Category: AM-NC

  • MIL-OSI Russia: Iceland, EU to start security talks

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    HELSINKI, July 18 (Xinhua) — Iceland and the European Union (EU) are set to begin talks on a security and defense partnership, Icelandic Prime Minister Kristrun Frostadottir announced at a joint press conference with European Commission President Ursula von der Leyen in Keflavik on Thursday.

    They noted that formal negotiations could begin in the coming weeks or months and expressed hope that they would be completed by the end of the year.

    K. Frostadottir also said that the government is considering holding a national referendum on resuming EU accession talks. –0–

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

    .

    MIL OSI Russia News

  • MIL-OSI China: Youth football tournament brings 300 young players to Zhangjiagang

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

    The 26th “Beibei Cup” Youth (U12 Boys) Football Tournament 2025 opens Wednesday in Zhangjiagang, Jiangsu province, July 16, 2025. [Photo courtesy of CSCLF]

    The 26th “Beibei Cup” Youth (U12 Boys) Football Tournament 2025 kicked off Wednesday in Fenghuang town, Zhangjiagang city, Jiangsu province, with nearly 300 young players from China and abroad participating in a week of competition and cultural exchange.

    Li Bin, vice chairwoman of the 13th National Committee of the Chinese People’s Political Consultative Conference and China Soong Ching Ling Foundation chairperson, opens the 26th “Beibei Cup” Youth (U12 Boys) Football Tournament 2025 in Zhangjiagang, Jiangsu province, July 16, 2025. [Photo courtesy of CSCLF]

    The tournament, co-hosted by the China Soong Ching Ling Foundation (CSCLF), the Chinese Football Association (CFA), and the Zhangjiagang Municipal People’s Government, was opened by Li Bin, vice chairwoman of the 13th National Committee of the Chinese People’s Political Consultative Conference and CSCLF chairperson.

    Shen Beili, secretary of the CSCLF Party Leadership Group and CSCLF vice chairperson, emphasized the “Beibei Cup’s” enduring legacy since its inception in 1983. She highlighted its role in providing a key platform for young football enthusiasts to develop their skills, pursue their aspirations, and build vital life skills like teamwork and resilience.

    Han Wei, secretary of the Zhangjiagang Municipal Party Committee, emphasized the city’s commitment to youth football. He noted the tournament’s role in nurturing young talent for national teams and expressed Zhangjiagang’s goal to innovate youth football development. The aim, he stated, is to transform “Beibei Football” into a hub for cultivating young players’ dreams, a center for international youth football cultural exchange, and an “international sports calling card” for the city.

    The tournament runs from July 16 to 22, featuring 48 matches among 16 teams. Participants include top youth squads from 12 Chinese provinces, municipalities, and autonomous regions, as well as teams from South Korea and Thailand. Two foreign teams — Ulsan from South Korea and Muangthong United from Thailand — are making their debut appearances, highlighting the tournament’s expanding international reach.

    Beyond the competition, the event will also host an elite youth coaching training course and an elite player training camp, expanding investment in young football talent development.

    The opening ceremony featured performances by young people from Beijing and Zhangjiagang, showcasing traditional Chinese arts, including a Chinese drum show, chorus, traditional opera exercises, and a children’s medley of Heyang folk songs, designated as national intangible cultural heritage. The ceremony concluded with Chinese and international young players joining together to sing the tournament’s theme song, “Dream Chasing Youth.”

    Following the ceremony, a team from Zhejiang competed against the Beibei in an exhibition match. CFA Vice Chairman Yang Xu performed the ceremonial kickoff. Former “Beibei Cup” players Zhao Junzhe and Yang Chen, alongside Chinese Super League players Zuo Junjie and Xiao Xuhui, joined the young athletes on the field, providing a live coaching session for the young football stars.

    MIL OSI China News

  • MIL-OSI Economics: Result of Underwriting Auction conducted on July 18, 2025

    Source: Reserve Bank of India

    In the underwriting auction conducted on July 18, 2025, for Additional Competitive Underwriting (ACU) of the undernoted Government securities, the Reserve Bank of India has set the cut-off rates for underwriting commission payable to Primary Dealers as given below:

    Nomenclature of the Security Notified Amount
    (₹ crore)
    Minimum Underwriting Commitment (MUC) Amount
    (₹ crore)
    Additional Competitive Underwriting Amount Accepted
    (₹ crore)
    Total Amount underwritten
    (₹ crore)
    ACU Commission Cut-off rate
    (Paise per ₹100)
    New GS 2030 15,000 7,518 7,482 15,000 0.09
    7.09% GS 2054 12,000 6,006 5,994 12,000 0.23
    Auction for the sale of securities will be held on July 18, 2025.

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/736

    MIL OSI Economics

  • MIL-OSI United Nations: UNESCO brings together World Heritage site managers from Costa Rica and Panama to promote sustainable tourism

    Source: UNESCO World Heritage Centre

    Site managers and park rangers from Costa Rica and Panama responsible for the transboundary World Heritage site of Talamanca Range-La Amistad Reserves/La Amistad National Park gathered from 8 to 11 July 2025 to discuss how to enhance sustainable tourism at the site.

    Organized in the framework of the UNESCO project ‘Communities for Heritage – Latin America and the Caribbean’, financed by Saudi Arabia, the workshop took place in the Las Cruces Biological Station, located in San Vito de Coto Brus, Costa Rica.

    Extending along the border between Panama and Costa Rica, the Talamanca Range–La Amistad Reserves / La Amistad National Park encompasses a vast mountainous wilderness where exceptional biodiversity, wetland ecosystems, and cross-border conservation efforts come together. In addition to its designation as a UNESCO World Heritage site, it is also recognized as a UNESCO Biosphere Reserve and a Ramsar Wetland of International Importance – making it one of the most comprehensively protected natural landscapes in Central America.

    MIL OSI United Nations News

  • MIL-OSI United Nations: Secretary-General’s message on Nelson Mandela International Day [scroll down for French version]

    Source: United Nations secretary general

    Nelson Mandela’s extraordinary life showed how one person can transform oppression, struggle and subjugation into reconciliation, social justice and unity.

    Just as Madiba’s life was a triumph of the human spirit, his legacy is a call to rekindle our global commitment to peace, justice and human dignity.

    This year’s theme reminds us that the power to end poverty and inequality is in all our hands. 

    Mandela believed in the power of collective, grassroots action. He knew that ordinary people could bend the arc of history, and that lasting change started not in capitals and boardrooms, but in neighbourhoods and communities.

    Mandela’s life of service and progress continues to inspire our own efforts at the United Nations, as we celebrate our 80th anniversary.

    On this important day, and every day, let us all be guided by Madiba’s lifelong commitment to freedom, justice, equality and the rights that belong to every person on earth.

    ***

    La vie extraordinaire de Nelson Mandela a montré comment une personne peut transformer l’oppression, la lutte et la subjugation en réconciliation, en justice sociale et en unité.

    Tout comme la vie de Madiba a été un triomphe de l’esprit humain, son héritage est un appel à raviver notre engagement mondial en faveur de la paix, de la justice et de la dignité humaine.

    Comme nous le rappelle le thème de cette année, le pouvoir de mettre fin à la pauvreté et aux inégalités est entre nos mains à toutes et à tous.

    Nelson Mandela croyait au pouvoir de l’action collective et locale. Il savait que les gens ordinaires pouvaient infléchir le cours de l’histoire et que les changements durables commençaient non pas dans les capitales et les conseils d’administration, mais dans les quartiers et les communautés.

    La vie de Nelson Mandela, une vie au service des autres et en mouvement, continue d’inspirer l’action que nous menons à l’Organisation des Nations Unies, dont nous marquons actuellement le 80e anniversaire.

    En ce jour important, et chaque jour, laissons-nous toutes et tous guider par la vie de Madiba, consacrée à la liberté, à la justice, à l’égalité et aux droits que détient toute personne sur terre.

    ***
     

    MIL OSI United Nations News

  • MIL-OSI USA: JOINT DEMOCRATIC LEADERSHIP STATEMENT ON THE RECKLESS REPUBLICAN RESCISSIONS PACKAGE

    Source: United States House of Representatives – Congressman Hakeem Jeffries (8th District of New York)

    Know Your Immigration Rights

    If you or a loved one encounter immigration enforcement officials, it is essential that you know your rights and have prepared your household for all possible outcomes.

    Ask for a warrant: The Fourth Amendment of the Constitution protects you from unreasonable search and seizure. You do not have to open your door until you see a valid warrant to enter your home or search your belongings.

    Your right to remain silent: The Fifth Amendment protects your right to remain silent and not incriminate yourself. You are not required to share any personal information such as your place of birth, immigration status or criminal history.

    Always consult an attorney: You have a right to speak with an attorney. You do not have to sign anything or hand officials any documents without speaking to an attorney. Try to identify and consult one in advance.

    The New York City Office of Civil Justice and the Mayor’s Office of Immigrant Affairs (MOIA) support a variety of free immigration legal services through local nonprofit legal organizations. To access these resources, dial 311 and say “Action NYC,” call the MOIA Immigration Legal Support Hotline at 800-354-0365 Monday through Friday from 9:00 a.m. to 6:00 p.m. or visit MOIA’s website.

    Learn more here: KNOW YOUR IMMIGRATION RIGHTS  – Congressman Hakeem Jeffries

    MIL OSI USA News

  • MIL-OSI USA: Wasserman Schultz on the GENIUS Act

    Source: United States House of Representatives – Representative Debbie Wasserman Schultz (FL-23)

    Wasserman Schultz on the GENIUS Act

    Washington, July 17, 2025

    Today, I was proud to support the GENIUS Act as a significant first step towards responsible and effective regulation of the cryptocurrency industry.

    Washington, D.C. – U.S. Rep. Debbie Wasserman Schultz (FL-25) issued the following statement on today’s votes by the U.S. House of Representatives on crypto legislation: 

    “Today, I was proud to support the GENIUS Act as a significant first step towards responsible and effective regulation of the cryptocurrency industry. Although I was unable to support the CLARITY Act at this time, I hope that the bill that returns from the Senate will incorporate the necessary changes and safeguards that would enable me to support it.” 

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    MIL OSI USA News

  • MIL-OSI USA: Rep. Gomez Votes No on Republican Bill to Defund Local Public Radio and TV, And Humanitarian Foreign Aid

    Source: United States House of Representatives – Congressman Jimmy Gomez (CA-34)

    Rep. Gomez Votes No on Republican Bill to Defund Local Public Radio and TV, And Humanitarian Foreign Aid

    Washington, July 17, 2025

    WASHINGTON, DC – Tonight, Representative Jimmy Gomez (CA-34) voted to protect federal funding for public broadcasting, including NPR and PBS. 

    “This bill is a handout to billionaires and a punch in the gut to working families and children. 

    “When I was growing up, my family couldn’t afford cable, so we relied on public broadcasting for education, news, weather forecasts, public safety announcements, and emergency alerts. Now, as a dad to a two-year-old, I watch PBS programs like Sesame Street, The Cat in the Hat, and Daniel Tiger with my son. The same public service that helped raise me is now helping raise him. 

    “But Republicans moved forward with these cuts to free up federal dollars for their ‘Big Billionaire Bill,’ which hands massive tax breaks to the richest corporations and individuals. While the ultrawealthy and top corporations get tax breaks for yachts and bonuses, millions of kids in rural and working-class communities are losing Sesame Street.  

    “This bill also guts humanitarian aid, ripping away food from starving children, medicine from disease zones, and hope from families fleeing war, which undermines America’s global leadership in responding to global crises. 

    “Even though we’re outnumbered in the House, I’ll keep fighting to make sure that public money is used to help people who actually need it — not handed out as giveaways to billionaires.” 

    MIL OSI USA News

  • MIL-OSI USA: Rep. Simpson Secures INL Priorities in Energy and Water Appropriations Bill

    Source: US State of Idaho

    Rep. Simpson Secures INL Priorities in Energy and Water Appropriations Bill

    Washington, July 18, 2025

    WASHINGTON—The House Committee on Appropriations voted to advance the Fiscal Year 2026 Energy and Water Development and Related Agencies Appropriations Bill. Idaho Congressman Mike Simpson supported this advancement and secured critical funding for the Idaho National Laboratory (INL). This bill champions America’s nuclear deterrent and strengthens national security, restores energy dominance, and supports the Trump administration’s policy initiatives.
    “The Idaho National Laboratory is a world leader in nuclear energy research and a hub for remarkable advancements in nuclear technologies,” said Rep. Simpson. “INL has long worked to advance America’s nuclear technology and strengthen our national security, and I have been proud to support their efforts in Congress. I am confident that the future of nuclear energy is bright under President Trump and Secretary Wright. As a longtime member and former Chairman of this critical subcommittee, I am pleased to see this legislation expand America’s nuclear capabilities and address the future of nuclear energy. I look forward to seeing this bill cross the finish line.” 
    Highlights of the bill include:

    Provides funding for INL’s infrastructure and operations.
    Provides funding for INL’s Microreactor Application Research Validation and Evaluation (MARVEL) project.
    Provides funding for the Demonstration of Microreactor Experiments (DOME) Test Bed at INL.
    Funding for a variety of advanced reactor construction and demonstrations.
    Funding for further research and development of advanced Tri-structural Isotropic (TRISO) and High-Assay Low Enriched Uranium (HALEU) reactor fuel.

    The measure was approved by the Committee with a vote of 35 to 27.
    This funding package will now go to the full floor of the House of Representatives for further consideration.  

    MIL OSI USA News

  • MIL-OSI Australia: Two more boys charged over alleged assault in Hobart CBD

    Source: New South Wales Community and Justice

    Two more boys charged over alleged assault in Hobart CBD

    Friday, 18 July 2025 – 2:22 pm.

    Police have laid charges against two further boys over the alleged assault of a teenage boy in Hobart’s CBD on Wednesday.
    A 14-year-old boy has been charged with aggravated robbery, stealing, injure property, trespass and unlawfully tamper or interfere with a motor vehicle. He has been bailed to appear in the Hobart Youth Justice Division in August.
    A 13-year-old boy has been charged with aggravated robbery, injure property and stealing. He has been bailed to appear in the Hobart Youth Justice Division in August.
    These arrests are in addition to:
    A 14-year-old boy charged with aggravated robbery, stealing, destroy property, unlawfully tamper or interfere with a motor vehicle, and bail offences. He appeared in court on Thursday night.
    A 12-year-old boy charged with aggravated robbery, common assault, stealing and unlawfully tamper or interfere with a motor vehicle. He was bailed to appear in the Hobart Youth Justice Division in August.
    A 14-year-old boy will be dealt with under the provisions of the Youth Justice Act.
    The charges stem from an altercation at the grassed area of Mathers Lane, in Hobart’s central business district, about 2.05pm on Wednesday in which police allege a 14-year-old boy was assaulted and had his iPhone stolen.
    Anyone with information is urged to contact Tasmania Police on 131 444 or provide information anonymously through Crime Stoppers at 1800 333 000 or online at crimestopperstas.com.au (quote Offence Report 780149).
    Tasmania Police thanks the public for their continued support and cooperation.

    MIL OSI News

  • MIL-OSI Australia: Tax Time 2025 update – 15 July

    Source: New places to play in Gungahlin

    Welcome and governance

    The ATO Co-chair welcomed members and ATO attendees to the Tax Practitioner Stewardship Group (TPSG) Tax Time 2025 meeting.

    ATO Updates

    Frontline Services

    We confirmed 1.6 million lodgments have been received. This is a 10% decrease from the same time last year, indicating that our messaging around ‘wait to lodge’ is working with taxpayers choosing to lodge later. Lodgment numbers for self-preparers have decreased 6% and agents down 11% compared to this time last year. We emphasised that it is too early to make any assumptions around these numbers and expect this to level out as tax time progresses.

    We have received 44,000 calls from agents, which is 10% down from last year. We highlighted this is as expected, noting call numbers typically follow lodgment trends.

    As of 14 July, there have been 467,000 refunds issued to taxpayers, totalling almost $1.2 billion with an average refund amount of around $2,500. With safety nets released, the first refunds landed into taxpayers’ accounts on Friday 11 July as planned.

    IT system updates and maintenance

    Tax Time Support systems are currently marked green and operating well.

    There was a system glitch with myGov login identified with Services Australia impacting Online Services for Individuals, however this has now been resolved. Individuals using the ATO app were not impacted during this time.

    ATO Digital services

    We noted that digital services are operating as intended and there is nothing to report.

    ATO Communications

    We have started to see social media attention from taxpayers expressing disappointment in their refund amounts or shock at a tax debt. We noted this reinforces the need for the ‘back to basics’ approach with education and communication.

    We have recently updated key tax time resources in 19 languages to help support tax professionals who have clients who prefer information in languages other than English.

    The ATO’s Tax and Super Basics media and social media campaign commenced on 13 July, targeting diverse language communities with information to support them with their tax and super obligations.

    We continue to support tax practitioners by promoting the ATO’s troubleshooting guide, which can help tax agents get up-to-date information about the availability of ATO online systems and known issues.

    As the quarterly BAS lodgment date nears, we are reminding businesses about the due date, and that they may get until 25 August to lodge and pay if they lodge through a registered tax or BAS agent.

    ATO communications is highlighting the importance of providing the correct information about family income to private health insurance providers to ensure taxpayers received the right private health insurance rebate.

    Member comments

    Members expressed the need for a cultural shift around taxpayers’ entitlement to a tax refund. They stated an increasing number of taxpayers are posting to social media their dissatisfaction when they receive an unexpected tax bill at tax time.

    We acknowledged that there are many reasons why a taxpayer may receive a tax bill, i.e. gig economy, multiple incomes, PAYGI etc. Members queried if ATO communications can share greater awareness around why some taxpayers may be receiving a tax bill.

    Small Business

    We have released the Small Business Tax Time toolkit, which has useful information, guides and tools to help small business taxpayers stay informed and organised this tax time.

    We have rectified an issue raised relating to ATO website links directing some users to old content. This issue was resolved within 48 hours of being identified and all links are linking to the right content.

    Superannuation

    As of Monday morning 14 July, 83% of Single Touch Payroll (STP) records have been finalised. There were additional reminders issued on Friday 11 July through ATO social media channels.

    We reminded tax agents to ensure employers who haven’t lodged their STP finalisation declarations as of COB Monday 14 July, to do so without delay as they are now overdue. Doing so will ensure employees have the right information to lodge their 2024–25 income tax returns.

    Tax agents should make sure their clients have finalised data for all employees paid during the financial year. This includes employees that their clients may have not paid in a while, like employees or casuals who stopped work for them during the year.

    Individuals

    We will issue a media release around how to help protect yourself against scams next week. We prompted tax agents to remind their clients to be cautious of scams during tax time.

    Member comments

    Members queried whether there are any plans to issue comms to inform taxpayers who they should contact if they suspect instances of fraud. We confirmed this media release is to educate taxpayers and share the Verify or report a scam | Australian Taxation Office link to help taxpayers recognise any warning signs of tax scams, verify a suspected scam or report a scam.

    Member Insights and Experience

    Member comments

    A member raised reports from tax agents that they are receiving correspondence for incorrect clients through Practice Mail in OSfA. We requested further details to investigate this matter.

    A member raised an issue in relation to a super lump sum amount not being visible in pre-fill. We acknowledged the previously identified CSC issue and requested further details to understand if this matter is related.

    A member raised a question around the frequency of PAYGI correspondence to tax agents. We asked for examples of these correspondences to investigate this further.

    Useful links

    MIL OSI News

  • MIL-OSI USA: Chairman Mast Applauds House Passage of Rescissions Package

    Source: US House Committee on Foreign Affairs

    Media Contact 202-321-9747

    WASHINGTON, D.C. – Today, House Foreign Affairs Committee Chairman Brian Mast issued the following statement upon the House’s final passage of the rescissions package.

    “This is a win for the American taxpayer. Under the Biden administration, the U.S. wasted billions in taxpayer dollars spreading far-left ideology disguised as foreign aid. Republicans on this committee exposed those programs for years only to have Democrats turn a blind eye.

    Foreign aid is not benevolence. It’s not charity. It’s a soft power that gives America a chance to get what it is that we need because of some mutual benefit that exists out there between two nations. It’s not an opportunity to push radical liberal ideas on countries that would otherwise want to be our allies.

    Today, House Republicans joined President Trump in giving the American people a say in how their tax dollars are spent abroad.”

    ###

    MIL OSI USA News

  • MIL-OSI USA: Senator Markey Introduces Legislation to Support Recruitment and Retention of Paraeducators in Schools

    US Senate News:

    Source: United States Senator for Massachusetts Ed Markey
    Bill Text (PDF)
    Washington (July 17, 2025) – Senator Edward J. Markey (D-Mass.), a member of the Health, Education, Labor, and Pensions Committee, today reintroduced the Preparing and Retaining All (PARA) Educators Act, legislation that would establish higher wages, career pipelines, and professional development opportunities for school paraeducators. More than 1.2 million paraeducators across the country provide classroom management support to teachers, assist students with disabilities, and facilitate individual and small group learning.
    “As the Trump administration continues its relentless attack on education, it is more important than ever that we ensure paraprofessionals receive the support, compensation, and professional development opportunities they deserve,” said Senator Markey. “Instructional assistants, teachers’ aides, special education aides, and other educators keep our schools running and students thriving—often with little recognition and low pay. My PARA Educators Act will invest in these educators what they invest in our students, our communities, and our future.”
    “From special education aides and classroom assistants to English language learning specialists and other support staff, paraeducators are the unsung heroes of our public schools, helping students overcome challenges and reach their potential,” said AFSCME President Lee Saunders. “These hardworking professionals – including thousands of AFSCME members – deserve wages and benefits that match the important contributions they make to teaching and learning every single day. We applaud Senator Markey for sponsoring the PARA Educators Act, which will help more schools – especially in high-need and rural districts – recruit and retain the paraeducators they need to support student success in the classroom and beyond.”
    “Students of every color, background and ZIP code deserve qualified and caring educators who are dedicated and have the resources to uncover the passions and potential of every child. Education Support Professionals are essential to supporting students and ensuing we have strong schools and communities across the country. They play a critical role in the lives of students and help keep our schools running and our students safe, healthy, and ready to learn every day,” said Kimberly Johnson Trinca, Director of Government Relations, National Education Association. “The Preparing and Retaining All Educators (PARA) Act will help schools deal with an educator shortage that has been decades in the making. This bill will help schools across the country recruit and retain diverse, qualified and experienced paraeducators in our schools to support our students. This is more important than ever as the Trump Administration continues to take a wrecking ball to public education and the futures of the 50 million students in rural, suburban, and urban communities across America. NEA is pleased to support this legislation, and we applaud Senator Markey for his continued leadership on issues so important to education support professionals.”
    Low wages and a lack of training and professional development opportunities contribute to high rates of turnover and position vacancies among paraeducators, particularly in high-poverty school districts. The PARA Educators Act would support the recruitment and retention of paraeducators by funding state and school level initiatives to improve wages, working conditions, and professional development and credentialing programs for paraprofessionals working in public schools.
    Specifically, the PARA Educators Act would:
    Establish a grant program within the Department of Education to support state and district efforts to recruit and retain paraprofessionals.
    Prioritize high-need rural and urban areas to ensure grant funding is distributed equitably.
    Provide paraprofessionals with access to high-quality professional development programs that will advance in their careers and benefit their students.
    The bill is cosponsored by Senators Kirsten Gillibrand (D-N.Y.), Cory Booker (D-N.J.), Richard Blumenthal (D-Conn.), Elizabeth Warren (D-Mass.), Ron Wyden (D-Ore.), Alex Padilla (D-Calif), and Sheldon Whitehouse (D-R.I.).
    The bill is endorsed by the National Education Association, AFT, the Advocacy Institute, CommunicationFIRST, Council for Exceptional Children, National Rural Education Association, National Center for Learning Disabilities, AFSCME, The Arc.
    In April 2025, Senator Markey reintroduced the Paraprofessionals and Education Support Staff Bill of Rights alongside Rep. Jahanna Hayes (D-CT-05), which would establish livable wages, benefits, and dignified working conditions for paraeducators and other essential school support staff. In February 2025, Senator Markey introduced the No Cuts to Public Schools Act, which would block all federal funding cuts to critical education programs serving students with disabilities, English learners, low-income students, and rural students through fiscal year 2027.

    MIL OSI USA News

  • Sensex, Nifty open lower amid FII selling pressure

    Source: Government of India

    Source: Government of India (4)

    Indian equity indices opened lower on Friday, with heavyweights such as Axis Bank and Bharti Airtel among the top losers on the BSE benchmark.

    At 9:25 am, the Sensex was down 171 points or 0.21% at 82,087, while the Nifty slipped 35 points or 0.14% to 25,075.

    In the Sensex pack, M&M, Tata Steel, Power Grid, L&T, UltraTech Cement, Infosys, Tata Motors, BEL, NTPC, TCS, Trent, and Maruti Suzuki emerged as top gainers. On the other hand, Axis Bank, Bharti Airtel, Kotak Mahindra Bank, Tech Mahindra, HDFC Bank, Eternal (Zomato), HUL, Sun Pharma, Bajaj Finance, ICICI Bank, Titan, and Bajaj Finserv were among the major losers.

    On the sectoral front, auto, IT, PSU banks, metal, realty, media, energy, infrastructure, PSE, and commodities witnessed gains, while financial services, FMCG, and private banks traded in the red.

    “In July so far, India has underperformed most global markets, with the Nifty slipping by 1.6%. A key contributor to the decline has been consistent selling by FIIs. There’s a clear pattern in FII activity this year,” said Dr. VK Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

    “They were net sellers in the first three months, turned buyers for the next three, and now in the seventh month, the trend has again shifted toward selling — unless some positive triggers reverse the current downtrend,” he added.

    On the institutional front, foreign institutional investors (FIIs) remained net sellers for the second consecutive session on July 17, offloading equities worth ₹3,694 crore. Meanwhile, domestic institutional investors (DIIs) continued their buying streak for the ninth straight session, purchasing equities worth ₹2,820 crore.

    Akshay Chinchalkar, Head of Research at Axis Securities, noted that the Nifty ended lower for the fifth time in seven sessions on Thursday, but still held above the rising trendline drawn from the May 9 lows.

    “Technically, Thursday’s daily candle formed a bearish engulfing pattern, which aligns with our earlier view — that a close above 25,245 and then 25,340 was necessary for bulls to regain control. Hence, 25,000 remains a crucial support level, while 25,340 acts as key resistance,” he said.

    In Asia, markets were mostly trading in the green, with Shanghai, Hong Kong, Bangkok, and Jakarta posting gains, while Tokyo and Seoul traded lower. US markets closed higher on Thursday, buoyed by positive investor sentiment.

    -IANS

  • Indian Navy to commission indigenous diving support vessel ‘Nistar’ today at Visakhapatnam

    Source: Government of India

    Source: Government of India (4)

    In a boost to India’s maritime capabilities and self-reliance in defence production, the Indian Navy will today commission its first indigenously designed and built Diving Support Vessel (DSV) Nistar at the Naval Dockyard in Visakhapatnam. Defence Minister Rajnath Singh will preside over the commissioning ceremony, marking the formal induction of the state-of-the-art vessel into the Eastern Naval Command.

    Designed and constructed by Hindustan Shipyard Limited (HSL), Visakhapatnam, Nistar represents a major milestone in the nation’s pursuit of Aatmanirbharta (self-reliance) in defence manufacturing. More than 120 Micro, Small, and Medium Enterprises (MSMEs) contributed to the construction of the vessel, helping achieve an impressive indigenous content of over 80 percent.

    With a length of approximately 120 meters and a displacement exceeding 10,000 tons, Nistar is equipped with cutting-edge technology to support deep-sea diving and submarine rescue missions. It features a Dynamic Positioning System for precise maneuverability, advanced Air and Saturation Diving Systems, underwater Remotely Operated Vehicles (ROVs), and Side Scan SONAR systems.

    Significantly, Nistar will serve as the ‘Mother Ship’ for the Deep Submergence Rescue Vehicle (DSRV), marking a major enhancement in India’s submarine rescue capabilities.

    Onboard medical facilities further strengthen the ship’s versatility, with an operation theatre, intensive care unit, eight-bedded hospital, and hyperbaric medical infrastructure designed to support critical rescue and diving operations. The vessel also boasts an endurance of over 60 days at sea, helicopter staging capability, and a 15-ton subsea crane.

    The new vessel carries forward the legacy of its predecessor – ex-Nistar, a submarine rescue vessel acquired from the erstwhile USSR in 1969, which served the Navy until the early 1990s. The new Nistar inherits her motto: Surakshita Yatharthta Shauryam – “Deliverance with Precision and Bravery.”

  • MIL-OSI NGOs: No More Compromise: Groups Push Australia to Finalise Strong and Binding Global Plastics Treaty

    Source: Greenpeace Statement –

    Today, 31 First Nations and environmental groups call on the Australian Government to continue pushing for a robust and ambitious Global Plastics Treaty ahead of negotiations recommencing in Geneva this August. 

    The only way to end ocean plastic pollution here at home and around the world is through bold and binding global action to cut plastic production and consumption, and take a full lifecycle approach to managing plastics – including plastic fishing and aquaculture gear. 

    Plastic pollution is now a global environmental disaster that impacts every corner of Australia’s coastline: 

    Recycling alone will not end plastic pollution. Voluntary pledges have failed. The only path forward is a strong and robust Global Plastics Treaty with ambitious and enforceable rules to end plastic pollution.

    Low ambition from a handful of countries with vested interests in plastic production cannot be allowed to derail this global opportunity to end plastic pollution. There is no time for compromise. Plastic pollution is choking our oceans, killing marine life, and threatening ecosystems from coast to coast. It is also entering our food chain, directly impacting seafood consumption by First Nations peoples and all Australians.

    We welcome the Australian Government’s renewed commitment to support a strong Global Plastics Treaty. The Australian Government must use all diplomatic means to finalise a strong, legally binding plastics treaty at INC-5.2. Now is the time to act – for our environment, for our climate, and for future generations.

    This statement is supported by:

    1. Australian Marine Conservation Society
    2. Dhimurru Aboriginal Corporation
    3. Vonda Malone Consultancy
    4. Boomerang Alliance
    5. OceanEarth Foundation
    6. Sea Shepherd
    7. Australian Microplastic Assessment Project (AUSMAP) 
    8. Total Environment Centre
    9. Plastic Collective
    10. No More Butts
    11. BeachPatrol 3280-3284
    12. Youth Plastic Action Network
    13. Take 3 for the Sea
    14. Ocean Impact Organisation 
    15. Australian Seabird and Turtle Rescue
    16. Clean Up Australia
    17. Adrift Lab
    18. Toys for Turtles, The University of Adelaide
    19. No Balloon Release Australia
    20. Plastic Free Foundation
    21. Ocean Conservancy
    22. Global Ghost Gear Initiative
    23. Tangaroa Blue Foundation
    24. Surfers for Climate
    25. Friends of the Earth Melbourne 
    26. Greenpeace Australia Pacific
    27. Marine Wildlife Rescue – Central Coast
    28. Surfrider Foundation Australia
    29. WWF-Australia
    30. Keep Top End Coasts Healthy
    31. Protect Ningaloo

    MIL OSI NGO

  • MIL-OSI Asia-Pac: Local firms hit record 1.49m

    Source: Hong Kong Information Services

    The Companies Registry today announced that 84,293 local companies were newly registered during the first half of 2025, bringing the total number of registered local companies to an all-time high figure of 1,494,806.

          

    Meanwhile, 761 non-Hong Kong companies have newly established a place of business in the city and were registered under the Companies Ordinance. The total number of registered non-Hong Kong companies reached 15,509 as at the end of June, which is also a record high.

          

    In line with the Government’s policies on facilitating business as well as attracting enterprises and investments, two improvement measures for the Companies Ordinance came into operation during the first half of 2025.

     

    The first measure enabled listed companies incorporated in Hong Kong to hold shares bought back in the treasury and dispose of them. The second one introduced a company re-domiciliation regime in Hong Kong, offering non-Hong Kong corporations a simple and cost-effective route to re-domicile to the city while preserving their legal identity and operational continuity.

       

    From January to June, the number of charges on properties of companies received for registration was 5,970, while the number of notifications of payments and releases was 9,915. There were also 1,678,809 documents delivered to the registry for registration.

     

    For electronic search services, 2,615,652 searches of document image records were carried out.

     

    As for the licensing of trust or company service providers, 350 licences were granted, resulting in 6,971 licensees up to mid-2025.

    MIL OSI Asia Pacific News

  • MIL-OSI Submissions: Australia Universities – UNSW leads global effort to protect iconic African river basin – UNSW

    Source: UNSW Sydney

    From Botswana, UNSW researchers have collaborated with international partners to protect the future of the Cubango-Okavango River Basin.

    UNSW Sydney researchers, as part of a PLuS Alliance initiative, recently joined 60 international delegates at a workshop in Botswana focused on protecting the Cubango-Okavango River Basin (CORB).

    Spanning Angola, Namibia and Botswana, the CORB is a large inland river basin that

    MIL OSI – Submitted News

  • MIL-OSI Submissions: Pacific – Solomon Islands’ East Malaita Constituency retires 2024 CDF, submits 2025 annual work plan

    Source: Government of the Solomon Islands

    The East Malaita Constituency (EMC) has formally submitted its 2024 Constituency Development Fund (CDF) Expenditure Report to the Ministry of Rural Development (MRD), demonstrating a commitment to transparency, accountability, and compliance with the reporting obligations outlined in Section 29 of the CDF Act 2023.

    The submitted report details the disbursement of about $3.88 million in CDF funds allocated to each constituency for the 2024 financial year. The presentation was made by the Member of Parliament for EMC, Honourable Manasseh Maelanga.

    During the submission, Hon. Maelanga also presented the constituency’s 2025 Annual Work Plan (AWP), which outlines community development programs and initiatives aimed at improving livelihoods and fostering sustainable growth within the constituency.

    Representing the MRD, PS John Misite’e acknowledged the submission as a positive step forward.

    He emphasized that the Ministry remains committed to implementing the CDF legislation and providing guidance to ensure proper administration of constituency programs within this legal framework.

    PS Misite’e highlighted the importance of annual reports, including financial expenditure reports, as critical documents for organizational accountability and transparency, especially when public resources are involved.

    “These reports reinforce transparency and demonstrate accountability in the use of public funds,” he said.

    He also commended Hon. Maelanga and his constituency officers for their diligent efforts in fulfilling their reporting obligations.  He also thanked other constituencies that have already submitted their 2024 CDF reports.

    PS Misite’e called on remaining constituencies to submit their reports by July 31st, reiterating the urgency and importance of compliance. “I urge all constituencies to come forward with their reports soon,” he emphasized.

    Hon. Maelanga, on behalf of the people of East Malaita and his constituency officers, expressed his happiness in submitting the report and pledged ongoing support to the MRD to ensure annual compliance with legal reporting requirements.

    He noted that most of the EMC 2024 budget was allocated to road infrastructure, education support, medical assistance, administration, and other sectors vital to community development.

    Hon. Maelanga reaffirmed EMC’s commitment to its mandate and continued support and purpose to collaborate with MRD, other government agencies, and stakeholders to implement effective development initiatives that will improve the livelihoods of his constituents.

    He extended heartfelt gratitude to the Ministry, his constituency officers, stakeholders, communities, and all supporters of development initiatives undertaken under his leadership.

    The CDF Act 2023 was passed by Parliament on December 22, 2023, and came into effect on January 5, 2024. This legislation makes it clear that any offences committed by recipients of the CDF after this commencement date are subject to penalties.

    Penalties apply to constituents, Members of Parliament, and public officers who commit offences such as:

    Misappropriates any funds or assets from the fund; or
    Advances materials and cash from a supplier without prior approval from the responsible ministry; or
    Fraudulently converts project assets or materials to his own use or to the use of some other person; or
    Deliberately victimises non-voters by excluding them from receiving Constituency Development Funds projects and funds without justifiable grounds; or
    Assists or causes a person to misappropriate or apply the funds otherwise than in the manner provided in this Act and Regulations.

    With the new CDF legislation in place, it is the collective responsibility of all stakeholders to adhere to the law, ensuring proper use of funds and avoiding legal penalties.

    We should view this legislation not as a threat but as a guide to conduct and accountability in managing development funds or public resources.

    The primary purposes of the CDF Act 2023 are:

    To strengthen good governance;
    To ensure improved and effective delivery mechanisms of the Constituency Development Funds and
    To promote equal and inclusive participation of all Solomon Islanders in development.

    Constituents and the public are encouraged to consult their respective constituency offices should they need to get more information about how their constituency offices implement their Constituency Development Program (CDP).

    Constituency Development Program is a national programme of the Solomon Islands Government (SIG) administered by the Ministry of Rural Development (MRD).

    It is implemented by the 50 constituencies in the country purposely to improve the socio-economic livelihoods of Solomon Islanders.

    MIL OSI – Submitted News

  • Lula says he won’t take orders from foreigner Trump, calls tariffs blackmail

    Source: Government of India

    Source: Government of India (4)

    Brazilian President Luiz Inacio Lula da Silva on Thursday said he would not take orders over tariffs from a foreigner, referring to U.S. President Donald Trump, and later called the United States’ threatened duty “unacceptable blackmail.”

    The comments, made during two separate events, mark a continuation of a spat between the two leaders that escalated when the U.S. announced a 50% tariff on Brazil last week.

    Trump attributed the tariff, set to start in August, to Brazil’s treatment of former President Jair Bolsonaro and to trade practices against U.S. companies that he said are unfair. The tariff announcement came days after Lula called Trump an “emperor” the world does not want.

    Lula and members of his cabinet have rejected the reasoning behind the tariffs and insisted on Brazil’s sovereignty, while calling for trade negotiations with the United States.

    “No foreigner is going to give orders to this president,” Lula said in a speech, using the slang word ‘gringo’, which in Brazil is a common term for foreigners without the pejorative sense it carries in other parts of Latin America.

    He added that Brazil would go ahead with regulation and taxation of U.S. tech firms, telling a gathering of leftist student activists in the state of Goias that tech firms are conduits of violence and fake news disguised as freedom of expression.

    Later on Thursday, during an evening TV and radio address to the nation, Lula said the defense of Brazil’s sovereignty extends to protecting itself against the actions of foreign digital platforms.

    During the near five-minute address, Lula said Brazil has been negotiating with the U.S. over tariffs, and repeated that the Latin America country had sent a proposal in May.

    “We expected a response, and what we received was unacceptable blackmail, in the form of threats to Brazilian institutions and false information about trade between Brazil and the United States,” Lula said.

    Brasilia has been holding discussions with industry groups and companies that will be affected by the U.S. tariff, while also readying potential retaliatory measures if talks fall through.

    Foreign Minister Mauro Vieira told CNN Brasil separately on Thursday that Lula was open to talks with Trump, who had not yet met each other.

    “If the circumstances are given, they will speak,” he added.

    Lula, who is in his third non-consecutive term as president of Latin America’s largest economy, saw his approval ratings start to rebound after the trade spat with Trump last week.

    (Reuters)

  • India achieves successful trial of Akash Prime at high-altitude

    Source: Government of India

    Source: Government of India (4)

    India achieved a major milestone on Wednesday by successfully intercepting and destroying two high-speed aerial unmanned targets using the Akash Prime air defence system in the high-altitude region of Ladakh, the Ministry of Defence said in an official statement.

    The upgraded variant of the Akash Weapon System has been specifically customised to operate at altitudes above 4,500 metres. It includes several enhancements, most notably an indigenously developed Radio Frequency (RF) seeker for improved target acquisition and engagement.

    According to the Ministry, the Akash Prime system has been developed through collaboration between the Indian Army’s Air Defence units, the Defence Research and Development Organisation (DRDO), defence public sector undertakings like Bharat Dynamics Limited (BDL) and Bharat Electronics Limited (BEL), along with other industry partners.

    The successful trial was conducted as part of the “First of Production Model” firing tests, intended to validate the system’s performance before its induction into service. The Ministry said the trial would pave the way for timely deployment and bolster India’s air defence capabilities in challenging high-altitude frontiers.

    The test follows the strong operational performance of India’s air defence systems during Operation Sindoor, where Akash systems effectively neutralised aerial threats involving hostile drones and fighter aircraft.

    Defence Minister Rajnath Singh congratulated the Indian Army, DRDO, and the industry partners on the achievement. He described the success as a major boost to India’s air defence capabilities, particularly in meeting operational demands in high-altitude regions.

    Dr. Samir V. Kamat, Secretary of the Department of Defence R&D and Chairman of DRDO, also extended his congratulations, stating that the Akash Prime missile had successfully fulfilled critical air defence requirements for high-altitude deployments.

  • MIL-OSI Asia-Pac: Appointments to Elderly Commission announced

    Source: Hong Kong Government special administrative region

    Appointments to Elderly Commission announced———–
    Dr Donald Li Kwok-tung ————————
    Professor Bai Xue
    Dr Johnnie Casire Chan Chi-kau
    Ms Grace Chan Man-yee
    Ms Ip Shun-hing 
    Professor Daniel Lai Wing-leung 
    Professor Linda Lam Chiu-wa
    Mr Lau Tat-chuen
    Mr Lee Shing-kan
    Dr Jenny Lee Shun-wah
    Mr Horace Lit Hoo-yin
    Dr James Luk Ka-hay
    Mr Theodore Ma Heng
    Ms Queenie Man Wei-yin
    Mr Godfrey Ngai Shi-shing
    Mr Kyrus Siu King-wai
    Mr Albert Su Yau-on
    Ms Macy Wong Chor-kei——————-
    Secretary for Labour and Welfare or representative
    Secretary for Health or representative
    Secretary for Housing/Director of Housing or representative
    Director of Health or representative
    Director of Social Welfare or representative
    Chief Executive, Hospital Authority or representative
    Issued at HKT 12:00

    NNNN

    MIL OSI Asia Pacific News

  • India successfully tests Prithvi-II and Agni-I ballistic missiles in Odisha

    Source: Government of India

    Source: Government of India (4)

    India on Thursday successfully test-fired two key strategic ballistic missiles – the short-range Prithvi-II and Agni-I – from the Integrated Test Range (ITR) at Chandipur, Odisha, the Ministry of Defence announced.

    According to the Ministry, the launches were conducted by the Strategic Forces Command as part of routine training and validation exercises. Both missiles met all mission objectives and technical parameters, reaffirming their accuracy and operational readiness.

    “These tests validate key capabilities of India’s nuclear-capable delivery systems and demonstrate the robustness of its indigenous missile arsenal,” the Ministry said in a statement.

    The Prithvi-II and Agni-I are part of India’s domestically developed strategic missile systems and play a crucial role in maintaining the country’s defence preparedness.

    The successful trials come just a day after the Indian Army conducted a high-altitude test of the indigenous Akash Prime air defence system in Ladakh, at an altitude of approximately 15,000 feet.

    Developed by the Defence Research and Development Organisation (DRDO), the Akash Prime system scored direct hits on two high-speed aerial targets during the trial, showcasing its precision in extreme terrain and atmospheric conditions.

    The test was observed by senior officials from the Army’s Air Defence wing and DRDO. Defence officials confirmed that Akash Prime will be deployed in the Army’s third and fourth Akash Regiments, further enhancing India’s air defence capabilities.

    The Akash air defence system has previously demonstrated its operational value, notably during Operation Sindoor, where it successfully intercepted aerial threats involving Chinese fighter aircraft and Turkish drones used by Pakistani forces.

  • MIL-OSI China: China Internet Conference to open in Beijing next week

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

    The 24th China Internet Conference is set to take place at the China National Convention Center in Beijing from July 23 to 25.

    The three-day event will include dozens of forums, seminars and exhibitions focused on how innovative internet technologies can cultivate new quality productive forces, drive industrial transformation and support high-quality development.

    The forums will feature industry experts discussing new technology trends and development opportunities, according to organizers.

    Major corporations, startups, and established brands will also display their latest products and innovations, with participants able to test many of these new technologies through interactive demonstrations.

    The Internet Society of China (ISC), which organizes the event, was founded in 2001 by industry players and research institutions to promote exchange and cooperation in the internet sector. It now has more than 1,000 members.

    MIL OSI China News

  • MIL-OSI USA: Case Opposes Housing And Transportation, Energy And Water Funding Measures That Fail To Support Americans Facing Rising Housing, Energy And Transportation Costs

    Source: United States House of Representatives – Congressman Ed Case (Hawai‘i – District 1)

    (Washington, DC) – U.S. Congressman Ed Case (HI-01), a member of the House Appropriations Committee, today voted in full Committee against the proposed Fiscal Year (FY) 2026 Transportation-Housing and Urban Development (HUD) Appropriations and FY 2026 Energy and Water Appropriations measures.

    The FY 2026 housing and transportation bill proposes to spend $89.9 billion for HUD, the United States Interagency Council on Homelessness and the Department of Transportation, including the Federal Aviation Administration (FAA). This is a decrease of $4.5 billion from the FY 2025 enacted level.

    The $57.3 billion Energy and Water Appropriations bill funds the Department of Energy (DOE), the U.S. Army Corps of Engineers’ (USACE) civil works programs and various energy programs. This is a decrease of nearly $776 million from the FY 2025 enacted level.

    “While these measures fund many critical Hawai‘i priorities I requested, I regrettably had to vote against both bills because of massive cuts to federal program that help everyday Americans with rising housing, transportation and energy costs,” explained Case.

    The Transportation-HUD Appropriations bill included some important wins for Hawai‘i requested by Case including $5.5 million for Case’s Community Funding Projects (described below), as well as $18.3 million for the Native Hawaiian Housing Block Grant and $28 million for the Native Hawaiian Housing Loan Guarantee Fund (for both of which programs the President’s budget has proposed $0). It also included Case’s request to continue funding for the National Transportation Safety Board (NTSB), which plays a crucial role in enhancing the safety of the helicopter and small aircraft industry through accident investigation, analysis and recommendations to prevent future incidents, including several fatal accidents throughout Hawai‘i.

    Despite these positives, Case said the bill poses significant risks to vulnerable communities by exacerbating the cost-of-living crisis and undercutting critical housing support systems. The bill eliminates the HOME Investment Partnerships Program, the only federal program dedicated to developing new affordable rental and homeownership options. It also defunds the PRO Housing Program, which empowers local governments to address housing shortages. Together, these actions remove essential tools for expanding the affordable housing supply.

    The bill further harms Americans aspiring to homeownership by stripping funding from housing counseling assistance. The net effect of the bill threatens nearly 415,000 households that rely on HUD assistance, putting them at risk of eviction and housing instability.

    The Energy and Water Appropriations bill also included numerous wins for Hawai‘i requested by Case, including funding for USACE programs that aid in the preservation of Hawaii’s coastlines across all seven inhabited islands. Specifically, the bill includes $2 million to study avenues of protection for public infrastructure on small beaches from erosion and damage caused by storms and natural wave currents; $18 million for regional sediment management, construction, operations and regulatory functions in the coastal zone; and $38 million for programs which manage aquatic weeds in public waters.

    Notably, one of Case’s highest priorities, an instruction to the USACE to complete a major update study for Honolulu Harbor, was included in the bill. This provision directs the USACE to investigate modifications to Honolulu Harbor to better handle the impacts of military operations in the state and throughout the Indo-Pacific as a whole, which can open up additional federal resources for the planned improvements of Honolulu Harbor. Also included in the bill is $9.5 million for USACE program that aids in the planning, designing and construction of small projects for commercial navigation purposes such as channels, breakwaters and jetties. This funding will aid in the investigation of best practices for Honolulu Harbor modifications.

    Despite these positives, Case opposed the measure in light of the widespread elimination of funding to advance clean, affordable and secure energy for Americans. The bill slashes vital clean energy funding nationwide, with Hawai‘i set to experience a cut of 31% on federal funding for clean energy projects and investments.

    “While the Energy and Water Appropriations measures fund many critical Hawai‘i and priorities I requested, regrettably the bill will increase energy costs for American families by revoking more than $5 billion in clean energy investments.

    “Without these federally funded programs and incentives, we risk falling dangerously behind our clean energy goals,” said Case. 

    Through his assignment on the Committee, Case secured the following seven Member-designated Community Project Funding (CPF) projects across the two bills that specifically focused on local needs in Hawai‘i:

    ·      $2 million for the Hawai‘i Department of Transportation to repair Aloha Tower, including replacing its 40-foot mast, repairing the crown of the tower and replacing its windows to weatherproof the landmark. This funding is essential to maintain Aloha Tower’s structural integrity, enhance public access and ensure that it remains a celebrated symbol of Honolulu’s history for generations to come.

    ·      $1 million for the City and County of Honolulu for its Waikīkī Vista Project. This project converts former Tokai University and Hawai‘i Pacific University classrooms into a consolidated, family-friendly emergency shelter and additional affordable housing units for low-income families. This investment will directly enhance the City’s ability to reduce family homelessness and expand affordable housing inventory in one of Hawaii’s most housing-challenged areas.

    ·      $850,000 for the City and County of Honolulu to support its Safe Harbor Support for Housing Survivors of Domestic Violence project. This funding will expand the Domestic Violence Action Center’s successful housing program by supporting property acquisition and staffing to increase safe and stable housing options for survivors and their children.

    ·      $850,000 for Kalihi Waena Elementary School to construct a new single-span pedestrian bridge with American with Disabilities Act-compliant access between Kūhiō Park Terrace and the school. The new bridge will replace dangerously deteriorating infrastructure and ensure safe and equitable access for students and community members.

    ·      $300,000 for Highlands Intermediate School to modernize and expand its media center infrastructure. The renovation will create a collaborative, technology-driven learning environment that fosters student creativity, innovation and digital literacy.

    ·      $250,000 for the Hawai‘i State Parks System and Hawai‘i Nature Center to upgrade educational and operational facilities, including classroom expansion and replacement of a sustainable wetland wastewater system supporting environmental education for thousands of Title I students annually.

    ·      $250,000 for the Hawai‘i State Broadband Office for broadband infrastructure development in our local community centers. Funding will be used toward essential network enhancements, including rewiring, electrical system upgrades and the installation of Wi-Fi access points to ensure reliable, high-speed connectivity.

    The House’s CPF rules require that each project must have demonstrated community support, must be fully disclosed by the requesting Member and must be subject to audit by the independent Government Accountability Office. Case’s disclosures are here: https://case.house.gov/services/funding-disclosures.htm.  


    Transportation-HUD Funding Bill

    More specifically, the bill includes the following funding requested by Case for programs to improve access to affordable housing in Hawai‘i and nationwide:

    ·      $18.3 million for the Native Hawaiian Housing Block Grant Program, which supports the building, acquisition and rehabilitation of affordable homes.

    ·      $5 million for core housing research partnerships with Native Hawaiian serving institutions among other minority serving institutions.

    ·      $56 million for the Self-Help and Assisted Homeownership Opportunity Program.

    ·      $17 billion for project-based rental assistance.

    ·      $5.6 billion for the Community Development Fund, which includes $3.3 billion for the Community Development Block Grant formula program.

    ·      $4 billion for the Homeless Assistance Grants.

    Transportation and infrastructure programs requested and secured by Case include:

    ·      $380 million for the Maritime Security Program, $123 million for the Port Infrastructure Development Program and $30 million for assistance to small shipyards like Kalaeloa/Barbers Point.

    ·      $64 billion for the Federal Highway Administration to improve the safety and long-term viability of our highways.

    ·      $23 billion for the FAA, including $10 billion to fully fund air traffic control operations and allow the FAA to hire 2,500 air traffic controllers to replace the retiring workforce.

    ·      $15 billion for the Federal Transit Administration.

    A summary of the Transportation-HUD Appropriations bill is available here.

    Energy and Water Funding Bill

    More specifically, the bill includes the following energy and water-related programs and provisions requested and secured by Case and of specific benefit to Hawai‘i: 

    ·      Language directing the USACE to investigate modifications to Honolulu Harbor to better accommodate the impacts of military operations in the state and throughout the Indo-Pacific as a whole.

    ·      $2 million for the USACE’s beach erosion and hurricane and storm damage reduction activities.

    ·      $40 million for flood control and coastal emergencies efforts.

    ·      $18 million for the USACE’s National Coastal Mapping Program, which provides high-resolution elevation and imagery data along the U.S. shorelines on a recurring basis which can provide a better understanding of human uses, issues and constraints in coastal regions.

    ·      $12 million for the USACE’s Aquatic Plant Control Program, which conducts research and development of biological, chemical, cultural and ecological capabilities for controlling invasive aquatic plants.

    ·      Language modifying a clean energy program under DOE that has been widely beneficial for Hawai‘i. The newly named Energy Technology Innovation Office, previously known as the Energy Transitions Initiative, supports island and remote communities by providing personalized technical and financial assistance. Case recently introduced legislation make to make this program permanent. (See here for more details.)

    ·      Language directing the DOE to investigate potential benefits of having small-modular nuclear reactors as a source of clean, domestically sourced electricity for remote, noncontiguous U.S. areas such as Hawai‘i.

    A summary of the Energy and Water Appropriations bill is available here

    These two bills are the 6th and 7th of twelve separate bills developed and approved by the Appropriations Committee that would fund the federal government at some $1.6 trillion for FY 2026 commencing October 1st of this year. The bills now move on to the full House of Representatives for its consideration.   

    ###

     

     

    MIL OSI USA News

  • MIL-OSI Banking: Money Market Operations as on July 17, 2025

    Source: Reserve Bank of India


    (Amount in ₹ crore, Rate in Per cent)

      Volume
    (One Leg)
    Weighted
    Average Rate
    Range
    A. Overnight Segment (I+II+III+IV) 6,09,521.02 5.30 4.75-6.35
         I. Call Money 18,360.64 5.35 4.75-5.40
         II. Triparty Repo 4,06,012.65 5.28 5.24-5.32
         III. Market Repo 1,82,713.18 5.34 5.00-6.00
         IV. Repo in Corporate Bond 2,434.55 5.48 5.42-6.35
    B. Term Segment      
         I. Notice Money** 205.10 5.33 4.95-5.50
         II. Term Money@@ 751.50 5.20-5.68
         III. Triparty Repo 1,079.00 5.30 5.30-5.30
         IV. Market Repo 189.34 5.50 5.50-5.50
         V. Repo in Corporate Bond 0.00
      Auction Date Tenor (Days) Maturity Date Amount Current Rate /
    Cut off Rate
    C. Liquidity Adjustment Facility (LAF), Marginal Standing Facility (MSF) & Standing Deposit Facility (SDF)
    I. Today’s Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo          
    3. MSF# Thu, 17/07/2025 1 Fri, 18/07/2025 808.00 5.75
    4. SDFΔ# Thu, 17/07/2025 1 Fri, 18/07/2025 1,06,279.00 5.25
    5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*       -1,05,471.00  
    II. Outstanding Operations
    1. Fixed Rate          
    2. Variable Rate&          
      (I) Main Operation          
         (a) Repo          
         (b) Reverse Repo          
      (II) Fine Tuning Operations          
         (a) Repo          
         (b) Reverse Repo Tue, 15/07/2025 3 Fri, 18/07/2025 57,450.00 5.49
      Fri, 11/07/2025 7 Fri, 18/07/2025 1,51,633.00 5.49
    3. MSF#          
    4. SDFΔ#          
    D. Standing Liquidity Facility (SLF) Availed from RBI$       5,857.45  
    E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     -2,03,225.55  
    F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -3,08,696.55  
    G. Cash Reserves Position of Scheduled Commercial Banks          
         (i) Cash balances with RBI as on July 17, 2025 9,69,527.82  
         (ii) Average daily cash reserve requirement for the fortnight ending July 25, 2025 9,63,288.00  
    H. Government of India Surplus Cash Balance Reckoned for Auction as on¥ July 17, 2025 0.00  
    I. Net durable liquidity [surplus (+)/deficit (-)] as on June 27, 2025 5,79,904.00  

    @ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL).

    – Not Applicable / No Transaction.

    ** Relates to uncollateralized transactions of 2 to 14 days tenor.

    @@ Relates to uncollateralized transactions of 15 days to one year tenor.

    $ Includes refinance facilities extended by RBI.

    * Net liquidity is calculated as Repo+MSF+SLF-Reverse Repo-SDF.

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/735

    MIL OSI Global Banks

  • MIL-OSI Banking: [Unboxing] Galaxy Z Flip7: The Compact AI Smartphone in the Palm of Your Hand

    Source: Samsung

    With its pocket-friendly compact design and stylish aesthetic, the Galaxy Z Flip series has remained a fan favorite — and now it’s back, more sophisticated than ever.
     
    Making its debut at Galaxy Unpacked 2025 in Brookyln, the Galaxy Z Flip7 instantly grabbed attention with its significantly larger FlexWindow and innovative AI features — all optimized for the foldable form factor.
     
    From design to usability, Samsung Newsroom unboxed the Galaxy Z Flip7 to explore how the device has been taken to the next level.
     

    ▲ The Galaxy Z Flip7 and its packaging
     
     
    Right Out of the Box: First Impressions of the Galaxy Z Flip7
    ▲ Contents of the Galaxy Z Flip7 box
     
    The cover of the slim black package features a design element inspired by the Galaxy Z Flip7, creating a minimal yet premium impression. The Galaxy Z Flip7 box contains the device, a USB-C cable and a simple user manual.
     
    ▲ The Galaxy Z Flip7
     
    When lifting the device out of the box, the first thing that stands out is how light and compact it feels in one hand. The Galaxy Z Flip7 is the slimmest model in the Galaxy Z Flip series yet, measuring just 13.7mm thick when folded.
     
    ▲ The Armor FlexHinge provides smooth, reliable folding over extended use.
     
    ▲ The Galaxy Z Flip7 is slimmer than ever, measuring 13.7mm thick when folded and 6.5mm when unfolded.
     
    The Armor Aluminum Frame and Armor FlexHinge create a sleek but strong appearance, conveying a sense of stability when held in the hand.
     
    ▲ The back of the Galaxy Z Flip7
     
    In a first for the Galaxy Z series, the Blue Shadow color is available in a luxurious navy tone — enhancing the Galaxy Z Flip7’s iconic design and making it stand out even more.
     
    ▲ The colors of the Galaxy Z Flip7
     
     
    FlexWindow: Capturing High-Quality Selfies on a Larger Screen, Without Unfolding
    ▲ A comparison of the FlexWindow sizes between the Galaxy Z Flip6 and Z Flip7
     
    The most noticeable change in the Galaxy Z Flip7 is its FlexWindow. The bezel surrounding the dual cameras measures just 1.25mm thick, making the 4.1-inch FlexWindow — which spans the entire surface — the largest ever featured in the Galaxy Z Flip series.
     
    Even when it’s folded, users can easily handle essential daily tasks directly from the FlexWindow, taking the out-of-your-pocket, ready-to-use foldable experience to the next level.
     
    ▲ Front view of the Galaxy Z Flip7 with the FlexWindow
     
    When the screen is turned on, its bright and vivid display provides a clear, expansive view. Compared to its predecessor, the Galaxy Z Flip7 delivers a peak brightness of up to 2,600 nits and a 120Hz refresh rate, allowing users to enjoy a variety of content with stunning clarity.
     
    Dragging the camera icon to launch FlexCam opens a wide camera preview on the FlexWindow. When users turn on the Cover camera effects feature, first introduced on the Galaxy Z Flip7, the ring that surrounds the dual camera hole will change color depending on the shooting mode, immediately capturing the users’ attention: white for standard, yellow for photo and red for video. This allows the users to see the current mode at a glance.
     
    ▲ The activated FlexCam displays its status with colored rings around the camera lenses.
     
    
    ▲ The Zoom Slider on the FlexWindow
     
    The Zoom Slider on the FlexWindow allows for intuitive zooming in or out with a simple swipe, making it easier to adjust the camera angle for selfies. When taking full-body shots or group photos with friends, the Auto Zoom feature automatically adjusts the framing based on the subject’s position, ensuring a well-balanced composition.
     

    ▲ Real-Time Filters on the FlexWindow
     
    Meanwhile, users can apply filters in real time directly on the FlexWindow, allowing them to capture their desired look without additional editing. Thanks to this feature, users can take the perfect selfie — using only the FlexWindow — to mark their first encounter with the Galaxy Z Flip7.
     
     
    A New FlexWindow Optimized for AI
    The FlexWindow becomes even more powerful when combined with intelligent AI features. With the latest Android 16-based One UI 8, the Galaxy Z Flip7 offers a UX optimized for the form factor, enabling a more intuitive and seamless AI experience right from the FlexWindow.
     
    Long pressing the power button launches the AI agent to activate Google Gemini. After initiating the camera view and asking a question like “Can you recommend an outfit color that matches today’s makeup?”, a natural conversation follows, with real-time styling tips provided to complement the user’s makeup.
     

    ▲ Users can activate Google Gemini directly from the FlexWindow. (*To listen to the audio, click the speaker button at the bottom of the video)
     
    With the Galaxy Z Flip7, users can effortlessly handle everyday tasks — such as adding calendar events or getting local recommendations — using only voice commands from the FlexWindow. Moreover, users can also engage in a conversation to receive real-time information, just like chatting with a friend.
     
    Taking it a step further, Now Bar, located at the bottom of the FlexWindow, enables users to instantly control music and video playback, as well as quickly check information from various apps and get real-time updates. Meanwhile, Now Brief delivers personalized information based on location, time and usage patterns — which can also be accessed without unfolding the device — further enhancing everyday convenience.
     
    ▲ Now Brief
     
     
    Unfolded: More Powerful, More Versatile
    Even when the device is folded, the Galaxy Z Flip7 offers versatility for users. When it’s unfolded, there is even more that the Galaxy Z Flip7’s main display has to offer.
     
    ▲ A comparison of the main displays of the Galaxy Z Flip6 and Z Flip7
     
    The larger screen and expansive feel of the Galaxy Z Flip7 immediately stand out when placed side by side with its predecessor, the Galaxy Z Flip6. The 6.9-inch Dynamic AMOLED 2X main display delivers vibrant image quality and a smooth refresh rate, offering a more immersive viewing experience.
     
    The Galaxy Z Flip7 is also the first in the Galaxy Z series to support Samsung DeX. By unfolding the device and connecting it to an external display, mouse or keyboard, users can instantly turn it into a portable workstation.
     
    Compact in form yet powerful with AI, the Galaxy Z Flip7 redefines the foldable mobile experience, offering seamless, ready-in-your-pocket AI usability and expanded functionality when unfolded. Samsung looks forward to how the Galaxy Z Flip7 will shape users’ everyday life.

    MIL OSI Global Banks

  • MIL-OSI Russia: Polish Ambassador to Hungary Stops Working — MFA

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    WARSAW, July 18 (Xinhua) — Polish Ambassador to Hungary Sebastian Kieciek completed his tenure on July 15, Polish Foreign Ministry spokesman Pawel Wronski said on Thursday.

    A day earlier, Hungary’s Secretary of State for Foreign Affairs Levente Magyar acknowledged the downgrade in diplomatic relations and expressed regret over this development.

    According to P. Wronski, it is not yet clear how the situation with the further appointment of diplomats will develop.

    He recalled that Polish Foreign Minister Radosław Sikorski recalled S. Kęciek to Warsaw in December 2024 for “consultations for an indefinite period” following Hungary’s decision to grant political asylum to Marcin Romanowski, the former Deputy Minister of Justice of Poland. –0–

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

    .

    MIL OSI Russia News

  • MIL-OSI Russia: China’s Outbound Investments Exceed 5 Percent Annual Average Growth Rate in 2021-2024

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    BEIJING, July 18 (Xinhua) — China’s outbound investment grew at an average annual rate of over 5 percent from 2021 to 2024, making it one of the world’s top three investors, Chinese Commerce Minister Wang Wentao said at a press conference in Beijing on Friday. -0-

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

    .

    MIL OSI Russia News

  • MIL-OSI Russia: Exhibition of works by I. Repin to be held at National Museum in Beijing

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    BEIJING, July 17 (Xinhua) — A special art exhibition of 92 original works by Russian realist artist Ilya Repin will open to the public on July 23 at the National Museum of China (NMC) in Beijing. The NMC opened the boxes in which the works were delivered on Wednesday.

    BEIJING, July 17 (Xinhua) — A special art exhibition of 92 original works by Russian realist artist Ilya Repin will open to the public on July 23 at the National Museum of China (NMC) in Beijing. The NMC opened the boxes in which the works were delivered on Wednesday.

    BEIJING, July 17 (Xinhua) — A special art exhibition of 92 original works by Russian realist artist Ilya Repin will open to the public on July 23 at the National Museum of China (NMC) in Beijing. The NMC opened the boxes in which the works were delivered on Wednesday.

    BEIJING, July 17 (Xinhua) — A special art exhibition of 92 original works by Russian realist artist Ilya Repin will open to the public on July 23 at the National Museum of China (NMC) in Beijing. The NMC opened the boxes in which the works were delivered on Wednesday.

    BEIJING, July 17 (Xinhua) — A special art exhibition of 92 original works by Russian realist artist Ilya Repin will open to the public on July 23 at the National Museum of China (NMC) in Beijing. The NMC opened the boxes in which the works were delivered on Wednesday.

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

    .

    MIL OSI Russia News