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Category: Africa

  • MIL-OSI Russia: IMF Executive Board Concludes 2025 Article IV Consultation with Namibia

    Source: IMF – News in Russian

    June 17, 2025

    • Namibia’s economy faces challenges from heightened global trade policy tensions, increased weather shocks, a structural shift in the global diamond market, and high structural unemployment.
    • Ensuring macroeconomic stability requires maintaining fiscal prudence while creating space for growth-enhancing measures, managing the monetary policy to safeguard the peg, and enhancing the resilience of the financial sector.
    • To generate employment through inclusive private sector-led growth that is weather-shock-resilient, bold structural reforms are essential. Additionally, a comprehensive strategy is needed to leverage the potential opportunities presented by recent oil discoveries.

    Washington, DC: The Executive Board of the International Monetary Fund (IMF) completed the Article IV Consultation for Namibia.[1] The authorities have consented to the publication of the Staff Report prepared for this consultation.[2]

    Namibia’s economic growth decelerated from 5.4 percent in 2022 to 3.7 percent in 2024 as a decline in production in response to lower diamond prices outweighed momentum stemming from rising gold and uranium prices. Oil exploration plateaued in 2024 following a spike in 2023, while agriculture contracted sharply due to the drought of 2023–24, the most severe in a century. Inflation has fallen, reflecting a drop in food and fuel prices in international markets.

    Looking ahead, growth is projected to remain subdued in the near and medium term. The end of the drought is expected to boost growth in 2025; however, increased global trade policy uncertainty, particularly related to U.S. tariffs, and the weak diamond market will dampen momentum, with growth forecast at 3¾ percent for 2025 and 2026. Over the medium term, growth is projected to be about 3 percent, constrained by structural rigidities despite increased public capital expenditure. Average CPI inflation is projected to ease to 4.1 percent in 2025 and remain around 4.5 percent in the medium term.

    Risks to the outlook are tilted to the downside. Key external downside risks include commodity price fluctuations, further worsening of global trade tensions, a deepening of economic fragmentation, and tighter global financial conditions. Domestic downside risks include social discontent resulting from continued high unemployment and inequality and increased volatility associated with weather shocks. Upside risks include an easing of global trade policy tensions and faster development of oil, gas, and green hydrogen projects.

    Executive Board Assessment[3]

    Executive Directors agreed with the thrust of the staff appraisal. They took positive note of Namibia’s economic resilience, with slowing inflation and improved external position, despite the challenging external environment and welcomed the new government’s commitment to fostering inclusive growth and build resilience to climate shocks. Noting the subdued growth outlook reflecting global trade policy uncertainty and domestic structural rigidities, high unemployment, and inequality, Directors emphasized the need for further efforts to harness Namibia’s economic potential and raise per capita income by promoting a private sector led, inclusive, weather resilient, and diversified economy.

    Directors welcomed the authorities’ commitment to maintaining fiscal discipline and creating space for growth enhancing measures. They called for sustained and larger fiscal consolidation over the medium term to entrench the favorable public debt dynamics and strengthen the external position. Directors stressed the need to accelerate fiscal reforms including enacting a comprehensive civil service reform to contain the wage bill, state owned enterprise reforms, strengthening public financial and investment management, and enhancing tax administration to solidify fiscal consolidation. At the same time, they recommended increasing public investment to enhance growth, expanding social protection, and building resilience to weather shocks. They encouraged the authorities to continue their efforts to establish, with Fund technical assistance, a strong governance framework for the sovereign wealth fund and a natural resource management framework to safeguard long term macroeconomic stability and support economic development.

    In the absence of capital outflows, Directors recommended gradually aligning the policy rate with that of the South African Reserve Bank (SARB) to safeguard the currency peg, taking advantage of SARB’s rate reductions. They stressed, however, that the Bank of Namibia should remain vigilant to economic conditions.

    Directors welcomed the continued progress in enhancing financial sector resilience, notably through the introduction of the bank resolution policy. They encouraged the authorities to continue to monitor risks including from the sovereign bank nexus and household debt. Directors recommended finalizing additional policy measures, including counter cyclical capital buffers and strengthened cooperation on crisis resolution. Continued efforts to strengthen the AML/CFT framework are crucial to expedite removal from the FATF grey list.

    Directors highlighted that bold structural reforms are essential to fostering sustainable, inclusive, and private sector led growth and improving external competitiveness. They recommended addressing key barriers, including by improving human capital and reducing skill mismatches, enhancing the business climate, strengthening governance, and fostering digitalization. Directors supported developing a set of policies aimed at harnessing prospective oil, gas, and green hydrogen for economic diversification and job creation.

    It is expected that the next Article IV Consultation with Namibia will be held on the standard 12-month cycle.

     

    Namibia: Selected Economic Indicators, 2022–30

    Population (2024, million):                                      3.0                           Per-capita GDP (2024, USD):                                                        4471.8

    Quota (current, millions of SDR, percent of total):  54.6                          Poverty (2015, percent of national poverty line):                         17.4

    Main exports:                                                          Diamonds, Fish, Gold, Uranium, Copper.

    Key export markets:                                                South Africa, Botswana, China, Zambia, and Belgium.

    2022

    2023

    2024

    2025

    2026

    2027

    2028

    2029

    2030

    Est.

    Proj.

                       

    Percent change, unless otherwise specified

    Output

                     

    Real GDP growth

    5.4

    4.4

    3.7

    3.8

    3.7

    2.9

    3.0

    3.0

    3.0

    Nominal GDP growth

    12.2

    11.3

    7.1

    8.8

    9.3

    7.4

    7.6

    7.6

    7.6

    Nominal GDP (billions of USD)

    205.6

    228.9

    245.1

    266.8

    291.7

    313.4

    337.1

    362.5

    389.9

    Nominal GDP per capita (USD)

    4,407

    4,236

    4,472

    4,673

    4,898

    5,037

    5,192

    5,346

    5,513

    GDP Deflator

    6.4

    6.6

    3.3

    4.9

    5.5

    4.4

    4.4

    4.4

    4.4

    Prices

    Consumer prices (average)

    6.1

    5.9

    4.2

    4.1

    4.5

    4.5

    4.5

    4.5

    4.5

    Consumer prices (end of period)

    6.9

    5.3

    3.4

    4.5

    4.5

    4.5

    4.5

    4.5

    4.5

    Percent of GDP, unless otherwise specified

    Central Government Budget 1/

    Revenue and grants 2/

    30.5

    35.1

    36.5

    33.2

    32.8

    33.1

    33.3

    33.3

    33.3

      of which: SACU receipts

    6.7

    10.5

    11.2

    7.7

    7.9

    8.2

    8.5

    8.5

    8.4

    Expenditure

    36.1

    37.6

    40.4

    38.8

    37.7

    36.8

    36.6

    36.5

    36.5

      Of which: personnel expenditure

    14.9

    13.9

    14.1

    13.5

    12.8

    12.3

    12.2

    12.2

    12.2

      Of which: capital expenditure and net lending

    3.1

    2.9

    3.9

    4.0

    3.9

    3.5

    3.5

    3.5

    3.5

    Primary balance

    -1.2

    2.7

    1.2

    -0.5

    0.2

    1.4

    1.7

    1.7

    1.7

    Overall fiscal balance

    -5.7

    -2.4

    -3.9

    -5.7

    -4.8

    -3.7

    -3.3

    -3.3

    -3.3

    Overall fiscal balance ex. SACU

    -12.4

    -12.8

    -15.1

    -13.4

    -12.8

    -12.0

    -11.8

    -11.7

    -11.7

    Public debt, gross

    67.5

    66.0

    66.2

    62.3

    62.2

    62.0

    61.1

    60.1

    59.3

    Investment and Savings

    Investment

    20.1

    27.3

    25.6

    22.1

    19.0

    17.8

    16.8

    16.8

    16.8

      Public

    2.6

    2.4

    2.4

    2.6

    2.5

    2.3

    2.3

    2.3

    2.3

      Others (incl. SOEs)

    14.1

    23.7

    21.3

    19.5

    16.5

    15.5

    14.5

    14.5

    14.5

      Change inventories

    3.4

    1.2

    2.0

    0.0

    0.0

    0.0

    0.0

    0.0

    0.0

    Savings

    7.3

    12.0

    10.3

    6.6

    5.4

    5.2

    4.6

    5.1

    5.5

      Public

    -3.2

    -0.2

    0.1

    -1.3

    -1.1

    -0.4

    0.1

    0.2

    0.2

      Others (incl. SOEs)

    10.6

    12.2

    10.2

    7.9

    6.5

    5.6

    4.5

    4.8

    5.3

    Percent change, unless otherwise specified

    Money and Credit

    Broad money

    0.0

    10.7

    9.7

    9.1

    8.6

    7.9

    8.4

    7.7

    7.6

    Credit to the private sector

    4.2

    2.8

    3.5

    4.9

    6.2

    4.1

    5.4

    5.5

    5.5

    BoN repo rate (percent) 3/

    6.75

    7.75

    7.00

    6.75

    …

    …

    …

    …

    …

     

                                                                                       Percent of GDP, unless otherwise specified

    Balance of Payments

                       

    Current account balance

    -12.6

    -15.3

    -15.3

    -15.5

    -13.7

    -12.6

    -12.1

    -11.7

    -11.3

    Financial account balance

    -13.3

    -15.9

    -17.2

    -9.3

    -15.4

    -13.6

    -12.3

    -11.8

    -11.8

    Gross official reserves

    22.3

    23.2

    25.1

    18.4

    20.1

    21.2

    21.5

    21.6

    22.2

    Reserves (in months of imports)

    3.9

    3.8

    4.4

    3.4

    3.8

    4.1

    4.2

    4.2

    4.5

    External debt

    71.7

    76.0

    74.6

    68.0

    67.5

    66.8

    65.5

    63.6

    61.8

    of which: public (incl. IMF) 4/

    17.5

    16.6

    14.7

    7.9

    7.3

    6.8

    6.4

    6.0

    5.5

    Exchange rate

    REER (percent, yoy)

    -3.6

    -6.3

    2.7

    …

    …

    …

    …

    …

    …

    Average exchange rate (Namibian dollar per USD)

    16.4

    18.5

    18.3

    …

    …

    …

    …

    …

    …

    Sources: Namibian authorities; and IMF staff calculations.

    1/ Figures are for the fiscal year as a percent of GDP. The fiscal year runs from April 1 to March 31.

    2/ Revenue excludes the line “transactions in assets and liabilities” classified as part of revenue in budget documents. It captures proceeds from asset sales, realized valuation gains from holdings of foreign currency deposits, and other items which are not classified as revenue according to the IMF’s Government Finance Statistics Manual 2010.

    3/ Figure for 2025 is as of April 16, 2025.

    4/ The ratio is calculated by dividing the stock as March 31 by nominal GDP for the fiscal year.

                                           

    [1] Under Article IV of the IMF’s Articles of Agreement, the IMF holds bilateral discussions with members, usually every year. A staff team visits the country, collects economic and financial information, and discusses with officials the country’s economic developments and policies. On return to headquarters, the staff prepares a report, which forms the basis for discussion by the Executive Board.

    [2] Under the IMF’s Articles of Agreement, publication of documents that pertain to member countries is voluntary and requires the member consent. The staff report will be shortly published on the www.imf.org/Namibia page.

    [3] At the conclusion of the discussion, the Managing Director, as Chair of the Board, summarizes the views of Executive Directors, and this summary is transmitted to the country’s authorities. An explanation of any qualifiers used in summings up can be found here: http://www.IMF.org/external/np/sec/misc/qualifiers.htm.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Kwabena Akuamoah-Boateng

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    @IMFSpokesperson

    https://www.imf.org/en/News/Articles/2025/06/13/pr-25198-namibia-imf-executive-board-concludes-2025-art-iv-consult

    MIL OSI

    MIL OSI Russia News –

    June 17, 2025
  • MIL-OSI Africa: 12 die in KZN accident

    Source: South Africa News Agency

    Tuesday, June 17, 2025

    Twelve people have died, with 38 others sustaining injuries in a head-on collision between a bus and truck on the R34 Matatani road between Vryheid and Ulundi in KwaZulu-Natal at around midnight. 

    “KwaZulu Private Ambulance Service paramedics responded to the scene, where they provided immediate medical attention to the victims. Of the injured, 10 patients sustained critical injuries, 22 suffered serious injuries, and six sustained minor injuries,” Arrive Alive said on Monday.

    A multi-service emergency response team worked to stabilise all patients before transporting them to nearby medical facilities for further treatment.

    Nine occupants were declared dead at the scene, having sustained fatal injuries before emergency services arrived. Three critically injured patients later died in the hospital, despite intensive efforts by paramedics and medical staff.

    The cause of the collision is under investigation. – SAnews.gov.za

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    MIL OSI Africa –

    June 17, 2025
  • MIL-OSI Africa: Foot-and-mouth disease detected in the North West

    Source: South Africa News Agency

    The North West Department of Agriculture and Rural Development has confirmed an outbreak of foot-and-mouth disease (FMD) in the Dr Kenneth Kaunda District, specifically within the JB Marks Local Municipality.

    In the first case, the department was alerted by a private veterinarian, who visited a farm and noted suspicious signs. 

    A State veterinarian then collected samples, which were sent to the Onderstepoort Veterinary Institute (OVI) for testing.

    Another incident of FMD was detected at an abattoir in Madibeng.

    “The clinical signs of the affected  animals were missed at ante-mortem inspection but were detected on the slaughter line during the meat inspection process. 

    “Tissue samples were sent to the laboratory, and the results came back confirming both SAT 2 and SAT 3 types of the virus. 

    “The unslaughtered animals were escorted back to the farm of origin, a feedlot in Ventersdorp, through a Red Cross permit,” the statement read. 

    The department has placed both farms associated with the outbreak under quarantine, which prohibits the movement of animals and animal products. 

    In addition, the department has identified all farms connected to the Gauteng outbreak and is conducting tests to determine whether any of them are positive for the infection.

    “All such farms have also been put under precautionary quarantine until the test results are back.” 

    The department stated that any suspected case of FMD in susceptible animals must be reported to the local state veterinarian immediately.

    FMD is a highly contagious viral infection that affects cloven-hoofed animals and can impact some other species as well. 

    The main clinical signs of the disease include fever, lameness, and the appearance of blisters and sores in the mouth, feet, and teats.

    In recent months, outbreaks have occurred in five of the nine provinces in South Africa, with KwaZulu-Natal experiencing the most significant impact.

    Early this month, Minister of Agriculture, John Steenhuisen, announced that the department has ordered 901 200 doses of vaccines at a value of over R70 million. 

    The national department said this means that over 900 000 animals will be vaccinated in all areas that the department has prioritised.

    The department stated that Limpopo and Mpumalanga will also conduct their routine vaccinations, which are conducted three times a year, with some of the vaccines going to Gauteng and KwaZulu-Natal. 

    Meanwhile, last week, Cabinet announced plans to establish a biosecurity council that will bring together the South African Police Service, veterinarians, scientists, the Border Management Authority (BMA) and captains of industry to better respond to future outbreaks and manage the related risks. 

    READ | Government on top off foot-and-mouth disease response. – SAnews.gov.za

    MIL OSI Africa –

    June 17, 2025
  • MIL-OSI Africa: Equatorial Guinea’s Golden Swan Sets Regional Benchmark for Greener Oil and Gas Practices


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    The African Energy Chamber (AEC) (www.EnergyChamber.org) proudly supports the recent visit of Gabonese President Brice Oligui Nguema to Equatorial Guinea’s Golden Swan industrial complex, marking a defining moment for Africa’s oil and gas sector. As the continent intensifies efforts to industrialize responsibly, Golden Swan – and Equatorial Guinea, under the leadership of President Teodoro Obiang Nguema Mbasogo, whose commitment to sustainable development and environmental stewardship has been instrumental – is demonstrating that environmental protection and energy development can and must go hand in hand.

    During the visit, President Oligui Nguema and his delegation witnessed first-hand how Equatorial Guinea has achieved self-sufficiency in treating industrial and hazardous waste. Golden Swan’s advanced infrastructure includes industrial incinerators, a wastewater treatment plant, a medical waste processing unit and recycling systems for waste oil, plastics, batteries and metals. Presentations showcased the company’s household waste system, which reduces landfill use by up to 90% through sorting and recycling, and its production of critical industrial gases like medical oxygen and nitrogen.

    The Golden Swan model directly addresses one of the most pressing challenges facing Africa’s hydrocarbons sector: the management of hazardous and industrial waste generated by upstream and downstream operations. By achieving self-sufficiency in this area, Equatorial Guinea not only protects its ecosystems and communities, but also strengthens its position as a responsible, forward-looking energy producer. The AEC believes that facilities like Golden Swan can serve as blueprints for governments and companies aiming to build energy industries that are both profitable and sustainable.

    The visit also sets the stage for tangible collaboration between Gabon and Equatorial Guinea, beyond high-level dialogue. Opportunities now exist for technical cooperation, joint ventures and knowledge sharing that could see similar waste management infrastructure developed across the region. The Chamber encourages both governments to formalize this cooperation and take decisive steps to turn this vision into reality.

    “This is a defining example of how African oil and gas producers can lead on environmental issues rather than follow,” said NJ Ayuk, Executive Chairman of the African Energy Chamber. “Golden Swan shows what is possible when governments and industry come together with a clear purpose. It sets the bar higher, and it invites others on the continent to match or exceed that standard. This is good for our industry, good for our people, and good for Africa’s future.”

    Golden Swan’s success underscores a broader truth: Africa’s energy sector can drive industrialization while respecting the environment. As more nations follow this path, the continent will be better positioned to attract investment, create jobs and ensure long-term sustainability. The AEC welcomes this milestone and encourages all oil and gas stakeholders to build on Golden Swan’s example by innovating, collaborating and driving Africa’s growth while protecting its natural heritage.

    Distributed by APO Group on behalf of African Energy Chamber.

    MIL OSI Africa –

    June 17, 2025
  • MIL-OSI United Kingdom: UN Human Rights Council 59: UK Statement on the Fact-Finding Mission on the eastern Democratic Republic of Congo

    Source: United Kingdom – Executive Government & Departments

    Speech

    UN Human Rights Council 59: UK Statement on the Fact-Finding Mission on the eastern Democratic Republic of Congo

    Statement for the Enhanced Interactive Dialogue on the Oral Update of the FFM on the eastern DRC. Delivered by the UK’s Permanent Representative to the WTO and UN, Simon Manley.

    Thank you, Mr Vice President.

    Let me thank the High Commissioner and the Fact-Finding Mission for their important, indeed chilling, update on the situation in eastern DRC.

    The UK is deeply concerned by the devastating accounts of human rights abuses and violations perpetrated by all parties to the conflict.

    The reported extrajudicial killings, arbitrary detention, sexual violence and forced recruitment of children are simply horrendous.  As are accounts of Rwandan Defence Forces and M23 entrenching administrative control through violence, displacing  civilians, targeting civil society, and  dismantling  legal and civil institutions.

    We urge all parties to protect human rights, respect international humanitarian law and engage meaningfully with the peace processes.

    We also reiterate our call on the DRC to reconsider its decision to lift the moratorium on the death penalty.

    Mr Vice President, we remain convinced that this Council must use all the mechanisms available to investigate reports of human rights violations and abuses in the eastern DRC, identify the perpetrators and end impunity once and for all.

    Mr Vice President, I listened carefully to what the High Commissioner said about the challenges in establishing the independent Commission of Inquiry to continue the Fact-Finding Mission’s important work, but I do think we should try harder to fulfil this Council’s mandate.

    Thank you.

    Updates to this page

    Published 17 June 2025

    MIL OSI United Kingdom –

    June 17, 2025
  • MIL-OSI Russia: The Inspiration Arts Festival will be held at VDNKh in July

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    From July 23 to 27, the VDNKh will host the International Arts Festival “Inspiration” for the eighth time. It will bring together creative teams and projects of artists from the capital, St. Petersburg, Krasnodar, as well as China, India, Turkey, Egypt and other countries. This was reported by Natalia Sergunina, Deputy Mayor of Moscow.

    “At various exhibition venues, city residents and tourists will be treated to street plays and dance performances, performances and concerts. The stages will feature works by Pyotr Tchaikovsky, Mikhail Glinka, Aram Khachaturian, Frederic Chopin and other famous composers,” the deputy mayor said.

    The festival will take place at 10 venues, including the Main Alley, the square near the Friendship of Nations fountain, the Worker and Kolkhoz Woman pavilion, and the Slovo Museum of Slavic Literature.

    On July 23, the Green Theater will host a performance based on Leo Tolstoy’s epic novel “War and Peace.” It will be performed by a group from Turkey. On July 25, the “Night of One-Act Ballets” project will be presented here. Modern choreographic programs will be demonstrated by dance schools from Egypt and Cuba.

    On July 25, the main stage of the festival will host an opera production. It will introduce the culture of China, in particular the traditions and folk legends of the Guangxi province. A classical music concert will also be held at the same venue. Residents and guests of the capital will be able to hear works by Pyotr Tchaikovsky, Mikhail Glinka, Sergei Rachmaninov and Aram Khachaturian. And on July 27, the performance “Three Sisters” by the Krasnodar Academic Drama Theater named after Maxim Gorky will be shown on the veranda of the VDNKh House of Culture. It is based on the play by Anton Chekhov.

    All events are free. Pre-registration is required to attend.website VDNKh.

    The Inspiration Festival will be held as part of a large-scale project “Summer in Moscow”. It brings together the most vibrant events in the capital. Every day, charity, cultural and sporting events are held in all areas of the city, most of which are free. The Summer in Moscow project is being held for the second time, and this season will be more eventful: new, original and colourful festivals and events will be added to the traditional ones.

    Quickly find out the main news of the capital inofficial telegram channel the city of Moscow.

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

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

    https: //vv.mos.ru/nevs/ite/155319073/

    MIL OSI Russia News –

    June 17, 2025
  • MIL-OSI Africa: CityBlue Hotels Announces Le Mirage Residences by CityBlue, The Tallest Branded Residences in Kenya

    CityBlue Hotels, Africa’s fastest-growing local hotel chain, and SMB Properties, a leading property developer in Kenya, today announced a strategic partnership to launch the 256-unit Le Mirage Residences by CityBlue. This landmark collaboration will introduce a new paradigm of upscale residential living in Nairobi, with Le Mirage Residences by CityBlue poised to become one of Kenya’s tallest and most iconic towers.

    The announcement, made at the prestigious Future Hospitality Summit Africa in Cape Town, marks a significant milestone for both entities and for Kenya’s real estate market. Le Mirage Residences by CityBlue will offer an unparalleled living experience, combining SMB Properties’ expertise in crafting exquisite residential spaces with CityBlue Hotels’ renowned hospitality management.

    Le Mirage Residences by CityBlue, located in the prime Westlands area of Nairobi, is designed to cater to the discerning tastes of high-net-worth individuals and expatriates seeking premium living. The development will feature luxurious 1, 2, 3, and 4-bedroom apartments, complemented by an extensive array of 22+ world-class amenities.

    These include over 52,000 sq. ft. of space dedicated to wellness, lifestyle, and recreational amenities. From Kenya’s highest rooftop infinity pool to a full-service spa, fully equipped gym, squash and pickleball courts, private cinema lounges, and dedicated children’s play areas, creating a vertical city concept that redefines urban luxury.

    As Kenya is emerging as a prime investment destination in Africa, Le Mirage Residences by CityBlue presents a unique opportunity for investors to be part of this growth. With projected capital appreciation of up to 30% in 3 years after completion and ROI of up to 23%, the development combines lifestyle with long-term financial returns.

    “This partnership demonstrates commitment to a relentless quest for footprint in key African markets and diversifying our offerings beyond traditional hotels,” said Jameel Verjee, CEO of CityBlue Hotels.

    “Nairobi’s dynamic real estate landscape presents a unique opportunity to blend our expertise in hospitality with SMB Properties’ vision for luxury residential development. Le Mirage Residences by CityBlue will deliver the signature CityBlue experience, ensuring comfort, convenience, and unparalleled service for our residents.”

    Taher Saleh, Managing Director of SMB Properties added, “Le Mirage Residences by CityBlue represents the pinnacle of luxury and architectural innovation in Kenya. We are proud to collaborate with CityBlue Hotels, a brand synonymous with excellence in hospitality, to create a landmark that will stand as a beacon of modern living in Nairobi. This project is a direct response to the growing demand for high-end residential properties in Kenya, and we are confident that its prime location, superior design, and comprehensive amenities will set new benchmarks in the market.”

    The project is poised to be one of Kenya’s tallest residential towers, reflecting the nation’s ambitious growth and the increasing sophistication of its urban centers. Its strategic location in Westlands, a vibrant commercial and residential hub, ensures easy access to Nairobi’s business districts, diplomatic missions, and premier lifestyle destinations.

    Distributed by APO Group on behalf of The Bench.

    Contact:
    For CityBlue Hotels:
    Email: grow@citybluehotels.com

    For SMB Properties:
    Email: sales@smbproperties.co.ke

    About CityBlue Hotels:
    CityBlue Hotels is Africa’s fastest-growing local hotel chain, renowned for its customer-centric approach and commitment to providing world-class hospitality across Eastern and Western Africa’s major cities. With a focus on seamless, tech-supported experiences, CityBlue Hotels aims to redefine comfort and convenience for business and leisure travelers alike. The brand is dedicated to expanding its footprint and diversifying its offerings to meet the evolving demands of the African hospitality market.

    About SMB Properties:
    SMB Properties is a privately-owned luxury property developer based in Kenya, specializing in bringing to life residential projects designed with pristine detail for premium living. With a strong track record of delivering exquisite developments, SMB Properties is committed to transforming spaces into lifestyles, where prime locations meet unparalleled amenities. The company plays a significant role in shaping Kenya’s luxury real estate landscape, catering to discerning buyers seeking high-end finishes and world-class living experiences.

    MIL OSI Africa –

    June 17, 2025
  • MIL-OSI Africa: Trident Energy Steps Up Regional Activity with Chief Executive Officer (CEO) to Speak at African Energy Week (AEW) 2025

    Jean-Michel Jacoulot, CEO of Trident Energy, has been confirmed to speak at African Energy Week (AEW) 2025: Invest in African Energies, taking place in Cape Town from September 29-October 3. Amid a period of dynamic expansion and production growth, Trident Energy continues to strengthen its position as a leading independent operator in Africa, with recent milestones in the Republic of Congo and Equatorial Guinea.

    The company recently reinforced its position as a leading independent player with major upstream acquisitions in the Republic of Congo. In 2024, Trident acquired a 31.5% non-operating stake in the Moho-Bilondo, Nkossa and Nsoko II fields from Chevron, alongside a 15.75% operating interest in the Lianzi field. This was followed by the acquisition of an additional 53.5% working interest in the Nkossa and Nsoko II fields from TotalEnergies, bringing Trident’s total stake to 85% and securing operatorship.

    These developments mark a turning point for Congo’s offshore sector. With operatorship now in hand, Trident has committed to ramping up production, optimizing existing infrastructure and driving reinvestment into these critical assets. The company is also advancing the Nkossa Gas Project – a major initiative centered on substantial gas potential to be monetized via FLNG – while actively assessing additional opportunities and partnerships that support its long-term growth strategy in the country.

    “Trident Energy is making bold moves that show what is possible when experienced leadership and technical expertise meet Africa’s energy potential,” said NJ Ayuk, Executive Chairman of the African Energy Chamber. “Their expansion in Congo is exactly the kind of strategic investment African markets need, and we look forward to hearing Jean-Michel Jacoulot’s vision at AEW 2025.”

    In Equatorial Guinea, Trident continues to deliver on its commitment to enhance long-term production. In late 2024, the company brought online the C-45 infill well at the Ceiba Field and Okume Complex – a milestone in its multi-phase development plan for offshore Block G. The next phase involves drilling the Akeng Deep ILX well in Block S, which is currently underway, with further discoveries targeted over the next three years. Trident is also making significant investments to reduce gas flaring in the country and is exploring additional prospects, including potential opportunities extending from Angola along the West African coast.

    AEW 2025 will serve as the premier platform for African and international stakeholders to connect, forge new deals and accelerate the continent’s energy future. As Trident Energy expands its footprint across West and Central Africa, Jacoulot’s participation will shed light on how upstream independents are driving value, resilience and growth in African oil and gas markets.

    AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

    Distributed by APO Group on behalf of African Energy Chamber.

    MIL OSI Africa –

    June 17, 2025
  • MIL-OSI China: Chinese referees Ma, Fu debut at 2025 Club World Cup

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

    Chinese referees Ma Ning and Fu Ming made their debut at the 2025 FIFA Club World Cup on Monday, officiating in Flamengo’s 2-0 victory over Tunisia’s Esperance de Tunis.

    In the Group D opener, Dutch referee Danny Makkelie served as the match referee, with Rob Dieperink acting as the Video Assistant Referee (VAR). Ma was assigned as the fourth official, while Fu took on the role of Assistant VAR (AVAR).

    The tournament features 35 referees, 58 assistant referees, and 24 VAR officials representing 41 FIFA member associations.

    Notably, no Chinese assistant referees were included in this year’s roster. Given FIFA’s usual practice of assigning referee teams from the same country or region, Ma’s opportunities to serve as a main referee may be limited.

    At the 2022 FIFA Club World Cup in Morocco, Ma made history by officiating the opening match between Egypt’s Al Ahly and New Zealand’s Auckland City. In that game, Zhou Fei and Zhang Cheng served as assistant referees, while Fu was also AVAR – marking the first time a Chinese referee team had officiated at FIFA’s premier club tournament.

    MIL OSI China News –

    June 17, 2025
  • India hosts first assembly of International Big Cat Alliance in Delhi

    Source: Government of India

    Source: Government of India (4)

    The first Assembly of the International Big Cat Alliance (IBCA), a global initiative envisioned by Prime Minister Narendra Modi for the conservation of big cats, was held in New Delhi on Monday. The meeting was chaired by Union Environment Minister Bhupender Yadav and attended by ministerial delegations from nine countries, including Bhutan, Cambodia, Eswatini, Guinea, India, Liberia, Suriname, Somalia, and Kazakhstan.

    In his address, Bhupender Yadav highlighted India’s global leadership in wildlife conservation under PM Modi’s guidance and called on big cat range countries to collaborate closely under the IBCA framework. He stressed the importance of collective action to protect the habitats of the seven major big cat species — Tiger, Lion, Leopard, Snow Leopard, Cheetah, Jaguar, and Puma.

    The Assembly unanimously endorsed Bhupender Yadav as the President and S.P. Yadav as the Director General of IBCA. It also ratified key documents, including the Headquarters Agreement with India, the Workplan, Rules of Procedure, and Financial Regulations, laying the groundwork for effective operations of the alliance.

    The IBCA, established by the Government of India through the National Tiger Conservation Authority in March 2024, comprises 95 range countries. It aims to create a global platform for conservation cooperation, knowledge sharing, and technical and financial support to halt the decline of big cat populations and safeguard biodiversity.

    The participating nations reaffirmed their commitment to the alliance’s goals and pledged to work collectively toward conserving these majestic species and securing the planet’s ecological future.

    June 17, 2025
  • India hosts first assembly of International Big Cat Alliance in Delhi

    Source: Government of India

    Source: Government of India (4)

    The first Assembly of the International Big Cat Alliance (IBCA), a global initiative envisioned by Prime Minister Narendra Modi for the conservation of big cats, was held in New Delhi on Monday. The meeting was chaired by Union Environment Minister Bhupender Yadav and attended by ministerial delegations from nine countries, including Bhutan, Cambodia, Eswatini, Guinea, India, Liberia, Suriname, Somalia, and Kazakhstan.

    In his address, Bhupender Yadav highlighted India’s global leadership in wildlife conservation under PM Modi’s guidance and called on big cat range countries to collaborate closely under the IBCA framework. He stressed the importance of collective action to protect the habitats of the seven major big cat species — Tiger, Lion, Leopard, Snow Leopard, Cheetah, Jaguar, and Puma.

    The Assembly unanimously endorsed Bhupender Yadav as the President and S.P. Yadav as the Director General of IBCA. It also ratified key documents, including the Headquarters Agreement with India, the Workplan, Rules of Procedure, and Financial Regulations, laying the groundwork for effective operations of the alliance.

    The IBCA, established by the Government of India through the National Tiger Conservation Authority in March 2024, comprises 95 range countries. It aims to create a global platform for conservation cooperation, knowledge sharing, and technical and financial support to halt the decline of big cat populations and safeguard biodiversity.

    The participating nations reaffirmed their commitment to the alliance’s goals and pledged to work collectively toward conserving these majestic species and securing the planet’s ecological future.

    June 17, 2025
  • Healthy crowds and Messi mania lift Club World Cup, but quality gap shows

    Source: Government of India

    Source: Government of India (4)

    The expanded Club World Cup has kicked off with healthy crowds, “Messi mania” and a festival atmosphere in Miami, giving an early vindication to world football body FIFA after fears of empty stands and global disinterest.

    FIFA controversially awarded Lionel Messi’s Inter Miami a backdoor route into the tournament, ensuring the sport’s biggest name would be there after he propelled soccer to new heights in a country often ambivalent to the world’s most popular game.

    Some 61,000 fans packed the Hard Rock Stadium on Saturday to watch the Argentine and teammates play Egyptian giants Al-Ahly in a goalless draw.

    Another strong crowd turned out on Sunday for the clash between Paris St Germain and Atletico Madrid, which ended in a one-sided 4-0 win for the Champions League winners.

    However, Bayern Munich’s 10-0 demolition of semi-professional Auckland City underscored the worrying gulf in quality between some of the competing clubs.

    But the opening weekend largely delivered what FIFA had hoped for: vibrant crowds and global representation.

    South American supporters made their presence especially felt.

    More than 1,000 Boca Juniors fans in blue and gold turned Miami Beach into a party strip on Sunday ahead of their opening match, singing club anthems and waving flags in scenes reminiscent of a World Cup carnival.

    “Wherever you go, Boca is here,” Gaston San Paul, a fan who flew in from Entre Rios in Argentina, told Reuters.

    “Wherever we are we do this,” he added, referring to the “Banderazo” (flag party), a fan gathering destined to mark territory ahead of a game.

    Boca and Real Madrid games were among the top early ticket sellers, according to FIFA, which said that top markets after the U.S. were Brazil, Argentina and Mexico.

    Talk of empty stands was at least provisionally dismissed as well as heightened anxiety in the immigrant-heavy Miami area following recent federal immigration raids.

    At the heart of the opening weekend buzz was Messi, whose presence has elevated Inter Miami’s profile and guaranteed global glamour for the tournament.

    $1 BILLION DEAL

    Messi, who received a standing ovation before kickoff, was unable to find the net against Al-Ahly but provided flashes of brilliance in a tightly contested, physical match.

    FIFA is banking not only on Messi’s star power but also on a radical new broadcast strategy. The tournament is being streamed for free worldwide by DAZN in a $1 billion deal.

    That agreement followed Saudi Arabia’s SURJ Sports Investment, a subsidiary of the country’s Public Investment Fund (PIF), acquiring a minority stake in DAZN for a reported $1 billion — another marker of the kingdom’s growing investment footprint in sport.

    The partnership, one of the largest broadcast packages in football history, is central to FIFA’s push to maximize digital engagement and position the Club World Cup as a global spectacle ahead of the 2026 World Cup in North America.

    The $1 billion prize money, which ensures a hefty $125 million for the winners, was an obvious incentive for the European clubs.

    “There’s a lot of money at stake. If you have the chance to earn a lot of money at a tournament, you should take the chance,” former Bayern legend Karl Heinz Rummenigge said in the run-up.

    DAZN has yet to provide viewership data.

    While the crowds gave FIFA reason to be cheerful, the Bayern Munich v Auckland City match raised awkward questions about the tournament’s balance as the German champions obliterated their opponents 10-0.

    Despite the lopsided contest in Cincinnati, the overall mood among organizers was one of optimism, calling the opening weekend a resounding success.

    Many Floridians, however, did not know a global soccer event was taking place in their state.

    “There is a World Cup? Hockey?,” said one person working in a restaurant in Miami Beach.

    “This tournament is new, and it is different. It is the very first time clubs and players from all over the world have had the chance to face each other in competitive matches on a global stage,” FIFA said, referring to the 32-club format after the previous editions featured seven.

    With group matches continuing through the week and Boca’s opener against Benfica expected to draw another bumper crowd in Miami later on Monday, FIFA will be hoping to build on the early momentum — and avoid more one-sided encounters like the one in Cincinnati as European teams appear to be a level above those from other continents’.

    (Reuters)

    June 17, 2025
  • MIL-OSI Russia: Foreign directors visited the Moskino cinema park and the Gorky Film Studio

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    Representatives from 20 countries gathered at the XIX International Media Forum of Young Journalists “Dialogue of Cultures”, which was held in Moscow in May. Bloggers, journalists, directors, producers, cameramen and correspondents visited the sites of the Moscow film cluster. They noted the support measures introduced by the Moscow Government for foreign filmmakers to attract them to the capital, including a rebate system – compensation for part of the costs of filming.

    The guests visited the main sites of the Moskino cinema park, including the Center of Moscow, Cowboy Town, Chroma Key, TU-154 Airplane, Berlin Streets, Moscow Cathedral Square and Prince Andrey’s Chambers, Far Eastern City, Moscow of the 1940s, Remote Village, and County Town, and assessed its scale and capabilities.

    Six new filming locations have appeared in the Moskino cinema parkThe largest natural chromakey in Europe is located in the Moskino cinema park

    “The most important feature of the cinema park is the large number of sites for creating projects on a variety of topics. Here you can shoot science fiction films using natural chroma key, and historical films, filming on the sites of “Cathedral Square”, “Streets of Berlin” and “Moscow of the 1940s”. Each set is made with authenticity and close attention to detail. This is a large-scale project that has no equal in Europe. Relations between Russia and India are strengthening and developing every year, so I hope that our partnership will bring interesting joint projects,” said director Arun Chadha from India.

    The international delegation also visited the oldest and largest film production company, the Gorky Film Studio, which is celebrating its 110th anniversary this year. By the end of 2025, its area will increase to 100 thousand square meters.

    “Moscow is a city where you can and should shoot films, there is everything for this. I really liked the sites of the Moscow film cluster, which I managed to visit, there are very few like it in other capitals of the world, I would even say, only a few. A unique project has been created in Moscow. We need to make films about this,” Serbian documentary filmmaker Milan Jankovic noted the uniqueness of the Moscow infrastructure for filming.

    He was supported by Turkish director Muhammet Beyazdag.

    “I am impressed by the meeting with Moskino and the capabilities of the Russian capital for creating film projects. The Moscow film cluster allows film industry professionals from all over the world to shoot films of any complexity, to implement any ideas. The city’s film sites amaze with their scale and uniqueness. I want to tell Turkish filmmakers about this,” Beyazdag Muhammet emphasized.

    Sobyanin told how virtual technologies simplify film shooting in MoscowSobyanin: Gorky Film Studio to Become Part of World-Class Film Cluster

    In early May, directors also visited the Moscow film cluster facilities Oliver Stone And Emir Kusturica, who plans to shoot his films in the Moskino cinema park.

    The Russian capital has provided support measures for foreign filmmakers. Since April 1, a grant has been in effect for the production of international films in Moscow. Film crews consisting of Moscow and foreign film companies can apply for it. Industry representatives will be able to reimburse up to 30 percent of film production costs. The maximum payment for one project will be 50 million rubles. The new support measure will expand the capabilities of the Moscow film cluster and make the city even more attractive to international market players.

    The Moskino cinema park is part of Sergei Sobyanin’s “Moscow – City of Cinema” project and an object of the Moscow cinema cluster, which is being developed by the capital Department of Culture. The first stage of creation has already been completed here: 24 natural sites, four pavilions and six infrastructure facilities have been built, including the sets “Center of Moscow”, “Moscow of the 1940s”, “Vitebsk Station”, “Cathedral Square of Moscow”, “County Town”, “Cowboy Town”, “St. Petersburg Bar” and others. On weekends and holidays, the cinema park hosts staged filming, concerts, music and film festivals, performances, meetings with filmmakers and professional master classes.

    The Moscow Film Cluster is an infrastructure facility, services and facilities for filmmakers, which are being developed by the Moscow Government within the framework of the Moscow — City of Cinema project. Its structure includes the Moskino film park, the Gorky Film Studio (sites on Sergei Eisenstein Street and Valdaisky Proyezd), the Moskino film factory, the Moskino cinema chain, the film commission and the Moskino film platform.

    Get the latest news quickly official telegram channelthe city of Moscow.

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

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

    https: //vv.mos.ru/nevs/ite/155342073/

    MIL OSI Russia News –

    June 17, 2025
  • MIL-Evening Report: Decoding PNG leader Marape’s talks with French President Macron

    ANALYSIS: By Scott Waide, RNZ Pacific PNG correspondent

    The recent series of high-level agreements between Papua New Guinea and France marks a significant development in PNG’s geopolitical relationships, driven by what appears to be a convergence of national interests.

    The “deepening relationship” is less about a single personality and more about a calculated alignment of economic, security, and diplomatic priorities with PNG, taking full advantage of its position as the biggest, most strategically placed island player in the Pacific.

    An examination of the key outcomes reveals a partnership of mutual benefit, reflecting both PNG’s strategic diversification and France’s own long-term ambitions as a Pacific power.

    A primary driver is the shared economic rationale. From Port Moresby’s perspective, the partnership offers a clear path to economic diversification and resilience.

    But many in PNG have been watching with keen interest and asking: how badly does PNG want this?

    While Prime Minister James Marape offered France a Special Economic Zone in Port Moresby (SEZ) for French businesses, he also named the lookout at Port Moresby’s Variarata National Park after President Emmanuel Macron drawing the ire of many in the country.

    The proposal to establish a SEZ specifically for French industries is a notable attempt to attract capital from beyond PNG’s traditional partners.

    Strategically coupled
    This is strategically coupled with securing the future of the multi-billion-dollar Papua LNG project.

    Macron’s personal undertaking to work with TotalEnergies to keep the project on schedule provides crucial stability for one of PNG’s most significant economic ventures.

    For France, these arrangements secure a major energy investment for its national corporate champion and establish a stronger economic foothold in a strategically vital region between Asia and the Pacific.

    In the area of security, the relationship addresses tangible needs for both nations.

    PNG is faced with the immense challenge of monitoring a 2.4 million sq km Exclusive Economic Zone, making it vulnerable to illegal, unreported, and unregulated (IUU) fishing.

    The finalisation of a Shiprider Agreement with France provides a practical force-multiplier, leveraging French naval assets to enhance PNG’s maritime surveillance capabilities. This move, along with planned defence talks on air and maritime cooperation, allows PNG to diversify its security architecture.

    For France, a resident power with Pacific territories like New Caledonia and French Polynesia, participating in regional security operations reinforces its role and commitment to stability in the Indo-Pacific.

    Elevating diplomatic influence
    The partnership is also a vehicle for elevating diplomatic influence.

    Port Moresby has noted the significance of engaging with a partner that holds permanent membership on the UN Security Council and seats at the G7 and G20.

    This alignment provides PNG with a powerful channel to global decision-making forums. The reciprocal move to establish a PNG embassy in Paris further cements the relationship on a mature footing.

    The diplomatic synergy is perhaps best illustrated by France’s full endorsement of PNG’s bid to host a future UN Ocean Conference. This support provides PNG with a major opportunity to lead on the world stage, while allowing France to demonstrate its credentials as a key partner to the Pacific Islands.

    This deepening PNG-France partnership does not exist in a vacuum.

    It is unfolding within a broader context of heightened geopolitical competition across the Pacific.

    The West’s view of China’s rapid emergence as a dominant economic and military force in the region has reshaped the strategic landscape, prompting traditional powers to re-engage with renewed urgency.

    increased diplomatic footprint
    The United States has responded by significantly increasing its diplomatic and security footprint, a move marked by Secretary of State Antony Blinken’s visit to Port Moresby to sign the Defence Cooperation Agreement.

    Similarly, Australia, PNG’s traditional security partner, is working to reinforce its long-standing influence through initiatives like the multi-million-dollar deal to establish a PNG team in its National Rugby League (NRL), a soft-power exercise reportedly linked to security outcomes.

    This competitive environment has, in turn, created greater agency for Pacific nations, allowing them to diversify their partnerships beyond old allies and providing a fertile ground for European powers like France to assert their own strategic interests.

    A strong foundation for the relationship is a shared public stance on environmental stewardship. The agreement on the need for rigorous scientific studies before any deep-sea mining occurs aligns PNG’s national policy with a position of environmental caution.

    This common ground extends to broader climate action, where France’s commitment to conservation in the Pacific resonates with PNG’s status as a frontline nation vulnerable to climate change.

    This alignment on values provides a durable and politically important basis for cooperation, allowing both nations to jointly advocate for climate justice and ocean protection.

    For the Papua New Guinea economy, this deepening partnership with France is critically important as it provides high-level stability for the multi-billion-dollar Papua LNG project and creates a direct pathway for new investment through a proposed SEZ for French businesses.

    Vital economic resource
    Furthermore, by moving to finalise a Shiprider Agreement to combat illegal fishing, the government is actively protecting a vital economic resource.

    For Marape’s credibility in local politics, these outcomes are tangible successes he can present to the nation as he battles a massive credibility dip in recent years.

    Securing a personal undertaking from the leader of a G7 nation, gaining support for PNG to host a future UN Ocean Conference, and enhancing national security demonstrates effective leadership on the world stage.

    This allows him to build a narrative of a competent statesman who, through “warm, personal relationships”, can deliver on promises of economic opportunity and national security while strengthening his political standing at home.

    MIL OSI Analysis – EveningReport.nz –

    June 17, 2025
  • MIL-Evening Report: Decoding PNG leader Marape’s talks with French President Macron

    ANALYSIS: By Scott Waide, RNZ Pacific PNG correspondent

    The recent series of high-level agreements between Papua New Guinea and France marks a significant development in PNG’s geopolitical relationships, driven by what appears to be a convergence of national interests.

    The “deepening relationship” is less about a single personality and more about a calculated alignment of economic, security, and diplomatic priorities with PNG, taking full advantage of its position as the biggest, most strategically placed island player in the Pacific.

    An examination of the key outcomes reveals a partnership of mutual benefit, reflecting both PNG’s strategic diversification and France’s own long-term ambitions as a Pacific power.

    A primary driver is the shared economic rationale. From Port Moresby’s perspective, the partnership offers a clear path to economic diversification and resilience.

    But many in PNG have been watching with keen interest and asking: how badly does PNG want this?

    While Prime Minister James Marape offered France a Special Economic Zone in Port Moresby (SEZ) for French businesses, he also named the lookout at Port Moresby’s Variarata National Park after President Emmanuel Macron drawing the ire of many in the country.

    The proposal to establish a SEZ specifically for French industries is a notable attempt to attract capital from beyond PNG’s traditional partners.

    Strategically coupled
    This is strategically coupled with securing the future of the multi-billion-dollar Papua LNG project.

    Macron’s personal undertaking to work with TotalEnergies to keep the project on schedule provides crucial stability for one of PNG’s most significant economic ventures.

    For France, these arrangements secure a major energy investment for its national corporate champion and establish a stronger economic foothold in a strategically vital region between Asia and the Pacific.

    In the area of security, the relationship addresses tangible needs for both nations.

    PNG is faced with the immense challenge of monitoring a 2.4 million sq km Exclusive Economic Zone, making it vulnerable to illegal, unreported, and unregulated (IUU) fishing.

    The finalisation of a Shiprider Agreement with France provides a practical force-multiplier, leveraging French naval assets to enhance PNG’s maritime surveillance capabilities. This move, along with planned defence talks on air and maritime cooperation, allows PNG to diversify its security architecture.

    For France, a resident power with Pacific territories like New Caledonia and French Polynesia, participating in regional security operations reinforces its role and commitment to stability in the Indo-Pacific.

    Elevating diplomatic influence
    The partnership is also a vehicle for elevating diplomatic influence.

    Port Moresby has noted the significance of engaging with a partner that holds permanent membership on the UN Security Council and seats at the G7 and G20.

    This alignment provides PNG with a powerful channel to global decision-making forums. The reciprocal move to establish a PNG embassy in Paris further cements the relationship on a mature footing.

    The diplomatic synergy is perhaps best illustrated by France’s full endorsement of PNG’s bid to host a future UN Ocean Conference. This support provides PNG with a major opportunity to lead on the world stage, while allowing France to demonstrate its credentials as a key partner to the Pacific Islands.

    This deepening PNG-France partnership does not exist in a vacuum.

    It is unfolding within a broader context of heightened geopolitical competition across the Pacific.

    The West’s view of China’s rapid emergence as a dominant economic and military force in the region has reshaped the strategic landscape, prompting traditional powers to re-engage with renewed urgency.

    increased diplomatic footprint
    The United States has responded by significantly increasing its diplomatic and security footprint, a move marked by Secretary of State Antony Blinken’s visit to Port Moresby to sign the Defence Cooperation Agreement.

    Similarly, Australia, PNG’s traditional security partner, is working to reinforce its long-standing influence through initiatives like the multi-million-dollar deal to establish a PNG team in its National Rugby League (NRL), a soft-power exercise reportedly linked to security outcomes.

    This competitive environment has, in turn, created greater agency for Pacific nations, allowing them to diversify their partnerships beyond old allies and providing a fertile ground for European powers like France to assert their own strategic interests.

    A strong foundation for the relationship is a shared public stance on environmental stewardship. The agreement on the need for rigorous scientific studies before any deep-sea mining occurs aligns PNG’s national policy with a position of environmental caution.

    This common ground extends to broader climate action, where France’s commitment to conservation in the Pacific resonates with PNG’s status as a frontline nation vulnerable to climate change.

    This alignment on values provides a durable and politically important basis for cooperation, allowing both nations to jointly advocate for climate justice and ocean protection.

    For the Papua New Guinea economy, this deepening partnership with France is critically important as it provides high-level stability for the multi-billion-dollar Papua LNG project and creates a direct pathway for new investment through a proposed SEZ for French businesses.

    Vital economic resource
    Furthermore, by moving to finalise a Shiprider Agreement to combat illegal fishing, the government is actively protecting a vital economic resource.

    For Marape’s credibility in local politics, these outcomes are tangible successes he can present to the nation as he battles a massive credibility dip in recent years.

    Securing a personal undertaking from the leader of a G7 nation, gaining support for PNG to host a future UN Ocean Conference, and enhancing national security demonstrates effective leadership on the world stage.

    This allows him to build a narrative of a competent statesman who, through “warm, personal relationships”, can deliver on promises of economic opportunity and national security while strengthening his political standing at home.

    MIL OSI Analysis – EveningReport.nz –

    June 17, 2025
  • MIL-OSI Africa: Beninese small business gain international presence and know-how

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

    Download logo

    Benin wants to grow its exports, especially by small businesses working in food and technology. The African country believes this is the best way to lift its economy from the ranks of least developed countries.

    A key milestone in that effort is the creation of a new Pôle Export, a platform that will make it easier for entrepreneurs to enter international markets.

    Pôle Export is the centrepiece of a project at the Interantional Trade Centre (ITC), which is working with both the government and with small businesses to boost the country’s exports.

    The government has created new Directorate for Export Promotion, known by its French acronym DPE. It sits within the Import and Export Promotion Agency (APIEx), but it’s more than an organizational change. It’s a new way of thinking about exports, with a targeted approach that focuses on agribusiness and digital trade.

    Since February, the Pôle Export is has its own director to coordinate its activities. A team of government trade exports has been assigned to support him, along with eight Beninese consultants recruited by ITC to build up their skills.

    Three advisors are focussed on priority export areas, including agribusinesses and textiles and clothing. Three others have already worked with 21 small business on their branding and e-commerce operations. Two more will provide DPE staff with training in market analysis tools. 

    The ITC work is under a project called Support to operationalize the APIEx Pôle Export, known simply as ProPex. The Embassy of the Netherlands funds the project, which began in February 2025. A steering committee meeting on 6 May marked ProPex’s official launch.

    The Export Promotion Directorate is the backbone of Benin’s ambitions to expand into international markets, offering targeted export support services tailored to priority sectors,’ said ITC country manager Ludmila Azo. ‘Through the PROPEX project, we aim to strengthen this institutional lever by providing it with the skills, tools and systems necessary to provide strategic and high-impact support to SMEs ready to export.’

    Upgrading digital services

    The APIEx website is being upgraded to include trade information tools, as well as a small business marketplace and sector-specific content.

    ProPex stands out because of how it centres participatory governance. Three thematic working groups structure their services within the National Export Strategy, which was also crafted with ITC support.

    Regular briefings between ITC, APIEx and other partners ensure close monitoring of progress. By focussing on sustainability and capitalization, ProPex is laying the foundation for a robust export ecosystem in Benin.

    – on behalf of International Trade Centre.

    MIL OSI Africa –

    June 17, 2025
  • MIL-OSI Africa: ‘We were only asking for our rights’: Tunisian authorities punish mobilization for socioeconomic and environmental rights

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

    Download logo

    Against the backdrop of a deepening cost of living and environmental crisis and despite repeatedly committing to upholding economic and social justice for the most disadvantaged, over the past five years Tunisia’s authorities have targeted individuals from marginalized and impoverished communities for peacefully protesting or striking over socioeconomic and environmental issues, Amnesty International said in a new report published today.  

    The report, ‘We were only asking for our rights and dignity’, highlights how Tunisia’s authorities have arrested, investigated or prosecuted people for peacefully protesting or striking over socioeconomic and environmental issues such as poor working conditions, pollution and access to water using vague charges of “obstruction.”    

    Between February 2020 and January 2025, the authorities have targeted at least 90 peaceful protesters, activists, trade unionists, and workers simply for exercising their rights to freedom of peaceful assembly, to form and join a union, and to organize and participate in strikes.

    “The right to freedom of peaceful assembly is fundamental to a thriving society and serves as a crucial means to strengthen human rights and protect workers’ rights,” said Sara Hashash, Deputy Regional Director for the Middle East and North Africa at Amnesty International.   

    “This report highlights a worrying pattern of unjust criminalization of peaceful activism, usually at a local level where communities or workers have mobilized for their basic socioeconomic or environmental rights. It is another, less visible, manifestation of the repression of peaceful dissent within a broader crackdown on human rights and the rule of law in Tunisia and further threatens civic space in the country. 

    “Instead of using vague ‘obstruction’ charges to stifle or punish expressions of peaceful dissent or dissatisfaction over basic rights related to environmental or labour-related concerns Tunisia’s authorities should be working to safeguard and uphold the right to freedom of peaceful assembly in line with their international human rights obligations.” 

    Amnesty International has investigated nine cases as illustrative examples of a wider pattern of criminalization of peaceful assemblies using “obstruction” charges, cases which are likely to be under-reported due to their localization, the lack of access to human rights organization by affected communities and the fear of reprisals from authorities and employers.  

    The organization interviewed 26 people, eight of their lawyers and four family members to document these cases involving the investigation, arrest or prosecution of 90 people using “obstruction” charges. These vaguely formulated provisions do not meet the principle of legality and do not proscribe an internationally recognized criminal offence.  

    The legal proceedings were initiated in reprisal against peaceful assemblies or union activism, often affiliated with the Tunisian General Labour Union (UGTT), and have sought to deter protesters and others from participating in future protests and strikes. Among those targeted, 16 were arrested and detained for periods ranging between three days and 20 months. Individuals targeted include residents and environmental rights activists who protested for their right to water and a healthy environment, and workers and unionists who organized protests and strikes over employment and working conditions.  

    As one striking female worker from a shoe factory in Kairouan stated: “It was the last straw, we decided to take action… We are not protected from chemicals we use in the factory… in the summer we have to work in very high temperatures; there is no water, no respect for our welfare… If you get sick you get a pay cut… You are dismissed if unable to work… There is always a lot of verbal abuse and insults.”  

    She described how they were summoned by police in November 2024 right before the constitutive meeting for a new union: “[They] wanted us to say that [we were] manipulated into doing something illegal, or that we had other suspicious motives, but there was no basis to it. We were only asking for our rights and our dignity.” 

    While most of the individuals concerned were convicted and sentenced to fines or suspended prison terms, or have not been detained pending trial, this pattern has a chilling effect on individuals considering voicing concerns over their social, economic, and environmental rights.  

    A local resident from the town of Bargou in the northern region of Siliana who participated in a protest about access to water in February 2023 stated: “It was barely a protest, we stood on the side of the road holding signs, there wasn’t any disruption. They [the police] summoned dozens of people for that’” 

    A local activist from the eastern region of Sfax, convicted for his involvement in an environmental protest movement in June 2023, told Amnesty International: “Everyone was taken to court. It was a way to silence us… to say close your mouth or you will go to prison”. 

    In February 2020, authorities summoned a group of women forestry maintenance workers in Sfax following a sit-in to protest their working conditions. Police asked them to sign statements in which they would commit not to protest again, infringing on their right to peaceful assembly.  

    Compounding this, in five of the cases documented, serious violations of the right to a fair trial and due process took place, including instances where defendants’ rights to information and adequate defense were denied.  

    In eight of the nine cases investigated, authorities used Article 136 of the Penal Code on “obstruction of work,” and in one case, they used Article 107 of the Penal Code on “obstruction of a public service.”  

    “Obstruction” charges have at times also been used as part of a set of charges brought against prominent political and civil society figures who expressed their opposition to President Kais Said, such as judge Anas Hmedi and opposition party leader Abir Moussi. 

    “The arbitrary application of these vaguely worded ‘obstruction’ legal provisions, coupled with fair trial violations, violates Tunisia’s international human rights obligations and sends a chilling message to anyone daring to speak out for their rights,” said Sara Hashash.  

    “Tunisia’s authorities must immediately quash convictions and drop charges in all cases relating t individuals’ participation in peaceful street protests and labour strikes. They must also repeal Articles 107 and 136 of the Penal Code or amend them in line with international human rights standards.” 

    Following President Kais Saied’s power grab on 25 July 2021, Tunisian authorities have escalated a wider crackdown on human rights including the right to freedom of expression and all forms of dissent, using repressive laws and unfounded charges to prosecute and arbitrarily detain political opponents, journalists, human rights defenders and civil society activists, lawyers and other perceived critics, while eroding judicial independence and the rule of law.  

    The rights to freedom of expression and peaceful assembly are guaranteed under the International Covenant on Civil and Political Rights (ICCPR) and the African Charter on Human and Peoples’ Rights, to which Tunisia is a state party. Under international human rights law, states have an obligation to tolerate temporary obstruction caused by a peaceful assembly, such as disruption of road traffic, pedestrian movements, or economic activity. The mere obstruction of movement or traffic cannot be equated with violence.

    – on behalf of Amnesty International.

    MIL OSI Africa –

    June 17, 2025
  • MIL-OSI Africa: Democratic Republic of the Congo (DRC): Human rights violations could amount to war crimes, UN experts say

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

    Download logo

    In the eastern Democratic Republic of the Congo (DRC), Rwandan-backed rebels, Congolese troops, and allied militias have all committed human rights abuses, some possibly amounting to war crimes, the UN High Commissioner for Human Rights said in Geneva on Monday.

    Volker Türk told the Human Rights Council that the investigation and analysis undertaken by his office, OHCHR, had revealed “an apparent total disregard for the protection of civilians during and after military operations.”

    The OHCHR’s Fact-Finding Mission in the eastern DRC is also investigating other alleged violations of international humanitarian law, “many of which may amount to war crimes,” he said.  

    Arbitrary Arrests

    After capturing cities and villages in early 2025, the M23 Rwanda-backed rebels arbitrarily arrested police officers and large numbers of other civilians, including children, the UN human rights office reported. 

    According to witnesses, those captured were, and are, still being held in “inhumane conditions,” and many were forcibly recruited into the ranks of the M23.  

    The Mission is also investigating alleged arbitrary arrests and enforced disappearances of suspected M23 supporters by the military intelligence arm of the DRC armed forces.  

    Extrajudicial Killings

    OHCHR also reported that members of the M23 carried out summary and extrajudicial executions, which likely amount to war crimes, said Mr. Türk.  

    The Mission is also investigating alleged summary executions by members of the DRC armed forces and DRC-backed Wazalendo militias.  

    UN human rights is also investigating reports of death threats, detention and other reprisals against human rights defenders, journalists, and members of civil society perceived as critical of the M23; including the alleged killings of at least two activists.  

    Sexual Violence

    The Mission received reports of “horrific” use of sexual violence by all parties as a means of reprisal against communities, relatives of perceived opponents, and people from other ethnic groups, said Mr. Türk.  

    In North and South Kivu, nearly 40 per cent of survivors of sexual and gender-based violence are children. The UN International Children’s Emergency Fund (UNICEF) estimated that during the most intense phase of the conflict, a child was raped every 30 minutes.  

    Mr. Türk called on “all parties to the conflict to commit immediately to a ceasefire and resume negotiations, and to respect international humanitarian and human rights law.”

    – on behalf of UN News.

    MIL OSI Africa –

    June 17, 2025
  • MIL-OSI: Bitget Joins UNICEF Game Changers Coalition to Provide Blockchain Education to 300K People in 2025

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles and LUXEMBOURG, June 17, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has entered a three-year partnership with UNICEF Luxembourg to advance digital skills and blockchain literacy among young people.

    The partnership enrolls Bitget into the Game Changers Coalition (GCC) led by UNICEF Office of Innovation (OOI). Support from Bitget will help reach 300,000 people – including adolescent girls, parents, mentors and teachers with blockchain skills – across eight countries; Armenia, Brazil, Cambodia, India, Kazakhstan, Malaysia, Morocco, and South Africa.

    Photo from Press Conference (from left to right): Paul Heber, Chief Communications Officer, UNICEF Luxembourg; Gracy Chen, CEO, Bitget; Yannick Naud, Innovative Finance, UNICEF Luxembourg

    Through the partnership, Bitget Academy, the educational arm of Bitget, will help develop UNICEF’s first interactive, online and in-person blockchain training module based on video games creation skills development for teachers and young people. This is a welcome inclusion to a curriculum already reaching hundreds of thousands of people. Support from Bitget will also help expand the Coalition’s reach to a ninth country.

    “This partnership reflects our shared belief that digital skills are a powerful driver of opportunity and inclusion,” said Sandra Visscher, Executive Director of UNICEF Luxembourg. “By collaborating with Bitget, we want to provide adolescents and young people with the tools, knowledge, and confidence to shape their own futures. Innovation should be a force for inclusion, opening doors, broadening horizons, and ensuring that technology works for everyone, everywhere.”

    In a move to extend the ecosystem’s reach, Bitget will also aim to introduce UNICEF to leading blockchain protocols and developers from across the Web3 landscape to participate in the educational initiative. These contributors could serve as mentors and partners, offering diverse perspectives and possibilities for blockchain technologies.

    “Emerging technologies should not be reserved for the privileged few—they must be introduced early and equitably. Blockchain, with its real-world use case and potential for social good, is one of the most powerful tools we can give to our younger generation to build products that change the way we look at modern society. With Blockchain4Her, what began as a mission to empower hundreds of women has scaled into a global movement to educate thousands of girls. This is the kind of scale and impact blockchain was built for,” said Gracy Chen, CEO at Bitget.

    Every year, adolescent girls and young women in low and middle-income countries miss out on USD 15 billion in economic opportunities due to a gap in internet access and digital skills relative to their male peers. With 90 per cent of jobs today requiring digital competencies, the Game Changers Coalition responds to the urgency of closing the gender digital skills gap.

    Together, Bitget and UNICEF are working to build a scalable, inclusive model that equips young women with the tools to navigate and shape the digital economy of tomorrow.

    As part of the Game Changers Coalition, Bitget joins the Global Video Game Coalition, Micron Foundation and ecosystem builders – Women in Games in a shared ambition to reach 1.1 million girls by 2027, with learning and skills-building opportunities.

    With the help of Bitget Academy, and support from the $10M initiative Blockchain4Her, Bitget plans to enhance digital literacy and financial independence among women taught to them at a young age.

    Bitget’s Blockchain4Her initiative has previously supported women through mentorship programs, funding opportunities, and educational resources.

    Together, Bitget and UNICEF Luxembourg aim to empower a new generation of girls with the knowledge and skills they need to participate actively in the evolving crypto economy.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.

    Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist), and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to allocate only funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

    Bitget

    This is not the first time Bitget has worked with an UN agency. Gracy Chen, is a UN women delegate. During last Ramadan, Bitget partnered up with world-renowned humanitarian organizations, including the UN Refugee Agency, UN World Food Programme, ShareTheMeal, and the One Billion Meals Endowment to donate thousands of meals. Under $10M Blockchain4Her, promising projects led by women were supported and awards were rewarded for the inspiring contributions of more. Hosting over 10 meetups globally, more than a thousand women participated in networking, learning, and driving innovation in the blockchain space.

    About UNICEF

    UNICEF works in over 190 countries and territories to reach the most disadvantaged children and build a better world for every child.
    UNICEF Luxembourg supports this global mission by mobilizing private sector partnerships and voluntary contributions. It also advocates nationally to uphold children’s rights—focusing on reducing inequalities, promoting gender equality, tackling child poverty, supporting mental well-being, and improving access to justice for every child.

    Disclaimer: UNICEF does not endorse any company, brand, product or service. This partnership is focused solely on supporting education outcomes for children.

    For more information, visit: Website | Facebook | Instagram | x.com | LinkedIn
    For media inquiries, please contact: UNICEF Luxembourg, Paul Heber, Chief Communication | T (+352) 448715 | M (+352)691198105 | pheber@unicef.lu

    About the Game Changers Coalition
    Building on UNICEF’s existing work of providing girls with digital and 21st-century skills through the Skills4Girls portfolio, spanning 22 countries and reaching close to 6 million girls, the Game Changers Coalition is UNICEF’s platform to convene the video gaming sector and tech industry with the aim to equip this and coming generation of girls with the skills they need and want in Science, Technology, Engineering, Arts and Math (STEAM) to become coders, designers, and leaders of a more inclusive, diverse, and safer digital future.

    Find out more here.

    Photos accompanying this announcement are available at:
    https://www.globenewswire.com/NewsRoom/AttachmentNg/0daf6ba6-21cd-44dc-a7f0-fee2a8efbf28
    https://www.globenewswire.com/NewsRoom/AttachmentNg/d0a53fb7-9043-4464-af17-4ac1043cd304

    The MIL Network –

    June 17, 2025
  • MIL-OSI Africa: Joint statement by Arab and Islamic countries affirms the necessity of halting Israeli hostilities against Iran and returning to the path of negotiations

    Source: Government of Qatar

    Doha – June 16, 2025

    In light of the rapidly evolving regional developments and the unprecedented escalation of tensions in the Middle East, particularly owing to the ongoing military aggression of Israel against the Islamic Republic of Iran, the Foreign Ministers of the State of Qatar, People’s Democratic Republic of Algeria, the Kingdom of Bahrain, Brunei Darussalam, the Republic of Chad, the Union of the Comoros, the Republic of Djibouti, the Arab Republic of Egypt, the Republic of Iraq, the Hashemite Kingdom of Jordan, the State of Kuwait, the State of Libya, the Islamic Republic of Mauritania, the Islamic Republic of Pakistan, the Kingdom of Saudi Arabia, the Federal Republic of Somalia, the Republic of the Sudan, the Republic of Türkiye, the Sultanate of Oman, and the United Arab Emirates hereby affirm the following:

    •⁠  ⁠The categorical rejection and condemnation of Israel’s recent attacks on the Islamic Republic of Iran since the 13th of June 2025, and any actions that contravene international law and the purposes and principles of the Charter of the United Nations, while emphasizing the necessity of respecting the sovereignty and territorial integrity of states, adhering to the principles of good neighbourliness, and the peaceful settlement of disputes.

    •⁠  ⁠The imperative need to halt Israeli hostilities against Iran, which come during a time of increasing tension in the Middle East, and to work towards de-escalation, to achieve a comprehensive ceasefire and restoration of calm, while expressing great concern regarding this dangerous escalation, which threatens to have serious consequences on the peace and stability of the entire region.

    •⁠  ⁠The urgent necessity of establishing a Middle East Zone Free of Nuclear Weapons and Other Weapons of Mass Destruction, which shall apply to all States in the region without exception in line with relevant international resolutions, as well as the urgent need for all countries of the Middle East to join the Treaty on the Non-Proliferation of Nuclear Weapons (NPT).

    •⁠  ⁠The paramount importance of refraining from targeting nuclear facilities that are under International Atomic Energy Agency (IAEA) safeguards, in accordance with relevant IAEA resolutions and United Nations Security Council decisions, as such acts constitute a violation of international law and international humanitarian law, including the 1949 Geneva Conventions.

    •⁠  ⁠The urgency of a swift return to the path of negotiations as the only viable means to reach a sustainable agreement regarding the Iranian nuclear program.

    •⁠  ⁠The importance of safeguarding the freedom of navigation in international waterways per the relevant rules of international law, and refraining from undermining maritime security.

    •⁠  ⁠That diplomacy, dialogue, and adherence to the principles of good neighbourliness, in accordance with international law and the UN Charter, remain the only viable path to resolving crises in the region, and that military means cannot bring about a lasting resolution to the ongoing crisis.

    MIL OSI Africa –

    June 17, 2025
  • MIL-Evening Report: The 2025 Sydney Film Festival reminded me: there is nothing like a bunch of strangers assembling in the dark

    Source: The Conversation (Au and NZ) – By Ari Mattes, Lecturer in Communications and Media, University of Notre Dame Australia

    Redux Redux. Sydney Film Festival

    In an era of the atomisation of viewing practices through streaming, increasingly short, self-produced videos for TikTok and YouTube, and the reduction of all audiovisual material to “content” for various “platforms”, there is something refreshing about a bunch of strangers assembling in a dark room to collectively watch a giant screen with massive sound.

    In other words, going to the movies.

    And there’s no better place to see films limited in mainstream release than at film festivals. The standard of the films screening at this year’s Sydney Film Festival was exceptional, and it is difficult to select a top five out of the 40 or so I managed to see. But here goes!

    Sirât

    Produced by Pedro Almodovar, writer-director Oliver Laxe’s Sirât, which recently won the Jury Prize at Cannes, follows middle-aged Luis (Sergi López) as he travels with his son Esteban (Bruno Núñez Arjona) and their dog Pipa looking for his estranged daughter in the desert rave scene. They team up with a group of ravers and set off across Southern Morocco towards the next party.

    Early on, there are some hints that things are awry on a broader scale – the military break up the opening doof, and we hear, at one point, World War III has broken out.

    And as the film unfolds, things take a turn for the worse, with a litany of tragedies – increasingly absurd – afflicting the members of the group. The vaguely futuristic world of the opening crystallises into something much more terrifying than the kind of shrill cinematic post-apocalypticism we’ve become used to through films like Fury Road.

    What begins as a kind of paean to raving – replete with bass-thumping speakers (cranked in theatres to eardrum pounding loudness), a “cool” crew of trippers, and an emphasis on the free lives of the ravers (played by real-life party-goers) – rapidly descends into a wild existential nightmare. And the idea that life is a kind of free consumerist party for westerners is viciously dismembered in the second half: we are all refugees in this era.

    Sirât is a masterpiece. Its stunning 16mm film images (courtesy of cinematographer Mauro Herve) are complemented by exceptional sound design by Laia Casanova, a majesty of image and sound demanding to be experienced in a cinema.

    Somebody

    Written and directed by Lee Jung-chan and Kim Yeo-jung, the South Korean film Somebody is a puzzling, intense psycho drama about precociously evil child So-hyun (Gi So-yoo) and the pressures this places on her single mother Yeong-eun (Kwak Sun-young).

    An unsettling horror thriller, the film also plays like a study of the evil child archetype. It works through the genre’s cliches, unpicking them while eschewing the usual evil-kid scares in favour of looking at the complex interplay between and ambiguity around the image of child as brat/evil and mother as caring/enabler.

    In the first half, the point of view oscillates between an image of the child as evil and the child as scared. In the second half, the evil child has grown up, and we follow her towards the film’s brutal (and unexpected) ending.

    And this is where Somebody excels. It taps into the fear of parents that their children are alien parasites – who is this stranger now living off me? – but also the difficulties for children in feeling isolated and scared.

    Somebody is a deeply sad and troubling film, buoyed by excellent performances from adults and children alike. In real life, the idea that a kid would be born evil is preposterous, but it’s a movieland cliché that works. Somebody addresses this idea with a genuinely impressive vision.

    Harvest

    Athina Rachel Tsangari’s Harvest is a melancholic, elegiac film set in a rural community in Scotland in the Middle Ages. When the economic harmony of the village is disrupted by the advent of a new noble, three wandering strangers are mercilessly scapegoated, despite the efforts of villager Walter Thirsk (Caleb Landry Jones, in a beautifully understated performance) to protect them.

    Despite the turmoil it depicts, the film unfolds as gently as the familiar rhythms of the seasons.

    Cinematographer Sean Price Williams’ 16mm images are uncannily beautiful, supported by an astonishing score and sound design from Nicolas Becker.

    This fable about the ravages of modernity (recalling Vincent Ward’s The Navigator) – of the violence of calendar time as it overcomes the time of the harvest – is exceptional in every respect.

    Not much happens. It’s a slow-moving, brooding film, and it would not be nearly as compelling seen on a small screen. But for those of us willing to make a trip to the movies, Harvest is immensely satisfying.

    Redux Redux

    Part of the eternally rousing Freak Me Out strand of the program from film critic Richard Kuipers, Kevin and Matthew McManus’ Redux Redux is the kind of high concept film that could easily depend too much on its ingenious conceit (a woman travels throughout the multiverse repeatedly avenging the murder of her daughter) and forget about the stuff that actually makes films work (coherent, striking visual design, immersive sound and compelling performances).

    But Redux Redux gets everything right, maintaining its iron grip on the viewer from the opening title card to the closing credits. Michaela McManus – sister of the writer-directors – is brilliant as the grieving, vengeful mother, playing the part with a staid intensity that never tips into hysteria or melodrama.

    There are some funny moments – the amusingly lowbrow design of the multiverse machine, for example. But the film never feels like it plays too hard for laughs. Paul Koch’s synth music and sound design are richly atmospheric without coming off as trite, and perfectly support the crisp, economical cinematography of Alan Gwizdowski.

    The most impressive thing about the film is the effortlessness with which the story feels like it develops throughout – even though the plot, on the surface, involves the same thing being repeated ad nauseam.

    Unlike, for example, in the case of the multiverse-themed Everything Everywhere All at Once, Redux Redux never comes across as self-indulgent, clever for its own sake. It never feels like anything other than a compulsively watchable – and immensely pleasurable – revenge thriller.

    Alpha

    Writer-director Jan-Willem van Ewijk’s Alpha begins as a lightly comedic intergenerational social satire.

    Thirty-something Rein (Reinout Scholten van Aschat), a Dutch snowboarder in the Swiss alps, clashes with his movie-star father, Gijs (Gijs Scholten van Aschar), when Gijs visits him. Gijs flirts with Rein’s girlfriend, asks inappropriate questions about race, and parties with his son’s friends, all the time escalating the stakes, becoming increasingly overbearing and competitive.

    It’s funny and familiar fare, treading similar terrain to a Ruben Östland film, and it’s well-done. Pairing a real life father and son is a casting act of genius, adding both pathos and authenticity to their competition.

    Similar to Sirât, Alpha takes a sudden turn at the mid-way point. Father and son are trapped in an avalanche. It becomes a race against time as son tries to rescue father in a gruelling battle for survival.

    Its brutal second half completely detonates the entire scaffold of our pleasure from the first half. Testament to the craft of van Ewijk (and the talent of the stars), this radical change in tone never feels incoherent or contrived.

    By the end of Alpha, the petty dick-swinging of father and son from the first half – and the energetic (and well-shot) skiing footage – becomes nothing before the austere, cold majesty of the mountains looming over and entrapping them.

    Alpha is a masterclass in audience manipulation. A truly devastating experience for the viewer.

    Other notable films – and one dud!

    There were too many excellent films to note them all. Some include master auteur Christian Petzold’s Mirrors No. 3, a film – typical of Petzold – of people haunted by ghosts of lives lost and faded desires, an understated film which – again, customary for Petzold’s work – has an enigmatic air one can’t quite put one’s finger on.

    Kleber Mendonça Filho’s The Secret Agent was another standout: a fun, rollicking romp for cinephiles about political machinations in Brazil in the 1970s.

    Richard Linklater’s Blue Moon, a biopic of American songwriter Lorenz Hart, had a charmingly goofy affect, as did Vie Privée, a breezy French thriller starring Jodie Foster as a psychoanalyst caught up in a mystery.

    Olmo, which could easily have made the top five, is a charming coming of age odyssey about a Mexican-American 14-year-old going to a party with his crush. The Love That Remains is a stunningly shot, surreal comedy about the trials and tribulations of an Icelandic family.

    As per usual, some exceptional documentaries screened. Joh: The Last King of Queensland made by Kriv Stenders (better known for narrative works like Red Dog), is a formally compelling study of the reign of Australia’s longest serving premier.

    The Raftsmen is an uplifting crowd-pleaser about the expedition from Ecuador to Australia that captivated the public’s attention in 1973. The film is built around an exceptional archive of contemporaneous 16mm footage shot by the rafters.

    Lowland Kids, produced by Darren Aronofsky, is a carefully observed documentary about a community in Louisiana forced to relocate because of climate change. This tender film counterpoints the grim reality of global warming with the individual disappointments of the characters’ personal lives.

    The only truly execrable film I saw was Michel Franco’s Dreams, a hokey, profoundly dumb film masquerading as something cutting edge (wow – there’s sex, and the camera doesn’t move much), cashing in on topical problems in the United States. Worst of all – and despite ballet sequences, which are always good to watch – it’s a very ugly film.

    Given the mediocre quality of much contemporary Hollywood cinema, one dud out of 40 isn’t too bad!

    Ari Mattes does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. The 2025 Sydney Film Festival reminded me: there is nothing like a bunch of strangers assembling in the dark – https://theconversation.com/the-2025-sydney-film-festival-reminded-me-there-is-nothing-like-a-bunch-of-strangers-assembling-in-the-dark-259032

    MIL OSI Analysis – EveningReport.nz –

    June 17, 2025
  • PM Modi arrives in Calgary for G7 Summit

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi arrived in Calgary, Canada on Tuesday (local time) to participate in the G7 Summit, where he will meet with global leaders and share India’s views on key international challenges.
     
    As part of his ongoing three-nation tour — which began in Cyprus and will conclude in Croatia — PM Modi said that he would highlight the concerns of the Global South during the Summit. In a post on X, the Prime Minister said, “Landed in Calgary, Canada, to take part in the G7 Summit. Will be meeting various leaders at the Summit and sharing my thoughts on important global issues. Will also be emphasising the priorities of the Global South.”
     
    Ministry of External Affairs spokesperson Randhir Jaiswal said that PM Modi will participate in G7 discussions on the future of energy security. These discussions will focus on diversification, technological innovation, infrastructure, and investment, aimed at ensuring access and affordability in a changing global landscape.
     
    “At the invitation of PM @MarkJCarney, PM @narendramodi arrives in Alberta, Canada for the G7 Summit,” Jaiswal wrote on X. “PM will be participating in @G7 discussions on energy security… and will also hold several bilateral meetings on the sidelines.”
     
    PM Modi’s arrival in Canada comes at a time of diplomatic recalibration between the two nations, following a period of strained relations.
     
    Other invitees to the G7 meeting are Presidents Volodymyr Zelensky of Ukraine, Claudia Sheinbaum of Mexico, Luiz Inacio Lula da Silva of Brazil, and Lee Jae-Myung of South Korea, and Prime Ministers Anthony Albanese of Australia and Cyril Ramaphosa of South Africa.
     
    The G7 Summit is an annual gathering of leaders from the United States, United Kingdom, France, Germany, Japan, Italy, Canada, and the European Union. This year’s edition marks PM Modi’s sixth straight attendance at the Summit.
     
    (ANI)
    June 17, 2025
  • PM Modi arrives in Calgary for G7 Summit

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi arrived in Calgary, Canada on Tuesday (local time) to participate in the G7 Summit, where he will meet with global leaders and share India’s views on key international challenges.
     
    As part of his ongoing three-nation tour — which began in Cyprus and will conclude in Croatia — PM Modi said that he would highlight the concerns of the Global South during the Summit. In a post on X, the Prime Minister said, “Landed in Calgary, Canada, to take part in the G7 Summit. Will be meeting various leaders at the Summit and sharing my thoughts on important global issues. Will also be emphasising the priorities of the Global South.”
     
    Ministry of External Affairs spokesperson Randhir Jaiswal said that PM Modi will participate in G7 discussions on the future of energy security. These discussions will focus on diversification, technological innovation, infrastructure, and investment, aimed at ensuring access and affordability in a changing global landscape.
     
    “At the invitation of PM @MarkJCarney, PM @narendramodi arrives in Alberta, Canada for the G7 Summit,” Jaiswal wrote on X. “PM will be participating in @G7 discussions on energy security… and will also hold several bilateral meetings on the sidelines.”
     
    PM Modi’s arrival in Canada comes at a time of diplomatic recalibration between the two nations, following a period of strained relations.
     
    Other invitees to the G7 meeting are Presidents Volodymyr Zelensky of Ukraine, Claudia Sheinbaum of Mexico, Luiz Inacio Lula da Silva of Brazil, and Lee Jae-Myung of South Korea, and Prime Ministers Anthony Albanese of Australia and Cyril Ramaphosa of South Africa.
     
    The G7 Summit is an annual gathering of leaders from the United States, United Kingdom, France, Germany, Japan, Italy, Canada, and the European Union. This year’s edition marks PM Modi’s sixth straight attendance at the Summit.
     
    (ANI)
    June 17, 2025
  • MIL-OSI Russia: Guinea-Bissau President Inaugurates China-Funded Highway

    Translation. Region: Russian Federal

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

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

    BISSAU, June 17 (Xinhua) — Guinea-Bissau President Oumarou Sisoko Embalo on Monday attended the opening ceremony of an 8.2-km expressway connecting the capital Bissau with its suburb of Safim.

    The highway was built by the Chinese company Longjian Road

    “This is a symbol of the strong friendship, solidarity and continuous cooperation between Guinea-Bissau and China,” said U.S. Embalo during the inauguration of the infrastructure.

    Chinese Ambassador to Bissau Yang Renhuo reaffirmed China’s readiness to continue supporting Guinea-Bissau in its development projects. –0–

    MIL OSI Russia News –

    June 17, 2025
  • India well positioned to regain strong export growth as global trade conditions likely to stabilize in H2 of 2025: Experts

    Source: Government of India

    Source: Government of India (4)

    India’s trade performance in May 2025 has shown strength and stability despite uncertain global conditions, according to views shared by industry experts and economists. FIEO President S C Ralhan highlighted that India’s total exports, including goods and services, increased by 2.8 per cent to USD 71.12 billion in May 2025, up from USD 69.20 billion in May 2024. The growth was mainly driven by services such as software, consultancy, and financial services.

    Even though merchandise exports dipped slightly to USD 38.73 billion, the continued service momentum helped support overall performance.”Exporters are adapting well to a tough global environment,” said Ralhan. “The ability to sustain export growth despite logistical disruptions, especially in the Middle East, is a testament to the sector’s agility and policy support. “On the import front, merchandise imports eased to USD 60.61 billion, while overall imports (goods and services) stood at USD 77.75 billion, down from USD 78.55 billion in May 2024.

    He added, “With appropriate policy interventions and global conditions expected to stabilise in the second half of 2025, India is well-positioned to regain a strong export growth trajectory”. Pankaj Chadha, Chairman of EEPC India, stated that the engineering exports sector has managed to stay steady despite continued international challenges.

    While there was a minor decline of 0.8 per cent in engineering goods exports in May 2025, down to USD 9.89 billion from USD 9.97 billion in the same month last year, the overall numbers remain encouraging. He said, “Overall global situation, however, remains volatile. Uncertainty has only been mounting due to geopolitical tensions in key parts of the world.

    The latest Israel-Iran conflict threatens to multiply the challenges for the exporting community. Apart from a rise in input costs as a result of a jump in crude prices, there is heightened concern around the blocking of the Straits of Hormuz by Iran in case tensions further intensify.

    Aditi Nayar, Chief Economist at ICRA, noted that India’s merchandise trade deficit reduced significantly to USD 21.9 billion in May 2025 from USD 26.4 billion in April. This is expected to help contain the current account deficit (CAD) for Q1 FY2026 to around USD 13 billion, or 1.3 per cent of GDP.

    She said, “If crude oil prices average around USD 75/barrel over the remainder of this fiscal, we foresee the CAD at 1.2-1.3 per cent of GDP for FY2026. While India’s exports contracted slightly in May 2025, this was entirely led by oil exports. Non-oil exports posted a YoY growth for the second consecutive month, led by electronic goods, garments, organic and inorganic chemicals, and marine products, which helped to moderate the trade deficit. Further, the YoY contraction in oil and gold imports helped to contain the merchandise trade deficit”. (ANI)

    June 17, 2025
  • India well positioned to regain strong export growth as global trade conditions likely to stabilize in H2 of 2025: Experts

    Source: Government of India

    Source: Government of India (4)

    India’s trade performance in May 2025 has shown strength and stability despite uncertain global conditions, according to views shared by industry experts and economists. FIEO President S C Ralhan highlighted that India’s total exports, including goods and services, increased by 2.8 per cent to USD 71.12 billion in May 2025, up from USD 69.20 billion in May 2024. The growth was mainly driven by services such as software, consultancy, and financial services.

    Even though merchandise exports dipped slightly to USD 38.73 billion, the continued service momentum helped support overall performance.”Exporters are adapting well to a tough global environment,” said Ralhan. “The ability to sustain export growth despite logistical disruptions, especially in the Middle East, is a testament to the sector’s agility and policy support. “On the import front, merchandise imports eased to USD 60.61 billion, while overall imports (goods and services) stood at USD 77.75 billion, down from USD 78.55 billion in May 2024.

    He added, “With appropriate policy interventions and global conditions expected to stabilise in the second half of 2025, India is well-positioned to regain a strong export growth trajectory”. Pankaj Chadha, Chairman of EEPC India, stated that the engineering exports sector has managed to stay steady despite continued international challenges.

    While there was a minor decline of 0.8 per cent in engineering goods exports in May 2025, down to USD 9.89 billion from USD 9.97 billion in the same month last year, the overall numbers remain encouraging. He said, “Overall global situation, however, remains volatile. Uncertainty has only been mounting due to geopolitical tensions in key parts of the world.

    The latest Israel-Iran conflict threatens to multiply the challenges for the exporting community. Apart from a rise in input costs as a result of a jump in crude prices, there is heightened concern around the blocking of the Straits of Hormuz by Iran in case tensions further intensify.

    Aditi Nayar, Chief Economist at ICRA, noted that India’s merchandise trade deficit reduced significantly to USD 21.9 billion in May 2025 from USD 26.4 billion in April. This is expected to help contain the current account deficit (CAD) for Q1 FY2026 to around USD 13 billion, or 1.3 per cent of GDP.

    She said, “If crude oil prices average around USD 75/barrel over the remainder of this fiscal, we foresee the CAD at 1.2-1.3 per cent of GDP for FY2026. While India’s exports contracted slightly in May 2025, this was entirely led by oil exports. Non-oil exports posted a YoY growth for the second consecutive month, led by electronic goods, garments, organic and inorganic chemicals, and marine products, which helped to moderate the trade deficit. Further, the YoY contraction in oil and gold imports helped to contain the merchandise trade deficit”. (ANI)

    June 17, 2025
  • Will share my thoughts on important global issues, says PM Modi ahead of G7 Summit

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi arrived in Calgary, Canada on Tuesday (local time) to participate in the G7 Summit, where he will meet with global leaders and share India’s views on key international challenges.
     
    As part of his ongoing three-nation tour — which began in Cyprus and will conclude in Croatia — PM Modi said that he would highlight the concerns of the Global South during the Summit. In a post on X, the Prime Minister said, “Landed in Calgary, Canada, to take part in the G7 Summit. Will be meeting various leaders at the Summit and sharing my thoughts on important global issues. Will also be emphasising the priorities of the Global South.”
     
    Ministry of External Affairs spokesperson Randhir Jaiswal said that PM Modi will participate in G7 discussions on the future of energy security. These discussions will focus on diversification, technological innovation, infrastructure, and investment, aimed at ensuring access and affordability in a changing global landscape.
     
    “At the invitation of PM @MarkJCarney, PM @narendramodi arrives in Alberta, Canada for the G7 Summit,” Jaiswal wrote on X. “PM will be participating in @G7 discussions on energy security… and will also hold several bilateral meetings on the sidelines.”
     
    PM Modi’s arrival in Canada comes at a time of diplomatic recalibration between the two nations, following a period of strained relations.
     
    Other invitees to the G7 meeting are Presidents Volodymyr Zelensky of Ukraine, Claudia Sheinbaum of Mexico, Luiz Inacio Lula da Silva of Brazil, and Lee Jae-Myung of South Korea, and Prime Ministers Anthony Albanese of Australia and Cyril Ramaphosa of South Africa.
     
    The G7 Summit is an annual gathering of leaders from the United States, United Kingdom, France, Germany, Japan, Italy, Canada, and the European Union. This year’s edition marks PM Modi’s sixth straight attendance at the Summit.
     
    (ANI)
    June 17, 2025
  • MIL-OSI China: China donates medical equipment, supplies to Ghanaian hospital

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

    Chinese Ambassador to Ghana Tong Defa (C-R) hands over a medical device to Ghana’s Health Minister Kwabena Mintah Akandoh (C-L) during a donation ceremony at Lekma Hospital in Accra, Ghana, on June 16, 2025. [Photo/Xinhua]

    The Chinese government, through its 14th medical team to Ghana and in collaboration with the local Chinese business community, on Monday donated a range of medical equipment and supplies to Lekma Hospital in Accra, Ghana’s capital, to enhance healthcare services.

    The donation, including ultrasound devices, transducers, surgical instruments, and other medical tools, is expected to boost the hospital’s diagnostic and treatment capacity.

    Chinese Ambassador to Ghana Tong Defa described the gesture as another concrete support and action of love from the Chinese government and people to Ghana.

    “Healthcare cooperation is one of the key areas in China-Ghana relations. China is pleased to see that, through joint efforts, both sides have achieved fruitful results in epidemic prevention and control, vaccine rollout, and public health capacity building,” Tong said at the donation ceremony.

    Ghana’s Health Minister Kwabena Mintah Akandoh welcomed the donation as another shining example of the Ghana-China collaboration and “an enduring testament to the strength of our partnership.”

    Akandoh lauded the Chinese government for sending 14 medical teams to Ghana since 2009.

    As Ghana seeks to achieve universal health coverage by 2030, the minister said cooperation with China remains vital. “When we talk about herbal medicine, innovation, infrastructure, and financing facilities, it is China that comes to mind,” he said.

    Yang Yongguang, head of the 14th Chinese medical team to Ghana, said, “We stand ready to deepen the China-Ghana health cooperation through technology and resources, working hand-in-hand to forge a broad path towards health for all and shared prosperity.”

    MIL OSI China News –

    June 17, 2025
  • MIL-OSI China: Gaza internet outage ends, killings of food-seeking civilians continue

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

    Palestinians are seen in the Sudaniya area, northern Gaza City, on June 12, 2025. [Photo/Xinhua]

    The internet outage which paralyzed humanitarian aid in Gaza has ended, but the famine threat and the killings of food-seeking Palestinians continue as fuel dips critically low, UN humanitarian said on Monday.

    The UN Office for the Coordination of Humanitarian Affairs (OCHA) said telecommunications cables in Gaza were repaired over the weekend, allowing internet services to resume after days of complete outage.

    The office said that the cut-off halted most aid operation communications and the ability of many Gazans to receive safety warnings and evacuation orders from the Israeli authorities.

    OCHA said communications were restored after the Israeli authorities allowed access for telecommunications company teams to repair damaged cables, following repeated denials.

    Partners reported on Monday that there was another outage in central and southern Gaza, but urgent repairs were coordinated between the repair teams and the authorities to restore connectivity.

    The humanitarian office said that attacks on civilians continued, including the reported killing and injury of people seeking food or other aid from the militarized distribution centers run by Israel-backed Gaza Humanitarian Foundation. Partners working on child protection say several children were temporarily separated from their families due to mass movements around the hubs. The partners are working to reduce risks for children near the depots.

    OCHA said life-saving aid must reach people in need in line with humanitarian principles, and humanitarians must be allowed to do their work. More essential supplies must be allowed to enter.

    The humanitarians said that Israeli authorities continue to deny many humanitarian movements. Seven out of 17 attempts to coordinate such movements were denied on Monday, including for trucking water and removing solid waste.

    The office said the United Nations and its partners managed on Saturday to collect nearly 100 truckloads from the Kerem Shalom/Karem Abu Salem border crossing, carrying wheat flour and other food supplies. The partners continue to send supplies to the checkpoint where the Israeli authorities are channeling the shipments.

    On Sunday, humanitarians said they were able to transport more than 50 Israeli-approved truckloads to the crossing from Israel. The payloads await clearance into Gaza.

    The office said its humanitarian partners continue to warn of the risk of famine in Gaza amid catastrophic levels of acute food insecurity. The partners provide support with whatever supplies remain available. Last week, a daily average of 200,000 meals were delivered through 44 community kitchens.

    Prices in Gaza continue to skyrocket. OCHA said that last week in Gaza City, a 25kg bag of flour was sold for 1,600 shekels (about 450 U.S. dollars) on the commercial market.

    Fuel stocks are at critically low levels. The office said more fuel is urgently needed for essential services, such as adequate water supplies. In the south of Gaza, diesel supplies are almost running out.

    “Today (Monday), Israeli authorities once again denied an attempt to coordinate the collection of some fuel supplies from Rafah,” OCHA said. “Partners are rationing the stocks they have as they continue attempting to coordinate access.”

    The office said that humanitarian, communications and banking activities may soon halt unless the supply of fuel resumes immediately or the United Nations is enabled by the Israeli authorities to retrieve available stocks from areas inside Gaza that require coordination with authorities for routes and access.

    OCHA said another continuing problem in Gaza, displacement orders, is increasing people’s shelter needs and driving further overcrowding at displacement sites. For more than 100 days, the Israeli authorities have banned the entry of any shelter materials into Gaza. The materials require frequent replenishment, as they wear out quickly or may be left behind when people are forced into another displacement.

    The UN Population Fund said pregnant mothers are living on a fraction of the food they need to survive. A growing number of mothers suffer from malnutrition, and one in three expectant mothers experiences a high-risk pregnancy at a time when half of essential maternal health medicines are no longer in stock.

    The United Nations and its humanitarian partners on Monday launched a “hyper-prioritized global appeal.” It is for 114 million people globally facing life-threatening needs due to funding cuts. OCHA said that of the 4.07 billion U.S. dollars being sought for about 3 million people in the occupied Palestinian territory, only 16 percent of it is funded.

    MIL OSI China News –

    June 17, 2025
  • MIL-OSI China: US stocks rebound as investors brush off Middle East tensions

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

    U.S. stocks ended higher on Monday, recovering from Friday’s sharp losses as investors’ concerns over ongoing hostilities between Israel and Iran eased somehow.

    Escalation of conflicts between Iran and Israel had briefly rattled markets — oil prices surged, the Cboe Volatility Index (VIX) spiked, and gold prices rose as investors sought safe havens. However, Monday’s action suggested confidence remained intact. High-yield credit spreads widened by just 2 basis points.

    The Dow Jones Industrial Average rose 317.30 points, or 0.75 percent, to 42,515.09. The S&P 500 added 56.14 points, or 0.94 percent, to 6,033.11. The Nasdaq Composite Index increased by 294.39 points, or 1.52 percent, to 19,701.21.

    Seven of the 11 primary S&P 500 sectors ended in green, with communication services and technology leading the gainers by adding 1.53 percent and 1.52 percent, respectively. Meanwhile, utilities and health led the laggards by losing 0.50 percent and 0.40 percent, respectively.

    Market history supports the idea that geopolitical shocks are often short-lived in their market impact. According to Deutsche Bank analysts Parag Thatte and Binky Chadha, the S&P 500 typically drops around 6 percent in the three weeks following a geopolitical event, but usually recovers those losses in the next three weeks.

    Deutsche Bank’s Henry Allen added in a Monday note that geopolitical events tend to have lasting effects on equities only when they disrupt the real economy, either by slowing growth or driving inflation. So far, investors seem to be betting that neither scenario is likely in the near term.

    Despite lingering geopolitical concerns, historically low equity positioning and resilient fundamentals may be keeping a broader sell-off at bay, allowing risk appetite to return for now. “Focus will remain on geopolitical headlines, but as long as the conflict stays limited between Israel and Iran, it’s unlikely to materially impact the markets,” said Tom Essaye at the Sevens Report.

    Tesla rose more than 1 percent on Monday, while Meta Platforms climbed 2.9 percent, helping power the broader market. Palantir, often seen as a beneficiary of rising geopolitical instability due to its defense and AI ties, rose near 3 percent.

    The rising move comes ahead of a key week for monetary policy. Investors digested a weaker-than-expected manufacturing survey released Monday morning by the New York Fed, adding to signs of slowing momentum in the industrial sector. Still, the data did little to shift expectations ahead of the Federal Reserve’s interest rate decision on Wednesday.

    According to CME Group’s FedWatch Tool, futures markets are pricing in a 100 percent chance that the Fed will hold rates steady, despite renewed pressure from U.S. President Donald Trump, who has called on Fed Chair Jerome Powell to cut interest rates.

    However, elevated oil prices stemming from the conflict in the Middle East are expected to keep inflation risks on the Fed’s radar and reduce the likelihood of rate cuts in the near term. “Markets got a reminder that tariffs aren’t the only potential source of market volatility,” said Chris Larkin at E*Trade from Morgan Stanley. “Right now, markets are signaling they expect the situation in the Middle East will remain contained, but any surprises could have an oversized impact on sentiment.”

    MIL OSI China News –

    June 17, 2025
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