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MIL-OSI Europe: Written question – Draghi Report: cost, contract award and transparency – E-000544/2025
Source: European Parliament
Question for written answer E-000544/2025
to the Commission
Rule 144
Petra Steger (PfE)

In her State of the Union address on 13 September 2023, Commission President Ursula von der Leyen gave advance notice of a report by former ECB President Mario Draghi. Ursula von der Leyen received the EU-funded report on the future of European competitiveness, requested by the Commission, on 9 September 2024. The report’s proposal that EUR 750 million in new common debt be taken on runs counter runs counter to the spirit of the EU Treaties and amounts to a communist wealth distribution programme at the expense of the few remaining net contributing countries. What is more, many questions remain unanswered regarding the transparent use of taxpayers’ money.

1.What was the total cost of producing the Draghi Report, and what remuneration did Mario Draghi personally receive?

2.What selection criteria were applied when awarding the contract to produce the report, and how many others did Mario Draghi compete with and ultimately beat?

3.Are there plans for the Commission to award further contracts for reports or analyses to experts with similar links to the Commission?

Submitted: 5.2.2025
Last updated: 14 February 2025
MIL OSI Europe News –
February 15, 2025
MIL-OSI Europe: Written question – Niinistö Report: cost, contract award and transparency – E-000545/2025
Source: European Parliament
Question for written answer E-000545/2025
to the Commission
Rule 144
Petra Steger (PfE)

On 20 March 2024, Commission President Ursula von der Leyen gave advance notice of a joint report by special adviser Sauli Niinistö and former High Representative for Foreign Affairs and Security Policy Josep Borrell. Ursula von der Leyen received the EU-funded report on strengthening EU civil and military preparedness and readiness, requested by the Commission, on 30 October 2024. The report includes several aspects worthy of severe criticism: in addition to calling for even closer cooperation between the EU and NATO and close coordination on mutual defence, it includes plans to establish a fully-fledged EU secret service. Pursuing this would lead Austria even further away from its founding neutrality and the country would lose yet another piece of its national sovereignty. Above all, however, many unanswered questions remain in connection with the transparent use of taxpayers’ money.

1.What was the total cost of producing the Niinistö Report, and what remuneration did Sauli Niinistö and Josep Borrell personally receive?

2.What selection criteria were applied when awarding the contract to produce the report, and how many others did Sauli Niinistö and Josep Borrell compete with and ultimately beat?

3.What does the Commission make of possible conflicts of interest arising from Sauli Niinistö’s party political ties to Commission President Ursula von der Leyen?

Submitted: 5.2.2025
Last updated: 14 February 2025
MIL OSI Europe News –
February 15, 2025

MIL-OSI Europe: Text adopted – Genetically modified maize DP910521 – P10_TA(2025)0014 – Wednesday, 12 February 2025 – Strasbourg

Source: European Parliament

The European Parliament,

– having regard to the draft Commission implementing decision authorising the placing on the market of products containing, consisting of or produced from genetically modified maize DP910521 pursuant to Regulation (EC) No 1829/2003 of the European Parliament and of the Council (D102174/03),

– having regard to Regulation (EC) No 1829/2003 of the European Parliament and of the Council of 22 September 2003 on genetically modified food and feed(1), and in particular Article 7(3) and Article 19(3) thereof,

– having regard to the vote of the Standing Committee on Plants, Animals, Food and Feed referred to in Article 35 of Regulation (EC) No 1829/2003, on 22 November 2024, at which no opinion was delivered, and the vote of the Appeal Committee on 17 December 2024, at which again no opinion was delivered,

– having regard to Article 11 of Regulation (EU) No 182/2011 of the European Parliament and of the Council of 16 February 2011 laying down the rules and general principles concerning mechanisms for control by Member States of the Commission’s exercise of implementing powers(2),

– having regard to the opinion adopted by the European Food Safety Authority (EFSA) on 19 June 2024, and published on 1 August 2024(3),

– having regard to its previous resolutions objecting to the authorisation of genetically modified organisms (‘GMOs’)(4),

– having regard to Rule 115(2) and (3) of its Rules of Procedure,

– having regard to the motion for a resolution of the Committee on the Environment, Climate and Food Safety,

A. whereas on 27 June 2022, Corteva Agriscience Belgium B.V., based in Belgium, on behalf of Corteva Agriscience LLC, based in the United States, submitted an application to the national competent authority of the Netherlands for the placing on the market of foods, food ingredients and feed containing, consisting of or produced from genetically modified maize DP910521 (the ‘GM maize’);

B. whereas the GM maize produces the Cry1B.34 toxin and is resistant to the herbicide glufosinate;

C. whereas glufosinate is classified as toxic to reproduction 1B and therefore meets the ‘cut-off criteria’ set out in Regulation (EC) No 1107/2009 of the European Parliament and of the Council(5); whereas the approval of glufosinate for use in the Union expired on 31 July 2018;

D. whereas Cry1B.34 is a synthetic fusion protein combining Cry1B, Cry1Ca1 and Cry9Db1, engineered for insect resistance against lepidopteran pests, without demonstrated specificity to target species;

E. whereas the genetic modification includes a two-step process using CRISPR/Cas9 to insert a ‘landing pad’, followed by microprojectile bombardment for gene expression cassette insertion;

Lack of assessment of the complementary herbicide

F. whereas Commission Implementing Regulation (EU) No 503/2013(6) requires an assessment of whether the expected agricultural practices influence the outcome of the studied endpoints; whereas, according to that Implementing Regulation, this is especially relevant for herbicide-tolerant plants;

G. whereas the vast majority of GM crops have been genetically modified so that they are tolerant to one or more ‘complementary’ herbicides which can be used throughout the cultivation of the GM crop, without the crop dying, as would be the case for a non-herbicide tolerant crop; whereas a number of studies show that herbicide-tolerant GM crops result in a higher use of complementary herbicides, in large part because of the emergence of herbicide-tolerant weeds(7);

H. whereas herbicide-tolerant GM crops lock farmers into a weed management system that is largely or wholly dependent on herbicides, and does so by charging a premium for GM seeds that can be justified only if farmers purchasing such seeds also spray the complementary herbicides; whereas heightened reliance on complementary herbicides on farms planting the GM crops accelerates the emergence and spread of weeds resistant to those herbicides, thereby triggering the need for even more herbicide use, a vicious circle known as ‘the herbicide treadmill’;

I. whereas the adverse impacts stemming from excessive reliance on herbicides will worsen as regards soil health, water quality, and above and below ground biodiversity, and lead to increased human and animal exposure, potentially also via increased herbicide residues on food and feed;

J. whereas assessment of herbicide residues and metabolites found on GM plants is considered outside the remit of the EFSA Panel on Genetically Modified Organisms (‘EFSA GMO Panel’) and is therefore not undertaken as part of the authorisation process for GMOs;

Outstanding questions concerning Bt toxins

K. whereas a number of studies show that side effects have been observed that may affect the immune system following exposure to Bt toxins and that some Bt toxins may have adjuvant properties(8), meaning that they can increase the allergenicity of other proteins with which they come into contact;

L. whereas a scientific study found that the toxicity of Bt toxins may also be increased through interaction with residues from spraying with herbicides, and that further studies are needed on the combinatorial effects of ‘stacked’ events (GM crops which have been modified to be herbicide-tolerant and to produce insecticides in the form of Bt toxins)(9); whereas assessment of the potential interaction of herbicide residues and their metabolites with Bt toxins is, however, considered to be outside the remit of the EFSA GMO Panel and is, therefore, not undertaken as part of the risk assessment;

Bt crops: effects on non-target organisms

M. whereas, unlike the use of insecticides, where exposure is at the time of spraying and for a limited period afterwards, the use of Bt GM crops leads to continuous exposure of the target and non-target organisms to Bt toxins;

N. whereas the assumption that Bt toxins exhibit a single target-specific mode of action can no longer be considered correct and effects on non-target organisms cannot be excluded; whereas an increasing number of non-target organisms are reported to be affected in many ways;

Member State and stakeholder comments

O. whereas Member States submitted many critical comments to EFSA during the three-month consultation period(10), including that the list of relevant studies, identified in the literature review of the applicant, did not include studies on the fate of Bt proteins in the environment or on potential effects of Btcrop residues on non-target organisms even though such studies exist;

P. whereas field trials conducted for compositional and phenotypic analysis of the GM maize failed to consider diverse environmental conditions and genetic backgrounds relevant to its cultivation, particularly in countries like Brazil;

Q. whereas the toxicity assessment of Cry1B.34 does not account for combinatorial effects with plant constituents or residues from herbicide applications;

R. whereas glufosinate, the complementary herbicide, is associated with significant risks to biodiversity, soil and water quality, and long-term ecosystem health;

S. whereas the risk of gene flow to wild relatives such as teosinte, reported in Spain and France, raises concerns about transgene persistence and environmental impacts;

T. whereas the monitoring requirements under Implementing Regulation (EU) No 503/2013 are inadequately addressed, with no independent verification of data provided;

Ensuring a global level playing field and upholding the Union’s international obligations

U. whereas the conclusions of the Strategic Dialogue on the Future of EU Agriculture(11) call on the Commission to reassess its approach on market access for agri-food imports and exports, given the challenge of diverging standards of the Union and its trading partners; whereas fairer trade relations, on a global level, coherent with goals for a healthy environment, were one of the main demands of farmers during the demonstrations of 2023 and 2024;

V. whereas a 2017 report by the United Nations’ (UN) Special Rapporteur on the right to food found that, particularly in developing countries, hazardous pesticides have catastrophic impacts on health(12); whereas the UN Sustainable Development Goal (‘UN SDG’) Target 3.9 aims by 2030 to substantially reduce the number of deaths and illnesses from hazardous chemicals and air, water and soil pollution and contamination(13);

W. whereas the trade agreement between the EU and Mercosur will incentivise imports to the Union of food and animal feed containing, consisting of or produced from genetically modified organisms; whereas Brazil and Argentina are among the world’s top GMO producers and pesticide users, including GMOs and pesticides banned in the Union for health or environmental reasons;

X. whereas the Kunming-Montreal Global Biodiversity Framework, agreed at the COP15 of the UN Convention on Biological Diversity (‘UN CBD’) in December 2022, includes a global target to reduce the risk of pesticides by at least 50 % by 2030(14);

Y. whereas Regulation (EC) No 1829/2003 states that GM food or feed must not have adverse effects on human health, animal health or the environment, and requires the Commission to take into account any relevant provisions of Union law and other legitimate factors relevant to the matter under consideration when drafting its decision; whereas such legitimate factors should include the Union’s obligations under the UN SDGs and the UN CBD;

Reducing dependency on imported feed

Z. whereas one of the lessons from the COVID-19 crisis and the still ongoing war in Ukraine is the need for the Union to end the dependencies on some critical materials; whereas in the mission letter to Commissioner Christophe Hansen, Commission President Ursula von der Leyen asks him to look at ways to reduce imports of critical commodities(15);

Undemocratic decision-making

AA. whereas, in its eighth term, Parliament adopted a total of 36 resolutions objecting to the placing on the market of GMOs for food and feed (33 resolutions) and to the cultivation of GMOs in the Union (three resolutions); whereas, in its ninth term, Parliament adopted 38 resolutions objecting to placing GMOs on the market and has adopted another 8 resolutions objecting to placing GMOs on the market already in the current 10th term;

AB. whereas despite its own acknowledgement of the democratic shortcomings, the lack of support from Member States and the objections of Parliament, the Commission continues to authorise GMOs;

AC. whereas no change of law is required for the Commission to be able not to authorise GMOs when there is no qualified majority of Member States in favour in the Appeal Committee(16);

AD. whereas the vote on 22 November 2024 of the Standing Committee on Plants, Animals, Food and Feed referred to in Article 35 of Regulation (EC) No 1829/2003 delivered no opinion, meaning that the authorisation was not supported by a qualified majority of Member States; whereas the vote on 17 December 2024 of the Appeal Committee again delivered no opinion;

1. Considers that the draft Commission implementing decision exceeds the implementing powers provided for in Regulation (EC) No 1829/2003;

2. Considers that the draft Commission implementing decision is not consistent with Union law, in that it is not compatible with the aim of Regulation (EC) No 1829/2003, which is, in accordance with the general principles laid down in Regulation (EC) No 178/2002 of the European Parliament and of the Council(17), to provide the basis for ensuring a high level of protection of human life and health, animal health and welfare, and environmental and consumer interests, in relation to GM food and feed, while ensuring the effective functioning of the internal market;

3. Calls on the Commission to withdraw its draft implementing decision and to submit a new draft to the committee;

4. Calls on the Commission to ensure convergence of standards between the Union and its partners in free trade agreement negotiations, in order to meet Union safety standards;

5. Calls on the Commission not to authorise the GM maize due to the increased risks to biodiversity, food safety and workers’ health in line with the One Health approach;

6. Expects the Commission, as matter of urgency, to deliver on its commitment(18) to come forward with a proposal to ensure that hazardous chemicals banned in the Union are not produced for export;

7. Welcomes the fact that the Commission finally recognised, in a letter of 11 September 2020 to Members, the need to take sustainability into account when it comes to authorisation decisions on GMOs(19); expresses its deep disappointment, however, that, since then the Commission has continued to authorise GMOs for import into the Union, despite ongoing objections by Parliament and a majority of Member States voting against;

8. Urges the Commission, again, to take into account the Union’s obligations under international agreements, such as the Paris Climate Agreement, the UN CBD and the UN SDGs; reiterates its call for draft implementing acts to be accompanied by an explanatory memorandum explaining how they uphold the principle of ‘do no harm’(20);

9. Instructs its President to forward this resolution to the Council and the Commission, and to the governments and parliaments of the Member States.

(1)	OJ L 268, 18.10.2003, p. 1, ELI: http://data.europa.eu/eli/reg/2003/1829/oj.
(2)	OJ L 55, 28.2.2011, p. 13, ELI: http://data.europa.eu/eli/reg/2011/182/oj.
(3)	Scientific opinion of the EFSA Panel on Genetically Modified Organisms on the ‘Assessment of genetically modified maize DP910521 (application GMFF-2021-2473)’, EFSA Journal 2024;22(8):e8887, https://doi.org/10.2903/j.efsa.2024.8887.
(4)	–––––––– In its eighth term, Parliament adopted 36 resolutions and, in its ninth term, Parliament adopted 38 resolutions objecting to the authorisation of GMOs. Furthermore, in its tenth term Parliament has adopted the following resolutions:European Parliament resolution of 26 November 2024 on Commission Implementing Decision (EU) 2024/2628 renewing the authorisation for the placing on the market of products containing, consisting of or produced from genetically modified maize MON 89034 × 1507 × NK603 pursuant to Regulation (EC) No 1829/2003 of the European Parliament and of the Council (P10_TA(2024)0038).European Parliament resolution of 26 November 2024 on Commission Implementing Decision (EU) 2024/2627 authorising the placing on the market of products containing, consisting of or produced from genetically modified cotton COT102 pursuant to Regulation (EC) No 1829/2003 of the European Parliament and of the Council (P10_TA(2024)0039).European Parliament resolution of 26 November 2024 on Commission Implementing Decision (EU) 2024/2629 renewing the authorisation for the placing on the market of products containing, consisting of or produced from genetically modified maize MON 89034 × 1507 × MON 88017 × 59122 and eight of its sub-combinations pursuant to Regulation (EC) No 1829/2003 of the European Parliament and of the Council (P10_TA(2024)0040).European Parliament resolution of 26 November 2024 on Commission Implementing Decision (EU) 2024/1828 renewing the authorisation for the placing on the market of feed containing, consisting of and of food and feed products produced from genetically modified maize MON 810 pursuant to Regulation (EC) No 1829/2003 of the European Parliament and of the Council and repealing Commission Implementing Decision (EU) 2017/1207 (P10_TA(2024)0041).European Parliament resolution of 26 November 2024 on Commission Implementing Decision (EU) 2024/1822 authorising the placing on the market of products containing, consisting of or produced from genetically modified maize DP915635 pursuant to Regulation (EC) No 1829/2003 of the European Parliament and of the Council (P10_TA(2024)0042).European Parliament resolution of 26 November 2024 on Commission Implementing Decision (EU) 2024/1826 authorising the placing on the market of products containing, consisting of or produced from genetically modified maize DP23211 pursuant to Regulation (EC) No 1829/2003 of the European Parliament and of the Council (P10_TA(2024)0043).European Parliament resolution of 26 November 2024 on Commission Implementing Decision (EU) 2024/2618 authorising the placing on the market of products containing, consisting of or produced from genetically modified maize DP202216 pursuant to Regulation (EC) No 1829/2003 of the European Parliament and of the Council (P10_TA(2024)0044).European Parliament resolution of 26 November 2024 on the draft Commission implementing decision authorising the placing on the market of products containing, consisting of or produced from genetically modified maize MON 94804 pursuant to Regulation (EC) No 1829/2003 of the European Parliament and of the Council (P10_TA(2024)0045).
(5)	Regulation (EC) No 1107/2009 of the European Parliament and of the Council of 21 October 2009 concerning the placing of plant protection products on the market and repealing Council Directives 79/117/EEC and 91/414/EEC (OJ L 309, 24.11.2009, p. 1, ELI: https://eur-lex.europa.eu/eli/reg/2009/1107/oj).
(6)	Commission Implementing Regulation (EU) No 503/2013 of 3 April 2013 on applications for authorisation of genetically modified food and feed in accordance with Regulation (EC) No 1829/2003 of the European Parliament and of the Council and amending Commission Regulations (EC) No 641/2004 and (EC) No 1981/2006 (OJ L 157, 8.6.2013, p. 1, ELI: http://data.europa.eu/eli/reg_impl/2013/503/oj).
(7)	See, for example, Schulz, R., Bub, S., Petschick, L. L., Stehle, S., Wolfram, J. (2021) ‘Applied pesticide toxicity shifts toward plants and invertebrates, even in GM crops’, Science 372(6537), pp. 81-84, https://doi.org/10.1126/science.abe1148; Bonny, S., ‘Genetically Modified Herbicide-Tolerant Crops, Weeds, and Herbicides: Overview and Impact’, Environmental Management, January 2016;57(1), pp. 31-48, https://www.ncbi.nlm.nih.gov/pubmed/26296738; and Benbrook, C. M., ‘Impacts of genetically engineered crops on pesticide use in the U.S. – the first sixteen years’, Environmental Sciences Europe, 28 September 2012, Vol. 24(24), https://enveurope.springeropen.com/articles/10.1186/2190-4715-24-24.
(8)	For a review, see Rubio-Infante, N., Moreno-Fierros, L., ‘An overview of the safety and biological effects of Bacillus thuringiensis Cry toxins in mammals’, Journal of Applied Toxicology, May 2016, 36(5), pp. 630-648, https://onlinelibrary.wiley.com/doi/full/10.1002/jat.3252.
(9)	Bøhn, T., Macagnan Rover, C., Semenchuk, P. R., ‘Daphnia magna negatively affected by chronic exposure to purified Cry-toxins’, Food and Chemical Toxicology, May 2016, Volume 91, pp. 130-140, https://www.sciencedirect.com/science/article/pii/S0278691516300722.
(10)	https://efsa.onlinelibrary.wiley.com/action/downloadSupplement?doi=10.2903%2Fj.‌efsa.2024.8716&file=efs28716-sup-0012-Annex8.pdf.
(11)	‘Strategic Dialogue on the Future of EU Agriculture – A shared prospect for farming and food in Europe’, September 2024, https://agriculture.ec.europa.eu/document/download/171329ff-0f50-4fa5-946f-aea11032172e_en?filename=strategic-dialogue-report-2024_en.pdf.
(12)	https://www.ohchr.org/en/documents/thematic-reports/ahrc3448-report-special-rapporteur-right-food.
(13)	https://indicators.report/targets/3-9/.
(14)	see: https://ec.europa.eu/commission/presscorner/detail/en/ip_22_7834.
(15)	https://commission.europa.eu/document/2c64e540-c07a-4376-a1da-368d289f4afe_en.
(16)	The Commission ‘may’, and not ‘shall’, go ahead with authorisation if there is no qualified majority of Member States in favour at the Appeal Committee, according to Article 6(3) of Regulation (EU) No 182/2011.
(17)	Regulation (EC) No 178/2002 of the European Parliament and of the Council of 28 January 2002 laying down the general principles and requirements of food law, establishing the European Food Safety Authority and laying down procedures in matters of food safety (OJ L 31, 1.2.2002, p. 1, ELI: http://data.europa.eu/eli/reg/2002/178/oj).
(18)	As outlined in the annex to the communication of the Commission of 14 October 2020 entitled ‘Chemicals Strategy for Sustainability Towards a Toxic-Free Environment’, COM(2020)0667, https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=COM%3A2020%3A667%3AFIN#document2.
(19)	https://tillymetz.lu/wp-content/uploads/2020/09/Co-signed-letter-MEP-Metz.pdf.
(20)	European Parliament resolution of 15 January 2020 on the European Green Deal (OJ C 270, 7.7.2021, p. 2), paragraph 102.

MIL OSI Europe News –

February 15, 2025

MIL-OSI Europe: Latest news – 17-21 January: Work in Parliamentary Committees

Source: European Parliament

In the week of 17 February, a large part of Members’ work this week will be in Parliamentary Committees.

Several committees will hold exchanges of views with their responsible Commissioners. The AFET committee will organise its first Interparliamentary Committee Meeting on Foreign Policy issues of the mandate and the AFCO committee will gather all registered European Political parties for an exchange of views.

MIL OSI Europe News –

February 15, 2025
MIL-OSI Europe: Illegal imports of medicinal products in 2024: continuing trend in high-dose erectile dysfunction products

Source: Switzerland – Federal Administration in English

Together with the Federal Office for Customs and Border Security (FOCBS), Swissmedic secured 5,668 packages containing illegally imported medicinal products during 2024. This is around 15% less than in 2023. The majority of these illegal imports were erectile stimulants, following by psychotropic agents, laxatives and other lifestyle drugs. Illegal preparations from dubious online sources often contain wrongly declared, overdosed active substances, or none at all. Taking them can cause serious harm to health.

MIL OSI Europe News –

February 15, 2025
MIL-OSI Europe: Oral question – Democratic legitimacy and the Commission’s continued authorisation of genetically modified organisms despite Parliament’s objections – O-000003/2025
Source: European Parliament
Question for oral answer O-000003/2025
to the Commission
Rule 142
Biljana Borzan
on behalf of the S&D Group

In the previous legislative term, Parliament adopted 38 objections to the authorisation of genetically modified organisms (GMOs), while another 10 objections have achieved the necessary majority in plenary in the current term. These repeated objections reflect the political will of Parliament and its concerns regarding biodiversity, food safety and environmental sustainability. However, despite Parliament’s clear stance, the Commission continues to grant authorisations, invoking its implementing powers under Regulation (EC) No 1829/2003[1].

This practice exposes a significant democratic deficit, as the position of Parliament, which represents the EU’s citizens, has been disregarded in almost 50 cases. The Commission’s decisions are frequently made without a qualified majority in the Standing Committee on Plants, Animals, Food and Feed, yet it proceeds with authorisations. This gives rise to concerns about the legitimacy of the EU’s decision-making processes and whether they sufficiently respect the precautionary principle.

1.Democratic legitimacy: Given that Parliament has objected to nearly 50 GMO authorisations, how does the Commission justify continuing with approval despite the clear lack of political support and growing public concern?

2.Precautionary principle: The precautionary principle is a cornerstone of EU environmental and health policy. How does the Commission ensure that its GMO authorisation process adheres to this principle, particularly in the light of data gaps and concerns raised by independent scientists and EU citizens? In addition, how does the Commission ensure that its GMO authorisation process does not disproportionately favour third-country agribusiness interests over the EU’s own environmental, health and consumer protection standards?

3.Institutional balance: Does the Commission acknowledge that its current approach undermines trust in the EU institutions by ignoring Parliament’s clear stance? Will it consider reforming the comitology process to strengthen democratic accountability?

4.Future commitments: In the light of the European Green Deal and commitments to sustainable agriculture, what measures will the Commission take to ensure that GMO authorisations align with EU sustainability goals and environmental protection policies? Considering the EU’s reliance on GMO imports from third countries (such as the US and Brazil), how does the Commission plan to balance trade pressures with its commitments under the European Green Deal and the Farm to Fork Strategy?

Submitted: 11.2.2025

Lapses: 12.5.2025

[1] Regulation (EC) No 1829/2003 of the European Parliament and of the Council of 22 September 2003 on genetically modified food and feed (OJ L 268, 18.10.2003, p. 1, ELI: http://data.europa.eu/eli/reg/2003/1829/oj).
Last updated: 14 February 2025
MIL OSI Europe News –
February 15, 2025
MIL-OSI Europe: Highlights – European Parliamentary Week

Source: European Parliament

European Parliamentary Week 2025 © European Union (2025) – European Parliament

The European Parliament together with the Sejm and Senate of the Republic of Poland, representing the parliamentary dimension of the Presidency of the Council of the EU, organise the European Parliamentary Week 2025 on 17 and 18 February 2025. This high-level event gathers national Parliamentarians from the European Union, candidate and observers countries as well as Members of the European Parliament.

MIL OSI Europe News –

February 15, 2025
MIL-OSI Europe: From innovation hub to electric highways

Source: European Investment Bank

For Serbians to use more electric cars, new rules and regulations need to be adopted. To help, the government is halting the import of used vehicles that do not meet specific standards, and it is introducing incentives for new car purchases. Currently, about 2.8 million vehicles in Serbia are an average of 18 years old.

Serbia is adopting new regulations to help expand its charging network. At the end of 2024, the country adopted the Law on Energy, which for the first time addresses electric vehicle charging. The new law defines energy policies to ensure that there is a reliable energy supply, and it helps regulate the energy market. The law also covers the integration of electric vehicles into the electricity network.

“Now, it is important to define specific regulations in line with the EU standards to tackle technical and legal conditions, software, data structure and classification, rights and obligations of providers and users,” Zjačić says.

MIL OSI Europe News –

February 15, 2025

MIL-OSI: TC Energy reports solid fourth quarter 2024 operating and financial results

Source: GlobeNewswire (MIL-OSI)

Southeast Gateway pipeline project achieves mechanical completion
Increases common share dividend for the twenty-fifth consecutive year

CALGARY, Alberta, Feb. 14, 2025 (GLOBE NEWSWIRE) — TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) released its fourth quarter results today. François Poirier, TC Energy’s President and Chief Executive Officer commented, “Our strategic priorities that emphasize safety, operational excellence and project execution continue to deliver solid growth, low risk and repeatable performance. For the full year 2024, comparable EBITDA¹ from continuing operations increased approximately six per cent, and segmented earnings from continuing operations increased approximately 56 per cent compared to 2023.” Poirier continued, “Reaching mechanical completion 13 per cent under budget on the Southeast Gateway pipeline project is a monumental milestone for the company and for Mexico, and a testament to our unwavering focus on project execution. We remain aligned with the CFE on achieving a May 1, 2025 in-service date, which will mark a material inflection point for TC Energy; providing Southeast Mexico with access to safe, reliable and affordable energy. Driven by our consistently strong performance, TC Energy’s Board of Directors approved a quarterly dividend increase of 3.3 per cent for the quarter ending March 31, 2025, equivalent to $3.40 per common share on an annualized basis. The increase in quarterly dividend is based on TC Energy’s proportionate allocation of the dividend post-spin, and represents our twenty-fifth consecutive year of dividend growth.”

Financial Highlights
(All financial figures are unaudited and in Canadian dollars unless otherwise noted)

Following the spinoff of our Liquids Pipelines business into South Bow on October 1, 2024, Liquids Pipelines results are reported as a discontinued operation
Fourth quarter 2024 financial results from continuing operations:
- Comparable earnings¹ of $1.1 billion or $1.05 per common share¹ compared to $1.2 billion or $1.15 per common share in fourth quarter 2023
- Net income attributable to common shares of $1.1 billion or $1.03 per common share compared to net income attributable to common shares of $1.2 billion or net income per common share of $1.20 in fourth quarter 2023
- Comparable EBITDA of $2.6 billion compared to $2.7 billion in fourth quarter 2023
- Segmented earnings of $1.9 billion compared to $2.0 billion in fourth quarter 2023
Year ended December 31, 2024 financial results from continuing operations:
- Comparable EBITDA of $10.0 billion compared to $9.5 billion in 2023
- Segmented earnings of $8.0 billion compared to $5.1 billion in 2023
Year ended December 31, 2024 financial results including a nine-month contribution from the Liquids Pipelines business:
- 2024 comparable earnings of $4.4 billion or $4.27 per common share compared to $4.7 billion or $4.52 per common share in 2023
- Net income attributable to common shares of $4.6 billion or $4.43 per common share compared to $2.8 billion or $2.75 per common share in 2023
- Comparable EBITDA of $11.2 billion compared to $11.0 billion in 2023
- Segmented earnings of $8.7 billion compared to $6.1 billion in 2023
TC Energy’s Board of Directors approved a 3.3 per cent increase in the quarterly common share dividend to $0.85 per common share for the quarter ending March 31, 2025, equivalent to $3.40 per common share on an annualized basis. The increase in quarterly dividend is based on TC Energy’s proportionate allocation of the dividend post-spin
2025 outlook for continuing operations:
- Comparable EBITDA outlook for 2025 continuing operations is expected to be $10.7 to $10.9 billion, driven by new projects anticipated to be placed in service in 2025, including the Southeast Gateway pipeline, along with the full year contribution from projects placed in service in 2024, higher contributions from the NGTL System resulting from the five-year negotiated revenue requirement settlement, partially offset by reduced generation from Bruce Power due to the commencement of the Unit 4 Major Component Replacement (MCR)
- Comparable earnings per common share (EPS) for 2025 for continuing operations is expected to be lower than 2024 comparable EPS from continuing operations due to the net impact of an increase in comparable EBITDA, lower AFUDC related to the Southeast Gateway pipeline expected to be placed in service on May 1, 2025, lower interest income as a result of lower cash balances and lower interest rates, increased depreciation rates on the NGTL System related to the five-year negotiated revenue requirement settlement, higher effective tax rates and reduced capitalized interest due to the Coastal GasLink pipeline commercial in-service
- Capital expenditures are expected to be $6.1 to $6.6 billion, on a gross basis, or $5.5 to $6.0 billion of net capital expenditures² after considering capital expenditures attributable to non-controlling interests of entities we control.

Operational Highlights

Canadian Natural Gas Pipelines deliveries averaged 25.6 Bcf/d, up seven per cent compared to fourth quarter 2023
- Total NGTL System deliveries set a new record of 17.7 Bcf on February 9, 2025
- Canadian Mainline fourth quarter deliveries averaged 6.3 Bcf/d, up 11 per cent compared to fourth quarter 2023
U.S. Natural Gas Pipelines daily average flows were 27.0 Bcf/d
- U.S. Natural Gas Pipelines set a new all-time record of 37.9 Bcf on January 20, 2025
- ANR set a new all-time record of 10.0 Bcf on January 20, 2025
Mexico Natural Gas Pipelines flows averaged 2.7 Bcf/d
- Sur de Texas pipeline set a single-day flow record above 1.7 Bcf/d on November 20, 2024 highlighting its importance as a key import route for U.S. natural gas production into Mexico
Bruce Power achieved 99 per cent availability in fourth quarter 2024
Cogeneration power plant fleet achieved 98 per cent availability in fourth quarter 2024, attributed to fewer forced outages and successful completion of planned outages.

Project Highlights

Completed the successful spinoff of the Liquids Pipelines business (the Spinoff Transaction) on October 1, 2024
Achieved mechanical completion of the Southeast Gateway pipeline project on January 20, 2025. We continue to be aligned with the CFE on finalizing the remaining project completion activities for achieving a May 1, 2025 in-service date
Declared commercial in-service of the Coastal GasLink pipeline in November 2024, allowing for the collection of tolls from customers retroactive to October 1, 2024
Approved the Pulaski and Maysville projects on our Columbia Gulf System. These mainline extension projects off Columbia Gulf will facilitate full coal-to-gas conversion at two existing power plants and are each expected to provide 0.2 Bcf/d of capacity for incremental gas-fired generation. The projects have anticipated in-service dates in 2029 and total estimated costs of US$0.7 billion
Approved the US$0.3 billion Southeast Virginia Energy Storage Project. This is an LNG peaking facility in southeast Virginia that will serve an existing LDC’s growing winter peak day load and mitigate its peak day pricing exposure, as well as increase operational flexibility on the Columbia Gas system. The project has an anticipated in-service date of 2030
Placed the US$0.1 billion GTN XPress project into service in December 2024
Bruce Power announced Stage 3a of Project 2030 which will provide incremental capacity of approximately 90 MW at the site. TC Energy’s share of the capital required is approximately $175 million. Bruce Power will not be requesting an incremental capital call for this stage. By optimizing its existing Units through this program, when complete, Project 2030 is expected to increase the Bruce Power site peak output to 7,000 MW. All of this output will be sold under Bruce Power’s long-term contract with the IESO
Removed Bruce Power’s Unit 4 from service on January 31, 2025 to commence its MCR program. The Unit 5 MCR final cost and schedule estimate was submitted to the IESO on January 31, 2025
TC Energy and prospective partners Saugeen Ojibway Nation will advance pre-development work on the Ontario Pumped Storage Project following the Ontario Government’s recent announcement on January 24, 2025 to invest up to $285 million to complete a detailed cost estimate and environmental assessments to determine the feasibility of the project.

	three months ended December 31			year ended December 31
(millions of $, except per share amounts)	2024		2023¹	2024	2023¹

Net income (loss) attributable to common shares	971		1,463	4,594	2,829
from continuing operations	1,069		1,249	4,199	2,217
from discontinued operations²	(98	)	214	395	612

Net income (loss) per common share – basic	$0.94		$1.41	$4.43	$2.75
from continuing operations	$1.03		$1.20	$4.05	$2.15
from discontinued operations²	($0.09	)	$0.21	$0.38	$0.60

Comparable EBITDA³	2,619		3,107	11,194	10,988
from continuing operations	2,619		2,715	10,049	9,472
from discontinued operations²	—		392	1,145	1,516

Comparable earnings³	1,094		1,403	4,430	4,652
from continuing operations	1,094		1,192	3,865	3,896
from discontinued operations²	—		211	565	756

Comparable earnings per common share³	$1.05		$1.35	$4.27	$4.52
from continuing operations	$1.05		$1.15	$3.73	$3.78
from discontinued operations²	—		$0.20	$0.54	$0.74

Prior year results have been recast to reflect the split between continuing and discontinued operations.
Represents nine months of Liquids Pipelines earnings in 2024 compared to a full year of Liquids Pipelines earnings in 2023. Refer to the Discontinued operations section of this news release for additional information.
For additional information on the most directly comparable GAAP measure, refer to the Non-GAAP measures section of this news release.

	three months ended December 31			year ended December 31
(millions of $, except per share amounts)	2024	2023		2024	2023

Cash flows¹
Net cash provided by operations²	2,084	1,860		7,696	7,268
Comparable funds generated from operations^2,3	1,665	2,405		7,890	7,980
Capital spending⁴	2,307	2,985		7,904	12,298
Acquisitions, net of cash acquired	—	(5	)	—	(307	)
Proceeds from sales of assets, net of transaction costs	—	33		791	33
Disposition of equity interest, net of transaction costs⁵	—	5,328		419	5,328

Dividends declared
per common share⁶	$0.8225	$0.93		$3.7025	$3.72

Basic common shares outstanding (millions)
– weighted average for the period	1,038	1,037		1,038	1,030
– issued and outstanding at end of period	1,039	1,037		1,039	1,037

Includes continuing and discontinued operations.
Represents nine months of Liquids Pipelines earnings in 2024 compared to a full year of Liquids Pipelines earnings in 2023. Refer to the Discontinued operations section of this news release for additional information.
Comparable funds generated from operations is a non-GAAP measure used throughout this news release. This measure does not have any standardized meaning under GAAP and therefore is unlikely to be comparable in similar measures presented by other companies. The most directly comparable GAAP measure is Net cash provided by operations. For more information on non-GAAP measures, refer to the Non-GAAP measures section of this news release.
Capital spending reflects cash flows associated with our Capital expenditures, Capital projects in development and Contributions to equity investments net of Other distributions from equity investments of $3.1 billion in 2024 in the Canadian Natural Gas Pipelines segment. Refer to Note 7, Coastal GasLink in the Consolidated financial statements of our 2024 Annual Report and the Segmented information of our Condensed consolidated financial statements of this news release for additional information.
Included in the Financing activities section of the Condensed consolidated statement of cash flows.
Dividends declared in fourth quarter 2024 reflect TC Energy’s proportionate allocation following the Spinoff Transaction. Refer to the Discontinued operations section of this news release for additional information.

	three months ended December 31				year ended December 31
(millions of $, except per share amounts)	2024		2023¹		2024		2023¹

Segmented earnings (losses) from continuing operations
Canadian Natural Gas Pipelines	506		692		2,016		(90	)
U.S. Natural Gas Pipelines	918		955		4,053		3,531
Mexico Natural Gas Pipelines	214		150		929		796
Power and Energy Solutions	276		263		1,102		1,004
Corporate	(16	)	(34	)	(136	)	(144	)
Segmented earnings (losses) from continuing operations	1,898		2,026		7,964		5,097

Comparable EBITDA from continuing operations
Canadian Natural Gas Pipelines	851		1,034		3,388		3,335
U.S. Natural Gas Pipelines	1,200		1,225		4,511		4,385
Mexico Natural Gas Pipelines	234		208		999		805
Power and Energy Solutions	341		266		1,214		1,020
Corporate	(7	)	(18	)	(63	)	(73	)
Comparable EBITDA from continuing operations	2,619		2,715		10,049		9,472

Depreciation and amortization	(639	)	(632	)	(2,535	)	(2,446	)
Interest expense included in comparable earnings	(836	)	(777	)	(3,176	)	(2,966	)
Allowance for funds used during construction	233		132		784		575
Foreign exchange gains (losses), net included in comparable earnings	(44	)	40		(85	)	118
Interest income and other	120		119		324		272
Income tax (expense) recovery included in comparable earnings	(168	)	(253	)	(772	)	(890	)
Net (income) loss attributable to non-controlling interests included in comparable earnings	(163	)	(128	)	(620	)	(146	)
Preferred share dividends	(28	)	(24	)	(104	)	(93	)
Comparable earnings from continuing operations	1,094		1,192		3,865		3,896
Comparable earnings per common share from continuing operations	$1.05		$1.15		$3.73		$3.78

Prior year results have been recast to reflect continuing operations only.

	three months ended December 31				year ended December 31
(millions of $, except per share amounts)	2024		2023¹		2024²		2023¹

Segmented earnings (losses) from discontinued operations	(109	)	301		716		1,039
Comparable EBITDA from discontinued operations	—		392		1,145		1,516
Depreciation and amortization	—		(85	)	(253	)	(332	)
Interest expense included in comparable earnings³	—		(63	)	(176	)	(287	)
Interest income and other included in comparable earnings⁴	—		2		3		6
Income tax (expense) recovery included in comparable earnings⁵	—		(35	)	(154	)	(147	)
Comparable earnings from discontinued operations	—		211		565		756
Comparable earnings per common share from discontinued operations	—		$0.20		$0.54		$0.74

Prior year results have been recast to reflect the Liquids Pipelines business as a discontinued operation as a result of the Spinoff Transaction.
Represents nine months of Liquids Pipelines earnings in 2024 compared to a full year of Liquids Pipelines earnings in 2023. Refer to the Discontinued operations section in our 2024 Annual Report for additional information.
Excludes pre-tax carrying charges of $5 million for the three months ended December 31, 2023 as a result of a charge related to the FERC Administrative Law Judge decision on Keystone in respect of a tolling-related complaint pertaining to amounts recognized in prior periods.
Excludes pre-tax Liquids Pipelines business separation costs of $10 million related to insurance provisions for the three months ended December 31, 2024.
Excludes the impact of income taxes related to the specified items mentioned above as well as a $14 million U.S. minimum tax recovery in fourth quarter 2023 on the Keystone XL asset impairment charge and other related to the termination of the Keystone XL pipeline project.

CEO Message
2024 has been a transformational year for TC Energy. Through maintaining focus on a clear set of strategic priorities, we have delivered on our commitments and solidified our position as an industry leading natural gas and power company. With the successful spinoff of our Liquids Pipelines business, significant progress towards our debt-to-EBITDA³ leverage targets, and achieving mechanical completion on Southeast Gateway, we are well positioned to capitalize on the unprecedented demand we are seeing in natural gas and power and energy solutions across Canada, the U.S. and Mexico. Building on our solid foundation, our strong operational and financial results in 2024 are a direct reflection of our best safety performance in five years that has driven the highest level of asset availability and reliability across our portfolio.

Our priorities for 2025 are clear. We will continue to maximize the value of our assets through safety and operational excellence, execute our selective portfolio of growth projects and ensure financial strength and agility. We believe that our renewed focus on natural gas and power, and our portfolio of highly contracted assets gives us a strategic competitive advantage in the industry, enabling us to continue achieving solid growth, low risk and repeatable performance.

TC Energy’s focus on project execution continues to deliver results. The Southeast Gateway pipeline project reached mechanical completion on January 20, 2025 with the final golden welds at Coatzacoalcos and Paraíso. The estimated final cost for the project is approximately US$3.9 billion, which is at the low end of our prior guidance of US$3.9 to US$4.1 billion and 13 per cent below our original cost estimate. We continue to be aligned with the CFE on finalizing the remaining project completion activities for achieving a May 1, 2025 in-service date. The Southeast Gateway project highlights the success of the CFE’s first public-private partnership with TC Energy. Bruce Power Unit 4 was removed from service on January 31, 2025 to commence its MCR program, with a return to service expected in 2028, and the Unit 3 MCR program continues to advance on plan for both cost and schedule. The Unit 5 MCR final cost and schedule estimate was submitted to the IESO on January 31, 2025. In 2024, approximately $7 billion of projects have been placed in service, including natural gas pipeline capacity projects along our extensive North American asset footprint, our share of equity contributions related to the Coastal GasLink pipeline, as well as progressing the Bruce Power life extension program. We continue to expect approximately $8.5 billion of projects to be placed in service in 2025, including the Southeast Gateway pipeline project.

In November 2024, Coastal GasLink LP executed a commercial agreement with LNG Canada (LNGC) and LNGC Participants that declared commercial in-service for the pipeline, allowing for the collection of tolls from customers retroactive to October 1, 2024. In March 2022, we announced the signing of option agreements to sell up to a 10 per cent equity interest in Coastal GasLink LP to Indigenous communities across the project corridor, from our current 35 per cent equity ownership. The equity option is exercisable after commercial in-service of the Coastal GasLink pipeline, subject to customary regulatory approvals and consents, including the consent of LNGC. As a result of the commercial agreement with LNGC and LNGC Participants, which has allowed for an earlier commercial in-service than the LNGC plant, we are actively collaborating with the Indigenous communities to establish a mutually agreeable timeframe in which the option can be exercised.

We continue to assess ongoing trade negotiations between the U.S., Canada and Mexico and potential impacts of proposed tariffs to our business and our customers. On February 3, 2025, a 30-day pause on potential tariffs was implemented which we believe will support increased engagement with North America’s leaders in order to reach an agreement that will benefit consumers across the continent. There is significant energy flow between the U.S., Canada and Mexico, including oil, gas, electricity, and uranium, making our energy markets highly interdependent. Our assets support this cross-border flow of natural gas to critical markets in the U.S. Northeast, Midwest and Pacific Northwest and we remain committed to providing competitive and reliable service to our customers on both sides of the border.

Given 97 per cent of our comparable EBITDA is underpinned by regulated cost-of-service frameworks or take-or-pay negotiated contracts, we bear minimal commodity price or volumetric risk. As such, we do not anticipate any significant impact to our financial performance.

The cost-of-service framework of our regulated Canadian Natural Gas Pipelines business, which transports natural gas to be exported to the U.S. by our shippers, provides TC Energy with protection in the event of higher cost and/or loss of volumes. Our Mexico Natural Gas Pipelines business primarily receives southern U.S. natural gas supply, transported for our customers for delivery into key demand markets in Mexico. We do not transport any natural gas from Mexico into the U.S. Our contracts in Mexico are U.S. dollar-denominated and based on long-term, take-or-pay agreements. In our Power and Energy Solutions business, our most significant contributor is Bruce Power, where more than 90 per cent of capital and resource costs are spent in Canada.

We recognize prolonged tariffs could impact capital allocation decisions and we will allocate capital to the markets where the demand for energy continues to grow. We have the benefit of a diverse portfolio across three jurisdictions, along with opportunities in natural gas, nuclear and other power and energy solutions that provides flexibility in our capital allocation.

Reinforced by the strength of our base business and the confidence in our future outlook, TC Energy’s Board of Directors approved a 3.3 per cent increase in the quarterly common share dividend to $0.85 per common share for the quarter ending March 31, 2025, equivalent to $3.40 per common share on an annualized basis. This is the twenty-fifth consecutive year the Board has raised the dividend.

Teleconference and Webcast
We will hold a teleconference and webcast on Friday, February 14, 2025 at 6:30 a.m. (MST) / 8:30 a.m. (EST) to discuss our fourth quarter 2024 financial results and Company developments. Presenters will include François Poirier, President and Chief Executive Officer; Sean O’Donnell, Executive Vice-President and Chief Financial Officer; and other members of the executive leadership team.

Members of the investment community and other interested parties are invited to participate by calling 1-844-763-8274 (Canada/U.S.) or 1-647-484-8814 (International). No passcode is required. Please dial in 15 minutes prior to the start of the call. Alternatively, participants may pre-register for the call here. Upon registering, you will receive a calendar booking by email with dial in details and a unique PIN. This process will bypass the operator and avoid the queue. Registration will remain open until the end of the conference call.

A live webcast of the teleconference will be available on TC Energy’s website at TC Energy — Events and presentations or via the following URL: https://www.gowebcasting.com/13928. The webcast will be available for replay following the meeting.

A replay of the teleconference will be available two hours after the conclusion of the call until midnight EST on February 21, 2025. Please call 1-855-669-9658 (Canada/U.S.) or 1-412-317-0088 (International) and enter passcode 6438166.

The audited annual consolidated financial statements and Management’s Discussion and Analysis (MD&A) are available on our website at www.TCEnergy.com and will be filed today under TC Energy’s profile on SEDAR+ at www.sedarplus.ca and with the U.S. Securities and Exchange Commission on EDGAR at www.sec.gov.

About TC Energy
We’re a team of 6,500+ energy problem solvers connecting the world to the energy it needs. Our extensive network of natural gas infrastructure assets is one-of-a-kind. We seamlessly move, generate and store energy and deliver it to where it is needed most, to homes and businesses in North America and across the globe through LNG exports. Our natural gas assets are complemented by our strategic ownership and low-risk investments in power generation.

TC Energy’s common shares trade on the Toronto (TSX) and New York (NYSE) stock exchanges under the symbol TRP. To learn more, visit us at www.TCEnergy.com.

Forward-Looking Information
This release contains certain information that is forward-looking and is subject to important risks and uncertainties and is based on certain key assumptions. Forward-looking statements are usually accompanied by words such as “anticipate”, “expect”, “believe”, “may”, “will”, “should”, “estimate” or other similar words. Forward-looking statements in this document may include, but are not limited to, statements related to Coastal GasLink and Southeast Gateway, including mechanical completion and expected in-service dates and related expected capital expenditures, expected comparable EBITDA and comparable earnings in total and per common share and the sources thereof, and targeted debt-to-EBITDA leverage metrics for 2025, expectations with respect to Indigenous investment, expectations with respect to Bruce Power, including Project 2030, expectations with respect to the approximate value of projects to be placed in-service in 2025, expectations with respect to our strategic priorities, including the expected impacts of the five-year negotiated revenue requirement settlement for the NGTL System, and the execution thereof, our sustainability commitments, expectations with respect to our ability to maximize the value of our assets through safety and operational excellence, expected cost and schedules for planned projects, including projects under construction and in development and the associated capital expenditures, expectations about our ability to execute our identified portfolio of growth projects and ensure financial strength and agility, our ability to deliver solid growth, low risk and repeatable performance, our expected net capital expenditures, including timing, and expected industry, market and economic conditions, and ongoing trade negotiations, including their expected impact on our business, customers and suppliers. Our forward-looking information is subject to important risks and uncertainties and is based on certain key assumptions. Forward-looking statements and future-oriented financial information in this document are intended to provide TC Energy security holders and potential investors with information regarding TC Energy and its subsidiaries, including management’s assessment of TC Energy’s and its subsidiaries’ future plans and financial outlook. All forward-looking statements reflect TC Energy’s beliefs and assumptions based on information available at the time the statements were made and as such are not guarantees of future performance. As actual results could vary significantly from the forward-looking information, you should not put undue reliance on forward-looking information and should not use future-oriented information or financial outlooks for anything other than their intended purpose. We do not update our forward-looking information due to new information or future events, unless we are required to by law. For additional information on the assumptions made, and the risks and uncertainties which could cause actual results to differ from the anticipated results, refer to the most recent Quarterly Report to Shareholders and the 2024 Annual Report filed under TC Energy’s profile on SEDAR+ at www.sedarplus.ca and with the U.S. Securities and Exchange Commission at www.sec.gov and the “Forward-looking information” section of our Report on Sustainability and our GHG Emissions Reduction Plan which are available on our website at www.TCEnergy.com.

Non-GAAP and Supplementary Financial Measures
This release contains references to the following non-GAAP measures: comparable EBITDA, comparable earnings, comparable earnings per common share and comparable funds generated from operations. It also contains references to debt-to-EBITDA, a non-GAAP ratio, which is calculated using adjusted debt and adjusted comparable EBITDA, each of which are non-GAAP measures. These non-GAAP measures do not have any standardized meaning as prescribed by GAAP and therefore may not be comparable to similar measures presented by other entities. These non-GAAP measures are calculated by adjusting certain GAAP measures for specific items we believe are significant but not reflective of our underlying operations in the period. These comparable measures are calculated on a consistent basis from period to period and are adjusted for specific items in each period, as applicable except as otherwise described in the Condensed consolidated financial statements and MD&A. Refer to: (i) each business segment and the discontinued operations section for a reconciliation of comparable EBITDA to segmented earnings (losses); (ii) Consolidated results section and the discontinued operations section for reconciliations of comparable earnings and comparable earnings per common share to Net income attributable to common shares and Net income per common share, respectively; and (iii) Financial condition section for a reconciliation of comparable funds generated from operations to Net cash provided by operations. Refer to the Non-GAAP Measures section of the MD&A in our most recent quarterly report for more information about the non-GAAP measures we use. The MD&A is included with, and forms part of, this release. The MD&A can be found on SEDAR+ at www.sedarplus.ca under TC Energy’s profile.

With respect to non-GAAP measures used in the calculation of debt-to-EBITDA, adjusted debt is defined as the sum of Reported total debt, including Notes payable, Long-term debt, Current portion of long-term debt and Junior subordinated notes, as reported on our Consolidated balance sheet as well as Operating lease liabilities recognized on our Consolidated balance sheet and 50 per cent of Preferred shares as reported on our Consolidated balance sheet due to the debt-like nature of their contractual and financial obligations, less Cash and cash equivalents as reported on our Consolidated balance sheet and 50 per cent of Junior subordinated notes as reported on our Consolidated balance sheet due to the equity-like nature of their contractual and financial obligations. Adjusted comparable EBITDA is calculated as the sum of comparable EBITDA from continuing operations and comparable EBITDA from discontinued operations excluding Operating lease costs recorded in Plant operating costs and other in our Consolidated statement of income and adjusted for Distributions received in excess of (income) loss from equity investments as reported in our Consolidated statement of cash flows which we believe is more reflective of the cash flows available to TC Energy to service our debt and other long-term commitments. We believe that debt-to-EBITDA provides investors with useful information as it reflects our ability to service our debt and other long-term commitments. See the Reconciliation section for reconciliations of adjusted debt and adjusted comparable EBITDA for the years ended December 31, 2022, 2023 and 2024.

This release contains references to net capital expenditures, which is a supplementary financial measure. Net capital expenditures represent capital costs incurred for growth projects, maintenance capital expenditures, contributions to equity investments and projects under development, adjusted for the portion attributed to non-controlling interests in the entities we control. Net capital expenditures reflect capital costs incurred during the period, excluding the impact of timing of cash payments. We use net capital expenditures as a key measure in evaluating our performance in managing our capital spending activities in comparison to our capital plan.

Reconciliation
The following is a reconciliation of adjusted debt and adjusted comparable EBITDAⁱ.

	year ended December 31
(millions of Canadian $)	2024		2023		2022

Reported total debt	59,366		63,201		58,300
Management adjustments:
Debt treatment of preferred sharesⁱⁱ	1,250		1,250		1,250
Equity treatment of junior subordinated notesⁱⁱⁱ	(5,524	)	(5,144	)	(5,248	)
Cash and cash equivalents	(801	)	(3,678	)	(620	)
Operating lease liabilities	511		457		430
Adjusted debt	54,802		56,086		54,112

Comparable EBITDA from continuing operations^iv	10,049		9,472		8,483
Comparable EBITDA from discontinued operations^iv	1,145		1,516		1,418
Operating lease cost	117		105		95
Distributions received in excess of (income) loss from equity investments	67		(123	)	(29	)
Adjusted Comparable EBITDA	11,378		10,970		9,967

Adjusted Debt/Adjusted Comparable EBITDAⁱ	4.8		5.1		5.4

Adjusted debt and adjusted comparable EBITDA are non-GAAP measures. The calculations are based on management methodology. Individual rating agency calculations will differ.
50 per cent debt treatment on $2.5 billion of preferred shares as of December 31, 2024.
50 per cent equity treatment on $11.0 billion of junior subordinated notes as of December 31, 2024. U.S. dollar-denominated notes translated at December 31, 2024, USD/CAD foreign exchange rate of 1.44.
Comparable EBITDA from continuing operations and Comparable EBITDA from discontinued operations are non-GAAP financial measures. See the Forward-looking information and Non-GAAP measures sections in our 2024 Annual Report for more information. Comparable EBITDA from discontinued operations represents nine months of Liquids Pipelines earnings in 2024 compared to a full year of Liquids Pipelines earnings in 2023. Refer to the Discontinued operations section in our 2024 Annual Report for additional information.

Media Inquiries:
Media Relations
media@tcenergy.com
403.920.7859 or 800.608.7859

Investor & Analyst Inquiries:
Gavin Wylie / Hunter Mau
investor_relations@tcenergy.com
403.920.7911 or 800.361.6522

Download full report here: https://www.tcenergy.com/siteassets/pdfs/investors/reports-and-filings/annual-and-quarterly-reports/2024/tce-2024-q4-quarterly-report.pdf

________________________
¹ Comparable EBITDA, comparable earnings and comparable earnings per common share are non-GAAP measures used throughout this news release and are applicable to each of our continuing operations and discontinued operations. These measures do not have any standardized meaning under GAAP and therefore are unlikely to be comparable to similar measures presented by other companies. The most directly comparable GAAP measures are Segmented earnings, Net income attributable to common shares and Net income per common share, respectively. We do not forecast Segmented earnings. For more information on non-GAAP measures, refer to the Non-GAAP measures section of this news release.
² Net capital expenditures are adjusted for the portion attributed to non-controlling interests and is a supplementary financial measure used throughout this news release. For more information on non-GAAP measures and the supplementary financial measure, refer to the Non-GAAP and Supplementary financial measures sections of this news release.
³ Debt-to-EBITDA is a non-GAAP ratio. Adjusted debt and adjusted comparable EBITDA are non-GAAP measures used to calculate debt-to-EBITDA. For more information on non-GAAP measures, refer to the non-GAAP measures of this news release. These measures do not have any standardized meaning under GAAP and therefore are unlikely to be comparable to similar measures presented by other companies.

The MIL Network –

February 15, 2025

MIL-OSI: TC Energy declares quarterly dividends
Source: GlobeNewswire (MIL-OSI)

CALGARY, Alberta, Feb. 14, 2025 (GLOBE NEWSWIRE) — News Release – TC Energy Corporation (TSX, NYSE: TRP) (TC Energy or the Company) announced that its Board of Directors (Board) has declared a quarterly dividend of $0.85 per common share for the quarter ending March 31, 2025, on the Company’s outstanding common shares. The common share dividend is payable on April 30, 2025, to shareholders of record at the close of business on March 31, 2025.

The Board also declared quarterly dividends on the outstanding Cumulative First Preferred Shares as follows:
- For the period up to but excluding March 31, 2025, payable on March 31, 2025, to shareholders of record at the close of business on Feb. 28, 2025:
  - Series 1 (TRP.PR.A) – $0.3086875 per share
  - Series 2 (TRP.PR.F) – $0.3329282 per share
  - Series 3 (TRP.PR.B) – $0.105875 per share
  - Series 4 (TRP.PR.H) – $0.2934774 per share
- For the period up to but excluding April 30, 2025, payable on April 30, 2025, to shareholders of record at the close of business on March 31, 2025:
  - Series 5 (TRP.PR.C) – $0.1218125 per share
  - Series 6 (TRP.PR.I) – $0.2889247 per share
  - Series 7 (TRP.PR.D) – $0.3740625 per share
  - Series 9 (TRP.PR.E) – $0.3175 per share
  - Series 10 (TRP.PR.L) – $0.3388562 per share
These dividends are designated by TC Energy to be eligible dividends for purposes of the Income Tax Act (Canada) and any similar provincial or territorial legislation. An enhanced dividend tax credit applies to eligible dividends paid to Canadian residents.

Common shares purchased with reinvested cash dividends under TC Energy’s Dividend Reinvestment and Share Purchase Plan (DRP) will be acquired on the Toronto Stock Exchange at 100 per cent of the weighted average purchase price. The DRP is available for dividends payable on TC Energy’s common and preferred shares.

About TC Energy
We’re a team of 6,500+ energy problem solvers connecting the world to the energy it needs. Our extensive network of natural gas infrastructure assets is one-of-a-kind. We seamlessly move, generate and store energy and deliver it to where it is needed most, to homes and businesses in North America and across the globe through LNG exports. Our natural gas assets are complemented by our strategic ownership and low-risk investments in power generation.

TC Energy’s common shares trade on the Toronto (TSX) and New York (NYSE) stock exchanges under the symbol TRP. To learn more, visit us at TCEnergy.com.

FORWARD-LOOKING INFORMATION
This release contains certain information that is forward-looking and is subject to important risks and uncertainties (such statements are usually accompanied by words such as “anticipate”, “expect”, “believe”, “may”, “will”, “should”, “estimate”, “intend” or other similar words). Forward-looking statements in this document are intended to provide TC Energy security holders and potential investors with information regarding TC Energy and its subsidiaries, including management’s assessment of TC Energy’s and its subsidiaries’ future plans and financial outlook. All forward-looking statements reflect TC Energy’s beliefs and assumptions based on information available at the time the statements were made and as such are not guarantees of future performance. As actual results could vary significantly from the forward-looking information, you should not put undue reliance on forward-looking information and should not use future-oriented information or financial outlooks for anything other than their intended purpose. We do not update our forward-looking information due to new information or future events, unless we are required to by law. For additional information on the assumptions made, and the risks and uncertainties which could cause actual results to differ from the anticipated results, refer to the most recent Quarterly Report to Shareholders and Annual Report filed under TC Energy’s profile on SEDAR+ at www.sedarplus.ca and with the U.S. Securities and Exchange Commission at www.sec.gov.

-30-

Media Inquiries:
Media Relations
media@tcenergy.com
403-920-7859 or 800-608-7859

Investor & Analyst Inquiries:
Gavin Wylie / Hunter Mau
investor_relations@tcenergy.com
403-920-7911 or 800-361-6522

PDF Available: http://ml.globenewswire.com/Resource/Download/4540a2e7-8ab4-47f0-aab2-11d081301941

The MIL Network –
February 15, 2025

MIL-OSI Economics: RBI to conduct 4-day Variable Rate Repo (VRR) auction under LAF on February 17, 2025

Source: Reserve Bank of India

On a review of current and evolving liquidity conditions, it has been decided to conduct a Variable Rate Repo (VRR) auction on February 17, 2025, Monday, as under:

Sl. No.	Notified Amount (₹ crore)	Tenor (day)	Window Timing	Date of Reversal
1	75,000	4	11:00 AM to 11:30 AM	February 21, 2025 (Friday)

2. Standalone Primary Dealers will be allowed to participate in this auction, along with other eligible participants.

3. The operational guidelines for the auction will be same as given in Reserve Bank’s Press Release 2021-2022/1572 dated January 20, 2022.

Ajit Prasad
Deputy General Manager
(Communications)

Press Release: 2024-2025/2169

MIL OSI Economics –

February 15, 2025

MIL-OSI Economics: Fannie Mae Reports Net Income of $17.0 Billion for 2024 and $4.1 Billion for Fourth Quarter 2024

Source: Fannie Mae

WASHINGTON, DC – Fannie Mae (FNMA/OTCQB) today reported its fourth quarter and full-year 2024 financial results and filed its 2024 Form 10-K with the Securities and Exchange Commission. The filing provides consolidated financial statements for the year ended December 31, 2024. The following documents are now available on Fannie Mae’s website at www.fanniemae.com.

Fannie Mae has scheduled a conference call to discuss the company’s results today at 8:00 a.m., ET. Participants may join the conference call in listen-only mode via the webcast link below.

Listen-only webcast:
https://event.webcasts.com/starthere.jsp?ei=1704775&tp_key=159ba11bd8
Click on the link above to attend the presentation from your laptop, tablet, or mobile device. Audio will stream through your selected device. If you have difficulty accessing the webcast, please click the “Listen by Phone” button on the webcast player and dial the number provided.

MIL OSI Economics –

February 15, 2025
MIL-OSI Video: Gaza: Ceasefire Offers Relief, but Urgent Aid is Vital- Press Conference | United Nations

Source: United Nations (Video News)

Press conference by United Nations Office for Project Services (UNOPS) Executive Director Jorge Moreira da Silva, on his current visit to the Middle East.

“The ceasefire has offered a much-needed respite, but there is simply no time to lose,” said Jorge Moreira, Executive Director of the United Nations Office for Project Services (UNOPS), as he briefed reporters on the humanitarian situation in Gaza.

Speaking to the reporters at UN headquarters in New York via video call, Moreira underscored the urgency of maintaining access for aid delivery and called for a permanent ceasefire and “the release of all hostages without delay.”

Moreira highlighted the organization’s efforts to support Gaza’s recovery, describing the scale-up of fuel delivery as a critical achievement. “Before the ceasefire, we were providing, on average, 100,000 liters per day of fuel. Now, we are providing and distributing 1.3 million liters per day,” he said. “This confirms, as we always said: once the political and security conditions would allow, we would be able to scale up and speed up delivery.”

UNOPS, which manages the UN 2720 mechanism to facilitate aid delivery, has expedited the transport of nearly 78,000 metric tons of humanitarian assistance into Gaza. “Most importantly, 70 percent of all approvals, all consignments, have been processed in less than 24 hours,” Moreira said.

He also expressed concern about the complex and hazardous conditions on the ground, noting the presence of unexploded ordnance amidst massive amounts of debris. “In partnership with UN Mine Action, we mitigate the dangers of landmines and unexploded ordnance. As you imagine, this is particularly important in Gaza,” he said.
The conflict has left behind an estimated 40 to 50 million tons of rubble, a significant portion of which may contain human remains and dangerous explosives. “We are not just dealing with rubble; we are dealing with obviously a very complex situation,” Moreira said.

Reflecting on his visit to Gaza, he described the experience as overwhelming, “Today, in my visit, I was astonished, very impressed, with the scale of devastation. And I’ve seen the footage, we have seen the footage, but there is nothing like seeing that directly.”

Moreira reiterated the organization’s readiness to continue its work in the region. “6,000 personnel, and we stand ready to support the implementation of the ceasefire deal and to scale up the delivery of sustained humanitarian relief,” he said.

https://www.youtube.com/watch?v=I6fa73-I9Vk

MIL OSI Video –

February 15, 2025
MIL-OSI Video: Football for the Goals – Seattle Reign FC on the Initiative | SDGs | United Nations

Source: United Nations (Video News)

In this episode of the Football for the Goals Q&A video series, we sit down with Community Engagement and Social Impact Manager of Seattle Reign FC, Steph Hirsch. We discuss why their organization joined the Football for the Goals Initiative, how Seattle Reign FC has made a positive impact in the local community, and upcoming for continued success off the field.

Seattle Reign FC is a professional women’s soccer team based in Seattle, competing in the National Women’s Soccer League (NWSL) in the United States of America. Known for its strong legacy and commitment to excellence, the club has been a key force in advancing women’s soccer in the country.

———————————

Football for the Goals is a United Nations initiative that provides a platform for the global football community to engage with and advocate for the Sustainable Development Goals (SDGs). It is an opportunity to build on football’s powerful and influential reach and to work together to become agents of change by aligning messaging, strategies and operations with the aspirations of the SDGs.

This initiative will inspire and guide the world of football – from confederations, national associations, leagues and clubs, to players’ associations, organized fan groups, as well as media and commercial partners – to build on existing sustainability approaches and to implement SDG strategies that lead to behavioural change.

Members may not only aspire to develop sustainable practices, but may also act as champions of the SDGs during the Decade of Action (2020-2030). Members will use their visibility and outreach power via tournaments, players, corporate brand exposure, media and fan communities to raise the profile of the SDGs through amplification and advocacy. They will inspire action by demonstrating how these sustainable practices can be mainstreamed through any business model, including sport.

https://www.youtube.com/watch?v=Oi08DZEJw4Y

MIL OSI Video –

February 15, 2025
MIL-OSI Video: UNOPS committed to Gaza health sector | United Nations

Source: United Nations (Video News)

The Executive Director of the United Nations Office for Project Services (UNOPS), Jorge Moreira da Silva, visited the European Hospital in Gaza, where he witnessed the difficult humanitarian conditions faced by the hospital due to shortages in medical supplies, medications, water, and electricity. He pointed out that the organization has increased fuel supplies to 1.3 million litres per day following the ceasefire, which has helped restart ambulances and essential services. Da Silva emphasized UNOPS’s commitment to supporting the health sector in Gaza not only through emergency assistance but also through early recovery and reconstruction plans, stressing the importance of continued humanitarian aid access to the region.

https://www.youtube.com/watch?v=Sp7eCirRZuU

MIL OSI Video –

February 15, 2025
MIL-OSI Video: Ask an Economist – What is the IMF?

Source: International Monetary Fund – IMF (video statements)

What is the role of the IMF? We provide an overview of the IMF’s work in our newest episode of Ask an Economist. https://www.imf.org/about

https://www.youtube.com/watch?v=QCpou31OCik

MIL OSI Video –

February 15, 2025
MIL-OSI Video: UK What is being an apprentice at Parliament like?

Source: United Kingdom UK Parliament (video statements)

As National Apprenticeship Week draws to a close, we asked Lottie from the Speaker’s Apprenticeship Academy to share her experience as an apprentice in House of Commons.

https://www.youtube.com/watch?v=G0r82ZBFHTU

MIL OSI Video –

February 15, 2025
MIL-OSI United Kingdom: Apprenticeship reforms set to turbocharge economic growth
Source: United Kingdom – Executive Government & Departments

New research shows apprenticeships contribute £25bn to England’s economy, with reforms announced during National Apprenticeship Week set to boost growth.
Apprentices in England will drive £25bn of economic growth over their lifetime, new figures have revealed.

This is almost double the £14bn contribution found the last time this was assessed in 2018, demonstrating apprentices’ importance to the government’s mission to grow the economy under the Plan for Change.

These figures are for apprentices who were participating in an apprenticeship at levels 2 to 5 in the 2021-22 academic year, representing the immense value of apprentices to economic growth.

The research comes as the government reaffirms its commitment to apprenticeships as the golden thread through all six missions under the Plan for Change, and follows recently published data revealing apprenticeship starts rose by 1.3% and achievements rose by 1.1% in the first quarter following last year’s general election.

New apprenticeships announced today include wind turbine technician and heat network maintenance technician, which are key sectors that will support the government’s clean energy mission. The Education Secretary Bridget Phillipson will today be visiting Hinkley Point C and Bridgwater and Taunton College in Somerset to meet apprentices working on this critically important piece of national clean energy infrastructure.

Education Secretary, Bridget Phillipson said:

We need to take skills seriously as a country again, and the measures we’ve taken this week to slash red tape and boost the number of apprentices, show how we will deliver on this and break down the barriers to opportunity for our young people.

Apprenticeships are key to delivering our number one mission of growth and on the Prime Minister’s Plan for Change, as evidenced today by their increasing value to the economy which will continue to rise thanks to our reforms.

As National Apprenticeship Week draws to a close, it’s vital therefore that schools, colleges and businesses continue to champion apprenticeships, and this government will back them all the way.

These conclude a series of sweeping reforms announced during National Apprenticeship Week, after the Education Secretary revealed a boost in flexibility for employers around English and Maths requirements that will lead to an extra 10,000 apprentices qualified each year in key sectors including construction, healthcare and clean energy.

A cut in the minimum duration of apprenticeships from 12 to eight months will help get boots on the ground quicker if workers have prior experience, while simpler End Point Assessments and a reformed payment system will free up time for providers and employers to focus on apprentices’ career and skills development.

The visit comes after the Prime Minister recently announced reforms to planning rules which will clear a path for new nuclear power stations, creating thousands of new highly skilled jobs while delivering clean, secure and more affordable energy for working people.

HMRC have also promoted tips to help apprentices ensure they are getting paid fairly, and government Ministers including the Chancellor Rachel Reeves have been visiting employers throughout National Apprenticeship Week to understand better how apprenticeships can deliver the Plan for Change.

Minister for Industry Sarah Jones said:

The shift to home-grown, clean energy is creating thousands of apprentices with world-class experience.

Hinkley Point C alone has provided 1,500 new apprenticeships – helping to make the UK a clean energy superpower, give us energy security and protect billpayers.

New and updated apprenticeships for police constables, teaching assistants, healthcare support workers, dental hygienists and civil engineers will further support the government’s Plan for Change. A total of 660 occupations are now available.

Today, the government also launches a new “one stop shop” app that is set to revolutionise how apprentices access training and support.

The Your Apprenticeship app, designed by the DfE with extensive input from apprentices, provides easier access to essential tools, resources, and support to help apprentices to thrive in their qualification.

They will be able to track their apprenticeship through the app, ensuring they have learnt all the necessary knowledge and skills and they need to progress into skilled work and help drive Britain’s economic growth.

The Your Apprenticeship app is available to be downloaded from Google Play and the Apple app store now.

Anyone considering an apprenticeship is encouraged to go to www.findapprenticeship.service.gov.uk to discover what apprenticeships are available in their local area.

DfE media enquiries

Central newsdesk – for journalists 020 7783 8300

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Published 14 February 2025
MIL OSI United Kingdom –
February 15, 2025
MIL-OSI Russia: Rosneft volunteers develop a culture of book giving throughout Russia

Translartion. Region: Russians Fedetion –

Source: Rosneft – Rosneft – An important disclaimer is at the bottom of this article.

Rosneft enterprises across the country took part in the all-Russian campaign “Give books with love”, which was timed to coincide with International Book Giving Day, celebrated annually on February 14.

As part of the campaign, the Company’s volunteers traditionally donate printed publications to city and rural libraries, museums, educational and medical institutions. Over the years of participating in the initiative, oil workers have enriched literary collections with thousands of various publications, including encyclopedic, popular science and fiction books.

In the year of the 80th anniversary of the Victory in the Great Patriotic War, special attention is paid to works dedicated to the heroes and battles of those years. For example, Tyumenneftegaz supported the publication of Sergei Polonsky’s book – “9 Great Battles of 1941-1945”, containing many historical facts, maps, photographs, which helps to preserve the memory of those events and the price of the Victory of the Soviet people over fascism.

Volunteers of the Samara group of companies “Rosneft” have been participating in the campaign for more than 5 years. “Samaraneftegaz” donated printed publications to the library of the village of Osinki, whose collection is more than 16 thousand copies, adding literature of various genres, including colorful illustrated encyclopedias in 32 volumes.

Activists of the Kuibyshevsky Oil Refinery handed over 100 books to the pupils of the Samara boarding school No. 136 for children with disabilities. The Novokuibyshevsky Oil Refinery handed over two hundred new publications to the library of the city social hotel, where parents with children in difficult life situations are temporarily accommodated. Employees of the Syzran Oil Refinery presented books to patients of the pediatric department and the pediatric surgery department of the Syzran hospital.

Volunteers from the Saratov Oil Refinery donated about 200 books on various topics to the library of the Sokolovy workers’ settlement.

RN-Vankor volunteers donated children’s publications to the wards of the Regional Family and Children’s Center, and also provided libraries at production sites with literature. Orenburgneft employees donated the collected books to children undergoing treatment in the children’s department of the city hospital in Buzuluk, as well as to residents of the local Obereg charity home.

Udmurtneft employees brought literature for extracurricular reading, development of creative abilities, collections of fairy tales, picture books and encyclopedias to general education institutions, kindergartens and boarding schools.

The company’s enterprises also hold an annual book exchange campaign. For example, employees of RN-North-West collect both new books and those that have already been read in a special terminal located in the enterprise’s office. This year, they collected more than 300 books, which will be transferred to rural libraries in the Leningrad Region.

For the holiday, Sakhalinmorneftegaz-Shelf donated several hundred copies of books collected by the Sakhalin-1 project workers to the Sakhalin Regional Universal Scientific Library. Some of the publications are in foreign languages. This will be a great help to readers who want to gain more knowledge about international literature in the original.

Volunteering is an important element of Rosneft’s corporate culture. The Company implements the Good Deeds Platform program, within the framework of which employees provide assistance to families and children in difficult life situations, provide targeted assistance to veterans, and also conduct patriotic, environmental education and other events.

Department of Information and Advertising of PJSC NK Rosneft February 14, 2025

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 –

February 15, 2025
MIL-OSI Asia-Pac: CE meets Guangzhou official

Source: Hong Kong Information Services

Chief Executive John Lee met Secretary of the CPC Guangzhou Municipal Committee Guo Yonghang at Government House today to discuss deepening Hong Kong’s co-operation with Guangzhou.

Welcoming Mr Guo and his delegation to Hong Kong, Mr Lee outlined that Hong Kong and Guangzhou are both core cities of the Greater Bay Area and have maintained co-operation in various sectors over the years.

Mr Lee also highlighted that the 15th National Games, due to be held later this year, will be co-hosted by Guangdong, Hong Kong and Macau, adding that this will be the first time the GBA has hosted the country’s most significant multisport games.

He said the Hong Kong Special Administrative Region Government will dedicate its fullest efforts to co-hosting a successful National Games, adhering to the “simple, safe and wonderful” principle.

The Chief Executive remarked that in the Global Innovation Index 2024, the Shenzhen-Hong Kong-Guangzhou science and technology cluster was ranked second globally for a fifth consecutive year, adding that this demonstrates that the three places are embracing the potential of innovation and technology (I&T) development and establishing the GBA as a global leader in I&T.

Mr Lee also mentioned that the Hong Kong University of Science & Technology (Guangzhou), established in Nansha, welcomed its first cohort of undergraduate students in the 2023/24 academic year. He said the university is cultivating talent in such areas as artificial intelligence and data science, and will foster the joint creation of a major I&T platform spanning Hong Kong and Guangzhou, thereby contributing to the establishment of China as a strong country in science and technology.

Stressing that Hong Kong will continue to promote the integrated development of the GBA, Mr Lee said the city will seek to leverage complementary advantages with Guangzhou and foster high-level collaboration with it to promote high-quality development in the bay area, thereby contributing to the country’s reform, opening up and rejuvenation.

MIL OSI Asia Pacific News –

February 15, 2025
MIL-OSI Africa: “Prioritize National Resistance Movement (NRM) Message Of Wealth Creation,” President Museveni Urges Kigezi Leaders

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

KAMPALA, Uganda, February 14, 2025/APO Group/ —

“My main message to all of you is prioritizing the National Resistance Movement (NRM) message on wealth creation. Uganda has so many development needs; it is alright to talk about them, but prioritizing is crucial. Like the Bible tells us: seek me first the kingdom of God, and His righteousness; and all these things shall be added unto you,” he said.

The President, who is on a performance assessment tour on wealth creation and the Parish Development Model (PDM) in Kigezi, made the remarks yesterday while meeting leaders in the subregion at Rukungiri Stadium, Rukungiri municipality.

The PDM is a government initiative aimed at transforming Uganda’s economy by extending financial assistance directly to the people outside the money economy, at the parish level to help lift households out of poverty. Each parish SACCO receives Shs. 100 million in a financial year to develop and implement viable income-generating enterprises.

“Leadership is like medical work; just as doctors diagnose patients and prescribe the correct medicine, political leaders must identify societal needs first and address them. This is what the NRM has been telling you since the 1960s,”the President said, adding that it is not only about tarmac roads, electricity, and other infrastructure that will chase poverty out of Uganda but prioritizing initiatives such as the PDM to ensure all households engage in income generating activities such as commercial agriculture.

“That road from Kampala to Mbarara up to Kabale was tarmacked in 1963 after independence and we have been repairing it like three times but even if you go there now, you find the tarmac road with poor people by the roadside. For 60 years they have had a tarmac road, but they are poor. Therefore, you the leaders, let us agree on this,” H.E. Museveni noted.

He further informed the leaders that areas like Nyabusozi, which listened to his message, did not have tarmac roads but realized that the dairy sector could get them out of poverty and have since become prosperous.

“Cows don’t mind about tarmac roads or electricity. They only need grass and water. After that experiment from Nyabusozi, I went and briefed the NRM Central Executive Committee (CEC), and in 1996 we included in the NRM manifesto that commercial agriculture is the only solution to getting people out of poverty,” the President said, adding that because Ugandans had land but did not know what to do, the NRM encouraged them to do intensive agriculture by using their small portions of land to focus on products with high returns under the four acre model.

In the Manifesto, they recommended seven activities, which include one acre for coffee, another acre for fruits (mangoes, oranges, and pineapples), another one for food crops for the family (cassava, bananas, Irish potatoes, or millet), and the last one for pasture for dairy cattle (about 8 of them). On top of this, one can add on poultry for eggs in the backyard, piggery and fish farming.

“Those who listened to our message have gotten out of poverty. That is what has brought me here. As leaders, leaving our people to languish in poverty yet solutions are there, is a very big mistake,” the President stated while giving an example of the several farmers he has visited countrywide with glowing testimonies of how their life has changed as a result of the PDM funds.

President Museveni further warned about reports of extortion and corruption in the PDM program, promising to reign in and arrest all perpetrators.

“I have heard that there are thieves in PDM. All those who stole money from the poor should return it. I’m on the ground and I’m going to arrest them all. I also stopped all the bank charges. The beneficiary must receive their full Shs. 1 million,” President Museveni warned.

He also reiterated that he had already informed the cabinet of the need to establish a processing factory for the ever-increasing volumes of eggs yet with limited market.

“You have heard that they have a lot of eggs in Kabale and the market of Uganda is not enough. I told the ministers that instead of selling them (eggs) raw or eating them in Rolex chapatis, we need to see that we process those eggs into baby foods. We shall sell both in Uganda and the whole world,” the President highlighted.

“We saw the same thing in the dairy sector after the cattle corridor started producing a lot of milk and the Ugandan market was insufficient. I brought rich people to produce powdered milk which we sell in North Africa and the Middle East,” the President said.

He also promised to return to the subregion for a special meeting focusing on tea growing.

In the same meeting, President Museveni was informed about the silent growing habit of divisions based on religion in Kigezi.

“This must stop immediately. Those creating divisions are greedy enemies of Uganda. Maama Janet and I have bananas in Ntungamo but we sell them to all irrespective of religion. When I was studying at Mbarara High School, the people who bought our cows for me to study were from Kampala and some were Muslims. So, those promoting sectarianism are enemies,” the President stated.

Regarding the issue of environmental protection, the President appealed to the people of Kigezi to use the wetlands correctly because of their crucial role in providing water for agricultural production and home use.

The status of PDM in Kigezi sub-region:

Earlier, the National Coordinator of PDM, Hon. Dennis Galabuzi Ssozi provided a detailed account of the model performance in the Kigezi sub-region.

He informed the meeting that a total of Shs. 88.8 billion has been distributed among 428 PDM SACCOs in the nine local governments of the Kigezi sub region comprising six districts and three municipalities.

The highest beneficiary according to size is Kanungu district with Shs. 20.2 billion and the lowest being Kisoro municipality with Shs. 1.5 billion.

Hon. Gabaluzi, however, noted that whereas the region has been capitalized with shs.88.8 billion, the cumulative disbursement rate to date is Shs. 87.5 billion with the highest disbursement rate being by Rukungiri municipality at a rate of 100.6%.

“This 100.6% means that point six is even interest that has accumulated on the account. So, it is a good disbursement rate,” Hon. Galabuzi said, noting that Rubanda lags in disbursement of PDM funds at 95%.

“So, the total disbursement percentage in the sub-region is at 98.5% which is a good disbursement percentage, but we still desire it to be 100%,” he added, further mentioning that a total of 88,000 households have benefited, the highest number being in Kanungu, at 19,000 households and the smallest being Kisoro. About 38% of the beneficiaries are in crop agriculture and 20% in livestock mainly piggery.

He added that the funds have been distributed well according to the allocated quarters which include; 30% for the youth, 30% for women, 10% for the elders, 10% to persons with disabilities, and 20% for any other member of the community that does not fall in those special interest groups.

“This sample analysis shows that 58% of the beneficiaries are female. This shows that when it comes to livelihoods and trying to improve the livelihoods in your home states, women are more vigilant than men by these figures,” Hon. Gababuzi stated

Although adults between 35 and 59 years are the most beneficiaries, Hon. Galabuzi said the PDM secretariat is impressed by the figures of the elderly above 60 years who have actively participated in the PDM up to 13% which is way beyond their quarter.

“So, we are within the ranges and the targets of what we had set in the beginning, and the intentions and objectives of the PDM are being realized within the statistics. These figures will help us know exactly how to plan, along the value chain, down the value chain, and how to get these products to the market,” he said.

About extortion, bank charges, and other small charges from agents, Hon. Galabuzi clarified that in line with the directive by the President, the PDM secretariat has budgeted for all the charges to ensure beneficiaries get full Shs. 1 million and also ensure that the number of agents are increased to at least per Parish.

“So, we don’t expect any further charges on that money. The beneficiary is supposed to get 1 million shillings without any charge. So, anything less than that is criminality. And the President has given the Secretariat and other security agencies a directive that we shall be arresting anyone who tries to put charges on this money because it’s criminal,” he stated.

Residents share views on PDM performance:

Mr. Mbabazi Pieri, who is a councilor of Hamurwa sub-county and deputy speaker of the Rubanda district, decried the imbalance in PDM distribution within the district, which has led to poor performance. Rubanda district has 17 administrative units, 470 villages, and 69 parishes.

“Hamurwa sub-county has five parishes with 67 villages. Originally it was six parishes. They removed one parish and made it Hamurwa Town Council with 8 villages. Now Hamurwa remains with 65 villages and a town council of 8 villages, two of which form a parish. You find a parish of those two villages, getting Shs. 100 million yet I have a parish in Hamurwa with 16 villages,” Mbabazi said.

Ms. Kembabazi Loy, a female youth Councilor in Kanungu district, called for transparency in selecting beneficiaries, adding that due to corruption, the names of certain beneficiaries are deleted from the list.

Mr. Turyabagyenyi Immy, a councilor representing people with disabilities (PWDs) in the Rukungiri district, thanked the government for considering them (PWDs) in the program but expressed dismay over the exclusion of some of their people, such as the deaf.

“Send us sign language interpreters so that category of people also benefits from the PDM,” Turyabagenyi said.

Mr. Akampurira Gideon from Rukiga district said the exclusion of local government leaders as beneficiaries of the PDM program is affecting its effective implementation.

“We also need to access this money so that we monitor a program that we fully understand,” he said.

Mr. Karuru Godfrey, who hails from Nyanamo Town Council in Bukimbiri County, Kisoro district, said the program intended for poor people has ended up in the hands of the already well-off.

Status of Emyooga in the subregion:

The Minister of State for Microfinance, Hon. Haruna Kasolo Kyeyune made a presentation on the status of the Emyooga program.

According to Hon. Kasolo, the Emyooga program aims at inculcating a saving culture among the beneficiaries in their Savings and Credit Cooperative Organizations (SACCOs) who earn daily.

The 18 categories per constituency include, among others, Boodaboda riders, taxi operators, market vendors, shoemakers, performing artists, journalists, carpenters, welders, and the fishing communities. Another category of youth leaders and people with disabilities who cannot access loans from commercial banks and local elected leaders from LC 1 to LC 5 have also been included.

He said the Kabale district with 52 SACCOs received Shs. 2.2 billion, Rubanda with 32 SACCOs (Shs. 1.64 billion), Kisoro with 17 SACCOs (Shs. 3.46 billion), Kanungu with 36 SACCOs (Shs. 1.84 billion), Rukiga with 18 SACCOs (Shs. 740 million), and Rukungiri with 54 SACCOs (Shs. 2.5 billion). All these have been prepared to receive additional seed capital of Shs. 20 million that is sent every financial year.

Although the Minister decried defaulters in the program, SACCOs are progressing well in their saving culture to the tune of Shs. 2.52 billion realized as savings. They include Kabale (Shs. 206 million), Rubanda (Shs. 421 million), Kisoro (Shs. 1.1 billion), Kanungu (Shs. 337 million), Rukiga (47 million), and Rukungiri (Shs. 360 million).

“I’m happy to report that the Emyooga program in the Kigezi sub region has been a success, and beneficiaries have utilized their funds well in lending and showcasing impressive products and services,” Minister Kasolo noted, adding that his ministry has carried out capacity building in areas of mindset change, basic records management, cooperative governance, loan management, enterprise selection, planning and management of finances, and also resource mobilization through savings to ensure proper management of the program countrywide.

Some of the best-performing SACCOs in the Kigezi sub region include: Bufumbira North elected local leaders Emyooga SACCO, Kabale Municipality Women Entrepreneurs’ SACCO, Bufumbira East women entrepreneurs SACCO, Kisoro municipality restaurant owners SACCO, Kabale municipality tailoring Emyooga SACCO, Bukimbiri youth leaders SACCOs, Ndorwa East wilders SACCO, Ndorwa East women entrepreneurs SACCO, Kabale municipality local leaders SACCO, and Kinkizi East women entrepreneurs SACCO.

To ensure transparency and recovery of funds from borrowers, Hon. Kasolo informed the meeting that they have partnered with local radio stations that are equipped with lists of beneficiaries and defaulters to remind Ugandans of their obligation to pay back.

In other reports, the Minister of Works and Transport, Gen. Edward Katumba Wamala, presented the status of the road infrastructure in the Kigezi sub region, highlighting the national roads connecting the region under his ministry and the district roads managed by the district’s local governments with funding from the central government.

He assured the leaders that all the road projects previously under the defunct Uganda National Roads Authority (UNRA) will continue, such as the road from Kabale connecting to Lake Bunyonyi and Kisoro-Mgahinga Road, whose construction is expected to kick off at the end of this month.

The Minister of Agriculture, Animal Industry, and Fisheries (MAAIF), Hon. Frank Tumwebaze, and the Permanent Secretary, MAAIF, Major General David Kasura Kyomukama, also presented a paper on the government policy on agriculture.

The Minister of State for Trade, Industry, and Cooperatives (Industry), who is also Ndorwa County West MP David Bahati, presented a report on the status of the health sector in the Kigezi sub region on behalf of Health Minister Dr Jane Ruth Aceng.

The meeting was attended by Ministers, Members of Parliament, NRM leaders, local government leaders, among others.

MIL OSI Africa –

February 15, 2025
MIL-OSI United Kingdom: New Lord Mayor Designate announced

Source: City of Plymouth

Councillor Kathy Watkin, Lord Mayor Designate and Councillor Tina Tuohy, Plymouth’s current Lord Mayor

The Lord Mayor Selection Committee has recommended the new Lord Mayor Designate for 2025/2026 as Councillor Kathy Watkin.

The recommendation will be put forward at the next Full Council meeting on 17 March before it is fully agreed.

Cllr Watkin trained and worked as a speech and language therapist before training as a solicitor. Kathy visited Plymouth as a young child when her parents lived in Cornwall and on subsequent family holidays. She was delighted when she was able to pursue her legal career with two well-known solicitors’ firms in Plymouth and for a number of years prior to retirement set up and ran her own solicitors’ practice.

Cllr Watkin has served on various committees including Licencing, Corporate Parenting, Budget Scrutiny, and the Mount Edgcumbe Joint Committee.

Kathy was the vice chair for the Planning Committee in 2022 to 2023, and is the vice-chair for the Health and Wellbeing Board, and the Health and Adult Social Care Scrutiny Panel this year.

In 2023 Kathy was elected as Deputy Lord Mayor.

She says “It is a huge honour to be selected as Lord Mayor Designate of this great city and I am looking forward to my year in office.

“Since I settled in Plymouth 50 years ago, I have enjoyed meeting and engaging with residents and local businesses and charities and I am looking forward to meeting and engaging with more over the 2025 to 2026 civic year.”

Current Lord Mayor, Councillor Tina Tuohy, said: “I am delighted that Kathy has been chosen to be the new Lord Mayor Designate.

“She will make a fantastic contribution to the communities of our city. It is very well deserved. I have enjoyed every minute of being Plymouth’s Lord Mayor the past year.”

MIL OSI United Kingdom –

February 15, 2025

MIL-OSI: 180 Degree Capital Corp. Reports Net Asset Value Per Share (“NAV”) of $4.64 as of December 31, 2024

Source: GlobeNewswire (MIL-OSI)

MONTCLAIR, N.J., Feb. 14, 2025 (GLOBE NEWSWIRE) — 180 Degree Capital Corp. (NASDAQ:TURN) (“180 Degree Capital” and the “Company”), today reported its financial results as of December 31, 2024, and noted additional developments from the first quarter of 2025. The Company also published a letter to shareholders that can be viewed at https://ir.180degreecapital.com/financial-results.

“We were pleased with our performance in Q4 2024 relative to the majority of our public market comparable indices,” said Kevin M. Rendino, Chief Executive Officer of 180 Degree Capital. “While our full year performance was disappointing, Q1 2025 has thus far continued and exceeded our strong performance exiting 2024. Our gross total return of +205% from inception through the end of 2024 continues to compare favorably to the +69% total return for the Russell Microcap Index.¹ We are also incredibly proud and excited for our recent announcement of the signing of a definitive agreement for 180 Degree Capital to enter into a business combination (the “Business Combination”) with Mount Logan Capital Inc. (“Mount Logan”). For those of you who have not had a chance to listen to our joint call with the team from Mount Logan or review the presentation deck that summarizes the proposed transaction, both can be found at https://ir.180degreecapital.com/ir-calendar/detail/2908/180-degree-capital-and-mount-logan-capital-proposed-merger. We expect to file a registration statement and included joint proxy statement/prospectus with the Securities and Exchange Commission (the “SEC”) soon. This document will give us the opportunity to speak more extensively with our shareholders about the proposed Business Combination and what we believe are its significant benefits for all shareholders. The proxy will also describe the process that led to our Board’s unanimous approval of it.”

“This proposed transaction is not the end of 180 Degree Capital,” continued Daniel B. Wolfe, President of 180 Degree Capital. “We believe this Business Combination is the logical next step in our evolution. It is also an opportunity that is not afforded commonly to closed-end funds, particularly since we believe most have limited differentiation. We believe there are clear reasons why 180 Degree Capital has this truly unique opportunity to combine with an asset manager and to transition to an operating company. We are not the only ones who understand the potential for value creation from this Business Combination. Some of our largest shareholders have signed either voting agreements or non-binding indications of support, that when combined with ownership of management and our Board, account for approximately 27% of our outstanding shares in the aggregate. We appreciate the time and consideration these shareholders spent to understand the merits of this proposed Business Combination and their support for it.”

Mr. Rendino added, “I, as the largest individual shareholder of 180 Degree Capital, and Daniel as a top-ten shareholder, could not be more excited about the future of the combined entity. We believe the proposed Business Combination to be the best opportunity to build value for all shareholders of 180 Degree Capital. We believe strongly in the future of the combined entity under the leadership of Ted Goldthorpe and his colleagues. I have been an investor in the public markets for 35 years, during which investors entrusted me with billions of dollars of capital. We are interested in building true value for shareholders over the short and long term. We believe this combination achieves both of these objectives.”

The table below summarizes 180 Degree Capital’s performance over periods of time through the end of Q4 2024¹:

	Quarter		1 Year		5 Year		Inception to Date
	Q4 2024		Q4 2023- Q4 2024		Q4 2019- Q4 2024		Q4 2016- Q4 2024
TURN Public Portfolio Gross Total Return (Excluding SMA Carried Interest)	7.8	%	1.0	%	-10.8	%	185.7	%
TURN Public Portfolio Gross Total Return (Including SMA Carried Interest)	7.8	%	1.0	%	-4.8	%	204.5	%

Change in NAV	5.5	%	-7.6	%	-49.5	%	-33.9	%

Change in Stock Price	8.7	%	-10.5	%	-43.1	%	-11.4	%

Russell Microcap Index	5.9	%	13.7	%	39.8	%	68.5	%
Russell Microcap Growth Index	14.7	%	22.5	%	28.2	%	57.6	%
Russell Microcap Value Index	4.3	%	9.7	%	49.3	%	77.8	%
Russell 2000 Index	0.3	%	11.5	%	42.7	%	82.7	%
Lipper Peer Group	1.6	%	10.8	%	52.5	%	81.8	%

About 180 Degree Capital Corp.

180 Degree Capital Corp. is a publicly traded registered closed-end fund focused on investing in and providing value-added assistance through constructive activism to what we believe are substantially undervalued small, publicly traded companies that have potential for significant turnarounds. Our goal is that the result of our constructive activism leads to a reversal in direction for the share price of these investee companies, i.e., a 180-degree turn. Detailed information about 180 Degree Capital and its holdings can be found on its website at www.180degreecapital.com.

Press Contact:
Daniel B. Wolfe
Robert E. Bigelow
180 Degree Capital Corp.
973-746-4500
ir@180degreecapital.com

Additional Information and Where to Find It

In connection with the proposed Business Combination, 180 Degree Capital intends to file with the SEC and mail to its shareholders a proxy statement on Schedule 14A (the “Proxy Statement”), containing a form of WHITE proxy card. In addition, the surviving Delaware corporation, Mount Logan Capital Inc. (“New Mount Logan”) plans to file with the SEC a registration statement on Form S-4 (the “Registration Statement”) that will register the exchange of New Mount Logan shares in the Business Combination and include the Proxy Statement and a prospectus of New Mount Logan (the “Prospectus”). The Proxy Statement and the Registration Statement (including the Prospectus) will each contain important information about 180 Degree Capital, Mount Logan, New Mount Logan, the Business Combination and related matters. SHAREHOLDERS OF 180 DEGREE CAPITAL AND MOUNT LOGAN ARE URGED TO READ THE PROXY STATEMENT AND PROSPECTUS CONTAINED IN THE REGISTRATION STATEMENT AND OTHER DOCUMENTS THAT ARE FILED OR WILL BE FILED WITH THE APPLICABLE SECURITIES REGULATORY AUTHORITIES AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT 180 DEGREE CAPITAL, MOUNT LOGAN, NEW MOUNT LOGAN, THE BUSINESS COMBINATION AND RELATED MATTERS. Investors and security holders may obtain copies of these documents and other documents filed with the applicable securities regulatory authorities free of charge through the website maintained by the SEC at https://www.sec.gov and the website maintained by the Canadian securities regulators at www.sedarplus.ca. Copies of the documents filed by 180 Degree Capital are also available free of charge by accessing 180 Degree Capital’s investor relations website at https://ir.180degreecapital.com.

Certain Information Concerning the Participants

180 Degree Capital, its directors and executive officers and other members of management and employees may be deemed to be participants in the solicitation of proxies in connection with the Business Combination. Information about 180 Degree Capital’s executive officers and directors is available in 180 Degree Capital’s Annual Report filed on Form N-CSR for the year ended December 31, 2024, which was filed with the SEC on February 13, 2025, and in its proxy statement for the 2024 Annual Meeting of Shareholders (“2024 Annual Meeting”), which was filed with the SEC on March 1, 2024. To the extent holdings by the directors and executive officers of 180 Degree Capital securities reported in the proxy statement for the 2024 Annual Meeting have changed, such changes have been or will be reflected on Statements of Change in Ownership on Forms 3, 4 or 5 filed with the SEC. These documents are or will be available free of charge at the SEC’s website at https://www.sec.gov. Additional information regarding the persons who may, under the rules of the SEC, be considered participants in the solicitation of the 180 Degree Capital shareholders in connection with the Business Combination will be contained in the Proxy Statement when such document becomes available.

Mount Logan, its directors and executive officers and other members of management and employees may be deemed to be participants in the solicitation of proxies from the shareholders of Mount Logan in favor of the approval of the Business Combination. Information about Mount Logan’s executive officers and directors is available in Mount Logan’s annual information form dated March 14, 2024, available on its website at https://mountlogancapital.ca/investor-relations and on SEDAR+ at https://sedarplus.ca. To the extent holdings by the directors and executive officers of Mount Logan securities reported in Mount Logan’s annual information form have changed, such changes have been or will be reflected on insider reports filed on SEDI at https://www.sedi.ca/sedi/. Additional information regarding the persons who may, under the rules of the SEC, be considered participants in the solicitation of the Mount Logan shareholders in connection with the Business Combination will be contained in the Prospectus included in the Registration Statement when such document becomes available.

Non-Solicitation

This letter and the materials accompanying it are not intended to be, and shall not constitute, an offer to buy or sell or the solicitation of an offer to buy or sell any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made, except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended.

Forward-Looking Statements

This letter and the materials accompanying it, and oral statements made from time to time by representatives of 180 Degree Capital and Mount Logan, may contain statements of a forward-looking nature relating to future events within the meaning of federal securities laws. Forward-looking statements may be identified by words such as “anticipates,” “believes,” “could,” “continue,” “estimate,” “expects,” “intends,” “will,” “should,” “may,” “plan,” “predict,” “project,” “would,” “forecasts,” “seeks,” “future,” “proposes,” “target,” “goal,” “objective,” “outlook” and variations of these words or similar expressions (or the negative versions of such words or expressions). Forward-looking statements are not statements of historical fact and reflect Mount Logan’s and 180 Degree Capital’s current views about future events. Such forward-looking statements include, without limitation, statements about the benefits of the Business Combination involving Mount Logan and 180 Degree Capital, including future financial and operating results, Mount Logan’s and 180 Degree Capital’s plans, objectives, expectations and intentions, the expected timing and likelihood of completion of the Business Combination, and other statements that are not historical facts, including but not limited to future results of operations, projected cash flow and liquidity, business strategy, payment of dividends to shareholders of New Mount Logan, and other plans and objectives for future operations. No assurances can be given that the forward-looking statements contained in this press release will occur as projected, and actual results may differ materially from those projected. Forward-looking statements are based on current expectations, estimates and assumptions that involve a number of risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include, without limitation, the ability to obtain the requisite Mount Logan and 180 Degree Capital shareholder approvals; the risk that Mount Logan or 180 Degree Capital may be unable to obtain governmental and regulatory approvals required for the Business Combination (and the risk that such approvals may result in the imposition of conditions that could adversely affect New Mount Logan or the expected benefits of the Business Combination); the risk that an event, change or other circumstance could give rise to the termination of the Business Combination; the risk that a condition to closing of the Business Combination may not be satisfied; the risk of delays in completing the Business Combination; the risk that the businesses will not be integrated successfully; the risk that the cost savings and any other synergies from the Business Combination may not be fully realized or may take longer to realize than expected; the risk that any announcement relating to the Business Combination could have adverse effects on the market price of Mount Logan’s common stock or 180 Degree Capital’s common stock; unexpected costs resulting from the Business Combination; the possibility that competing offers or acquisition proposals will be made; the risk of litigation related to the Business Combination; the risk that the credit ratings of New Mount Logan or its subsidiaries may be different from what the companies expect; the diversion of management time from ongoing business operations and opportunities as a result of the Business Combination; the risk of adverse reactions or changes to business or employee relationships, including those resulting from the announcement or completion of the Business Combination; competition, government regulation or other actions; the ability of management to execute its plans to meet its goals; risks associated with the evolving legal, regulatory and tax regimes; changes in economic, financial, political and regulatory conditions; natural and man-made disasters; civil unrest, pandemics, and conditions that may result from legislative, regulatory, trade and policy changes; and other risks inherent in Mount Logan’s and 180 Degree Capital’s businesses. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made. Readers should carefully review the statements set forth in the reports, which 180 Degree Capital has filed or will file from time to time with the SEC and Mount Logan has filed or will file from time to time on SEDAR+.

Neither Mount Logan nor 180 Degree Capital undertakes any obligation, and expressly disclaims any obligation, to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Any discussion of past performance is not an indication of future results. Investing in financial markets involves a substantial degree of risk. Investors must be able to withstand a total loss of their investment. The information herein is believed to be reliable and has been obtained from sources believed to be reliable, but no representation or warranty is made, expressed or implied, with respect to the fairness, correctness, accuracy, reasonableness or completeness of the information and opinions. The references and link to the website www.180degreecapital.com and mountlogancapital.ca have been provided as a convenience, and the information contained on such websites are not incorporated by reference into this press release. Neither 180 Degree Capital nor Mount Logan is responsible for the contents of third-party websites.

1. Past performance is not an indication or guarantee of future performance. Gross unrealized and realized total returns of 180 Degree Capital’s cash and securities of publicly traded companies are compounded on a quarterly basis, and intra-quarter cash flows from investments in or proceeds received from privately held investments are treated as inflows or outflows of cash available to invest or withdrawn, respectively, for the purposes of this calculation. 180 Degree Capital is an internally managed registered closed-end fund that has a portion of its assets in legacy privately held companies that are fair valued on a quarterly basis by the Valuation Committee of its Board of Directors, and 180 Degree Capital does not have an external manager that is paid fees based on assets and/or returns. Please see 180 Degree Capital’s filings with the SEC, including its 2024 Annual Report on Form N-CSR for information on its expenses and expense ratios.

The MIL Network –

February 15, 2025

MIL-OSI: Barnwell Industries, Inc. Reports Results for its First Quarter Ended December 31, 2024

Source: GlobeNewswire (MIL-OSI)

HONOLULU, Feb. 14, 2025 (GLOBE NEWSWIRE) — Barnwell Industries, Inc. (NYSE American: BRN) today reported financial results for its first quarter ended December 31, 2024. For the quarter, the Company had revenue of $4,477,000 and a net loss of $1,917,000 or $0.19 per share. In the three months ended December 31, 2023, the Company reported quarterly revenue of $6,155,000 and a net loss of $664,000 or $0.07 per share. The Company remains debt free and ended the quarter with $642,000 in working capital, including $1,957,000 in cash and cash equivalents.

Oil and Gas Prices and Production

During the three months ended December 31, 2024, oil, gas and natural gas liquids prices decreased 2%, 40% and 8%, respectively, compared to the prior year’s quarter. Additionally, oil, gas and natural gas liquids production decreased 17%, 21% and 17%, respectively, for the three months ended December 31, 2024, compared to the prior year’s quarter. The decreases in production are primarily the result of natural declines as the wells age. The production decreases were also partially due to properties sold and certain wells that were temporarily shut-in for workovers. The Company’s latest Canadian well drilled, which is 100%-owned and operated, started producing in mid-September 2024 and contributed approximately 107 net barrels of equivalent per day for a total of approximately 10,000 net barrels of equivalent during the three months ended December 31, 2024.

Non-Cash Impairment, foreign currency loss

The net loss for the three months ended December 31, 2024, was due in part to a $613,000 non-cash impairment of our US oil and natural gas properties during the current quarter. This impairment is largely due to the changing rolling average first-day-of-the-month prices used in the ceiling test calculation. Additionally, the loss was due in part to a $351,000 foreign currency loss recorded in the current year period as compared to a $126,000 gain in the prior year period due to the weakening of the Canadian dollar against the U.S. dollar.

Reduction in General and Administrative Expenses

General and administrative expenses decreased $123,000, 9%, for the three months ended December 31, 2024, primarily due to a decrease in professional fees in the current year period as compared to the prior year period.

Contract Drilling Segment

Our contract drilling segment entered into an agreement during the quarter to sell a drilling rig and related ancillary equipment for proceeds of $585,000, which will close on the sale in the second quarter ending March 31, 2025. The Company received payment of the purchase price in the quarter ended December 31, 2024.

In the coming months, the Company will move forward with appropriate strategic, business and financial alternatives for Water Resources which may include, among other things, a sale of its stock or assets, or an orderly wind-down of its operations and liquidation of equipment.

Summary and Outlook

Craig D. Hopkins, CEO, stated, “A potential proxy contest in the near term could harm the company’s liquidity and hinder investment and growth opportunities. This is particularly concerning, as we have valuable oil and gas assets with significant potential. Our new well is performing as anticipated, and we are well-positioned to drill two additional wells from the same pad once sufficient capital is secured. The planned wind-down of our contract drilling business will help refocus our efforts and reduce fixed costs in the coming quarters. We are also actively seeking ways to further reduce costs and enhance profitability. With a streamlined cost structure, Barnwell will be positioned to invest more aggressively in operations and deliver the growth our shareholders deserve.

“Regarding the potential proxy contest and board operations, I have found all current board members to be collaborative and constructive in supporting my efforts to improve Barnwell’s financial performance. Given the forgoing, I am surprised by the prospect of a contested election.”

The information contained in this press release contains “forward-looking statements,” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. A forward-looking statement is one which is based on current expectations of future events or conditions and does not relate to historical or current facts. These statements include various estimates, forecasts, projections of Barnwell’s future performance, statements of Barnwell’s plans and objectives, and other similar statements. Forward-looking statements include phrases such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “predicts,” “estimates,” “assumes,” “projects,” “may,” “will,” “will be,” “should,” or similar expressions. Although Barnwell believes that its current expectations are based on reasonable assumptions, it cannot assure that the expectations contained in such forward-looking statements will be achieved. Forward-looking statements involve risks, uncertainties and assumptions which could cause actual results to differ materially from those contained in such statements. The risks, uncertainties and other factors that might cause actual results to differ materially from Barnwell’s expectations are set forth in the “Forward-Looking Statements,” “Risk Factors” and other sections of Barnwell’s annual report on Form 10-K for the last fiscal year and Barnwell’s other filings with the Securities and Exchange Commission. Investors should not place undue reliance on the forward-looking statements contained in this press release, as they speak only as of the date of this press release, and Barnwell expressly disclaims any obligation or undertaking to publicly release any updates or revisions to any forward-looking statements contained herein.

COMPARATIVE RESULTS
(Unaudited)
	Three months ended December 31,
		2024			2023

Revenues	$	4,477,000		$	6,155,000

Net loss attributable to Barnwell Industries, Inc.	$	(1,917,000	)	$	(664,000	)

Net loss per share – basic and diluted	$	(0.19	)	$	(0.07	)

Weighted-average shares and
equivalent shares outstanding:
Basic and diluted		10,047,173			9,996,760

CONTACT:

Craig D. Hopkins
Chief Executive Officer and President

Phone: (403) 531-1560
Email: info@bocl.ca

The MIL Network –

February 15, 2025

MIL-OSI: Gravity Reports Preliminary Unaudited 4Q 2024 Results and Business Updates
Source: GlobeNewswire (MIL-OSI)

Seoul, South Korea, Feb. 14, 2025 (GLOBE NEWSWIRE) — GRAVITY Co., Ltd. (NasdaqGM: GRVY) (“Gravity” or “Company”), a developer and publisher of online and mobile games based in South Korea, today announced its unaudited financial results for the fourth quarter ended December 31, 2024, prepared in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board and business updates.

PRELIMINARY UNAUDITED FOURTH QUARTER 2024 FINANCIAL RESULTS

Tentative consolidated revenue for the fourth quarter of 2024 is KRW 130 billion, and tentative consolidated operating profit is KRW 16 billion.

The preliminary fourth quarter of 2024 result is mainly attributed by increased revenues from THE RAGNAROK launched in Southeast Asia on October 31, 2024, Ragnarok: Rebirth launched in Taiwan, Hong Kong and Macau on October 31, 2024, and Ragnarok X: Next Generation launched in Japan on November 20, 2024. Tentative consolidated revenue for the fourth quarter of 2024 represented a 1.3% increase in QoQ and a 10.7% decrease in YoY.

Unaudited preliminary consolidated revenue for 2024 is KRW 501 billion, and the operating profit is KRW 85 billion.

The preliminary 2024 figures are unaudited and subject to revision. Final result for the fourth quarter and year ended December 31, 2024 will be provided by our annual report for the fiscal year ended December 31, 2024 on Form 20-F.

Liquidity

The balance of cash and cash equivalents and short-term financial instruments was KRW 553,202 million as of December 31, 2024.

GRAVITY BUSINESS UPDATES

Two Ragnarok IP-based Games Received ISBN Codes in China

Ragnarok: Back to Glory (Ragnarok: Rebirth, Chinese title: 仙境传说：重生) and PROJECT ABYSS (Chinese title: 仙境传说：初心) have received ISBN codes from the Chinese government on December 24, 2024 and January 21, 2025, respectively.

Ragnarok Online IP-based Games
- THE RAGNAROK, an MMORPG Mobile and PC game
THE RAGNAROK was officially launched in Southeast Asia on October 31, 2024.
- Ragnarok in Wonderland, a Casual Healing Tycoon Mobile game
Ragnarok in Wonderland was officially launched in Korea on December 4, 2024.
- Ragnarok Classic, an MMORPG PC game
Ragnarok Classic was officially launched in Indonesia on December 5, 2024.
- Ragnarok Begins (Chinese Title: RO 仙境傳說：一定要可愛), an Action Side-Scrolling MMORPG Mobile and PC game
Ragnarok Begins (Chinese Title: RO 仙境傳說：一定要可愛) was officially launched in Taiwan, Hong Kong and Macau on February 13, 2025.
- Ragnarok M: Classic, an MMORPG Mobile game
Ragnarok M: Classic, a renewal version of Ragnarok M: Eternal Love, is officially launched in Southeast Asia on February 14, 2025, and is underway for its launch in Taiwan, Hong Kong and Macau in the first half of 2025.
- Ragnarok 3, an MMORPG Mobile and PC game
Ragnarok 3, the new sequel game of Ragnarok Online, is being prepared to be launched in Global within 2026.
- Ragnarok X: Next Generation, an MMORPG Mobile and PC game
Ragnarok X: Next Generation was officially launched in Japan on November 20, 2024 with preparations underway for its launch in North, Central, and South America and Europe in the first half of 2025.
- Ragnarok V: Returns, a 3D MMORPG Mobile and PC game
Ragnarok V: Returns will be officially launched in all nations of Southeast Asia in March 2025.
- Ragnarok M: Eternal Love 2, an MMORPG Mobile and PC Game
Ragnarok M: Eternal Love 2, the next generation new sequel game of Ragnarok M: Eternal Love, is on development.
- Ragnarok Crush, a Puzzle and Tower Defense Mobile game
Ragnarok Crush will be launching in Global except for China and Japan in the third quarter of 2025.
- Ragnarok: Back to Glory (Ragnarok: Rebirth), an MMORPG Mobile game
Ragnarok: Back to Glory (Ragnarok: Rebirth) will be re-launched in Southeast Asia and launched in Korea, in the second quarter of 2025.
- Ragnarok Idle Adventure Plus, an MMORPG Mobile game
Ragnarok Idle Adventure Plus is underway for its launch in Global except for Taiwan, Hong Kong, Macau, China, Korea and Japan in February 2025 and in Taiwan, Hong Kong and Macau in the first half of 2025.
- Ragnarok Promised Adventure (tentative English title), an MMORPG Mobile game
Ragnarok Promised Adventure (tentative English title) is scheduled to be launched within 2025.
- Ragnarok Online, an MMORPG PC game
Ragnarok Online is scheduled to be direct-serviced in Latin America in the second quarter of 2025.
- Ragnarok Landverse, an MMORPG Blockchain and PC game
Ragnarok Landverse Genesis, a global new server onboarding in RONIN platform, will be released in Global in March, 2025.
Ragnarok Landverse will be launched in Vietnam in the first half of 2025 and in Latin America in the second half of 2025. Ragnarok Landverse launching in Vietnam is a PC game without Blockchain.

Other IP-based games
- TOKYO PSYCHODEMIC, a 2D Cinematic Profiling Adventure PC and Console game
TOKYO PSYCHODEMIC was officially launched in Global on November 28, 2024.
- KAMiBAKO, a World Craft RPG PC and Console game
KAMiBAKO was officially launched in Global on January 30, 2025.
- Heroes Gambit, a Strategic Card Battle Mobile game
Heroes Gambit will be launched in Global in the first half of 2025.
- Scorp Hero, a Character Collecting RPG Mobile game
Scorp Hero is underway for its launch in Japan within 2025.
- Snow Brothers 2 Special, an Action and Platformer PC and Console game
Snow Brothers 2 Special will be launched in Global in April 2025.
- Gunbound an MMO Turn-Based Artillery PC game
Gunbound will be launched in Southeast Asia and Latin America in the first half of 2025.
- Dragonica New Origin, an MMORPG PC game
Dragonica New Origin will be launched in Southeast Asia in May 2025.

Expansion of Other IP business

Gravtiy Co., Ltd. has signed a publishing agreement of Nobunaga’s Ambition: The Road to the World (tentative English title), a simulation mobile game based on Nobunaga‘s IP, in Japan with Kingnet Technology (HK) Limited.

Investor Presentation

Gravity issued an investor presentation. The presentation contains the Company’s recent business updates, results of the fourth quarter in 2024 and Gravity’s business plan. The presentation can be found on the Company’s website under the IR Archives section at https://www.gravity.co.kr/en/ir/updates. Korean and Japanese versions of the presentation are also provided on the website.

About GRAVITY Co., Ltd. —————————————————
Gravity is a developer and publisher of online and mobile games. Gravity’s principal product, Ragnarok Online, is a popular online game in many regions, including Japan and Taiwan, and is currently commercially offered in 91 regions. For more information about Gravity, please visit http://www.gravity.co.kr.

Forward-Looking Statements:

Certain statements in this press release may include, in addition to historical information, “forward-looking statements” within the meaning of the “safe-harbor” provisions of the U.S. Private Securities Litigation Reform Act 1995. Forward-looking statements can generally be identified by the use of forward-looking terminology, such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe”, “project,” or “continue” or the negative thereof or other similar words, although not all forward-looking statements contain these words. Investors should consider the information contained in our submissions and filings with the United States Securities and Exchange Commission (the “SEC”), including our annual report for the fiscal year ended December 31, 2024 on Form 20-F, together with such other documents that we may submit to or file with the SEC from time to time, on Form 6-K. The forward-looking statements speak only as of this press release and we assume no duty to update them to reflect new, changing or unanticipated events or circumstances.

Contact:

Mr. Heung Gon Kim
Chief Financial Officer
Gravity Co., Ltd.
Email: kheung@gravity.co.kr

Ms. Jin Lee
Ms. Yujin Oh
IR Unit
Gravity Co., Ltd.
Email: ir@gravity.co.kr
Telephone: +82-2-2132-7800

The MIL Network –
February 15, 2025
MIL-OSI Russia: Another “gold” of the Spartakiad “Cheerfulness and Health”

Translartion. Region: Russians Fedetion –

Source: Novosibirsk State University – Novosibirsk State University –

The next type of the Spartakiad program “Cheerfulness and Health” among teachers and employees of higher educational institutions of the Novosibirsk region – billiards – brought NSU a very pleasant surprise! Our team won a brilliant victory! All games played excellently:

Evgeny Antushev, Deputy Director of USOC

Mikhail Lukyanov, director of the canteen

Evgeny Anisimov, Head of the UKB

Sergey Golushko, professor of the Faculty of Mechanics and Mathematics,

There were also chess competitions, in which the NSU team took a worthy fifth place.

Team composition:

Alexey Egitov, assistant of the Department of Differential Physics and Mathematics

Valery Braun, USOC worker

Evgeny Korolev, Head of the IFP farm

Victoria Vybornova, employee of the NSU History Museum

Congratulations to the NSU billiards team on this resounding victory! We thank the chess team for their good performance!

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 –

February 15, 2025
MIL-OSI Europe: Youth & Leaders Summit 2025: What Future for International Cooperation?

Source: Universities – Science Po in English

Students in front of the entrance at 1 St-Thomas (credits: Pierre Morel)

Virtual Undergraduate Open House day 2025

Come meet our teams and students at our campuses.

Sign-up

Virtual Graduate Open House day 2025

Meet faculty members, students and representatives and learn more about our 30 Master’s programmes.

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MIL OSI Europe News –

February 15, 2025

MIL-OSI Europe: Minutes – Thursday, 13 February 2025 – Strasbourg – Final edition

Source: European Parliament 2

PV-10-2025-02-13

iPlPv_Sit

Minutes

Thursday, 13 February 2025 – Strasbourg

Abbreviations and symbols

+	adopted
–	rejected
↓	lapsed
W	withdrawn
RCV	roll-call votes
EV	electronic vote
SEC	secret ballot
split	split vote
sep	separate vote
am	amendment
CA	compromise amendment
CP	corresponding part
D	deleting amendment
=	identical amendments
§	paragraph

IN THE CHAIR: Antonella SBERNA
Vice-President

1. Opening of the sitting

The sitting opened at 09:01.

2. Proposal for a Union act

The President of Parliament had declared admissible the following proposal for a Union act pursuant to Rule 47(2):

– Proposal for a Union act, tabled by Jorge Buxadé Villalba, Hermann Tertsch, Juan Carlos Girauta Vidal, Mireia Borrás Pabón, Margarita de la Pisa Carrión and Jorge Martín Frías, on the need to amend the Council Regulation on fixing the fishing opportunities for certain fish stocks and groups of fish stocks applicable in the Mediterranean and Black Seas for 2025 and to protect the trawling sector (B10-0094/2025)

committee responsible: PECH
committees for opinion: BUDG, EMPL, ENVI

3. EU-Mercosur trade agreement (debate)

Commission statement: EU-Mercosur trade agreement (2025/2558(RSP))

Maroš Šefčovič (Member of the Commission) made the statement.

IN THE CHAIR: Katarina BARLEY
Vice-President

The following spoke: Jörgen Warborn, on behalf of the PPE Group, Kathleen Van Brempt, on behalf of the S&D Group, Jean-Paul Garraud, on behalf of the PfE Group, Carlo Fidanza, on behalf of the ECR Group, Svenja Hahn, on behalf of the Renew Group, Saskia Bricmont, on behalf of the Verts/ALE Group, Manon Aubry, on behalf of The Left Group, Stanislav Stoyanov, on behalf of the ESN Group, Gabriel Mato, Bernd Lange, who also answered blue-card questions from Alexander Jungbluth and Saskia Bricmont, Raffaele Stancanelli, Rihards Kols, Marie-Pierre Vedrenne, Vicent Marzà Ibáñez, Luke Ming Flanagan, Arno Bausemer, who also answered a blue-card question from Ana Miranda Paz, Katarína Roth Neveďalová, Davor Ivo Stier, Eero Heinäluoma, Valérie Deloge, who also declined to take blue-card questions from Marie-Pierre Vedrenne and Manon Aubry, Patryk Jaki, who also answered a blue-card question from Jörgen Warborn, Karin Karlsbro, who also answered blue-card questions from Marie Toussaint and Alexander Bernhuber, Thomas Waitz, Lynn Boylan, Francisco José Millán Mon, who also answered a blue-card question from Gilles Pennelle, Brando Benifei, Tiago Moreira de Sá, Kris Van Dijck, Benoit Cassart, Catarina Vieira, Carola Rackete, Herbert Dorfmann, Francisco Assis, who also answered blue-card questions from João Oliveira and Luke Ming Flanagan, Mireia Borrás Pabón, who also answered a blue-card question from Dario Nardella, Veronika Vrecionová, Barry Cowen, Anja Hazekamp, who also answered a blue-card question from Jadwiga Wiśniewska, Lídia Pereira, who also answered blue-card questions from Isabella Tovaglieri and Jadwiga Wiśniewska, and Eric Sargiacomo.

IN THE CHAIR: Esteban GONZÁLEZ PONS
Vice-President

The following spoke: Gilles Pennelle, Nora Junco García, Elsi Katainen, Marta Wcisło, Javier Moreno Sánchez, Isabella Tovaglieri, Oihane Agirregoitia Martínez, Juan Ignacio Zoido Álvarez, Dario Nardella, Ton Diepeveen, Ana Vasconcelos, Salvatore De Meo, Leire Pajín, Barbara Bonte and Céline Imart.

The following spoke under the catch-the-eye procedure: Nina Carberry, Vytenis Povilas Andriukaitis, Diego Solier, Majdouline Sbai, João Oliveira, Grzegorz Braun, Hélder Sousa Silva, Cristina Maestre, Ana Miranda Paz, Lefteris Nikolaou-Alavanos, Maria Walsh, Daniel Buda, Jean-Marc Germain, Maria Zacharia, Jessika Van Leeuwen, Marko Vešligaj and Seán Kelly.

The following spoke: Maroš Šefčovič.

The debate closed.

4. Threats to EU sovereignty through strategic dependencies in communication infrastructure (debate)

Commission statement: Threats to EU sovereignty through strategic dependencies in communication infrastructure (2025/2533(RSP))

The President provided details on the organisation of the debate.

Glenn Micallef (Member of the Commission) made the statement.

The following spoke: Jörgen Warborn, on behalf of the PPE Group, Matthias Ecke, on behalf of the S&D Group, Csaba Dömötör, on behalf of the PfE Group, Piotr Müller, on behalf of the ECR Group, Michał Kobosko, on behalf of the Renew Group, Sergey Lagodinsky, on behalf of the Verts/ALE Group, Pernando Barrena Arza, on behalf of The Left Group, Sarah Knafo, on behalf of the ESN Group, Lena Düpont, Alex Agius Saliba, Ernő Schaller-Baross, Ondřej Krutílek, Bart Groothuis, David Cormand, Nikolas Farantouris, Hans Neuhoff, Mika Aaltola, Bruno Gonçalves, Aleksandar Nikolic, Elena Donazzan, Cristina Guarda, Seán Kelly, Giorgio Gori, Ivaylo Valchev, Tomáš Zdechovský, Lina Gálvez, Diego Solier, Paulius Saudargas, Tsvetelina Penkova, Eszter Lakos, José Cepeda, Angelika Winzig, Brando Benifei and Victor Negrescu.

The following spoke: Glenn Micallef.

The debate closed.

(The sitting was suspended for a few moments.)

IN THE CHAIR: Victor NEGRESCU
Vice-President

5. Resumption of the sitting

The sitting resumed at 12:30.

⁂

The following spoke: Jean-Paul Garraud, Manon Aubry and Thijs Reuten.

6. Voting time

For detailed results of the votes, see also ‘Results of votes’ and ‘Results of roll-call votes’.

6.1. Recent dismissals and arrests of mayors in Türkiye (vote)

Motions for resolutions RC-B10-0100/2025 (minutes of 13.2.2025, item I), B10-0100/2025, B10-0103/2025, B10-0110/2025, B10-0115/2025, B10-0119/2025, B10-0121/2025 and B10-0124/2025 (minutes of 12.2.2025, item I) (2025/2546(RSP))

(Majority of the votes cast)

JOINT MOTION FOR A RESOLUTION

Adopted (P10_TA(2025)0016)

(Motion for a resolution B10-0115/2025 fell.)

The following had spoken:

Geadis Geadi, to move an oral amendment to add a new recital after recital E. Parliament had declined to put the amendment to the vote, as it had been opposed by more than 39 Members.

Detailed voting results

6.2. Repression by the Ortega-Murillo regime in Nicaragua, targeting human rights defenders, political opponents and religious communities in particular (vote)

Motions for resolutions RC-B10-0126/2025 (minutes of 13.2.2025, item I), B10-0126/2025, B10-0128/2025, B10-0130/2025, B10-0131/2025, B10-0132/2025, B10-0134/2025 and B10-0135/2025 (minutes of 12.2.2025, item I) (2025/2547(RSP))

(Majority of the votes cast)

JOINT MOTION FOR A RESOLUTION

Adopted (P10_TA(2025)0017)

(Motions for resolutions B10-0130/2025 and B10-0132/2025 fell.)

Detailed voting results

6.3. Continuing detention and risk of the death penalty for individuals in Nigeria charged with blasphemy, notably the case of Yahaya Sharif-Aminu (vote)

Motions for resolutions RC-B10-0101/2025 (minutes of 13.2.2025, item I), B10-0101/2025, B10-0104/2025, B10-0111/2025, B10-0113/2025, B10-0117/2025, B10-0120/2025, B10-0122/2025 and B10-0123/2025 (minutes of 12.2.2025, item I) (2024/2548(RSP))

(Majority of the votes cast)

JOINT MOTION FOR A RESOLUTION

Adopted (P10_TA(2025)0018)

(Motions for resolutions B10-0111/2025 and B10-0113/2025 fell.)

Detailed voting results

7. Resumption of the sitting

The sitting resumed at 15:01.

IN THE CHAIR: Christel SCHALDEMOSE
Vice-President

8. Approval of the minutes of the previous sitting

The minutes of the previous sitting were approved.

9. Cross-border recognition of civil status documents of same-sex couples and their children within the territory of the EU (debate)

Commission statement: Cross-border recognition of civil status documents of same-sex couples and their children within the territory of the EU (2025/2557(RSP))

Glenn Micallef (Member of the Commission) made the statement.

The following spoke: Seán Kelly, on behalf of the PPE Group, Krzysztof Śmiszek, on behalf of the S&D Group, Paolo Inselvini, on behalf of the ECR Group, Fabienne Keller, on behalf of the Renew Group, Kim Van Sparrentak, on behalf of the Verts/ALE Group, Siegbert Frank Droese, on behalf of the ESN Group, Evin Incir, Lucia Yar, Rasmus Andresen, Robert Biedroń, who also answered a blue-card question from Bogdan Rzońca, and Vytenis Povilas Andriukaitis.

The following spoke under the catch-the-eye procedure: Margarita de la Pisa Carrión.

The following spoke: Glenn Micallef.

The debate closed.

10. Explanations of vote

Written explanations of vote

Explanations of vote submitted in writing under Rule 201 appear on the Members’ pages on Parliament’s website.

Oral explanations of vote

10.1. Further deterioration of the political situation in Georgia (RC-B10-0106/2025)

The following spoke: Seán Kelly and Ondřej Dostál.

10.2. Escalation of violence in the eastern Democratic Republic of the Congo (RC-B10-0102/2025)

The following spoke: Seán Kelly.

11. Approval of the minutes of the sitting and forwarding of texts adopted

In accordance with Rule 208(3), the minutes of the sitting would be put to the House for approval at the start of the next sitting.

With Parliament’s agreement, the texts adopted during the part-session would be forwarded to their respective addressees without delay.

12. Dates of forthcoming sittings

The next sittings would be held from 10 March 2025 to 13 March 2025.

13. Closure of the sitting

The sitting closed at 15:40.

14. Adjournment of the session

The session of the European Parliament was adjourned.

Alessandro Chiocchetti	Roberta Metsola
Secretary-General	President

LIST OF DOCUMENTS SERVING AS A BASIS FOR THE DEBATES AND DECISIONS OF PARLIAMENT

I. Motions for resolutions tabled

Recent dismissals and arrests of mayors in Türkiye

Joint motion for a resolution tabled under Rule 150(5) and Rule 136(4):

on the recent dismissals and arrests of mayors in Türkiye (2025/2546(RSP)) (RC-B10-0100/2025)
(replacing motions for resolutions B10-0100/2025, B10-0103/2025, B10-0110/2025, B10-0119/2025, B10-0121/2025 and B10-0124/2025)
Sebastião Bugalho, Michalis Hadjipantela, Vangelis Meimarakis, Željana Zovko, Wouter Beke, Antonio López-Istúriz White, Isabel Wiseler-Lima, Ingeborg Ter Laak, Tomáš Zdechovský, Mirosława Nykiel, Jessica Polfjärd, Luděk Niedermayer, Jan Farský, Inese Vaidere
on behalf of the PPE Group
Yannis Maniatis, Francisco Assis, Nacho Sánchez Amor, Evin Incir, Nikos Papandreou, Pina Picierno
on behalf of the S&D Group
Sebastian Tynkkynen, Ondřej Krutílek, Veronika Vrecionová, Waldemar Tomaszewski, Alexandr Vondra, Assita Kanko, Carlo Fidanza, Emmanouil Fragkos, Galato Alexandraki, Alberico Gambino
on behalf of the ECR Group
Malik Azmani, Oihane Agirregoitia Martínez, Petras Auštrevičius, Dan Barna, Benoit Cassart, Olivier Chastel, Veronika Cifrová Ostrihoňová, Karin Karlsbro, Ľubica Karvašová, Jan-Christoph Oetjen, Marie-Agnes Strack-Zimmermann, Hilde Vautmans, Lucia Yar
on behalf of the Renew Group
Vladimir Prebilič
on behalf of the Verts/ALE Group
Isabel Serra Sánchez, Özlem Demirel
on behalf of The Left Group

Repression by the Ortega-Murillo regime in Nicaragua, targeting human rights defenders, political opponents and religious communities in particular

Joint motion for a resolution tabled under Rule 150(5) and Rule 136(4):

on repression by the Ortega-Murillo regime in Nicaragua, targeting human rights defenders, political opponents and religious communities in particular (2025/2547(RSP)) (RC-B10-0126/2025)
(replacing motions for resolutions B10-0126/2025, B10-0128/2025, B10-0131/2025, B10-0134/2025 and B10-0135/2025)
Sebastião Bugalho, Željana Zovko, Antonio López-Istúriz White, Gabriel Mato, David McAllister, Vangelis Meimarakis, Wouter Beke, Isabel Wiseler-Lima, Ingeborg Ter Laak, Tomáš Zdechovský, Mirosława Nykiel, Jessica Polfjärd, Luděk Niedermayer, Jan Farský, Andrey Kovatchev, Inese Vaidere
on behalf of the PPE Group
Yannis Maniatis, Francisco Assis, Leire Pajín
on behalf of the S&D Group
Adam Bielan, Arkadiusz Mularczyk, Joachim Stanisław Brudziński, Carlo Fidanza, Alberico Gambino, Małgorzata Gosiewska, Assita Kanko, Mariusz Kamiński, Marlena Maląg, Bogdan Rzońca, Waldemar Tomaszewski, Sebastian Tynkkynen, Ivaylo Valchev, Jadwiga Wiśniewska
on behalf of the ECR Group
Bernard Guetta, Oihane Agirregoitia Martínez, Petras Auštrevičius, Malik Azmani, Dan Barna, Benoit Cassart, Olivier Chastel, Engin Eroglu, Karin Karlsbro, Ľubica Karvašová, Ilhan Kyuchyuk, Urmas Paet, Marie-Agnes Strack-Zimmermann, Hilde Vautmans, Lucia Yar
on behalf of the Renew Group
Catarina Vieira
on behalf of the Verts/ALE Group

Continuing detention and risk of the death penalty for individuals in Nigeria charged with blasphemy, notably the case of Yahaya Sharif-Aminu

Joint motion for a resolution tabled under Rule 150(5) and Rule 136(4):

on the continuing detention and risk of the death penalty for individuals in Nigeria charged with blasphemy, notably the case of Yahaya Sharif-Aminu (2025/2548(RSP)) (RC-B10-0101/2025)
(replacing motions for resolutions B10-0101/2025, B10-0104/2025, B10-0117/2025, B10-0120/2025, B10-0122/2025 and B10-0123/2025)
Sebastião Bugalho, Miriam Lexmann, Željana Zovko, Vangelis Meimarakis, Wouter Beke, Isabel Wiseler-Lima, Ingeborg Ter Laak, Tomáš Zdechovský, Mirosława Nykiel, Jessica Polfjärd, Luděk Niedermayer, Jan Farský, Andrey Kovatchev, Inese Vaidere
on behalf of the PPE Group
Yannis Maniatis, Francisco Assis, Hannes Heide
on behalf of the S&D Group
Adam Bielan, Arkadiusz Mularczyk, Joachim Stanisław Brudziński, Carlo Fidanza, Bert-Jan Ruissen, Michał Dworczyk, Emmanouil Fragkos, Alberico Gambino, Małgorzata Gosiewska, Mariusz Kamiński, Marlena Maląg, Bogdan Rzońca, Waldemar Tomaszewski, Sebastian Tynkkynen, Aurelijus Veryga
on behalf of the ECR Group
Jan-Christoph Oetjen, Oihane Agirregoitia Martínez, Petras Auštrevičius, Malik Azmani, Dan Barna, Benoit Cassart, Olivier Chastel, Engin Eroglu, Karin Karlsbro, Ilhan Kyuchyuk, Nathalie Loiseau, Urmas Paet, Marie-Agnes Strack-Zimmermann, Hilde Vautmans, Lucia Yar
on behalf of the Renew Group
Catarina Vieira
on behalf of the Verts/ALE Group
Merja Kyllönen
on behalf of The Left Group

Further deterioration of the political situation in Georgia

Motions for resolutions tabled under Rule 136(2) to wind up the debate:

on the further deterioration of the political situation in Georgia (2025/2522(RSP)) (B10-0106/2025)
Reinier Van Lanschot, Mārtiņš Staķis, Maria Ohisalo, Sergey Lagodinsky, Markéta Gregorová, Ville Niinistö, Erik Marquardt, Nicolae Ştefănuță, Villy Søvndal
on behalf of the Verts/ALE Group

on the further deterioration of the political situation in Georgia (2025/2522(RSP)) (B10-0107/2025)
Danilo Della Valle
on behalf of The Left Group

on the further deterioration of the political situation in Georgia (2025/2522(RSP)) (B10-0108/2025)
Rasa Juknevičienė, Michael Gahler, Andrzej Halicki, Sebastião Bugalho, David McAllister, Željana Zovko, Isabel Wiseler-Lima, Antonio López-Istúriz White, Wouter Beke, Krzysztof Brejza, Daniel Caspary, Andrey Kovatchev, Miriam Lexmann, Reinhold Lopatka, Ana Miguel Pedro, Davor Ivo Stier, Michał Szczerba, Alice Teodorescu Måwe, Inese Vaidere, Michał Wawrykiewicz
on behalf of the PPE Group

on the further deterioration of the political situation in Georgia (2025/2522(RSP)) (B10-0112/2025)
Yannis Maniatis, Nacho Sánchez Amor, Tobias Cremer
on behalf of the S&D Group

on the further deterioration of the political situation in Georgia (2025/2522(RSP)) (B10-0114/2025)
Hans Neuhoff, Alexander Sell, Petr Bystron, Tomasz Froelich, Petar Volgin, Stanislav Stoyanov
on behalf of the ESN Group

on the further deterioration of the political situation in Georgia (2025/2522(RSP)) (B10-0116/2025)
Urmas Paet, Petras Auštrevičius, Malik Azmani, Dan Barna, Helmut Brandstätter, Benoit Cassart, Olivier Chastel, Engin Eroglu, Karin Karlsbro, Michał Kobosko, Ilhan Kyuchyuk, Nathalie Loiseau, Jan-Christoph Oetjen, Marie-Agnes Strack-Zimmermann, Hilde Vautmans, Sophie Wilmès, Dainius Žalimas
on behalf of the Renew Group

on the further deterioration of the political situation in Georgia (2025/2522(RSP)) (B10-0118/2025)
Adam Bielan, Mariusz Kamiński, Rihards Kols, Małgorzata Gosiewska, Jadwiga Wiśniewska, Veronika Vrecionová, Ondřej Krutílek, Assita Kanko, Sebastian Tynkkynen, Joachim Stanisław Brudziński, Roberts Zīle, Michał Dworczyk, Alexandr Vondra
on behalf of the ECR Group

Joint motion for a resolution tabled under Rule 136(2) and (4):

on the further deterioration of the political situation in Georgia (2025/2522(RSP)) (RC-B10-0106/2025)
(replacing motions for resolutions B10-0106/2025, B10-0108/2025, B10-0112/2025, B10-0116/2025 and B10-0118/2025)
Rasa Juknevičienė, Michael Gahler, Andrzej Halicki, Sebastião Bugalho, David McAllister, Željana Zovko, Isabel Wiseler-Lima, Antonio López-Istúriz White, Wouter Beke, Krzysztof Brejza, Daniel Caspary, Andrey Kovatchev, Miriam Lexmann, Reinhold Lopatka, Ana Miguel Pedro, Davor Ivo Stier, Michał Szczerba, Alice Teodorescu Måwe, Inese Vaidere, Michał Wawrykiewicz
on behalf of the PPE Group
Yannis Maniatis, Nacho Sánchez Amor, Tobias Cremer
on behalf of the S&D Group
Adam Bielan, Rihards Kols, Małgorzata Gosiewska, Mariusz Kamiński, Sebastian Tynkkynen, Veronika Vrecionová, Ondřej Krutílek, Michał Dworczyk, Roberts Zīle, Marlena Maląg, Ivaylo Valchev, Alexandr Vondra, Jadwiga Wiśniewska, Assita Kanko
on behalf of the ECR Group
Urmas Paet, Petras Auštrevičius, Malik Azmani, Dan Barna, Helmut Brandstätter, Benoit Cassart, Olivier Chastel, Engin Eroglu, Bernard Guetta, Karin Karlsbro, Michał Kobosko, Ilhan Kyuchyuk, Nathalie Loiseau, Jan-Christoph Oetjen, Marie-Agnes Strack-Zimmermann, Eugen Tomac, Hilde Vautmans, Sophie Wilmès, Dainius Žalimas
on behalf of the Renew Group
Reinier Van Lanschot
on behalf of the Verts/ALE Group

Escalation of violence in the eastern Democratic Republic of the Congo

Motions for resolutions tabled under Rule 136(2) to wind up the debate:

on the escalation of violence in the eastern Democratic Republic of the Congo (2025/2553(RSP)) (B10-0102/2025)
Marc Botenga, Rudi Kennes
on behalf of The Left Group

on the escalation of violence in the eastern Democratic Republic of the Congo (2025/2553(RSP)) (B10-0105/2025)
Thierry Mariani, Jordan Bardella, Pierre-Romain Thionnet, Matthieu Valet, Nikola Bartůšek
on behalf of the PfE Group

on the escalation of violence in eastern Democratic Republic of the Congo (2025/2553(RSP)) (B10-0109/2025)
Yannis Maniatis, Marit Maij
on behalf of the S&D Group

on the escalation of violence in the eastern Democratic Republic of the Congo (2025/2553(RSP)) (B10-0125/2025)
Hilde Vautmans, Abir Al-Sahlani, Barry Andrews, Petras Auštrevičius, Malik Azmani, Dan Barna, Benoit Cassart, Olivier Chastel, Engin Eroglu, Karin Karlsbro, Ľubica Karvašová, Ilhan Kyuchyuk, Jan-Christoph Oetjen, Urmas Paet, Marie-Agnes Strack-Zimmermann, Yvan Verougstraete, Sophie Wilmès, Lucia Yar
on behalf of the Renew Group

on the escalation of violence in the eastern Democratic Republic of the Congo (2025/2553(RSP)) (B10-0127/2025)
Ingeborg Ter Laak, Michael Gahler, Lukas Mandl, Sebastião Bugalho, Wouter Beke
on behalf of the PPE Group

on the escalation of violence in the eastern Democratic Republic of the Congo (2025/2553(RSP)) (B10-0129/2025)
Sara Matthieu, Marie Toussaint, Mounir Satouri, Nicolae Ştefănuță, Saskia Bricmont, Majdouline Sbai, David Cormand, Ville Niinistö, Catarina Vieira, Erik Marquardt, Ignazio Roberto Marino
on behalf of the Verts/ALE Group

on the escalation of violence in the eastern Democratic Republic of the Congo (2025/2553(RSP)) (B10-0133/2025)
Adam Bielan, Carlo Fidanza, Jadwiga Wiśniewska, Cristian Terheş, Joachim Stanisław Brudziński, Bogdan Rzońca, Waldemar Tomaszewski, Arkadiusz Mularczyk, Małgorzata Gosiewska
on behalf of the ECR Group

Joint motion for a resolution tabled under Rule 136(2) and (4):

on the escalation of violence in the eastern Democratic Republic of the Congo (2025/2553(RSP)) (RC-B10-0102/2025)
(replacing motions for resolutions B10-0102/2025, B10-0109/2025, B10-0125/2025, B10-0127/2025, B10-0129/2025 and B10-0133/2025)
Ingeborg Ter Laak, Michael Gahler, Lukas Mandl, Sebastião Bugalho, Wouter Beke
on behalf of the PPE Group
Yannis Maniatis, Marit Maij
on behalf of the S&D Group
Waldemar Tomaszewski, Joachim Stanisław Brudziński, Cristian Terheş
on behalf of the ECR Group
Hilde Vautmans, Abir Al-Sahlani, Petras Auštrevičius, Malik Azmani, Dan Barna, Benoit Cassart, Olivier Chastel, Engin Eroglu, Raquel García Hermida-Van Der Walle, Ľubica Karvašová, Ilhan Kyuchyuk, Jan-Christoph Oetjen, Urmas Paet, Marie-Agnes Strack-Zimmermann, Yvan Verougstraete
on behalf of the Renew Group
Sara Matthieu
on behalf of the Verts/ALE Group
Marc Botenga, Rudi Kennes, Manon Aubry, Rima Hassan, Damien Carême
on behalf of The Left Group

II. Petitions

Petitions Nos 0001-25 to 0129-25 had been entered in the register on 10 February 2025 and had been forwarded to the committee responsible, in accordance with Rule 232(9) and (10).

The President had, on 10 February 2025, forwarded to the committee responsible, in accordance with Rule 232(15), petitions addressed to the European Parliament by natural or legal persons who were not citizens of the European Union and who did not reside, or have their registered office, in a Member State.

III. Decisions to draw up own-initiative reports

Decisions to draw up own-initiative reports (Rule 55)

(Following the Conference of Presidents’ decision of 23 January 2025)

AFCO Committee

– Application of the Treaty provisions related to the principles of subsidiarity and proportionality and the role of national parliaments in the EU legislative process (2025/2042(INI))
(opinion: JURI)

– Institutional consequences of the EU enlargement negotiations (2025/2041(INI))

CONT Committee

– Choice of performance indicators for audit and budgetary control in the context of financing measures to support the implementation of future European competitiveness (2025/2034(INI))

– 2024 budget – assessing the implementation of the gender mainstreaming methodology in the EU budget (2025/2033(INI))

– Control, transparency and traceability of performance-based instruments (2025/2032(INI))

CULT Committee

– A new vision for the European Universities alliances (2025/2036(INI))

– Role of EU policies in shaping the European Sport Model (2025/2035(INI))

EMPL, FEMM committees

– Advancing towards a care society: addressing the gender care gap (2025/2039(INI))

– Gender pay and pension gap in the EU: state of play, challenges and the way forward, and developing guidelines for the better evaluation and fairer remuneration of work in female-dominated sectors (2025/2038(INI))

IMCO Committee

– Product safety and regulatory compliance in e-commerce and non-EU imports (2025/2037(INI))
(opinion: INTA)

LIBE, FEMM committees

– Importance of consent-based rape legislation in the EU (2025/2040(INI))

IV. Consent procedure

Reports with a motion for a non-legislative resolution (consent procedure) (Rule 107(2))

(Following notification from the Conference of Committee Chairs on 23 January 2025)

PECH Committee

– Implementing Protocol (2025-2030) to the Sustainable Fisheries Partnership Agreement between the European Union and the Government of Greenland and the Government of Denmark (2024/0263M(NLE) – 2024/0263(NLE))

V. Documents received

The following documents had been received:

1) from other institutions

– Partial renewal of Members of the Court of Auditors – RO nominee (05958/2025 – C10-0010/2025 – 2025/0801(NLE))
referred to committee responsible: CONT

2) from Members

– Catherine Griset, Virginie Joron and Thierry Mariani. Motion for a resolution on the training of European artificial intelligence (B10-0051/2025)
referred to committee responsible: LIBE
opinion: IMCO, JURI

– Christophe Bay, Marie Dauchy, Valérie Deloge, Elisabeth Dieringer, Mélanie Disdier, Anne-Sophie Frigout, Branko Grims, Fabrice Leggeri, Julien Leonardelli, Tiago Moreira de Sá, Aleksandar Nikolic, Gilles Pennelle, Julie Rechagneux, Malika Sorel, Rody Tolassy, Laurence Trochu and Séverine Werbrouck. Motion for a resolution on the application of Directive 2003/88/EC (WTD) to the role of voluntary firefighters (B10-0052/2025)
referred to committee responsible: EMPL

– Tomasz Froelich and Ewa Zajączkowska-Hernik. Motion for a resolution on the child sexual exploitation scandal in the United Kingdom (B10-0062/2025)
referred to committee responsible: LIBE

ATTENDANCE REGISTER

Present:

Aaltola Mika, Abadía Jover Maravillas, Adamowicz Magdalena, Aftias Georgios, Agirregoitia Martínez Oihane, Agius Peter, Agius Saliba Alex, Allione Grégory, Al-Sahlani Abir, Anadiotis Nikolaos, Anderson Christine, Andersson Li, Andresen Rasmus, Andrews Barry, Andriukaitis Vytenis Povilas, Angel Marc, Annemans Gerolf, Annunziata Lucia, Antoci Giuseppe, Arias Echeverría Pablo, Arimont Pascal, Arłukowicz Bartosz, Arnaoutoglou Sakis, Arndt Anja, Arvanitis Konstantinos, Asens Llodrà Jaume, Assis Francisco, Attard Daniel, Aubry Manon, Auštrevičius Petras, Azmani Malik, Bajada Thomas, Baljeu Jeannette, Ballarín Cereza Laura, Barley Katarina, Barrena Arza Pernando, Bartulica Stephen Nikola, Bartůšek Nikola, Bausemer Arno, Bay Nicolas, Bay Christophe, Beke Wouter, Benifei Brando, Bentele Hildegard, Berendsen Tom, Berger Stefan, Berg Sibylle, Berlato Sergio, Bernhuber Alexander, Biedroń Robert, Bielan Adam, Bischoff Gabriele, Blaha Ľuboš, Blinkevičiūtė Vilija, Blom Rachel, Bloss Michael, Bocheński Tobiasz, Boeselager Damian, Bogdan Ioan-Rareş, Bonaccini Stefano, Bonte Barbara, Borchia Paolo, Borrás Pabón Mireia, Borvendég Zsuzsanna, Borzan Biljana, Bosanac Gordan, Bosse Stine, Botenga Marc, Boyer Gilles, Boylan Lynn, Brasier-Clain Marie-Luce, Braun Grzegorz, Bricmont Saskia, Brnjac Nikolina, Brudziński Joachim Stanisław, Buchheit Markus, Buczek Tomasz, Buda Daniel, Buda Waldemar, Budka Borys, Bugalho Sebastião, Buła Andrzej, Bullmann Udo, Burkhardt Delara, Bystron Petr, Bžoch Jaroslav, Camara Mélissa, Canfin Pascal, Carberry Nina, Carême Damien, Casa David, Caspary Daniel, Cassart Benoit, Castillo Laurent, del Castillo Vera Pilar, Cavazzini Anna, Cavedagna Stefano, Ceccardi Susanna, Cepeda José, Ceulemans Estelle, Chahim Mohammed, Chaibi Leila, Chastel Olivier, Chinnici Caterina, Cifrová Ostrihoňová Veronika, Ciriani Alessandro, Clausen Per, Cormand David, Corrado Annalisa, Costanzo Vivien, Cotrim De Figueiredo João, Cowen Barry, Cremer Tobias, Crespo Díaz Carmen, Cristea Andi, Crosetto Giovanni, Cunha Paulo, Dahl Henrik, Danielsson Johan, Dauchy Marie, Dávid Dóra, David Ivan, Decaro Antonio, de la Hoz Quintano Raúl, Della Valle Danilo, Deloge Valérie, De Masi Fabio, De Meo Salvatore, Dibrani Adnan, Diepeveen Ton, Dieringer Elisabeth, Dîncu Vasile, Disdier Mélanie, Dobrev Klára, Doherty Regina, Doleschal Christian, Dömötör Csaba, Do Nascimento Cabral Paulo, Donazzan Elena, Dorfmann Herbert, Dostalova Klara, Dostál Ondřej, Droese Siegbert Frank, Düpont Lena, Dworczyk Michał, Ecke Matthias, Ehler Christian, Ehlers Marieke, Eriksson Sofie, Erixon Dick, Eroglu Engin, Ezcurra Almansa Alma, Falcă Gheorghe, Farantouris Nikolas, Farreng Laurence, Farský Jan, Ferber Markus, Ferenc Viktória, Fernández Jonás, Fidanza Carlo, Firmenich Ruth, Flanagan Luke Ming, Fourlas Loucas, Fourreau Emma, Freund Daniel, Frigout Anne-Sophie, Friis Sigrid, Fritzon Heléne, Froelich Tomasz, Funchion Kathleen, Furet Angéline, Furore Mario, Gahler Michael, Gál Kinga, Gálvez Lina, Gambino Alberico, García Hermida-Van Der Walle Raquel, Garraud Jean-Paul, Gasiuk-Pihowicz Kamila, Geadi Geadis, Gedin Hanna, Geier Jens, Geisel Thomas, Gemma Chiara, Georgiou Giorgos, Gerbrandy Gerben-Jan, Germain Jean-Marc, Gerzsenyi Gabriella, Geuking Niels, Gieseke Jens, Giménez Larraz Borja, Girauta Vidal Juan Carlos, Glavak Sunčana, Goerens Charles, Gomart Christophe, Gomes Isilda, Gómez López Sandra, Gonçalves Bruno, Gonçalves Sérgio, González Casares Nicolás, González Pons Esteban, Gori Giorgio, Gosiewska Małgorzata, Gotink Dirk, Gozi Sandro, Gražulis Petras, Gregorová Markéta, Grims Branko, Griset Catherine, Gronkiewicz-Waltz Hanna, Groothuis Bart, Grossmann Elisabeth, Guarda Cristina, Guetta Bernard, Guzenina Maria, Győri Enikő, Gyürk András, Hadjipantela Michalis, Hahn Svenja, Haider Roman, Halicki Andrzej, Hansen Niels Flemming, Hassan Rima, Hauser Gerald, Hava Mircea-Gheorghe, Hazekamp Anja, Heide Hannes, Heinäluoma Eero, Henriksson Anna-Maja, Herbst Niclas, Hohlmeier Monika, Hojsík Martin, Holmgren Pär, Hölvényi György, Homs Ginel Alicia, Humberto Sérgio, Ijabs Ivars, Imart Céline, Incir Evin, Inselvini Paolo, Jaki Patryk, Jalloul Muro Hana, Jamet France, Jarubas Adam, Jerković Romana, Joron Virginie, Jouvet Pierre, Joveva Irena, Juknevičienė Rasa, Junco García Nora, Jungbluth Alexander, Kalfon François, Kaliňák Erik, Kaljurand Marina, Kalniete Sandra, Kanev Radan, Kanko Assita, Karlsbro Karin, Kartheiser Fernand, Karvašová Ľubica, Katainen Elsi, Kefalogiannis Emmanouil, Kelleher Billy, Keller Fabienne, Kelly Seán, Kemp Martine, Knafo Sarah, Knotek Ondřej, Kobosko Michał, Köhler Stefan, Kohut Łukasz, Kokalari Arba, Kolář Ondřej, Kollár Kinga, Kols Rihards, Kopacz Ewa, Körner Moritz, Kountoura Elena, Kovatchev Andrey, Krištopans Vilis, Kruis Sebastian, Krutílek Ondřej, Kuhnke Alice, Kulja András Tivadar, Kulmuni Katri, Kyllönen Merja, Kyuchyuk Ilhan, Lagodinsky Sergey, Lakos Eszter, Lalucq Aurore, Lange Bernd, Langensiepen Katrin, Laššáková Judita, László András, Latinopoulou Afroditi, Laurent Murielle, Laureti Camilla, Laykova Rada, Lazarov Ilia, Le Callennec Isabelle, Leggeri Fabrice, Lenaers Jeroen, Lewandowski Janusz, Lexmann Miriam, Liese Peter, Lins Norbert, Løkkegaard Morten, Lopatka Reinhold, López Javi, López Aguilar Juan Fernando, López-Istúriz White Antonio, Lövin Isabella, Luena César, Lupo Giuseppe, McAllister David, Maestre Cristina, Magoni Lara, Magyar Péter, Maij Marit, Maląg Marlena, Manda Claudiu, Mandl Lukas, Maniatis Yannis, Mantovani Mario, Maran Pierfrancesco, Marczułajtis-Walczak Jagna, Maréchal Marion, Mariani Thierry, Marino Ignazio Roberto, Marquardt Erik, Martín Frías Jorge, Martins Catarina, Martusciello Fulvio, Marzà Ibáñez Vicent, Mato Gabriel, Matthieu Sara, Mavrides Costas, Mazurek Milan, Mažylis Liudas, McNamara Michael, Mebarek Nora, Mehnert Alexandra, Meimarakis Vangelis, Mendes Ana Catarina, Mendia Idoia, Mertens Verena, Mesure Marina, Metsola Roberta, Metz Tilly, Mikser Sven, Millán Mon Francisco José, Minchev Nikola, Miranda Paz Ana, Montserrat Dolors, Morace Carolina, Moreira de Sá Tiago, Moreno Sánchez Javier, Moretti Alessandra, Motreanu Dan-Ştefan, Mularczyk Arkadiusz, Müller Piotr, Mureşan Siegfried, Nagyová Jana, Nardella Dario, Navarrete Rojas Fernando, Negrescu Victor, Nesci Denis, Neuhoff Hans, Neumann Hannah, Nevado del Campo Elena, Niebler Angelika, Niedermayer Luděk, Niinistö Ville, Nikolaou-Alavanos Lefteris, Nikolic Aleksandar, Ní Mhurchú Cynthia, Noichl Maria, Nordqvist Rasmus, Nykiel Mirosława, Obajtek Daniel, Ódor Ľudovít, Oetjen Jan-Christoph, Ohisalo Maria, Oliveira João, Olivier Philippe, Ó Ríordáin Aodhán, Ozdoba Jacek, Paet Urmas, Pajín Leire, Palmisano Valentina, Panayiotou Fidias, Papadakis Kostas, Papandreou Nikos, Pappas Nikos, Pascual de la Parte Nicolás, Paulus Jutta, Pedro Ana Miguel, Pedulla’ Gaetano, Pellerin-Carlin Thomas, Peltier Guillaume, Penkova Tsvetelina, Pennelle Gilles, Pereira Lídia, Pérez Alvise, Peter-Hansen Kira Marie, Petrov Hristo, Picaro Michele, Picula Tonino, Piera Pascale, Pimpie Pierre, de la Pisa Carrión Margarita, Pokorná Jermanová Jaroslava, Polato Daniele, Polfjärd Jessica, Popescu Virgil-Daniel, Pozņaks Reinis, Prebilič Vladimir, Princi Giusi, Pürner Friedrich, Rackete Carola, Radev Emil, Radtke Dennis, Rafowicz Emma, Ratas Jüri, Razza Ruggero, Rechagneux Julie, Repasi René, Repp Sabrina, Ressler Karlo, Riba i Giner Diana, Ricci Matteo, Ridel Chloé, Riehl Nela, Ripa Manuela, Ros Sempere Marcos, Roth Neveďalová Katarína, Rougé André, Ruissen Bert-Jan, Ruotolo Sandro, Rzońca Bogdan, Saeidi Arash, Salini Massimiliano, Salis Ilaria, Salla Aura, Sánchez Amor Nacho, Sanchez Julien, Sancho Murillo Elena, Saramo Jussi, Sargiacomo Eric, Satouri Mounir, Saudargas Paulius, Sbai Majdouline, Sberna Antonella, Schaldemose Christel, Schaller-Baross Ernő, Schenk Oliver, Scheuring-Wielgus Joanna, Schieder Andreas, Schilling Lena, Schwab Andreas, Scuderi Benedetta, Seekatz Ralf, Sell Alexander, Serrano Sierra Rosa, Serra Sánchez Isabel, Sidl Günther, Sieper Lukas, Simon Sven, Singer Christine, Sinkevičius Virginijus, Sippel Birgit, Sjöstedt Jonas, Śmiszek Krzysztof, Smith Anthony, Smit Sander, Sokol Tomislav, Solier Diego, Solís Pérez Susana, Sonneborn Martin, Sorel Malika, Sousa Silva Hélder, Søvndal Villy, Staķis Mārtiņš, Stancanelli Raffaele, Ştefănuță Nicolae, Steger Petra, Stier Davor Ivo, Stöteler Sebastiaan, Stoyanov Stanislav, Strack-Zimmermann Marie-Agnes, Strada Cecilia, Streit Joachim, Strik Tineke, Strolenberg Anna, Stürgkh Anna, Sypniewski Marcin, Szczerba Michał, Szekeres Pál, Szydło Beata, Tamburrano Dario, Tânger Corrêa António, Tarczyński Dominik, Tarquinio Marco, Tavares Carla, Tegethoff Kai, Temido Marta, Terheş Cristian, Ter Laak Ingeborg, Terras Riho, Tertsch Hermann, Thionnet Pierre-Romain, Timgren Beatrice, Tinagli Irene, Tobé Tomas, Tolassy Rody, Tomac Eugen, Tomašič Zala, Tomaszewski Waldemar, Tomc Romana, Tonin Matej, Toom Jana, Topo Raffaele, Torselli Francesco, Tosi Flavio, Toussaint Marie, Tovaglieri Isabella, Toveri Pekka, Trochu Laurence, Tudose Mihai, Turek Filip, Tynkkynen Sebastian, Uhrík Milan, Vaidere Inese, Valchev Ivaylo, Vălean Adina, Valet Matthieu, Van Brempt Kathleen, Van Brug Anouk, van den Berg Brigitte, Vandendriessche Tom, Van Dijck Kris, Van Lanschot Reinier, Van Leeuwen Jessika, Vannacci Roberto, Van Overtveldt Johan, Van Sparrentak Kim, Vasconcelos Ana, Vautmans Hilde, Vedrenne Marie-Pierre, Veryga Aurelijus, Vešligaj Marko, Vicsek Annamária, Vieira Catarina, Vilimsky Harald, Vincze Loránt, Vistisen Anders, Vivaldini Mariateresa, Volgin Petar, von der Schulenburg Michael, Vondra Alexandr, Voss Axel, Vrecionová Veronika, Vázquez Lázara Adrián, Waitz Thomas, Walsh Maria, Warborn Jörgen, Warnke Jan-Peter, Wąsik Maciej, Wawrykiewicz Michał, Wcisło Marta, Wechsler Andrea, Weimers Charlie, Werbrouck Séverine, Wiesner Emma, Wiezik Michal, Wilmès Sophie, Winkler Iuliu, Winzig Angelika, Wiseler-Lima Isabel, Wiśniewska Jadwiga, Wölken Tiemo, Wolters Lara, Yar Lucia, Zacharia Maria, Zalewska Anna, Žalimas Dainius, Zan Alessandro, Zdechovský Tomáš, Zdrojewski Bogdan Andrzej, Zijlstra Auke, Zingaretti Nicola, Złotowski Kosma, Zoido Álvarez Juan Ignacio, Zovko Željana, Zver Milan

Excused:

Morano Nadine, Omarjee Younous, Zarzalejos Javier

MIL OSI Europe News –

February 15, 2025

MIL-OSI Europe: ASIA/SOUTH KOREA – Father Vincenzo and the wounds of Christ on the outskirts of Seoul

Source: Agenzia Fides – MIL OSI

by Pascale RizkSeongnam (Agenzia Fides) – Free love is disarming and it endures over time. This is what his father Angelo said on the day his son Vincenzo became a Catholic priest in April 1987: “Just as gold does not change over time, so too will our love for you remain.” Father Vincenzo Bordo, missionary of the Oblates of Mary Immaculate, still loves with the same love “to the end”. He has done this since he arrived in South Korea, which will be 35 years ago next May.In South Korea today everyone knows the “strange foreigner” by the name of Kim Ha-jong Shinbunim. He grew up in the Viterbo area, with the solid human temperament of a farmer, animated by the strong desire to “love and serve the last” since he was a boy.Fascinated by the Orient and oriental studies, he set off for Korea with his confrere Father Mauro Concardi. Today he can often be found in “Anna’s House” in Seongnam City, the second largest city after Suwon in the Gyeonggi-do province in the suburbs of Seoul, about 28 km from the center of the metropolis.The area has long been an ideal place for the homeless: close to a large market and in the middle of a nerwork of subways and bus lines that made it easier for them to get around. That is why he started his work there, which he continues with a clear view and a work apron. Korea between past and presentThe Korea that welcomed him three decades ago is no longer the same. Impressive economic development, rapid change, international tensions and even political unrest in recent times. “When I arrived here, the most commonly used word in Korean was 우리 (we). Our family,’ ‘our community,’ ‘our church,’ ‘our homeland,’ ‘our neighborhood.’ The feeling of belonging was very strong. Today, the most used word is ‘I,’” says Father Bordo, adding: “We have gone from a very strong community dimension, sometimes even too strong, to an egocentric ‘I’ in an egocentric city. The society that was used to taking care of relatives, parents, the community has become a society where a person dies in the neighborhood and you do not know it because the number of people living alone is increasing dramatically.”Compared to when he came to Korea, the beggars have disappeared. The “new poverty” manifests itself in the lives of those who “don’t have an intelligent, complex, articulate mind” and are unable to keep up with the “modern, rich, fast, intelligent, diverse and complex” society, explains Father Vincenzo.When it is time for dinner, he is amazed at how many people in their 50s come and line up to eat. “Apart from the pensions paid by big companies like Samsung or Hyundai,” says Father Vincenzo, “in the 1990s there was no form of social security for people. Today there is a minimum pension, a system to support people in serious difficulties and even a minimum guarantee of health care.”

MIL OSI Europe News –

February 15, 2025
MIL-OSI United Kingdom: Nearly £1m to support communities across London as Mayor launches new campaign to unite and celebrate Londoners
Source: Mayor of London
- Funding of more than £985,000 will help bring communities together through the Community Recovery Fund and Mayor’s Community Weekend
- Mayor launches new Loved and Wanted campaign at Outernet to unite Londoners and celebrate the capital’s diversity, inclusivity and unity in the face of uncertain and unsettling times across the globe, and the impact of rising antisemitism and islamophobia
- New polling shows that eight in 10 Londoners (79 per cent) think it’s important that there is an increase in a sense of unity amongst people in London
- The campaign will be displayed all across the capital as more than 100 organisations and community groups join together to reiterate that London is a place for everyone
The Mayor of London, Sadiq Khan, has today announced a package of almost £1million funding to support communities across London, as he launched a major new campaign to show that the capital is, and always will be, a place for everyone.

The Mayor is working with London Councils, London Legal Support Trust and The National Lottery Community Fund to distribute more than £985,000 to community groups in every borough through the Government’s Community Recovery Fund and the National Lottery Community Fund.

The funding announcement came as the Mayor launched a major new campaign to send a strong message to all of the capital’s communities that they are loved and wanted in London.

The Loved and Wanted campaign brings together a broad range of organisations and community groups to show the world that diversity is London’s greatest strength and that people from all backgrounds are celebrated and welcomed.

The campaign comes six months after disorder took place across towns and cities in the UK and at a time when fear and division is being spread in the UK and around the world. Since October 2023, the capital has seen a rise in antisemitism and islamophobia, and a rise in extreme right-wing activity has also left many fearful for their safety.

New polling shows that eight in 10 Londoners (79 per cent) think it’s important that there is an increase in a sense of unity amongst people in London, and three quarters (75 per cent) say it’s important that the Mayor promotes it.

The Mayor officially launched the campaign on Valentine’s Day at Outernet London, the largest digital exhibition space in Europe, which is hosting a ‘Loved and Wanted’ digital immersive experience. He was joined by faith leaders and representatives from London’s communities, including LGBTQI+, migrant and deaf and disabled Londoners, soul singer and activist Mica Paris and Ukrainian chef and digital artist Alisa Cooper to send a powerful message of unity to Londoners.

Outernet’s screens will display the colourful ‘You are loved and wanted in London’ graphics throughout February. The message is also translated into 17 languages, alongside quotes from Londoners sharing examples about how they feel loved and wanted in the city.

The campaign will feature a series of adverts across the capital, in community centres, cultural organisations, libraries, faith buildings, volunteering centres and online over the coming months. More than 130 organisations have signed up to share post cards and window stickers, including The Felix Project, Royal Academy of Arts, Black Cultural Centre, English National Ballet, London Museum, Bernie Grant Centre, Southbank Centre, churches, mosques and synagogues. The campaign will also showcase a range of stories of how Londoners continue to rally together, support each other, and stand up against hatred and division, whilst living in globally uncertain times.

The Government’s Community Recovery Fund was made available by the Deputy Prime Minister following the disorder across the country last summer, with London allocated £600,000. A total of £510,000 will be distributed in grants between £700 and £22,000 to support groups with local events, education initiatives and improving access to facilities which bring communities together. A further £90,000 will be allocated to the London Legal Support Trust to provide support to free legal advice agencies in London, which were a target during the disorder. 

The Mayor has also announced that £385,000 will be invested in the Mayor’s Community Weekend 2025, thanks to funding from The National Lottery Community Fund. From September 12-14 there will be a weekend of community events and activities to bring Londoners together to celebrate our city and make a positive difference. In 2023, 184 organisations took part with events in every London borough, including community sports days, community barbecues and picnics, arts and cultural events, creative workshops, and activities focusing on the environment, conservation and healthy eating.

The Mayor of London, Sadiq Khan, said: “London is the greatest city in the world because of the incredible people who live here. Londoners come from every walk of life, from every religious, ethnic and social background and from all over the world to make this fantastic city. Sadly, we are living in increasingly uncertain and unsettling times and I know the worry and concern that this is having in our communities. That’s why we’re bringing together organisations and community groups across the capital to send a clear message that all Londoners are loved and wanted in our great city. London is, and always be, a place for everyone.”

John Mothersole, England Chair at The National Lottery Community Fund, said: “We’re rooted in the communities we serve, whatever their needs and aspirations. After the hugely successful first Mayor’s Community Weekend in London, we’re delighted to be back for another special weekend of community-led activity. We believe in the power of communities and connection, and we can’t wait to see London’s diverse communities come together again. This weekend will showcase the lasting impact voluntary action can achieve for the city.”

Shabna Begum, Chief Executive Officer at Runnymede Trust: “The Loved and Wanted campaign speaks to a social contract that moves beyond terms like ‘tolerance’ and ‘cohesion’, it celebrates the beauty of a city that is a rich tapestry of multiracial, multicultural and mixed class communities that live, work – and often struggle together.

“We welcome the package of investment in communities that the campaign promises, supporting organisations and infrastructures that enable togetherness, when we know that so many of our most vulnerable continue to face unprecedented levels of economic distress.

“At a time when our political conversation is saturated with narratives of hate and division and London is subjected to hyper-hostility by far-right actors who smear our diversity and difference, this campaign could not be more important. Loved and Wanted isn’t a romantic, aspirational statement, it is an account of our city that remembers the incredible archive of solidarity and anti-racist activism that shapes us and is a reminder that these histories are underpinned by the everyday rhythm of living and struggling together in our complex, convivial communities.”

Zrinka Bralo, Chief Executive of Migrants Organise, said: “Many people are currently struggling to survive and make sense of the world. This is why fostering connections, building resilience within our communities, and taking meaningful action for dignity and justice is essential. London became my sanctuary 30 years ago when I fled war and genocide, and it continues to protect those in need. At Migrants Organise, we witness firsthand the devastating effects of the dehumanisation of refugees and migrants caused by hostile policies. We also see the solidarity and support from many Londoners, which never hits the headlines, because good people do good work quietly. For this reason, we value and welcome the Mayor’s leadership and the additional resources allocated to support all of London’s communities. These efforts represent a vital investment in cultivating unity, hope, and trust—qualities that are increasingly scarce around the world.”

Amanda Bowman, Co-Chair of the London Jewish Forum, said: “London is facing increasing challenges to social cohesion, which has had a particular impact on our Jewish community”. A report released this week on antisemitic incidents in 2024 revealed that over half of all anti-Jewish hate reported in the UK takes place in London. Against this backdrop, we welcome the ‘Loved and Wanted’ campaign, which seeks to bring communities together and strengthen a shared sense of belonging.

“We look forward to working with the Mayor, his team, and London councils to celebrate the capital’s diversity, inclusivity and unity, particularly at this time of global uncertainty and division. Our priority is to ensure that London remains a safe and welcoming city for the Jewish community while continuing to build strong relationships with other communities to create an environment where everyone feels valued and welcome.”

Abdurahman Sayed, Muslim Cultural Heritage Centre CEO, said: “We wholeheartedly welcome the Mayor’s initiative to bring communities together at a time when unity and resilience are more needed than ever before. The funding of more than £985,000 through the Community Recovery Fund and Mayor’s Community Weekend will provide crucial support to grassroots organisations, helping to strengthen community ties and promote social cohesion.

“The launch of the Loved and Wanted campaign is also a vital step in reaffirming London’s identity as a city of diversity, inclusivity, and unity. In a world facing uncertainty, it is essential to reinforce the message that London is a place for everyone.

“With new polling showing that 79% of Londoners believe in the need for greater unity, it is encouraging to see over 100 organisations and community groups coming together to champion these values. We stand in full support of this initiative and look forward to seeing the positive impact it will have on communities across the capital.”

Olympic triathlon gold medallist Alex Yee said: “I’m so proud to be from London because there’s nowhere else like it. I loved growing up in Lewisham as part of an extremely diverse community where everyone felt accepted. I hope the Loved and Wanted campaign shows how united Londoners truly are.”

UK Queen of Soul Mica Paris MBE, said: “I’ve lived in LA, New York and Sydney, but London is my favourite city in the world and it’s where I am at my most creative. I grew up with English, Irish, African, Caribbean and Asian friends and that’s a key reason why London is so special and why we have such a rich music heritage. I’m proud to support the Mayor of London’s Loved and Wanted campaign.”

Chef and entrepreneur Alisa Cooper, who moved to London under the Homes for Ukraine programme, said: “Being acknowledged and feeling seen in the Loved and Wanted campaign means a lot as London has become home to me and my son thanks to the generosity of strangers. Rebuilding our lives hasn’t been easy but the fantastic support we have received has kept us going. I hope this campaign helps further strengthen bonds between communities.”

Philip O’Ferrall, CEO Outernet said: “We are in a time where inclusivity and unity in all ways is more important than ever before. London has always been enriched by the people we have welcomed and the communities that we have embraced and Outernet at its heart is about people coming together. The Loved and Wanted campaign and its powerful message is something we at Outernet are proud to partner on with the Mayor and his team.”
MIL OSI United Kingdom –
February 15, 2025

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