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  • MIL-OSI Russia: Moscow has signed an agreement with one of the Russian banks on cooperation in the implementation of KRT projects

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    At the XXVIII St. Petersburg International Economic Forum, the Moscow Government signed an agreement on interaction and development of cooperation in the sphere of implementation of integrated territorial development projects (ITD) with PAO Bank PSB. This was reported by the Minister of the Moscow Government, head of the capital’s Department of Urban Development Policy Vladislav Ovchinsky.

    “The agreement that the city signed with one of the largest banks, PSB Bank, will be valid for 10 years. We expect that the result of our joint work will be an increase in the availability of loans and the attraction of bank guarantees in accordance with the requirements of the agreement on KRT. Banks – partners of the program for the integrated development of territories will provide investors with financing at all stages of project implementation. It will be available to both capital companies and regional developers,” noted Vladislav Ovchinsky.

    The main goal of the city’s cooperation with banks in the urban development sphere is to create favorable conditions for investors participating in the implementation of KRT projects. Thus, investors receive support not only from the city, but also from large financial organizations.

    According to the program of integrated development of territories, multifunctional city blocks are being created, where roads, comfortable housing and all necessary infrastructure are being designed on the site of former industrial zones and inefficiently used areas. Currently, 302 KRT projects with a total area of about 4.2 thousand hectares are at various stages of development and implementation in Moscow. This work is being carried out on behalf of Sergei Sobyanin.

    Get the latest news quicklyofficial telegram channel the city of Moscow.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/155498073/

    MIL OSI Russia News –

  • MIL-OSI Russia: The Moscow Government has signed agreements with new participants in the “Labor Productivity” project

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    At the XXVIII St. Petersburg International Economic Forum, the Moscow Government signed agreements on participation in the federal project “Labor Productivity” with four Moscow companies. They are engaged in the manufacturing industry, scientific research, and the tourism and hospitality sector. On behalf of the Government, the documents were signed by Maria Bagreeva, Deputy Mayor of Moscow, Head of the Department of Economic Policy and City Development.

    “The “Labor Productivity” project is one of the key measures to support the capital’s business, which over three years of implementation has already proven its effectiveness for more than 400 Moscow companies from various industries: manufacturing, construction, transportation and storage, tourism, trade, research and development (R&D) and others. Thanks to participation in the project, companies were able to restructure business processes, find hidden reserves, improve employee qualifications, optimize work and save money for investment in further development without additional costs. On behalf of the Moscow Government, I welcome new participants in the “Labor Productivity” project in the capital. I am confident that our joint work will bring high-quality results and allow companies to reach a new level of development,” emphasized Maria Bagreeva.

    New participants talk about their expectations from the project

    The manufacturing industry is represented by the Aquarius group of companies, which is included in the list of systemically important organizations in the electronics industry. It provides a full production cycle from printing boards and assembling components to assembling and testing finished products, and also supplies high-tech equipment and implements IT projects throughout the country. The project will be implemented by experts from the Federal Competence Center.

    Chairman of the Board of Directors of the group of companies Alexey Kalinin said that participation in the federal project is an important step towards further growth. Lean manufacturing is a tool for increasing the efficiency, technology and sustainability of business processes, which is especially relevant for the advanced development of radio electronics and the creation of competitive advantages, including in the global market.

    Sobyanin spoke about the implementation of the national project “Labor Productivity” in MoscowHow to improve business efficiency with lean technologies will be discussed in the course for entrepreneurs

    The Research Institute of Railway Transport (JSC VNIIZhT), a leading scientific center in the railway industry, has become a new participant in the Labor Productivity project from the R&D sphere. Deputy General Director for Engineering, Implementation and Development of Technologies of the joint-stock company Evgeny Shishkov noted the special value of cooperation with experts from the Moscow regional competence center. The successful experience of other enterprises has proven the effectiveness of the project, and therefore the company is confident that the implementation of lean technologies will allow it to optimize key scientific and production processes.

    In the tourism and hospitality sector, the Radisson Collection Hotel, Moscow, has joined the project. General Manager Stanislav Kondov said that the practical experience of colleagues from the network who are already participants in the project has proven the effectiveness of the program: they have managed to optimize work processes and reduce costs. For the pilot stage, they chose the registration of hotel guests and hope to achieve high results.

    Another new participant is the Shokoladnitsa group of companies. Pavel Perov, Executive Director for Production, emphasized that the introduction of lean manufacturing principles is currently being considered to improve the operational efficiency of both the food preparation process and the work of the retail chain of coffee shops. This experience will help strengthen the competitive advantage in the areas of production and sales.

    In 2022–2024, the national project “Labor Productivity” was implemented in Moscow using funds from the city budget. How reported Sergei Sobyanin, 419 enterprises took part in it, including about a quarter of the city’s large and medium-sized industrial companies. Since 2025, Moscow companies have continued to increase labor productivity within the framework of the national project “Efficient and competitive economy” (federal project “Labor Productivity”). The federal project is being implemented in the capital at the expense of the city budget. Applications for participation are accepted atwebsite regional competence center of Moscow.

    Get the latest news quicklythe city’s official telegram channel Moscow.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/155504073/

    MIL OSI Russia News –

  • MIL-OSI Canada: Competition Bureau makes recommendations to improve competition in Canada’s airline industry

    Source: Government of Canada News (2)

    Increased competition would improve affordability, service, and choice for Canadians.

    Inuktitut version (PDF):

    June 19, 2025– GATINEAU (Québec), Competition Bureau

    The cost of flying is a major concern for Canadians. For many, particularly those in northern and remote communities, air travel is not a luxury – it is a necessity. 

    Today, the Competition Bureau published its market study report – Cleared for take-off: Elevating airline competition – which makes recommendations to governments for increasing competition in Canada’s domestic airline industry. 

    The Bureau’s study found that despite the recent entry and expansion of new airlines, the domestic market remains highly concentrated and competition from new sources remains fragile. At major airports across the country, Air Canada and WestJet together account for roughly half to three quarters of all domestic passenger traffic. 

    The Bureau’s report outlines three areas of focus for governments to create the right conditions for competition in the industry. These are:

    More competition in the airline industry would mean lower prices, more options and better service for Canadians. The Bureau found that when just one new competitor flies on a route between two cities, airfares go down by 9% on average, highlighting the benefits that competition can deliver

    MIL OSI Canada News –

  • MIL-OSI Canada: Backgrounder: Unique air travel challenges for northern and remote communities

    Source: Government of Canada News

    Backgrounder

    Highlights from the Competition Bureau’s market study of Canada’s airline industry

    June 19, 2025 – GATINEAU (Québec), Competition Bureau

    The Competition Bureau’s market study on competition in Canada’s airline industry included an analysis of the unique challenges faced by northern and remote communities.

    For these communities, air transportation is essential—not optional. It impacts even those who never fly. Residents depend on it for access to healthcare, groceries, medicine, jobs, and social connection. Yet harsh weather, small populations, limited facilities, and high costs make it difficult for airlines to serve these markets.

    This backgrounder summarizes the market study’s key findings concerning air travel for Canada’s northern and remote communities, and our recommendations on how to improve competition.

    What we heard

    The Bureau consulted with nearly 50 stakeholders on the challenges faced by northern and remote regions, including airlines, industry associations, academics, airports, consumer associations, regional chambers of commerce, and provincial, territorial, and federal governments. We also heard from over 200 members of the public about northern issues during public consultations in June and August 2024. To gain a deeper understanding of these challenges, Bureau employees visited Iqaluit as a part of this study and met with local stakeholders.

    Residents across the North—particularly in Nunavut—shared consistent concerns about the high cost of air travel, limited competition, and unreliable service.

    Most routes in Nunavut are served by two airlines: Canadian North, which primarily operates in the Qikiqtaaluk and Kitikmeot regions, and Calm Air, which mainly serves the Kivalliq region (with both carriers overlapping only at Rankin Inlet). This limited competition, combined with rising costs and reduced flight options, affects residents’ ability to travel, access essential services, and get work or business opportunities.

    The Bureau’s prior work in northern aviation

    The Bureau has examined competition issues in northern and remote airlines markets in the past. For example:

    • In 2016, the Bureau investigated concerns over alleged predatory pricing by First Air and Canadian North to block a new entrant, GoSarvaq. While there were signs that First Air’s and Canadian North’s pricing promotions likely had some impact on GoSarvaq’s entry plans, the Bureau concluded that there was not enough evidence to take enforcement action. GoSavarq ceased operations shortly thereafter.
    • In 2019, the Bureau reviewed the merger of Canadian North and First Air and concluded it would likely reduce competition and lead to higher prices and worse service. However, the federal cabinet, on the recommendation of the Minister of Transport, approved the merger with conditions to limit price hikes and service cuts. In April 2023, those conditions were amended due to the pandemic’s impact on the airline industry.

    Although our current study did not re-examine these cases in detail, stakeholders consistently raised concerns about aggressive competitive responses to entry and cited the merger of Canadian North and First Air as an example of how limited competition and policy gaps have harmed air service in the North.

    Persistent challenges in northern aviation

    In our report, we identified barriers that make it difficult for new players to enter and expand services in northern and remote communities. These include:

    • Vast geography and isolation: Small, spread-out populations in the North limit potential revenue for airlines, a significant challenge as they also face high operating costs—such as fuel, labor, and housing.
    • Underdeveloped airport facilities: Infrastructure such as buildings, weather monitoring systems, and runways play a large role in airlines’ operations. This airport infrastructure is underdeveloped in the North, making it more challenging for airlines to operate, and causing their costs to rise.
    • Regulations are not adapted to northern factors: Regulations play an important role in the aviation sector, but their standard application in northern and remote regions can impose burdens on airlines that cost them money and may drive them to exit the market. A one-size-fits-all approach to regulations does not work for the specific conditions of northern communities.
    • Unnecessary bidding restrictions on government contracts: Government contracts are important to northern airlines. When contracts are difficult for smaller operators to bid on, it can limit the number of airlines that can compete.
    • The strategic behaviour of existing airlines: Existing airlines can make it hard for new airlines to enter the northern market by restricting access to airline-owned airport facilities and by aggressively cutting prices and adding extra seats on routes served by the new airlines.

    These unique challenges show why solutions must be tailored to northern needs. While the economics of operating in the North limits the number of competitors serving many routes, competition can be enhanced by making it easier for newer or more efficient airlines to operate in the market.

    Our recommendations

    To improve competition in northern and remote communities, the Bureau makes the following recommendations to governments:

    1. Coordinate leadership of northern and remote aviation. Establish a national working group focused on remote air transportation to properly address the unique challenges of these regions. This group should prioritize competitive solutions that lead to high-quality and accessible air service for northern communities.
    2. Tailor regulations to the northern context. Adopt an approach to policy specific to the North that reduces unintended regulatory costs on northern operators.
    3. Leverage government investments and tools to foster competition. Improve critical infrastructure at key northern airports and develop open-access airport facilities to reduce operational barriers and enable broader carrier access. Open government contracts to as many bidders as possible and promote interlining agreements to expand carrier participation and support regional connectivity.

    We make additional recommendations in our market study to promote airline entry and growth, as well as to support informed passenger decision-making. Those recommendations would also benefit northern and remote communities.

    Our commitment to protect airline competition

    We recognize the important role the Competition Bureau plays to safeguard competition against anti-competitive activity in this sector. In addition to our recommendations for governments across Canada, we will continue to approach our work in the Canadian airline industry with careful attention and scrutiny. Following recent amendments to the Competition Act, we are committed to using our full range of enforcement tools. This includes seeking court orders where appropriate to try to quickly stop anti-competitive practices.

    MIL OSI Canada News –

  • MIL-OSI: $500 Loan for Bad Credit with No Credit Check Instant Approval – Just Launched by Radcred

    Source: GlobeNewswire (MIL-OSI)

    Glendale, California, June 19, 2025 (GLOBE NEWSWIRE) — Radcred announced the launch of a new online platform designed to help Americans manage unexpected financial challenges by offering access to $500 loan options, even for those with poor credit. The service connects applicants to a network of vetted direct lenders, aiming to provide clear terms, data security, and fast application decisions.

    The platform enables borrowers to complete secure online applications and receive same-day responses. With competitive rates and straightforward repayment plans, the initiative offers an alternative to traditional short-term lending practices.

    Americans Turn to Radcred Amid Rising Need for $500 Emergency Loans

    In today’s uncertain economy, more Americans are seeking fast, reliable solutions for small financial emergencies. Radcred has become a go-to loan platform because it simplifies access to $500 payday loans, $500 loan no credit check direct lender options, and urgent loans for bad credit. With its network of no credit check loans direct lenders, Radcred helps borrowers secure loans for bad credit with instant approval when they need it most.

    • Rising Cost of Living: Everyday expenses, from medical bills to car repairs, are pushing many to seek small-dollar loans. Radcred meets this demand with affordable options.
    • Access for Low-Credit Borrowers: Unlike banks, Radcred’s network welcomes borrowers with bad credit or no credit history at all.
    • Fast Processing: Radcred specializes in same-day approvals, enabling borrowers to cover emergencies promptly.
    • Transparent Fee Structure: Borrowers see rates and fees upfront, ensuring no surprises later.

    UNDERSTAND REPAYMENT PLANS THAT FIT BUDGETS

    Who Can Qualify for Radcred’s $500 Loan with Bad Credit?

    Radcred has streamlined its qualification requirements, allowing many to apply with confidence for a $500 loan no credit check or bad credit loans. Even those with low or no credit history are encouraged to explore this option. By working with a no credit check loans guaranteed approval direct lender network, Radcred makes it easier for borrowers to access urgent loans for bad credit and loans for bad credit instant approval nationwide. Let’s have a look at who qualifies for a $500 loan with bad credit.

    • U.S. Residents Age 18+: Applicants must be legal U.S. residents, at least 18 years of age.
    • Proof of Income: Borrowers must demonstrate a steady income source through employment, benefits, or self-employment.
    • Active Checking Account: An operational bank account is required to receive electronic funds.
    • Valid Contact Information: Email and phone details are required to ensure smooth communication throughout the loan process.
    • Minimal Debt-to-Income Ratio: While flexible, lenders may review your existing obligations to confirm loan affordability.

    COMPARE LENDERS TO MAKE INFORMED CHOICES

    How Radcred’s $500 Loan No Credit Check Process Works?

    Radcred has made it simple to apply for a $500 loan with no credit check from a direct lender. Every step is designed for ease, speed, and security. The platform connects borrowers with a network of no credit check loans guaranteed approval direct lenders, helping those in need of urgent loans for bad credit or loans for bad credit with instant approval. Applicants can complete the process online, with no paperwork or in-person visits required.

    • Step 1: Submit the Online Form: The process begins with a secure, easy-to-complete form that requests basic financial details.
    • Step 2: Instant Lender Matching: Radcred connects you with direct lenders most likely to approve your application.
    • Step 3: Review Offers: Borrowers can compare loan terms side by side, including APR, fees, and repayment timelines.
    • Step 4: Sign the Agreement: Once you are satisfied, you will electronically sign your agreement, locking in your loan terms.
    • Step 5: Same-Day Deposit: Funds are typically deposited the same business day, helping you address urgent needs fast.

    How Radcred Differs from Payday Lenders in Bad Credit Loans?

    While payday lenders often focus on short-term, high-cost loans that can lead to debt cycles, Radcred provides more sustainable alternatives designed to help borrowers avoid long-term debt traps. Radcred connects applicants to no credit check loans guaranteed approval, and direct lenders offering transparent terms for bad credit loans with no credit check.

    • Competitive APRs: Radcred’s lenders offer lower, more competitive rates than typical payday shops.
    • Transparent Terms: You’ll see all costs upfront with no hidden rollover fees that payday loans often include.
    • Flexible Repayment Plans: Borrowers can often choose installment-based repayments instead of a single lump-sum payment.
    • No Store Visits Required: Radcred’s platform is 100% online with no waiting in line or paperwork.
    • Vetted Lender Network: Each partner is reviewed for fair practices, so you avoid predatory terms.

    Benefits of Choosing Radcred for Your $500 Personal Loan

    Radcred connects borrowers to direct lenders offering $500 loan options for bad credit with clear terms and no hidden fees. Applicants provide basic financial and contact details through a secure form. The platform matches them with lenders, allowing review of rates and terms before accepting an offer. Funds are typically deposited within one business day.

    • Quick Online Application: Complete the form in minutes, from anywhere, at any time.
    • No Credit Check Loans Guaranteed Approval Direct Lender: Bad credit? No worries. Radcred’s partners consider more than just scores.
    • Multiple Offers: Borrowers can select from several loan options, finding the one that fits their budget.
    • Safe and Secure Platform: Radcred uses encryption technology to protect personal and financial data.
    • No Hidden Fees: What you see is what you pay with no surprise charges.

    Common Uses for Emergency Loans

    Radcred loans are designed for life’s urgent moments, offering quick, no credit check funding to help borrowers handle unexpected expenses with ease, reliability, and less stress.

    • Emergency expenses: Radcred offers fast loans for car repairs, medical bills, or urgent household needs.
    • Medical emergencies: Borrowers can cover unexpected bills or co-pays without delay.
    • Car repairs: Quick funding helps users get back on the road fast.
    • Utility bills: Prevent disconnections with fast loan approval.
    • Groceries and essentials: Bridge short-term cash gaps to cover daily needs.
    • Childcare costs: Handle last-minute daycare or school-related expenses stress-free.

    CHECK ELIGIBILITY REQUIREMENTS BEFORE APPLYING ONLINE

    Technology Used by Radcred For Urgent Loans for Bad Credit

    Radcred integrates modern financial technology and security protocols to support borrowers with bad credit seeking loan options.

    • Advanced Fintech: The platform leverages technology designed to enhance processing speed, security, and ease of use.
    • Real-Time Matching: An automated system helps match applicants with direct lenders based on provided income, banking details, and loan request information.
    • Efficient Decisions: The process is designed to reduce manual review time, allowing applicants to receive lender matches and decisions promptly.
    • Data Security: Radcred uses 256-bit SSL encryption to protect personal and financial data, supporting privacy and secure transactions.
    • Mobile Compatibility: The platform can be accessed securely from smartphones, tablets, or desktops for added convenience.

    Radcred’s system reflects a focus on security, efficiency, and accessibility for individuals exploring loan solutions through its network of direct lenders.

    Final Thoughts: Radcred Delivers Essential Relief for Low Credit Consumers

    Radcred’s $500 loan for bad credit with no credit check provides a reliable solution for urgent expenses. Partnering with vetted subprime lenders, it offers competitive APRs, transparent fees, and side-by-side comparisons of rates, fees, and terms. With its focus on safety, speed, and borrower-friendly policies, Radcred delivers quick, trustworthy financial support.

    About Radcred

    Radcred is an online platform that links borrowers with third-party lenders offering personal and emergency loan options. It does not provide loans itself but enables secure online applications. The platform prioritizes data protection, regulatory compliance, and connecting users to short-term loan solutions through its trusted network.

    Disclaimer

    This press release is for informational purposes only and not financial advice. Loan terms, rates, and approvals vary by lender and applicant profile. Radcred is not a lender and does not make credit decisions. Review all terms carefully and consider consulting a financial professional before applying.

    The MIL Network –

  • MIL-OSI Economics: Performance of Private Corporate Business Sector during Q4:2024-25

    Source: Reserve Bank of India

    Today, the Reserve Bank released data on the performance of the private corporate sector during the fourth quarter of 2024-25, drawn from abridged quarterly financial results of 2,936 listed non-government non-financial companies. This summary position also includes comparable data for Q4:2023-24 and Q3:2024-25 to enable study of sequential (q-o-q) and annual (y-o-y) change (web-link https://data.rbi.org.in/DBIE/#/dbie/reports/Statistics/Corporate%20Sector/Listed%20Non-Government%20Non-Financial%20Companies).

    Highlights

    Sales

    • Sales of listed private non-financial companies registered 7.1 per cent growth (y-o-y) during Q4:2024-25 as compared to 8.0 per cent growth in the previous quarter (6.9 per cent in Q4:2023-24) (Table 1A).

    • Aggregate sales growth (y-o-y) of 1,659 listed private manufacturing companies moderated to 6.6 per cent during Q4:2024-25 from 7.7 per cent during the previous quarter; even as major industries such as electrical machinery, chemicals, food products and pharmaceuticals industries recorded double digit sales growth; weak performance of petroleum industry pulled down the sector’s sales growth (Table 2A and 5A, Chart 1).

    • On annual basis, sales growth (y-o-y) of IT companies improved further to 8.6 per cent in Q4 from 6.8 per cent in the previous quarter and 3.1 per cent a year ago.

    • Sales of non-IT services companies continued to grow in double digits at 10.9 per cent in Q4, on the back of good performance of telecommunication and transport & storage companies.

    Expenditure

    • Manufacturing companies’ expenses on raw material rose by 8.3 per cent (y-o-y) in tandem with their sales growth, however, raw material to sales ratio broadly remained stable during Q4 from the previous quarter (Table 2A and 2B).

    • Staff cost of manufacturing, IT and non-IT services companies rose by 10.0 per cent, 6.4 per cent and 9.5 per cent, respectively, during Q4:2024-25. Staff cost to sales ratio for manufacturing, IT and non-IT services companies broadly remained stable at 5.5 per cent, 48.0 per cent, and 10.1 per cent, respectively, during Q4:2024-25.

    Pricing power

    • Operating profit of manufacturing and non-IT services companies rose by 8.1 per cent and 18.4 per cent, respectively, during Q4, while it increased modestly by 2.4 per cent for IT companies (Table 2A).

    • Operating profit margin improved for manufacturing and non-IT services companies sequentially to 14.7 per cent and 23.0 per cent, respectively, during Q4, while it moderated for IT companies by 190 bps to 21.3 per cent in Q4 from the previous quarter (Table 2B and Chart 2).

    Interest expenses

    • With sequential rise in profits, manufacturing companies’ interest coverage ratio (ICR)1 improved to 8.7 in Q4:2024-25 from 7.6 in the previous quarter. ICR for non-IT services companies remained steady and continued to stay above unity, while it improved for IT service companies during Q4 (Table 2B).

    List of Tables

    Table No. Title
    1 A Performance of Listed Non-Government Non-Financial Companies Growth Rates
    B Select Ratios
    2 A Performance of Listed Non-Government Non-Financial Companies – Sector-wise Growth Rates
    B Select Ratios
    3 A Performance of Listed Non-Government Non-Financial Companies according to Size of Paid-up-Capital Growth Rates
    B Select Ratios
    4 A Performance of Listed Non-Government Non-Financial Companies according to Size of Sales Growth Rates
    B Select Ratios
    5 A Performance of Listed Non-Government Non-Financial Companies according to Industry Growth Rates
    B Select Ratios
    Explanatory Notes
    Glossary

    Notes:

    • The coverage of companies in different quarters varies, depending on the date of declaration of results; this is, however, not expected to significantly alter the aggregate position.

    • Explanatory notes detailing the compilation methodology, and the glossary (including revised definitions and calculations that differ from previous releases) are appended.

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/565

    MIL OSI Economics –

  • MIL-OSI Economics: Secretary-General of ASEAN meets with AMMSTI Chair 2025

    Source: ASEAN – Association of SouthEast Asian Nations

    Dr. Kao Kim Hourn, Secretary-General of ASEAN, today met with H.E. Laksana Tri Handoko, ASEAN Ministerial Meeting on Science, Technology and Innovation (AMMSTI) Chair 2025 and Chairman of the National Research and Innovation Agency (BRIN) of the Republic of Indonesia, on the sidelines of the AMMSTI-21, in Jakarta, Indonesia. They recognised Indonesia’s strong leadership in shaping ASEAN’s STI future, including through the launch of ASEAN Plan of Action on STI (APASTI) 2026–2035, among others. SG Dr. Kao also tabled a proposal for an AMMSTI–Dialogue Partner platform at the ministerial level to secure deeper global partnership. Both sides reaffirmed STI as a vital force for a resilient, competitive, and future-ready ASEAN.

    The post Secretary-General of ASEAN meets with AMMSTI Chair 2025 appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Global: Anti-ageing drug rapamycin may extend life almost as effectively as restricting calories – our new research

    Source: The Conversation – UK – By Zahida Sultanova, Post Doctoral Research Fellow, School of Biological Sciences, University of East Anglia

    There’s a better way. Africa Studio/Shutterstock

    For centuries, humans have searched for ways to extend life. Alchemists never found the philosopher’s stone, but scientists have consistently shown that a longer life can be attained by eating less – at least in certain lab animals. But can we find a way to live longer while still enjoying our food?

    Compounds that mimic the biological effects of dieting could be the answer, and the two most popular diet-mimicking drugs are rapamycin and metformin. In a new study, my colleagues and I found that rapamycin prolongs life almost as consistently as eating less, whereas metformin does not.

    Eating less, or dietary restriction, has been the gold standard for achieving a longer life ever since a study nearly a century ago in which laboratory rats that ate less surprised scientists by outliving their well-fed lab mates.

    But for many people, sticking to a permanent diet is hard and far from enjoyable. Also, if taken to extremes, it can even be bad for health. That is why we wanted to know whether drugs that are dieting mimics could bring the same benefit of eating less without the unwanted side-effects.

    Rapamycin was first discovered in bacteria living in Easter Island soil in the 1970s, and medical professionals now use it to prevent organ-transplant rejection, as it is a powerful immunosuppressant. It works by blocking a molecular switch that tells cells when nutrients are abundant.

    Metformin, meanwhile, is a synthetic descendant of a compound found in French lilac (also known as goat’s rue) and is widely prescribed to control blood sugar in type 2 diabetes. Both drugs are involved in the body’s ability to sense nutrients and energy, so biologists like us hoped they might copy the mechanisms activated by eating less.

    To find out, we pooled the results of many studies to see if there were any overall patterns. We carefully examined thousands of scientific papers to finally home in on 167 studies on eight vertebrate species, from fish to monkeys, that provided sufficient details on survival and how the study was done. Then we compared three longevity strategies: eating less, taking rapamycin and taking metformin.

    We found that eating less still came out on top as the most consistent way to prolong life in all animals but rapamycin was close behind. Metformin, in contrast, showed no clear benefit. The life-extension effect of eating less was the same in both sexes, and it didn’t matter whether the diet plan involved eating smaller portions or intermittent fasting.

    That makes rapamycin one of the most exciting leads for new anti-ageing therapies. Ageing might not be considered a disease, but it is a risk factor behind many diseases from cancer to dementia. If we slow that underlying process, the benefit will be extra years of quality life and lower healthcare bills as the world’s population grows older.

    Rapamycin was first isolated from bacteria found in the soil on Easter Island.
    JHVEPhoto/Shutterstock.com

    Encouraging early signs, but we’re not quite there yet

    However, there are some important points to consider. First, we discovered considerable variation from experiment to experiment with some studies even showing that eating less or taking rapamycin reduced lifespan.

    Also, most of the evidence originates from mice and rats that have many of our genes but are clearly not exactly like us.

    Finally, rapamycin may have side-effects such as repressing immunity and reproduction. Researchers are now investigating milder doses of rapamycin to see if they provide the advantages without the side-effects.

    The preliminary signs are encouraging. In an ongoing human rapamycin trial, volunteers given low, intermittent doses of rapamycin have experienced positive effects on indicators of healthspan. For metformin, the human trial is still in progress and the findings are expected to be out in a few years time.

    For now, nobody should run to their doctor asking for prescriptions of rapamycin to live longer. But this drug, extracted from obscure soil bacteria, shows us that interfering with a single molecular pathway can be enough to mimic the benefits of eating less. The challenge is to use this discovery to produce therapies that make us healthier for longer without compromising our quality of life – or our taste for the occasional slice of chocolate cake.

    Dr. Zahida Sultanova works for the University of East Anglia and is funded by the Leverhulme Trust. She is a member of European Society of Evolutionary Biology (ESEB) and Ecology and Evolutionary Biology Society of Turkey (EkoEvo).

    – ref. Anti-ageing drug rapamycin may extend life almost as effectively as restricting calories – our new research – https://theconversation.com/anti-ageing-drug-rapamycin-may-extend-life-almost-as-effectively-as-restricting-calories-our-new-research-259169

    MIL OSI – Global Reports –

  • Israel attacks Iran’s only operating nuclear power plant

    Source: Government of India

    Source: Government of India (4)

    Israel said on Thursday it had struck Iran’s only functioning nuclear power plant on the Gulf coast, potentially a major escalation in its air war against Iran.

    Israel has struck a number of Iranian nuclear targets since launching its attacks last week. But a strike on the Bushehr plant, which is located near Iran’s Arab Gulf neighbours and employs technicians from Russia, would be widely be seen as a big step.

    An Israeli military spokesperson said on Thursday the military had struck nuclear sites in Bushehr, Isfahan, and Natanz, and continued to target additional facilities.

    Bushehr is Iran’s only operating nuclear power plant. It uses Russian fuel that Russia then takes back when it is spent to reduce proliferation risk.

    Iranian missiles hit an Israeli hospital overnight, as President Donald Trump kept the world guessing about whether the U.S. would join Israel in airstrikes.

    Prime Minister Benjamin Netanyahu, who has vowed to press on with Israel’s biggest ever attack on Iran until his arch enemy’s nuclear programme is destroyed, said Tehran’s “tyrants” would pay the “full price”.

    His Defence Minister Israel Katz said the military had been instructed to intensify strikes on strategic-related targets in Tehran in order to eliminate the threat to Israel and destabilise the “Ayatollah regime”.

    (Reuters)

  • Yoga for all: ten signature events to mark decade of International Day of Yoga in 2025

    Source: Government of India

    Source: Government of India (4)

    As the world prepares to celebrate the 11th International Day of Yoga (IDY) on June 21, India has announced a robust line-up of ten Signature Events to commemorate a decade of the global yoga movement. With the overarching theme “Yoga for One Earth, One Health,” these events aim to broaden yoga’s reach across demographics, geographies, and disciplines, reinforcing its transformative impact on health, lifestyle, and cultural integration.
     
    Over the past ten years, IDY has evolved from a symbolic celebration into a nationwide and global wellness initiative. The Ministry of AYUSH, which spearheads the event, has designed these ten Signature Events to deepen yoga’s engagement with various segments of society — from children and senior citizens to international delegates and urban youth.
     
    Yoga Sangam: A Synchronized National Demonstration
     
    The flagship event, Yoga Sangam, will see a mass yoga demonstration based on the Common Yoga Protocol (CYP) held simultaneously at over one lakh locations across India on June 21 from 6:30 AM to 7:45 AM. Prime Minister Narendra Modi will lead the national event from Visakhapatnam, Andhra Pradesh. The Common Yoga Protocol, developed by the Ministry of AYUSH, is designed to be inclusive and accessible, with materials available in 22 Indian languages, 6 UN languages, and 9 other foreign languages.
     
    Fostering International Collaboration with Yoga Bandhan
     
    Yoga Bandhan focuses on international exchange, promoting bilateral collaboration through the mutual participation of yoga practitioners from India and partner countries. Indian delegates will conduct sessions and discussions abroad, while foreign representatives will be hosted in immersive programs in India culminating in the main IDY celebrations.
     
    Creating Wellness Spaces Through Yoga Park
     
    The Yoga Park initiative seeks to convert public parks in rural Panchayats and urban municipalities into dedicated yoga-friendly zones. These upgraded parks will host regular sessions led by trained instructors and feature informative displays to facilitate self-guided practice. Accessibility for all age groups and health needs remains a key component of this effort.
     
    Inclusive Health with Yoga Samavesh
     
    Acknowledging the diverse health requirements of different populations, Yoga Samavesh has developed special yoga modules tailored to groups such as children, adolescents, pregnant women, senior citizens, and individuals managing conditions like diabetes, hypertension, and mental health issues.
     
    Evaluating a Decade of Impact with Yoga Prabhav
     
    Yoga Prabhav is a research-driven initiative that assesses the ten-year journey of IDY, highlighting its influence on public health, policy, and awareness. The findings were unveiled during Yoga Connect, a global summit held on June 14, which brought together leading yoga experts from across the world.
     
    A Global Platform in Yoga Connect
     
    Yoga Connect aims to serve as an inclusive platform for global dialogue on yoga. With hybrid participation, the summit encouraged cross-cultural exchanges, institutional collaborations, and discourse on making yoga relevant in modern, everyday life.
     
    Promoting Sustainability with Harit Yoga
     
    Linking wellness with environmental responsibility, Harit Yoga incorporates eco-friendly activities such as tree plantation drives and cleanliness campaigns into its yoga outreach. The initiative also promotes awareness about climate change and sustainable living through educational campaigns.
     
    Youth Engagement through Yoga Unplugged
     
    To appeal to younger audiences, Yoga Unplugged blends traditional yoga with modern formats. Youth festivals, workshops, and social media campaigns aim to spark interest in yoga. Events will include fusion performances, contests, and talks tailored for digital natives.
     
    Festival-Style Celebrations with Yoga Mahakumbh
     
    Yoga Mahakumbh will bring the festive spirit of yoga to ten cities across India, each focusing on specific themes like environment, youth, and inclusivity. Organised in collaboration with public sector enterprises, these events seek to make yoga more visible and accessible to the general public.
     
    Integrative Medicine in Samyoga
     
    Lastly, Samyoga will explore the integration of yoga with other health systems including Ayurveda, Unani, Siddha, Homoeopathy, and modern medicine. Through collaborative events and expert discussions, Samyoga aims to create a shared knowledge base for public health interventions.
     

  • MIL-OSI United Kingdom: UN Human Rights Council 59: UK Statement with the Working Group on Transnational Corporations and other business enterprises

    Source: United Kingdom – Executive Government & Departments

    World news story

    UN Human Rights Council 59: UK Statement with the Working Group on Transnational Corporations and other business enterprises

    UK Statement for the Interactive Dialogue with the Working Group on Transnational Corporations and other business enterprises. Delivered at the 59th HRC in Geneva.

    Thank you, Mr President,

    We thank the Working Group for their report on ensuring the procurement and deployment of AI is aligned with the UN Guiding Principles.

    The use of AI presents significant opportunities for human rights, as well as risks. The UK advocates for human rights considerations to be incorporated into the design, development and use of AI. We expect all businesses to carry out human rights due diligence in line with the UN Guiding Principles to this effect.

    We recognise the need for transparency raised in the report. The UK has introduced an Algorithmic Transparency Recording Standard, which requires public sector organisations to publish clear information on how and why they are using algorithmic tools, delivering meaningful transparency through a tiered approach. This is mandatory for central government, when such tools have a significant influence on decision-making processes which effect the public.

    The UK recognises that international cooperation through multilateral fora is vital to safeguard and mitigate against human rights risks associated with AI.

    Members of the Working Group,  

    How can meaningful stakeholder consultation, including with affected populations, be integrated into the development of common standards and interoperable frameworks, to ensure responsible adoption of AI?

    Updates to this page

    Published 19 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: New guidance issued for environmental impact assessments

    Source: United Kingdom – Executive Government & Departments

    Press release

    New guidance issued for environmental impact assessments

    Guidance offers greater clarity to offshore oil and gas developers.

    • New guidance provides clarity on how the global environmental impacts of proposed oil and gas projects in licensed fields should be assessed, following Supreme Court ruling.

    • Offshore developers will now be able to submit their applications for consent to develop already-licensed oil and gas fields.

    • Follows the Spending Review announcement of £9.4 billion for carbon capture and storage projects, including Acorn in Aberdeenshire, in a major step forward for the government’s plan to put the North Sea at the heart of Britain’s clean energy future.

    Offshore oil and gas developers to benefit from greater clarity and stability, as new guidance responds to last year’s landmark Supreme Court ruling for the North Sea.   

    The government has acted decisively to respond to the independent Supreme Court, which ruled before this government took office that the global environmental effects of burning oil and gas are an inevitable consequence of extraction projects. This ruling means that North Sea operators for the first time are required to consider the impact of burning the extracted oil and gas in environmental impact assessments. 

    The new guidance, published today (19 June), will ensure the full effects of fossil fuel extraction on the environment are recognised in consenting decisions. It sets out how environmental impacts of oil and gas should be assessed, providing a clear way forward for the industry. 

    Offshore developers will now be able to submit their applications for consent to extract oil and gas in already-licensed fields, a process which has been on pause since the Finch Supreme Court judgment. When deciding on an application, the Energy Secretary will consider the significance of a project’s environmental impact, while taking into account and balancing relevant factors on a case-by-case basis – such as the potential economic impact and other implications of the project. 

    The publication brings greater clarity for Britain’s oil and gas sector, as the government continues its work with the industry to build a clean energy future for the North Sea. It comes as last week’s Spending Review confirmed £9.4 billion for carbon capture and storage projects – marking a major step forward in the government’s mission to make the UK a clean energy superpower that will drive economic growth, create jobs and deliver the government’s Plan for Change. 

    Energy Minister Michael Shanks said: 

    This new guidance offers clarity on the way forward for the North Sea oil and gas industry, following last year’s Supreme Court ruling.  

    It marks a step forward in ensuring the full implications of oil and gas extraction are considered for potential projects and that we ensure a managed, prosperous, and orderly transition to the North Sea’s clean energy future, in line with the science.  

    We are working with industry, trade unions, local communities and environmental groups to ensure the North Sea and its workers are at the heart of Britain’s clean energy future for decades to come – supporting well-paid, skilled jobs, driving growth and boosting our energy security.

    The new guidance is aimed at applications for projects in North Sea oil and gas fields that are already licensed. 

    Today’s publication follows decisive action from the government to consult on the required changes – hearing from the industry, NGOs, trade unions, academia and members of the public – in light of the Court’s ruling a year ago this week.  

    The update follows news last week that the government will provide around £200 million to progress the Acorn project in Aberdeenshire, subject to business case, as part of the £9.4 billion commitment in the Spending Review for carbon capture and storage projects across the UK. Industry predicts the Acorn project will support approximately 15,000 jobs at peak construction – bolstering the region’s proud energy history and delivering on the Plan for Change.    

    The investment is just one part of the government’s plan to bring growth, jobs and investment to the North Sea. Later this year, the government will respond to its consultation on how to support a successful clean energy transition for the North Sea and its workers – and on the commitment not to issue new licences to explore new oil and gas fields. 

    Support to help oil and gas workers maximise the opportunities of the clean energy transition is already underway. Earlier this year, the government confirmed Aberdeen as one of four key growth regions for clean energy – alongside Cheshire, Lincolnshire and Pembrokeshire – and launched pilots to help workers in these areas access jobs in new clean energy industries. 

    Oil and gas workers will also get help to move into these sectors, thanks to a new energy ‘skills passport’ launched this year – led by Offshore Energies UK and RenewableUK, and backed by UK and Scottish Governments. This tool will support workers into careers in offshore wind initially, before being expanded to other renewables roles later this year.    

    Notes to editors:  

    • The guidance published today on assessing effects of downstream scope 3 emissions on climate is supplementary to existing guidance on Environmental Impact Assessments for oil and gas extraction projects.  

    • This guidance is intended to assist developers in understanding the Environmental Impact Assessment process. It is not intended to provide a definitive statement of the law or to constitute legal advice.   

    • Developers remain responsible for ensuring that their environmental statements are prepared by competent experts and should seek technical and legal advice as necessary. 

    • The government’s response to the consultation on the guidance for assessing effects of downstream scope 3 emissions on climate has also been published on gov.uk. 

    • Offshore developers will now be able to submit their applications for consent to extract oil and gas in already-licensed fields. There is no change to the legislation and the process remains the same. Environmental statements are subject to public notice requirements for 30 days. The Energy Secretary may request further information if required in order for a decision to be reached and such further information may be subject to a further public notice period. The Energy Secretary will then make a decision on whether or not to agree to the grant of consent, once all the relevant information has been provided. This means the government does not anticipate taking any decisions until Autumn at the earliest, on applications received following the new guidance.

    Updates to this page

    Published 19 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Logistics deal cleared with remedies to help keep supermarket warehousing costs low

    Source: United Kingdom – Executive Government & Departments

    Press release

    Logistics deal cleared with remedies to help keep supermarket warehousing costs low

    CMA has cleared GXO’s acquisition of Wincanton following the business’s offer to sell Wincanton’s dedicated grocery warehousing business.

    iStock

    The Competition and Markets Authority (CMA) has cleared the merger between contract logistics services providers, GXO and Wincanton – subject to the sale of Wincanton’s dedicated grocery warehousing business to a CMA-approved buyer.  

    In its final report, the independent inquiry group leading the CMA’s investigation found that GXO’s purchase of Wincanton would reduce competition in the supply of dedicated warehousing services to grocery customers in the UK.  

    The loss of competition would likely lead to higher costs for grocers which, in turn, could be passed onto shoppers across the UK and lead to more expensive products at the checkout. The loss of competition resulting from the deal could hamper innovation and reduce service levels in the market – impacting the efficiency of goods reaching supermarket shelves.  

    As a result, GXO has agreed to sell Wincanton’s dedicated grocery warehousing business to a CMA-approved buyer. The inquiry group is satisfied that this remedy sufficiently addresses its competition concerns and is therefore clearing the deal.  

    Logistics, including warehousing, is essential to the operation of supermarkets and many other businesses in the UK. Efficient logistics systems help to lower costs for both businesses and consumers and ensure that products are available in stores when needed.   

    Richard Feasey, Chair of the independent inquiry group, said:    

    Warehousing services play a crucial role in ensuring the seamless movement of goods across the UK, allowing our supermarkets to maintain well-stocked shelves with thousands of items we buy every day.   

    Healthy competition in this market is key to managing costs for supermarkets and grocers and improving their performance – ultimately ensuring consumers pay the best possible prices for products in stores. We are pleased to approve this deal, having worked with GXO and Wincanton to secure the necessary changes to the deal which resolve our concerns.

    For more information, visit the GXO / Wincanton case page. 

    Notes to Editors:  

    1. Alongside publishing the final report, the CMA has also issued an interim order to permit GXO and Wincanton to begin integration once Wincanton’s dedicated grocery warehousing business has been appropriately ringfenced, pending its sale to a suitable CMA-approved buyer.  

    2. The independent inquiry group’s final report will be published on the GXO / Wincanton case page in due course.  

    3. Contract logistics services (CLS) encompass a range of B2B and B2C supply chain-related services, which enable businesses to supply goods to customers and consumers. These services include transport and distribution, warehousing and additional value-added services. 

    4. All media enquiries should be directed to the CMA press office by email on press@cma.gov.uk or by phone on 020 3738 6460.

    Updates to this page

    Published 19 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Experts discussed the digital transformation of the construction industry

    Translation. Region: Russian Federal

    Source: Saint Petersburg State University of Architecture and Civil Engineering – Saint Petersburg State University of Architecture and Civil Engineering – Seminar at SPbGASU

    A seminar entitled “Digital transformation of the construction sector and standardization in self-regulation as tools for improving the quality and safety of capital construction projects” was held at SPbGASU.

    The event was organized by the National Association of Surveyors and Designers (NOPRIZ), SPbGASU and the Association of SRO “OsnovaProekt”.

    The first day of the seminar began with a plenary session moderated by the coordinator of NOPRIZ for the Northwestern Federal District Alexander Vikhrov and the deputy director of the Association of SRO “OsnovaProekt” for development Polina Fedyuchek. Then two round tables were held: the first of them was devoted to the role of digital transformation of architectural and construction design and engineering surveys in improving the quality of capital construction. The second discussed how standardization in self-regulation affects the quality of construction.

    Vice President and member of the NOPRIZ Council Mikhail Lyubimov highlighted the main problems in the field of digitalization of the construction sector, proposed ways to solve them, emphasizing the potential of NOPRIZ, and also spoke about the support measures implemented by the national association. “It is important to remember that digitalization should be a means of optimizing our industry, and not an end in itself. A significant issue of digitalization is the availability of effective domestic software. At the last all-Russian congress of NOPRIZ, we concluded an agreement with the Domestic Software Association. The main idea of such cooperation is to support domestic developers,” he noted.

    In parallel, added Mikhail Lyubimov, NOPRIZ is working with Glavgosexpertiza to create comprehensive software solutions for the connectivity of the domestic ecosystem and the transition to full-fledged digital management of the construction life cycle.

    The President of the Association of SRO “OsnovaProekt” Sergey Levitsky emphasized the need to adapt professional standards and qualification requirements in construction to the realities of the digital age.

    Vice-Rector for Continuing Education at SPbGASU Victoria Vinogradova noted: “The common tasks of the university and self-regulatory organizations lie in the area of improving the quality of construction, ensuring the safety of facilities and training highly qualified specialists. We share the desire to create a sustainable and innovative construction industry. The university can be useful to self-regulatory organizations as a competence center offering educational programs, scientific research and a platform for testing new technologies. In turn, self-regulatory organizations can provide practical expertise, helping us adapt educational programs to the real needs of the market.”

    During the seminar, representatives of the NOPRIZ apparatus conducted training for employees of self-regulatory organizations in accordance with the professional standard “Specialist in the field of self-regulation in urban development activities” and on the work of SRO specialists in the Automated Information System “Rating”.

    At the end of the seminar, a ceremonial presentation of certificates of completion of training at SPbGASU took place.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Asia-Pac: Israel, Iran travel alert raised to black

    Source: Hong Kong Information Services

    The Government today raised the outbound travel alert for Israel and Iran to black in view of the latest developments there.

    It advised Hong Kong residents to avoid all travel to Israel and Iran. Those already there should attend to their personal safety and leave or relocate to relatively safe regions immediately.

    The Security Bureau will continue to closely monitor the situation in Israel and Iran and issue updates through the media, the bureau’s mobile app and its outbound travel alert webpage.

    In addition to attending to their personal safety, the bureau advised Hong Kong residents in Israel and Iran to pay attention to announcements made by local authorities and the Chinese Embassy there.

    Hong Kong residents in Israel and Iran who need assistance can call the Immigration Department’s 24-hour hotline at (852) 1868, call the 1868 hotline using network data or use the 1868 Chatbot via the department’s mobile app.

    They can also send a message to the 1868 WhatsApp assistance hotline or 1868 WeChat assistance hotline or submit an online assistance request form.

    Alternatively, they may contact the local Chinese Embassy by calling the Embassy in Israel at (972) 35459520 or the Embassy in Iran at (98) 9122176035.

    Hong Kong residents are encouraged to use the online Registration of Outbound Travel Information service to register their contact details and itinerary when outside Hong Kong.

    The information provided allows the Immigration Department to disseminate practical information to them through appropriate means on a timely basis when necessary.

    MIL OSI Asia Pacific News –

  • MIL-OSI: Kaz Resources LLC and Cove Kaz Capital LLC Announce 2025 Work Programs to Advance Critical Minerals Projects in Kazakhstan

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, June 19, 2025 (GLOBE NEWSWIRE) — Kaz Resources and Cove Kaz Capital LLC, Portfolio companies of Cove Capital LLC, are pleased to announce the launch of their respective 2025 work programs across its key critical mineral assets in Kazakhstan. These initiatives reflect a shared commitment to accelerating on-the-ground activity across our licensed concessions, tailings, and the joint venture projects with Kazakhstan’s national partners.

    Key Highlights of the 2025 Work Programs:

    • Kaz Resources LLC will continue advancing its exploration program across its concession portfolio in East Kazakhstan. Building on the success of its 2024 drilling campaign, the Company will initiate follow-up resource development activities, including step-out and infill drilling, surface geochemical sampling, and targeted geophysical surveys. These efforts will focus on high-priority ore zones delineated for their lithium and polymetallic prospectivity, with the objective of expanding known historical mineralization and defining drill-ready targets for future resource estimation.
    • Kaz Resources LLC has initiated a comprehensive metallurgical test work and pilot plant program to evaluate the recovery of lithium, tantalum-niobium, and other critical minerals from historical tailings located on its licensed concessions. The program will involve systematic tailings sampling, detailed mineralogical analysis, and a pilot-scale processing phase. The objective is to develop a viable process flow sheet to support a fast-tracked development strategy aimed at bringing the tailings into commercial production.
    • Cove Kaz Capital LLC, through its newly formed joint venture, Akbulak REE Ltd., is advancing the Akbulak Rare Earth Project in partnership with Qazgeology JSC, Kazakhstan’s national geological company, and subsidiary of Kazakhstan’s national mining company, Tau-Ken Samruk. The joint venture is in the process of obtaining final approval from the Ministry of Industry and Construction for the transfer of the exploration license to Akbulak REE Ltd., which is established under the AIFC legal framework.

      Concurrently, the joint venture is preparing to initiate initial exploration activities at the Akbulak site in the Kostanay region. The program will begin with a desktop review of historical geological data, surface mapping, structural and alteration analysis, targeted sampling, and metallurgical testing, forming the groundwork for a staged exploration campaign.

    The Akbulak Rare Earth Project hosts a historical resource of 380,000 tons of rare earth oxides, including neodymium and praseodymium, key elements in permanent (NdFeB) magnets, and yttrium, utilized in electronics, medicine, and materials science applications.

    Pini Althaus, CEO of Kaz Resources, commented:

    “The 2025 programs reflect the momentum we’ve built since entering Kazakhstan in 2023, and our intention to deliver tangible progress across our exploration assets, strategic tailings, and rare earths development. This is a coordinated step forward, aligned with Kazakhstan’s resource development goals, which include establishing a fully-integrated supply chain, and meeting US and global critical mineral supply chain needs.”

    “This partnership represents a practical example of how international cooperation can accelerate resource development in Kazakhstan. We look forward to seeing tangible results from the Akbulak project and continuing our productive collaboration with the private sector,” said Dauren Abuov, Acting CEO of Qazgeology JSC.

    These efforts mark a continuation of both companies’ contribution to Kazakhstan’s role as a critical minerals partner and regional development leader.

    For further information, please contact:

    Brandon McGrath
    Samantha O’Neil
    info@covecapital.com.au

    About Cove Capital LLC

    Cove Capital was founded in 2015. With offices in Melbourne and New York (head office), Cove Capital invests in mining, renewable energy, and clean technology. Since 2018, Cove Capital has been at the forefront of investment and development in critical minerals projects. Cove Capital, under the visionary leadership of Mr. Pini Althaus, brings unparalleled knowledge and extensive experience to the critical minerals industry.

    About Qazgeology

    Qazgeology is Kazakhstan’s national geological exploration company, and a wholly owned subsidiary of national mining company, Tau-Ken Samruk, dedicated to the discovery and development of the country’s mineral wealth. Through strategic partnerships and cutting-edge research, Qazgeology plays a pivotal role in advancing Kazakhstan’s mining industry and unlocking new resources for future development.

    About Tau-Ken Samruk

    Tau-Ken Samruk is the national mining company of Kazakhstan, overseeing the efficient development of the country’s mineral resources. Committed to innovation and sustainability, Tau-Ken Samruk collaborates with domestic and international partners to enhance the competitiveness of Kazakhstan’s mining sector and support economic growth.

    The MIL Network –

  • MIL-OSI: Catholic Order of Foresters Chooses ManageMy to Improve Member & Agent Engagement

    Source: GlobeNewswire (MIL-OSI)

    With the ManageMy Platform, Catholic Order of Foresters launches new, white labeled member and agent portals

    CHARLOTTE, N.C., June 19, 2025 (GLOBE NEWSWIRE) — Catholic Order of Foresters (COF), a Catholic fraternal benefit society dedicated to protecting families and supporting communities, announced its selection of ManageMy. Using the ManageMy platform, COF successfully deployed a white-labeled member portal and agent portal to provide better online experiences—enhancing member engagement, providing agents with a more robust portal, and improving overall ease of access.

    COF sought a partner that could provide a seamless, modern, and personalized experience for its members, agents, and internal teams. Previously, the company relied on expensive technology that still siloed operations and increased manual efforts required to maintain member relations. COF found ManageMy was the best choice to provide a configured and impactful front-end for members and agents.

    “Finding the right tech partner was crucial to the success of our ongoing digital transformation journey,” said Joni Kazmierczak, Vice President of Operations, COF. “Our goal was to improve the experience not only for our members and agents but also for our home office teams who serve them. ManageMy stood out for their partnership mindset and hands-on operational support. They’ve helped us streamline operations and increase membership satisfaction.”

    Through the ManageMy Platform, COF members now have 24/7 access to view their policies, manage personal information, and connect with support—all through a user-friendly and secure portal. Members also benefit from intuitive tools that streamline communication, simplify servicing needs, and drive post-sales engagement. Agents benefit from a well-organized, easy-to-navigate portal that enhances communication, simplifies access to essential servicing tools, and makes key information readily available. And behind the scenes, home office employees are equipped with the tools and insights they need to deliver exceptional service efficiently.

    This initiative reflects COF’s long-standing mission of putting members first, now enhanced through digital innovation.

    “Our partnership with COF is a great example of how we’re helping fraternal organizations modernize their engagement approach,” said Stuart Johnston, Chief Revenue Officer at ManageMy. “Our platform is designed to support the full customer journey and configured to the needs of our clients. We’re excited to see COF continue delivering a superior digital experience for members, agents, and home office teams alike.”

    About Catholic Order of Foresters:

    Catholic Order of Foresters is a Catholic fraternal benefit society dedicated to helping members achieve financial security through life insurance while supporting the Catholic community through fraternal outreach.

    About ManageMy:

    ManageMy is the digital platform insurance carriers rely on to increase sales, reduce costs, and improve customer satisfaction. Built around a powerful no-code API, ManageMy integrates easily with existing core systems, giving carriers the flexibility to configure insurance workflows and digital experiences to their specific needs—improving conversion, accelerating risk assessment, and driving retention.

    ManageMy is purpose-built for carriers to meet rising expectations for seamless, digital-first XPeriences, without overhauling their core.

    For more information, please visit: https://managemy.com/

    The MIL Network –

  • MIL-OSI: Catholic Order of Foresters Chooses ManageMy to Improve Member & Agent Engagement

    Source: GlobeNewswire (MIL-OSI)

    With the ManageMy Platform, Catholic Order of Foresters launches new, white labeled member and agent portals

    CHARLOTTE, N.C., June 19, 2025 (GLOBE NEWSWIRE) — Catholic Order of Foresters (COF), a Catholic fraternal benefit society dedicated to protecting families and supporting communities, announced its selection of ManageMy. Using the ManageMy platform, COF successfully deployed a white-labeled member portal and agent portal to provide better online experiences—enhancing member engagement, providing agents with a more robust portal, and improving overall ease of access.

    COF sought a partner that could provide a seamless, modern, and personalized experience for its members, agents, and internal teams. Previously, the company relied on expensive technology that still siloed operations and increased manual efforts required to maintain member relations. COF found ManageMy was the best choice to provide a configured and impactful front-end for members and agents.

    “Finding the right tech partner was crucial to the success of our ongoing digital transformation journey,” said Joni Kazmierczak, Vice President of Operations, COF. “Our goal was to improve the experience not only for our members and agents but also for our home office teams who serve them. ManageMy stood out for their partnership mindset and hands-on operational support. They’ve helped us streamline operations and increase membership satisfaction.”

    Through the ManageMy Platform, COF members now have 24/7 access to view their policies, manage personal information, and connect with support—all through a user-friendly and secure portal. Members also benefit from intuitive tools that streamline communication, simplify servicing needs, and drive post-sales engagement. Agents benefit from a well-organized, easy-to-navigate portal that enhances communication, simplifies access to essential servicing tools, and makes key information readily available. And behind the scenes, home office employees are equipped with the tools and insights they need to deliver exceptional service efficiently.

    This initiative reflects COF’s long-standing mission of putting members first, now enhanced through digital innovation.

    “Our partnership with COF is a great example of how we’re helping fraternal organizations modernize their engagement approach,” said Stuart Johnston, Chief Revenue Officer at ManageMy. “Our platform is designed to support the full customer journey and configured to the needs of our clients. We’re excited to see COF continue delivering a superior digital experience for members, agents, and home office teams alike.”

    About Catholic Order of Foresters:

    Catholic Order of Foresters is a Catholic fraternal benefit society dedicated to helping members achieve financial security through life insurance while supporting the Catholic community through fraternal outreach.

    About ManageMy:

    ManageMy is the digital platform insurance carriers rely on to increase sales, reduce costs, and improve customer satisfaction. Built around a powerful no-code API, ManageMy integrates easily with existing core systems, giving carriers the flexibility to configure insurance workflows and digital experiences to their specific needs—improving conversion, accelerating risk assessment, and driving retention.

    ManageMy is purpose-built for carriers to meet rising expectations for seamless, digital-first XPeriences, without overhauling their core.

    For more information, please visit: https://managemy.com/

    The MIL Network –

  • MIL-OSI: Lucinity and PwC Collaborate to Simplify AI Integration for Compliance Teams

    Source: GlobeNewswire (MIL-OSI)

    REYKJAVIK, Iceland, June 19, 2025 (GLOBE NEWSWIRE) — Lucinity, a leader in AI-powered financial crime prevention, is working with PwC Denmark to streamline AI adoption for compliance teams. This collaboration embeds AI-driven solutions into financial crime workflows, boosting efficiency, automating manual tasks, and enhancing decision-making for financial institutions.

    Financial institutions face mounting regulatory scrutiny over money laundering, fraud, and sanctions violations. Lucinity’s AI-powered platform accelerates investigations, transforms user experience, and strengthens compliance, while PwC’s integration expertise ensures seamless AI deployment.

    Lucinity’s platform features a centralized Case Manager for financial crime investigations and the Luci AI Agent for intelligent automation, streamlining compliance workflows. Financial institutions can configure their AI-driven processes to align with their unique requirements through Lucinity’s self-serve interface. Built with security and explainability at its core, the platform ensures transparency and provides clear AI-driven insights that can be easily explained to regulators. Lucinity has helped various banks, fintechs, and payment providers, including Visa, Trustly, Finshark, Kroo Bank, Arion Bank, and Kvika Bank, enhance financial crime compliance.

    PwC brings deep expertise in financial services, regulatory compliance, and technology integration. Its strengths include aligning AI with business processes, managing smooth deployments, and providing change management and workforce training to facilitate AI adoption. This ensures financial institutions can implement AI-driven compliance solutions efficiently while maintaining regulatory alignment.

    A key innovation in this collaboration is Luci Skills—AI-powered automations for compliance tasks like negative news search, money flow analysis, case summaries, and transaction analysis. Financial institutions can also build custom AI capabilities within Lucinity’s framework, supported by PwC.

    “PwC Denmark’s reputation as a trusted leader in financial services makes them an ideal collaborator,” said Gudmundur Kristjansson, CEO of Lucinity. “Their expertise in compliance and technology integration, combined with our AI-driven solutions, simplifies AI adoption for financial institutions.”

    Lucinity’s AI technology plays a key role in supporting efforts to enhance compliance and risk management. By working closely with customers to develop innovative solutions, this collaboration represents a meaningful step toward meeting their evolving needs.

    Lucinity and PwC Denmark are launching joint Proof of Concepts (PoCs) to drive AI innovation in financial crime compliance.

    To learn more about the collaboration or to contact Lucinity’s experts, visit https://lucinity.com/

    About Lucinity

    ​​Lucinity is an AI software company for financial crime operations, designed to accelerate compliance teams. Lucinity enhances intelligence gathering, analysis, and decision-making, allowing institutions to streamline operations and reduce costs. As an open, configurable, no-code platform, Lucinity offers a seamless integration of data, automated workflows, and a modern user interface, making it a crucial tool for enhancing productivity and operational efficiency in the financial sector.

    About PwC

    At PwC, we help clients build trust and reinvent so they can turn complexity into competitive advantage. We’re a tech-forward, people-empowered network with more than 370,000 people in 149 countries (2,800 people in Denmark). Across audit and assurance, tax and legal, deals and consulting we help build, accelerate and sustain momentum. Find out more at www.pwc.dk.

    Contact
    celina@lucinity.com 

    The MIL Network –

  • MIL-OSI: NCS Engineers Selects Midaxo Software to Enable Strategic Leap into M&A 

    Source: GlobeNewswire (MIL-OSI)

    BOSTON and PHOENIX, June 19, 2025 (GLOBE NEWSWIRE) — NCS Engineers, a leader in providing a diverse array of water and wastewater engineering solutions, announced that it has chosen Midaxo software to power its strategy to develop a scalable acquisition program.

    “If you create a new approach for every deal based on personal preferences, that’s a recipe for inconsistent outcomes,” observed Steve Winchester, Chief Strategy Officer and head of NCS’s M&A activities. “I am creating a process that delivers consistent results in our M&A efforts. The objective is to embed the process in software to guide a consistent approach for NCS. Midaxo will facilitate that, giving me more time to focus on sourcing and advancing deals rather than developing spreadsheets and preparing reports for the Board.”

    “We are excited to partner with NCS Engineers to help them develop and scale their strategic M&A program,” said Jude McColgan, Midaxo CEO. “They found Midaxo’s ability to get up and running quickly, save significant time and money, and be supported by the best customer success team in the industry will help them achieve the inorganic growth they and their investors are seeking.” 

    About NCS Engineers 
    Founded in 1998 by CEO Ramesh (“Ram”) Narasimhan, NCS provides innovative turn-key water and wastewater engineering solutions across the U.S., with a focus on Arizona, California, Texas, Nevada, Maryland, and Virginia. The Company provides mission-critical engineering services for water infrastructure projects including water and wastewater treatment plants, pump stations, water reuse and water storage.

    About Midaxo  
    Midaxo provides the most widely used work management solution for corporate development. Digitally transforming the transaction process, Midaxo Cloud leverages automation, AI, and machine learning to deliver accelerated inorganic growth while decreasing deal risk. The platform can be customized to fit the needs of each company to enable corporate development and M&A leaders to find, evaluate, and deliver inorganic growth with unprecedented speed and accuracy. Users of the M&A capabilities report identifying and managing 5x more targets, reducing diligence time by 50%, and accelerating time to value realization up to 40%. More than 500 Midaxo customers, including Banner Health, Daimler AG, Professional Services Co., and United Site Services, have closed over 5,000 transactions valued in excess of $1 trillion.

    Contact:  
    Hanna Brenner  
    Midaxo  
    hanna.brenner@midaxo.com

    The MIL Network –

  • MIL-OSI: NCS Engineers Selects Midaxo Software to Enable Strategic Leap into M&A 

    Source: GlobeNewswire (MIL-OSI)

    BOSTON and PHOENIX, June 19, 2025 (GLOBE NEWSWIRE) — NCS Engineers, a leader in providing a diverse array of water and wastewater engineering solutions, announced that it has chosen Midaxo software to power its strategy to develop a scalable acquisition program.

    “If you create a new approach for every deal based on personal preferences, that’s a recipe for inconsistent outcomes,” observed Steve Winchester, Chief Strategy Officer and head of NCS’s M&A activities. “I am creating a process that delivers consistent results in our M&A efforts. The objective is to embed the process in software to guide a consistent approach for NCS. Midaxo will facilitate that, giving me more time to focus on sourcing and advancing deals rather than developing spreadsheets and preparing reports for the Board.”

    “We are excited to partner with NCS Engineers to help them develop and scale their strategic M&A program,” said Jude McColgan, Midaxo CEO. “They found Midaxo’s ability to get up and running quickly, save significant time and money, and be supported by the best customer success team in the industry will help them achieve the inorganic growth they and their investors are seeking.” 

    About NCS Engineers 
    Founded in 1998 by CEO Ramesh (“Ram”) Narasimhan, NCS provides innovative turn-key water and wastewater engineering solutions across the U.S., with a focus on Arizona, California, Texas, Nevada, Maryland, and Virginia. The Company provides mission-critical engineering services for water infrastructure projects including water and wastewater treatment plants, pump stations, water reuse and water storage.

    About Midaxo  
    Midaxo provides the most widely used work management solution for corporate development. Digitally transforming the transaction process, Midaxo Cloud leverages automation, AI, and machine learning to deliver accelerated inorganic growth while decreasing deal risk. The platform can be customized to fit the needs of each company to enable corporate development and M&A leaders to find, evaluate, and deliver inorganic growth with unprecedented speed and accuracy. Users of the M&A capabilities report identifying and managing 5x more targets, reducing diligence time by 50%, and accelerating time to value realization up to 40%. More than 500 Midaxo customers, including Banner Health, Daimler AG, Professional Services Co., and United Site Services, have closed over 5,000 transactions valued in excess of $1 trillion.

    Contact:  
    Hanna Brenner  
    Midaxo  
    hanna.brenner@midaxo.com

    The MIL Network –

  • MIL-OSI Africa: Africa Global Logistics (AGL) Joins Angola Oil & Gas (AOG) 2025 as it Expands Logistics Footprint in Angola

    Source: Africa Press Organisation – English (2) – Report:

    Africa Global Logistics (AGL) – a leading multimodal logistics, transport and port operations company in Africa – has joined the Angola Oil & Gas (AOG) 2025 conference as a Bronze Sponsor. The event will take place on September 3-4 in Luanda. AGL’s participation reflects its growing commitment to strengthening supply chains in Angola, as it expands and modernizes logistics and port operations across the country.

    Operating through port, road, rail and air freight services, AGL has significantly grown its footprint in Angola in recent years, investing in infrastructure upgrades and offering turnkey logistics management solutions. With one of the largest logistics networks in Africa, the company provides reliable, flexible solutions that support oil and gas projects and create added value. As an AOG 2025 sponsor, AGL aligns with Angola’s broader goals of increasing oil production and boosting intra-African petroleum trade.

    AOG is the largest oil and gas event in Angola. Taking place with the full support of the Ministry of Mineral Resources, Oil and Gas; the National Oil, Gas and Biofuels Agency; the Petroleum Derivatives Regulatory Institute; national oil company Sonangol; and the African Energy Chamber; the event is a platform to sign deals and advance Angola’s oil and gas industry. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

    AGL’s sponsorship comes at a pivotal time for Angola, as the country prepares to bring several major developments online between 2025 and 2028. These include the Cabinda Oil Refinery (2025), the Agogo Integrated West Hub (late 2025), the Quiluma and Maboqueiro gas fields (2026) and the Kaminho Deepwater Development (2028). These projects require coordinated logistics operations to ensure the safe, continuous delivery of supplies – from offshore FPSOs to onshore facilities and export terminals. AGL’s engagement at AOG 2025 is set to foster deeper collaboration with both public and private sector stakeholders, supporting these projects through direct engagement and potential partnerships.

    In 2024, AGL launched operations at the AGL Lobito Terminal, located at Angola’s largest port hub, the Port of Lobito. The terminal accommodates large-capacity ships and handles over one million tons of bulk goods and more than 100,000 TEU containers annually. AGL won the international tender for the development of the container and multipurpose terminal in 2023, aiming to enhance the port’s connectivity and support Angola’s trade and industrialization ambitions.

    In addition to supporting oil and gas trade, the modernized terminal serves as the first Atlantic gateway providing access to Africa’s copper-belt regions. Connected to the Lobito Railway – which links Zambia and the DRC to international markets via the port – the terminal facilitates critical mineral exports and supports the development of agricultural basins across these countries. AGL’s participation at AOG 2025 presents an opportunity for closer engagement across Angola’s upstream, downstream and logistics value chains. As Angola ramps up oil and gas output and expands exports, AGL’s expertise will be instrumental in delivering the infrastructure and services needed to support these ambitions.

    – on behalf of Energy Capital & Power.

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  • MIL-OSI Africa: Green Energy International Exports First Crude from New Onshore Terminal in Nigeria

    Source: Africa Press Organisation – English (2) – Report:

    Nigerian energy company Green Energy International (GEIL) has completed the development of the Otakikpo onshore terminal, situated in OML 11 near Port Harcourt. In June 2025, the company lifted its first crude cargo from the newly-constructed facility – the first indigenous onshore terminal constructed in the country in five decades – signaling the start of operations at the terminal.  

    The African Energy Chamber (AEC) – the voice of the African energy sector – commends GEIL for the development of the onshore terminal. The AEC believes that facilities such as this will play an instrumental part in supporting marginal field production by facilitating crude exports and increasing revenue generation in Nigeria. As the country strives to produce two million barrels per day (bpd), projects of this nature will support new investments by providing a direct route from offshore fields to market.  

    The Otakikpo terminal was developed in two years – six months ahead of schedule. The company broke ground on the construction of the facility in February 2023, with the development of storage facilities and the associated pipeline advancing in February 2024. Construction works continued to progress through May 2024, with associated infrastructure at the terminal – including offices and pump facilities – progressing in December 2024. By March 2025, the facility began injecting crude, with GEIL’s production averaging 5,000 bpd. GEIL has since received regulatory approval from the government to boost production to 30,000 bpd under a revised field development plan. In June 2025, the facility received its first cargo via a vessel chartered by energy major Shell. The maiden cargo transported crude from the Otakikpo marginal field – located in Rivers State and operated by GEIL – to the terminal, kickstarting a new era of efficient crude distribution in Nigeria.  

    The terminal itself is a state-of-the-art facility with a storage capacity of 750,000 barrels. Plans are underway to increase storage capacity to three million barrels – dependent on market demands. The terminal is designed with an export capacity of 360,000 bpd, with crude transported via a 23-km, 20-inch pipeline connected to a single point mooring system in the Atlantic Ocean. At the site, tankers – such as Aframax chartered by Shell – can dock and load. The terminal is expected to significantly reduce operating costs for marginal fields in OML 11, primarily through cost-effective transportation. Prior to the construction of the onshore terminal, GEIL relied on barges to transport crude. However, with the terminal, the company stands to reduce the reliance on costly offshore floating stations, reducing overall operational costs by 40%.  

    For Nigeria’s marginal fields, the terminal opens new doors for greater operational efficiency. The terminal is expected to unlock previously-stranded crude from more than 40 marginal fields across the region, with a capacity to receive up to 250,000 bpd from third-party producers. The government has long-sought to revive crude production through the development of marginal fields. A marginal field bidding round was launched in 2020 to entice indigenous operators to invest in marginal field opportunities, drawing in 591 companies seeking to develop 57 oilfields. Ultimately, 161 companies were shortlisted, most of which represented indigenous operators. Improved fiscals introduced through Nigeria’s Petroleum Industry Act in 2021 further enticed investments by both international and regional players. Looking ahead, these foundations have seen a rise in marginal field production, with the GEIL-developed onshore terminal set to further support investments and exports.  

    “GEIL is not only setting a strong benchmark for other independent operators in Nigeria but serves as a testament to the central role indigenous energy companies play in the country’s oil and gas sector. By establishing a domestic solution to producing, storing and exporting crude, GEIL is supporting marginal field production while laying the foundation for most efficient oil operations. The facility will play an instrumental part in supporting the country’s crude production goals,” states NJ Ayuk, Executive Chairman of the AEC.   

    – on behalf of African Energy Chamber.

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  • MIL-OSI Africa: TUI Hotels & Resorts contributes to growth in Africa with strong leisure hotel brands

    Source: Africa Press Organisation – English (2) – Report:

    • TUI Blue and TUI Suneo extend their portfolio in North Africa
    • New openings planned in The Gambia and Côte d’Ivoire
    • New luxury brand The Mora celebrates its first anniversary

    TUI Group (www.TUIGroup.com) continues to expand its hotel business worldwide and pursues ambitious plans to support the African hospitality industry. With its 12 leisure hotel brands, TUI offers unique experiences for holidaymakers and invites them to enjoy the respective region with its culinary delights, natural beauty and cultural heritage. A few weeks ago, the brands TUI Blue and TUI Suneo expanded their portfolio in Africa. In Egypt, TUI Blue Samaya with 143 rooms and an aqua park has been added to the premium brand’s portfolio. The hotel is located in the growing destination of Marsa Alam. For holidaymakers looking for value for money, TUI Suneo Palm Beach Skanes in Tunisia has also opened its doors. With 294 rooms and a large garden area, the hotel is offering an attractive all-inclusive package with a wide range of sports and entertainment options.

    “Together with our long-standing JV partners, we have more than 20 hotels in our pipeline that will open in Africa in the coming months and years”, says Artur Gerber, Managing Director TUI Hotels & Resorts, at the Future Hospitality Summit Africa. “We already have a strong presence in North Africa, the Cape Verde Islands and Zanzibar, but we are convinced that other destinations can also benefit from our strong leisure hotel brands.” For example, the lifestyle brand TUI Blue is planning its first hotel in The Gambia, which will open at the end of this year. The resort features 140 rooms and a unique location along Kotu Beach. “With our expertise, along with management and franchise agreements, we are also attracting hotel partners in entirely new destinations. One example is Côte d’Ivoire, where the construction of a new TUI Blue hotel has just started and is scheduled to open in 2027”, adds Wesam Okasha, Head of Global Development TUI Blue.

    Last year, TUI launched a new brand targeting the upscale market and selected Tanzania as its inaugural destination. The Mora Zanzibar has just celebrated its first anniversary, offering laid-back, contemporary luxury with highly personalized and flexible service. “Our guest reviews show that The Mora is resonating strongly with this new audience and delivering an exceptional experience. We are very proud of this achievement and look forward to introducing more carefully selected The Mora hotels across Africa,” says Artur Gerber.

    TUI Hotels & Resorts’ current portfolio in Africa comprises a total of 97 hotels with over 30,000 rooms across eight countries.

    – on behalf of TUI Blue Hotels.

    TUI Group – Group Corporate & External Affairs:
    Natascha Kreye
    Corporate Communications
    Phone: +49 (0) 511 566 6029
    natascha.kreye@tui.com

    group.communications@tui.com
    www.TUIGroup.com

    About TUI Group:
    The TUI Group is one of the world’s leading tourism groups and operates worldwide. The Group is headquartered in Germany. TUI shares are listed in the MDAX index of the Frankfurt Stock Exchange and in the regulated market of the Lower Saxony Stock Exchange in Hanover. TUI Group offers its over 20 million customers integrated services from a single source and forms the entire tourism value chain under one roof. The Group owns over 400 hotels and resorts with premium brands such as RIU, TUI Blue and Robinson and 18 cruise ships, ranging from the MS Europa and MS Europa 2 in the luxury class and expedition ships in the HANSEATIC class to the Mein Schiff fleet of TUI Cruises and cruise ships operated by Marella Cruises in the UK. The Group also includes Europe’s leading tour operator brands and online marketing platforms, for example for hotel-only or flight-only offers, five airlines with 125 modern medium- and long-haul aircraft and around 1,200 travel agencies. In addition to expanding its core business with hotels and cruises via successful joint ventures and activities in vacation destinations, TUI is increasingly focusing on the expansion of digital platforms. The Group is transforming itself into a global tourism platform company.  

    Global responsibility for sustainable economic, environmental and social action is at the heart of our corporate culture. With projects in 25 countries, the TUI Care Foundation initiated by TUI focuses on the positive effects of tourism, on education and training and on strengthening environmental and social standards. In this way, it supports the development of vacation destinations. The globally active TUI Care Foundation initiates projects that create new opportunities for the next generation.  

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  • MIL-OSI China: Xi says ceasefire an urgent priority in settling conflict in Middle East 2025-06-19 19:28:10 Chinese President Xi Jinping said on Thursday that ceasefire is an urgent priority in settling the conflict in the Middle East, and the use of force is not the right way to resolve international disputes.

    Source: People’s Republic of China – Ministry of National Defense

      BEIJING, June 19 (Xinhua) — Chinese President Xi Jinping said on Thursday that ceasefire is an urgent priority in settling the conflict in the Middle East, and the use of force is not the right way to resolve international disputes.

      During phone talks with his Russian counterpart, Vladimir Putin, over the situation in the Middle East, he urged the conflicting parties, especially Israel, to cease fire as soon as possible.

      The Chinese president said that protecting civilians’ safety is the top priority amid the Iran-Israel tensions, calling on the conflicting parties to strictly follow international law, and resolutely avoid harming innocent civilians.

      Dialogue and negotiation are the fundamental way out, he said, calling on the international community, particularly major countries that have a special influence on the parties to the conflict, to make efforts to cool down the situation.

      China stands ready to continue to strengthen communication and coordination with all parties, pool their efforts, and uphold justice, so as to play a constructive role in restoring peace in the Middle East, he said. 

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    MIL OSI China News –

  • MIL-OSI China: Xi says ceasefire an urgent priority in settling conflict in Middle East

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

    Chinese President Xi Jinping said on Thursday that ceasefire is an urgent priority in settling the conflict in the Middle East, and the use of force is not the right way to resolve international disputes.

    During phone talks with his Russian counterpart, Vladimir Putin, over the situation in the Middle East, he urged the conflicting parties, especially Israel, to cease fire as soon as possible.

    The Chinese president said that protecting civilians’ safety is the top priority amid the Iran-Israel tensions, calling on the conflicting parties to strictly follow international law, and resolutely avoid harming innocent civilians.

    Dialogue and negotiation are the fundamental way out, he said, calling on the international community, particularly major countries that have a special influence on the parties to the conflict, to make efforts to cool down the situation.

    China stands ready to continue to strengthen communication and coordination with all parties, pool their efforts, and uphold justice, so as to play a constructive role in restoring peace in the Middle East, he said.

    MIL OSI China News –

  • MIL-OSI China: China places all nitazenes, 12 other NPS under narcotic control

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

    China has included all nitazenes and 12 other kinds of new psychoactive substances (NPS) on its list of controlled drugs, the Office of China National Narcotics Control Commission said Thursday.

    The move is aimed at strengthening supervision and efforts to crack down on the substances, and to prevent the spread of drug abuse, according to a notice issued by the office.

    The inclusion of all nitazenes on the list marks another innovation in drug control in the world, following the previous addition of all fentanyl-related and all synthetic-cannabis-related substances, said Shan Yehua, deputy head of the office, calling the move “significant” in curbing crime related to these substances and other new-type narcotics.

    To address the harm and potential risks posed by NPS, the commission has established a comprehensive drug abuse monitoring system and a sound regulatory legal framework for bringing such substances under control.

    Since bringing 46 NPS under control in July 2024, through drug abuse monitoring, the office found that new substitutes have emerged for the nitazenes and other substances listed last year, which have caused abuse-related harm.

    The control of NPS is a common challenge faced by countries around the world, and it cannot be resolved by the efforts of a single country and requires global cooperation, Shan said.

    “We are willing to work together with the international community to actively address this global challenge by contributing China’s solutions and China’s wisdom,” she added. 

    MIL OSI China News –

  • Sensex, Nifty end marginally lower as geopolitical tensions, Fed decision weigh on sentiment

    Source: Government of India

    Source: Government of India (2)

    ata-start=”105″ data-end=”439″>Equity benchmarks ended marginally lower on Thursday as caution prevailed in global markets amid rising geopolitical tensions and the US Federal Reserve’s policy stance. The Sensex slipped by 82.79 points, or 0.10%, to close at 81,361.87, while the Nifty declined by 18.80 points, or 0.08%, to settle at 24,793.25.

    The market mood remained subdued as tensions between Iran and Israel escalated, crude oil prices stayed volatile, and global investors reacted to the Fed’s decision to hold interest rates steady between 4.25% and 4.5%.

    “The equity index witnessed rangebound trading with a negative bias due to global uncertainty, particularly over possible US involvement in the Middle-East conflict,” said Vinod Nair, Head of Research at Geojit Financial Services. He added that the Fed’s hawkish tone, pointing to persistent inflation and slower growth, also weighed on sentiment, especially for software exporters.

    On the Sensex, Bajaj Finance, Tech Mahindra, IndusInd Bank, and Nestle India were among the top losers, shedding between 1.28% and 2.50%. In contrast, Mahindra & Mahindra, Titan, Maruti Suzuki, Bharti Airtel, and Larsen & Toubro posted gains of up to 1.57%.

    The broader market bore the brunt of the selling pressure. The Nifty Midcap100 index dropped by 1.63%, and the Nifty Smallcap100 fell 1.99%, reflecting investor risk aversion toward mid- and small-cap segments.

    Among sectoral indices, Nifty Auto emerged as the lone gainer, closing up 0.52%. All other major indices ended in the red. Nifty PSU Bank led the decline, slipping 2.04%, followed by losses of over 1% in the Nifty Metal, Media, and Realty indices.

    The Indian rupee weakened for the third straight session, pressured by rising geopolitical uncertainty and the Fed’s stance. “The rupee’s downward trend may continue, with the USD/INR pair likely moving toward the 87–87.50 range,” said Dilip Parmar, Research Analyst at HDFC Securities.

    Gold prices moved in a volatile range. On Comex, gold traded between $3,347 and $3,375, while on the MCX, prices ranged from ₹98,650 to ₹99,450 per 10 grams.

    -IANS

  • Climate change: As the planet hits record temperatures, what is the science is telling us?

    Source: Government of India

    Source: Government of India (4)

    Concentrations in the atmosphere of carbon dioxide, the main greenhouse gas, reached a fresh high of 422 parts per million in 2024 the European Union’s Copernicus Climate Change Service (C3S) has said.

    After another record-breaking year for global temperatures in 2024, pressure is rising on policymakers to step up efforts to curb climate change.

    The last global scientific consensus on the phenomenon was released in 2021 through the Intergovernmental Panel on Climate Change, but scientists say evidence shows global warming and its impacts have since been unfolding faster than expected.

    Here is some of the latest climate research:

    CRITICAL POINT

    The world may already have hit 1.5 degrees Celsius (2.7 F) of warming above the average pre-industrial temperature – a critical threshold beyond which it is at risk of irreversible and extreme climate change, scientists say.

    A group of researchers made the suggestion in a study released in November based on an analysis of 2,000 years of atmospheric gases trapped in Antarctic ice cores.

    Scientists have typically measured today’s temperatures against a baseline temperature average for 1850-1900. By that measure, the world is now at nearly 1.3 C (2.4 F) of warming.

    But the new data suggests a longer pre-industrial baseline, based on temperature data spanning the year 13 to 1700, which put warming at 1.49 C in 2023, the study published in the journal Nature Geoscience said.

    OCEAN CHANGES

    The warming of the Atlantic could hasten the collapse of a key current system, which scientists warn could already be sputtering.

    The Atlantic Meridional Overturning Circulation (AMOC), which transports warm water from the tropics to the North Atlantic, has helped to keep European winters milder for centuries.

    Research in 2018 showed that AMOC has weakened by about 15% since 1950, while research published in February 2024 in the journal Science Advances suggested it could be closer to a critical slowdown than previously thought.

    In addition, with the world in the throes of a fourth mass coral bleaching event — the largest on record — scientists fear the world’s reefs have passed a point of no return.

    Scientists will be studying bleached reefs from Australia to Brazil for signs of recovery over the next few years if temperatures fall.

    EXTREME WEATHER

    Ocean warming is not only fuelling stronger Atlantic storms, it is also causing them to intensify more rapidly, with some jumping from a Category 1 to a Category 3 storm in just hours.

    Growing evidence shows this is true of other ocean basins. In October 2024 Hurricane Milton needed only one day in the Gulf of Mexico to go from tropical storm to the Gulf’s second most powerful hurricane on record, slamming Florida’s west coast.

    Warmer air can also hold more moisture, helping storms carry and eventually release more rain. As a result, hurricanes are delivering flooding even in mountain towns like Asheville, North Carolina, inundated in September 2024 by Hurricane Helene.

    FORESTS AND FIRES

    Global warming is drying waterways and sapping moisture from forests, creating conditions for bigger and hotter wildfires from the U.S. West and Canada to southern Europe and Russia’s Far East.

    Research published in October in Nature Climate Change calculated that about 13% of deaths associated with toxic wildfire smoke during the 2010s could be attributed to the climate effect on wildfires.

    Brazil’s Amazon in 2024 was in the grip of its worst and most widespread drought since records began in 1950. River levels sank to all-time lows last year, while fires ravaged the rainforest.

    That added concern to scientific findings earlier last year that between 10% and 47% of the Amazon will face combined stresses of heat and drought from climate change, as well as other threats, by 2050.

    That could push the Amazon past a tipping point, with the jungle no longer able to produce enough moisture to quench its own trees, at which point the ecosystem could transition to degraded forests or sandy savannas.

    Globally, forests appear to be struggling. A July 2024 study found that forests overall failed to absorb the year before as much carbon dioxide from the atmosphere as in the past, due largely to the Amazon drought and wildfires in Canada. That means a record amount of CO2 entered the atmosphere.

    In addition, scientists with the U.S. National Oceanic and Atmospheric Administration found in December 2024 that while the vast Arctic tundra has been a carbon sink for thousands of years, rising wildfire emissions mean the tundra is now releasing more carbon than it stores.

    VOLCANIC SURGE

    Scientists fear climate change could even boost volcanic eruptions. In Iceland, volcanoes appear to be responding to rapid glacier retreat. As ice melts, less pressure is exerted on the Earth’s crust and mantle.

    (REUTERS)

  • MIL-OSI Europe: Press release – Global march to Gaza: MEPs worried about the treatment of activists in Egypt

    Source: European Parliament 3

    Concerned about reports of the deportation and maltreatment, leading MEPs call on the Egyptian authorities to ensure the respect for human rights.

    Tineke Strik (Greens, NL), standing rapporteur for Egypt and Mounir Satouri (Greens, FR), Chair of the Subcommittee on Human Rights, issued the following statement on Thursday, 19 June:

    “We are concerned about credible reports of the deportation and mistreatment of citizens, including from EU member states, by the Egyptian authorities over the past couple of days.

    “Thousands of activists from around the world travelled to Egypt to participate in the ‘Global March to Gaza’ and following their arrival reported about (incommunicado) detention, physical harassment, unjustified denials of entry, and the confiscation of passports and mobile phones.”

    “Under Article 2 of the EU-Egypt Association Agreement, the Egyptian authorities committed themselves to the respect of democratic principles and fundamental human rights as set out in the Universal Declaration on Human Rights. More recently, the EU and Egypt agreed to an upgraded partnership that reiterates cooperation grounded in mutual respect, trust, and shared human rights commitments.

    “We call on the Egyptian authorities to adhere to these commitments and ensure the respect for the human rights of all persons under its jurisdiction. Moreover, we call upon the authorities to provide clarification about these recent incidents as soon as possible. We have also conveyed this message to the Egyptian Ambassador to the EU.”

    For further information contact:

    Office of Tineke Strik, tel. +32 2 284 52 12, e-mail: tineke.strik@europarl.europa.eu

    Office of Mounir Satouri, tel. +32 2 284 55 21, e-mail: mounir.satouri@europarl.europa.eu

    MIL OSI Europe News –