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Category: AM-NC

  • MIL-OSI Asia-Pac: LCQ11: Facilitating re-domiciliation of non-Hong Kong-registered enterprises to Hong Kong

    Source: Hong Kong Government special administrative region

         Following is a question by the Hon Edmund Wong and a written reply by the Acting Secretary for Financial Services and the Treasury, Mr Joseph Chan, in the Legislative Council today (July 16):
     
    Question:
     
         The Companies (Amendment) (No. 2) Bill 2024, which was passed on May 14 this year, seeks to introduce a company re-domiciliation regime (the Regime) that enables overseas-registered enterprises to transfer their domicile to Hong Kong without having to undergo winding-up procedures in their original domicile while preserving their legal identities. The Amendment Ordinance took effect on May 23 this year, and the Regime opened for applications on the same day. In this connection, will the Government inform this Council:
     
    (1) of the number of enquiries and applications received by the authorities from overseas enterprises regarding the Regime between May 23 and June 30 this year; the following information on such overseas enterprises applying for re-domiciliation to Hong Kong: (i) nature of business, (ii) company assets and scale, and (iii) original domicile;
     
    (2) whether it has estimated the average processing time from receipt of an application for re-domiciliation from an overseas enterprise to formal approval of the enterprise to establish a presence in Hong Kong (i.e. the successful transfer of its domicile to Hong Kong);
     
    (3) whether any overseas enterprises have successfully established a presence in Hong Kong through the Regime to date; if so, of the number of such enterprises, the nature of their business, their company assets and scale, as well as their original domicile; and
     
    (4) whether it will formulate a promotional plan to promote the Regime through Invest Hong Kong and overseas economic and trade offices to attract more overseas enterprises to apply for re-domiciliation to Hong Kong; if so, of the details of the plan (including the resources involved); if not, the reasons for that?
     
    Reply:
     
    President,
     
         The company re-domiciliation regime commenced on May 23, 2025. A company incorporated outside Hong Kong may apply to the Companies Registry (CR) for re-domiciliation to Hong Kong. The regime reduces the need to go through complicated and costly judicial procedures, and enables a re-domiciled company to maintain its legal identity as a body corporate, thereby ensuring business continuity. An applicant for company re-domiciliation is required to fulfil requirements concerning company background, integrity, member and creditor protection, solvency, etc.
     
         My consolidated reply to the four parts of the question is as follows:
     
         After the implementation of the re-domiciliation regime, two international insurance groups immediately announced their plans to re-domicile to Hong Kong, which is the best testament to the regime’s effectiveness in enhancing companies’ operational efficiency. As at July 11, 2025, the CR received 265 enquiries relating to re-domiciliation. The total number of visits and downloads at the thematic section of the CR’s website exceeded 22 000 and 42 000 respectively, reflecting the positive market response to the new company re-domiciliation regime in Hong Kong. As it takes time for companies planning to re-domicile to Hong Kong to prepare the application documents, and to fulfil the requirements of their place of incorporation and other relevant jurisdictions for the proposed re-domiciliation, the CR has not yet received any formal application for re-domiciliation to Hong Kong from non-Hong Kong enterprises. At the same time, some financial institutions and enterprises have contacted the Financial Services and the Treasury Bureau (FSTB) and expressed that they are preparing to apply for re-domiciliation to Hong Kong. According to the enquiries received by the CR, most of the companies interested in re-domiciliation are from offshore economies such as Bermuda, the Cayman Islands and the British Virgin Islands.
     
         The FSTB, the CR and financial regulators will actively provide appropriate support to applicants to assist with their re-domiciliation. Under normal circumstances, the CR will complete the approval process within two weeks after an applicant has submitted all the required documents and information. On the day of issuance of a certificate of re-domiciliation, the applicant becomes a re-domiciled company and is regarded as a Hong Kong-incorporated company from the same date. The re-domiciled company is then required to complete the deregistration procedures at its place of incorporation within 120 days. The re-domiciled company may make an application to the CR to extend the 120-day period subject to any conditions the Registrar of Companies considers appropriate.
     
         The CR has set up a thematic section on its website, containing the Guide on Company Re-domiciliation, application form and frequently asked questions. The FSTB, in conjunction with the CR and the Inland Revenue Department, has proactively reached out to professional organisations and chambers of commerce, and organised briefings to introduce the content, application details and taxation arrangements of the company re-domiciliation regime. We will continue to work with Invest Hong Kong, the Economic and Trade Offices and the Hong Kong Exchanges and Clearing Limited to conduct external publicity and promotion with a view to attracting major Hong Kong-listed companies and other companies registered outside Hong Kong to make good use of the company re-domiciliation regime, and to maximising the regime’s benefits of attracting more companies, capital and talents to Hong Kong, thereby contributing to the development of the local economy. The publicity work is currently undertaken by the FSTB and the relevant departments respectively with their existing staff establishment.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: ICAC to complement national anti-graft policy and scale new heights following fruitful golden jubilee year

    Source: Hong Kong Government special administrative region

    The following press release is issued on behalf of the Independent Commission Against Corruption:

    Following a fruitful year that marked its golden jubilee, the Independent Commission Against Corruption (ICAC) is set to complement the country’s development and anti-graft policy, continue to combat corruption at full throttle and uphold Hong Kong’s integrity and rule of law to achieve greater success in the next 50 years, according to the 2024 ICAC Annual Report issued today (July 16).

    MIL OSI Asia Pacific News –

  • MIL-OSI USA: Van Orden Applauds Committee Passage of FY26 National Defense Authorization Act

    Source: United States House of Representatives – Congressman Derrick Van Orden (Wisconsin 3rd)

    WASHINGTON, D.C. – Today, U.S. Navy SEAL veteran Congressman Derrick Van Orden (WI-03) released the following statement after voting to pass the Fiscal Year 2026 (FY26) National Defense Authorization Act (NDAA) out of the House Armed Services Committee: 

    “Under the Biden administration, the world was a much more dangerous place due to sheer incompetence and mismanagement. The Department of Defense (DoD) had gone so far off mission it put our servicemembers, national security, allies, and every single American at grave risk. 

    “With President Trump as our Commander-in-Chief and Secretary Hegseth leading the DoD, we are restoring readiness and lethality in our Armed Forces. Passage of this year’s NDAA is a critical step to delivering on President Trump’s promise of delivering Peace through Strength and ensuring our servicemembers have every tool and resource they need to meet any challenge and defend our interests at home and abroad.”

    Rep. Van Orden championed multiple provisions in the FY26 NDAA:

    • Inclusion of the Strengthening Our Servicemembers with Milk Act, which requires milk be available at dining facilities on military installations.
    • Inclusion of the TAP Promotion Act to provide veterans with information on Veteran Service Organizations who assist with the transition into civilian life and help navigate benefits available to servicemembers and their families.
    • Dental care coverage under TRICARE for reservists.
    • Codifying the DoD authority for joint task forces to support law enforcement agencies and other federal agencies conducting counterterrorism and counter transnational organized crime activities.
    • Codifying and expanding the Individual Longitudinal Exposure Record (ILER) as a centralized database of servicemembers’ occupational and environmental exposure data.
    • Prohibiting the use of DoD funds to promote or endorse CRT in military academies, servicemember training, or professional military education.
    • Establishing formal contracting goals for DoD in contracting with small businesses owned and controlled by veterans.
    • Requiring DoD to produce a briefing on the access levels and obstacles, and recommend improvements to ensure innovative companies can fully participate in national defense modernization.

    Other priorities of Rep. Van Orden in the bill include:

    Modernizing the Armed Forces:

    • $10 million for robotic training targets to enhance National Guard lethality.
    • $2.5 million for modernization and manufacturing of engines for traditional Collaborative Combat Aircraft platforms.

    Enhancing Air Force Surveillance, Reconnaissance, and Tracking (SRT) Capabilities:

    • Requiring use of commercial data analytics to provide the Air Force with tactical SRT capability to the combatant commands.
    • Requiring the Air Force to establish the SRT commercial data analytics program as a program of record.

    Elevating Defense Technology:

    • Creating a pilot program to accelerate development and procurement of innovative technology and equipment to enhance operational capabilities of Special Forces.
    • Requiring briefing on enhancing operational lethality through AI-enabled unmanned systems. 

    Strengthening Cooperation Operations with Our Allies:

    • Establishing an emerging technology cooperation program with Israel and other partner countries.
    • Broadening the U.S.-Israel C-UAS cooperation to include unmanned systems in all domains and extends authority through 2028.

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Rep. Sara Jacobs Secures IVF Coverage Expansion in Committee-Passed NDAA

    Source: United States House of Representatives – Congresswoman Sara Jacobs (D-CA-53)

    July 15, 2025

    Washington, D.C. — Rep. Sara Jacobs (CA-51) passed her amendment that would establish TRICARE coverage of assisted reproductive technology, including IVF, for all active duty service members and their dependents through the FY26 National Defense Authorization Act in the House Armed Services Committee. Sen. Tammy Duckworth (D-IL) passed a similar provision through the Senate Armed Services Committee last week. These two amendments are inspired by their bicameral legislation, the IVF for Military Families Act.

    Rep. Sara Jacobs said: “Our military families are leaving the Armed Forces because they can’t access and afford the family-building services they need and want. About a quarter of active-duty service members and military spouses report infertility, and yet, TRICARE doesn’t automatically cover IVF. That leaves our service members with limited options: beat the odds and prove that their infertility is directly related to their service, pay tens of thousands of dollars out-of-pocket for a chance at a family, forgo having children, or leave the military. These options are unacceptable for those who bravely wear our country’s uniform, especially because Members of Congress and our staff got access to this exact same coverage earlier this year. That’s why I’m so proud that both Senator Duckworth and I passed our amendments that require TRICARE coverage of IVF through our respective committees. I will keep fighting until we get this over the finish line because that’s the least we can do for those who’ve sacrificed so much for all of us.”

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Rep. Sara Jacobs Votes Against NDAA Due to Lack of Constraints on Military’s Role in Domestic Law Enforcement

    Source: United States House of Representatives – Congresswoman Sara Jacobs (D-CA-53)

    July 15, 2025

    Following the lack of meaningful reforms and constraints to the Insurrection Act and the Posse Comitatus Act, Rep. Sara Jacobs voted against the FY 2026 National Defense Authorization Act (NDAA) in the House Armed Services Committee.

    Rep. Sara Jacobs said: “Like so many Americans, I’m horrified and disturbed by President Trump’s abuse of the military to silence dissent, intimidate immigrant communities, and assist in domestic law enforcement. The military-civilian divide is a bedrock of our democracy, intended to protect civil rights and liberties and prevent the emergence of an authoritarian police state. In Los Angeles, we’ve already seen the military – at President Trump’s urging – use excessive force, commit questionable detentions, wield intimidation tactics, and violate people’s legal rights. This is only a glimpse of what could happen nationwide if President Trump invokes the Insurrection Act and turns U.S. troops on civilians. And our service members deserve better than to be used as political pawns in President Trump’s authoritarian games. 

    “The warning signs are here, and the American people are demanding that Congress do something. Unfortunately, my Republican colleagues on the House Armed Services Committee abdicated their responsibility to the Constitution and their constituents to rein in the Insurrection Act and the Posse Comitatus Act. It’s wildly disappointing but sadly unsurprising that they would rather stay in President Trump’s good graces than stop the democratic backsliding that’s happening right before our eyes. While I’m proud of the provisions I secured to expand military access to child care, housing, and fertility services and ensure transparency and accountability of the Pentagon’s use of AI, I can’t in good conscience support a bill that fails to put guardrails on the use of our military in such unprecedented times.”

    Rep. Sara Jacobs secured the following provisions in the FY26 NDAA:

    Improving Military Child Care

    • Extends the “Child Care in Your Home” (CCYH) pilot program that provides financial assistance to eligible military families, especially those with non-traditional work hours, large families, or children with special needs, for in-home child care.
    • Urges the Secretary of Defense to create a grant program to cover up to 75% of the cost for eligible civilian child care providers to expand their infant and toddler child care capacity 
    • Establishes a pilot program to raise the military fee assistance provider cap for children 24 months or younger by 30% near installations that face high child care costs

    Improving Access to Affordable Military Housing

    • Studies how the Basic Allowance for Housing can properly represent densely populated, expensive cities and rural communities
    • Excludes the Basic Allowance for Housing (BAH) from the calculation of gross household income of an eligible member of the Armed Forces, so it doesn’t hurt their access to the Basic Needs Allowance
    • Requires Privatized Military Housing landlords to report on their insurance policies, including their costs, and the amount of money made through remedial payments to landlords.

    Strengthening Access to Fertility Services 

    • Establishes TRICARE coverage of assisted reproductive technology, including IVF, for all active duty service members and their dependents and creates parity between service member and Member of Congress fertility services

    Helping Military Families Make Ends Meet

    • Increases the Family Separation Allowance to a mandatory $400 to reflect the rising cost of living and burdens on military families

    Upholding Human Rights, Enforcing Domestic and International Laws, and Preventing Conflict

    • Requires a report from the Department of Defense on its implementation of the Global Fragility Act (GFA), planned funding levels, and challenges and lessons learned from GFA implementation 
    • Requires notification to Congress anytime the Department of Defense enters into a basing agreement with a foreign military that includes whether any unit of that military has committed gross human rights violations
    • Authorizes full funding, consistent with FY25 levels, for institutional capacity building of partner militaries through the Institute for Security Governance (ISG) and for humanitarian support and demining through Overseas Humanitarian, Disaster, and Civic Aid (OHDACA)
    • Requires JAGs to be stationed at all combatant commands to ensure military operations follow domestic and international laws
    • Reinstates the requirement that Military JAGs be at the rank of 3-stars, making sure they have a seat at the table where critical strategic decisions are made

    Ensuring AI Transparency and Accountability

    • Studies how AI could be used to reduce civilian casualties
    • Requires a report from the Department of Defense with support from the Department of Energy on any efforts to incorporate non-Department AI data centers onto Department of Defense land, its plans for doing so, and potential impacts and consequences
    • Requires a report from the Department of Defense about the Chief Digital and Artificial Intelligence Office’s contract with xAI to ensure transparency and accountability
    • Requires the Secretary of Defense to notify Congress within 30 days of issuing any waiver under DoD Directive 3000.09 on autonomous weapons systems. The notice must include the rationale, description of the system, and expected duration. 
    • Directs the Under Secretary of Defense for Policy, in coordination with the Chief Digital and Artificial Intelligence Officer, to brief Congress on how the Department ensures humans authorize each use of force in autonomous and semi-autonomous weapons systems. The briefing must outline current policies, identify gaps, and describe steps being taken to maintain human oversight. 
    • Requires a report from the Chief Digital and Artificial Intelligence Officer on how AI-enabled decision aides are being integrated into non-lethal, daily DoD operations. The report must include use cases, lessons learned, and recommendations for scaling, training, and addressing ethical or cybersecurity issues, followed by a congressional briefing.
    • Directs the Under Secretary of Defense for Policy, in coordination with the Chief Digital and Artificial Intelligence Officer, to assess how AI models are influencing national security policy decisions, including risks like automation bias and lack of transparency. Requires a report and briefing covering current efforts, gaps in responsible AI integration, oversight of waivers from key AI policies, and a plan to address identified issues, including potential follow-up studies.
    • Establishes requirements for the Department of Defense to promote competition, data security, and responsible use of government data in contracts for AI, cloud computing, and data infrastructure. It also mandates public reporting on innovation and barriers in defense tech procurement and restricts the use of government data for training commercial AI without explicit authorization.

    Advancing Improved and Accountable Procurement at DoD

    • Opens up cloud and AI contracts to real competition and blocks vendors from training their commercial models on Pentagon-owned data without explicit permission.
    • Gives Congress a faster warning when a weapons program busts its budget by cutting the Nunn-McCurdy notification window to 30?days and requiring DoD to consider canceling runaway projects.
    • Requires every major weapons program to pinpoint parts that can shift to 3-D printing or other advanced manufacturing and deliver a plan to slash cost and lead time within two years.
    • Stops the Pentagon from labeling purchases of more than 500 units a “prototype,” ensuring that large purchases receive full competition and oversight.
    • Places significant “Other Transaction” projects under the same documentation and milestone reviews as traditional acquisition programs, shedding light on a growing loophole.
    • Delivers the Pentagon’s first-ever “Right to?Repair” for major weapons systems. Contractors must hand over the parts, tools, and technical data DoD needs to fix its own gear—breaking decades-old vendor lock-ins, slashing sustainment costs, and speeding repairs that keep jets flying and ships sailing.

    ###

    MIL OSI USA News –

  • US launches probe into Brazil’s trade practices, digital payment services

    Source: Government of India

    Source: Government of India (4)

    U.S. Trade Representative Jamieson Greer said on Tuesday he had launched an investigation into Brazil’s “unfair” trading practices, a week after President Donald Trump threatened a 50% tariff on imports from Latin America’s largest economy.

    Trump’s trade war, launched since starting his second term in January, sets tariffs on nearly all U.S. trading partners, aiming to reorder the global economy and end decades of what he calls discrimination against the United States.

    The USTR investigation, announced last week by Trump, will decide if Brazil’s treatment of digital trade and preferential tariffs, among others, is “unreasonable or discriminatory and burdens or restrict” U.S. commerce, Greer said.

    “At President Trump’s direction, I am launching a Section 301 investigation into Brazil’s attacks,” he added in a statement.

    Among victims of such attacks he cited U.S. social media and other companies, as well as workers, farmers, and technology innovators he described as harmed by Brazil’s “unfair trading practices”.

    Following extensive consultations, Greer added, “I have determined that Brazil’s tariff and non-tariff barriers merit a thorough investigation, and potentially, responsive action.”

    Trump justified his 50% tariff from August 1, well above the rate of 10% initially proposed, with a demand for an end to the trial of former President Jair Bolsonaro for allegedly plotting a coup.

    The high tariff for Brazil surprised many trade experts since its U.S. goods imports exceed its exports, and because Trump linked the rate so clearly to Bolsonaro’s trial.

    Brazil offered no immediate reaction to news of the U.S. investigation. On Monday, Vice President Geraldo Alckmin said it had yet to receive a response from Washington to an offer it made in trade talks two months ago.

    During his first term, Trump used Section 301 of the Trade Act of 1974 to justify a spate of tariffs against China. It was also used to investigate other countries for digital services taxes on U.S. tech firms.

    In a statement, USTR said Brazil disadvantaged U.S. firms by setting lower tariffs on exports of other trading partners and accused it of failing to battle corruption.

    It added that Brazil also charged substantially higher tariffs on U.S. ethanol exports, and “appears to be failing” to enforce laws against illegal deforestation, which it said harmed the competitiveness of U.S. timber producers.

    (Reuters)

  • Over 2.34 lakh perform Amarnath Yatra, another batch of pilgrims leaves for Kashmir

    Source: Government of India

    Source: Government of India (4)

    Another batch of 6,064 pilgrims departed from Jammu on Wednesday to undertake the ongoing Amarnath Yatra, which has already seen over 2.34 lakh devotees perform darshan at the holy cave shrine in the past 13 days.

    According to officials, the 2025 Amarnath Yatra, which began on July 3, continues smoothly with strong participation. “Another batch of 6,064 yatris left Bhagwati Nagar Yatri Niwas in Jammu today in two escorted convoys headed for the Valley,” an official said.

    The first convoy, comprising 95 vehicles and carrying 2,471 pilgrims, departed at 3:30 a.m. for the Baltal base camp. The second convoy of 139 vehicles, with 3,593 pilgrims on board, left at 4:07 a.m. for the Nunwan (Pahalgam) base camp.

    The Meteorological Department has forecast widespread light to moderate rainfall across Jammu & Kashmir over the next 24 hours.

    Security arrangements have been significantly intensified this year following Pahalgam terror attack.

    This year’s Yatra spans 38 days, concluding on August 9, which coincides with Shravan Purnima and Raksha Bandhan.

    (IANS)

  • 1.4 lakh new PM Jan Dhan Yojana accounts opened since July 1: Finance ministry

    Source: Government of India

    Source: Government of India (4)

    Nearly 1.4 lakh new accounts under the Pradhan Mantri Jan Dhan Yojana (PMJDY) have been opened across the country since July 1, the Department of Financial Services (DFS) said on Tuesday. More than 5.4 lakh fresh enrollments under the three Jan Suraksha Schemes have also been recorded during this period.

    The DFS has rolled out a three-month nationwide campaign, which began on July 1 and will run till September 30, to expand the reach of its flagship financial inclusion schemes — PMJDY, Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY), Pradhan Mantri Suraksha Bima Yojana (PMSBY) and Atal Pension Yojana (APY). The campaign aims to cover all Gram Panchayats and Urban Local Bodies to ensure that every eligible citizen can access these schemes.

    “The initiative reflects the government’s commitment to last-mile financial empowerment and greater socio-economic inclusion,” the finance ministry said in a statement.

    In the first two weeks of the drive, 43,447 enrolment camps have been organised in various districts to register beneficiaries and promote financial literacy. Progress reports for 31,305 camps have been compiled so far.

    The outreach campaign will cover about 2.7 lakh Gram Panchayats and urban bodies by September-end.

    Additionally, the finance ministry clarified that the government has not issued any order to banks to close inactive PM Jan Dhan Yojana accounts.

    “In connection with reports appearing in the media that the Department of Financial Services (DFS), Ministry of Finance, has asked banks to close inactive PM Jan Dhan Yojana accounts, the DFS has clarified that it has not asked banks to close inactive PM Jan Dhan Yojana accounts,” the finance ministry said.

    So far, over 55.44 crore Jan Dhan accounts have been opened in India, with women holding 56 per cent of them. Deposits in these accounts crossed Rs 2.5 lakh crore as of May 21 this year.

  • Sensex, Nifty open lower amid mixed global cues

    Source: Government of India

    Source: Government of India (4)

    Indian benchmark indices opened on a flat note on Wednesday, reflecting weakness in Asian markets and investor caution ahead of corporate earnings releases and key global trade developments.

    At the start of the trading session, the BSE Sensex opened at 82,534.66, down 36.24 points, while the Nifty 50 at the National Stock Exchange (NSE) slipped 0.80 points to open at 25,196.60.

    In early trade, market breadth remained moderately positive, with 1,271 stocks advancing, 818 declining, and 171 remaining unchanged.

    On the NSE, SBI Life Insurance, Trent, Tech Mahindra, Hero MotoCorp, and Tata Consumer were among the top gainers. Meanwhile, Shriram Finance, Cipla, Hindalco, Reliance Industries, and TCS were notable laggards.

    Market analysts flagged concerns around US President Donald Trump’s recent announcement of 200% tariffs on pharmaceuticals, expected to be implemented this month, much sooner than his earlier indication of a 12–18 month timeline. Additionally, the threat of secondary tariffs up to 100% on countries engaging in trade with Russia, particularly those importing crude oil, is creating unease among investors. The deadline for these potential sanctions is September 2.

    “India is awaiting clarity on a US tariff deal. Trump’s abrupt announcement regarding pharma tariffs and the looming deadline for secondary sanctions on Russian oil imports are creating uncertainty. Disengaging from a strategic partner like Russia is not a viable option for India, which adds to investor anxiety,” said Ajay Bagga, Market and Banking Expert.

    Investors are also closely monitoring corporate margin pressures, global demand outlooks, and forward guidance from companies as earnings season progresses.

    Akshay Chinchalkar, Head of Research at Axis Securities, noted: “The Nifty gained 113 points to close at 25,196 yesterday, marking its first rise in five sessions. Technically, a swing low has been confirmed at 25,000. A close above 25,245 today could fuel further optimism. However, for bullish momentum to return convincingly, we need a daily close above 25,340. Support is currently seen between 24,940 and 25,000. While Asian markets remain flat, US index futures are down about 0.2%.”

    Indian benchmark indices had snapped a four-day losing streak on Tuesday, driven by gains in the Auto and Banking & Financial Services (BFSI) sectors. Broader markets outperformed, with the Midcap and Smallcap indices rising 0.8% and 1.0%, respectively. Market breadth was robust, with a healthy 2:1 advance-to-decline ratio, according to SBI Securities.

    (ANI)

     

  • EAM Jaishankar slams terrorism at SCO meet, cites Pahalgam attack as example

    Source: Government of India

    Source: Government of India (4)

    External Affairs Minister Dr. S. Jaishankar on Tuesday stressed the importance of taking an uncompromising stance against terrorism, citing the recent Pahalgam terrorist attack in India, which was condemned by the UN Security Council.

    The Minister was speaking at the Shanghai Cooperation Organisation (SCO) Council of Foreign Ministers Meeting in Tianjin.

    He highlighted three evils – terrorism, separatism and extremism, which often occur together, in his post on X. He said, “Recently, we in India witnessed a graphic example in the terrorist attack in Pahalgam on 22 April 2025. It was deliberately conducted to undermine the tourism economy of Jammu and Kashmir while sowing a religious divide. The UN Security Council, of which some of us are currently members, issued a statement that condemned it in the strongest terms and ‘underlined the need to hold perpetrators, organizers, financiers and sponsors of this reprehensible act of terrorism accountable and bring them to justice’. We have since done exactly that and will continue doing so. It is imperative that the SCO, to remain true to its founding objectives, take an uncompromising position on this challenge.”

    He highlighted India’s commitment to holding perpetrators accountable and bringing them to justice.

    Jaishankar emphasised the need for SCO member states to work together to stabilise the global order, mitigate risks, and address longstanding challenges that threaten collective interests amid rising conflicts, competition, and economic instability.

    “In the last few years, we have seen more conflicts, competition and coercion. Economic instability is also visibly on the rise. The challenge before us is to stabilise the global order, de-risk various dimensions and, through it all, address longstanding challenges that threaten our collective interests,” the EAM posted on X.

    Jaishankar underscored the need for cooperation within the SCO to be based on mutual respect, sovereign equality, and adherence to the territorial integrity and sovereignty of member states. He also mentioned India’s initiatives in areas like startup innovation, traditional medicine, and digital public infrastructure.

    “India has taken several initiatives in the SCO in domains ranging from startup and innovation to traditional medicine and digital public infrastructure. We will continue to positively approach new ideas and proposals that are genuinely for our collective good. It is essential that such cooperation is based on mutual respect, sovereign equality and in accordance with the territorial integrity and sovereignty of member states,” said Jaishankar.

    Jaishankar emphasised the importance of addressing current issues, such as the lack of assured transit within the SCO space, to deepen collaboration and promote economic cooperation. He also highlighted the potential of the International North South Transport Corridor (INSTC) to boost regional connectivity.

    “Deepening collaboration within the SCO naturally requires more trade, investment and exchanges. For that to move to the next level, it is imperative that we address some current issues. One of them is the lack of assured transit within the SCO space. Its absence undermines the seriousness of advocating cooperation in economic areas. Another is to ensure the promotion of the International North South Transport Corridor (INSTC). We are confident that it will continue to gather momentum,” he added.

    Jaishankar stressed the need for the international community, particularly SCO members, to provide development assistance to Afghanistan, while ensuring regional stability and concern for the well-being of the Afghan people.

    “Afghanistan has been long on the SCO agenda. The compulsions of regional stability are buttressed by our longstanding concern for the well-being of the Afghan people. The international community, particularly SCO members, must therefore step up with development assistance. India, for its part, will certainly do so,” added Jaishankar.

    He noted the emergence of effective groupings like the SCO in a multipolar world and emphasised the importance of coming together on a shared agenda to contribute to shaping world affairs.

    “The world is today moving towards greater multipolarity. This is not just in terms of redistribution of national capacities, but also the emergence of effective groupings like SCO. Our ability to contribute to the shaping of world affairs will naturally depend on how well we come together on a shared agenda. That means taking everybody on board,” said Jaishankar.

    EAM Jaishankar held several high-level interactions on the sidelines of the SCO Foreign Ministers’ meeting.

    He met his Russian counterpart, Sergey Lavrov, on the sidelines of the Shanghai Cooperation Organisation (SCO) Foreign Ministers’ Meeting on Tuesday.

    In a post on X, Russia’s Foreign Ministry shared, “Russia’s Foreign Minister Sergey Lavrov and Minister of External Affairs of India @DrSJaishankar hold a meeting on the sidelines of the #SCO Council of Foreign Ministers meeting.”

    He also met Iranian Foreign Minister Seyed Abbas Araghchi on Tuesday on the sidelines of the Shanghai Cooperation Organisation (SCO) Foreign Ministers’ meeting in Tianjin, China.

    Jaishankar shared the update on X. He wrote, “Good to catch up with FM @araghchi of Iran, this time on the sidelines of the SCO Foreign Ministers Meeting in Tianjin.”

    Jaishankar is on an official visit to China to attend the SCO Foreign Ministers’ Meeting. He arrived in Beijing after concluding his trip to Singapore. This is also his first visit to China since the Galwan Valley clash in 2020, which severely strained ties between the two countries.

    Earlier in the day, Jaishankar, along with other SCO foreign ministers, met Chinese President Xi Jinping.

    His visit comes shortly after recent visits to China by Defence Minister Rajnath Singh and National Security Advisor (NSA) Ajit Doval, both of whom attended SCO-related engagements in June.

    Chinese Foreign Minister Wang Yi is also expected to visit India next month to meet NSA Ajit Doval. The meeting will be part of the Special Representatives (SR) dialogue mechanism, aimed at resolving the long-standing boundary dispute between the two countries. (ANI)

  • MIL-OSI United Kingdom: Mayor of London warns UK must not ‘pull up the drawbridge to international students’ in landmark speech

    Source: Mayor of London

    • Mayor shares new analysis of major economic benefits from international students in speech hosted by Imperial College London’s new Ghana hub
    • City Hall projections put annual economic benefit of overseas students at UK universities around £55bn, with £12.5bn from those based in London
    • Sadiq will warn that ministers who want to “pull up the drawbridge to international students” would “slow down growth and leave working people in Britain worse off” as he stresses economic benefits of attracting the best global talent to study, work and live here

    Mayor of London, Sadiq Khan, is urging the government not to make it harder for international students to study in the UK as he reveals new analysis showing they contribute £12.5bn to the capital and £55bn to the national economy every year.

    The Mayor is in Ghana today (Wednesday 16 July) as part of his historic five-day trade mission to Africa, banging the drum for the capital as a place to invest and strengthening ties with countries across the continent. A major speech in Accra will see Sadiq make the case for welcoming students from around the world, and warn that proposals for a new levy on their university fees would be damaging to London and the UK’s economy.

    The UK Government is currently considering a new levy on income that English universities generate from international students as part of its immigration whitepaper, which could not only put students off coming here from overseas but also create a substantial extra financial burden for already stretched universities. The Mayor’s speech today will warn that this levy would be “an act of immense economic self-harm”.

    Today the Mayor will deliver a keynote speech on the power of education, innovation and entrepreneurship to Ghanaian students hosted at Imperial College London’s Accra hub. With five per cent of London’s higher education population coming from Africa [1], he will stress that London is open to global talent and make the positive case for international study.

    Latest analysis by London Economics revealed a more than £10 billion rise in the economic contribution of international higher education students to the UK economy, from £31.3bn in 2018/19 to £41.9bn in 2021/22 – leading City Hall economists to project it could hit £55bn in the current academic year on the basis of historical trends [2].

    London accounts for almost a quarter of this national impact, representing around £10bn in the latest data and projected to reach £12.5bn this year [3]. International students in the capital created an average net benefit of £1,040 per Londoner over the course of their studies, as beyond their university fees they contribute by spending in all sectors of the economy and bringing family or friends to visit [4].

    This positive economic impact spreads across the UK, with international students making a £58m net contribution to the national economy per parliamentary constituency during their studies – providing an equivalent £560 benefit for each local resident [5]. They also bring a longer-term labour market value, as many stay here after their studies to work in key economic sectors from tech and AI to finance and creative industries.

    Imperial is the first UK university with a permanent base solely focused on science, technology and innovation in Africa – building on the rapidly rising number of advancements and breakthroughs Imperial has made working with researchers in Ghana over recent years. Imperial Global Ghana serves as an academic hub to support high-impact collaboration in cutting-edge fields from medical diagnostics to urban health and AI to climate science.

    As well as current students, the Mayor will meet recent graduates including Shirgade Laryea, a Ghanaian alumna of Imperial College London’s Business School who is now a rising star in the UK-Ghana Chamber of Commerce. Other alumni success stories include Affinity bank founder Tarek Mouganie, Liquify fintech platform COO Alberta Asafa-Asomoah and former Anglo Gold Ashanti CEO Sir Sam Jonah.

    The Mayor is expected to say in his speech: “There are people at home who believe we should pull up the drawbridge to international students, or punish universities that choose to welcome people from around the world.

    “Our new analysis shows international students bring in tens of billions for our economy each year over the course of their studies, including £12.5 billion in London alone. And when they graduate, they go on to make our city – and our country – a better place to be.”

    The Mayor will add: “Closing our country to global talent would be an act of immense economic self-harm – one that would slow down growth and leave working people in Britain worse off than before. That’s why I’m calling on our Government not to make it harder for international students to study in the UK.

    “On my watch, London will be as open as ever… but I think we must do more. We cannot simply wait for the world to come to London; we must bring London to the world.”

    Imperial College London President, Professor Hugh Brady, said: “Imperial Global Ghana creates a bridge between London and Accra so you get a flow of ideas, talent and capital. The hub supports hundreds of entrepreneurs and scientists in West Africa, and enables talented students to further their studies in London.

    “International students are an essential part of Imperial’s global community. They bring diverse perspectives, new ideas, and fresh approaches to tackling today’s most complex challenges. We are pleased that London and the UK remains a top destination and welcoming environment for international students.”

    Imperial Global Ghana Associate Director, Clare Turner, said: “A truly global city – and its universities – thrive when people with different cultural, social and intellectual perspectives come together. At Imperial Global Ghana, our focus is on building long-term equitable research and education partnerships that both inspire the next generation of leaders and innovators, and work towards a greater understanding of complex global challenges – such as climate change, the energy transition, and access to quality healthcare.”

    University of Ghana Vice Chancellor, Professor Nana Aba Appiah Amfo, said: “It is a great honour to welcome the Mayor of London, Sir Sadiq Khan, to Ghana and to the University of Ghana. His presence underscores the growing importance of global partnerships in shaping the future of education and innovation; we look forward to deepening these ties as we empower the next generation of changemakers on the continent and beyond.

    “We are especially proud of our collaboration with Imperial College London – one that continues to thrive through initiatives such as the Impact Hub and other areas such as digital diagnostics, innovation and entrepreneurship, public health, environmental sustainability, and vaccine manufacturing clearly stipulated in a five-year Memorandum of Understanding signed in 2024. This innovative cooperation is hinged on our five strategic priorities: transformative student experience, impactful research, commitment to our faculty and staff, engagement and partnerships, as well as sustainable resource mobilisation and stewardship.”

    London Higher CEO, Liz Hutchinson, said: “London’s universities are world-leading because they are international, with overseas students enriching not just the economy but also the learning experience and the vibrant, creative communities that the capital is famous for. International graduates are crucial to London’s talent pipeline, joining the many businesses based here or as entrepreneurs.

    “This is a time when we should be strengthening our position as a hub for talented individuals from across the world. The government’s proposed levy on international students does the opposite. With our partners in the sector, in industry and in London, we stand ready to collaborate with Government and sector colleagues to find alternative solutions that enhance rather than damage London’s international competitiveness.”

    Universities UK Chief Executive, Vivienne Stern, said: “The Mayor of London will see first-hand the global reach of UK universities and their contribution to the cutting-edge research tackling shared challenges. He is right to champion the power of education, and this new analysis once again highlights the economic value of international students to the UK.

    “We are fortunate to be a destination of choice for students from all over the world; they contribute to our research landscape and our communities, as well as enabling UK students to benefit from diverse perspectives. We should be proud of this and work hard to make sure that international students feel welcome.”

    Business LDN Chief Executive, John Dickie, said: “At a time when some of our rivals are closing their doors to international students, the UK should do all it can to reinforce its attractiveness to talented people from across the globe.

    “London is the world’s best city to study, but the Government’s plans to introduce a new levy on the income generated by overseas students risks damaging our competitiveness. Ministers should scrap these plans to avoid damaging growth, exacerbating the higher education sector’s financial challenges and undermining our soft power.”

    Over the course of five days Sadiq will visit four cities – Lagos, Accra, Johannesburg and Cape Town – to boost trade links with London and build on extensive connections with the capital’s growing African diaspora. The Mayor’s growth agency London & Partners will also host a trade delegation of 27 London-based companies that are looking to grow their businesses and access opportunities in this dynamic and important region of the world.

    MIL OSI United Kingdom –

  • MIL-OSI New Zealand: Rural News – Progress on rates reform – but only half the picture – Federated Farmers

    Source: Federated Farmers

    Federated Farmers is welcoming the Government’s moves to rein in soaring council rates but says key elements are missing from the reform bill announced yesterday.
    “The proposed legislation rightly refocuses councils on core services – roads, water, rubbish, and basic infrastructure – something we’ve long called for,” Federated Farmers local government spokesperson Sandra Faulkner says.
    “New financial performance measures, benchmarking and more regular public reporting should help drive greater transparency and accountability.”
    But Faulkner says while the Local Government (Systems Improvements) Amendment Bill also contains some regulatory relief tweaks, it fails to address a major pressure point: the constant loading of councils with new, unfunded mandates.
    There’s also no sign of ditching the 30% cap on uniform annual charges, or direction to councils they should use this tool more to distribute costs more fairly, instead of relying on property value-based rates that hit farmers hard.
    “Federated Farmers is in no doubt that many councils need to show more financial discipline.
    “Data shows the average dairy farmer’s rates in 2024/25 were $23,000, a 25% increase in the last five years. Rates for sheep and beef farms average $19,000, a 35% increase since 2020/21.
    “These are huge amounts to come out of farmers’ budgets year after year and our rural families are really feeling the pressure,” Faulkner says.
    Local Government Minister Simon Watt says the Government is working at pace to develop a rates cap model, expected later this year.
    “Federated Farmers supports the idea – but it has to be well-designed,” Faulkner says.
    “A lot of careful thought will be needed to get this right. There needs to be off-ramps for councils facing legitimate cost pressures for essential infrastructure like roads.
    “Councils still need to be well-funded in the interests of maintaining robust infrastructure.”
    She also warns a cap could affect Local Government Funding Authority credit ratings, potentially driving up borrowing costs for councils.
    “The last thing councils need are higher debt interest costs from LGFA, the principal lender at competitive rates to local authorities.”
    Faulkner says the bill and upcoming select committee hearings are a good chance to finally tackle bigger questions about council costs and funding.
    “Minister Watts has ruled out new taxes or revenue tools for councils, with the Government saying there’s still scope to get better value from current rates. But that ignores half the equation.
    “The bill acknowledges council rates rises are being driven by rising council costs, particularly for critical infrastructure.”
    The Federated Farmers ‘Restoring Confidence in Local Decision-Making’ blueprint calls for local road and bridge maintenance and renewal costs to be funded 90% from road user charges, rather than the current situation where ratepayers fork out just under 50% of these costs.
    “And we think there should be local referendums for any large council commercial projects – such as stadiums and conference centres – if they cost more than $500 per rateable property.” 

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Health – New low-risk drinking guidelines challenge outdated advice

    Source: Alcohol Healthwatch

    We all want the most up-to-date information to help us make informed choices for ourselves and our families.
    This is why today Alcohol Healthwatch have just posted the most recent evidence-based low-risk drinking guidelines on their website.
    New Zealand’s drinking guidelines are out of date and do not align with research showing there is no safe level of alcohol consumption, particularly for cancer risk.
    Information obtained by RNZ shows the alcohol industry has worked to pause a review of the official low-risk drinking guidelines for New Zealand. These guidelines have not been updated since their release in 2011.
    ” Quality, evidence-based drinking guidelines are crucial to help people understand the risk from alcohol, and evidence shows risk is present even at low levels of alcohol consumption,” says Andrew Galloway, Executive Director of Alcohol Healthwatch.
    “Low-risk drinking guidelines are a tool for individuals but also for health practitioners, (like GPs and emergency department staff) to use these when discussing alcohol use with their patients.”
    Alcohol industry lobbyists were exposed by RNZ requesting that information about the review of the New Zealand low-risk drinking guidelines and links to other countries’ guidelines be removed from the Health NZ website.
    The alcohol industry has a track record of opposing effective health policies. As a recent Public Health Communication Centre briefing on the rising influence of big business in policy making states: “t he alcohol industry profits when they impede effective policies, while individuals, wh ānau / families and taxpayers bear the costs, which fall disproportionately on Māori and low-income communities.”
    A recent poll shows the majority of New Zealanders agree the alcohol industry should have no place in developing alcohol policy.
    “As the official New Zealand low-risk drinking guidelines are out of date, and a review of the guidelines has been paused, we thought we’d offer the New Zealand public the most recent, credible and evidence-based guidelines. People in Aotearoa New Zealand deserve to know the risks from alcohol, our nation’s most harmful drug .”

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Memorials – Potential Christchurch sites for National Erebus Memorial shared with families

    Source: Ministry for Culture and Heritage

    “Potential National Erebus Memorial sites in Christchurch have been shared with Erebus families,” says Secretary for Culture and Heritage, Leauanae Laulu Mac Leauanae.
    The sites have been identified as possible locations for the memorial, which will honour the 257 people who lost their lives in 1979, when Flight TE901 crashed into the slopes of Mt Erebus in Antarctica while on a sight-seeing tour.
    “The potential sites we shared with Erebus families and members of Operation Overdue are Avon Riverbank in the central city, Cracroft Reserve in Cashmere and St James’ Church grounds in Harewood.”
    No decisions have been made about locating the memorial in Christchurch or which of the potential sites may be selected.
    The Ministry is currently seeking feedback from Erebus families on each of the potential sites.
    “We are grateful to Erebus families for their continued engagement. Sharing these potential sites is an important step and we will carefully consider their feedback.
    “We are committed to building this memorial – for the people who lost loved ones, for New Zealanders, and for those here and overseas impacted by the Erebus tragedy,” says Leauanae.
    Christchurch Mayor Phil Mauger says the city is honoured to be considered as a possible location for the memorial.
    “On behalf of Christchurch, I extend a warm invitation to Erebus families to consider the city as a potential location for the memorial,” says Mayor Mauger.
    “As a city, we have experienced tragedy and understand the deep impact the Erebus disaster continues to have on people across Aotearoa.
    “Christchurch is long connected to Antarctica, we feel a deep sense of responsibility to honour the lives of your loved ones with great care and quiet dignity.”
    Manatū Taonga Ministry for Culture and Heritage continues to work closely with Erebus families, mana whenua and stakeholders to find a site for the National Erebus Memorial.
    More information
    For more information about the National Erebus Memorial, visit our website: www.mch.govt.nz/our-work/memorials-and-commemorations/national-erebus-memorial

    MIL OSI New Zealand News –

  • MIL-OSI Australia: Fresh air, better care: Allied health embraces nature-based therapy

    Source:

    16 July 2025

    Whether it’s a walk by the sea or a breath of fresh air in the park, spending time in nature is widely known to support good health and wellbeing.

    Now, new research from the University of Adelaide and the University of South Australia shows that while nature-based therapy is strongly supported by allied health professionals, more needs to be done to embed it into routine care.

    In the first study of its kind – published in the journal  Health and Place – researchers found that 97% of allied health professionals believe that outdoor environments can help prevent and manage a wide range of physical, mental and social health conditions.

    Yet, significant barriers from carers, clients, and other health professionals can also prevent its use.

    Surveying 77 allied health professionals – including psychologists, social workers, physiotherapists, occupational therapists, speech pathologists, and exercise physiologists – the study found that more than 94% regularly recommend time outdoors to their clients.

    “Allied health professionals can play an important role in improving people’s access to and use of nature, to benefit their health and wellbeing,” says lead author and University of Adelaide Senior Research Fellow, Dr Jessica Stanhope.

    “Whether it’s persistent pain, high blood pressure, respiratory issues, or depression, allied health professionals recognise the therapeutic potential of time spent in nature.

    “But despite their support, barriers such as limited access to green spaces, mobility issues, patient safety concerns, and even scepticism from other professionals can prevent nature-based therapies from being used.”

    Other common challenges include professional resistance or lack of awareness about the evidence supporting nature-based approaches; environmental factors such as weather, infrastructure, and lack of inclusive design; and client concerns about motivation, ability, or perceived credibility of nature therapies.

    More than 70% of allied health professionals had advocated for providing and improving natural environments, with 55% directly involved in efforts to make outdoor spaces more accessible for therapy.

    “Even when patients can’t physically get outdoors, we know that exposure to nature – through images, sounds, scents, or simply viewing natural scenes – can still be beneficial,” Dr Stanhope says.

    “This is where community gardens, indoor green spaces in aged care facilities, and nature-based learning activities in schools and childcare settings are so valuable.

    “Through activities like walking outside, gardening, or even playing on a jungle gym, people are doing everyday skills, building their confidence, capacity and social connection.”

    Co-researcher Professor Mary Butler from UniSA says nature should be more fully integrated into the design and delivery of allied health.

    “We need to translate the research into practical strategies so that nature-based activities become part of standard care,” Prof Butler says.

    “That includes improving outdoor spaces through better paths, seating, shade, and fencing, and boosting awareness across the health sector and community about the benefits of nature for wellbeing.

    “With the right support, everyone – including older adults and people with disability – can access the outdoors and its health benefits.”

    …………………………………………………………………………………………………………………………

    Contact for interview:
     Jessica Stanhope, the University of Adelaide. E: jessica.stanhope@adelaide.edu.au
    Media contacts: Annabel Mansfield, UniSA M: +61 479 182 489 E: Annabel.Mansfield@unisa.edu.au
    Rhiannon Koch, the University of Adelaide. M: +61 481 619 997. E: rhiannon.koch@adelaide.edu.au

    MIL OSI News –

  • MIL-OSI Asia-Pac: Red flag lowered at Silver Mine Bay Beach

    Source: Hong Kong Government special administrative region

    Attention TV/radio announcers:

    Please broadcast the following as soon as possible and repeat it at regular intervals:

         Here is an item of interest to swimmers.

         The Leisure and Cultural Services Department announced today (July 16) that, since the water of Silver Mine Bay Beach in Islands District is now suitable for swimming, the red flag has been lowered.

         The red flag was hoisted at the beach earlier after a red tide was found.
     

    MIL OSI Asia Pacific News –

  • MIL-Evening Report: Bougainville election: More than 400 candidates vie for parliament

    By Don Wiseman, RNZ Pacific senior journalist

    More than 400 candidates have put their hands up to contest the Bougainville general election in September, hoping to enter Parliament.

    Incumbent President Ishmael Toroama is among the 404 people lining up to win a seat.

    Bougainville is involved in the process of achieving independence from Papua New Guinea — an issue expected to dominate campaigning, which lasts until the beginning of September.

    Voting is scheduled to start on September 2, finishing a week later, depending on the weather.

    Seven candidates — all men — are contesting the Bougainville presidency. This number is down from when 25 people stood, including two women.

    Toroama is seeking a second term and is being challenged by his former colleague in the leadership of the Bougainville Revolutionary Army (BRA), Sam Kauona.

    Kauona is one of several contesting a second time, along with Thomas Raivet and a former holder of the Bougainville Regional Seat in the PNG Parliament, Joe Lera.

    There are 46 seats to be decided, including six new constituencies.

    Two seats will have 21 candidates: the northern seat of Peit and the Ex-Combatants constituency.

    Several other constituencies — Haku, Tsitalato, Taonita Tinputz, Taonita Teop, Rau, and Kokoda — also have high numbers of candidates.

    This article is republished under a community partnership agreement with RNZ.

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI China: Economic growth momentum expected to continue

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

    People select goods at a Decathlon store on Nanbin Road, Nan’an District, southwest China’s Chongqing, April 19, 2025. [Photo/Xinhua]

    The Chinese economy expanded 5.3 percent year-on-year in the first half of 2025, official data showed on Tuesday, defying mounting global headwinds and providing a solid footing for achieving the full-year growth target of around 5 percent.

    Analysts said they expect the economic growth momentum to continue in the second half of the year, given the government’s ample policy room and tools, the steady recovery in domestic demand, and the resilience in exports.

    Looking ahead, they said that China’s top leadership may sharpen its focus on maintaining economic stability and restoring market confidence, with strong fiscal stimulus and further monetary easing to stimulate domestic demand and cushion against external headwinds.

    Data from the National Bureau of Statistics showed that China’s GDP increased 5.2 percent year-on-year in the second quarter of this year, cooling from a 5.4 percent growth in the first quarter.

    “The Chinese economy posted a solid first half, supported by resilient exports,” said Louise Loo, lead economist at British think tank Oxford Economics. “Sequential GDP growth moderated in the second quarter, but still allowed first-half growth to reach 5.3 percent — comfortably above the official 5 percent full-year target.”

    China’s value-added industrial output grew 6.8 percent year-on-year in June, after a 5.8 percent rise in May, while retail sales — a key measurement of consumer spending — rose 4.8 percent year-on-year in June, down from 6.4 percent in May.

    Loo said that retail sales growth slowed in June, reflecting weak organic spending momentum following the temporary boost from the “618” shopping festival.

    Loo said that fiscal policy is expected to take the lead in supporting growth, as June’s robust government bond issuance suggests stimulus is being ramped up. “We anticipate this will include renewed funding for the trade-in program, given its more immediate impact on demand,” she added.

    According to NBS data, final consumption accounted for 52 percent of China’s economic growth in the first half of the year. In the second quarter, final consumption contributed 52.3 percent to economic growth, slightly higher than the figure in the first quarter.

    “These figures indicate that domestic demand — particularly consumption — remains the primary driver of GDP growth,” Sheng Laiyun, deputy head of the NBS, said on Tuesday at a news conference in Beijing.

    NBS data shows retail sales rose 5 percent year-on-year in the first half of 2025, up from 4.6 percent in the first quarter.

    “The upward momentum seen in consumption in the first half will likely carry into the second half,” Sheng said, noting that new rounds of consumption-boosting stimulus measures, including subsidies, are already being rolled out.

    “Authorities are accelerating the rollout of policies for the second half of the year. China’s policy toolbox remains ample and it is strengthening policy reserves, with new measures to be introduced as needed in response to market changes,” he said.

    Given China’s robust first-half performance, Ming Ming, chief economist at CITIC Securities, said the second-half policy efforts are likely to focus on innovating policy tools.

    “Efforts will likely target key areas in the economy, including supporting property destocking, further developing the service sector and boosting consumption,” he said on Tuesday at a forum hosted by China News Service in Beijing.

    Wang Qing, chief macroeconomic analyst at Golden Credit Rating International, said that China will likely step up “unconventional” countercyclical adjustments in the second half to cushion external pressures.

    MIL OSI China News –

  • India reiterates call for accountability for crimes against UN peacekeepers

    Source: Government of India

    Source: Government of India (4)

    India on Tuesday co-chaired a high-level meeting at the United Nations Headquarters in New York, reaffirming its push for justice for peacekeepers facing violence in conflict zones.

    Addressing the meeting of the Group of Friends for Accountability for Crimes Against Peacekeepers, Parvathaneni Harish, India’s Permanent Representative to the UN, underlined the need for stronger protection mechanisms and swift action against perpetrators targeting UN personnel.

    “Glad to be part of the Group of Friends for Accountability of Crimes against Peacekeepers that met today to take forward the landmark Security Council Resolution 2589 (2021) that was championed by India. We remain committed to the pursuit of justice for peacekeepers,” Harish said in a post on X.

    Harish stressed that UN peacekeepers continue to work in dangerous environments, yet crimes against them often go unpunished. “This lack of accountability severely undermines international peace efforts by giving assailants more confidence,” he said.

    Calling accountability a “strategic necessity”, Harish said, “Ensuring responsibility for crimes against UN personnel is essential to the integrity and effectiveness of international peacekeeping efforts. Justice directly improves peacekeepers’ safety, allowing them to carry out their missions. It is our collective duty to uphold this commitment.”

    The Group of Friends for Accountability for Crimes Against Peacekeepers was launched in December 2022 during India’s presidency of the UN Security Council, building on Resolution 2589. According to UN data, more than 1,000 peacekeepers have been killed in hostile acts since 1948.

    At the meeting, member states reiterated the need to tackle impunity for attacks on peacekeepers, stressing that accountability underpins the credibility and future of UN peace operations worldwide.

    India, one of the largest troop-contributing countries to UN missions, has deployed over 300,000 peacekeepers in the last seven decades. So far, 182 Indian peacekeepers have lost their lives while serving under the UN flag.

    IANS

  • Flag football to make primetime Olympic debut at LA28

    Source: Government of India

    Source: Government of India (4)

    Flag football will take center stage during the 2028 Los Angeles Olympics, after organizers confirmed the sport’s medal matches will be held in primetime slots in its first-ever Olympic appearance.

    The International Federation of American Football (IFAF), in partnership with the National Football League (NFL), announced on Monday that the men’s and women’s medal games are scheduled for Friday evening, July 21, and Saturday afternoon, July 22, at BMO Stadium near downtown Los Angeles.

    The announcement comes as senior IFAF and NFL delegations visit Los Angeles for the first official meetings with Games organizers, marking exactly three years to the day before the LA28 Opening Ceremony.

    “Flag football will definitely be a hot ticket at the Games,” IFAF President Pierre Trochet told Reuters on Monday.

    “We’re going to be at a great stadium right in the heart of the city and we’re going to have fantastic players on the field with NFL players available.”

    Flag football is a non-contact variation of American football in which players wear flags attached to their waists. Instead of tackling, defensive players must remove a flag from the ball carrier to end a play. The sport is played on a smaller field with fewer players per side.

    The inclusion of flag football in LA28 follows a vote by NFL owners allowing NFL players to participate in the Olympic competition.

    Trochet said the primetime scheduling was a clear statement of a shared ambition to ensure flag football contributes a “defining element” of LA28’s success.

    Organizers hope to capture the excitement of “Friday Night Lights,” a cherished American tradition, and generate iconic moments for the sport’s Olympic launch.

    “We could not dream of a better setup to start our debut in the Olympic movement and Olympic journey,” he said.

    The IFAF delegation, including managing director Andy Fuller and senior NFL executives, is set to tour Exposition Park and other venues over a three-day visit.

    The group will also meet with key LA28 organizing committee members and attend the launch of a new NFL flag football brand campaign, which features Olympic gymnastics champion Jordan Chiles and flag football athletes from Australia and the U.S.

    (Reuters)

  • MIL-OSI Asia-Pac: LCQ18: Employment support services

    Source: Hong Kong Government special administrative region

         Following is a question by Dr the Hon Ngan Man-yu and a written reply by the Secretary for Labour and Welfare, Mr Chris Sun, in the Legislative Council today (July 16):
     
    Question:
     
         The Employment Information and Promotion Programme Office (EIPPO) of the Labour Department (LD) is responsible for promoting employment services, assisting job-seekers in finding jobs through the provision of employment information, and helping employers recruit suitable staff. In this connection, will the Government inform this Council:

    (1) of the details of EIPPO’s existing staffing establishment (including the number of posts, rank distribution and the ratio of full-time to contract staff); between 2022 and 2024, (i) the operating expenses of EIPPO, (ii) the number of job fairs organised, and (iii) the number of job vacancies processed, together with a breakdown by year and industry type (e.g. retail, construction and service);

    (2) of the number of successful placements referred by the EIPPO (“successful job matching”) between 2022 and 2024 and its percentage in the total number of job vacancies processed by the EIPPO, together with a breakdown by the age, sex, academic qualification and group (e.g. ethnic minorities or persons with disabilities) of job seekers, and the industry of the placement; whether it has laid down clear definitions and criteria for successful job matching (e.g. staying in employment for three months or more);

    (3) whether the LD has formulated performance indicators for the EIPPO’s work, such as participation rates at job fairs, vacancy filling rates or job seeker satisfaction levels; if so, of the details (including the key indicators and their attainment between 2022 and 2024); if not, the reasons for that;

    (4) whether it has plans to comprehensively review the effectiveness of the EIPPO’s services, so as to enhance the employment support measures for vulnerable workers (including low-skilled workers, women, ethnic minorities and middle-aged persons); if so, of the details (including the timetable, scope and objectives of the review); if not, the reasons for that, and whether it will conduct the relevant review;

    (5) whether it will consider strengthening co-operation with enterprises, social organisations and non-governmental organisations to establish an “employment support platform for vulnerable workers”, and encouraging enterprises to provide internships and long-term employment opportunities suitable for vulnerable workers; if so, of the details (including the content of the plan, the implementation timetable, the measures to provide subsidies or incentives to enterprises, as well as the expected effectiveness); if not, the reasons for that, and whether there are other alternative measures; and

    (6) whether it will, by drawing reference from LD’s practice of setting up industry-specific job centres (e.g. the Recruitment Centre for the Catering Industry, the Recruitment Centre for the Retail Industry and the Construction Industry Recruitment Centre), convert job centres in some districts into one-stop employment support centres specifically targeting women, the elderly and ethnic minorities, with a view to enhancing the effectiveness of such centres?

    Reply:

    President,

         The Labour Department (LD) provides diversified and free employment services to job-seekers to encourage and assist them in entering the labour market. The Employment Information and Promotion Programme Office (EIPPO) under the Employment Information and Promotion Division of the LD is responsible for holding large-scale job fairs and organising publicity projects to promote the LD’s employment services and related information. The EIPPO also actively liaises with employers to canvass job vacancies from different industries with a view to assisting employers in recruiting employees and expediting the dissemination of employment information.

         The reply to the Member’s question is as follows:

    (1) The breakdown of the EIPPO’s staff establishment by grade from 2022-23 to 2024-25 is at Annex 1. The EIPPO’s annual operational expenses (excluding staff cost) during the same period was $5.02 million, $9.07 million and $8.94 million respectively. Due to the COVID-19 pandemic, some activities could not be organised in 2022, resulting in lower operational expenses for the year.

         From 2022 to 2024, the EIPPO organised 13, 17 and 18 large-scale job fairs each year, offering 23 594, 36 870 and 32 900 job vacancies respectively for job-seekers to submit job applications to employers on the spot. Due to the COVID-19 pandemic, the number of large-scale job fairs organised and job vacancies recorded in 2022 were lower. A breakdown of the relevant job vacancies by industry is at Annex 2. 

    (2) The LD organises large-scale job fairs to provide a convenient platform for employers and job seekers to meet face-to-face. In addition to applying for jobs and attending interviews on the spot, job seekers can learn directly from employers about trade development, company culture, job requirements, etc. At the same time, they can make use of the LD’s consultation services during job fairs and obtain information on various employment programmes.

         From 2022 to 2024, about 6 600, 26 500 and 32 600 job seekers attended the large-scale job fairs organised by the EIPPO each year. Due to the COVID-19 pandemic, the number of job seekers visiting the large-scale job fairs was lower in 2022. Based on the questionnaire responses collected by the LD from employers after the job fairs, from 2022 to 2024, approximately 1 300, 1 900 and 2 000 job seekers were respectively employed within one month after the job fairs each year. The LD does not maintain breakdowns of the job fair visitors or individuals employed after the job fairs.

    (3) and (4) The LD from time to time organises large-scale job fairs across the territory and stages district-based thematic job fairs at its job centres, including inclusive job fairs for ethnic minorities, and part-time or thematic job fairs targeting elderly and middle-aged job seekers (including women).

         Overall, employers, job seekers and relevant stakeholders have strong demand for job fairs. Participating employers and job seekers respond very favourably to the events. As the number of job vacancies, success rate of recruitment, etc., may be affected by factors such as the economy, labour market situation and personal circumstances of job seekers, it is inappropriate to set Key Performance Indicators for the EIPPO or the large-scale job fairs it organises.

         The LD will continue to closely monitor changes in the economy and employment market, conduct timely review on the effectiveness of various employment services, and implement appropriate enhancement measures. 

    (5) and (6) The LD’s ten job centres provide integrated employment services to job seekers. Apart from job referral service, job seekers can also use the facilities of the job centres, including vacancy search terminals, computers with word processing function for preparing resume, employment information corners, etc. Employment officers of the centres may also meet with job seekers to provide them with personalised employment advisory service, and based on their needs and preferences, recommend them to join suitable employment programmes or to enroll in training/retraining courses so as to enhance their employability and employment opportunities. All job centres also provide dedicated services for elderly and middle-aged persons (including women), and ethnic minorities, such as priority employment services for those aged 50 or above, and arrangement of interpretation services for ethnic minority job seekers. 

         Additionally, the LD implements various employment programmes including Youth Employment and Training Programme, Re-employment Allowance Pilot Scheme, Employment Programme for the Elderly and Middle-aged and Racial Diversity Employment Programme to support and facilitate the employment of young people, elderly and middle-aged persons (including women) as well as ethnic minorities. The LD collaborates with relevant groups, including engaging non-governmental organisations to provide employment support to participants, etc., to jointly implement employment programmes.

         Apart from offering integrated employment services, job centres also collaborate with relevant groups in implementing employment programmes. Proven to be effective, this modus operandi can comprehensively and flexibly meet the needs of different groups of job seekers (including women, older persons and ethnic minorities, etc.). As such, the LD currently has no plan to set up other employment support platform, or new employment support centres for specific groups of job seekers. 

    MIL OSI Asia Pacific News –

  • MIL-OSI Australia: Fatal Crash – Delamere

    Source: Northern Territory Police and Fire Services

    The Northern Territory Police Force are currently investigating a fatal crash that occurred near Katherine early this morning.

    Around 6:30am, the Joint Emergency Services Communication Centre received reports of a two vehicle collision on the Victoria Highway, approximately 70km from Katherine. One vehicle was carrying four occupants, aged 63, 63, 70 and 76, while the second vehicle was carrying a single occupant, aged 25.

    St John Ambulance, Police and the NT Fire and Rescue Service attended the scene.

    A 76-year-old man was declared deceased at the scene. A 70-year-old woman, a 63-year-old woman and a 63-year-old man were conveyed to Katherine Hospital in critical condition.

    The 25-year-old man was also conveyed to Katherine Hospital in a stable condition.

    The Major Crash Investigation Unit are investigating and the Victoria Highway, between Delamere and the Vince Connolly Crossing, remains closed.

    Police advise motorists to avoid the area as delays are expected to remain for the remainder of the day.

    Police urge anyone with information to make contact on 131 444.

    The lives lost on Territory roads now stands at 23.

    MIL OSI News –

  • MIL-OSI Australia: Well done to Course 81

    Source: New South Wales – News

    Today’s 25 graduates from the South Australia Police (SAPOL) Academy all bring something unique to the table, from experience in competitive boxing, and retail management to truck logistics and swim coaching.

    Course 81 members include 13 men and 12 women, who range in age from 19 to 46.

    The new police officers bring diverse skills from a variety of employment backgrounds, including in security, education, hospitality, retail, corrections, the Navy, pharmaceutical and disability sectors, and as a flight attendant, truck driver, gymnastics coach, Department for Child Protection worker and Police Security Officer.

    Some have journeyed from overseas and interstate, including from Switzerland, India, Sydney, Victoria and Tasmania.

    Probationary Constable Bagus has an Indonesian/Australian background and lived in Bali for five years before moving to Adelaide in 2017.

    Prior to joining SAPOL, he worked as a barista and competed in amateur boxing.

    “Competing in boxing helped me to have better situational awareness. In boxing matches, I constantly had to read the opponent’s body language and stay alert,” Bagus said.

    “This translates well to policing, especially for dynamic or unpredictable situations. Competing in boxing also gave me the ability to stay calm and keep composure in high-stress situations.”

    Fellow graduate, and single mother Sarah previously worked in retail, aquaculture, hospitality and truck logistics, and was most recently a lead cook at her local country hospital/aged care facility.

    “I am a single mother to one, and love country life, 4×4 driving, opal mining, bush hiking, but most of all spending quality time with my son riding horses, playing backyard cricket and football,” she said.

    “Being a single parent has taught me to be resilient, adaptable, understanding, patient, kind, forgiving and assertive – all qualities that a police officer requires.”

    Similarly, Lauren has developed impressive time management skills to reach graduation day while also being a mother.

    “Prior to joining SAPOL, I lived for two years in North Carolina, United States, where I was a waterfront director and lifeguard, and then I moved to Finland for a year before coming back to Australia to have my daughter,” she said.

    “Before becoming a police officer, I was a mum to my one-year-old and worked causally in retail and swim coaching.”

    Bradley worked in retail for 7.5 years, managing teams in different departments while also playing cricket, football, golf, and the guitar.

    “I felt like working in a team environment helped me throughout the academy, through interactions with course mates,” he said.

    “The customer-service aspect will be important for how I interact when on the road and dealing with various types of people.”

    Eventually, Bagus would like to work in SAPOL’s Security Response Section (SRS) and later Special Tasks and Rescue (STAR), while Sarah hopes her career will lead to theDog Operations Unit. Lauren has her sights set on working in the Major Crime Investigations Branch or Child and Family Violence Investigation Section, while Bradley aims to work anywhere in Forensic Services.

    All four graduates encouraged anyone interested in a SAPOL career to “take the leap” and prepare early for what is expected.

    Course 81 members will be stationed to metropolitan and regional postings, including Port Augusta, Port Pirie, Mount Gambier, Port Lincoln, Whyalla, and Berri.

    SAPOL is currently recruiting and is keen to hear from people interested in an inspiring career with unmatched experiences and rewards.

    If you’re looking for job security, career progression pathways and a chance to make a real difference in local communities visit Achievemore – Join Us (police.sa.gov.au)

    Sarah, Lauren, Bagus, and Bradley are among 25 new police officers to graduate today from the South Australia Police Academy.

    MIL OSI News –

  • MIL-OSI USA: Rep. Gabe Vasquez Votes to Pass National Defense Bill, Delivering Military Strength and Wins on NM Priorities

    Source: US Representative Gabe Vasquez’s (NM-02)

    WASHINGTON, D.C. – On July 15, 2025, U.S. Representative Gabe Vasquez (NM-02) – a member of the House Armed Services Committee (HASC) – voted in favor of the bipartisan Fiscal Year 2026 National Defense Authorization Act (NDAA).  

    “It is vital that we ensure America’s armed forces have the training, equipment, and resources they need to carry out their missions,” said Vasquez. “This bipartisan bill includes my legislation to improve health care for our rural veterans, give our troops a pay raise, recognize New Mexico’s Downwinders, and add many additional provisions that support service members and their families across our state.”

    The Fiscal Year 2026 NDAA includes $882.6 billion in defense spending, national security investments, and support for our military. This includes funding for research and development, a 3.8% pay increase for our troops, and investments to support service members and their families. The bill passed out of Committee by a vote of 55-2 and will now head to the House floor for consideration. 

    Included in the NDAA are Vasquez’s TRICARE Travel Improvement Act and Downwinder Commemoration Act, which ensure New Mexicans’ needs are met and interests are reflected through the nation’s defense investments. 

    • The TRICARE Travel Improvement Act helps military families serving in remote areas access health care by reducing the travel reimbursement threshold under TRICARE Prime from 100 miles to 50 miles for active-duty service members and their families. Currently, families stationed at White Sands Missile Range and Holloman Air Force Base who travel nearly 100 miles to El Paso for medical care are denied reimbursement due to being just under the threshold. This bill is a step toward fairness and affordability for New Mexico’s military families.
    • The Downwinder Commemoration Act recognizes the harm endured by New Mexico’s Downwinders following the 1945 Trinity Test — the first nuclear detonation in U.S. history. It directs the Departments of Defense and Interior to place commemorative monuments in publicly accessible areas at White Sands Missile Range and Holloman Air Force Base. Despite their exposure to radioactive fallout, Downwinder families were excluded from the Radiation Exposure Compensation Act (RECA) until Rep. Vasquez’s successful push to reauthorize and expand RECA to include New Mexico’s Downwinders. This bill helps deliver long-overdue recognition by permanently commemorating their suffering while preserving their legacy for future generations. 

    In addition to these two measures, Rep. Vasquez secured the following priorities in NDAA:

    Infrastructure & Safety:

    • White Sands Missile Range (WSMR) Power Grid: $38.5 million for power generation and a microgrid at WSMR under the Energy Resiliency and Conservation Investment Program (ERCIP)
    • Kirtland Air Force Base Space HQ: $83 million for Space Rapid Capabilities Office Headquarters construction at Kirtland Air Force Base
    • Holloman Air Force Base Test Track: Report language highlighting the importance of Holloman’s High Speed Test Track and requiring a report on the timeline for constructing a new parallel track
    • Cannon Air Force Base Dorms: $90 million for dorms at Cannon Air Force Base
    • PFAS Cleanup: Language protecting mandated annual reports on DOD PFAS contamination and cleanup efforts, to ensure states like New Mexico have continued visibility into PFAS contamination
    • PFAS Technology: Report language requiring DOD to partner with universities like NMSU to develop cutting edge technology to detect and cleanup PFAS contaminants

    Unexploded Ordinance:

    • Native American Lands Environmental Mitigation Program: Report language holding DOD accountable for cleaning up unexploded ordinance (UXO) on Tribal lands like the Pueblo of Isleta

    Rural Issues:

    • Rural Housing: Report language requiring DOD to partner with local housing authorities in rural areas to address shortages of housing around remote and isolated installations like WSMR and Holloman Air Force Base
    • Specialty Healthcare at Rural Bases: Report language highlighting the challenges service members and families face at rural installations when accessing specialty healthcare and requiring a report on ways the Department can improve specialty provider accessibility
    • Holloman Air Force Base Childcare: Report language encouraging DOD to expand the in-home childcare pilot program to four rural installations, including Holloman Air Force Base

    National Labs/DOE:

    • Los Alamos: $1.55 billion for plutonium operations, including ensuring the capacity to produce 30 plutonium pits annually

    Other Bill Highlights:

    • Pay Raise: 3.8% pay raise for all service members
    • Housing: $1.5 billion for new construction of dorms, barracks, housing, and child development centers
    • Ukraine: $300 million for Ukraine Security Assistance Initiative
    • Environment: $460 million for environmental cleanup and $684 for the Energy Resilience and Conservation Investment Program

    “As this critical legislation continues to make its way through the House, I will keep working to improve it,” Vasquez added. “To maintain U.S. military superiority, we cannot afford to politicize our policies for recruiting, developing, and retaining the best and brightest.”

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Cortez Masto, Colleagues Press Administration on Conflicting Orders Fueling Uncertainty for Afghans Living in U.S.

    US Senate News:

    Source: United States Senator for Nevada Cortez Masto

    Washington, D.C. – U.S. Senator Catherine Cortez Masto (D-Nev.) joined Senator Chris Van Hollen (D-Md.), Congressman Glenn Ivey (D-Md.-04) and 73 of their colleagues in pressing U.S. Secretary of State Marco Rubio for answers on the Trump Administration’s inconsistent policies regarding the legal status of Afghan refugees living in the U.S. – many of whom played important roles in supporting American service members during the war in Afghanistan over two decades. 

    In the letter, the lawmakers point out that the justifications for the decisions to implement a large-scale travel ban, which applies to Afghanistan, and terminate Temporary Protected Status conflict with one another. The lawmakers ask Secretary Rubio how the State Department arrived at these determinations and whether it can guarantee that Afghans who may be forced to leave the U.S. will not face danger upon their return to their home country – should the termination of Afghanistan’s TPS designation be upheld.

    The lawmakers quoted the determination that Secretary Rubio made upon consultation over the decision to include Afghanistan in the Administration’s travel ban proclamation, writing, “Specifically, the proclamation bans most entry into the United States from Afghanistan, stating the following as justification: ‘The Taliban, a Specially Designated Global Terrorist (SDGT) group, controls Afghanistan. Afghanistan lacks a competent or cooperative central authority for issuing passports or civil documents and it does not have appropriate screening and vetting measures.’”

    The lawmakers’ concerns over the safety of Afghan nationals who may be forced to leave the U.S. stem from a recent State Department human rights report covering Afghanistan finding that the Taliban has increased restrictions on freedom of expression and significantly eroded women’s rights. Additionally, Afghanistan remains gripped by violence and instability; the Islamic State Khorasan Province (ISKP), the Afghan affiliate of the Islamic State (ISIS), continues to launch attacks against ethnic and religious minorities and against the Taliban, leading to innocent civilian casualties.

    “As you are aware, many Afghan allies that received TPS stood shoulder to shoulder with American servicemembers for nearly two decades during the war in Afghanistan. Many fled to the United States out of fear of persecution by the Taliban or retaliation for such cooperation with the United States. It is unsafe for political targets of the Taliban to be forced to return against their will. TPS protections must be maintained for Afghan nationals in the United States,” the lawmakers concluded.

    Read the full letter here.

    The first and only Latina senator, Senator Cortez Masto has consistently supported immigrant communities in Nevada, calling on both administrations to protect TPS holders and other immigrants, as well as leading commonsense legislation to fix our broken immigration system. Last month, the Senator helped introduce the SECURE Act to provide qualified TPS and DED recipients a path to legal permanent residency. She has worked to pass meaningful immigration reform that balances critical border security measures with a path to citizenship for Dreamers, TPS holders, and essential workers.

    MIL OSI USA News –

  • Trump sets 19% tariff on Indonesia goods in latest deal, EU readies retaliation

    Source: Government of India

    Source: Government of India (4)

    President Donald Trump on Tuesday said the U.S. would impose a 19% tariff on goods from Indonesia under a new agreement with the Southeast Asian country and more deals were coming, while offering fresh details on planned duties on pharmaceuticals.

    Trump announced the pact with Indonesia, a relatively minor U.S. trading partner, as he continued to press for what he views as better terms with trading partners and ways to shrink a huge U.S. trade deficit. Letters setting tariff rates for dozens of smaller countries were also coming soon, he said on Tuesday.

    The deal with Indonesia is among the handful struck so far by the Trump administration ahead of an August 1 deadline when duties on most U.S. imports are due to rise again. The accord came as the top U.S. trading partner – the European Union – readied retaliatory measures should talks with Washington fail.

    As that deadline approached, negotiations were under way with other nations eager to avoid more U.S. levies beyond a baseline 10% on most goods that has been in place since April.

    Trump’s roll-out of the policies has often been chaotic. His moves have upended decades of negotiated reductions in global trade barriers, unsettling international financial markets and threatening a new wave of inflation.

    Based on Trump tariff announcements through Sunday, Yale Budget Lab estimated the U.S. effective average tariff rates will rise to 20.6% from between 2% and 3% before Trump’s return to the White House in January. Consumption shifts would bring the rate down to 19.7%, but it’s still the highest since 1933.

    Trump outlined an Indonesia deal similar to a preliminary pact struck recently with Vietnam, with a flat tariff on exports to the U.S. roughly double the current 10% and no levies on U.S. exports going there. It also included a penalty rate for so-called transhipments of goods from China via Indonesia and a commitment to buy some U.S. goods.

    “They are going to pay 19% and we are going to pay nothing … we will have full access into Indonesia, and we have a couple of those deals that are going to be announced,” Trump said outside the Oval Office. Trump later said on his Truth Social platform that Indonesia had agreed to buy $15 billion of U.S. energy products, $4.5 billion of American farm products and 50 Boeing BA.N jets, though no time frame was specified.

    He told reporters the deal with Vietnam was “pretty well set” but said it was not necessary to release details.

    TRUMP: INDIA TALKS MOVING SAME WAY

    Indonesia’s total trade with the U.S. – totalling just under $40 billion in 2024 – does not rank in the top 15, but it has been growing. U.S. exports to Indonesia rose 3.7% last year, while imports from there were up 4.8%, leaving the U.S. with a goods trade deficit of nearly $18 billion.

    The top U.S. import categories from Indonesia, according to U.S. Census Bureau data from the International Trade Centre’s TradeMap tool, last year were palm oil, electronics equipment including data routers and switches, footwear, car tires, natural rubber and frozen shrimp.

    Susiwijono Moegiarso, a senior official with Indonesia’s Coordinating Ministry for Economic Affairs, told Reuters in a text message: “We are preparing a joint statement between U.S. and Indonesia that will explain the size of reciprocal tariff for Indonesia including the tariff deal, non-tariff and commercial arrangements. We will inform (the public) soon.”

    Trump had threatened the country with a 32% tariff rate starting August 1 in a letter sent to its president last week. He sent similar letters to about two dozen trading partners this month, including Canada, Japan and Brazil, laying out tariff rates ranging from 20% to 50%, plus a 50% tariff on copper.

    Speaking in Pittsburgh on Tuesday, Trump said he favored blanket tariffs over complicated negotiations, but his Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick were keen to land more trade agreements.

    Upon his arrival back in Washington, Trump told reporters that letters would be going out soon for many smaller countries, suggesting they would face a tariff of “a little over 10%.”

    He said his administration would also announce tariffs on pharmaceuticals imported into the United States, probably at the end of the month, starting with what he called a low tariff rate to give companies time to move manufacturing to the U.S. before imposing a “very high tariff” in a year or so.

    The August 1 deadline gives targeted countries time to negotiate about lower tariff rates. Some economists have also noted Trump’s pattern of backing off his tariff threats.

    Since launching his tariff policy, Trump has clinched only a few “framework” agreements, falling short of earlier promises to land “90 deals in 90 days.”

    So far, such deals have been reached with the United Kingdom and Vietnam, and an interim deal has been struck with China to forestall the steepest of Trump’s tariffs while negotiations continue between Washington and Beijing.

    Trump said talks with India were moving “along that same line,” saying the agreement would give U.S. firms access to the large Indian market.

    EU READIES RETALIATION

    The breakthrough with Indonesia came as the European Commission, which oversees trade for the EU, prepared to target 72 billion euros ($84.1 billion) worth of U.S. goods – from Boeing BA.N aircraft and bourbon whiskey to cars – for possible tariffs if trade talks with Washington fail.

    Trump has threatened a 30% tariff on imports from the EU from August 1, a level European officials say is unacceptable and would end normal trade between two of the world’s largest markets.

    The list, sent to EU member states and seen by Reuters on Tuesday, pre-dated Trump’s move over the weekend to ramp up pressure on the 27-nation bloc and responded instead to U.S. duties on cars and car parts and a 10% baseline tariff.

    The package also covers chemicals, medical devices, electrical and precision equipment as well as agriculture and food products – a range of fruits and vegetables, along with wine, beer and spirits – valued at 6.35 billion euros.

    (Reuters)

  • India offers help to restore Satyajit Ray’s ancestral home in Bangladesh

    Source: Government of India

    Source: Government of India (4)

    The Indian government has expressed regret over the reported demolition of the ancestral house of iconic filmmaker and writer Satyajit Ray in Mymensingh, Bangladesh, and has offered its support for its restoration.

    In a statement issued on Tuesday, the Ministry of External Affairs (MEA) said, “We note with profound regret that the ancestral property of noted filmmaker and litterateur Satyajit Ray in Mymensingh, Bangladesh, belonging to his grandfather and eminent litterateur, Upendra Kishor Ray Chowdhury, is being demolished.”

    The ministry confirmed India’s willingness to work with Bangladesh to repair and reconstruct the site, which is presently owned by the Bangladesh government and reportedly in a state of disrepair.

    Highlighting its cultural significance, India urged Bangladesh to reconsider any plans to demolish the building. “Given the building’s landmark status, symbolising the Bangla cultural renaissance, it would be preferable to reconsider the demolition and examine options for its repair and reconstruction as a museum of literature and a symbol of the shared culture of India and Bangladesh,” the MEA added.

    Satyajit Ray, born in Kolkata on May 2, 1921, is regarded as one of India’s most influential filmmakers. His acclaimed works include The Apu Trilogy, Pather Panchali, Jalsaghar, Charulata, Goopy Gyne Bagha Byne, and Shatranj Ke Khiladi. Ray was also an accomplished screenwriter, essayist, illustrator, magazine editor, and composer.

    Throughout his illustrious career, he received numerous accolades, including 32 Indian National Film Awards, international honours at major film festivals, and an Academy Honorary Award in 1992. That same year, he was awarded India’s highest civilian honour, the Bharat Ratna.

    (ANI)

  • ‘Severance,’ ‘The Penguin’ lead nominations for TV’s Emmy awards

    Source: Government of India

    Source: Government of India (4)

    Psychological thriller “Severance” from Apple TV+ and HBO’s crime drama “The Penguin” stacked up the most nominations for Emmy Awards on Tuesday, outpacing “The Studio” and “The White Lotus” in the contest for television’s highest honors.

    “Severance” received a leading 27 nominations and was nominated for the top prize of best drama alongside Star Wars series “Andor,” “The Pitt,” “The White Lotus” and others.

    “The Penguin,” set in the DC Comics universe and starring Colin Farrell, earned 24 nominations and will compete for best limited series against Netflix NFLX.O hit “Adolescence,” among others.

    Hollywood satire “The Studio,” an Apple TV+ show featuring Seth Rogen as a nervous film executive, and HBO’s “The White Lotus,” about murder and misdeeds at a luxury resort in Thailand, received 23 each.

    “What the heck?!! We never thought this would happen,” Rogen said in a statement.

    Comedy nominees included defending champion “Hacks,” previous winner “The Bear,” “Nobody Wants This” and “Abbott Elementary.”

    The 23 nominations for “The Studio” tied the record for a comedy in a single season, set last year by Chicago restaurant tale “The Bear.”

    Winners of the Emmys will be announced at a red-carpet ceremony held in Los Angeles and broadcast live on CBS PARA.O on September 14. Comedian Nate Bargatze will host.

    The television industry is undergoing a contraction as media companies curtail the sky-high spending they shelled out to compete in the shift to streaming platforms led by Netflix.

    Longtime Emmy favorite HBO and the HBO Max streaming service topped all programmers with 142 nominations, a record for the network.

    Walt Disney DIS.N collected 137 nominations, including six for ABC’s “Abbott Elementary,” one of the few broadcast shows in the Emmy mix. “Andor,” on Disney+, received 14.

    Netflix garnered 120 nods and Apple scored 81, its highest total since launching its streaming service in 2019.

    “Severance” tells the story of office workers who undergo a procedure to make them forget their home life at work, and vice versa.

    “It’s distinctive in every way – in terms of its storytelling, in terms of style, in terms of its directing, its tone,” said Matt Cherniss, head of programming at Apple TV+.

    Star Adam Scott, a best actor nominee, said the cast had been unsure of how viewers would respond.

    “The fact that it’s resonated at all has been just such an incredible feeling,” Scott said. “We thought it was something that might be too weird.”

    WYLE, FORD IN THE RUNNING

    Noah Wyle received his first Emmy nomination since 1999 for his role as an emergency room doctor on “The Pitt.” Wyle was nominated five times for “ER” but never won.

    “I’m humbled and grateful,” Wyle said of the recognition for “The Pitt,” which received 13 total nominations.

    Harrison Ford, 83, earned his first Emmy nod, for playing a grumpy therapist on “Shrinking.”

    Ron Howard, the former “Happy Days” star turned Oscar-winning director, also landed his first acting nomination, a guest actor nod for playing himself on “The Studio.”

    “Who says nice guys finish last?!” Howard wrote on Instagram.

    He will compete with fellow director Martin Scorsese, another guest star on “The Studio.”

    Other notable acting nominees included Farrell and Cristin Milioti for “The Penguin,” “The Bear” actors Jeremy Allen White and Ayo Edebiri, Kathy Bates for “Matlock,” “Hacks” stars Jean Smart and Hannah Einbinder, and Pedro Pascal and Bella Ramsey for “The Last of Us.”

    Eight “White Lotus” actors were recognized.

    “This is a bunch of cherries on the icing on the cake that was the gift of playing such a tortured and lonely human,” said Jason Isaacs, who portrayed a suicidal father facing financial ruin on the show.

    Beyonce also made the Emmys list. Her halftime performance during a National Football League game on Netflix was nominated for best live variety special.

    Missing from the field was Netflix’s popular Korean drama, “Squid Game,” while the final season of previous drama winner “The Handmaid’s Tale” received just one nod.

    Winners will be chosen by the roughly 26,000 performers, directors, producers and other members of the Television Academy.

    (Reuters)

  • US opens probe into University of Michigan’s foreign funding

    Source: Government of India

    Source: Government of India (4)

    The U.S. Education Department said on Tuesday it opened a foreign funding investigation into the University of Michigan while alleging it found “inaccurate and incomplete disclosures” in a review of the university’s foreign reports.

    As part of the investigation, the department asked the university to share, within 30 days, tax records related to foreign funding, a list of foreign gifts, grants, and contracts with any foreign source, and other documents, the department said in a statement and in a letter to the university.

    The University of Michigan will cooperate fully with federal investigators and it takes its responsibility to comply with the law seriously, it said in a statement.

    “We strongly condemn any actions that seek to cause harm, threaten national security or undermine the university’s critical public mission,” the statement said.

    The Education Department said the university’s research laboratories were “vulnerable to sabotage,” citing charges brought by the U.S. Justice Department against two Chinese nationals allegedly involving a University of Michigan lab.

    In June, U.S. federal prosecutors accused two Chinese nationals of smuggling into the U.S. a dangerous biological pathogen that they said had the potential to be used as an agricultural “terrorism weapon”.

    Zunyong Liu, 34, a Chinese researcher, is alleged to have brought the pathogen into the U.S. while visiting his girlfriend, Yunqing Jian, 33, in July 2024, according to an FBI complaint.

    The complaint said he admitted to smuggling in a fungus so he could conduct research on it at a University of Michigan laboratory where his girlfriend worked. However, experts have raised doubt about the FBI’s claim that the crop fungus smuggled was a threat.

    In its statement, the Education Department said the university has received $375 million in foreign funding since 2020 and was late in reporting $86 million of that amount. U.S. law requires universities to report donations from foreign sources exceeding $250,000 in a year.

    President Donald Trump’s administration has launched a widely condemned crackdown against top U.S. universities over a range of issues including pro-Palestinian campus protests against Israel’s war in Gaza, transgender rights, climate initiatives and diversity, equity and inclusion programs.

    Similar foreign funding probes were opened earlier at Harvard University, the University of Pennsylvania and the University of California, Berkeley.

    -Reuters

  • MIL-OSI Banking: Money Market Operations as on July 15, 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) 6,06,180.02 5.32 3.00-6.25
         I. Call Money 16,248.43 5.38 4.75-5.50
         II. Triparty Repo 3,95,077.45 5.30 5.15-5.36
         III. Market Repo 1,92,544.59 5.37 3.00-5.65
         IV. Repo in Corporate Bond 2,309.55 5.49 5.46-6.25
    B. Term Segment      
         I. Notice Money** 169.50 5.31 5.05-5.45
         II. Term Money@@ 627.00 – 5.25-5.70
         III. Triparty Repo 1,465.00 5.32 5.30-5.40
         IV. Market Repo 340.12 5.21 3.25-5.50
         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 Tue, 15/07/2025 3 Fri, 18/07/2025 57,450.00 5.49
    3. MSF# Tue, 15/07/2025 1 Wed, 16/07/2025 869.00 5.75
    4. SDFΔ# Tue, 15/07/2025 1 Wed, 16/07/2025 97,432.00 5.25
    5. Net liquidity injected from today’s operations [injection (+)/absorption (-)]*       -1,54,013.00  
    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 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$       5,880.78  
    E. Net liquidity injected from outstanding operations [injection (+)/absorption (-)]*     -1,45,752.22  
    F. Net liquidity injected (outstanding including today’s operations) [injection (+)/absorption (-)]*     -2,99,765.22  
    G. Cash Reserves Position of Scheduled Commercial Banks          
         (i) Cash balances with RBI as on July 15, 2025 9,94,173.57  
         (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 15, 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: 2025-2026/720

    MIL OSI Global Banks –