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Category: AM-NC

  • MIL-Evening Report: Grattan on Friday: New parliament presents traps for Albanese and Ley

    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra

    Anthony Albanese hasn’t been in any rush to convene the new parliament, which Governor-General Sam Mostyn will open on Tuesday.

    It’s only mildly cynical to observe that governments of both persuasions often seem to regard having pesky members and senators around too much as a hindrance to business. Accountability is all very good in theory – facing it in practice is another matter.

    In this first fortnight of the new parliament, however, much of the attention will be less on the government than on the opposition. Liberal leader Sussan Ley has handled her early weeks without tripping. But her critics hover like crows on the fence in lambing season. Angus Taylor, who narrowly lost the leadership ballot, retains his ambition. The right-wing media wait for Ley’s mistakes.

    Ley will need to maintain a strong grip on her team’s messaging, especially on foreign and defence policy, or the Coalition will open itself to criticism.

    Taylor, now the defence spokesman, attracted attention this week when he went out on a limb on Taiwan, telling the ABC, “we should have a joint commitment with them [the US] to the security of Taiwan”.

    Ley, who says she wants to avoid unrelenting negativity, must choose the Coalition’s targets carefully. It has been presented with some useful fodder with the (inadvertently) leaked Treasury brief to the re-elected government that urged the need for tax rises and spending cuts. This is manna from political heaven because it is on the Coalition’s favoured economic ground, and raises issues for which the government doesn’t have immediate or clear-cut answers.

    As important as Ley’s own performance will be, so will that of shadow treasurer Ted O’Brien. Taylor’s handling of the job last term was a serious weakness for the Coalition.

    Facing a well-prepared and confident counterpart in Jim Chalmers, O’Brien must find his feet quickly. Sensibly, he has hired on his staff an experienced, credible economist, Steven Hamilton, who has been an assistant professor of economics at George Washington University in Washington DC. Hamilton has also been a regular contributor to The Australian Financial Review, so he has a feel for, and contacts in, the financial media.

    The government has a mix of legislation to introduce in this initial fortnight. Albanese promised during the campaign that Labor’s first cab off the rank would be its commitment to cut student debt by 20%. It also foreshadowed early action to cement in penalty rates.

    It didn’t anticipate having to rush in a bill to strip funding from childcare centres that do not meet safety standards. This follows the recent revelations
    of abuse.

    The first parliamentary fortnight comes in the run-up to the government’s August 19–21 productivity roundtable (named by Chalmers the “economic reform roundtable”). With expectations inevitably exploding, observers will be watching closely the dynamics between the treasurer and the prime minister in parliament.

    The two agree that delivering election promises should be the floor, rather than the ceiling, of ambition for the second term. But their degrees of ambition differ. Chalmers fears Albanese’s is limited; the prime minister fears his treasurer’s will overreach. Will Albanese show a restraining hand on the roundtable in the weeks before it?

    As the government wants to emphasise delivery to voters in the early days of the parliament, Chalmers hasn’t rushed to seek the deal he needs with the Greens on his controversial changes to superannuation tax arrangements. The plan is to increase the tax on balances of more than $3 million, and tax the unrealised capital gains.

    The Greens want the $3 million reduced to $2 million and that amount indexed. It’s a fair assumption a compromise will be reached when negotiations occur.

    That will be a relatively easy test for the Greens under their new leader Larissa Waters, who has also said she wants to be constructive while holding the government to account.

    Later on, though, will come harder issues, including whether the Greens will sign up to a new environmental protection authority, stymied by political obstacles last term.

    In general, the Senate will be less complicated for the government in coming months than last term, given the Greens hold the sole balance of power on legislation contested by the opposition.

    That means things are more frustrating for other Senate crossbenchers.

    In his stand on staffing, Albanese is not improving their mood. Pauline Hanson’s One Nation doubled its representation to four senators but has no extra staff. Staff allocation is up to the prime minister, who has once again been arbitrary about how many staff individual Senate crossbenchers receive. This is an unfair and indefensible system – there should be independent, consistent rules.

    ACT senator David Pocock hasn’t lost any staff but he has lost clout, compared with last term when his vote could be crucial and he was able to trade it for concessions from the government. The new numbers deal him and other non-Green crossbenchers out of the game.

    In the House of Representatives, the Teals retain strong representation but, as in the last parliament, they can only exert (limited) influence, not power. For a while early this year, when it looked as if there would be a hung parliament, they were preparing wish lists.

    One new Teal will be sworn in next week, Nicolette Boele, who won the seat of Bradfield from the Liberals. She can’t know, however, whether she will see out her term. The Liberals have challenged the result after she won by just 26 votes. The matter will be decided by the Court of Disputed Returns.

    There are three possible outcomes: the court confirms the result; the result is overturned and the seat awarded to Liberal candidate Gisele Kapterian (who was allowed to vote in the Liberal leadership and supported Ley); or a fresh election is ordered.

    The Liberals are taking some risk with the challenge. If there were a new election, and they lost it, that would be another setback for them and could destabilise Ley’s leadership.

    Michelle Grattan 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. Grattan on Friday: New parliament presents traps for Albanese and Ley – https://theconversation.com/grattan-on-friday-new-parliament-presents-traps-for-albanese-and-ley-261096

    MIL OSI Analysis – EveningReport.nz –

    July 17, 2025
  • MIL-OSI United Kingdom: Ofqual withdraws access arrangements statistics

    Source: United Kingdom – Executive Government & Departments

    Press release

    Ofqual withdraws access arrangements statistics

    Ofqual is withdrawing its official statistics on access arrangements for GCSE, AS and A levels from 2014 to 2024 after identifying issues with the data.

    • Number of students reported to receive extra time in exams overstated, says regulator. 

    • No change for students receiving or applying for access arrangements as procedures are unaffected.  

    • Access arrangements granted to students remain appropriate and valid. 

    • New official statistics with improved methodology to be published in late 2025 following comprehensive evidence review.

    The exam regulator Ofqual is withdrawing its official statistics on access arrangements for GCSE, AS and A levels from 2014 to 2024 after identifying issues with the data. 

    Access arrangements are adjustments to exams for students with special needs, disabilities, or injuries, ensuring fair assessment. Examples include extra time and the use of a reader or scribe.  

    Ofqual’s statistics for access arrangements were based on data collected by exam boards. Ofqual’s detailed analysis of underlying data from the boards has now established that the published figures significantly overstated the number of students receiving access arrangements.

    The difference is due to the way the data is recorded and aggregated – for example, including arrangements for students who did not sit exams in the relevant year, or duplicate applications for the same student.  

    The new analysis suggests that the actual proportion of students receiving access arrangements – including 25% extra time in exams – is now broadly in line with the proportion of students with special educational needs in the school population.

    Tom Bramley, Executive Director of Research and Analysis at Ofqual, said: “We are correcting the record as soon as possible. The access arrangements process has not changed, and students who received support did so appropriately.

    “This issue is limited to our access arrangements dataset and our other statistics are not affected.”

    Ofqual is working with exam boards to improve data quality and reporting processes. Revised statistics will be published in late 2025 and will be classified as “official statistics in development”. Ofqual is working closely with the Office of Statistical Regulation on the new approach.

    Notes to editors

    More information is available in our blog

    For reference, SEN statistics: Special educational needs in England, Academic year 2024 to 2025

    For information on access arrangements: Access Arrangements, Reasonable Adjustments and Special Consideration – JCQ Joint Council for Qualifications 

    The withdrawn data covers all access arrangements except modified exam papers, such as large print or braille papers, which use a different data set and are unaffected.  

    Statistics on modified exam papers will be briefly taken down from Ofqual’s website and then re-uploaded on a separate page.

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    Published 17 July 2025

    MIL OSI United Kingdom –

    July 17, 2025
  • MIL-OSI Russia: Tatyana Golikova spoke at government hour in the State Duma.

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – Government of the Russian Federation –

    An important disclaimer is at the bottom of this article.

    Deputy Prime Minister Tatyana Golikova spoke at the government hour in the State Duma on the topic “On priorities in the implementation of the demographic policy of the Russian Federation.” It was also attended by Minister of Labor and Social Protection Anton Kotyakov, Minister of Health Mikhail Murashko, Minister of Finance Anton Siluanov, Minister of Construction and Housing and Utilities Irek Faizullin and Minister of Culture Olga Lyubimova.

    The Deputy Prime Minister thanked the deputies for choosing the topic of the government hour and the detailed expert discussion. She emphasized that in the course of preparation for the government hour, 128 questions were received, to which written answers were given.

    “Of all the components of demographic development, and today’s discussion has also shown this, increasing the birth rate is the most difficult task. We see, based on accumulated experience, that the birth rate does not directly depend on the amount of funds that we invest in social benefits. Our citizens have become more concerned about their health, and for expectant mothers, accessibility, including transportation, of medical care, a perinatal center, and a medical organization is important. Living standards have changed significantly – in the issue of birth rate, the importance of comfortable housing and sufficient space has increased. And the insufficient development of infrastructure in the regions, its inadequacy to the needs of small children is the main limiting challenge to birth rate. The life cycle is transforming – this is an extension of the period of obtaining an education, the desire to realize oneself in the professional sphere, ensuring career growth and financial independence. All this postpones the birth of a child. Another consequence of this transformation is loneliness. Quite a large number of young people cannot find a partner,” said Tatyana Golikova.

    The Deputy Prime Minister noted that the average age of mothers at birth in Russia is 29. In addition, it is important to correctly assess the factor of the country’s growing urbanization: more than 80% of all births today occur in cities.

    “Indirectly, through the use of maternity capital for education, we see that 70% of recipients in this area choose universities in large cities: Moscow, St. Petersburg, Krasnodar, Kazan. Young people leave their cities and, as a rule, do not return. Thus, the uniform territorial development of the country, the construction of housing, social and engineering infrastructure – these are all key things that need to be developed, and not only in cities, but also in rural areas. The strategy for the spatial development of Russia and its correct construction are of key importance for achieving the indicators set by the President. And of course, this is the work of all executive authorities at both the federal and regional levels, the maximum involvement of employers,” said the Deputy Prime Minister.

    Tatyana Golikova emphasized that demographic issues were discussed in detail at faction meetings and with relevant committees in the run-up to the government hour.

    The first block of questions is housing.

    “There are many support measures in place today. This is the Young Family program, preferential mortgage programs, the validity of which has been extended: family mortgage at 6%, rural mortgage at 3%, Far Eastern or Arctic mortgage at 2%. To help families pay off mortgages, a payment of 450 thousand rubles is provided at the birth of a third or subsequent child. In eight regions of the Far East, its size has been increased to 1 million rubles. Another eight have established a similar measure within the framework of regional programs to increase the birth rate. As a result, there are 16 of them. A separate topic is the development of the preferential rental housing market. Currently, 12 thousand rental apartments are being built in the Far East. In addition, there is the My Private Home initiative, which combines measures to support individual housing construction. The comprehensive rural development program also includes housing construction models in rural areas. It is important for us to jointly assess how all current housing programs are interconnected, how they affect the family, ”said Tatyana Golikova.

    An analysis of the use of maternity capital over the entire period of its existence confirms that housing is the main focus (69%) and more than 67% of funds used for housing, or 3.1 trillion rubles, are directed toward mortgages.

    In addition, the high level of indebtedness of families, both mortgage and consumer loans, becomes an obstacle to the birth rate.

    The second is support for families with many children.

    Today, there are almost 2.8 million large families in Russia. Over the past two years, the number of large families has increased by 17.4%, and the number of children in them has reached 8.9 million.

    As Tatyana Golikova noted, given the importance of this topic, a separate federal project, Large Families, has been formed within the national project Family. It combines federal and regional measures – both those that have proven their effectiveness and those introduced since 2025.

    The Presidential Decree on social support for large families established the permanent status of a large family and defined the concept of a large family for receiving support measures. At the same time, the decree retained the right of regions to expand the category of a large family and also established a recommended list of regional support measures.

    At the federal level, basic guarantees in the sphere of labor relations, early assignment of an insurance pension, vocational training and retraining for parents with many children, and the provision of state benefits in connection with the birth and upbringing of children are enshrined. In 2024, a single benefit covered more than 1.5 million large families raising 5.3 million children.

    “Since 2025, for the first time, a priority procedure for concluding a social contract with large families has been established. More than 25% of social contracts have been concluded with large families. A register of large families has been formed. Since October 1 of last year, an electronic certificate for large families has been launched. 2.2 million certificates have already been issued,” noted Tatyana Golikova.

    As part of the “demographic menu”, which is co-financed from the federal budget, 41 regions with low birth rates have provided additional support measures for large families.

    “The problem remains that when establishing the status of a large family, regions require permanent registration in the region of all family members. This leads to the fact that the father, registered in another region, is not included in the family and, accordingly, in the certificate. And, as a result, he cannot take advantage of not only regional, but also federal support measures – go with children to a museum for free, buy goods or tickets at a discount. This approach must be eliminated. It is important that all regions have a responsible, informal attitude to the topic of supporting large families,” the Deputy Prime Minister emphasized.

    Thirdly, the health of citizens.

    Within the framework of the new national projects “Family” and “Long and Active Life”, an active range of measures in the field of healthcare will be continued.

    “Special attention will be paid to psychological, legal and social assistance to pregnant women, as well as the use of assisted reproductive technologies to treat infertility: 485 thousand IVF cycles will be performed,” said Tatyana Golikova.

    Fourth – strengthening value systems with a focus on strong families and having many children among young people.

    The promotion of family values in the media, literature, through family competitions, forums and festivals such as “Family of the Year”, “It’s Family for Us”, the All-Russian Wedding Festival and a number of others, gives its results, forms traditions, and a respectful attitude towards the family.

    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 –

    July 17, 2025
  • MIL-OSI Russia: Materials for the Government meeting on July 17, 2025.

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – Government of the Russian Federation –

    An important disclaimer is at the bottom of this article.

    The following issues are planned to be considered at the meeting:

    1. On the allocation of budgetary allocations to the Ministry of Industry and Trade of Russia in 2025 from the reserve fund of the Government of the Russian Federation for the provision of one-time financial assistance in the form of a subsidy from the federal budget to the budget of the Republic of Tatarstan

    The draft order is aimed at providing financial support for the implementation of the investment project “Complex for the production of large-tonnage LNG compressor units” in the single-industry town of Zelenodolsk.

    2. On the allocation of budgetary allocations to Rosaviatsia in 2025 from the reserve fund of the Government of the Russian Federation for the purpose of providing subsidies from the federal budget to Russian airports

    The draft order is aimed at partial reimbursement of expenses for ordinary activities and interest on credit agreements or loan agreements during the period of introduction of the temporary flight restriction regime to airports in the southern and central parts of Russia for December 2024 – June 2025.

    3. On the allocation of budgetary allocations to the Ministry of Transport of Russia in 2025 from the reserve fund of the Government of the Russian Federation within the framework of the state program of the Russian Federation “Development of the transport system”

    The funds are needed to implement the project “Construction of the Bagaevsky hydroelectric complex on the Don River. Objects of the 2nd stage (main period).”

    4. On the allocation of budgetary appropriations to the Ministry of Construction of Russia in 2025 from the reserve fund of the Government of the Russian Federation for the purpose of providing another inter-budget transfer from the federal budget to the budget of the Orenburg Region

    The draft order is aimed at reimbursing the regional budget for the costs incurred in financial support for the implementation of social support measures for citizens whose residential premises were lost and/or damaged as a result of the emergency caused by the spring floods of 2024.

    5. On the allocation of budgetary appropriations to the Ministry of Construction of Russia in 2025 from the reserve fund of the Government of the Russian Federation for the provision of a subsidy from the federal budget within the framework of the federal project “Assistance to the development of infrastructure of the constituent entities of the Russian Federation (municipalities)” to the budget of the Saratov region for the purpose of implementing the project “Bank protection of the Volgograd reservoir on the section from the first berth to the solarium “Zaton” city of Saratov (stages 2, 3)”

    The adoption of the draft order will ensure the creation of a full-fledged coastal protection belt and the use of the embankment as a center of public and cultural activity in Saratov.

    6. On the allocation of budgetary appropriations from the reserve fund of the Government of the Russian Federation to the Ministry of Economic Development of Russia in 2025

    The draft order is aimed at providing the Federal Corporation for the Development of Small and Medium-Sized Entrepreneurship joint-stock company with a subsidy from the federal budget for the implementation of projects aimed at developing special economic zones and single-industry municipalities of the Russian Federation (single-industry towns).

    Moscow, July 16, 2025

    The content of the press releases of the Department of Press Service and References is a presentation of materials submitted by federal executive bodies for discussion at a meeting of the Government of the Russian Federation.

    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 –

    July 17, 2025
  • MIL-OSI Russia: The Amur Region’s exposition at the Far East Street exhibition within the framework of the Eastern Economic Forum will tell about the development of Russian-Chinese cooperation

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – Government of the Russian Federation –

    An important disclaimer is at the bottom of this article.

    The largest investment projects, industrial achievements and development prospects of the transboundary agglomeration Blagoveshchensk – Heihe will be presented by the Amur Region at the exhibition “Far East Street”, which will be held from September 3 to 9 as part of the tenth, anniversary Eastern Economic Forum in Vladivostok. The main slogan of the region is “Amur Region – the center of Russian-Chinese cooperation”. The organizer of the exhibition is the Roscongress Foundation with the support of the office of the Plenipotentiary Representative of the President of Russia in the Far Eastern Federal District.

    “The Amur region is the territory of the largest infrastructure projects. To attract investments, the Amur Region is one of the leading regions. Among the largest investment projects of the region are the construction of a logistics complex, a gas -chemical cluster, an international bridge across the Amur, a cross -border cable car and modern infrastructure facilities. Projects are actively developing in the field of agriculture, energy, mining industry and forestry complex. This is the region from which Russia enters into space. Here the first civilian cosmodrome eastern cosmodrome works here. Recently, the Russian-Chinese Economic Forum “Amuraxpo“, which is the field platform of the Eastern Economic Forum, was completed. This year, the VEF takes place in the anniversary, the tenth time. The forum will be given special attention, as the development of international cooperation with friendly countries. Relations between Russia and China are an important stabilizing factor in world politics and economics. With every year, every year between every year. Our countries are more than economic and cultural. Our task is to help the region attract investors, develop partnerships with friendly countries, to build new enterprises, the quality of life of people was created, ”said the deputy chairman of the government, the Presidential Plenipotentiary Committee, and the Chairman of the Organizational Committee of the Eastern Economic Forum Yuri Trutnev.

    The main color accent in the design of the Amur pavilion is red, since this color is present in the national flags of both countries – the Russian Federation and the People’s Republic of China. The facade of the building is made of red perforated panels, on which you can read individual words and phrases about the achievements of the Amur Region.

    “The Eastern Economic Forum is the key event of the year for us. This unique venue allows us to conclude dozens of profitable agreements, agree on the implementation of promising investment projects in the region, and outline new directions for the region’s development. And the regional pavilion on Far East Street plays a huge role in attracting new investors, partners, and tourists. It should present all the region’s achievements, its prospects, and key projects in various fields in the most visual way possible. When developing the expositions, we try to introduce new details every year, using the most modern means, infographics, and multimedia,” said Vasily Orlov, Governor of the Amur Region.

    The first floor of the Amur Region pavilion is dedicated to Russian-Chinese cooperation. The stand will present existing and prospective joint projects. Among them are the Golden Mile, an international automobile bridge and a cross-border cable car. Guests of the pavilion will be able to learn about key Russian-Chinese cultural, sports and economic events that have taken place over the past ten years. The work of the competence center created under the President’s instructions will also be shown.

    The second floor of the region’s exposition is designed as a chemical laboratory, with an emphasis on polymer processing and products obtained from them. The walls will display information about the anchor projects of the region’s gas chemical industry – the Amur Gas Chemical Plant and the Amur Gas Chemical Complex. The third floor will traditionally become a meeting place for representatives of the region with partners and potential investors, a negotiation area and signing of agreements.

    In addition, in a separate pavilion “Made in Amur Region”, visitors to the exhibition will be able to purchase kvass, honey, dried fruits, snacks, sausages and confectionery, green tea, as well as souvenirs from Amur craftsmen. The adjacent territory will house a tourist zone with a geodome “Tourism in Amur Region”. At the site, representatives of the Hospitality Agency of Amur Region will talk about the tourism potential of the region in an interactive space.

    In honor of the 80th anniversary of the Victory in the Great Patriotic War, a thematic interactive stand will be installed near the regional pavilion. The exhibition will include unique historical materials, photographs, veterans’ memories and interactive elements allowing visitors to delve deeper into the events of those years. Also this year, a concert stage will return to the territory of the Amur Region pavilion.

    The 10th Eastern Economic Forum will be held on September 3–6 at the campus of the Far Eastern Federal University in Vladivostok. During these days, the exhibition will be available to forum participants, and on September 7, 8, and 9, it will be open to everyone. The EEF is organized by the Roscongress Foundation.

    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 –

    July 17, 2025
  • MIL-OSI Russia: To Alexey Rybnikov, People’s Artist of Russia.

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – Government of the Russian Federation –

    An important disclaimer is at the bottom of this article.

    Mikhail Mishustin congratulated the composer, producer, and artistic director of the Performing Arts Center on Dobryninskaya on his 80th birthday.

    The telegram states, in particular:

    “You are a brilliant composer who is rightfully considered a modern classic. A unique musical gift, bold imagination, the ability to work in a variety of forms and genres have been embodied in melodies for films and plays, rock operas, symphonies, choral and chamber works. Your compositions are filled with sincerity, melody, and unique intonations.

    I wish you creative success, health and prosperity.”

    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 –

    July 17, 2025
  • MIL-OSI Russia: Rosneft Improves Well Research Methods

    Translation. Region: Russian Federal

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

    Specialists from the Ufa scientific institute “Rosneft” have developed and patented the software “EchoTools” – the first domestic software that uses artificial intelligence to determine the liquid level and the speed of sound in the inter-tube space of a well. Using these indicators, oil workers calculate the bottomhole pressure and select the optimal operating mode for the well for maximum productivity.

    The new software interprets, on average, more than 10 thousand readings from wells in two minutes; manually, this would take more than three days.

    Well control solutions recommended by the new digital assistant “EchoTools” thanks to accelerated calculations allow, on average, one additional ton of oil to be extracted per day from one well.

    Development of technological potential is one of the key elements of the Rosneft-2030 strategy. The company prioritizes innovation activities, defining technological leadership as a key factor in competitiveness in the oil market.

    Department of Information and AdvertisingPJSC NK RosneftJuly 17, 2025

    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 –

    July 17, 2025
  • MIL-OSI Russia: Financial news: The Bank of Russia has clarified the criteria for obtaining the status of a qualified investor

    Translation. Region: Russian Federal

    Source: Central Bank of Russia –

    An important disclaimer is at the bottom of this article.

    The income level has been specified as an independent criterion for obtaining the status of a qualified investor: it must be at least 12 million rubles per year over the past 2 years. In combination with other criteria – complicated testing, education or an academic degree – the requirement is reduced to 6 million rubles. Income from the sale of real estate will not be taken into account. Such parameters are defined inindication Bank of Russia, which was registered by the Ministry of Justice.

    According to the educational criterion, instead of the current requirement for higher economic education, a list of specialties and areas of training is established, including in combination with the income or property criterion. Thus, a person can become a qualified investor if he received an education in the specialty “Accounting, Analysis and Audit” or “Taxes and Taxation” and his average annual income is 6 million rubles. International certificates, which are already used as requirements for investment advisers, have been added to the list of certificates taken into account when recognizing an investor as qualified.

    The parameters of the property criterion have not changed: now the minimum amount of assets that a person must own is 12 million rubles, and from January 1, 2026, it will increase to 24 million rubles. But in combination with other criteria, the requirements will be 2 times less – 6 million and 12 million rubles, respectively.

    The regulation will come into force on July 28, 2025.

    Preview photo: Vitalii Vodolazskyi / Shutterstock / Fotodom

    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 –

    July 17, 2025
  • MIL-OSI Russia: The government will reimburse new regions for the costs of restoring power grids.

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – Government of the Russian Federation –

    An important disclaimer is at the bottom of this article.

    Document

    Order dated July 15, 2025 No. 1906-r

    In 2025, 324.5 million rubles will be allocated from the Government’s reserve fund to reimburse the costs of upgrading distribution networks in the Donetsk and Lugansk People’s Republics, Zaporizhia and Kherson regions. An order to this effect has been signed.

    Five distribution networks have been updated in new regions recently. Among other expenses, the purchase of specialized equipment, as well as tools, special clothing and personal protective equipment will be reimbursed.

    The work is being carried out within the framework of the program for the socio-economic development of the Donetsk People’s Republic, the Luhansk People’s Republic, the Zaporizhia region and the Kherson region, which was approved by the Government in April 2023.

    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 –

    July 17, 2025
  • MIL-OSI Russia: Government meeting (2025, No. 24).

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – Government of the Russian Federation –

    An important disclaimer is at the bottom of this article.

    1. On the allocation of budgetary allocations to the Ministry of Industry and Trade of Russia in 2025 from the reserve fund of the Government of the Russian Federation for the provision of one-time financial assistance in the form of a subsidy from the federal budget to the budget of the Republic of Tatarstan

    The draft order is aimed at providing financial support for the implementation of the investment project “Complex for the production of large-tonnage LNG compressor units” in the single-industry town of Zelenodolsk.

    2. On the allocation of budgetary allocations to Rosaviatsia in 2025 from the reserve fund of the Government of the Russian Federation for the purpose of providing subsidies from the federal budget to Russian airports

    The draft order is aimed at partial reimbursement of expenses for ordinary activities and interest on credit agreements or loan agreements during the period of introduction of the temporary flight restriction regime to airports in the southern and central parts of Russia for December 2024 – June 2025.

    3. On the allocation of budgetary allocations to the Ministry of Transport of Russia in 2025 from the reserve fund of the Government of the Russian Federation within the framework of the state program of the Russian Federation “Development of the transport system”

    The funds are needed to implement the project “Construction of the Bagaevsky hydroelectric complex on the Don River. Objects of the 2nd stage (main period).”

    4. On the allocation of budgetary appropriations to the Ministry of Construction of Russia in 2025 from the reserve fund of the Government of the Russian Federation for the purpose of providing another inter-budget transfer from the federal budget to the budget of the Orenburg Region

    The draft order is aimed at reimbursing the regional budget for the costs incurred in financial support for the implementation of social support measures for citizens whose residential premises were lost and/or damaged as a result of the emergency caused by the spring floods of 2024.

    5. On the allocation of budgetary appropriations to the Ministry of Construction of Russia in 2025 from the reserve fund of the Government of the Russian Federation for the provision of a subsidy from the federal budget within the framework of the federal project “Assistance to the development of infrastructure of the constituent entities of the Russian Federation (municipalities)” to the budget of the Saratov region for the purpose of implementing the project “Bank protection of the Volgograd reservoir on the section from the first berth to the solarium “Zaton” city of Saratov (stages 2, 3)”

    The adoption of the draft order will ensure the creation of a full-fledged coastal protection belt and the use of the embankment as a center of public and cultural activity in Saratov.

    6. On the allocation of budgetary appropriations from the reserve fund of the Government of the Russian Federation to the Ministry of Economic Development of Russia in 2025

    The draft order is aimed at providing the Federal Corporation for the Development of Small and Medium-Sized Entrepreneurship joint-stock company with a subsidy from the federal budget for the implementation of projects aimed at developing special economic zones and single-industry municipalities of the Russian Federation (single-industry towns).

    Moscow, July 16, 2025

    The content of the press releases of the Department of Press Service and References is a presentation of materials submitted by federal executive bodies for discussion at a meeting of the Government of the Russian Federation.

    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 –

    July 17, 2025
  • MIL-OSI Russia: Financial news: The Bank of Russia is improving approaches to calculating standards.

    Translation. Region: Russian Federal

    Source: Central Bank of Russia –

    An important disclaimer is at the bottom of this article.

    From August 18, 2025, banks will begin calculating capital adequacy standards according to new instructions from the Bank of Russia No. 220-I And No. 221-I.

    The new rules imply the transition of all banks with a universal license to a finalized (more risk-sensitive) approach to calculating capital adequacy standards. The standard approach will be retained for banks with a basic license and non-bank credit institutions.

    Other important changes include:

    — the criteria for classifying borrowers as investment grade have been improved (in particular, a condition has been added for having a credit rating of at least “A”), to which a reduced risk weight is applied;

    — differentiated risk weights have been introduced for loans to subjects and municipalities of Russia depending on the level of credit rating from Russian rating agencies, and in its absence, on the level of debt sustainability as assessed by the Ministry of Finance of Russia (in the future, it is planned to completely switch to credit ratings);

    — risk weights for mortgage loans at the construction stage are equal to those used for mortgages on completed housing, and those, in turn, are calibrated based on default statistics;

    — when calculating macroprudential premiums, a single multiplicative approach will be applied both for banks using approaches to risk assessment based on internal ratings and for other banks;

    — further important steps have been taken to address the problem of credit concentration: firstly, under repo transactions the risk will be considered to be on the issuer of securities accepted as collateral if the borrower’s rating is below “AA”; secondly, banks will be able to transfer the concentration risk from the borrower to a reliable guarantor/surety/issuer of securities accepted as collateral.

    The changes will help to more accurately assess risks, will help to level the playing field for competition, and will also support balanced growth in lending to the economy.

    To make it easier for banks to adapt to the new regulations, some of the innovations will only apply to new loans, that is, those issued after August 18, 2025.

    Preview photo: focal point / Shutterstock / Fotodom

    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 –

    July 17, 2025
  • MIL-OSI Europe: Written question – Commission Communication on the state of play on the implementation of the Pact on Migration and Asylum and Poland’s position on the Pact – P-002909/2025

    Source: European Parliament

    Priority question for written answer  P-002909/2025
    to the Commission
    Rule 144
    Mariusz Kamiński (ECR)

    In Commission Communication COM(2025)319 of 11 June 2025, entitled ‘State of play on the implementation of the Pact on Migration and Asylum’[1], it was noted that 25 Member States had submitted their national implementation plans for the migration pact. At the same time, it was stated that all Member States, with the exception of Hungary, had ‘regularly engaged with the Commission on the implementation of the Pact’.

    In footnote 13, the Commission clarifies that ‘Hungary communicated to the Commission that it does not intend to prepare a NIP. Poland submitted its position on the implementation of the Pact’.

    On the basis of the above information, it can be concluded that, unlike Hungary, Poland has not declared an intention not to prepare a national implementation plan and that it has been regularly engaging with the Commission in this regard.

    In the light of the foregoing:

    • 1.On the basis of which document submitted by Poland and which of its points did the Commission come up with the assessment set out in footnote 13?
    • 2.On what basis did the Commission include Poland among the Member States that ‘regularly engaged’ with the Commission on the implementation of the pact?
    • 3.How does the Commission assess the current state of implementation of the Pact on Migration by Poland?

    Submitted: 16.7.2025

    • [1] https://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=CELEX:52025DC0319
    Last updated: 17 July 2025

    MIL OSI Europe News –

    July 17, 2025
  • MIL-OSI Europe: Highlights – REGI – Executive Vice-President Raffaele Fitto – 17.07.25 – Committee on Regional Development

    Source: European Parliament

    Hearing of Executive Vice-President-designate Raffaele Fitto © European Union 2024 – EP

    The Committee on Regional Development had a presentation from the Executive Vice-President Fitto for Cohesion and Reforms of the Commission’s proposals on cohesion policy 2028-2034 at its meeting on Thursday 17 July 2025.

    MIL OSI Europe News –

    July 17, 2025
  • MIL-OSI Europe: Commission decides to refer MALTA to the Court of Justice of the European Union for not correctly applying EU law in relation to port workers 

    Source: European Commission

    European Commission Press release Brussels, 17 Jul 2025 The European Commission decided to refer Malta to the Court of Justice of the European Union for failing to fulfil its obligations under the EU treaties in relation to its port workers regime.

    MIL OSI Europe News –

    July 17, 2025
  • MIL-OSI Europe: Latest news – Meeting on current food security crisis in Gaza (17/07/2025) – Delegation for relations with Palestine

    Source: European Parliament

    Share this page on Facebook Share this page on X Share this page on LinkedIn

    The Delegation met on Thursday, 17 July 2025, from 09.00-10.00 in Brussels to hold an exchange of views on the current food security crisis in Gaza with Mr Moner Murtaja, Humanitarian Policy Expert.

    The meeting was held in camera.

    MIL OSI Europe News –

    July 17, 2025
  • MIL-OSI Europe: Commission refers HUNGARY to the Court of Justice of the European Union for contradicting the Union’s position on intra-EU arbitrations under the Energy Charter Treaty

    Source: European Commission

    European Commission Press release Brussels, 17 Jul 2025 Today, the Commission decided to refer Hungary to the Court of Justice of the European Union for contradicting the Union’s position on intra-EU arbitrations under the Energy Charter Treaty and not abiding to the case law of the Court of Justice.  

    MIL OSI Europe News –

    July 17, 2025
  • MIL-OSI Europe: Written question – Financing of international institutions under the Neighbourhood, Development and International Cooperation Instrument – Global Europe – E-002850/2025

    Source: European Parliament

    Question for written answer  E-002850/2025
    to the Vice-President of the Commission / High Representative of the Union for Foreign Affairs and Security Policy
    Rule 144
    Fernand Kartheiser (NI)

    Under the Neighbourhood, Development and International Cooperation Instrument – Global Europe, the International Criminal Court and other international institutions receive direct financing from the European Union. In the case of the former, it is estimated that half of its budget is borne by the EU.

    • 1.Could the Vice-President of the Commission / High Representative of the Union for Foreign Affairs and Security Policy (VP/HR) indicate the precise wording of this strategic partnership and the steps taken to ensure that this financing does not negatively affect the independence of the court?
    • 2.Could the VP/HR also specify the period of time for which the funds are granted and under what conditions they are allocated, as well as share relevant documentation regarding the financing, including the amounts involved?
    • 3.More generally, could the VP/HR specify the nature, duration and scope of the relationship with the International Criminal Court, including the forms of cooperation involved (such as political dialogue or technical assistance)?

    Submitted: 12.7.2025

    Last updated: 17 July 2025

    MIL OSI Europe News –

    July 17, 2025
  • MIL-OSI Europe: Written question – Public health risk: legionella detected in tourist facilities – E-002834/2025

    Source: European Parliament

    Question for written answer  E-002834/2025
    to the Commission
    Rule 144
    Galato Alexandraki (ECR)

    This tourist season, alarming rates of legionella have been detected in the tap water of a number of tourist facilities, mainly in Crete. Legionellosis poses a serious threat to public health, especially in areas with high numbers of visitors and high temperatures, such as southern Europe. The national authorities carry out periodic checks, but questions arise as to the effectiveness of the implementation of Directive (EU) 2020/2184 on the quality of water.

    In view of the above, can the Commission say:

    • 1.Is the Commission aware of the presence of legionella in tourist facilities in Crete and of its rates of detection in water?
    • 2.Will it strengthen prevention by means of stricter checks and additional financial support to Member States for monitoring and prevention systems?
    • 3.How does it assess the adequacy of the implementation of Directive (EU) 2020/2184, and is there a single European system for recording and monitoring legionellosis in tourist areas?

    Submitted: 11.7.2025

    Last updated: 17 July 2025

    MIL OSI Europe News –

    July 17, 2025
  • MIL-OSI Europe: Written question – Allocation of funds to South African wine while European sector rocked by crisis – E-002765/2025

    Source: European Parliament

    Question for written answer  E-002765/2025
    to the Commission
    Rule 144
    Anna Maria Cisint (PfE)

    The recent news of the allocation of EUR 15 million from the EU’s Cooperation Fund to the South African wine industry is causing outrage among European producers, particularly those from countries where the sector is being rocked by crisis, such as France, which has been denied support for its grubbing-up campaign.

    While that action is the product of agreements signed years ago, it seems paradoxical in the current day and age to provide third countries, whose producers compete with European producers, with funding for wine production, at a time when wine consumption is falling throughout Europe and the threat of tariffs is hampering trade.

    The decision to reduce common agricultural policy (CAP) resources, opening the doors to the European market through agreements with Mercosur, thus weakening our supply chains and further undermining the EU’s credibility in the eyes of our farmers, also appears completely out of line with the current state of European farming.

    In the light of the above:

    • 1.Does the Commission not consider it appropriate to completely revise its approach to European farming, both in the current context and in view of the upcoming budgetary discussions on the CAP?
    • 2.Which countries outside the EU have received EU funds in the last three years for their farming and wine sectors?

    Submitted: 8.7.2025

    Last updated: 17 July 2025

    MIL OSI Europe News –

    July 17, 2025
  • MIL-OSI Europe: Smart factories and a cleaner future

    Source: European Investment Bank

    Learnica is part of LTH Castings Group, a Slovenian company that is one of the leading European suppliers to the automotive industry, with clients such as Mercedes-Benz, Bosch, BMW and Continental. Learnica and other companies in the Western Balkans are preparing for new EU fees on carbon emissions, known as the Carbon Border Adjustment Mechanism, which will start in 2026.

    The mechanism is a new tool that puts a carbon price on goods imported into the European Union. The EU goal is to be be carbon neutral by 2050. North Macedonia is not part of the European Union, but its products are used in EU goods and will count toward this new carbon fee. EU firms must track and report emissions that are created by their products inside and outside the European Union. As of January 2026, EU manufacturers will need to purchase certificates to cover these emissions.

    “Achieving carbon neutrality is one of our core strategic goals,” Jovčevska says. “We have embedded this objective into every investment and improvement made in our production processes over the past ten years.”

    Learnica is located in Ohrid, a city known for its rich cultural heritage. The town sits on the edge of Lake Ohrid, one of Europe’s deepest and oldest lakes, which is home to a unique aquatic ecosystem that includes many species highly sensitive to pollution and climate change.

    “We wanted to reduce the negative impact that an industry such as ours can have on the environment, especially given the importance of Ohrid to Macedonians,” Jovčeska says.

    To limit its environmental impact, Learnica uses “green” aluminium made from recycled materials, which takes 95% less energy to produce than aluminium made from primary raw materials. The company has also introduced several other green initiatives, such as producing heat from melting furnaces, installing solar panels to generate electricity, and developing a water-cooling system that purifies and recycles water used in the manufacturing process.

    MIL OSI Europe News –

    July 17, 2025
  • MIL-OSI Europe: Written question – Unacceptable Libyan grievances against Greece and the attempt to create faits accomplis in the Eastern Mediterranean – P-002851/2025

    Source: European Parliament

    Priority question for written answer  P-002851/2025
    to the Vice-President of the Commission / High Representative of the Union for Foreign Affairs and Security Policy
    Rule 144
    Afroditi Latinopoulou (PfE)

    On 20 June 2025, the Permanent Mission of Libya to the UN issued a Note Verbale accusing Greece of a ‘serious breach of international law’, arguing that Greek permits for hydrocarbon exploration south of Crete allegedly infringe Libya’s ‘sovereign rights’.

    Invoking the blatantly illegal Turkish-Libyan memorandum of understanding, both non-officially recognised Libyan governments are attempting to challenge Greek sovereignty and denying the influence of the Greek islands – even Crete itself – in maritime zones, in breach of the Law of the Sea (UNCLOS). This is a dangerous escalation, which is part of the broader strategy of the Turkish and Libyan governments to destabilise the Eastern Mediterranean and challenge the lawful rights of an EU Member State.

    In view of the above, can the Vice-President of the Commission / High Representative of the Union for Foreign Affairs and Security Policy say:

    • 1.Will she strongly condemn the non-existent Libyan grievances and the invocation of an illegal memorandum that grossly violates international law?
    • 2.How does she intend to actively defend Greece’s sovereignty and sovereign rights, while protecting the EU’s strategic interests in the Eastern Mediterranean against such destabilising practices?

    Submitted: 13.7.2025

    Last updated: 17 July 2025

    MIL OSI Europe News –

    July 17, 2025
  • MIL-OSI Economics: From 17.1 mm to 8.9 mm: The Galaxy Z Fold’s Journey to Becoming 48% Thinner

    Source: Samsung

     
    Unveiled at Galaxy Unpacked 2025 in New York on July 9, Galaxy Z Fold7 is 48% thinner than the original Galaxy Fold. While overall thickness[1] declined by 29% across the first six generations — from Galaxy Fold in 2019 to Galaxy Z Fold6 in 2024 — a significant 26% reduction was achieved in just the past year. This streamlined design reflects Samsung Electronics’ continued advancements in hinge engineering and product design, delivering a more refined user experience.
     
    To highlight this milestone, Samsung Newsroom explores how the Galaxy Z Fold series has redefined thinness in foldable smartphones from 2019 to today.
     

     

     
     
    Making its debut in 2019, Galaxy Fold was Samsung’s first device to introduce the concept of foldable smartphones. With a maximum folded thickness[2] of 17.1 mm and a maximum unfolded thickness of 7.6 mm, the device offered the public its first look at foldable display technology. This revolutionary form factor ushered in a new mobile experience, allowing users to enjoy a widescreen display from the palm of their hand.
     
     

     
    Introduced in 2020, Galaxy Z Fold2 featured the Hideaway Hinge — consisting of more than 60 internal components for smoother, more flexible folding. The precision-engineered hinge integrated seamlessly into the device’s body, reducing the maximum folded thickness to 16.8 mm and the maximum unfolded thickness to 6.9 mm.
     

     
    Released in 2022, Galaxy Z Fold4 brought notable improvements in both weight and thickness. The gear-based hinge was replaced with a linear movement mechanism, reducing internal components and resulting in a maximum folded thickness of 15.8 mm and an unfolded thickness of 6.3 mm. This redesign offered a sleeker profile and improved ergonomics while maintaining the device’s robust performance.
     

     
    In 2023, Galaxy Z Fold5 introduced the Flex Hinge, an innovative hinge mechanism with four drive shafts that enabled the display to curl inward in a water-drop shape, replacing the traditional Hideaway Hinge. This advancement enabled the two halves of the phone to close more evenly, minimizing the screen crease and eliminating the gap when folded. The result was a more compact form factor, with a folded thickness of 13.4 mm and an unfolded thickness of 6.1 mm.
     

     
    Unveiled in 2024, Galaxy Z Fold6 delivered an even slimmer silhouette — just 12.1 mm when folded and 5.6 mm when unfolded. Featuring a refined structure and design of a symmetrical dual rail hinge, the device could be folded flat or opened to various angles between 75 and 115 degrees for greater versatility. This streamlined build further enhanced portability and everyday usability.
     

     
    Now the thinnest Galaxy Z Fold ever, Galaxy Z Fold7 embodies years of design evolution. With a folded thickness of just 8.9 mm and an unfolded thickness of 4.2 mm, the device sets a new standard for slim foldables. At the core is the Armor FlexHinge — a new structural innovation that fuses advanced materials with an optimized design for superior durability and compactness. While the cover display of the Galaxy Z Fold6 measures 6.3 inches (158.9 mm), the Galaxy Z Fold7’s cover display extends to 6.5 inches (164.8 mm) to increase usability when the device is folded. The main display[3] also spans 8.0 inches (203.1 mm) when unfolded, offering an 11% larger screen area than its predecessor — the biggest in the Z Fold series to date.
     
    With each new generation, the Galaxy Z Fold series has advanced in both form and function — reducing thickness while expanding what’s possible in a mobile device. At the heart of this progress is Samsung’s continuous innovation in hinge technology. As the Galaxy Z Fold series pushes the boundaries of smartphone design, Samsung remains committed to unlocking transformative experiences with next-generation engineering and a foldable form factor like never before.
     
    [1]Unfolded thickness is measured from the main display to the rear glass. Folded thickness is measured from the cover display to the rear glass.
    [2]Maximum folded thickness refers to the thickest point of the device when it is folded shut, which is at its hinge.
    [3]Measured diagonally, the Galaxy Z Fold7’s main display size is 203.1 mm in the full rectangle; actual viewable area is less due to the rounded corners.

    MIL OSI Economics –

    July 17, 2025
  • MIL-OSI Economics: Samsung in Partnership with Ocule IT Utilise Enterprise Development Bootcamp to Drive Economic Growth & Job Creation

    Source: Samsung

    Samsung is delivering the second phase of the Enterprise Development Bootcamp, while its partner Ocule IT is participating for the first time – providing support and expertise as part of this initiative. This transformative programme designed to prepare small and medium-sized enterprise (SME) participants for investment funding, with the ultimate aim of driving economic growth and job creation.
     
    This Bootcamp which was piloted last year is a critical component of Samsung’s R280-million worth Equity Equivalent Investment Programme (EEIP) and aims to equip entrepreneurs with the essential skills and knowledge needed to meet investor requirements and effectively approach the market. It is designed for aspiring entrepreneurs with experience in the Information and Communication Technology (ICT) field with innovative ideas and, this also includes start-ups and established enterprises aiming to scale or overcome challenges.
     
    This bootcamp is an intensive training programme and focuses on areas that include business management, financial planning and pitching to investors; designed to empower young entrepreneurs, particularly those from underserved communities, with skills and knowledge to launch and grow their businesses. Sponsored by Samsung, this EEIP transformative initiative is prioritising alumni’s from the Ocule IT Electronics Technician/Artisan programme.
     
    This programme is part of Samsung’s broader commitment to foster SME development and digital skills development in South Africa – leveraging local talent and expertise. Importantly, it is closely aligned with the National Development Plan (NDP) and black economic empowerment goals that are designed to transform the country’s economy by empowering Black South Africans – fostering a more equitable and inclusive society.
     
    Sanele Gcumisa, Managing Member of Ocule IT explained: “The launch of this Ocule IT and Samsung Enterprise Development initiative aims to empower entrepreneurs for investment readiness. This structured support seeks to ensure that participants are fully prepared to secure the needed funding to grow their businesses. This initiative underscores Ocule IT and Samsung’s commitment to foster entrepreneurship and drive economic growth by empowering businesses with business tools to become investor-ready.”
     
    This bootcamp focuses on fostering a dynamic and collaborative environment – empowering a diverse range of participants who already have a foundation in the electronics sector, while also enhancing the programme’s relevance and effectiveness. The programme provides training in areas that are relevant to starting and scaling a business, such as business planning, marketing and financial management.
     
    In particular, the structure of the Bootcamp involves a week-long intensive training session with masterclasses and opportunities to pitch business ideas for seed funding. The programme features a comprehensive five-day boot camp which took place the week of 07 – 11 July 2025 and will now be followed by a four-month incubation process that involves intensive mentoring.
     

     
    During this period, participants will work on creating a professional data room – a critical tool that potential funders and investors use to evaluate businesses. Also, this programme will provide a direct financial contribution of R500,000 to support participants in their entrepreneurial journey and take their businesses to the next level.
     
    A highlight of the initiative is the Pitch and Polish session, scheduled for the end of October 2025, where nine out of fifteen participants will have the opportunity to win cash prizes. These top performers are then divided into three categories, each comprising an average of five participants. The top three winners in the various tiers will be selected from each category, resulting in a total of nine winners. Following the Pitch and Polish session, the nine winners will undergo three months of monitoring as they submit their business plans and financials to potential funders and investors.
     
    Nicky Beukes, Samsung South Africa EEIP Project Manager said: “For us at Samsung, this programme’s impact goes beyond mere investment – it is there to offer financial support to Electronics Technician Programme alumni as well as innovative ideas to start a business and those who already have established enterprises but require additional assistance. The Bootcamp offers a comprehensive programme designed to nurture the entrepreneurial spirit of alumni and this, allows participants to gain access to seed funding, mentorship and business development workshops.”
     
    This holistic approach ensures that participants are equipped not only with financial resources but also with the strategic insights and practical skills necessary to succeed in the competitive electronics industry. With this programme, Samsung is able to provide successful entrepreneurs with access to its supply chain, potentially creating further business opportunities.
     
    Gcumisa added: “Because effective public, private partnerships (PPPs) are crucial to both our company and Samsung, we are also in the process of engaging with the KwaZulu-Natal Growth fund and Sefda including other business partners. Also, the plan is to have additional partners presenting in October closer to the Pitch and Polish stage to give final advice. All such activities will occur in the last quarter; however, the final details will be shared in due course. For now, the focus is to ensure that learners are presented with material that they can use to prepare for the Pitch and Polish.”
     
    This valuable initiative aligns with Samsung’s commitment to fostering entrepreneurship, skills development and positive social impact in the country. In essence, the Samsung EEIP ED Bootcamp provides a platform for ICT entrepreneurs to gain the skills, knowledge and support they need to thrive and contribute to the South African economy.
     
    Beukes concluded: “Our commitment to sustainable development in collaboration with Ocule IT ensures that the initiative contributes to long-term positive impacts on the local community. By empowering young entrepreneurs, the programme contributes to local economic participation and creates a more inclusive and innovative society.”

    MIL OSI Economics –

    July 17, 2025
  • MIL-OSI Economics: Samsung in Partnership with Ocule IT Utilise Enterprise Development Bootcamp to Drive Economic Growth & Job Creation

    Source: Samsung

    Samsung is delivering the second phase of the Enterprise Development Bootcamp, while its partner Ocule IT is participating for the first time – providing support and expertise as part of this initiative. This transformative programme designed to prepare small and medium-sized enterprise (SME) participants for investment funding, with the ultimate aim of driving economic growth and job creation.
     
    This Bootcamp which was piloted last year is a critical component of Samsung’s R280-million worth Equity Equivalent Investment Programme (EEIP) and aims to equip entrepreneurs with the essential skills and knowledge needed to meet investor requirements and effectively approach the market. It is designed for aspiring entrepreneurs with experience in the Information and Communication Technology (ICT) field with innovative ideas and, this also includes start-ups and established enterprises aiming to scale or overcome challenges.
     
    This bootcamp is an intensive training programme and focuses on areas that include business management, financial planning and pitching to investors; designed to empower young entrepreneurs, particularly those from underserved communities, with skills and knowledge to launch and grow their businesses. Sponsored by Samsung, this EEIP transformative initiative is prioritising alumni’s from the Ocule IT Electronics Technician/Artisan programme.
     
    This programme is part of Samsung’s broader commitment to foster SME development and digital skills development in South Africa – leveraging local talent and expertise. Importantly, it is closely aligned with the National Development Plan (NDP) and black economic empowerment goals that are designed to transform the country’s economy by empowering Black South Africans – fostering a more equitable and inclusive society.
     
    Sanele Gcumisa, Managing Member of Ocule IT explained: “The launch of this Ocule IT and Samsung Enterprise Development initiative aims to empower entrepreneurs for investment readiness. This structured support seeks to ensure that participants are fully prepared to secure the needed funding to grow their businesses. This initiative underscores Ocule IT and Samsung’s commitment to foster entrepreneurship and drive economic growth by empowering businesses with business tools to become investor-ready.”
     
    This bootcamp focuses on fostering a dynamic and collaborative environment – empowering a diverse range of participants who already have a foundation in the electronics sector, while also enhancing the programme’s relevance and effectiveness. The programme provides training in areas that are relevant to starting and scaling a business, such as business planning, marketing and financial management.
     
    In particular, the structure of the Bootcamp involves a week-long intensive training session with masterclasses and opportunities to pitch business ideas for seed funding. The programme features a comprehensive five-day boot camp which took place the week of 07 – 11 July 2025 and will now be followed by a four-month incubation process that involves intensive mentoring.
     

     
    During this period, participants will work on creating a professional data room – a critical tool that potential funders and investors use to evaluate businesses. Also, this programme will provide a direct financial contribution of R500,000 to support participants in their entrepreneurial journey and take their businesses to the next level.
     
    A highlight of the initiative is the Pitch and Polish session, scheduled for the end of October 2025, where nine out of fifteen participants will have the opportunity to win cash prizes. These top performers are then divided into three categories, each comprising an average of five participants. The top three winners in the various tiers will be selected from each category, resulting in a total of nine winners. Following the Pitch and Polish session, the nine winners will undergo three months of monitoring as they submit their business plans and financials to potential funders and investors.
     
    Nicky Beukes, Samsung South Africa EEIP Project Manager said: “For us at Samsung, this programme’s impact goes beyond mere investment – it is there to offer financial support to Electronics Technician Programme alumni as well as innovative ideas to start a business and those who already have established enterprises but require additional assistance. The Bootcamp offers a comprehensive programme designed to nurture the entrepreneurial spirit of alumni and this, allows participants to gain access to seed funding, mentorship and business development workshops.”
     
    This holistic approach ensures that participants are equipped not only with financial resources but also with the strategic insights and practical skills necessary to succeed in the competitive electronics industry. With this programme, Samsung is able to provide successful entrepreneurs with access to its supply chain, potentially creating further business opportunities.
     
    Gcumisa added: “Because effective public, private partnerships (PPPs) are crucial to both our company and Samsung, we are also in the process of engaging with the KwaZulu-Natal Growth fund and Sefda including other business partners. Also, the plan is to have additional partners presenting in October closer to the Pitch and Polish stage to give final advice. All such activities will occur in the last quarter; however, the final details will be shared in due course. For now, the focus is to ensure that learners are presented with material that they can use to prepare for the Pitch and Polish.”
     
    This valuable initiative aligns with Samsung’s commitment to fostering entrepreneurship, skills development and positive social impact in the country. In essence, the Samsung EEIP ED Bootcamp provides a platform for ICT entrepreneurs to gain the skills, knowledge and support they need to thrive and contribute to the South African economy.
     
    Beukes concluded: “Our commitment to sustainable development in collaboration with Ocule IT ensures that the initiative contributes to long-term positive impacts on the local community. By empowering young entrepreneurs, the programme contributes to local economic participation and creates a more inclusive and innovative society.”

    MIL OSI Economics –

    July 17, 2025
  • MIL-OSI Economics: New TV Commercial for Samsung SOS+ Service Goes Live

    Source: Samsung

    Samsung South Africa is proud to announce the release of its brand-new television commercial showcasing the recently launched Samsung SOS+ service, powered by AURA.
     
    The commercial brings to life the vital role that Samsung SOS+ plays in providing fast, reliable emergency assistance when it matters most. With a light-hearted and yet compelling story that shows exactly what the service does, the ad highlights how Samsung continues to use innovation to protect and empower its users.
     
    Viewers across South Africa can expect to see the commercial airing on major broadcast channels and across digital platforms. It’s a powerful reminder that help is now closer than ever – all at the touch of a button of the latest Galaxy A Series (A56, A36 and A26) smartphones, which exclusively offer the 12-month emergency assist subscription service for free.
     
    “We’re excited to share this campaign with the public,” said Kgomotso Mannya, Chief Marketing Officer for Samsung Africa. “The commercial reflects the real-world value of Samsung SOS+, and we hope it encourages more people to activate and use this life-enhancing service.”
     
    Keep an eye out, and experience how Samsung is empowering consumers with security, and peace of mind through Samsung SOS+.
     
    For more information, visit Samsung.com.
     

     

    MIL OSI Economics –

    July 17, 2025
  • MIL-OSI Video: Ninth annual conference of the European Systemic Risk Board

    Source: European Central Bank (video statements)

    https://www.esrb.europa.eu/news/schedule/2025/html/20250903_9th_annual_conference.en.html

    https://www.youtube.com/watch?v=Uo5si6V31_Q

    MIL OSI Video –

    July 17, 2025
  • MIL-OSI USA: Cortez Masto: Republicans’ Claw Back of Bipartisan Funding will Hurt Families, Make Nevadans Less Safe

    US Senate News:

    Source: United States Senator for Nevada Cortez Masto

    Washington, D.C. – U.S. Senator Catherine Cortez Masto (D-Nev.) voted against the Republican rescission package, which would cut already-approved bipartisan funding for public TV and radio as well as for global humanitarian aid. The legislation, which now heads back to the U.S. House of Representatives, would cut support for critical educational and public safety programs in Nevada.

    “Today, Republicans voted to slash funds that help rural communities, Tribes, families with kids, and farmers across the country. Public broadcasting funding in particular plays a critical role in delivering emergency alerts and keeping communities across Nevada safe,” said Senator Cortez Masto. “This vote also sets the dangerous precedent that Republicans can claw back funding that was already approved by Congress with bipartisan support. Nevadans deserve better.”

    The Republican rescission package would cut foreign aid programs that support American farmers, help thousands of vulnerable children worldwide, and help counter the influence of countries like Communist China abroad.

    The bill would slash over $7.5 million from public broadcasting in Nevada – including from Nevada Public Radio (KNPR), KUNR, Reno PBS TV, and Vegas PBS TV. The cuts would in turn affect rural communities whose radio and TV stations rely on public broadcasting funding – including stations in Laughlin, Mesquite, Elko, Tonopah, Round Mountain, and more. Eliminating these critical dollars will make it harder to get safety information and warnings to Nevadans in the cases of emergencies, AMBER Alerts, and natural disasters like wildfires. Public TV and radio also serve as critical resources that provide educational programming to children and families across the state. The average cost to the American taxpayer for public broadcasting is about $1.60 per person per year.

    “The elimination of CPB funding is a direct threat to Nevada Public Radio’s ability to cover news across our state—especially in rural communities, many of which are already considered news deserts. This decision undermines the essential role public media plays in connecting Nevadans with trusted, fact-based journalism and independent reporting that commercial media often overlooks. While CPB accounts for about 8% of our funding, its loss will be felt far beyond our budget—it jeopardizes our capacity to tell the stories of underrepresented communities, hold institutions accountable, and sustain meaningful reporting in places where no other outlet exists,” said Favian Perez, CEO & President of Nevada Public Radio.

    “We are beyond disappointed that despite the work of Senators Cortez Masto and Rosen, a majority of the Senate has decided to ignore the will of the American people and vote to defund public broadcasting. Due to this action thousands of Nevada’s families may lose access to the quality educational programs, services and emergency alerting notices provided by public television. This decision will have a negative impact on the quality of life in our state,” said Kurt A. Mische, President & CEO of PBS Reno.

    MIL OSI USA News –

    July 17, 2025
  • MIL-OSI Europe: Swearing-in ceremony for new recruits of the Intelligence System for the Security of the Republic

    Source: Government of Italy (English)

    Vai al Contenuto Raggiungi il piè di pagina

    15 Luglio 2025

    The President of the Council of Ministers, Giorgia Meloni, and the Director General of the Security Intelligence Department (‘DIS’), Vittorio Rizzi, addressed today’s swearing-in ceremony for the new recruits of the Intelligence System for the Security of the Republic, held at Palazzo Dante in Rome. The ceremony was also attended by Undersecretary of State to the Presidency of the Council of Ministers Alfredo Mantovano, the Director of the Internal Intelligence and Security Agency (‘AISI’), Bruno Valensise, and the Director of the External Intelligence and Security Agency (‘AISE’), Giovanni Caravelli.

    [The swearing-in ceremony]

    MIL OSI Europe News –

    July 17, 2025
  • Global oil prices likely to decline, India ready for any sanctions fallout: Hardeep Puri

    Source: Government of India

    Source: Government of India (4)

    Union Petroleum and Natural Gas Minister Hardeep Singh Puri on Thursday expressed confidence that global oil prices could see a decline in the coming months. He also played down concerns about possible US sanctions over India’s continued purchase of oil from Russia.

    “The price of oil will come down as more sources of supplies are coming. We have enough oil around,” Puri said, underlining India’s strategy of tapping into a wider pool of suppliers to ensure energy security.

    In response to questions about potential US secondary sanctions on countries importing Russian energy, Puri said he was “not worried at all.”

    “If something happens, we will deal with it,” he said, adding, “Ek darwaza band hota hai to doosra khul jata hai” (When one door closes, another one opens).

    The minister highlighted that India has significantly broadened its oil import network. “India has diversified the sources of supplies from 27 to 40 countries now. 16 per cent of oil market growth has come from India, and studies show it may go up to 25 per cent.”

    Addressing the global dependence on Russian oil, Puri said that Russia accounts for 10 per cent of global crude production. “Our analysis shows that if Russia were not included, prices would have gone up to 130 dollars a barrel. Even Turkey, China, Brazil, and the EU have purchased oil and gas from Russia,” he said.

    ANI

    July 17, 2025
  • Fire at mall in Iraq leaves at least 69 dead: Report

    Source: Government of India

    Source: Government of India (4)

    A massive fire in a hypermarket in al-Kut city in eastern Iraq has left at least 69 people dead and 11 others missing, Reuters reported citing city’s health authorities and two police sources on Thursday.

    Reuters’ footage of the aftermath of the overnight fire showed the blackened exterior of “Corniche Hypermarket” building, with rescue teams and security forces still at the site.

    Videos verified by Reuters showed firefighters spraying water on the blazing building overnight and people climbing from the roof with the help of rescue teams.

    “We have more bodies that have not been recovered still under fire debris,” city official Ali al-Mayahi told Reuters.

    The cause of the fire was not immediately known, but the province’s governor said initial results from an investigation would be announced within 48 hours, the INA state news agency reported.

    “We have filed lawsuits against the owner of the building and the mall,” INA quoted the governor as saying.

    A lack of safety measures in Iraq has led to large death tolls in fires. In 2023, more than 100 people were killed after a fire swept through a crowded wedding hall in a northern Iraqi town.

    (Reuters)

     

    July 17, 2025
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