervention- focused on restoring water supply and improving water quality.
    • Phase 2: Emergency work- focused on the upgrade of the water treatment and quality.
    • Phase 3: Long-term interventions- Include the development of various water storage facilities. – SAnews.gov.za
       

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