Category: AM-NC

  • MIL-OSI Russia: Presentation of Russian-language documentary prose “Chinese Seeds” held in China

    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

    BEIJING, June 23 (Xinhua) — The presentation of the Russian-language documentary prose “Chinese Seeds or How I Grew Wheat in Kazakhstan” took place in Beijing last week.

    The event was held as part of the 31st Beijing International Book Fair, which ended on Sunday in the Chinese capital, the Keji Ribao/Science and Technology Daily newspaper reported.

    The authors of the new book are Jin Min, chief correspondent of the Nongye Kejibao (Agricultural Science and Technology Newspaper), and Zhang Zhengmao, a leading researcher at the Northwest University of Agriculture and Forestry.

    The documentary prose “Chinese Seeds” details the cultivation of high-quality wheat varieties and the results of cooperation between scientific researchers from both sides, which served as a vivid example of the mutual convergence of the aspirations of the peoples of the two countries within the framework of the joint construction of the “Belt and Road”.

    “Chinese Seeds or How I Grew Wheat in Kazakhstan” was published in Chinese in March 2023. According to the plan, this book will also be published in English, Spanish, Vietnamese and Korean.

    The author of the book, Zhang Zhengmao, who was in Astana, presented to the participants of the presentation via video link the development of the Chinese-Kazakhstani project of the Research Center for Analysis and Testing of Grain Quality.

    The new book was published by Guangxi Kesuejishu Chubanshe (Guangxi Science and Technology) Publishing House. Its director, Cen Gang, said the publication of the book will further promote exchanges between China and Kazakhstan. -0-

    MIL OSI Russia News

  • MIL-OSI Russia: Exclusive: China and Kazakhstan open a new chapter in cooperation in the field of sustainable development technologies – President of the NAS of the Republic of Kazakhstan

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

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

    Astana, June 23 (Xinhua) — China and Kazakhstan are opening a new chapter in cooperation in the field of sustainable development technologies, Akhilbek Kurishbayev, President of the National Academy of Sciences of the Republic of Kazakhstan (NAS RK) and Rector of the Kazakh National Agrarian Research University (KazNAIU), said in an interview with Xinhua.

    The Kazakhstan-China Center for Science and Technology Transfer, established in February 2025 at the National Academy of Sciences of the Republic of Kazakhstan jointly with the Zhejiang University of Technology and leading Chinese high-tech companies, opens a new page in the development of innovative partnership. Within its structure, the International Joint Laboratory of Spatio-Temporal Artificial Intelligence (AI) and Sustainable Development is being formed, which has already outlined priority areas at the launch stage.

    “A stable platform will be formed on the basis of the center, on which scientists from Kazakhstan, China and other countries of the Central Asian region will work according to a single program, with clearly defined goals and objectives, concentrating resources on conducting research and obtaining effective results, including adapting Chinese technologies to national conditions,” noted A. Kurishbayev.

    According to him, organizational and technical preparatory work is in full swing, and the laboratory will begin full-scale operations in the near future.

    “We have high hopes for the work of this center and its laboratory. I am sure that these hopes will be justified,” shared A. Kurishbaev. “The basis for this is our common desire for cooperation and the concentration of common scientific potential to solve a single problem,” he added.

    Speaking about his own contribution to the development of bilateral scientific cooperation, A. Kurishbayev recalled that since 2007, as Vice Minister of Agriculture of Kazakhstan, he took the most active part in establishing and developing mutually beneficial cooperation with China. The first steps in developing cooperation in the field of science and trade in agriculture were agreements on phytosanitary and veterinary safety.

    According to him, a lot of work has been done since then: joint laboratories have been created, internships have been organized, and the Alliance for Agricultural Education, Science, and Innovation in the Field of Great Silk Road Technologies has been formed.

    “I have been to China many times, visited leading research institutes and universities,” he shared. “The scale of development of artificial intelligence, smart cities, green technologies, genetics, as well as approaches to modeling natural disasters are impressive.”

    Kazakhstan, according to him, has prospects in such areas as digitalization of the agricultural sector, water technologies, natural resource management and sustainable development of rural areas – it is in these areas that deep and practice-oriented cooperation with Chinese scientific schools is possible.

    He also emphasized the importance of environmental partnership: “Our countries are located in a single ecosystem of the Central Asian region, and we are doomed not only to live here together, but also to bear responsibility for its preservation and improvement. Therefore, it is extremely important for us to search for new environmentally friendly technologies that allow us to move away from “dirty” production and take the path of “green” development and, on this basis, create conditions for a more comfortable life not only for the present, but also for future generations. This is our sacred duty, and we have no other way. We all understand this very well.”

    A. Kurishbaev also noted the deteriorating environmental situation in the world. According to him, the negative consequences will be felt especially strongly by the fragile ecosystem of Central Asia. “This process can only be stopped by joint efforts, based on the results of research by our scientific organizations. All this is in our hands. This requires not only our joint desires, but also our determination to implement them in practice,” concluded A. Kurishbaev. –0–

    MIL OSI Russia News

  • MIL-OSI Russia: Israel strikes military targets in western Iran

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

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

    JERUSALEM, June 23 (Xinhua) — The Israel Defense Forces (IDF) carried out new strikes on targets in Kermanshah province in western Iran, the IDF said on Monday.

    The Israeli Air Force struck what it called “military infrastructure” — launch pads and storage facilities for surface-to-surface missiles, the military said in a statement. More than 15 warplanes took part in the operation.

    The strikes came shortly after Iran fired a rocket at Israel before dawn, sending air raid sirens ringing across much of the country. The Israeli military said the rocket was shot down and there were no casualties or damage.

    The Iranian attack followed US President Donald Trump’s suggestion of possible regime change in Iran. –0–

    MIL OSI Russia News

  • MIL-OSI USA: Nguyen’s Injectable Piezoelectric Gel Could Treat Osteoarthritis without Surgery

    Source: US State of Connecticut

    Millions of Americans suffer from osteoarthritis, a painful joint disease that wears down cartilage and can severely impact mobility. Pain medications only mask symptoms, and surgical option carry risks of infection and immune rejection.

    Thanh Nyugen examines a sample of piezoelectric nanofibers which will be used for the injectable hydrogel for cartilage regeneration. (Contributed photo)

    At the University of Connecticut, a research team led by Thanh Nguyen, associate professor of mechanical engineering and biomedical engineering, believes the future of joint repair might lie in a tiny electrical spark—and a simple injection.

    Backed by a $2.3M grant from the National Institutes of Health (NIH) and National Institute of Biomedical Imaging and Bioengineering (NIBIB), Nguyen and his team are developing an injectable hydrogel designed to stimulate cartilage regeneration in large animal models.

    “With current treatments, we’re managing the pain, not healing the tissue,” says Nguyen. “We’re hoping that the body’s own mechanical movements—like walking—can generate tiny electrical signals that encourage cartilage to grow back.”

    The innovation harnesses the body’s natural bioelectric signals to promote healing. The injectable gel contains a piezoelectric scaffold—a composite made from biodegradable poly-L-lactic acid (PLLA) nanofibers and magnesium oxide nanoparticles. When subjected to mechanical stress—such as joint movement or ultrasound—this scaffold generates small electrical charges.

    “By delivering [electrical] signals directly to damaged areas, the scaffold can stimulate cell activity and encourage the regeneration of strong, durable cartilage, particularly in high-load joints like the knees and hips.” — Thanh Nguyen, College of Engineering

    These mimic the body’s natural electrical cues that guide tissue development and repair.

    “By delivering these signals directly to damaged areas, the scaffold can stimulate cell activity and encourage the regeneration of strong, durable cartilage, particularly in high-load joints like the knees and hips,” Nguyen says. “This method also is cell-free and drug-free, a major advantage over traditional regenerative therapies that often require lab-grown stem cells.”

    The new grant-funded study, titled “Injectable Cell-Free Piezoelectric Scaffold to Treat Osteoarthritis in Large Animal Models,” will run through 2029. It’s based on two previous studies by Nguyen, his former postdoctoral fellow Yang Liu (now a professor at Peking University, China) and his former student Tra Vinikoor ’24 Ph.D. (now an advisor at the federal Food and Drug Administration). In these studies, the team injected the gel into the knees of rabbits with damaged cartilage, and within two months, saw re-formed, functional cartilage in the animals’ knees.

    Their work was published in the top medical journals of Science Translational Medicine and Nature Communication. (See previous UConn Today articles: Regrowing Cartilage in a Damaged Knee Gets Closer to Fixing Arthritis and Gel Repairs Cartilage Without Surgery, With Electricity)

    Nguyen’s team will spend the next four years testing the injectable gel’s effectiveness in large animal models. This is a key step before human clinical trials. (contributed photo)

    Over the next four years, Nguyen’s team will test the gel’s effectiveness in large animal models, a key step before human clinical trials. Along with four other active NIH Research Project (RO1) grants funding Nguyen’s work with piezoelectric biomaterials, the group hopes that the result of this project will successfully demonstrate that a single injection, followed by brief external ultrasound sessions, can significantly restore cartilage function in severe osteoarthritis cases.

    Nguyen’s research is highly interdisciplinary and at the interface of biomaterials, nano/micro-technology, and medicine. He credits the project’s progress to a “deeply collaborative” environment at UConn, where engineering and biomedical science intersect in innovative ways.

    The NIH/NIBIB grant is the fourth grant Nguyen received in FY25. Others include: “MAP Technology for Single-Admin and Co-Delivery of Polio and Other Vxs,” supported by a $4M grant from the Gates Foundation; “Bionic Self-Charged Bone Composite Scaffold,” supported by a $2.1 award from NIH/NIBIB; and “Advancing Multi-bNAbs Microneedle Patch Technology For HIV-1 Prevention in Breastfeeding Infants,” supported by a $1.5M grant from NIH/National Institute of Allergy and Infectious Diseases.

    In addition, Nguyen served as the Materials Research Society’s Early Career Distinguished Presenter at the organization’s meeting in 2025. He spoke about his work on “Current Advances of Biodegradable and Biocompatible nanofiber-based materials for tissue engineering and drug delivery.”

    “We’re building hope for people who’ve been told their only option is a joint replacement,” he says.

    MIL OSI USA News

  • MIL-OSI USA: Gift Brings UConn’s Immersive Holocaust and Bias Awareness Program to High School Students

    Source: US State of Connecticut

    Students in some Greater Hartford schools will get the chance to learn about reducing bias and antisemitism through a new UConn program that uses powerful, interactive experiences. Organizers hope to eventually expand the program statewide.

    The Morris and Judy Sarna Breaking Bias & Creating Community Program in UConn’s Neag School of Education enables students to ask Holocaust survivors questions through a high-tech, immersive program from the USC Shoah Foundation.

    Students also engage with “The Journey Back” from the Illinois Holocaust Museum and Education Center. “The Journey Back” is a virtual reality experience where survivors take students on a journey that mirrors their experiences during the Holocaust, including visits to the Auschwitz concentration camp.

    Students also learn through a customized photo exhibit in their school that depicts the various perspectives and identities representing their schools and communities. For example, the West Hartford program will feature several photos of a local man who is a World War II veteran. The images show him variously playing cards, standing with a life-size photo of himself in his military uniform, and holding a Jewish star badge given to him by a French family he helped rescue during the war.

    The idea behind the Breaking Bias & Creating Community Program is to reduce hatred and build awareness, empathy, and community by understanding different perspectives and by studying past examples of antisemitism and racism.

    The cutting-edge program piloted last year at E.O. Smith High School in Storrs and will be launched in West Hartford middle and high schools in September. Glastonbury schools will host the program the following year. The program is expected to reach tens of thousands of students in multiple Connecticut school districts over the next decade.

    The program was made possible by a generous gift to the Neag School of Education from Judy Sarna and her late husband, Morris, who was a Holocaust survivor.

    “In essence, the goal is about reducing bias and building community,” explains Alan Marcus, the UConn Curriculum and Instruction professor who developed and directs the program. “The program is designed to help students develop empathy by seeing other people’s perspectives and being able to have conversations with them.”

    The program is designed to help students develop empathy by seeing other people’s perspectives and being able to have conversations with them. &#8212 Alan Marcus, Curriculum and Instruction professor

    The program also involves UConn students majoring in teacher education and graduate students. The UConn students help teach the programs in the schools, gaining hands-on, experiential learning. The gift from the Sarnas supports one of the University’s key campaign goals to invest in academic and innovation excellence.

    Judy Sarna says she and her husband, Morris, became involved in the program because they were increasingly worried about the rise in antisemitism and racism they were seeing around the world.

    Morris Sarna, who passed away Jan. 17 at age 97, was imprisoned in a series of Nazi concentration camps for four years starting at age 12. He and his brothers, Jack and Charles, survived and were liberated from the Czestochowa camp. Another brother, Joseph, survived the Mauthausen camp. But their parents and two youngest brothers were murdered in the Belzec extermination camp.

    Judy Sarna explains how they first got involved with the UConn program.

    “One day, my husband said, the world is getting like 1938 Germany,” Sarna says. “What can we do? There’s so much antisemitism.”

    Soon after, her niece told her about UConn’s program. The niece had learned about it through a friend, Carmen Effron ’72 (ED), ’81 MBA, who serves on the Neag Dean’s Board of Advocates. Judy immediately knew that she wanted to support the program.

    “I said, ‘Morris, I found the project for us. This is something we can do,” she says.

    One day, my husband said, ‘the world is getting like 1938 Germany. What can we do? There’s so much antisemitism.’ … I said, ‘Morris, I found the project for us. This is something we can do.’ &#8212 Judy Sarna

    Judy Sarna says it is important for new generations to learn about the Holocaust to make sure it is never repeated. She hopes the program will help foster more of a sense of understanding and community.

    “I think the Holocaust is an important piece of history. It shows how governments and people can be swayed and taken for a ride in a direction that generations will be sorry for,” she says. “It’s not impossible for the right person at the right time, who’s a great speaker, to really turn the world upside down.”

    She believes the innovative technology behind the program is more engaging for younger generations than more traditional methods, such as reading “The Diary of Anne Frank.”

    “This is a wonderful opportunity to take a pilot project, created by someone with great credentials and backed by a university, and watch it flower into something bigger,” she says.

    “The Sarnas’ donation is the largest gift from a single, private donor that the Neag School has received in the past 25 years,” Neag School Dean Jason G. Irizarry says. “We are grateful to Morris and Judy for their amazing generosity and their recognition of this groundbreaking program’s enormous potential. Using cutting-edge technology to build community and empathy among middle and high school students is the kind of innovative excellence that UConn and the Neag School are known for. I am excited to see the program reach students throughout Connecticut and the nation, thanks to the Sarnas’ support.”

    Sarna hopes the program continues to expand, perhaps someday becoming part of a statewide or even national curriculum. She urges others to consider supporting the program.

    “This is a place where even a small amount of money can go a long way,” she says. “You’re educating teachers and students and that goes on and on generationally well beyond the program.”

    Support the Morris and Judy Sarna Breaking Bias & Creating Community Program fund through the UConn Foundation. 

    MIL OSI USA News

  • MIL-OSI Security: Three men jailed for a series of watch robberies

    Source: United Kingdom London Metropolitan Police

    Three men have been jailed following a Met Police investigation into a series of high-value watch robberies in central London.

    Met detectives used CCTV to identify the group of violent repeat offenders who carried out two robberies on consecutive days.

    The Met is focused on reducing the number of robberies taking place on the streets of London by targeting robbery hotspots with increased patrols. This action prevents and deters robberies from taking place, as we work to identify, apprehend and deter potential offenders.

    In this case, detectives tenaciously recovered and viewed hours of CCTV footage to link one vehicle and offenders to the three robberies, discovering the offenders had conducted surveillance on members of the public to identify their victims.

    On 25 June and 26 June 2024, the group struck. Three victims across Stratton Street and Brewer Street in Mayfair were threatened with violence as they tried to prevent the robbers from making off with their high value watches – two of which were stolen.

    The offenders were arrested on 30 July 2024 and clothing worn at the time of the offences was recovered, cementing the links between the offenders and the incidents. The offenders were later charged and remanded in custody.

    Detective Inspector Lizzie Beeston, who led the Met’s investigation, said: “Our investigation has ensured three violent offenders have been removed from our streets.

    “Every robbery has a significant impact on the victim. This is a violent crime that leaves a significant, lasting effect on the victim.

    “Tackling violent crime in all its forms is one of the Met’s priorities and we are determined to reduce the number of robberies. As part of the New Met for London Plan, localised proactive teams have been set up to deal with robberies affecting our local communities.”

    Tedros Haile, 35 (08.09.89) of Fulham Palace Road, Hammersmith, pleaded guilty to one count of robbery on 25 June 2024 at Southwark Crown Court. He was later found guilty of a further count of robbery and one charge of attempted robbery following a trial at the same court on Tuesday, 11 February 2025.

    Mahad Jammeh, 24 (10.07.00) of Beaconsfield Road, Enfield and Christian Whittingham, 27 (11.11.97) of Granville Road, Uxbridge pleaded guilty to one count of robbery on 28 August 2024. They later pleaded guilty the two further counts on 4 November 2024.

    Haile and Jammeh attended Southwark Crown Court for sentencing on Thursday, 17 April. Haile was sentenced to 11 years and Jammeh was sentenced to 8 years.

    Christian Whittingham, 27 (11.11.97) of Granville Road, Uxbridge, was sentenced on the same charges at Southwark Crown Court on Friday, 20 June. Whittingham was sentenced to 10 years and six months.

    MIL Security OSI

  • MIL-OSI Global: How emotions rule every stage of the entrepreneurial process

    Source: The Conversation – UK – By Florencio Portocarrero, Assistant Professor of Management, Department of Management, London School of Economics and Political Science

    tsyhun/Shutterstock

    Governments often see entrepreneurs as the engines of innovation, job creation and economic growth. In the UK alone, small and medium enterprises account for 99.8% of the business population and employ more than 16 million people.

    However, entrepreneurship is not just a strategic or financial undertaking. It’s primarily an emotional journey. From the spark of an idea to the triumphs and failures of running a business, emotions constantly shape how entrepreneurs think, decide, act and relate to others.

    Recent research I led draws on 276 studies to show that emotions don’t just accompany entrepreneurship – they drive it. Far from being distractions, emotions – like passion, fear, anxiety and compassion – and emotional intelligence can make or break a venture. Here are four ways they shape the entrepreneurial journey.

    1. The double edge of passion

    Ask any entrepreneur what keeps them going through long hours, tight budgets and personal sacrifice, and you’ll probably hear the word “passion”. Passion is one of the most studied emotions in entrepreneurship – for good reason. It fuels creativity, motivates persistence and can inspire others.

    Investors are more likely to back passionate founders and employees feel more engaged when their leaders show authentic enthusiasm. Passionate storytelling resonates with customers.

    Most of the benefits linked to passion emerge when entrepreneurs choose to pursue ventures that align with their identity and values. This aspect of the emotion is called “harmonious passion”, and it leads to greater wellbeing, better work-life balance and sustained motivation.

    But passion also has a darker side, called obsessive passion. This is a type of emotional experience driven by internal pressures (self-worth, for example) or external expectations (status or validation). Entrepreneurs with high levels of obsessive passion often become workaholics, suffer burnout and cannot walk away from their enterprises. This is even the case when their ventures are experiencing sustained failures.

    Passion can be a superpower. But like any power, it needs to be wielded with care.

    2. Fear and anxiety: not always the enemy

    Starting a business is inherently risky. Founders often deal with uncertain markets, fluctuating cash flow and high personal stakes. Unsurprisingly, fear and anxiety are common companions in this journey.

    These emotions are often framed negatively, but our research shows that they serve vital functions. Fear can make entrepreneurs more vigilant and help them anticipate challenges. Anxiety can enhance performance under pressure, such as during investor pitches or public launches. These can act like emotional smoke alarms, warning entrepreneurs about potential problems before they spiral.

    However, problems arise when these emotions become overwhelming. Chronic fear of failure can prevent entrepreneurs from taking calculated risks. It can lead to perfectionism, decision paralysis or the premature abandonment of promising ideas.

    The key is not to suppress fear or anxiety but to manage these emotions. Practices like journaling, peer mentorship and mindfulness training are valuable tools. They can help entrepreneurs reflect and use fear and anxiety constructively rather than letting it control them.

    Journaling can be an effective way for entrepreneurs to manage fear – and channel it positively.
    Daniel Hoz/Shutterstock

    3. Compassion as fuel for social enterprise

    Entrepreneurship isn’t always about chasing profits. Many founders launch ventures to address urgent social issues, from poverty and inequality to environmental degradation. These social entrepreneurs are often driven not just by vision but also by compassion.

    Our review found that compassion is a defining emotional characteristic of social entrepreneurs. It motivates them to act when others turn away. It helps them connect with communities, earn trust and stay resilient in the face of adversity. Their emotional connection to a mission creates a deep sense of purpose that can carry them through setbacks that might paralyse other entrepreneurs.

    This emotional resilience is often overlooked in traditional entrepreneurship education, which tends to emphasise strategy and metrics. But for many mission-driven founders, compassion is the emotional backbone of the business.

    4. Emotional intelligence as a business strategy

    Emotions don’t just shape how entrepreneurs feel, they affect how others respond to them. Our research points to emotional intelligence, the ability to recognise, understand and regulate emotions, as a critical skill for entrepreneurs.

    Founders who demonstrate high emotional intelligence motivate teams better, manage conflict and build trust with stakeholders. They’re more likely to retain talent, adapt under pressure and sustain long-term ventures. Investors, too, respond to emotional cues. A confident and passionate pitch can be more persuasive than a technically perfect but emotionally flat one.

    However, there’s a fine line. Too much emotional expression can backfire. Investors may question the founder’s judgement, and teams may interpret it as instability.

    The most effective entrepreneurs aren’t the ones who suppress their emotions but those who deploy them strategically. In a world where startups rise and fall on relationships, emotional intelligence is not a soft skill. It’s a core business strategy.

    Entrepreneurship is an emotional endeavour. The highs are exhilarating, but the lows can be crushing. While grit and skill matter, our review shows that founders’ emotional agility often determines whether they thrive or burn out.

    Innovation should be celebrated and it’s vital to recognise and support entrepreneurs’ emotional experiences. That means building programmes that teach emotional management, creating networks that offer psychological safety and reframing failure not as weakness but as part of the emotional terrain of entrepreneurship.

    This article was co-published with LSE Blogs at the London School of Economics.

    Florencio Portocarrero 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. How emotions rule every stage of the entrepreneurial process – https://theconversation.com/how-emotions-rule-every-stage-of-the-entrepreneurial-process-258439

    MIL OSI – Global Reports

  • MIL-OSI Africa: Central African Republic : African Development Bank Strengthens Capacity to Tackle Illicit Financial Flows and Manage Resource-backed Loans

    The African Development Bank Group (www.AfDB.org) has successfully concluded a high-level workshop and policy dialogue aimed at enhancing the Central Africa Republic’s capacity to combat illicit financial flows (IFFs) and improve the governance of resource-backed loans.

    Held in Bangui from 10-13 June 2025 under the theme Harnessing Africa’s Wealth: Curbing Illicit Financial Flows for Resilient Growth and Development,” the four-day event brought together 80 officials from key government ministries, including Finance, Economy, Planning, Environment, Mines and Geology – as well as civil society, the private sector, and local communities.

     The sessions were convened by the African Development Institute (ADI) (https://apo-opa.co/4k3PqnO) and the Natural Resources Management and Investment Centre (ECNR) (https://apo-opa.co/3I7F8Wc) as part of the Bank’s GONAT initiative, which supports improved natural resource governance in fragile and transitional states.

    High-level panelists included Prof. Richard Filakota, Minister of Economy, Planning and International Cooperation who also serves as the Bank’s Governor for the Central African Republic; Mr. Rufin Benam Beltoungou, Minister of Mines and Geology; and Prof. Chantal Laure Djebebe, Minister and Advisor to the Prime Minister on natural resources.

    Illicit financial flows are a major challenge across the continent, draining billions of dollars annually and severely constraining the ability of African countries to mobilize domestic resources for development.

    “The Central African Republic is rich in natural resources – gold, diamonds, uranium, copper, forests, among others. However, without enhanced oversight, institutional capacity, and sound strategic planning, these resources can become a source of political instability, illicit activities, and unsustainable debt,” warned Minister Beltoungou.

    Workshop participants emphasized the growing use of resource-backed loans – facilities collateralized by natural resources – to finance infrastructure development. While these instruments can unlock critical funding, they also pose risks.

    “Resource-backed loans are loans collateralized by natural resources and can help finance infrastructure such as roads, hospitals, and schools. However, caution is needed in managing repayment conditions, especially when a country lacks full control over its resource accounting,” emphasized Médard Goudozoui, a geological engineer and training beneficiary.

    The capacity-building sessions introduced a suite of practical tools and analytical methods for detecting and addressing IFFs in the Central African Republic.

    “We explored techniques such as the Partner Country Method, trade misinvoicing, and international indices like the Financial Secrecy Index and the Corruption Perception Index – all of which help identify discrepancies between export declarations and customs records in partner countries,” noted Fanta Mariette Samba-Vomi, a geological engineer and Director of the Mining Cadastre. According to her, such tools are critical in detecting anomalies related to under- or over-valuation of exported resources – as often seen in the gold and diamond sectors in the CAR.

    Gender inclusion in governance processes was also featured during the workshop.

    “We welcome the GONAT project’s focus on inclusive governance, with a target of at least 40% female participation. As a Bank, we recognize that transformative and sustainable change is only possible when the voices of women and local communities are integrated into policy formulation processes,” said Mamady Souaré, Country Manager of the African Development Bank Group in the Central African Republic.

    Echoing this, Alexia Molotouala, Head of Division at the Permanent Secretariat of the Kimberley Process, stated: “Increasing women’s involvement is critical because they play a key role in affected communities. Their participation enhances transparency, fairness, and policy effectiveness. Inclusive governance also promotes social cohesion and sustainable development.”

    Dr. Eric Ogunleye, Director of the African Development Institute emphasized the broader impact of the sessions. “It is our firm belief that the knowledge and tools acquired will go a long way in fostering stronger oversight of resource-backed loans and better governance of extractive resources.”

    Distributed by APO Group on behalf of African Development Bank Group (AfDB).

    Contact:
    Solange Kamuanga-Tossou
    Principal Regional Communication Officer
    African Development Bank
    media@afdb.org

    About the GONAT Project:
    GONAT is a flagship initiative of the African Development Bank Group. Designed to improve governance in the natural resources sector to facilitate domestic resource mobilization in fragile and transition states, the project specifically targets the Central African Republic, Chad, the Democratic Republic of Congo, Mozambique, Sierra Leone, and Zimbabwe. Natural resource sectors covered under GONAT include oil, gas, minerals, forestry, fisheries, and wildlife.

    About the African Development Bank Group:
    The African Development Bank Group is Africa’s premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 41 African countries with an external office in Japan, the Bank contributes to the economic development and the social progress of its 54 regional member states. For more information: www.AfDB.org

    MIL OSI Africa

  • Evacuees laud ‘Operation Sindhu’, credit PM Modi for safe evacuation

    Source: Government of India

    Source: Government of India (4)

    As India continues to bring its nationals home from Iran under ‘Operation Sindhu’, evacuees on Monday expressed heartfelt gratitude to Prime Minister Narendra Modi and the Union government for the timely and efficient efforts to help Indians stuck in the war-hit country.

    Recounting their ordeal, one evacuee told IANS, “I was brought back from Iran. We were in serious trouble. I want to thank PM Modi for ensuring our safe return.”

    Another evacuee from Lucknow, who had been in Iran for the past 22 days, said, “When Israel attacked Iran, the Indian Embassy stayed in constant contact with us. They ensured our safety, provided us with food and medicine. We are truly thankful. Jai Modi!”

    Describing the tense conditions, a young student added, “The situation there was very bad, but the Indian Embassy supported us fully. We didn’t face any difficulties, and the arrangements for our return were excellent.”

    Another returnee added, “There’s nothing better than our India. Our PM Modi is truly great.”

    Another evacuee stated, “The situation in Iran was frightening with continuous bombardments. Despite that, the Indian government made proper arrangements. PM Modi took care of all of us.”

    Yet another person praised the seamless coordination, saying, “The government did a fantastic job, from picking us up in Iran to bringing us back home. The Indian Embassy was constantly in touch. I am extremely grateful.”

    On Monday, another batch of 285 Indian nationals landed safely in New Delhi as part of the ongoing ‘Operation Sindhu’, taking the total number of evacuees to 1,713.

    This large-scale evacuation effort comes in response to the escalating conflict in the Middle East, especially between Iran and Israel. The latest flight included passengers from various states including Delhi, Bihar, Gujarat, Uttar Pradesh, Maharashtra, and Jammu and Kashmir.

    Coordinated by the Ministry of External Affairs, ‘Operation Sindhu’ highlights India’s firm commitment to safeguarding its citizens, even in the most volatile regions of the world.

    (With inputs from IANS)

  • Bridging Gaps, Building Futures: 11 Years of inclusive growth for minorities in India

    Source: Government of India

    Source: Government of India (4)

    Over the past eleven years, the central government has made substantial progress in promoting inclusive development among the six centrally notified minority communities—Muslims, Christians, Sikhs, Buddhists, Parsis, and Jains. Through a multi-dimensional approach involving education, employment, cultural preservation, digital transformation, and legislative reform, the Ministry of Minority Affairs has worked toward narrowing socio-economic disparities and empowering marginalized sections of society.

    Economic Empowerment and Skills Development

    At the heart of this transformative agenda is the Pradhan Mantri Virasat Ka Samvardhan (PM VIKAS), a flagship scheme launched by the Ministry of Minority Affairs. This comprehensive initiative merges five earlier schemes—Seekho Aur Kamao, Nai Manzil, Nai Roshni, Hamari Dharohar, and USTTAD—into one. PM VIKAS focuses on upskilling youth, promoting entrepreneurship, and empowering minority women through leadership and training programs. It operates in conjunction with the Skill India Mission and integrates with the Skill India Portal for wider outreach and impact.

    The National Minorities Development and Finance Corporation (NMDFC) continues to play a pivotal role in economic empowerment. Offering concessional loans for self-employment, the NMDFC has disbursed ₹752.23 crore to over 1.74 lakh beneficiaries as of March 10, 2025, a significant rise from ₹431.20 crore in 2014-15.

    Infrastructure Development for Community Welfare

    Infrastructure growth has been spearheaded by the Pradhan Mantri Jan Vikas Karyakram (PMJVK), a centrally sponsored scheme aimed at holistic development in minority-concentrated areas. Since 2014-15, projects worth ₹18,416 crore have been sanctioned, covering approximately 5.63 lakh infrastructure units across sectors like health, education, sanitation, renewable energy, and women and child development. The scheme has now been digitized for better monitoring and transparency, with 1,300 Minority Concentration Areas identified across 308 districts in 32 states and UTs.

    Education and Scholarships

    While some schemes like the Maulana Azad National Fellowship (MANF) and Padho Pardesh have been discontinued due to overlaps with other government initiatives, others like the Begum Hazrat Mahal National Scholarship for girls in classes IX to XII, and Naya Savera (Free Coaching and Allied scheme) continue to support educational aspirations of minority youth. Naya Savera provides coaching for competitive exams and admissions into technical and professional courses.

    Cultural and Heritage Preservation

    Schemes like Hamari Dharohar and USTTAD (Upgrading the Skills and Training in Traditional Arts/Crafts for Development) focus on preserving the cultural legacy of minority communities. These schemes support exhibitions, documentation, and skill development among traditional artisans while creating market linkages for their products.

    In further efforts to promote cultural heritage, ₹25 crore has been sanctioned for a Centre for Gurumukhi Script at Khalsa College, Delhi University, while ₹11.17 crore has been approved for a Centre for Avesta Pahlavi Studies at Mumbai University. Projects worth ₹65 crore are in progress for Jain Studies and Manuscriptology at institutions in Indore and Gujarat.

    Special Initiatives for Community Support

    The Jiyo Parsi scheme, launched in 2013-14 to address the declining Parsi population, has aided the birth of over 400 Parsi children. In FY 2023-24, ₹3 crore was released, with a proposed budget of ₹6 crore for 2024-25.

    Under the Buddhist Development Plan (BDP), ₹300.17 crore worth of projects have been approved to support Buddhist communities, especially in the Himalayan belt. Key institutions like the Central Institute of Buddhist Studies (CIBS) and Central Institute of Himalayan Culture Studies (CIHCS) are implementing these initiatives through a hub-and-spoke model.

    The Government has also focused on easing the Haj pilgrimage, transferring its administration from the Ministry of External Affairs to the Ministry of Minority Affairs in 2016. Expenditures have increased from ₹47.37 crore in 2014-15 to ₹83.51 crore in 2023-24. Digital support has been introduced through the Haj Suvidha App, providing pilgrims access to essential services like travel details, emergency help, and training materials.

    Legislative Reforms and Digital Transformation

    A significant development came with the Waqf (Amendment) Act, 2025 notified on April 8, 2025. This amendment strengthens governance and transparency in the management of Waqf properties. It is complemented by the launch of the UMEED Portalon June 6, 2025—a centralized digital platform for uploading, verifying, and monitoring Waqf properties. These measures aim to modernize asset management and ensure properties are used for their intended religious and charitable purposes.

    Further modernization efforts include the Qaumi Waqf Board Taraqqiati Scheme (QWBTS) and Shahari Waqf Sampatti Vikas Yojana (SWSVY), which focus on computerization and commercial development of waqf properties. From 2019-20 to 2023-24, ₹23.87 crore and ₹7.16 crore were spent under QWBTS and SWSVY respectively.

    Promoting Indigenous Arts and Entrepreneurship

    The Ministry also organizes Lok Samvardhan Parv, a cultural event to showcase minority arts and crafts while fostering entrepreneurship. Three editions have been held—in July 2024 at Dilli Haat, January 2025 at Baba Kharak Singh Marg, and April 2025 at Kashmir University in Srinagar. These events feature workshops on design, marketing, GST, and digital commerce in partnership with the Export Promotion Council for Handicrafts (EPCH).

  • Putin tells Iranian foreign minister there was no justification for US attack

    Source: Government of India

    Source: Government of India (4)

    Russian President Vladimir Putin told Iran’s foreign minister on Monday there was no justification for the U.S. bombing of his country and that Moscow was trying to help the Iranian people.

    Putin hosted Iranian Foreign Minister Abbas Araqchi in Moscow two days after U.S. President Donald Trump sent U.S. bomber planes to strike Iran’s three main nuclear sites.

    “The absolutely unprovoked aggression against Iran has no basis and no justification,” Putin told Araqchi in televised comments.

    “For our part, we are making efforts to assist the Iranian people,” he added.

    “I am very glad that you are in Moscow today, this will give us the opportunity to discuss all these pressing issues and think together about how we could get out of today’s situation.”

    Araqchi told Putin that Iran was conducting legitimate self-defence, and thanked Russia for condemning the U.S. actions. He conveyed best wishes to Putin from Iran’s supreme leader and president.

    “Russia is today on the right side of history and international law,” said Araqchi.

    It was unclear, however, what Russia might do to support Iran, an important ally with which Putin signed a strategic cooperation treaty in January. That agreement did not include a mutual defence clause.

    Before Saturday’s U.S. strikes, Moscow had warned that U.S. military intervention could destabilise the entire region and plunge it into the “abyss”.

    Asked what Russia was ready to do to help Tehran, Kremlin spokesman Dmitry Peskov said: “It all depends on what Iran needs”. He said the fact that Moscow had offered to mediate in the crisis was itself a form of support.

    Peskov condemned the U.S. attacks.

    “An increase in the number of participants in this conflict is happening – or rather, has happened. A new spiral of escalation of tension in the region,” Peskov told reporters.

    “And, of course, we condemn this and express regret in this regard, deep regret. In addition, of course, it remains to be seen what happened to (Iran’s) nuclear facilities, whether there is a radiation hazard.”

    Peskov said Trump had not told Putin in detail about the planned strikes in advance.

    “There was no detailed information. The topic of Iran itself was repeatedly discussed by the presidents during their most recent conversations, certain proposals were voiced by Russia, but there was no direct detailed information about this,” he said.

    (Reuters)

  • MIL-OSI United Kingdom: Fusion energy powers UK’s Industrial Strategy

    Source: United Kingdom – Executive Government & Departments

    Press release

    Fusion energy powers UK’s Industrial Strategy

    Government’s Industrial Strategy, announced today, puts fusion energy at the heart of driving innovation, economic growth and energy security.

    STEP Tokamak with burning plasma, side view. Image credit: UK Industrial Fusion Solutions Ltd.

    The UK is investing £2.5 billion over 5 years to lead the global race for fusion energy, with the STEP programme at its core. STEP (Spherical Tokamak for Energy Production) is the UK’s flagship fusion programme, aiming to deliver a prototype fusion power plant by 2040 at West Burton, Nottinghamshire. Built on the site of a former coal-fired power station, STEP is delivering a ‘fossil to fusion’ mission and will create thousands of jobs, as well as acting as an anchor for a new industrial ecosystem in the region as part of the East Midlands Combined Authority’s Clean Energy Supercluster along the River Trent. Delivered by UK Industrial Fusion Solutions (UKIFS), STEP is a cornerstone of the UK’s clean energy and industrial future. 

    The Industrial Strategy features STEP as a case study for fusion energy development, alongside further workstreams in the sector, such as the UK Atomic Energy Authority’s (UKAEA) Fusion Futures careers programme. Today’s announcements serve to highlight the government’s support for the sector and confidence in the STEP programme’s progress to date.

    Other recent UK fusion milestones include a UKAEA–ENI fusion energy fuels partnership announced in March, working to build the world’s largest tritium fuel cycle facility in the UK, and a £100 million investment boost via the Starmaker One fund from central government. Fusion is already delivering spillover benefits in AI, robotics and advanced materials – securing the UK’s place at the forefront of clean technology.

    UKIFS CEO Paul Methven reflected on the Industrial Strategy announcement:

    The UK is at the forefront of global fusion energy research, and STEP is the flagship initiative poised to transform that leadership into commercial reality. By building our prototype fusion power plant in the East Midlands, we’re not only advancing clean energy but also creating high-quality jobs, driving innovation, and delivering economic growth both regionally and nationally.

    Maintaining our global edge in such a transformative technology demands ambition and today’s Industrial Strategy publication, with STEP at its heart, shows that government is rising to that challenge. We’re ready to turn this bold vision into action and ensure the UK leads the way in this exciting sector.

    Secretary of State for Energy Security and Net Zero (DESNZ) Ed Miliband visited UK’s Fusion Research Campus in Oxfordshire earlier this year, where he said:

    After scientists first theorised over 70 years ago that it could be possible, we are now within grasping distance of unlocking the power of the sun and providing families with secure, clean, unlimited energy.

    In the introduction within the Industrial Strategy today, he lists fusion as a key part of the government’s mission:

    (By delivering) fusion in the East Midlands we will deliver the benefits of our Clean Energy Superpower Mission to communities up and down the country.’

    The project offers exciting innovation opportunities and a chance to shape the future of clean energy. STEP is currently in dialogue with potential Construction and Engineering partners, with announcements expected this coming winter 2025/26.

    Notes to Editors

    The Industrial Strategy is available here: Industrial Strategy: Clean Energy Industries Sector Plan

    STEP and UK Industrial Fusion Solutions (UKIFS) Ltd

    The first of its kind, STEP is the UK’s major technology and infrastructure programme to build a prototype fusion power plant that will demonstrate net energy, fuel self-sufficiency and a viable route to plant maintenance.  This will pave the way for the potential development of a fleet of future fusion power plants around the world and the commercialisation of fusion energy.

    We’ll achieve this by producing a prototype tokamak power plant – in an innovative spherical shape – that will demonstrate net energy. That’s why the programme is called STEP: it stands for ‘Spherical Tokamak for Energy Production’. But STEP is about more than tokamak technology – it’s a huge endeavour encompassing design, site development and construction, alongside supply chain logistics and industry. Fusion research and development has the potential to catalyse new ideas and technologies that will benefit multiple industries and help secure our future on this planet.

    By fusing government and business, inspiration and pragmatism, theory and practice, UK-expertise and international impact, we’re going to realise the step-change that will secure humanity’s bright future. A recent report by AMION, commissioned by local authorities, set out the economic potential of the STEP programme – summary HERE

    To sign-up for updates about STEP, visit: step.ukaea.uk or follow our social channels @STEPtoFusion.

    Updates to this page

    Published 23 June 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Free school meals expansion

    Source: Scottish Government

    Thousands more young people to benefit from August.

    More than 6,000 high school pupils will be eligible for free school meals from the beginning of the next school year, further supporting the Scottish Government’s national mission to eradicate child poverty.

    This trial phase of the free school meals programme will see S1 to S3 pupils in receipt of the Scottish Child Payment, who attend selected schools in eight local authority areas, receive a nutritious and healthy meal. This takes the number of pupils being offered free school meals in Scotland to over 360,000.

    An investment of £3 million will support almost 60 schools across eight proposed areas of Aberdeen, Comhairle nan Eilean Siar, Fife, Glasgow, Moray, North Ayrshire, Shetland and South Lanarkshire from August 2025.

    First Minister John Swinney made the announcement during a visit to Springburn Academy in Glasgow, where 140 more pupils could benefit.

    The First Minister said:

    “The free school meals programme is key in our national mission to eradicate child poverty, which saves families who take up the offer around £450 per eligible child per year. This next phase of the rollout will ensure that this offer is available to more families across the country.

    “We know the positive impact that access to a healthy and nutritious meal can have on a pupil’s learning and achievement in school. This demonstrates how important the programme is in our efforts to close the poverty-related attainment gap in Scotland, ensuring that every child is given an opportunity to succeed in education regardless of their background.

    “The Scottish Government will also continue its broader support to tackle the cost of the school day, including our £14.2 million School Uniform Clothing Grant and our investment in the £1 billion Scottish Attainment Challenge.”

    Background

    Local authorities put forward schools that already have the capacity in place to deliver additional meals to take part in the trial. The Scottish Government will continue to work with them in the coming weeks to establish the trial approach.

    The trial phase will be independently reviewed and will aid future development of any further phases of the free school meal programme.

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Serve up some fun at free Barclays Big Tennis Weekend in Barnes Park

    Source: City of Sunderland

    Residents of all ages are being invited to pick up a racket and join in the fun as Barnes Park hosts a free Barclays Big Tennis Weekend on Sunday 6 July.

    Whether you’re trying tennis for the first time or rediscovering your love for the game, the event promises a welcoming, relaxed atmosphere with sessions designed for all skill levels.

    Hosted as part of the national Barclays Big Tennis Weekends initiative, the event is open to everyone. No previous experience is needed, and all equipment will be provided. Just come dressed comfortably with suitable trainers and get ready for some fun on the court.

    Three free sessions will take place throughout the day:

    ·        1 – 2pm – (under 9s*)

    ·        2:15 – 3:15pm – (10 – 16 year olds*)

    ·        3:30 – 4:30pm – (16+ year olds)

    *all under 11s must be accompanied by an adult

    Councillor Beth Jones, Cabinet Member for Culture, Communities and Tourism at Sunderland City Council, said: “It’s fantastic to welcome the Barclays Big Tennis Weekend to Sunderland. This is a great opportunity for families, friends, and individuals to get active, try something new, and enjoy one of our beautiful city parks.

    “Tennis is a brilliant way to stay fit, have fun, and meet others in the community. I’d encourage anyone who’s curious to come along—whether you’ve never picked up a racket or you’re looking to get back into the game.”

    In 2023, the courts in Barnes Park were part of over £400,000 worth of investment to improve 17 tennis courts across seven of Sunderland parks. There are two tennis courts available in Barnes Park, which is a green flag award winning park.

    The courts in Barnes Park, as well the others across Sunderland are available for everyone to use. There are both paid and free options at each park across the week, so you should always be able to find a free session to book. Find out more information at https://clubspark.lta.org.uk/SunderlandParksTennis

    Please note that in the case of bad weather, sessions will take place at Silksworth Community Pool Tennis & Wellness Centre, SR3 1PD

    Anyone looking to get involved with Barclays Big Tennis Weekend can find out more information and book your space here: https://clubspark.lta.org.uk/BarnesPark/EventsV2/Book/3a094ea5-40dc-4c27-bab6-cb0b6f42d291

    MIL OSI United Kingdom

  • MIL-OSI Asia-Pac: Tuen Mun site to be sold

    Source: Hong Kong Information Services

    A Tuen Mun non-industrial site in the 2025-26 Land Sale List will be sold by public tender from this Friday to August 8, the Lands Department announced today.

     

    Tuen Mun Town Lot No. 569 is designated for non-industrial purposes excluding its use as a godown, hotel and petrol filling station.

     

    It has a site area of about 4,368 sq m with a minimum gross floor area of 15,725 sq m and a maximum gross floor area of 26,208 sq m.

     

    Both exclude the gross floor area of government accommodation, being a public transport terminus, to be constructed by the purchaser under the conditions of sale.

     

    The land sale documents will be available on the department’s website from this Friday.

    MIL OSI Asia Pacific News

  • MIL-OSI Global: African finance ministers shouldn’t be making bond deals: how to hand over the job to experts

    Source: The Conversation – Africa – By Misheck Mutize, Post Doctoral Researcher, Graduate School of Business (GSB), University of Cape Town

    Eurobonds, debts owed in a foreign currency, have become a quick and attractive way for African countries to borrow money. They are behind a sharp rise in commercial borrowing as a percentage of total external debt: it has nearly doubled from 27% in 2011 to 52% in 2020. This has increased the debt vulnerability of most African countries.

    Recent developments, however, show that most of the bonds have not been structured properly. As a result, African countries are paying way over the odds relative to their sovereign risks.

    Based on my bond price modelling expertise, it is my view that there are two major drivers of the mispricing of African government bonds. They are interlinked.

    Firstly, a lack of expertise in debt management offices, whose job it is to negotiate the terms of any debt deals and to oversee their execution. This is a topic I explored in a recent article.




    Read more:
    African countries are bad at issuing bonds, so debt costs more than it should: what needs to change


    The second factor, which I address here, is that in many African countries, finance ministers have assumed primary responsibility for Eurobond issuance. They engage directly with investment bankers, legal advisors and credit rating agencies.

    In my view they shouldn’t.

    Finance ministers should stay away from debt negotiations because they are political appointees. They operate under incentives tied to electoral cycles, not fiscal sustainability. Their short tenures and desire to fund visible projects often conflict with the long-term nature of sovereign debt obligations.

    They don’t have the necessary expertise to handle the technical complexity required to get the best possible deal, either.

    Simply calling for ministers to step aside would ignore the institutional realities in most African countries. In particular, debt management offices have severe capacity constraints.

    Nevertheless, as global financial conditions tighten and African countries seek to refinance maturing Eurobonds or issue new instruments, the risks of politicised borrowing must be minimised. Ministers should spend their energies on ensuring their debt management offices are well staffed with top quality teams. They should then leave it up to these technical staff to prepare and arrange the financing.

    This would leave room for ministers to manage any disagreements between technical staff and the banks when necessary. And to close the final deal.

    Ministers versus the experts

    Eurobond issuance involves advanced financial engineering – pricing models, investor engagement, covenant structuring and legal compliance across jurisdictions. It takes a deep understanding of capital markets.

    When debt management offices are operating at their best, they are filled with people who have this knowledge. They have a combination of financial market and public policy skills, including debt portfolio management, risk analysis and debt transaction processing.

    In discussions with debt managers at the African Sovereign Debt Conference it’s become clear to me that debt managers are sidelined in the international bond issuance negotiations. They are also sidelined in the execution process, except for administrative support.

    What happens instead is that finance ministers are usually key contacts of the investment bankers. By approaching a minister directly, investment bankers get to close their mandates faster.

    But this minimises due diligence and bypasses internal safeguards. Ministers may not pay attention to complex legal clauses under foreign jurisdictions, details of investor negotiations and fee structures. They may accept unfavourable terms, ignore sustainability assessments and obscure fiscal vulnerabilities in pursuit of political wins and quick disbursements.

    For example, in 2018, Ghana’s then finance minister was internationally lauded for financial stewardship. Ghana was the first African issuer of a longest tenure and a zero-coupon bond. A year later, the country defaulted, suggesting the bond terms weren’t great for the country. The minister nevertheless received several awards as the best and most prudent in Africa.

    There is also the issue of conflicts of interest. When the same actor – in this case the finance minister – proposes, negotiates and approves a debt instrument, the system lacks accountability.

    In many African countries, parliaments, audit institutions and civil society have limited understanding about the technical details of bond agreements. Ministers can easily sideline procurement rules and transparency mechanisms, resulting in non-competitive contracts and opaque fees paid to underwriters and advisors.

    Investment bankers prefer this arrangement as it works in their favour.

    Reforms that are needed

    Before finance ministers can hand over control, debt management offices must be equipped. This requires targeted reforms, including:

    • Capacity building through strategic partnerships: African debt management offices should work with international issuing syndicates and development partners to gain first-hand exposure to structuring, pricing and marketing global bonds.

    • Human capital reforms: Governments must attract and retain highly skilled debt managers by offering competitive pay, professional development opportunities and protection from political interference.

    • Debt management offices must be staffed by dedicated quantitative analysts. They must also be equipped to use real-time market intelligence systems and formal investor relations programmes.

    • Gradual delegation: Authority can be shifted, starting with less complex debt instruments.

    The role of the finance minister must evolve. Ministers should provide strategic leadership: approving borrowing strategies, ensuring alignment with macroeconomic goals, and engaging parliament and the public.

    Their function should shift from operational to institutional oversight and accountability.

    Structural reforms must embed the capacity, autonomy and transparency required for debt management offices to lead effectively.

    In South Africa, for example, the assets and liabilities management division of the National Treasury department manages government’s annual funding programme.

    Professionalising the debt issuance process is not just about avoiding technical mistakes. It’s also about creating resilient institutions that can withstand political turnover. That fosters credibility and long-term access to capital.

    Ministers should remain accountable to the public, and debt management offices must do their work based on technical merit.

    Misheck Mutize is affiliated with the African Union – African Peer Review Mechanism as a Lead Expert on credit ratings

    ref. African finance ministers shouldn’t be making bond deals: how to hand over the job to experts – https://theconversation.com/african-finance-ministers-shouldnt-be-making-bond-deals-how-to-hand-over-the-job-to-experts-259017

    MIL OSI – Global Reports

  • MIL-OSI Global: African finance ministers shouldn’t be making bond deals: how to hand over the job to experts

    Source: The Conversation – Africa – By Misheck Mutize, Post Doctoral Researcher, Graduate School of Business (GSB), University of Cape Town

    Eurobonds, debts owed in a foreign currency, have become a quick and attractive way for African countries to borrow money. They are behind a sharp rise in commercial borrowing as a percentage of total external debt: it has nearly doubled from 27% in 2011 to 52% in 2020. This has increased the debt vulnerability of most African countries.

    Recent developments, however, show that most of the bonds have not been structured properly. As a result, African countries are paying way over the odds relative to their sovereign risks.

    Based on my bond price modelling expertise, it is my view that there are two major drivers of the mispricing of African government bonds. They are interlinked.

    Firstly, a lack of expertise in debt management offices, whose job it is to negotiate the terms of any debt deals and to oversee their execution. This is a topic I explored in a recent article.




    Read more:
    African countries are bad at issuing bonds, so debt costs more than it should: what needs to change


    The second factor, which I address here, is that in many African countries, finance ministers have assumed primary responsibility for Eurobond issuance. They engage directly with investment bankers, legal advisors and credit rating agencies.

    In my view they shouldn’t.

    Finance ministers should stay away from debt negotiations because they are political appointees. They operate under incentives tied to electoral cycles, not fiscal sustainability. Their short tenures and desire to fund visible projects often conflict with the long-term nature of sovereign debt obligations.

    They don’t have the necessary expertise to handle the technical complexity required to get the best possible deal, either.

    Simply calling for ministers to step aside would ignore the institutional realities in most African countries. In particular, debt management offices have severe capacity constraints.

    Nevertheless, as global financial conditions tighten and African countries seek to refinance maturing Eurobonds or issue new instruments, the risks of politicised borrowing must be minimised. Ministers should spend their energies on ensuring their debt management offices are well staffed with top quality teams. They should then leave it up to these technical staff to prepare and arrange the financing.

    This would leave room for ministers to manage any disagreements between technical staff and the banks when necessary. And to close the final deal.

    Ministers versus the experts

    Eurobond issuance involves advanced financial engineering – pricing models, investor engagement, covenant structuring and legal compliance across jurisdictions. It takes a deep understanding of capital markets.

    When debt management offices are operating at their best, they are filled with people who have this knowledge. They have a combination of financial market and public policy skills, including debt portfolio management, risk analysis and debt transaction processing.

    In discussions with debt managers at the African Sovereign Debt Conference it’s become clear to me that debt managers are sidelined in the international bond issuance negotiations. They are also sidelined in the execution process, except for administrative support.

    What happens instead is that finance ministers are usually key contacts of the investment bankers. By approaching a minister directly, investment bankers get to close their mandates faster.

    But this minimises due diligence and bypasses internal safeguards. Ministers may not pay attention to complex legal clauses under foreign jurisdictions, details of investor negotiations and fee structures. They may accept unfavourable terms, ignore sustainability assessments and obscure fiscal vulnerabilities in pursuit of political wins and quick disbursements.

    For example, in 2018, Ghana’s then finance minister was internationally lauded for financial stewardship. Ghana was the first African issuer of a longest tenure and a zero-coupon bond. A year later, the country defaulted, suggesting the bond terms weren’t great for the country. The minister nevertheless received several awards as the best and most prudent in Africa.

    There is also the issue of conflicts of interest. When the same actor – in this case the finance minister – proposes, negotiates and approves a debt instrument, the system lacks accountability.

    In many African countries, parliaments, audit institutions and civil society have limited understanding about the technical details of bond agreements. Ministers can easily sideline procurement rules and transparency mechanisms, resulting in non-competitive contracts and opaque fees paid to underwriters and advisors.

    Investment bankers prefer this arrangement as it works in their favour.

    Reforms that are needed

    Before finance ministers can hand over control, debt management offices must be equipped. This requires targeted reforms, including:

    • Capacity building through strategic partnerships: African debt management offices should work with international issuing syndicates and development partners to gain first-hand exposure to structuring, pricing and marketing global bonds.

    • Human capital reforms: Governments must attract and retain highly skilled debt managers by offering competitive pay, professional development opportunities and protection from political interference.

    • Debt management offices must be staffed by dedicated quantitative analysts. They must also be equipped to use real-time market intelligence systems and formal investor relations programmes.

    • Gradual delegation: Authority can be shifted, starting with less complex debt instruments.

    The role of the finance minister must evolve. Ministers should provide strategic leadership: approving borrowing strategies, ensuring alignment with macroeconomic goals, and engaging parliament and the public.

    Their function should shift from operational to institutional oversight and accountability.

    Structural reforms must embed the capacity, autonomy and transparency required for debt management offices to lead effectively.

    In South Africa, for example, the assets and liabilities management division of the National Treasury department manages government’s annual funding programme.

    Professionalising the debt issuance process is not just about avoiding technical mistakes. It’s also about creating resilient institutions that can withstand political turnover. That fosters credibility and long-term access to capital.

    Ministers should remain accountable to the public, and debt management offices must do their work based on technical merit.

    Misheck Mutize is affiliated with the African Union – African Peer Review Mechanism as a Lead Expert on credit ratings

    ref. African finance ministers shouldn’t be making bond deals: how to hand over the job to experts – https://theconversation.com/african-finance-ministers-shouldnt-be-making-bond-deals-how-to-hand-over-the-job-to-experts-259017

    MIL OSI – Global Reports

  • Succession plans for Iran’s Khamenei hit top gear

    Source: Government of India

    Source: Government of India (4)

    The clock’s ticking for senior clerics seeking a successor to Iran’s Supreme Leader Ayatollah Ali Khamenei.

    A three-man committee from a top clerical body, appointed by Khamenei himself two years ago to identify his replacement, has accelerated its planning in recent days since Israel attacked Iran and threatened to assassinate the veteran leader, five insiders with knowledge of the discussions told Reuters.

    Khamenei, 86, is being regularly briefed on the talks, according to the Iranian sources who requested anonymity to discuss highly sensitive matters. He has gone into hiding with his family and is being guarded by the Vali-ye Amr special forces unit of the Revolutionary Guards, a top security official said.

    The ruling establishment will immediately seek to name a successor to Khamenei if he is killed, to signal stability and continuity, according to the sources who acknowledged that predicting Iran’s subsequent political trajectory was difficult.

    A new leader will still be chosen for his devotion to the revolutionary precepts of the Islamic Republic’s late founder Ayatollah Ruhollah Khomeini, according to one insider, who is close to Khamenei’s office and privy to succession discussions.

    At the same time, the top echelon of power is also considering which candidate might present a more moderate face to ward off foreign attacks and internal revolts, the person said.

    Two frontrunners have emerged in the succession discussions, the five insiders said: Khamenei’s 56-year-old son Mojtaba, long seen as a continuity choice, and a new contender, Hassan Khomeini, grandson of the father of the Islamic revolution.

    Khomeini, a close ally of the reformist faction that favours the easing of social and political restrictions, nonetheless commands respect among senior clerics and the Revolutionary Guards because of his lineage, the sources added.

    “I once again humbly express that this small and insignificant servant of the Iranian people stands ready to proudly be present on any front or scene you deem necessary,” the 53-year-old said in a public message of support to the supreme leader on Saturday, hours before the U.S. bombed Iran’s nuclear facilities.

    Khomeini has come into the frame as a serious candidate this month amid the conflict with Israel and America because he could represent a more conciliatory choice internationally and domestically than Mojtaba Khamenei, the five people said.

    By contrast, Khamenei hews closely to his father’s hardline policies, according to the insiders who cautioned that nothing had been determined, candidates could change and the supreme leader would have the final say.

    However, with the military conflict continuing, it remains unclear whether any new leader could be chosen easily or installed securely or if he could assume the level of authority enjoyed by Khamenei, they added.

    Israeli strikes have also killed several of Iran’s top Revolutionary Guards commanders, potentially complicating a handover of power as the elite military force has long played a central role in enforcing the supreme leader’s rule.

    Khamenei’s office and the Assembly of Experts, the clerical body from which the succession committee was drawn, were not available to comment.

    TRUMP: KHAMENEI IS EASY TARGET

    Planning for an eventual handover was already in the works because of Khamenei’s age and the longstanding health concerns of a leader who has dominated all aspects of Iranian politics for decades, the sources said.

    The urgency of the task was underlined in September when Israel killed Hezbollah leader Sayyed Hassan Nasrallah, a close ally of Khamenei’s, and the planning accelerated significantly this month following the Israeli attacks on nuclear sites, which were followed by the American attacks at the weekend.

    “We know exactly where the so-called ‘Supreme Leader’ is hiding,” U.S. President Trump warned on social media last week, calling for Tehran’s unconditional surrender. “He is an easy target.”

    Khamenei hasn’t publicly expressed any preference for his successor. The sources said he had repeatedly opposed the idea of his son taking over, in succession discussions in the past, concerned about any suggestion of Iran returning to the kind of hereditary rule that ended with the ousting of the shah in 1979.

    The role of Supreme Leader was created after the revolution and then enshrined in the constitution giving a top cleric ultimate authority in guiding the elected president and parliament.

    Officially, the leader is named by the Assembly of Experts, made up of 88 senior clerics who are chosen through a national election in which a hardline watchdog body aligned with Khamenei must approve all the candidates.

    “Whether the Islamic Republic survives or not, it will be a very different one, because the context in which it has existed has fundamentally changed,” said London-based Iranian political analyst Hossein Rassam, adding that Hassan Khomeini could fit the bill for a leader to take Iran in a new direction.

    “The regime has to opt for someone who’ll facilitate slow transition.”

    Hassan Khomeini’s close links to the reformist faction of Iranian politics, which pursued an ultimately unsuccessful policy of opening Iran to the outside world in the 1990s, saw hardline officials bar him from running as a member of senior clerical body the Assembly of Experts in 2016.

    The succession planners are aware that Khomeini is likely to be more palatable to the Iranian population than a hardliner, the five insiders said. Last year he warned of a “crisis of rising popular dissatisfaction” among Iranians due to poverty and deprivation.

    By contrast, Mojtaba Khamenei’s views echo those of his father on every major topic from cracking down on opponents to taking a hardline with foreign foes, the sources said – qualities they saw as hazardous with Iran under attack.

    A mid-ranking cleric who teaches theology at a religious seminary in the city Qom, the centre of Iranian religious life, Mojtaba has never held a formal position the Islamic Republic, though exercises influence behind the scenes as the gatekeeper to his father, according to Iran watchers.

    The U.S. Treasury Department imposed sanctions on Mojtaba in 2019, saying he represented the Supreme Leader in “an official capacity despite never being elected or appointed to a government position” aside from working his father’s office.

    OTHER CANDIDATES FALL AWAY

    Several of the candidates long seen as possible successors to Khamenei have already died.

    Former presidents Hashemi Rafsanjani passed away in 2017, former judiciary chief Mahmoud Hashemi Shahroudi died of natural causes in 2018 and former President Ebrahim Raisi was killed in a helicopter crash in 2023. Another senior cleric Sadegh Amoli Larijani, has been sidelined.

    Others, such as the Assembly of Experts member Ayatollah Alireza Arafi, are still in contention but have fallen behind Mojtaba Khamenei and Hassan Khomeini, the five sources said.

    Beyond the most likely candidates, it’s also possible that a less prominent cleric could be chosen as a pawn of Revolutionary Guards, said Ali Vaez, Iran project director at the International Crisis Group think-tank.

    “It is possible that they would put forward a candidate that no one has ever heard of and would not really hold the same levers of power that Ayatollah Khamenei has held now for more than 30 years,” he said.

    The supreme leader’s voice is powerful.

    After the death of the Islamic Republic’s founder Ruhollah Khomeini in 1989, Khamenei was publicly hailed as his predecessor’s choice. Although he had already served as president, Khamenei was only a mid-ranking cleric and was initially dismissed by influential clerics as weak and an unlikely successor to his charismatic predecessor.

    However, he steadily tightened his grip to become Iran’s unquestioned decision-maker, relying on the Revolutionary Guards as he outmanoeuvred rivals and crushed bouts of popular unrest.

    (Reuters)

  • Sensex ends lower in volatile session

    Source: Government of India

    Source: Government of India (4)

    The stock markets started the week on a weak note as tensions escalated in the Middle East, after the United States bombed three nuclear facilities in Iran, showing clear support for Israel in the ongoing conflict.

    The development made investors cautious, leading to a fall in benchmark indices on Monday. The Sensex dropped 511.38 points, or 0.62 per cent, to close at 81,896.79. During the intra-day, it moved between a high of 82,169.67 and a low of 81,476.76.

    Similarly, the Nifty also ended in the red. It fell 140.50 points, or 0.56 per cent, to settle at 24,971.90. The index had touched an intra-high of 25,057 and a low of 24,824.85 during the session.

    Interestingly, broader markets performed better than the frontline indices. The Nifty Midcap100 closed with a gain of 0.36 per cent, while the Smallcap100 rose 0.70 per cent.

    Out of the 30 stocks in the Sensex, HCL Tech, Infosys, Larsen and Toubro, Mahindra and Mahindra, Hindustan Unilever, and ITC were the biggest losers, falling between 2.28 per cent and 1.21 per cent.

    On the other hand, Trent, Bharat Electronics, Bajaj Finance, Kotak Mahindra Bank, and Bajaj Finserv were the top gainers, rising between 3.39 per cent and 0.58 per cent.

    The performance of sectoral indices was mixed as Bank Nifty, Auto, FMCG, and Realty ended in the red while metal, consumer durables, pharma, and media sectors managed to close with gains.

    However, the biggest loser was the Nifty IT index, which declined by 1.48 per cent as stocks like Coforge and Persistent Systems pulled the sector down.

    “Last Friday, markets buildup in anticipation of easing Middle East tensions, following the US announcement of a two-week window to deliberate its involvement in the Israel-Iran conflict,” Vinod Nair of Geojit Investments Limited said.

    “However, the unexpected US airstrike on Iran’s nuclear facilities over the weekend disrupted those expectations, triggering a sharp rise in crude oil prices and leading to consolidation in the domestic equity market,” he added.

    The market’s fear gauge, India VIX, which indicates volatility, rose by 2.74 per cent to 14.05 points.

    The Nifty recovered significantly after a gap-down opening amid weak geopolitical sentiment. A pullback in crude oil prices helped the Indian market pare some of its morning losses, although it still ended on a negative note.

    Meanwhile, the rupee traded weak by 0.11 at 86.75 as the dollar index appreciated toward the 99 mark. “Technically, the rupee remains weak below 86, with the next support seen near 87,” said Jateen Trivedi of LKP Securities.

    (IANS)

  • MIL-OSI United Kingdom: Health and Social Care Secretary speech at RCOG World Congress

    Source: United Kingdom – Government Statements

    Speech

    Health and Social Care Secretary speech at RCOG World Congress

    Health and Social Care Secretary Wes Streeting spoke at RCOG World Congress, announcing a national investigation into maternity and neonatal services.

    Well thank you, Ranee for your welcome, and thanks to the College for giving me this opportunity to address you today, and a warm welcome to those of you who’ve travelled from across the world to be here.

    The National Health Service began with a literal birth, Aneira Thomas, named after my predecessor, and Aneurin Bevan was born at one minute past midnight on the 5th of July, 1948.

    Since then, tens of millions of babies have been delivered by the NHS. Bringing new life into the world is a wonderful thing, and it’s great to be in a room full of the people who spend their professional lives supporting it. You know better than most that this is also a moment of risk and jeopardy for women and their babies, and that that risk is considerably higher than it should be because of the state of the crisis in our maternity and neonatal services here in the UK.

    Within the past 15 years, we’ve seen appalling scandals that blew the lid on issues ranging from care, safety, culture and oversight. Morecambe Bay, Shrewsbury and Telford, East. Kent, Nottingham. The last government responded with initiatives like Better Births in 2016 and the Maternity Transformation Programme. But despite improvements on some metrics, inequalities in maternal and neonatal outcomes have become more visible, not less.

    The rate of maternal deaths has been consistently rising. Babies of black ethnicity are still more than twice as likely to be stillborn than babies of white ethnicity, and black women are still 2 to 3 times more likely to die during pregnancy or shortly after birth than white women. Tragically, that gap is closing slightly, but partly because more white women are dying in childbirth. In September, the Care Quality Commission’s National Review of Maternity Services in England found that almost half of all trusts were rated as requiring improvement on safety. Another 18% were rated as inadequate.

    There is a widespread lack of staff and in some places a lack of potentially life-saving equipment, and some services don’t even record incidents that have resulted in serious harm. Taxpayers who are footing the bill for our failure to get a grip with everything else I’ve just said, it’s no wonder clinical negligence payouts have reached an all-time high £2.8 billion last year, with maternity accounting for 41% of all the money paid out.

    These are the facts. But behind these alarming statistics are people and the lives that have been taken from them. I spent a lot of time with victims of NHS maternity and neonatal scandals and failures during the last year. Listening. Listening to them share with a total stranger the most personal, painful accounts of their experiences and the trauma that occurs when we fail them. When I say we, I don’t just mean the maternity units that failed them. I mean NHS leaders and managers that put protecting their reputations over protecting patients. Or when we put legal advice that says do not admit liability over doing what is right by families. I mean the regulators who failed to hold them to account. And I mean politicians, including me, because the first step in putting this right is being honest about our own mistakes and failures.

    And the truth is, we’re not making progress fast enough on the biggest patient safety challenge facing our country. And I know what that means. Because of the many hours I’ve spent with families left completely traumatised by our failure to get it right every time. When I visit the Nottingham families they arranged themselves around the horseshoe table in date order, with those whose experience goes furthest back, sat to my left and the most recent sat to my right. The most recent was just last year, and I honestly dread the prospect of going to another meeting with another family arriving at that end of the table with another story to tell. This time, one that has happened on my watch.

    Across all of the meetings I’ve had every story is unique, but there are common themes. Some are there because their children died, some because their children suffered injuries that have left them with lifelong complications and disability. Others are women who suffered terrible life changing injuries during childbirth, or fathers left traumatised and unsupported with severe mental health challenges. I’ve seen photographs of their children. I’ve seen the ashes of their children in the tiniest little boxes, and I’ve also seen more courage than I could ever imagine mustering if I had to walk a day in their shoes. Carrying the weight of their trauma. All of them have had to fight for truth and justice. They describe being ignored, gaslit, lied to, manipulated, and damaged further by the inability for a Trust to simply be honest with them that something has gone wrong. They talk to me about the trauma that they experience compounded time and time again. When a hospital Trust or regulator simply turns their back on them, when all they’re searching for is answers.

    It’s their bravery that has brought me to the place that I am today. I want to say publicly how sorry I am sorry for what the NHS has put them through. Sorry for the way they’ve been treated since by the state. And sorry that we haven’t put this right yet. Because these families are owed more than an apology. They’re owed change, they’re owed real accountability, and they’re owed the truth. So today I’m setting out a different approach to the one that’s failed before. We’re going to do it with, rather than to these families. And we’re going to put the voices and experiences of mums, dads and children at the heart of our approach to improving quality, safety and accountability. Maternity safety will become the litmus test for all safety in the NHS. I’m taking personal responsibility for it as Secretary of State and as the staff leading maternity and neonatal services. I need your help because we’re a team and I can’t do this without you. I know the majority of births in England are safe, and I urge all women to engage with their maternity service and raise any concerns they may have about themselves or their baby.

    But for too long, those cases where things do go wrong have been swept under the carpet, and this cannot continue. I know I’m talking to an audience that will embrace this challenge. You will come to work every day to care for people. You are tired, tireless and dedicated in your work. I suspect you’re tired too, with the pressures you’re under. You go to work to do the right thing, and every day there are healthy babies being delivered safely, with moms receiving great care. But we also know that staff are being put in an impossible position far too often. It’s the moral dilemma I’ve heard from midwives, obstetricians and neonatologists across the country. They feel conflicted because they don’t feel their maternity ward or neonatal unit is delivering a safe service every time, and they don’t want to work in an unsafe environment. So they consider leaving. But they also tell me that if they walk away, they’d be letting it down even further.

    This is not a choice any member of staff should have to face. And I’m aware that there’s a risk that we further demoralize a workforce that’s already been on its knees and felt battered working in an NHS in crisis. I also worry about the risk of causing unnecessary fear or anxiety among mums going into labour, and the dads and loved ones holding their hands through the experience is a dilemma I wrestle with all the time. But I won’t do any of us any favours if we’re not honest about the scale of the challenge, so that we can provide a response able to meet it.

    Over the last year, I’ve been wrestling with how we tackle the problems in maternity and neonatal units. And I’ve come to the realization that while there is action we can take now, we have to acknowledge that this has become systemic. It’s not just a few bad units up and down the country. Maternity units are failing. Hospitals are failing. Trusts are failing. Regulators are failing. There’s too much obfuscation, too much passing the buck and giving lip service too much shrugging at a cultural problem that we fail to address. Because of that, we have enormously wide race and class inequalities in maternity care. Women, especially black, Asian, and working class women, are not listened to or given the chance to be advocates for their own health. We have an implicit message from the system that tells women not to have a miscarriage at the weekend. We have women who are classed as having a normal birth, still leaving, traumatised and scarred. And most concerning of all, we have the normalization of deaths of women and babies. We must stop and stop now with the mindset that these things just happen. Our inability to deal with this goes wider than maternity, in fact wider than our health service.

    It goes to the very core of how Britain responds to state failure. I should give a little context for my own outlook. I don’t have a conventional background for someone whose title is Right Honourable. I was born not far from here, actually, at the Mile End Hospital to teenage parents. I experienced poverty growing up and beside a loving family. The reason I’m stood here today is a member of the British Cabinet is because the state got it right, in my case, council housing. A great state education. A welfare state that clothed and fed me.

    [political content removed]

    But I also saw the way the state often treats people from backgrounds like mine. The way the DSS, the social security staff talk to my mum like she was dirt at the bottom of their shoes. The fights my grandmother used to have with Tower Hamlets Council when she ran the local tenants union. So I came into office with a healthy degree of cynicism and skepticism about the state. That doesn’t often come naturally to those of us with left wing politics who fundamentally believe in an active state.

    I’ll be honest with you, as I’ve listened to these family’s experiences of the state and NHS failure, that cynicism has boiled over into hot tears and real anger about what they’ve been put through and what they’re still living with. From the Horizon Post Office scandal to the infected blood scandal, the degradation of responsibility and trust in our institutions is compounding a cynicism and malaise at the ability of British politics, or even democracy, to deliver for people. This is a dangerous place for a country to be. If we do not admit the scale of the failure in maternity services, we’re condemning ourselves to etching that mistrust deeper. If we cannot admit openly that we as institutions and as a state have got this wrong, we will never be able to fix it or rebuild that trust. Too many children have died because of state failure, and I will not allow this to continue under my watch.

    [political content removed].

    So to face up to this, we have to change two fundamental things. First, we must ensure real accountability when things go wrong and give justice to those who’ve been wronged. Second, we must drive real improvements in maternity and neonatal care, which will require clear direction, a change of culture, and for all of us to mobilise as a team to get this right.

    Today I’m announcing a rapid national investigation of maternity and neonatal services, co-produced to include the families who have suffered the worst injustices of maternity care, modelled on the Darzi investigation into the state of the NHS. This will be an evidence-based investigation setting out what’s going wrong and priorities for action. It will look in detail at up to ten maternity units that are giving us greatest cause for concern. And it will report directly to me by Christmas.

    Crucially, the investigation team and terms of reference will be co-produced with the victims of maternity scandals. The investigation will also pull together the recommendations from the other reviews that have taken place to assess progress and provide clarity and direction for the future, so that everyone in the system knows what they’re working to.

    I’m currently discussing with Leeds families the best way to grip the challenges brought to light in that trust by their campaigning reports in the media and the latest CQC report, and I’ll be ordering an investigation into nine specific cases identified by families in Sussex who are owed a thorough account of what happened in those cases.

    I’m also establishing a National Maternity and Neonatal Task Force, which I will chair, bringing together experts, staff, campaigners and representatives of families to help me drive improvement across the NHS.

    We will call on international colleagues so that we understand what works and how to learn from the best and take to the rest, and the Royal College will have a really important role to play in that. I will also continue to meet families throughout the year, to give them a chance to hold me to account and provide them with a direct route to feedback.

    To me, the taskforce will answer some of the most pressing issues the families have put at the top of the list, namely, how can we ensure that women and their partners are always listened to when they raise concerns about their pregnancy or labour? What else should we be doing to save babies and women from dying or being severely harmed? How do we get better at spotting when things go wrong in units, and how do we tackle this before it grows?

    We’ll also bring in a package of measures to start taking action now, increasing accountability across the board and bringing in the cultural change we need to see within the next month. The NHS chief executive, Jim Mackey, and Chief Nursing Officer Duncan Burton will meet the trusts of greatest concern including Leeds, Gloucester, Mid and South Essex and Sussex to hold them to account for improvement working with the NHS leadership. I will set strong and consistent expectations for Trust Chairs, Chief Executives and Boards with overhauled oversight and performance framework and a new performance dashboard. We’ll roll out the new MOSS digital system to flag potential safety concerns and trust much earlier, and support rapid action and roll out a national maternity and neonatal inequalities data dashboard.

    Our ten year plan and upcoming Dash review will look to tackle this safety crisis at its root with an overhaul of the wider patient safety landscape. We will work to declutter this crowded landscape so that the patient experience works for patients again. I brought Mike Richards back to the CQC as chair to turn around that failing organisation, and I will work closely with him to make sure that the Commission is working effectively on behalf of patients and the public.

    Together, these measures will create real accountability, cut through the noise to prevent patterns spiralling and work towards tangible improvements for women and babies. I’m also going to do this with you, as well as the Royal College of Midwives and the other colleges and professional bodies. The Royal College has a reach across the globe and there are maternity professionals from many, many countries here today. These challenges and maternity care are not just in our country. I want to learn from the best systems internationally, and then to showcase how we are taking on the challenge of tackling inequalities across pregnancy and birth head on. Strong clinical leadership really matters. I can’t do this without you. I’m committed to doing this with you, not to you.

    So I know some of what I’ve said today will have been tough to hear, especially for people who give up their time early on a Monday morning to be here because you care about delivering safe and high quality care, and you take pride in your profession. Together, we’ll make sure that women and their partners feel heard and listened to, to make every birth a safe birth, to make high quality the hallmark of maternity services in this country, and to banish avoidable maternity and baby deaths to the history books. So I’m looking forward to working with you in that endeavour.

    Thank you very much.

    Updates to this page

    Published 23 June 2025

    MIL OSI United Kingdom

  • MIL-OSI Russia: “Digital platforms have become a key form of ensuring economic and cultural sovereignty”

    Translation. Region: Russian Federal

    Source: State University Higher School of Economics – State University Higher School of Economics –

    © Mikhail Varushchev / Roscongress Foundation

    HSE Academic Director Yaroslav Kuzminov spoke at the SPIEF-2025 session “In Search of New Sources of Growth: Is a Different Model of Global Financial and Trade Architecture Possible?” The discussion was built around processes in the global economy related to the strengthening of multipolarity and the increasing role of new centers of global growth — states of the Global South and East. The participants discussed the potential and possibilities of a new model of international interaction.

    The global economy is often viewed as a dual system consisting of two large blocs, currently led by the United States and China. However, the world is much more complex, noted Yaroslav Kuzminov.

    “The collective West is trying to preserve itself as a single market system with single institutions, offering them to the rest of the world, but its foundation – free trade and unconditional protection of private property – is now being subjected to crushing blows from national and bloc protectionism. On the other hand, China, with all its economic and technological power, cannot act as the leader of the second world, it cannot gather around itself, as the United States did in its time or the Soviet Union did, other countries, because it is not free,” he said.

    The HSE academic director explained that American and Soviet leadership was based on two pillars: basic defense spending and economic preferences for allies. Now, countries are creating their own economies that are resilient to external influences. This implies the development of domestic production and the diversification of export markets. But this is not enough for sustainable economic growth, especially in the context of the global technological revolutions that are currently taking place.

    “The future is very uncertain, it is very difficult to make forecasts. If earlier the source of uncertainty was only future technologies, today it is geopolitical ruptures and geopolitical unions,” noted Yaroslav Kuzminov.

    In his opinion, the key argument for future technological power and future economic power is R

    “The problem of the center and the periphery arises, and this problem can only be solved by an extremely politically complex pooling of resources, pooling the efforts of different countries, which requires a degree of trust and a level of awareness of the common interest that, in my opinion, is simply impossible to achieve now. In these conditions, almost all technological innovations are developed within national frameworks, and this is where the problem of the “golden nail” arises. The “golden nail” is the problem of a deficit in the scale of the market. We can offer any breakthrough things, but if our market is limited to hundreds of millions of people and we compete with companies that have a market of billions of people, we will still have a “golden nail”. Therefore, it is necessary to single out those companies, those technological areas that correspond to the scale of the politically accessible market, and in other cases talk about localizing transnational companies in their sales markets, setting requirements for these companies to operate in national markets. I would call this the internal rooting of transnational companies ready to work with national jurisdictions,” says Yaroslav Kuzminov.

    At the same time, he noted that completely new solutions are not in the sphere of technology, the market is growing not only due to them. First of all, this is logistics: logistics chains have changed, two political zones of rupture have formed between the EU and Russia and in the Middle East. In these conditions, opportunities arise for countries such as Malaysia, Vietnam and India, which act as trade hubs.

    The most important elements of global changes are also related to the human capital of the golden billion countries, the HSE scientific director said. If in the countries of the collective West the share of the middle class is decreasing due to the share of families requiring state support, including migrants, then in the countries of Asia and the South it has grown to a third of the population, in Russia it is also about 35%.

    The middle class is people who can and want to choose, and who have the income and education to do so. The growth of the middle class leads to the formation of political and cultural innovations that act as economic drivers to the same extent as technological solutions. Middle class consumption acts as an economic driver along with heavy technological innovations.

    The second engine is the digital economy, which has received a new lease of life thanks to economically significant digital platforms. “Digital platforms have become a key form of ensuring economic and cultural sovereignty, and countries that underestimate their role will lose strategically,” Yaroslav Kuzminov summed up. The US, China, and Russia have their own platforms and digital ecosystems, he emphasized.

    The Global South is more diverse than the Soviet and Western systems of the past, it includes many regions with different levels of development and has not yet formed structurally, believes Andrey Kostin, President and Chairman of the Management Board of VTB Bank. Despite the fact that today the BRICS countries produce no less than the G7 countries, the entire financial infrastructure is controlled by Western countries and has ceased to be effective due to the fact that the balance of power has changed.

    “Due to the fact that the South is complex in itself, the internal relations are very difficult, we are still moving slowly. We need to create our own alternative center of the Global South and use settlements in national currencies. Sooner or later we will have to come to some denominator, we will have to create our own financial market infrastructure, because the current financial system meets exclusively the interests of the West. There are calculations that the BRICS countries lose about 30 billion a year on settlements through the dollar system. Perhaps the countries would survive this, but the political pressure that is exerted with the help of the dollar is, of course, unacceptable,” he said.

    Deputy Prime Minister of the Russian Federation Alexey Overchuk noted the importance of developing integration in the post-Soviet space. “We strive first and foremost to try to create conditions for reducing the costs of our producers of goods and services here, at home, inside. We started with measures to protect our own market and create a single customs circuit in order to control the market inside, develop relevant technical regulations, standards and reduce barriers as much as possible. And we have largely achieved this: trade within the CIS is developing much faster than trade with countries of the outside world,” he emphasized.

    At the same time, work is actively underway to develop international transport corridors to the markets of the Global South and to conclude agreements on free trade zones in order to provide the most comfortable environment for the promotion of Russian goods.

    The founder of En Group, Chairman of the Supervisory Board of the P.A. Stolypin Institute for Growth Economics Oleg Deripaska believes that the task of doubling the Russian economy over the next 12 years is quite realistic. To do this, it is necessary, among other things, to create competitive production in aviation and transport power engineering. He called on businesses not to wait for the end of geopolitical tensions, but to actively develop now, in the current conditions.

    Russian Finance Minister Anton Siluanov noted that BRICS financiers are currently working in three main areas: the creation of cross-border payment, inter-depository, insurance and reinsurance infrastructure.

    The issue of the need to create a BRICS depository infrastructure was raised by Russia during its presidency of the association. However, this issue is not easily resolved. “We see that many countries are wary of investments, of settlements with our country, but I want to say that the question of how profitable it is, how profitable it is, is always at issue here. The desire to earn money solves any problem,” he explained.

    Anton Siluanov also spoke in favor of joint recognition of rating agencies within the BRICS framework. The head of the Ministry of Finance noted that partners from China are already very actively applying their rating assessments to business, including in Russia.

    In addition, the session was attended by the Minister of Foreign Trade of Qatar Ahmad bin Mohammed Al Sayed, Chairman of the Board of Directors of the African Export-Import Bank Benedict Okey Oramah and President of the Black Sea Trade and Development Bank Serhat Koksal.

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

    MIL OSI Russia News

  • MIL-OSI Canada: Escape from Stony Mountain Institution, minimum-security unit

    Source: Government of Canada News (2)

    June 23, 2025 – Stony Mountain, Manitoba – Correctional Service Canada

    On June 23, 2025, staff members at Stony Mountain Institution, a multi-level security federal institution, discovered that Jason David Vanwyck was not accounted for.

    The Correctional Service of Canada (CSC) immediately contacted the Stonewall Detachment of the Royal Canadian Mounted Police and a warrant for the offender’s arrest has been issued.

    Jason Vanwyck is 41 years old, measures 183 cm (6′0″) in height and weighs 109 kg (241 lb). The offender has a fair complexion, green eyes and brown hair.

    He is currently serving a 2-year, 25-day sentence for break, enter and commit (3 counts), break and enter with intent, theft under $5000 (3 counts), assault with a weapon (2 counts), utter threat to cause death/harm and mischief in relation to other property.

    Anyone who has information on the whereabouts of Jason Vanwyck is asked to contact the police.

    CSC will investigate the circumstances of this incident and is working with the police to locate the offender as quickly as possible.

    CSC has given the police all of the information available to help arrest the offender. 

    MIL OSI Canada News

  • MIL-OSI Asia-Pac: Speech by CE at Greenway 2025 – Accelerating Changes (English only) (with photos/video)

    Source: Hong Kong Government special administrative region

         â€‹Following is the speech by the Chief Executive, Mr John Lee, at Greenway 2025 – Accelerating Changes today (June 23):
     
    Your Excellency Ambassador Harvey Rouse (Ambassador and Head of Office of the European Union to Hong Kong), Mr Iñaki Amate (Chair of the European Chamber of Commerce in Hong Kong), consuls-general, heads of chambers, ladies and gentlemen,
     
         Good afternoon. It is a great pleasure to join you, once again, at the Greenway forum, the fourth edition, this year under the theme of “Accelerating Changes”. And, as before, it’s organised by the European Union Office to Hong Kong and Macao, and the European Chamber of Commerce in Hong Kong.
     
         The European Union (EU) has long been one of Hong Kong’s long-standing business partners. Hong Kong takes pride in being home to 1 640 EU (European Union) companies, which makes the EU the largest foreign business community in Hong Kong. Thank you and welcome indeed.
     
         Alongside business, we come together in so many others areas of mutual interest, from education and cultural exchange to innovation and technology pursuits. And, yes, to the environment – to global warming and all the complexities it entails.
     
         Because climate change affects us all, it must involve us all. Each and every one of us.
     
         The World Meteorological Organization’s latest report, published last month, notes that there is a 70 per cent chance that the five-year average warming, for 2025 to 2029, will exceed 1.5 degrees Celsius. That’s up significantly from the 47 per cent chance forecast in its report last year. So from a 47 per cent chance the forecast jumped to 70 per cent.
     
         Allow me, for the next few minutes, to tell you what Hong Kong is doing to work against the universal threat of climate change, and to achieve climate neutrality.
     
         Since Hong Kong reached its carbon peak, in 2014, our carbon emissions have dropped by about a quarter. In 2023, our per capita carbon emissions were about 4.58 tonnes. To put that in perspective, it is 60 per cent of the EU’s emissions, so we aren’t doing too badly, and only one quarter of that of the United States.
     
         Hong Kong is well on its way to cutting its carbon emissions in half by 2035, achieving carbon neutrality before 2050, which is our stated goal.
     
         Last week, we welcomed the news that Hong Kong is once again one of the world’s top three most-competitive economies. We are dedicated to decarbonising this international financial, shipping and trade centre while keeping up with our competitiveness. And we do that by engineering green transformation through innovation.
     
         Hong Kong’s prowess in financial services places us, favourably, in becoming Asia’s premier hub for green and sustainable finance. With our financing platforms, we could help to mobilise the capital for climate solutions, while ensuring robust integrity within our financial markets.
     
         Last year, the total green and sustainable debts issued in Hong Kong exceeded US$84 billion. And the volume of green and sustainable bonds arranged here amounted to US$43 billion. That places us first in the Asian market for seven years in a row, capturing 45 per cent of the region’s total.
     
         Our regulatory framework is fundamental to creating a sustainable finance ecosystem. The Hong Kong Monetary Authority published the Hong Kong Taxonomy for Sustainable Finance last year, aligning our taxonomy with the two mainstream taxonomies of the Mainland and the European Union. Encompassing economic activities in power generation, transportation, construction, and water and waste management, it will facilitate green finance flows and promote sustainable development.
     
         Like our economy, Hong Kong’s resolve to green transformation goes beyond finance. Consider green transport, a transformation moving into the fast lane on our roads. The adoption of electric vehicles has been remarkable.
     
         Just five years ago, Hong Kong was home to about 14 000 electric vehicles. By the end of last year, that number had surged to about 110 000, that’s seven times more.
     
         Today, seven out of every 10 newly registered private cars in our city are electric. That, ladies and gentlemen, is among the highest growth rates in the world.
     
         Vehicles, of course, are only one part of a complex equation. An extensive and convenient charging network is the backbone of any electric vehicle revolution.
     
         Our strategy is people-centric, recognising that the best place to charge is at home or at the workplace. Through our EV-charging at Home Subsidy Scheme, we expect to see charging infrastructure installed in about 140 000 parking spaces in private residential buildings by the 2027-28 financial year. That will enable a smooth and non-disruptive electric vehicle transition for thousands of households.
     
         As for our world-class public transport system, we have unveiled a clear Green Transformation Roadmap for public buses and taxis.
     
         Through targeted subsidy schemes, that will fast-track the introduction of about 600 electric buses and 3 000 electric taxis. We are managing the transition in an orderly manner, using incentives rather than penalties, to ensure that our green ambitions don’t translate into additional costs for passengers.
     
         Our vision for green mobility goes well beyond the road. As one of the world’s premier aviation hubs, we’re looking to the skies, too, to chart the green way to our transport future.
     
         Sustainable Aviation Fuel, or SAF, is critical to the long-term future of air travel. It’s also essential to ensuring Hong Kong’s continuing leadership in aviation.
     
         SAF has the potential to reduce life-cycle carbon emissions by more than 80 per cent compared to conventional jet fuel. The Hong Kong SAR (Special Administrative Region) Government is working closely with the Airport Authority to set a clear target for SAF consumption.
     
         Globally, SAF supply is limited, and the cost remains high. And we see this as an opportunity for Hong Kong to innovate and lead.
     
         We are exploring a range of supply options, including collaborations with enterprises in the Mainland and internationally. Our goal is to establish a stable and competitive regional supply chain for SAF, taking advantage of our unique position within the Guangdong-Hong Kong-Macao Greater Bay Area. It will accelerate the decarbonisation of our aviation industry and provide greener travel options.
     
         Our green ambitions also extend to the iconic Victoria Harbour, a vital artery for our city. Our Pilot Scheme for Electric Ferries will shape the future of maritime transport.
     
         With a commitment of HK$350 million, the Government is subsidising the construction of new electric ferries and their charging infrastructure, allowing operators to test the new green technology in local waters with full support.
     
         The first two of these pioneering vessels are already navigating Victoria Harbour, following rigorous testing.
     
         Beyond the local waters, we are greening the vast shipping lanes that connect Hong Kong to the world. Hong Kong is already a top 10 port for vessel refuelling.
     
         To build on this, we launched an Action Plan on Green Maritime Fuel Bunkering late last year, with the goal of transforming Hong Kong into a leading international centre for green maritime fuel bunkering.
     
         Industry response has been overwhelmingly positive, with key partners worldwide expressing strong interest in developing the services here. Hong Kong will spearhead the global effort in decarbonising shipping and, in doing so, create new economic opportunities. Something my good friend has already said: “Green actually means business.”
     
         When it comes to environmental connectivity, I’m pleased to note that EU companies play an important role in Hong Kong’s waste management and recycling facilities.
     
         And I look forward to the expertise and support of EU companies in the Northern Metropolis, our new engine for growth dedicated to green living, and the area’s long-term green development.
     
         Ladies and gentlemen, Hong Kong has an iconic skyline. It also holds a treasure of having some 40 per cent of its land pulsing as the city’s green lungs, with country parks breathing life into our metropolis, conservation areas cradling biodiversity little seen in other global financial hubs.
     
         This is Hong Kong’s defining paradox: where business and ecology coexist in symphony. For us, economic dynamism and environmental stewardship aren’t just compatible – they’re dual engines propelling our future. We balance development with sustainability. And we will do all we can to work with other places, the EU very much included, on the green way forward.
     
         I look forward to building strong ties with the EU, to finding solutions to climate change, to creating far-reaching opportunities for us all.
     
         My thanks to the organisers, the European Union Office to Hong Kong and Macao and the European Chamber of Commerce in Hong Kong. I’m grateful, too, to today’s supporting organisations – the Business Environment Council, the Consulate General of Sweden and the Hong Kong General Chamber of Commerce.
     
         I am certain you will enjoy today’s Greenway forum, and I look forward to our continuing, rewarding, co-operation in the years to come. Thank you.

    MIL OSI Asia Pacific News

  • MIL-OSI Africa: African finance ministers shouldn’t be making bond deals: how to hand over the job to experts

    Source: The Conversation – Africa – By Misheck Mutize, Post Doctoral Researcher, Graduate School of Business (GSB), University of Cape Town

    Eurobonds, debts owed in a foreign currency, have become a quick and attractive way for African countries to borrow money. They are behind a sharp rise in commercial borrowing as a percentage of total external debt: it has nearly doubled from 27% in 2011 to 52% in 2020. This has increased the debt vulnerability of most African countries.

    Recent developments, however, show that most of the bonds have not been structured properly. As a result, African countries are paying way over the odds relative to their sovereign risks.

    Based on my bond price modelling expertise, it is my view that there are two major drivers of the mispricing of African government bonds. They are interlinked.

    Firstly, a lack of expertise in debt management offices, whose job it is to negotiate the terms of any debt deals and to oversee their execution. This is a topic I explored in a recent article.


    Read more: African countries are bad at issuing bonds, so debt costs more than it should: what needs to change


    The second factor, which I address here, is that in many African countries, finance ministers have assumed primary responsibility for Eurobond issuance. They engage directly with investment bankers, legal advisors and credit rating agencies.

    In my view they shouldn’t.

    Finance ministers should stay away from debt negotiations because they are political appointees. They operate under incentives tied to electoral cycles, not fiscal sustainability. Their short tenures and desire to fund visible projects often conflict with the long-term nature of sovereign debt obligations.

    They don’t have the necessary expertise to handle the technical complexity required to get the best possible deal, either.

    Simply calling for ministers to step aside would ignore the institutional realities in most African countries. In particular, debt management offices have severe capacity constraints.

    Nevertheless, as global financial conditions tighten and African countries seek to refinance maturing Eurobonds or issue new instruments, the risks of politicised borrowing must be minimised. Ministers should spend their energies on ensuring their debt management offices are well staffed with top quality teams. They should then leave it up to these technical staff to prepare and arrange the financing.

    This would leave room for ministers to manage any disagreements between technical staff and the banks when necessary. And to close the final deal.

    Ministers versus the experts

    Eurobond issuance involves advanced financial engineering – pricing models, investor engagement, covenant structuring and legal compliance across jurisdictions. It takes a deep understanding of capital markets.

    When debt management offices are operating at their best, they are filled with people who have this knowledge. They have a combination of financial market and public policy skills, including debt portfolio management, risk analysis and debt transaction processing.

    In discussions with debt managers at the African Sovereign Debt Conference it’s become clear to me that debt managers are sidelined in the international bond issuance negotiations. They are also sidelined in the execution process, except for administrative support.

    What happens instead is that finance ministers are usually key contacts of the investment bankers. By approaching a minister directly, investment bankers get to close their mandates faster.

    But this minimises due diligence and bypasses internal safeguards. Ministers may not pay attention to complex legal clauses under foreign jurisdictions, details of investor negotiations and fee structures. They may accept unfavourable terms, ignore sustainability assessments and obscure fiscal vulnerabilities in pursuit of political wins and quick disbursements.

    For example, in 2018, Ghana’s then finance minister was internationally lauded for financial stewardship. Ghana was the first African issuer of a longest tenure and a zero-coupon bond. A year later, the country defaulted, suggesting the bond terms weren’t great for the country. The minister nevertheless received several awards as the best and most prudent in Africa.

    There is also the issue of conflicts of interest. When the same actor – in this case the finance minister – proposes, negotiates and approves a debt instrument, the system lacks accountability.

    In many African countries, parliaments, audit institutions and civil society have limited understanding about the technical details of bond agreements. Ministers can easily sideline procurement rules and transparency mechanisms, resulting in non-competitive contracts and opaque fees paid to underwriters and advisors.

    Investment bankers prefer this arrangement as it works in their favour.

    Reforms that are needed

    Before finance ministers can hand over control, debt management offices must be equipped. This requires targeted reforms, including:

    • Capacity building through strategic partnerships: African debt management offices should work with international issuing syndicates and development partners to gain first-hand exposure to structuring, pricing and marketing global bonds.

    • Human capital reforms: Governments must attract and retain highly skilled debt managers by offering competitive pay, professional development opportunities and protection from political interference.

    • Debt management offices must be staffed by dedicated quantitative analysts. They must also be equipped to use real-time market intelligence systems and formal investor relations programmes.

    • Gradual delegation: Authority can be shifted, starting with less complex debt instruments.

    The role of the finance minister must evolve. Ministers should provide strategic leadership: approving borrowing strategies, ensuring alignment with macroeconomic goals, and engaging parliament and the public.

    Their function should shift from operational to institutional oversight and accountability.

    Structural reforms must embed the capacity, autonomy and transparency required for debt management offices to lead effectively.

    In South Africa, for example, the assets and liabilities management division of the National Treasury department manages government’s annual funding programme.

    Professionalising the debt issuance process is not just about avoiding technical mistakes. It’s also about creating resilient institutions that can withstand political turnover. That fosters credibility and long-term access to capital.

    Ministers should remain accountable to the public, and debt management offices must do their work based on technical merit.

    – African finance ministers shouldn’t be making bond deals: how to hand over the job to experts
    – https://theconversation.com/african-finance-ministers-shouldnt-be-making-bond-deals-how-to-hand-over-the-job-to-experts-259017

    MIL OSI Africa

  • Union Home Minister Amit Shah to chair 25th meeting of Central Zonal Council in Varanasi

    Source: Government of India

    Source: Government of India (4)

    Union Home Minister and Minister of Cooperation Amit Shah will chair the 25th meeting of the Central Zonal Council on Tuesday, June 24, in Varanasi, Uttar Pradesh. The meeting, organized by the Inter-State Council Secretariat under the Ministry of Home Affairs in collaboration with the Government of Uttar Pradesh, will bring together key policymakers from the central and state governments.

    Chief Ministers of the member states—Chhattisgarh, Madhya Pradesh, Uttarakhand, and Uttar Pradesh—along with two senior ministers from each state, will participate in the meeting. The Chief Secretaries and other senior officials of these states, as well as representatives from central ministries, will also be in attendance.

    The Central Zonal Council is one of the five Zonal Councils established under Sections 15 to 22 of the States Reorganisation Act, 1956. These councils were created to foster cooperation and coordination between states and the Centre. The Union Home Minister serves as the chairperson of all five councils, while the Chief Ministers, Lieutenant Governors, or Administrators of the member states and Union Territories act as members. Each year, the Chief Minister of one member state is appointed vice-chairperson on a rotational basis, and two ministers are nominated by the Governor of each member state.

    To streamline discussions, each Zonal Council has a permanent committee at the level of Chief Secretaries. State-proposed issues are first examined by this committee before being brought to the full council meeting for further deliberation.

    Under the leadership of Prime Minister Narendra Modi, Zonal Councils have evolved from purely advisory bodies into key forums for dialogue and cooperation. The Prime Minister has consistently emphasized the importance of both cooperative and competitive federalism in driving the all-round development of the nation. These councils have thus become effective platforms for discussing and resolving inter-state and Centre-state issues.

    In the past eleven years, 61 meetings of the various Zonal Councils and their permanent committees have been held, reflecting growing cooperation among state governments and central departments.

    The councils have also addressed matters of national importance, such as ensuring the swift investigation and resolution of sexual offense cases against women and children, including the implementation of Fast Track Special Courts (FTSC). Other key issues include expanding access to banking services in every village, the rollout of the Emergency Response Support System (ERSS-112), and regional priorities like improving nutrition, health, education, electricity access, urban planning, and strengthening the cooperative sector.

  • Union Home Minister Amit Shah to chair 25th meeting of Central Zonal Council in Varanasi

    Source: Government of India

    Source: Government of India (4)

    Union Home Minister and Minister of Cooperation Amit Shah will chair the 25th meeting of the Central Zonal Council on Tuesday, June 24, in Varanasi, Uttar Pradesh. The meeting, organized by the Inter-State Council Secretariat under the Ministry of Home Affairs in collaboration with the Government of Uttar Pradesh, will bring together key policymakers from the central and state governments.

    Chief Ministers of the member states—Chhattisgarh, Madhya Pradesh, Uttarakhand, and Uttar Pradesh—along with two senior ministers from each state, will participate in the meeting. The Chief Secretaries and other senior officials of these states, as well as representatives from central ministries, will also be in attendance.

    The Central Zonal Council is one of the five Zonal Councils established under Sections 15 to 22 of the States Reorganisation Act, 1956. These councils were created to foster cooperation and coordination between states and the Centre. The Union Home Minister serves as the chairperson of all five councils, while the Chief Ministers, Lieutenant Governors, or Administrators of the member states and Union Territories act as members. Each year, the Chief Minister of one member state is appointed vice-chairperson on a rotational basis, and two ministers are nominated by the Governor of each member state.

    To streamline discussions, each Zonal Council has a permanent committee at the level of Chief Secretaries. State-proposed issues are first examined by this committee before being brought to the full council meeting for further deliberation.

    Under the leadership of Prime Minister Narendra Modi, Zonal Councils have evolved from purely advisory bodies into key forums for dialogue and cooperation. The Prime Minister has consistently emphasized the importance of both cooperative and competitive federalism in driving the all-round development of the nation. These councils have thus become effective platforms for discussing and resolving inter-state and Centre-state issues.

    In the past eleven years, 61 meetings of the various Zonal Councils and their permanent committees have been held, reflecting growing cooperation among state governments and central departments.

    The councils have also addressed matters of national importance, such as ensuring the swift investigation and resolution of sexual offense cases against women and children, including the implementation of Fast Track Special Courts (FTSC). Other key issues include expanding access to banking services in every village, the rollout of the Emergency Response Support System (ERSS-112), and regional priorities like improving nutrition, health, education, electricity access, urban planning, and strengthening the cooperative sector.

  • MIL-OSI United Kingdom: £380 million boost for creative industries to help drive innovation, regional growth and investment

    Source: United Kingdom – Executive Government & Departments

    Press release

    £380 million boost for creative industries to help drive innovation, regional growth and investment

    Thousands of creative professionals and businesses across the UK are set to benefit from a new £380 million investment package as part of the Creative Industries Sector Plan.

    • £380 million in targeted funding to support innovation, access to finance, R&D, skills and regional growth across the UK as part of Creative Industries Sector Plan

    • Sector Plan set to nearly double business investment in creative industries to £31 billion by 2035 with 2,000 new film and TV apprenticeships to be delivered

    • Comes as part of Industrial Strategy which sets out government’s ten-year plan to make the UK the best place to do business and unlock growth as part of the Plan for Change

    • New Creative Content Exchange will be a marketplace to sell, buy, license and enable permitted access to digitised cultural and creative assets

    From grassroots music venues to world-class film studios, thousands of creative professionals and businesses across the UK are set to benefit from a new £380 million investment package.

    The investment underpins the Creative Industries Sector Plan, which sets out a clear direction on how the Government aims to build a sector that drives regional growth, is financially resilient and is globally competitive.

    Published alongside the Government’s Industrial Strategy today (23 June), the plan outlines a bold vision to nearly double business investment in the sector by 2035 – from £17 billion to £31 billion – cementing the UK’s position as a global creative superpower.

    The £380 million package is part of the wider plan to deliver targeted investment to create thousands of new jobs and opportunities in sub-sectors like film and TV, music, performing and visual arts, video games and advertising, while generating economic growth in six regions outside London over the next three years.

    The wider plan also includes a significant increase in support available from the British Business Bank (BBB), as part of its £4 billion Industrial Strategy Growth Capital, which will help creative businesses grow and create jobs.

    The Sector Plan aims to make the UK the best place globally to invest in creativity and drive innovation and tech adoption by 2035, with targeted support for:

    • A £150 million Creative Places Growth Fund for six regions outside London, empowering local Mayors to support creative businesses in their communities with access to finance, mentoring and networking opportunities to help them connect with investors and skills programmes. 
    • At least £50 million for a new wave of Creative Industries Clusters across the UK to accelerate research and development, doubling investment from UK Research and Innovation (UKRI) in clusters to £100 million. Clusters bring together universities, businesses, local and regional policymakers, and private funders to drive research, innovation and growth in the creative industries.
    • £25 million for five new innovative UKRI CoSTAR R&D labs and two showcase spaces, which will develop cutting-edge technologies like those used in Abba Voyage and award-winning theatre productions such as last year’s Olivier Award-winning stage adaptation of The Picture of Dorian Gray.

    Building on the Government’s commitment to ensure a robust copyright regime and support UK IP, the plan includes the establishment of a Creative Content Exchange. It will act as a trusted marketplace for selling, buying, licensing and enabling permitted access to digitised cultural and creative assets, opening up new revenue streams for content owners.

    The industry plan responds directly to what the sector has said it needs – better access to finance, stronger skills pipelines, and support for innovation – and lays out a roadmap to deliver it.

    This includes upskilling the next generation of creative talent through a £10 million investment in the National Film and Television School (NFTS) which will help to train 2,000 new trainees and apprentices over the next decade – backed by industry giants such as the Walt Disney Company, the Dana and Albert R. Broccoli Foundation, and Sky.

    The investment will also go towards a new £9 million creative careers service, which will help raise awareness of opportunities and provide pathways into the sector for young people. 

    The UK’s leading creative industries, recognised across the world, are a major driver of economic growth as part of the Plan for Change – driving in £124 billion a year to our economy and employing 2.4 million people across the UK. Over the last decade the sector has increased its output more than one and a half times faster than the rest of the economy.                  

    Culture Secretary Lisa Nandy said:

    Our creative industries are powerful economic drivers in this country. By placing them at the heart of our Industrial Strategy this Sector Plan, backed by £380 million of investment, will boost regional growth, stimulate private investment, and create thousands more high-quality jobs.

    This Sector Plan will help nearly double business investment to £31 billion by 2035, supporting our mission to raise living standards everywhere as part of our Plan for Change, ensuring the UK remains the world’s creative powerhouse.

     Business and Trade Secretary Jonathan Reynolds said:

    The UK’s creative industries are world-leading and have a huge cultural impact globally, which is why we’re championing them at home and abroad as a key growth sector in our Modern Industrial Strategy.

    We’ve seen the power of investment, with this Government welcoming around £100 billion into the UK since taking office, and our Strategy will not only ensure that the UK is the best country to invest and do business in, but deliver economic growth that puts more money in people’s pockets.

    Sir Peter Bazalgette, Co-Chair, Creative Industries Council, said: 

    This ambitious plan for growth represents a coming of age for the creative sector. Crucially the plans for R&D funding and Access to Finance for SMEs are exciting step changes.

    Baroness Shriti Vadera, co-chair of the Creative Industries Council, said: 

    This strategy recognises that the UK Creative Industries are one of the most innovative sectors in the UK economy and have a strong comparative advantage internationally. The work now begins to cement their role as a driver of growth and a global creative super power.

    The investment also includes tailored packages for high-growth sub-sectors through:

    • A £75 million Screen Growth Package supporting UK content development and international investment, and showcasing the best of UK and international film. This includes an enlarged UK Global Screen Fund and scaled-up BFI Film Academy to support 16–25 year olds from underrepresented backgrounds to enter the film industry.
    • A Music Growth Package worth up to £30 million, helping emerging artists break through at home and abroad. Measures will create new touring, performance, mentoring and export opportunities for emerging talent, while also delivering a significant uplift in funding for the grassroots sector to support small venues and help them to platform more high-potential artists.
    • A £30 million Video Games Growth Package, backing the next generation of start-up games studios and developers. This will drive inward investment in the sector through expansion of the UK Games Fund (UKGF) as well as new support for the London Games Festival.

    The Sector Plan also includes support for emerging fashion designers through the British Fashion Council’s NEWGEN programme, to help them showcase their work at London Fashion Week and secure business mentoring.

    The Creative Industries Sector Plan maps out in detail how the Government will support the sector to grow even further over the next decade through a focus on boosting regional growth, innovation, access to finance, skills and exports.

    It will also see the Department for Business and Trade ramp up the number of creative trade missions and markets it targets, such as in the Asia-Pacific. Funding will be increased for major creative trade shows such as SXSW and Cannes Lions.

    The Sector Plan was developed in partnership with the Creative Industries Taskforce, Creative Industries Council, businesses, devolved governments, and regional stakeholders. It builds on the recent £270 million Arts Everywhere Fund supporting cultural venues across the nation.

    ENDS

    Notes to editors:

    • The full Creative Industries Sector Plan can be found here.
    • The British Business Bank (BBB) is a state-owned economic development bank established by the UK Government. Its aim is to increase the supply of credit to small and medium-sized businesses and provide business advice services.
    • The BBB has significantly increased its support for the creative industries as part of its £4 billion Industrial Strategy Growth Capital, including through support with debt and equity finance. 
    • The new £150 million Creative Places Growth Fund will be devolved to six Mayoral Strategic Authorities: West Midlands, West of England, West Yorkshire, the North East, Liverpool City Region and Greater Manchester. 
    • CoSTAR labs and the Creative Industries Clusters are delivered by the UKRI Arts and Humanities Research Council.
    • The new Music Growth Package worth up to £30 million follows the Government advocating for an industry-led levy on stadium and arena tickets to support grassroots music. 
    • The establishment of a Creative Content Exchange will act as a trusted marketplace for selling, buying, licensing and enabling permitted access to digitised cultural and creative assets. This new marketplace will open up new revenue streams and allow content owners to commercialise and financialise their assets while providing data users with ease of access.
    • The Sector Plan follows the Government’s recent announcement of more than £270 million that will be invested in arts venues, museums, libraries and heritage buildings as part of the Arts Everywhere Fund, to help organisations in need of support to stay up and running, carry out vital infrastructure work and improve their financial resilience.

    Further quotes

    Caroline Norbury, Chief Executive, Creative UK, said:

    The Sector Plan signals that the creative industries are central to the UK’s growth story. From freelancers to scale-ups, this is a step towards the joined-up support our sector needs – and Creative UK stands ready to work with government and industry partners to turn ambition into action. 

    As we move into delivery mode, it’s essential that all parts of the sector – from cultural organisations to creative tech firms – are empowered to grow, invest and contribute fully to the UK’s economic future.

    Ben Roberts, Chief Executive, BFI, said:

    We welcome the Government’s decision to put the creative industries at the centre of its growth strategy. The UK’s screen sector is already a global leader, generating billions for the economy and pioneering new ideas. 

    With a firm focus on developing the sector across the UK, this investment can unlock fresh opportunities – from growing the sector’s talent pool and strengthening creative clusters nationwide, to opening new international markets for UK screen businesses and advancing creative technology innovation, including the CoSTAR work which the BFI is proud to be a partner on.

    UK Music Chief Executive Tom Kiehl said:

    UK Music welcomes the Government’s creative industries sector plan and the important status that it gives to music. The plan rightly recognises our world-beating £7.6 billion music sector as an essential high growth driving part of the creative industries.

    It is hugely welcome that funding packages and programmes are being made available to turbocharge the music industry and we are incredibly excited at the opportunity to be working with the Government to deliver on this.

    Barbara Broccoli, EON Productions, said:

    I’m thrilled the Government is joining forces with the National Film and Television School as part of its Industrial Strategy. The NFTS is a world-class institution that has trained some of the most talented members of our industry and I’m especially pleased this investment will focus on much needed support for persons with disabilities.

    Cecile Frot-Coutaz, CEO, Sky Studios and Chief Content Officer, Sky, said:

    Sky is proud to support the National Film and Television School’s expansion plans and growth ambitions, as part of the Government’s Industrial Strategy. As one of the world’s leading institutions for film, television and games, the NFTS plays a vital role in developing the UK’s creative talent. Our investment underscores our commitment to skills development and sector growth, and we’re excited to see future generations benefit from the school’s outstanding work.

    Jon Wardle, Director, National Film and Television School, said:

    The real world impact of the Sector Plan in action will be felt through the NFTS’s expanded ability to train world-class, diverse talent and fuel growth in a sector where the UK is a global leader. In a challenging climate for the creative industries, the support from the government isn’t just welcome, it’s strategic.  This investment in the NFTS reinforces a commitment to skills, innovation, and the long-term future of the creative economy.

    Wayne Garvie, President International Production, Sony Pictures Television, said:

    The NFTS is an unparalleled training ground for British creativity and it’s wonderful that the Government both recognises the importance of the film and television sector in its Industrial Strategy and the role the NFTS plays in developing the next generation of great British creative talent.

    Darren Henley, Chief Executive, Arts Council England, said:

    Ambition, excellence and innovation are the golden threads that run through the work of our artists, musicians, dancers, actors, writers, directors and producers. It’s what we’re famous for here at home and on the international stage. This new plan highlights the breadth and brilliance of our nation’s creative professionals and cultural organisations. It provides a roadmap for supercharging the growth of our sector and for nurturing the next generation of British talent, creating jobs across the country and delighting audiences here and around the globe.

    Andrew Georgiou, President & Managing Director for Warner Bros. Discovery UK & Ireland and Warner Bros. Discovery Sports Europe, said:

    We welcome this announcement confirming the government’s commitment to invest £375 million to turbocharge the UK’s creative industries. Their mission to drive growth across the country, unlocking new jobs and enabling talent to thrive in every nation and region, strongly resonates with Warner Bros. Discovery. 

    We have a proud UK heritage – present for over 90 years, with a significant employee base which extends North to South across 5 cities. The UK is our biggest base outside of the US and, in our view, one of the best places in the world to do business. We remain committed to the UK and our ambition to grow and strengthen our sector and welcome the government’s announcement to do this. We look forward to a continued and productive relationship between Government and the industry.” 

    Alison Lomax, Managing Director for YouTube UK & Ireland, said: 

    We welcome the Creative Industries Sector Plan’s commitment to a robust framework for creatives across the UK. It’s particularly encouraging to see the government acknowledge the digital creator economy’s vital role in driving growth for our creative industries. By embracing new distribution models that boost our cultural exports, this vision will solidify the UK’s position as a global cultural superpower.

    Nick Poole OBE, Chief Executive, Ukie, said:

    On behalf of the UK’s world-leading video game and interactive entertainment sector, we welcome the measures set out today by the Government to supercharge our Creative Industries as part of the Industrial Strategy. Today’s announcement is both a validation of the huge cultural and economic impact of video games and an opportunity to show the world we are open for business.” 

    Stephen Woodford, CEO, Advertising Association, said:

    Our industry welcomes the recognition of advertising as a priority sector for growth in the Creative Industries Sector Plan – we are a world leader in creativity as proven by our successful performance once again at Cannes Lions this year. 

    This strategy is a platform for growth for the next decade across our regions and nations. We welcome the incentives to attract new talent to join our industry, and we commit to working together to strengthen work that helps businesses innovate, compete in the UK and internationally, and create jobs.

    Professor Christopher Smith, UKRI Creative Industries Champion, and Executive Chair of the UKRI Arts and Humanities Research Council, said:

    The creative industries are a powerful engine for growth in the UK economy but they are also vital for scientific advance. This Spending Review commits UKRI to a coherent and concerted strategic investment, from the UK’s national capability for the creative industries, CoSTAR, to the Creative Industries Clusters Programme and beyond.

    The deep synergies between creative content and the most cutting-edge science in universities and R&D intensive businesses across the UK place creative industries at the heart of UKRI’s commitment to excellent science for a growing economy.

    Professor Hasan Bakhshi MBE, Director of the Creative Industries Policy and Evidence Centre and Professor of Economics of the Creative Industries at Newcastle University, said:

    Today’s new Sector Plan for the creative industries sets out the Government’s priorities for the next 10 years, and the Creative PEC – thanks to our funder, the AHRC – stands ready to provide policymakers and industry with the data and evidence they need to enact it. 

    The commitment to increase public investment in creative industries R&D is especially important, alongside the prioritisation of the sector by the British Business Bank. Also welcome is HMRC’s clarification that arts activities that directly contribute to scientific advance by resolving scientific or technological uncertainties fall within the definition of R&D for R&D tax reliefs. Together these measures should have a catalytic effect in driving more private finance into the sector.

    Mel Sullivan, Chief Executive, Framestore, said:

    The UK is home to highly skilled and exceptionally creative artists, technologists, and thinkers who push the boundaries of what’s possible. The Creative Industries Sector Plan is a powerful show of support to those working in visual effects, film, TV, advertising, and immersive experiences. It will release unlocked potential and open doors to a new wave of talent across the country, giving them the confidence to build their skills, ideas, and innovations here, cementing the UK’s position as a global leader for years to come.

    Updates to this page

    Published 23 June 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: expert reaction to the R&D elements of the Industrial Strategy

    Source: United Kingdom – Executive Government & Departments

    Scientists comment on R&D elements of the Industrial Strategy, published by the Department for Business and Trade. 

    Prof Siddharthan Chandran, Director of the UK Dementia Research Institute, said: 

    “Today’s Industrial Strategy is an important milestone in delivering an internationally competitive package that realises the UK’s potential as a global leader in research and innovation. 

    “The plan rightly demonstrates a strong commitment to long-term investment that will make the most of UK innovations, driving growth across the country. It is right that we forge ahead and double down on our backing for R&D by creating the most attractive environment for innovative research. At the UK Dementia Research Institute, we know that a globally competitive system which supports academic-industry partnerships and spinouts is the way to build a culture of translating research into health and wealth impact. This is about building capacity, recruiting and retaining talent, attracting investment, and accelerating delivery for people living with dementia. 

    “We look forward to seeing this built on in the upcoming Life Sciences Sector Plan and 10 Year Health Plan. By harnessing the UK’s scientific excellence and NHS research capability we can deliver growth for the economy and build toward a future of healthy brain ageing for all.”

    Dr Hayaatun Sillem CBE, Chief Executive of the Royal Academy of Engineering, said:

    “We are delighted to see the announcement of new skills packages for tech, engineering and defence, recognising that the Industrial Strategy’s objectives simply cannot be delivered without a significant boost to investment in our engineering and tech talent base. These packages provide a much-needed opportunity for government to take a holistic view of the rapidly changing skills landscape, and to work with partners across industry and professional bodies to make sure the UK tackles its longstanding skills and diversity deficits in these crucial areas. Today is International Women in Engineering Day – a reminder that we still have much to do to deliver equitable participation in these high-value jobs, and better outcomes for people from all parts of the UK.

    “The Royal Academy of Engineering looks forward to supporting government in taking forward these recommendations, including through our new Skills Centre. We also welcome the publication of the Technology Adoption Review and hope that this will result in meaningful action to increase the capacity of the UK’s industrial base and public sector to deploy existing technologies at the scale and pace demanded in today’s tech-driven world.”

    ‘The UK’s Modern Industrial Strategy’ was published by the Department for Business and Trade at 9am UK time on Monday 23rd June 2025.

    https://www.gov.uk/government/publications/industrial-strategy

     

    Declared interests

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    MIL OSI United Kingdom

  • MIL-OSI Russia: Premier of the State Council of the People’s Republic of China to attend Summer Davos 2025

    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

    BEIJING, June 23 (Xinhua) — Chinese Premier Li Qiang will attend the 16th annual meeting of emerging world leaders of the World Economic Forum (WEF), also known as “Summer Davos”, in north China’s Tianjin from June 24 to 25, Foreign Ministry spokesman Guo Jiakun said Monday.

    Li Qiang will attend the opening ceremony of the meeting and deliver a special speech there, as well as meet with foreign guests and talk with representatives of foreign business circles, the Chinese diplomat added.

    According to him, the event will be attended by the President of Ecuador Daniel Noboa, the Prime Minister of Singapore Lawrence Wong, the Chairman of the Cabinet of Ministers of Kyrgyzstan Adylbek Kasymaliev, the Prime Minister of Senegal Ousmane Sonko and the Prime Minister of Vietnam Pham Minh Trinh.

    More than 1,700 representatives from political, business, academic and media circles from over 90 countries and regions will also attend the meeting, Guo Jiakun concluded. -0-

    MIL OSI Russia News