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Category: AM-NC

  • MIL-OSI Russia: Superjob Rating: GUU Among the Best in Graduates’ Salaries in the Field of Economics

    Translation. Region: Russian Federal

    Source: State University of Management – Official website of the State –

    Superjob has published a ranking of the best Russian universities by the salary level of graduates from 2019 to 2024. The State University of Management retained its 8th place in the ranking, sharing it with RUDN University.

    According to the rating, the average salary of a graduate of our university is 130,000 rubles per month, which is 5,000 rubles higher than last year’s figure.

    We also retained our leadership in the number of graduates who found employment in Moscow after completing their studies: this figure was 90%.

    Let us recall that earlier GUU took 11th and 13th places in the first National Ranking of Graduate Employment for employment of bachelor’s and master’s degree graduates, respectively, in the field of “Sciences about Society”, and also entered the top 10 best economic universities in Moscow according to RIA Novosti and the top 100 best universities in Russia according to RAEX.

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

    MIL OSI Russia News –

    June 26, 2025
  • MIL-OSI Economics: Final closure of the operation of the Depositors Compensation Scheme in respect of Kaupthing Singer & Friedlander (Isle of Man) Limited (“the Scheme”)

    Source: Isle of Man

    Published on: 26 June 2025

    Further to an Application Notice dated 21st March 2025 made by the Authority as Scheme Manager following the closure of the Scheme on 1 October 2024, a further Order was made at a hearing at the Isle of Man High Court on 19th June 2025.

    The Order can be viewed here.

    Amongst other matters, the Order declares that from 31st July 2025 all remaining depositors have abandoned any and all rights to claim any dividends and/or surplus interest unclaimed or uncollected.

    The Authority will take the final steps to fully close the Scheme on or after 31st July 2025.

    Further information in relation to the Scheme can be accessed here.

    Enquiries:

     

    Andrew Kermode

    Head of Prudential Supervision Division

    Secretary to the Scheme

    Tel: +44 (0)1624 689320

    Email: andrew.kermode@iomfsa.im

    MIL OSI Economics –

    June 26, 2025
  • MIL-OSI Economics: Final closure of the operation of the Depositors Compensation Scheme in respect of Kaupthing Singer & Friedlander (Isle of Man) Limited (“the Scheme”)

    Source: Isle of Man

    Published on: 26 June 2025

    Further to an Application Notice dated 21st March 2025 made by the Authority as Scheme Manager following the closure of the Scheme on 1 October 2024, a further Order was made at a hearing at the Isle of Man High Court on 19th June 2025.

    The Order can be viewed here.

    Amongst other matters, the Order declares that from 31st July 2025 all remaining depositors have abandoned any and all rights to claim any dividends and/or surplus interest unclaimed or uncollected.

    The Authority will take the final steps to fully close the Scheme on or after 31st July 2025.

    Further information in relation to the Scheme can be accessed here.

    Enquiries:

     

    Andrew Kermode

    Head of Prudential Supervision Division

    Secretary to the Scheme

    Tel: +44 (0)1624 689320

    Email: andrew.kermode@iomfsa.im

    MIL OSI Economics –

    June 26, 2025
  • MIL-OSI Economics: Panasonic boosts expansion of condensing unit business in Europe! Sales begin for 70 models of eco-friendly condensing units in two series

    Source: Panasonic

    Headline: Panasonic boosts expansion of condensing unit business in Europe! Sales begin for 70 models of eco-friendly condensing units in two series

    Tokyo, Japan – Panasonic Corporation (https://www.panasonic.com/global/about.html) today announced that Panasonic Cold Chain Poland Sp. z o.o. (PCCPL), a subsidiary of Panasonic Corporation Cold Chain Solutions Company (Panasonic CCS) that is responsible for the development and manufacturing of condensing units in Europe, will launch the new condensing unit series “iCORE” and “iCOOL” from October 2025. A total of 70 models are available in two series, covering a wide range of applications including retail stores, supermarkets, the HoReCa *2 sector, gas stations and Cold rooms.
    The “iCORE” series is Panasonic’s flagship line of non-freon condensing unit in the European market. It uses a future-oriented natural refrigerant (CO2 refrigerant/R744) and has a lineup of 12 models, up to 29 kW for medium-temperature applications and up to 15 kW for low-temperature applications. With this series, we will lead the shift to non-freon condensing units in Europe, just as we have in Japan.
    The “iCOOL” series is a condensing unit series that is inverter controlled and compatible with HFC*3 and A2L*4 refrigerants. Advanced inverter technology realizes long-term energy savings and reduced electricity cost, and is positioned as a model that supports the gradual transition to low GWP refrigerants. A total of 58 models are available in the lineup, with a maximum of 42 kW for medium temperature applications and a maximum of 14 kW for low temperature applications.
    PCCPL became a part of the Panasonic Group through M&A in December 2024 and has been operating as the first European factory for the cold chain business, significantly shortening the delivery lead time throughout Europe compared to the previous method of shipping and transporting from Japan. The launch of this new series of condensing units marks a strategically important milestone for Panasonic as it focuses on its condensing unit business in the European market.
    With this acquisition, Panasonic CCS will be able to gain momentum in its condensing unit business in Europe and accelerate the global expansion of its cold chain business, while also contributing to the realization of a sustainable society through the market penetration of environmentally friendly products.

    Notes:1 A heat source equipment used to cool cooling equipment such as remote type showcases and cold room freezers and refrigerators. It is used by connecting it to indoor cooling equipment via refrigerant piping and is installed indoors or outdoors.2 Food service industry, abbreviation for Hotel/Restaurant/Cafe3 Alternative freon4 A refrigerant that is slightly flammable, has low toxicity, and has a low global warming potential.

    MIL OSI Economics –

    June 26, 2025
  • MIL-Evening Report: There’s gold trapped in your iPhone – and chemists have found a safe new way to extract it

    Source: The Conversation (Au and NZ) – By Justin M. Chalker, Professor of Chemistry, Flinders University

    A sample of refined gold recovered from mining and e-waste recycling trials. Justin Chalker

    In 2022, humans produced an estimated 62 million tonnes of electronic waste – enough to fill more than 1.5 million garbage trucks. This was up 82% from 2010 and is expected to rise to 82 million tonnes in 2030.

    This e-waste includes old laptops and phones, which contain precious materials such as gold. Less than one quarter of it is properly collected and recycled. But a new technique colleagues and I have developed to safely and sustainably extract gold from e-waste could help change that.

    Our new gold-extraction technique, which we describe in a new paper published today in Nature Sustainability, could also make small-scale gold mining less poisonous for people – and the planet.

    Soaring global demand

    Gold has long played a crucial role in human life. It has been a form of currency and a medium for art and fashion for centuries. Gold is also essential in modern industries including the electronics, chemical manufacture and aerospace sectors.

    But while global demand for this precious metal is soaring, mining it is harmful to the environment.

    Deforestation and use of toxic chemicals are two such problems. In formal, large-scale mining, highly toxic cyanide is widely used to extract gold from ore. While cyanide can be degraded, its use can cause harm to wildlife, and tailings dams which store the toxic byproducts of mining operations pose a risk to the wider environment.

    In small-scale and artisanal mining, mercury is used extensively to extract gold. In this practice, the gold reacts with mercury to form a dense amalgam that can be easily isolated. The gold is then recovered by heating the amalgam to vaporise the mercury.

    Small-scale and artisanal mining is the largest source of mercury pollution on Earth, and the mercury emissions are dangerous to the miners and pollute the environment. New methods are required to reduce the impacts of gold mining.

    In 2022, humans produced an estimated 62 million tonnes of electronic waste.
    DAMRONG RATTANAPONG/Shutterstock

    A safer alternative

    Our interdisciplinary team of scientists and engineers has developed a new technique to extract gold from ore and e-waste. The aim was to provide a safer alternative to mercury and cyanide and reduce the health and environmental impacts of gold mining.

    Many techniques have previously been reported for extracting gold from ore or e-waste, including mercury- and cyanide-free methods. However, many of these methods are limited in rate, yield, scale and cost. Often these methods also consider only one step in the entire gold recovery process, and recycling and waste management is often neglected.

    In contrast, our approach considered sustainability throughout the whole process of gold extraction, recovery and refining. Our new leaching technology uses a chemical commonly used in water sanitation and pool chlorination: trichloroisocyanuric acid.

    When this widely available and low-cost chemical is activated with salt water, it can react with gold and convert it into a water-soluble form.

    To recover the gold from the solution, we invented a sulphur-rich polymer sorbent. Polymer sorbents isolate a certain substance from a liquid or gas, and ours is made by joining a key building block (a monomer) together through a chain reaction.

    Our polymer sorbent is interesting because it is derived from elemental sulphur: a low-cost and highly abundant feedstock. The petroleum sector generates more sulphur than it can use or sell, so our polymer synthesis is a new use for this underused resource.

    Our polymer could selectively bind and remove gold from the solution, even when many other types of metals were present in the mixture.

    The simple leaching and recovery methods were demonstrated on ore, circuit boards from obsolete computers and scientific waste. Importantly, we also developed methods to regenerate and recycle both the leaching chemical and the polymer sorbent. We also established methods to purify and recycle the water used in the process.

    In developing the recyclable polymer sorbent, we invented some exciting new chemistry to make the polymer using light, and then “un-make” the sorbent after it bound gold. This recycling method converted the polymer back to its original monomer building block and separated it from the gold.

    The recovered monomer could then be re-made into the gold-binding polymer: an important demonstration of how the process is aligned with a circular economy.

    A long and complex road ahead

    In future work, we plan to collaborate with industry, government and not-for-profit groups to test our method in small-scale mining operations. Our long-term aim is to provide a robust and safe method for extracting gold, eliminating the need for highly toxic chemicals such as cyanide and mercury.

    There will be many challenges to overcome including scaling up the production of the polymer sorbent and the chemical recycling processes. For uptake, we also need to ensure that the rate, yield and cost are competitive with more traditional methods of gold mining. Our preliminary results are encouraging. But there is still a long and complex road ahead before our new techniques replace cyanide and mercury.

    Our broader motivation is to support the livelihood of the millions of artisanal and small-scale miners that rely on mercury to recover gold.

    They typically operate in remote and rural regions with few other economic opportunities. Our goal is to support these miners economically while offering safer alternatives to mercury. Likewise, the rise of “urban mining” and e-waste recycling would benefit from safer and operationally simple methods for precious metal recovery.

    Success in recovering gold from e-waste will also reduce the need for primary mining and therefore lessen its environmental impact.

    Justin M. Chalker is an inventor on patents associated with the gold leaching and recovery technology. Both patents are wholly owned by Flinders University. This research was supported financially by the Australian Research Council and Flinders University. He has an ongoing collaboration with Mercury Free Mining and Adelaide Control Engineering: organisations that supported the developments and trials reported in this study.

    – ref. There’s gold trapped in your iPhone – and chemists have found a safe new way to extract it – https://theconversation.com/theres-gold-trapped-in-your-iphone-and-chemists-have-found-a-safe-new-way-to-extract-it-259817

    MIL OSI Analysis – EveningReport.nz –

    June 26, 2025
  • MIL-OSI Africa: Former Msunduzi Municipality official sentenced to 10 years for corruption

    Source: South Africa News Agency

    Thursday, June 26, 2025

    The Durban Specialised Commercial Crimes Court has sentenced a former Msunduzi Municipality official to 10 years’ direct imprisonment following his conviction on two counts of corruption.

    According to the National Prosecuting Authority (NPA), Nhlakanipho Wiseman Dlamini (45), who was employed as an acting Fleet Control Advisor at the municipality, was found guilty of soliciting bribes from a municipal service provider.

    “Dlamini was employed at Msunduzi Municipality…and a company named EWCop was contracted to supply and maintain vehicle tracking devices for the municipal vehicles. During 2018, EWCop’s contract with the municipality ended, and the contract was subsequently extended on a month-to-month basis pending the outcome of the award for a new tender.

    “Dlamini then approached EWCop and solicited their offer to secure the pending tender in favour of EWCop. Dlamini further solicited R100 000 from EWCop to ensure that the outstanding payments in respect of the month-to-month contract were paid to EWCop,” the NPA said in a statement.

    A trap was set up in accordance with section 252 A of the Criminal Procedure Act 51 of 1977, and Dlamini was arrested between November 2019 and January 2020, after receiving the ‘trap’ money.

    Dlamini was sentenced to eight years’ imprisonment on each count of t corruption.  Six years of the second count run concurrently with the first, resulting in an effective 10-year sentence.

    “The NPA welcomes this successful prosecution. Together with our partners in the Justice Cluster, we will ensure that corrupt officials are brought to book. Rooting out corruption remains an organisational priority,” the statement concluded. – SAnews.gov.za

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    MIL OSI Africa –

    June 26, 2025
  • MIL-OSI Africa: Police Commissioner to launch Operation Shanela 2 

    Source: South Africa News Agency

    Thursday, June 26, 2025

    The National Commissioner of the South African Police Service, General Fannie Masemola, is today scheduled to address an integrated parade of law enforcement officers in Cape Town signalling the official launch of Operation Shanela 2 targeting crime hotspots across the nine provinces. 

    The launch will also see similar parades simultaneously taking place in other high crime provinces namely Gauteng, KwaZulu-Natal and Eastern Cape. 

    “Operation Shanela 2 was conceived as an operational response to deal with serious and violent crimes afflicting communities in identified hotspots throughout the country,” the South African Police Service (SAPS) said in a statement. 

    “After receiving operational directives and marching orders, the integrated forces will embark on a number of high density targeted operational activities at identified hotspots across the country,” the police said. – SAnews.gov.za

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    MIL OSI Africa –

    June 26, 2025
  • MIL-OSI Africa: New Development Bank appoints Tshepiso Moahloli as regional DG

    Source: South Africa News Agency

    The New Development Bank (NDB) has appointed Tshepiso Moahloli as the new Africa Regional Centre (ARC) Director-General, following an international competitive recruitment process. 

    Moahloli’s appointment took effect on 20 June 2025. 

    Moahloli’s role will entail managing the Bank’s African regional operations and leading the African continent, with a focus on project origination, preparation, and implementation supervision. She will also serve as a primary interface between the NDB and key project stakeholders in the region.

    The NDB is celebrating 10 years of operations this year. Since its inception in 2015, the Bank has approved 15 infrastructure projects in South Africa, valued at a total of US$7.3 billion. 

    These projects focus on addressing crucial infrastructure needs in sectors sincluding water, energy, transport and logistics networks.

    “Moahloli is a former National Treasury Deputy Director-General (DDG) for Asset and Liability Management and has amassed more than a decade of experience in the National Treasury providing operational and strategic leadership in Debt Management, Risk Management and Stakeholder Relations.

    “Prior to this appointment, Moahloli provided consulting services on various projects related to public debt, climate financing and broad infrastructure development. Moahloli provided strategic expertise at the newly formed Oman Debt Management Office,” National Treasury said.

    In partnership with the World Bank, she has also provided consulting support for the NDB in mapping out requisite reforms in infrastructure delivery for the National Treasury.

    Moahloli holds a Master of Business Administration in Executive Management from the University of Cape Town, and a Master of Commerce Economic Science (with Distinction) from the University of the Witwatersrand.

    National Treasury Director-General, Dr Duncan Pieterse, who is also South Africa’s representative on the NDB Board of Directors, wishes Moahloli well in her new role as she leads the expansion of the NDB Project Portfolio in South Africa and the broader African region for greater development impact. –SAnews.gov.za

    MIL OSI Africa –

    June 26, 2025
  • MIL-OSI Africa: GCIS hosts activation against drugs, illicit trafficking

    Source: South Africa News Agency

    Thursday, June 26, 2025

    The Government Communication and Information System (GCIS), in partnership with the Justice, Crime Prevention and Security (JCPS) Cluster, will host a community activation on Thursday in the North West province to raise awareness on drugs and illicit trafficking.

    This activation is part of Youth Month activities and held under the sub-theme: “Promoting Physical and Mental Health by Reducing Risky Behaviours”. 

    The event coincides with the International Day against Drug Abuse and Illicit Trafficking, which is observed annually on 26 June to strengthen global action and cooperation towards a world free from drug abuse. 

    The activation will showcase services provided by the JCPS cluster. Key focus areas will include providing evidence-based, voluntary services for all; offering alternatives to punishment; prioritising prevention and leading with compassion. 

    “The world drug problem and response continue to present challenges to the health, safety, and well-being of people in South Africa. A drastic change in approach to drug policy recognises that the punitive approach has not been successful in tackling drug-related problems. 

    “Instead, emphasis should be placed on evidence-based public health and social justice principles that focus on individuals, families, communities, society as a whole, and must underscore social protection and health care instead of conviction and punishment,” this is according to the National Drug Masterplan of 2019 to 2024. – SAnews.gov.za

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    MIL OSI Africa –

    June 26, 2025
  • MIL-OSI Submissions: Universities – Golden opportunity to remove toxic waste and recover precious metal

    Source: Flinders University

    Jackpot! Gold from e-waste opens a rich vein for miners and the environment – An interdisciplinary team of experts in green chemistry, engineering and physics at Flinders University has developed a safer and more sustainable approach to extract and recover gold from ore and electronic waste.

    Explained in the leading journal Nature Sustainability, the gold-extraction technique promises to reduce levels of toxic waste from mining and shows that high purity gold can be recovered from recycling valuable components in printed circuit boards in discarded computers.

    The project team, led by Matthew Flinders Professor Justin Chalker, applied this integrated method for high-yield gold extraction from many sources – even recovering trace gold found in scientific waste streams.

    The progress toward safer and more sustainable gold recovery was demonstrated for electronic waste, mixed-metal waste, and ore concentrates.

    “The study featured many innovations including a new and recyclable leaching reagent derived from a compound used to disinfect water,” says Professor of Chemistry Justin Chalker, who leads the Chalker Lab at Flinders University’s College of Science and Engineering.

    “The team also developed an entirely new way to make the polymer sorbent, or the material that binds the gold after extraction into water, using light to initiate the key reaction.”

    Extensive investigation into the mechanisms, scope and limitations of the methods are reported in the new study, and the team now plans to work with mining and e-waste recycling operations to trial the method on a larger scale.

    “The aim is to provide effective gold recovery methods that support the many uses of gold, while lessening the impact on the environment and human health,” says Professor Chalker.

    The new process uses a low-cost and benign compound to extract the gold. This reagent (trichloroisocyanuric acid) is widely used in water sanitation and disinfection. When activated by salt water, the reagent can dissolve gold.

    Next, the gold can be selectively bound to a novel sulfur-rich polymer developed by the Flinders team. The selectivity of the polymer allows gold recovery even in highly complex mixtures.

    The gold can then be recovered by triggering the polymer to “un-make” itself and convert back to monomer. This allows the gold to be recovered and the polymer to be recycled and re-used.

    Global demand for gold is driven by its high economic and monetary value but is also a vital element in electronics, medicine, aerospace technologies and other products and industries. However, mining the previous metal can involve the use of highly toxic substances such as cyanide and mercury for gold extraction – and other negative environmental impacts on water, air and land including CO2 emissions and deforestation.

    The aim of the Flinders-led project was to provide alternative methods that are safer than mercury or cyanide in gold extraction and recovery.

    The team also collaborated with experts in the US and Peru to validate the method on ore, in an effort to support small-scale mines that otherwise rely on toxic mercury to amalgamate gold.

    Gold mining typically uses highly toxic cyanide to extract gold from ore, with risks to the wildlife and the broader environment if it is not contained properly. Artisanal and small-scale gold mines still use mercury to amalgamate gold. Unfortunately, the use of mercury in gold mining is one of the largest sources of mercury pollution on Earth.

    Professor Chalker says interdisciplinary research collaborations with industry and environmental groups will help to address highly complex problems that support the economy and the environment.

    “We are especially grateful to our engineering, mining, and philanthropic partners for supporting translation of laboratory discoveries to larger scale demonstrations of the gold recovery techniques.”

    Lead authors of the major new study – Flinders University postdoctoral research associates Dr Max Mann, Dr Thomas Nicholls, Dr Harshal Patel and Dr Lynn Lisboa – extensively tested the new technique on piles of electronic waste, with the aim of finding more sustainable, circular economy solutions to make better use of ever-more-scarce resources in the world. Many components of electronic waste, such as computer processing units and RAM cards, contain valuable metals such as gold and copper.

    Dr Mann says: “This paper shows that interdisciplinary collaborations are needed to address the world’s big problems managing the growing stockpiles of e-waste.”

    ARC DECRA Fellow Dr Nicholls, adds: “The newly developed gold sorbent is made using a sustainable approach in which UV light is used to make the sulfur-rich polymer. Then, recycling the polymer after the gold has been recovered further increases the green credentials of this method.”

    Dr Patel says: “We dived into a mound of e-waste and climbed out with a block of gold! I hope this research inspires impactful solutions to pressing global challenges.”

    “With the ever-growing technological and societal demand for gold, it is increasingly important to develop safe and versatile methods to purify gold from varying sources,” Dr Lisboa concludes.

     

    The article, Sustainable gold extraction from ore and electronic waste (2025) by Maximilian Mann, Thomas P Nicholls, Harshal D Patel, Lynn S Lisboa, Jasmine MM Pople, Le Nhan Pham, Max JH Worthington, Matthew R Smith, Yanting Yin, Gunther G Andersson, Christopher T Gibson, Louisa J Esdaile, Claire E Lenehan, Michelle L Coote, Zhongfan Jia and Justin M Chalker has been published in Nature Sustainability. DOI: 10.1038/s41893-025-01586-w


    https://doi.org/10.1038/s41893-025-01586-w

     

    Funding: The project was supported by generous funding from the Australian Research Council including Fellowships, Discovery Grants and Linkage Projects spanning 2015 to 2025 (DE150101863, DP200100090, DP21010002, DP230100587, LP200301660, LP200301661, FT220100054, and DE250100525). Additional funding was provided by a 2024 Flinders University High Impact Collaboration Grant.

    MIL OSI – Submitted News –

    June 26, 2025
  • MIL-OSI Analysis: How Bordeaux wine estates price their bottles

    Source: The Conversation – France – By Jean-Marc Figuet, Professeur d’économie, Université de Bordeaux

    On wine-rating platforms, amateur ratings better explain the price differences of bottles than professional scores. JuanGarciaHinojosa/Shutterstock

    Research in economics has unravelled the workings of the complex market for Bordeaux wines, in which perceived quality, historical reputation and critical reviews are intertwined. The question of how bottles are priced is all the more relevant amid a crisis for the Bordeaux industry, which is facing the threat of higher US tariffs on EU exports.

    Reputation, ranking, vintage and climate

    A document pertaining to the ranking of Bordeaux wines in the 19th century.
    Wikimediacommons

    To assess the relationship between the quality and price of Bordeaux wines, Jean-Marie Cardebat and I applied the “hedonic” method. The analysis links price to the observable characteristics of a wine: its ranking, vintage, designation of origin, alcohol content, flavour, etc.

    The results are striking: the reputation of the wine estate and its official ranking, in particular that of 1855, are more powerful factors in explaining price than taste and sensory characteristics. In other words, a ranked wine, because of the prestige of its label, sells for significantly more than an unranked wine of equivalent taste and sensory appeal.




    À lire aussi :
    Our perception of wine has more to do with its commercial history than we think


    The economist Orley Ashenfelter has shown that the weather conditions of a vintage – temperature, sunshine, rainfall – are predictors of its quality and therefore its price. A simple model, based solely on climatic data.

    Robert Parker and the golden age of experts

    For more than 30 years, the critic Robert Parker stirred up the Bordeaux wine market. His famous scores out of 100, published in The Wine Advocate, made and broke the value of wines. The economist Robert H. Ashton measured the scores’ impact: an extra point could boost a price by 10-20%.

    Parker was the originator of a tribe of “gurus”, whose scores structured the entire early season for wines. The estates adjusted prices according to their assessments, and wine buyers followed suit, convinced of the accuracy of the scores.


    A weekly e-mail in English featuring expertise from scholars and researchers. It provides an introduction to the diversity of research coming out of the continent and considers some of the key issues facing European countries. Get the newsletter!

    Fragmented influence

    The Bordeaux wine landscape has changed since Parker’s retirement in 2019. The critics are still around but their influence has fragmented. No one has taken over Parker’s leadership. Consensus is now less clear and rating discrepancies are more frequent.

    An even deeper turning point is evident when we compare the impact of expert and consumer ratings – notably from the Vivino platform – on the price of French red wines.

    The result is clear: in the majority of cases, the scores of amateurs surpass those of professionals when it comes to explaining price differences. The market has therefore moved from a “guru” logic to a “geek” logic, in which the collective intelligence of connected consumers now carries as much weight, if not more, than expert opinions.




    À lire aussi :
    Appearance, aroma and mouthfeel: all you need to know to give wine tasting a go


    ‘Bordeaux bashing’

    During the “primeurs” or early harvest campaign, the most prestigious Bordeaux wines are offered 18 months before bottling, often at a price that is supposed to be lower than the future market price. It’s a great opportunity for a bargain. Philippe Masset’s research shows that most wine estates overestimate the price of early harvest wines.

    For example, for the 2021 vintage, over 80% of the wines analysed were priced above their “fair value” as estimated by an econometric model. The more a wine is overpriced on its release, the worse it performs on the secondary market. This discrepancy between asking price and perceived value feeds what is known as “Bordeaux bashing”. There is disaffection with these wines that are considered too expensive, too complex, too austere and totally out of step with today’s expectations – young people’s in particular.

    A changing market

    While the price of Bordeaux wine is still based on its quality, origin, weather and ranking, it also depends on criticism not just by experts, but by consumers. This shift is redefining the balance of power in the world of wine.

    Reputation still pays, but prestige is no longer enough. Nonelite wine consumers are gradually taking over, gaining a new form of power over prices. If the Bordeaux market wants to emerge from crisis and reclaim its place, it will undoubtedly have to rethink the way its prices are set and perceived.

    Jean-Marc Figuet has received public funding for his research.

    – ref. How Bordeaux wine estates price their bottles – https://theconversation.com/how-bordeaux-wine-estates-price-their-bottles-259830

    MIL OSI Analysis –

    June 26, 2025
  • MIL-OSI Submissions: Energy Sector – More oil and gas to Europe from the Fram and Troll area – Equinor

    Source: Equinor

    26 JUNE 2025 – Equinor and its Fram partners will invest more than NOK 21 billion in a new subsea development. The plan for development and operation was today submitted to the Minister of Energy, Terje Aasland.

    “Fram Sør will contribute to security of energy supply from the Norwegian continental shelf (NCS) to Europe. The development will put new oil and gas resources on stream by connecting new infrastructure to existing facilities that provide good and robust profitability. With the host platform Troll C being powered from shore, the production from Fram Sør will have very low emissions. The project will generate activity for the Norwegian supply industry, with an estimated employment effect of 4,500 full-time equivalents (FTEs) during the development period,” says Geir Tungesvik, Equinor’s executive vice president, Projects, Drilling & Procurement.

    The Fram Sør project is a combined development of several discoveries that will export oil and gas via Troll C. Recoverable volumes are estimated at 116 million barrels of oil equivalent, 75 percent of which is oil and 25 percent is gas. Production is scheduled to start at the end of 2029.

    The CO2 intensity for the Fram Sør development is estimated at about 0.5 kg of CO2 per barrel of oil equivalent. The average for the NCS is 8 kg. The industry average is about 16 kg per barrel of oil equivalent (IOGP 2023).

    Kjetil Hove, Equinor’s executive vice president for Exploration & Production Norway
    (Photo: Ole Jørgen Bratland / Equinor)

    “We have done a thorough job maturing the new resources discovered in the Fram and Troll area in recent years. Fram Sør shows the importance of area solutions and close collaboration between partners and authorities in order to realise the resource values on a mature NCS. We have a large portfolio of projects that will phase in discoveries to our producing fields. Equinor expects to put more than 50 such projects on stream by 2035,” says Kjetil Hove, Equinor’s executive vice president for Exploration & Production Norway.

    In the autumn of 2019, Equinor and partners made a discovery of oil and gas in the Fram area of the North Sea. This discovery, called Echino South, supported the belief that more oil could be found, and contributed to nine discoveries made in the Troll-Fram area over a four-year period. In the spring of 2021, Equinor and partners made the Blasto discovery. Together with two smaller discoveries in previous years, Echino South and Blasto form the basis for Fram Sør.

    The field development is also technologically groundbreaking. As the first on the NCS, Fram Sør will use all-electric Christmas trees that eliminate the need for hydraulic fluid supplied from the platform and improve monitoring capabilities of the subsea equipment. It is an efficient and reliable system for operating subsea Christmas trees, as well as reducing the risk of environmental impact.

    The Fram Sør investments will contribute to the Norwegian supply industry both in the development and operation phases. A ripple effect study conducted by Kunnskapsparken in Bodø indicates an employment effect of 4,500 full-time equivalents in Norway through the development period. Most of the suppliers have a Norwegian invoice address, but some of the construction takes place abroad.

    In total, the contracts will have a value of about NOK 18 billion.

    All contracts will be subject to regulatory approval.

    Fram partners: Equinor Energy AS (45%), Vår Energi ASA (40%) and INPEX Idemitsu Norge AS (15%).

    MIL OSI – Submitted News –

    June 26, 2025
  • MIL-OSI Submissions: Asia Pacific – Governments Commit to Ensuring Every Birth is Registered and Every Death in Asia and the Pacific is Recorded by 2030

    Source: United Nations – ESCAP

    Governments across Asia and the Pacific today reached a landmark decision to ensure that all births are registered and all deaths are recorded by 2030, bringing the vision of universal, inclusive and resilient civil registration and vital statistics (CRVS) systems one step closer to reality.

    This renewed pledge, adopted at the conclusion of the Third Ministerial Conference on Civil Registration and Vital Statistics (CRVS) in Asia and the Pacific, ushers in the next chapter of the CRVS Decade. It strengthens regional momentum and aligns more closely with the Sustainable Development Goals (SDGs), reinforcing the shared vision of inclusive development for all.
     
    The Ministerial Declaration reaffirms the shared vision that all people in Asia and the Pacific will benefit from universal and responsive CRVS systems, essential for ensuring legal identity, protecting human rights, enabling good governance, strengthening public health and driving sustainable development. The Declaration also highlights the importance of marriage registration and the urgent need to build resilient and inclusive CRVS systems that can withstand future crises and reach everyone, especially the most vulnerable.
     
    Over the past decade, Asia and the Pacific has made remarkable progress: The number of unregistered children under five has dropped to 51 million today from 135 million in 2012, a reduction of more than 60 per cent. Twenty-nine countries now register over 90 per cent of births within a year, while 30 countries achieve the same for death registration. The quality of cause-of-death reporting has also significantly improved, thanks to sustained efforts to strengthen civil registration and health systems.
     
    But despite this progress, an estimated 14 million children across the region still do not have their births registered by their first birthday. And each year, approximately 6.9 million deaths go unrecorded, most often those occurring outside health facilities or in remote communities.
     
    “These numbers are more than statistics, they represent lives without legal recognition and families left without support,” said Armida Salsiah Alisjahbana, Under-Secretary-General of the United Nations and Executive Secretary of the Economic and Social Commission for Asia and the Pacific (ESCAP). “This week has been a powerful call to action. We have seen inspiring examples of countries reaching the most marginalized, embracing digital innovation and strengthening legal and institutional frameworks.”
     
    The Declaration sets out a bold and ambitious roadmap to 2030, one that places people at the centre. It calls for inclusive and accessible service delivery, harnesses the power of digital transformation, strengthens legal foundations and builds integrated interoperable data systems. Governments across the region also committed to improving gender equity in registration processes, safeguarding personal data and privacy and ensuring the continuity of CRVS services even in times of crises.
     
    The renewed commitment marks a powerful regional pledge to leave no one behind. It signals a united drive to close the remaining gaps, build resilient and inclusive CRVS systems and ensure that every person – regardless of gender, location or circumstance – is counted, protected and visible in public policy.

    The Economic and Social Commission for Asia and the Pacific (ESCAP) is the most inclusive intergovernmental platform in the Asia-Pacific region. The Commission promotes cooperation among its 53 member States and 9 associate members in pursuit of solutions to sustainable development challenges. ESCAP is one of the five regional commissions of the United Nations.
     

    MIL OSI – Submitted News –

    June 26, 2025
  • MIL-OSI Submissions: World Solar Challenge 2025: Gebrüder Weiss and ETH Zurich students team up again

    Source: Gebrüder Weiss 

    Gebrüder Weiss is once again the a Centauri Solar Racing Team’s logistics partner / Branches in Zurich, Wolfurt, and Adelaide ensure seamless transport of the custom-built solar-powered racing car.

    Wolfurt, June 26, 2025. Logistics company Gebrüder Weiss is once again supporting the students of the a Centauri Solar Racing Team from the Swiss Federal Institute of Technology (ETH) in Zurich as they travel to Australia for the World Solar Challenge 2025. At this year’s international solar vehicle race, the Swiss students are aiming to improve on their 12th place debut result from 2023, having developed a vehicle with improved aerodynamics and a larger solar surface area. To ensure that everything runs smoothly before the race begins in Darwin on August 24, the team has once again entrusted Gebrüder Weiss with the complex transport.

    “We are delighted to be accompanying the aCentauri team from ETH Zurich again this year. Such collaborations are in line with our understanding of partnership: long-term, trusting, and focused on a sustainable future for mobility,” explains Frank Haas, Head of Communications at Gebrüder Weiss. “The students already demonstrated in 2023 that solar mobility works, and we wish them every success in reaching the top ten.”

    The technical equipment was shipped to Australia by sea freight back in May. Now, the vehicle itself is embarking on its journey by air freight, after a live presentation at the Gebrüder Weiss location in Wolfurt. After completing a final test drive in front of press representatives, the vehicle was prepared for air transport at the IATA-certified terminal.

    Certification from the IATA (International Air Transport Association) means that the Air & Sea Terminal at Wolfurt is an officially recognized air freight terminal where shipments can be prepared for air transport in accordance with IATA standards – including special packaging, security checks, and all required inspection processes. The flight will then depart for Australia via Frankfurt Airport without any intermediate steps.

    Upon arrival in Australia, the logistics experts at the new Gebrüder Weiss location in Adelaide will take charge of the next stage of the process: They will coordinate the import formalities and transport to the University of Adelaide.

    The World Solar Challenge starts on August 24, 2025, and covers 3,000 kilometers across the Australian outback. First held in 1987, the race promotes innovation in the areas of sustainable mobility and renewable energies.

    As a company with a history spanning over 500 years, Gebrüder Weiss is eager to play an active role in shaping the future of mobility. Since 2021, the company has been involved in relevant projects, working closely with universities, research teams, and start-ups. In addition to logistics, Gebrüder Weiss promotes exchange between project partners and raises the profile of forward-thinking ideas. The aim is to implement new technologies at an early stage.

    Further background information on the projects can be found at: https://www.gw-world.com/company/sustainability/future-of-mobility, or via the logistics company’s social media channels.

    About Gebrüder Weiss

    Gebrüder Weiss Holding AG, based in Lauterach, Austria, is a globally operative full-service logistics provider with about 8,600 employees at 180 company-owned locations. The company generated revenues of 2.71 billion euros in 2024. Its portfolio encompasses transport and logistics solutions, digital services, and supply chain management. The twin strengths of digital and physical competence enable Gebrüder Weiss to respond swiftly and flexibly to customers’ needs. The family-run organization – with a history going back more than half a millennium – has implemented a wide variety of environmental, economic, and social initiatives. Today, it is also considered a pioneer in sustainable business practices. www.gw-world.com

    MIL OSI – Submitted News –

    June 26, 2025
  • MIL-OSI United Kingdom: Health and Social Care Secretary speech on health inequalities

    Source: United Kingdom – Executive Government & Departments

    Speech

    Health and Social Care Secretary speech on health inequalities

    Wes Streeting spoke at Blackpool Football club on reducing health inequalities.

    Thank you very much, Simon. And thanks to all of you for coming to join us this morning here at Bloomfield Road. 

    I just want to echo, first of all, what Simon said about the club and about the impact it has through the trust of people in the community, particularly in terms of the work it does with young people, giving people opportunities or better life chances. 

    It’s a reminder that it’s something that government has to do, and I believe very strongly we can’t do without a good and active government. 

    But it’s also a reminder that whether we’re talking about creating health or education and life chances, the government can’t do it on our own. 

    And if we try to, we won’t have as much impact as if we work with partners. 

    So I just want to say a massive thank you to everyone here at the club for the work that you do as a proper community-rooted club. 

    This is a town that occupies a special place in my heart through a lot of happy memories from visits to Pleasure Beach as a kid. 

    I’ve got family up the road in Preston, too. And National Union of Students conferences in Winter Gardens during my student years, some of which I can still remember. 

    But as Health and Social Care Secretary, Blackpool is on my mind for less happy reasons: its health outcomes, which are not only poor, but unjust.   

    England is not an especially large nation. Yet the inequalities between us are huge.  

    Travel 30 miles down the road to Ribble Valley and men live for 8 years longer. 

    A baby girl born here in Blackpool will live 7 years less than one born in Wokingham.

    She will fall into ill health 18 years earlier in life. 

    As the report by the Chief Medical Officer on health in coastal communities puts it, in many working-class towns like this one, people are growing old before their time.  

    [Political content removed] 

    And the gap between the health of the poorest and wealthiest parts of our country have widened. 

    These stark health inequalities are not just down to the health service alone.  

    They are also caused by poverty, a lack of good work, damp housing, dirty air, and the sporting, travel and cultural opportunities which are afforded to the privileged few being denied to the many. 

    It is why I have been driving the NHS so hard to reform, improve productivity and cut waste.  

    Because every pound spent on diagnosing and treating illness is a pound that can’t be spent on tackling the causes of ill health.  

    In the coming days, we will be publishing our 10 year plan, which will set out how this mission-driven government will tackle illness, keep disease at bay, and reduce the health inequalities that shame our society.  

    Our 10 year plan will not just be a plan for the NHS, but a plan for health.  

    It will tackle illness at source through a whole-society approach, with a shift in focus from treating sickness to preventing it in the first place. 

    Already this government is taking action. The Education Secretary, Bridget Phillipson, is rolling out primary school breakfast clubs and free school lunches to millions of children, so they walk into the classroom with hungry minds not hungry bellies.  

    Angela Rayner, Deputy Prime Minister, is building a new generation of homes, and along with our Business Secretary, Jonny Reynolds, introducing sick pay from day one in the job. 

    The Chancellor, Rachel Reeves, has given workers on the minimum wage a £1,400 pay rise this year. 

    The Work and Pensions Secretary, Liz Kendall, is giving disabled people the right to work, so they can take up a job opportunity, knowing if things go wrong they can go back to the support they had before without the jeopardy or fear of missing out or being back to square one.   

    Our Energy Secretary, Ed Miliband, is extending the Warm Home Discount, helping keep millions more households warm this winter. 

    And our Environment Secretary, Steve Reed, is cleaning up our rivers and seas from sewage. 

    So, you can see that just those steps we’ve already taken less than a year in office that Keir Starmer’s government is determined to lift people out of poverty, tackle inequality and improve the health of our society. 

    [political content removed] 

    Today, I want to set out how our reforms to the NHS will fundamentally improve the health of working-class communities. 

    NHS founded on principle of equity 

    The National Health Service was founded to end grotesque inequality in access to healthcare.  

    Before 1948, working people avoided the doctor unless they absolutely needed to see one, because of the costs being so prohibitive.  

    Diseases such as rickets, scurvy and diphtheria were common amongst children. 

    The solution was revolutionary – universal healthcare, publicly funded, free at the point of need.  

    And as the NHS’s founder, my predecessor, Nye Bevan, promised, the NHS lifted the shadow from millions of homes and eradicated the fear of illness from people’s hearts.  

    It has been one of the great levellers of our society. The greatest institution this country has ever built. 

    But as the NHS was neglected and left to decline after 2010, it contributed toward the widening gap between rich and poor. 

    Two-tier healthcare 

    Waiting times soared, and a 2-tier healthcare system emerged, where those who can afford it pay to go private, and everyone else was being left behind. 

    [political content removed] 

    The NHS was never intended to just be a safety net for those who cannot afford to pay.  

    Such a system would be doomed to ever-declining quality care. 

    Taxpayers would question why they continue to pay for a service they don’t use.  

    Inevitably, the NHS would become a poor service for poor people. 

    Since its foundation, we have always aspired to an NHS that is universal in provision so that everyone receives high-quality care.  

    [Political content removed] 

    With our Plan for Change, the NHS is on the road to recovery. Since the general election, we have: 

    • recruited an extra 1,700 GPs to the frontline 

    • delivered an extra 3.6 million appointments for planned care and delivered on our promised 2 million in our first year 

    • diagnosed an extra 187,000 suspected cancer patients on time 

    • cut waiting lists in the month of April for the first time in 17 years 

    • cut waiting lists to their lowest level in 2 years 

    • cut waiting lists by almost a quarter of a million patients

    Each one of those patients we have taken off the waiting list is free from pain and in some cases disability, because of the decisions this government has taken. 

    I’m not here to do victory laps. I know that for the almost a quarter of a million people who have received faster treatment, there are more than 7 million cases still waiting.  

    We’ve done a lot but there’s so much more to do. Especially for towns like Blackpool. 

    Tackling inequalities 

    While there are so many social determinants of ill-health that need to be addressed, the fact is that the NHS doesn’t do enough to address the unjust, unequal way in which illness presents itself in our country.  

    In fact, it sometimes entrenches it. 

    General practice was neglected and declined across the board for more than a decade [political content removed].  

    But that doesn’t explain why there are 300 more patients per GP in the poorest communities, compared with the richest. 

    As I spoke about on Monday, far too many parents and their babies have been failed by maternity services.  

    But failing services don’t explain why Black women are almost 3 times more likely to die from childbirth than White women. 

    Black men are twice as likely to get prostate cancer than White men.  

    But given we know the risk is greater, and given we know how to catch cancer early, that doesn’t explain these sorts of inequalities given the evidence is there. 

    For those in greatest need often receive the worst-quality healthcare.  

    This fact flies in the face of the values upon which the NHS was founded.  

    A core ambition of our 10 year plan is to restore the promise of the NHS, to provide first class healthcare for everyone in our country. 

    Whoever you are, whatever your background, wherever you live. 

    NHS solutions 

    [Political content removed] 

    It has fallen to this government to rebuild the NHS for all of us.  

    We are starting where the need is greatest. 

    [Political content removed] 

    We’ve sent crack teams of top clinicians to hospitals around the country, where the highest numbers of people are off work, off sick, to help them cut waiting lists faster. Therefore, getting people not just back to health but back to work. 

    We are delivering on our manifesto commitment to fill in dental deserts, by paying dentists extra to come to work in underserved areas. 

    And today I can announce that we will go further. 

    In recent years, billions of pounds have been put aside for NHS trusts who let their spending get out of control and run up deficits.  

    It’s essentially a bailout fund for poor financial management.  

    I am working with Jim Mackey, Chief Executive of the NHS, to end that culture of rewards for failure. 

    Thanks to the reforms we’ve made to bear down on wasteful spending, the fund will not go to trusts which run deficits this year. 

    We can reinvest that money in the frontline, so it isn’t spent on rewarding poor performance but to improving poor health. 

    The £2.2 billion will fund more effective care – such as innovative medicines, modern technology and services that keep people out of hospital – all going to the places where they are most needed. 

    GP practices serving more deprived areas receive 10% less funding per needs-adjusted patient than poorer parts of our country and have 300 more patients per GP as a result.  

    So, working with the British Medical Association, we will review how health need is reflected in funding for general practice (known to the wonks in the room as the Carr-Hill formula), with a sharp focus on money following need. 

    Where health needs are greatest and GPs fewest, we will prioritise investment to rebuild your NHS and rebuild the health of your community. 

    NHS as anchor institution 

    I said in my first week in this job, the NHS has a part to play in dragging our country out of the sluggish growth and low productivity the government inherited. 

    It is the biggest employer in many towns in England.  

    In coastal towns like Blackpool, where far more people are off work due to long-term sickness, the NHS has a dual role to play.  

    Not just getting patients off waiting lists and back to work, although we are doing that. 

    The health service should also act as an engine of local economic growth, giving opportunities in training and work to local people. 

    Working in the NHS is rightly seen as a high status, secure job.  

    But many people see it as unachievable and out of their reach. 

    On a visit to King George Hospital in my own neck of the woods, I saw first-hand a brilliant programme, Project SEARCH, that supports 17 to 19 year olds who are learning disabled and/or autistic, with internships that give them experience of a wide range of paying jobs, as well as coaching on things like preparing a CV and interview skills.  

    One of them, Muhammed Patel, shared with me how much he had loved the experience and hoped for a career in the NHS.  

    Months later, he messaged me on Instagram to tell me he’s got a job.  

    He’s not the only one.  

    Project SEARCH aims to get every young person on their programme a job in the NHS or with another employer and is succeeding.  

    So today we are launching a new pilot, backed by £5 million, to help recruit an additional 1,000 people to the NHS from areas worst hit by unemployment. 

    The programme will offer a ladder into the world of work for people who find it hardest to break out of unemployment, including over 50s, unpaid carers and disabled people. 

    They will gain the skills needed in health and care, alongside support with job applications and work placements, kickstarting what will hopefully be a long-term and rewarding career in our health and care sectors, where they will more than repay the investment we’re making in them today. 

    Patient power revolution 

    Finally, our 10 year plan will address one of the starkest health inequalities, which is often written out of this conversation. 

    It is the unequal access in our society to information, choice and control over our own healthcare. 

    When I was diagnosed with kidney cancer, colleagues in Parliament asked where I was being treated and who my surgeon was.  

    They just wanted to make sure I was receiving the best possible care.  

    Luckily, the NHS had already assigned me a world-class surgeon who saved my life.  

    But those are questions that my mum, a cleaner here in Lancashire, would never think to ask and would certainly never ask. 

    When the wealthy receive a diagnosis, they already know the best surgeons and can push to get the best care.  

    But working-class people can’t.  

    If the wealthy are told to wait months for treatment, they can shop around. But working-class people can’t.  

    And if the wealthy want instant information about their own health, they can pay for an app that allows them to speak to a doctor over the phone, 24/7.  

    But working-class people can’t. 

    This is not just grossly unfair. It presents an existential risk to the health service. 

    More than any other age group, this generation of young people are prepared to opt-out of the NHS.  

    Last year the biggest increase in private hospital admissions was for people under the age of 40.  

    Almost half of young people say they would consider going private if they needed care.  

    The NHS feels increasingly slow and outdated to the generation that organises their lives at the touch of a button.  

    If you get annoyed at Deliveroo not getting your dinner to you in less than an hour, how will you feel being told to wait a year for a knee operation? 

    A failure to modernise risks this generation walking away from the NHS, first for their healthcare and then with their taxes.  

    People won’t accept paying higher and higher taxes to fund a health service that no longer meets their needs. 

    And the lack of control people feel over their own lives is made worse by an analogue, ‘computer says no’, NHS. 

    We can only close this inequality and shut down this risk to the NHS’s future through a revolution in patient power.  

    The ambition of our 10 year plan is nothing less than to provide NHS patients with the same ease, convenience, power, choice and control that’s afforded to private patients. 

    The good news is that technology gives us the opportunity to democratise healthcare in a way never before possible.  

    It can empower patients with choice and control and make managing our healthcare as convenient as doing our shopping or banking online.  

    Technology can be the great leveller. 

    Look at what Martin Lewis, the Money Saving Expert, has done for personal finances.  

    For ordinary people who sign up to his newsletter – and I’m one of them – who could never afford their own financial adviser, it is simple and easy to make your hard-earned money go further – if you’ve got access to the right advice.  

    Our 10 year plan for health will do the same for NHS patients, giving them easy access to information to help them improve their health. 

    We will introduce a tool on the NHS App called My Companion.  

    It will provide all patients with information about their health condition, if they have one, or their procedure, if they need one.  

    It will get patients answers to questions they forgot or felt too embarrassed to ask in a face-to-face appointment.  

    So, the next time you’re at an appointment and you’re told something that doesn’t sound right, you will have at your fingertips the information you need to speak up confidently. 

    And we will give every patient meaningful choice, through a new tool called My Choices.  

    It will show patients everything from their nearest pharmacy to the best hospital for heart surgery across the country, with patients able to choose based on their preference.  

    If NHS providers know that their waiting times, health outcomes of their patients, and patient satisfaction ratings will all be publicly available, they will be inspired to respond to patient choice, raise their game and deliver services that patients value. 

    Not everyone will want a choice.  

    Many just want their local hospital.  

    That’s fine and will always be a default option.  

    But we know that at the root of many inequalities in health outcomes is a failure to listen to patients.  

    A ‘one size fits all’ approach often misses the distinct needs of women, people from ethnic minority backgrounds or people living in rural communities.  

    And we will only deal with the grotesque health inequalities in our society by empowering all patients. 

    Conclusion 

    In the months leading up to the founding of the NHS, Nye Bevan said: 

    For a while it may appear that everything is going wrong.  

    As a matter of fact, everything will be going right because people will be able to complain.  

    They complain now, but no one hears about it. 

    He promised that a National Health Service would put a “megaphone to the mouth of every complainant, so that it can be heard all over the country.”

    [political content removed] 

    We have always believed that public services exist to serve the interests of the pupil, the passenger, the patient above all else.    

    And the driving force behind the work this government does every day is the principle that whatever class you come from, everyone deserves world-class services. 

    We expect nothing less from what we expect for ourselves, and that is why we’re determined to get our NHS back on its feet, to make sure it’s fit for the future and put power in the hands of every patient. Thank you.

    Updates to this page

    Published 26 June 2025

    MIL OSI United Kingdom –

    June 26, 2025
  • MIL-OSI United Kingdom: Helping crisis-hit communities in the Democratic Republic of Congo

    Source: Scottish Government

    Scotland’s Humanitarian Emergency Fund activated.

    Oxfam Scotland and Tearfund have welcomed Scottish Government funding to deliver life-saving humanitarian aid in the Democratic Republic of Congo (DRC) where millions of people face hunger, insecurity and the devastating impacts of violence and forced displacement.

    Since January, more than three million people in the DRC have been forced to flee their homes as fighting by armed groups intensifies and humanitarian needs increase exponentially, triggering one of the world’s most urgent and complex crises.

    The £250,000 provided through the Humanitarian Emergency Fund (HEF) will be distributed to Oxfam Scotland and Tearfund, and through local partners, to support emergency relief efforts across eastern DRC – helping families pay for essentials such as food, fuel, shelter or hygiene items, as well as accessing urgent medical care, trauma services and safe transport.

    External Affairs Secretary Angus Robertson said:

    “The humanitarian crisis in the Democratic Republic of Congo is on a scale we can hardly imagine here in Scotland. Successive waves of violence are claiming the lives of civilians, including children, with millions forced to flee to temporary accommodation where conditions are deteriorating.

    “The situation is being worsened by the scaling back of humanitarian assistance by other international donors. While our funding may only make a small impact in the face of such overwhelming need, we are determined to stand behind our values and Scotland’s long and proud history of responding to humanitarian crises around the world.”

    Manenji Mangundu, Oxfam Scotland’s Country Director in the Democratic Republic of Congo, said:

    “Every day, our partners and colleagues are meeting mothers who’ve walked for miles with nothing but their children in their arms, desperately searching for safety. They’ve lost everything: their homes, their loved ones, their hope of a normal life. The scale of human suffering here is staggering.

    “The recent cuts to humanitarian funding have been devastating. We’ve had to make impossible choices about who gets clean water, medicine, or even a place to sleep.

    “That’s why support from the Scottish Government is so vital. With our local partner, it’s helping us reach people who would otherwise be left with nothing. But with millions still in desperate need, we urgently need other governments and donors to follow Scotland’s lead. Now is the time to step up, not step back.”

    Poppy Anguandia, Tearfund’s Country Director for the DRC, said:

    “We are incredibly grateful for this vital funding, which arrives at a critical time for communities in North Kivu. The intensification of conflict has led to widespread displacement and immense suffering, with many returnees in Malehe finding their homes destroyed and livelihoods lost.

    “This support will enable us to provide immediate, life-saving assistance where it’s needed most, directly addressing urgent needs for food and basic essentials for 925 conflict-affected households through multipurpose cash assistance, while also tackling the alarming rise in gender-based violence for 9,000 individuals through community awareness and support sessions.”

    Background

    The Humanitarian Emergency Fund (HEF) is an annual £1 million fund provided by the Scottish Government to respond to overseas humanitarian emergencies. The aim of the HEF is to provide immediate and effective assistance to reduce the threat to life and wellbeing (e.g., hunger, disease or death) for a large number of a population caused by disasters, disease or conflict.

    The HEF is administered by the Disasters Emergency Committee, and since its establishment in 2017, has been supported by a panel of representatives from eight leading humanitarian organisations in Scotland; Oxfam, The British Red Cross, Islamic Relief, Tearfund, Save the Children, Christian Aid, SCIAF and Mercy Corps. 

    MIL OSI United Kingdom –

    June 26, 2025
  • MIL-OSI United Kingdom: Successful Familiarisation Visit at Dan Winter’s Cottage

    Source: Northern Ireland City of Armagh

    Lord Mayor Alderman Stephen Moutray pictured with Colin, Cristine, and their son Robert Winter, Joanne McElmeel, Trade Liaison Officer at ABC Council, alongside representatives from 22 local tourism providers during a successful familiarisation visit to Dan Winter’s Cottage.

    Armagh City, Banbridge and Craigavon Borough Council welcomed 22 local tourism providers to Dan Winter’s Cottage, Loughgall as part of its ongoing Familiarisation Visits programme. The tour was titled ‘Mud walls of Memories’ was led by Colin and Christine from Dan Winters Cottage.

    The visit was an opportunity for providers to build confidence in recommending local experiences to their guests, while also encouraging collaboration and connection across the tourism and hospitality sectors. By fostering these relationships, the Council aims to create a more cohesive and compelling destination, driving increased visitor spend, longer stays, and repeat visits to our borough.

    Speaking about the event, Lord Mayor of Armagh City, Banbridge and Craigavon Borough Alderman Stephen Moutray said:

    “It’s inspiring to see so many passionate providers come together to celebrate and support our local tourism offering. Initiatives like this not only showcase the best of our Borough but also build the partnerships that are vital for long-term success. Together, we are shaping a destination that visitors will want to return to time and time again.”

    Colin Winter, Dan Winter’s Cottage welcomed guests:

    “We’re delighted to offer visitors a truly immersive experience that brings our local history to life. With ‘Mud Walls of Memories’, we’re offering more than just a tour—we’re inviting people to step into the past and connect with the stories that shaped Dan Winter’s Cottage. We’re proud to bring its history to life in a way that’s meaningful and memorable.”

    The council is committed to driving tourism for the borough by providing memorable and unique visitor experiences. It is through these initiatives that the council continues to showcase its rich heritage and stories, celebrating local landmarks, historic buildings, and immersive tours — delivering cultural experiences to domestic, national, and international audiences.

    The council provides ongoing support to local tourism and hospitality providers through the Tourism, Arts and Culture Department. For more information and advice contact:

    *protected email*

    MIL OSI United Kingdom –

    June 26, 2025
  • MIL-OSI New Zealand: Universities – Study offers hope for healing from spinal cord injuries – UoA

    Source: University of Auckland (UoA)

    Spinal cord injuries are currently incurable, with devastating effects on people’s lives, but now a trial at Waipapa Taumata Rau, University of Auckland offers hope for an effective treatment.

    Spinal cord injuries are currently incurable with devastating effects on people’s lives, but now a trial at Waipapa Taumata Rau, University of Auckland offers hope for an effective treatment.

    Spinal cord injuries shatter the signal between the brain and body, often resulting in a loss of function.
    “Unlike a cut on the skin, which typically heals on its own, the spinal cord does not regenerate effectively, making these injuries devastating and currently incurable,” says lead researcher Dr Bruce Harland, a senior research fellow in the School of Pharmacy at Waipapa Taumata Rau, University of Auckland.

    Before birth, and to a lesser extent afterwards, naturally occurring electric fields play a vital role in early nervous system development, encouraging and guiding the growth of nerve tissue along the spinal cord.

    Scientists are now harnessing this same electrical guidance system in the lab.

    An implantable electronic device has restored movement following spinal cord injury in an animal study, raising hopes for an effective treatment for humans and even their pets.

    “We developed an ultra-thin implant designed to sit directly on the spinal cord, precisely positioned over the injury site in rats,” Dr Harland says.

    The device delivers a carefully controlled electrical current across the injury site.

    “The aim is to stimulate healing so people can recover functions lost through spinal-cord injury,” Professor Darren Svirskis, director of the CatWalk Cure Programme at the University’s School of Pharmacy says, “Unlike humans, rats have a greater capacity for spontaneous recovery after spinal cord injury, which allowed researchers to compare natural healing with healing supported by electrical stimulation.

    After four weeks, animals that received daily electric field treatment showed improved movement compared with those who did not.

    Throughout the 12-week study, they responded more quickly to gentle touch.

    “This indicates that the treatment supported recovery of both movement and sensation,” Harland says.

    “Just as importantly, our analysis confirmed that the treatment did not cause inflammation or other damage to the spinal cord, demonstrating that it was not only effective but also safe.”

    This new study, published in a leading journal, has come out of a partnership between the University of Auckland and Chalmers University of Technology in Sweden. See Nature Communications [live 9pm 26 June].

    “Long term, the goal is to transform this technology into a medical device that could benefit people living with these life-changing spinal-cord injuries,” says Professor Maria Asplund of Chalmers University of Technology.

    “This study offers an exciting proof of concept showing that electric field treatment can support recovery after spinal cord injury,” says doctoral student Lukas Matter, also from Chalmers University.
    The next step is to explore how different doses, including the strength, frequency, and duration of the treatment, affect recovery, to discover the most effective recipe for spinal-cord repair.

    • Find out about animal-based research at the University of Auckland.

    MIL OSI New Zealand News –

    June 26, 2025
  • MIL-OSI Economics: Final Call for Samsung Solve for Tomorrow: Your Idea Could Be the Next Big Solution

    Source: Samsung

     
    Across cities and classrooms, from the heart of New Delhi to the bylanes of Kolhapur, thousands of students have stepped forward with one bold belief — “I can solve for tomorrow.” Now, as the last leg of Samsung Solve for Tomorrow roadshows draws to a close, the countdown begins for India’s young changemakers to turn their ideas into action.
     
    June 30 is the final day to apply for Samsung Solve for Tomorrow — a national innovation competition for 14-22-year-olds that has already ignited a movement across the country. Launched on April 29, 2025, the programme empowers students across India with design thinking tools, mentorship from Samsung and IIT Delhi experts, investor connects, prototyping support, and a chance to win INR 1 crore.
     
    But more than the prize, what truly defines this programme is purpose.
     
    Over the past weeks, open houses and roadshows have brought together students with extraordinary vision. In Delhi-NCR, students dreamt up mental health apps and AI-driven solutions for pollution. In Gujarat and Maharashtra, ideas around sustainable packaging, heritage revival, and inclusive education found a stage. In every city, one message rang clear — young India is ready to build real-world solutions for real-world problems.
     
    Now, it’s your turn.
     
    If you’ve ever looked at something broken in the world and thought, “Why isn’t anyone fixing this?” — maybe the answer is: because you’re the one meant to.
     
    Whether you want to help farmers with smarter irrigation, build a safer space for teenagers online, or make your city more accessible — your idea belongs here.
     
    Ishita, a student from Ghaziabad, shared, “This was the first time someone asked me what problem I wanted to solve. That changed everything.”
     
    Aakash, a student from Pune, added, “I stopped waiting for the ‘right time’ and started building. Solve for Tomorrow made me believe my idea mattered.”
     
    Their stories are just the beginning. Yours could be next.
     
    Samsung Solve for Tomorrow is not about being a genius coder or a tech expert — it’s about empathy, curiosity, and the courage to try. It’s for students who dream of a cleaner city, safer roads, healthier communities, and a future where no voice is left unheard.
     
    And if you’re reading this, maybe it’s for you.
     
    Apply before June 30, 2025
     
    This is your last chance to turn your idea into impact.
     
    Let’s build the future — one bold idea at a time.
     
    Let’s Solve for Tomorrow.
     

    MIL OSI Economics –

    June 26, 2025
  • MIL-OSI Economics: 19th Meeting of the ASEAN-Japan Joint Cooperation Committee convenes

    Source: ASEAN

    The 19th Meeting of the ASEAN-Japan Joint Cooperation Committee (AJJCC) was held today on 26 June 2025 at the ASEAN Headquarters/ASEAN Secretariat. The Meeting reviewed the progress of ASEAN-Japan cooperation under the Comprehensive Strategic Partnership and discussed its future direction, including preparation for the 28th ASEAN-Japan Summit in October this year.
     

    MIL OSI Economics –

    June 26, 2025
  • MIL-OSI Africa: Standard Transfer Specification (STS) Webinar Now Available On-Demand to Empower Utilities with Smart Metering Solutions

    ESI Africa, in collaboration with the STS Association, is excited to announce that the recent webinar, “STS – The Evolution into Smart Metering,” is now available on-demand. This insightful session provides utilities, municipalities, and energy professionals with a comprehensive guide to leveraging the Standard Transfer Specification (STS) for efficient and interoperable prepayment metering.

    The webinar explores the globally accepted STS ecosystem, a South African-developed technology powering over 70 million smart meters worldwide. Key discussions include the benefits of the Key Management Centre, implementation strategies, and the interoperability of STS-compliant systems, enabling municipalities to work seamlessly with multiple vendors while ensuring secure transactions.

    Riccardo Pucci, Marketing Manager at the STS Association, emphasized the consumer and utility benefits of prepaid smart meters:
    “STS enables energy conservation by empowering consumers to monitor usage in real-time, enhances revenue flexibility by reducing billing disputes, and boosts operational efficiency by eliminating manual meter readings.”

    Franco Pucci, Technical Consultant, highlighted STS’s 25-year track record and its adaptability to modern technology, with access to 1,350 metering products for scalable solutions. The STS Association also offers extensive training resources, including user guides, manuals, and customizable in-person or online sessions, available through their website.

    The on-demand webinar includes expert commentary on audience poll results, addressing key challenges in prepayment systems, making it a valuable resource for utilities seeking practical solutions.

    Watch now at: https://apo-opa.co/3HTOVPT
     

    Distributed by APO Group on behalf of Vuka Group.

    For more information, contact:
    ESI Africa at  info@esi-africa.com
    www.STS.org.za for training and resources

    About ESI Africa:
    ESI Africa is the leading platform for African energy and sector coupling news, insights and webinars, connecting industry stakeholders with innovative solutions.

    About STS Association:
    The STS Association promotes the adoption of the Standard Transfer Specification, ensuring interoperable, secure, and scalable prepayment metering solutions globally.

    MIL OSI Africa –

    June 26, 2025
  • MIL-OSI Africa: Afreximbank Launches 2025 Report on African Trade in a Shifting Global Financial Landscape

    African Export-Import Bank (Afreximbank) (www.Afreximbank.com) today launched its flagship African Trade Report 2025, themed “African Trade in a Changing Global Financial Architecture”, during the Afreximbank Annual Meetings (AAM2025) in Abuja.

    Download Document: https://apo-opa.co/3FY7kKJ

    The report looks at the performance of Africa’s trade in a challenging global environment charaterised by rising geopolitical tensions, new trade barriers, and financial uncertainty—and analyses how the continent could leverage these challenges into opportunities to enhance its resilience and navigate the evolving landscape.

    Professor Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank, said: “This year’s report provides a compelling roadmap for Africa to reposition itself in a volatile global economy. From strengthening trade finance systems to accelerating the AfCFTA, the message is clear: Africa must turn global fragmentation into an opportunity for industrialisation, digital progress, and greater control over its financial systems.”

    Dr. Yemi Kale, Afreximbank’s Group Chief Economist and Managing Director of Research, added: “Despite global headwinds, Africa’s trade rebounded strongly in 2024, with trade between African countries growing by 12.4% to reach US$220.3 billion, from a contraction of 5.9% in 2023. This shows the tangible benefits of AfCFTA implementation, even as the continent contends with rising inflation, sovereign debt risks, and a persistent trade finance gap.”

    The report shows that Africa’s total merchandise trade recovered, surging by 13.9% in 2024, to US$1.5 trillion, following a 5.4% contraction in 2023. However, Africa still makes up only 3.3% of global exports. That’s a clear signal. The continent must do more by moving away from commodity exports and accelerating its industrialisation process if it is to enhance its integration into global value chains and boost intra-African trade. It also needs better access to trade finance to bridge the gap estimated at about US$100 billion.

    While the global economy slowed to 3.3% growth in 2024 and is expected to dip further in 2025, Africa held steady. The continent’s economy grew by 3.2%, helped by strong commodity prices and better public finances. Still, growth remains uneven across the continent.

    Afreximbank’s African Trade Report 2025 emphasises the importance of advancing the African Continental Free Trade Area (AfCFTA), which is becoming a foundation for trade resilience across the region. It also highlights the expanding use of the Pan-African Payment and Settlement System (PAPSS), which is helping to reduce reliance on foreign currencies and making cross-border trade more efficient.

    In addition, the report offers practical guidance on making trade rules and regulations more consistent across countries, unlocking investment from African institutions like pension funds and sovereign funds, and using Africa’s new seat in the G20 to push for overdue global reforms. This includes ensuring a fairer share of global financial resources, such as Special Drawing Rights, an international reserve currency created by the IMF and increasing access to climate finance. It also calls for changes in credit ratings to better reflect the strength and potential of African economies.

    The report highlights the growing significance of the Alliance of African Multilateral Financial Institutions (AAMFI), as it is increasing funding for development and helping to rebuild a financial ecosystem that works better for Africans. In 2024, Afreximbank alone disbursed more than US$17.5 billion in trade finance. It plans to increase that amount to US$40 billion by 2026.

    As Africa faces a rapidly changing global environment, the report offers more than just analysis. It provides a clear and practical plan for building a stronger, fairer, and more resilient African economy, driven from within the continent.

    Distributed by APO Group on behalf of Afreximbank.

    Media Contact:
    Vincent Musumba
    Communications and Events Manager (Media Relations)
    Email: press@afreximbank.com

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    About Afreximbank:
    African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra- and extra-African trade. For over 30 years, the Bank has been deploying innovative structures to deliver financing solutions that support the transformation of the structure of Africa’s trade, accelerating industrialisation and intra-regional trade, thereby boosting economic expansion in Africa. A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA. Working with the AfCFTA Secretariat and the AU, the Bank has set up a US$10 billion Adjustment Fund to support countries effectively participating in the AfCFTA. At the end of December 2024, Afreximbank’s total assets and contingencies stood at over US$40.1 billion, and its shareholder funds amounted to US$7.2 billion. Afreximbank has investment grade ratings assigned by GCR (international scale) (A), Moody’s (Baa1), China Chengxin International Credit Rating Co., Ltd (CCXI) (AAA), Japan Credit Rating Agency (JCR) (A-) and Fitch (BBB-). Afreximbank has evolved into a group entity comprising the Bank, its equity impact fund subsidiary called the Fund for Export Development Africa (FEDA), and its insurance management subsidiary, AfrexInsure (together, “the Group”). The Bank is headquartered in Cairo, Egypt.

    For more information, visit: www.Afreximbank.com

    MIL OSI Africa –

    June 26, 2025
  • MIL-OSI Africa: Oando Posts 172% Growth in Gross Profit in Q1 2025 Financial Report as Crude Oil Production Increases 132%


    Download logo

    Oando (www.OandoPLC.com), one of Africa’s leading indigenous energy solutions providers, has ended the first quarter of the year on a high with the publication of ₦933 billion revenue in its Q1 2025 unaudited results. This performance comes in the wake of its recent release of its 2024 FY Audited Financial Statement, where it reported a 44% year-on-year revenue increase to ₦4.1 trillion compared to ₦2.9 trillion in FY 2023 and a 267% increase in Profit-After-Tax to ₦220 billion.

    Oando, like a few indigenous oil and gas companies in Nigeria, who keyed into the International Oil Companies (IOCs) divestment of onshore assets, has begun reaping the gains of its acquisition of Nigerian Agip Oil Company (NAOC) from Italian oil giant, Eni.

    An analysis of Oando’s financials shows that the company’s turnover grew by 2% year-on-year to ₦933 billion in Q1 2025 compared to ₦915 billion in Q1 2024. Additionally, the company posted a 172% increase of ₦85 billion in Gross Profit in Q1 2025 compared to ₦31 billion in Q1 2024, reflecting stronger E & P margins. In its upstream business, crude oil production rose 132% to 11,369 bopd, gas volumes grew by 56% to 25,185 boepd, and NGL production increased 30% to 1,040 bpd. The company recorded zero lost-time injuries (LTIs) and 12.3 million LTI-free hours, underscoring continued HSE excellence. In addition, the company achieved average daily production of 37,595 boepd (within guidance), up 72% year-on-year, driven by the full consolidation of NAOC assets and well reactivations. The company was awarded operatorship of Block KON 13 in Angola, marking its strategic entry into the Kwanza Basin, Angola and expanding Oando’s African upstream footprint.

    Speaking on the Q1, 2025 financial results, Wale Tinubu CON, Group Chief Executive, Oando PLC remarks  “Q1 2025 marked a strong start to the year for us, with a 72% year-on-year increase in production volumes as a result of the successful integration of the NAOC assets into our portfolio, improved asset reliability and the reactivation of shut-in wells, reflecting early wins from our focus on operational efficiency and disciplined execution.

    Beyond Nigeria, we have expanded our regional presence with our entry into Angola’s Kwanza Basin marking a major milestone in scaling our upstream footprint across Africa. Similarly, being named preferred bidder for the Guaracara Refinery in Trinidad and Tobago demonstrates the strength of our integrated business model, our growing role in the Afro-Caribbean landscape, and a reflection of our evolution into a more geographically diversified energy company.”

    There is evidence of a trend in the upward financial trajectory in the industry, as Seplat recorded revenues of N1.228 trillion, a 350% increase. Similarly, Aradel reported revenues of ₦199.9 billion, up 97.6%, and Profit after Tax of ₦34.2 billion, up 55.3%.

    In its downstream trading business, Oando Trading reported six (6) crude oil cargos (5.96 MMbbl) traded in Q1 2025, up from four (4) cargos (4.86 MMbbl) in Q1 2024, driven by stronger offtake execution.

    In its renewable energy business, Oando Clean Energy (OCEL) recorded 53,941 EV rides in Q1 2025 and 42,779 kg of CO₂ emissions averted through two (2) operational e-buses under the electric mobility programme operating in Lagos.  It also successfully published Nigeria’s National Wind Resource Capacity Report, identifying state-level wind potential across the country.

    Speaking on the outlook for 2025, Wale Tinubu CON, commented “Following a transformative 2024, our priority is to maximize the value of our expanded upstream portfolio through targeted infrastructure upgrades, rig-less well interventions and an extensive drilling programme in the second half of the year. These activities are now enabled by the working capital we have secured, giving us financial flexibility to accelerate execution. We are also taking decisive action to restructure our balance sheet towards restoring financial resilience.”

    Oando is targeting a full-year production of 30–40 kboepd maintained, driven by a balanced capital programme of three (3) new wells, nine (9) workovers, and six (6) rig-less interventions. The company is also projecting capex of $250–270 million focused on drilling, infrastructure, and ESG projects, with a 20% cost reduction goal. The company has set a trading guidance for its Trading subsidiary of 25 – 35 MMbbl crude oil; 750,000 – 1,000,000 MT refined products. For its renewable energy arm, Oando targets the deployment of 50 electric buses and progress its solar PV module assembly plant toward Final Investment Decision (FID).

    These plans are strengthened by the company’s recent announcement of the successful upsizing of its reserve-based lending (“RBL2”) facility to $375 million. This critical financing will significantly improve the Company’s ability to achieve its production target of 100,000 barrels of oil per day (bopd) and 1.5 billion cubic feet (Bcf) of gas per day by the end of 2029.

    These Q1 2025 results reinforce the growing momentum among indigenous operators in Nigeria’s upstream sector, who are beginning to demonstrate operational efficiency and financial resilience following recent asset acquisitions. With a 2% rise in revenue, a remarkable 172% surge in gross profit to ₦85 billion, and a 72% increase in average daily production, all within guidance, Oando’s performance signals not just the viability of the transition from IOC to indigenous ownership, but also the increasing capacity of local players to deliver value and drive long-term growth in Nigeria’s energy landscape.

    Distributed by APO Group on behalf of Oando PLC.

    MIL OSI Africa –

    June 26, 2025
  • MIL-OSI Africa: Northern Ocean Chief Executive Officer (CEO) to Speak at African Energy Week (AEW) 2025 Amid African Market Expansion

    Africa’s premier energy event, African Energy Week (AEW) 2025: Invest in African Energies, will welcome Arne Jacobsen, CEO of international drilling contractor Northern Ocean, as a featured speaker. As operator of two of the world’s most advanced offshore drilling rigs, Northern Ocean’s participation is vital to discussions on Africa’s offshore hydrocarbons potential and the strategic role that service companies play in unlocking that potential. 

    Under Jacobsen’s leadership, Northern Ocean has expanded its footprint across Africa with its Deepsea Mira and Deepsea Bollsta rigs supporting major offshore projects since 2022. Notably, the Deepsea Mira played a key role in appraising TotalEnergies’ landmark Venus oil discovery offshore Namibia in 2024 and continued operations in the Orange Basin with the Tamboti-1X exploration well in early 2025. 

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

    In Q2 2025, the Deepsea Bollsta completed a one-well contract with a Chevron subsidiary in Namibia. Currently undergoing maintenance, the rig will remain stationed in Africa throughout 2025, underscoring Northern Ocean’s commitment to expanding its presence in the continent’s upstream oil and gas sector. In Ghana, Northern Ocean is advancing its strategic partnership with Springfield Group, following a successful well test on the Afina 1X appraisal well in Q4 2024. Plans are underway for a long-term field development contract utilizing the Deepsea Bollsta, expected to commence by mid-2025. 

    “Increasing offshore exploration is key to unlocking Africa’s vast energy resources and driving sustainable economic growth across the continent. Northern Ocean’s advanced drilling capabilities and steadfast commitment will play a critical role in transforming Africa’s estimated reserves into tangible development outcomes that benefit millions,” says NJ Ayuk, Executive Chairman, African Energy Chamber.  

    As major operators prepare to scale up exploration activities in South Africa and Namibia through 2025 and beyond, Northern Ocean is well-positioned to capitalize on this growth. AEW 2025: Invest in African Energies provides an ideal forum for Jacobsen to engage with governments, national oil companies and private sector leaders to forge long-term partnerships and secure new contracts. 

    Distributed by APO Group on behalf of African Energy Chamber.

    MIL OSI Africa –

    June 26, 2025
  • MIL-OSI China: Philippines will harm itself by “inviting wolves into the house”: Defense Spokesperson 2025-06-26 “‘Inviting wolves into the house’ will ultimately harm oneself and destroy one’s own home. We urge the Philippine side to take lessons from history and avoid repeating the same mistakes,” said Senior Colonel Zhang Xiaogang.

    Source: People’s Republic of China – Ministry of National Defense

      BEIJING, June 26 — “‘Inviting wolves into the house’ will ultimately harm oneself and destroy one’s own home. We urge the Philippine side to take lessons from history and avoid repeating the same mistakes,” said Senior Colonel Zhang Xiaogang, spokesperson for China’s Ministry of National Defense, at a regular press conference on Thursday.

      It is reported that the US plans to deploy another Typhon mid-range missile system in the Philippines. And the Philippine side claimed that the Navy-Marine Expeditionary Ship Interdiction System (NMESIS) would remain within the Philippines after its recent military exercise with the US, and serve as a deterrence to any party attempting to coerce or invade the Philippines.

      “The Asia-Pacific region is a high ground for peaceful development, rather than a wrestling ring for major-power rivalry,” said the spokesperson, pointing out that the Philippines has intensified its efforts to introduce strategic and tactical weapons, tied itself to the US war chariot, and become a co-conspirator in destabilizing the region. These actions severely violate the common interests of the peoples in the region.

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    MIL OSI China News –

    June 26, 2025
  • MIL-OSI China: China has confidence, capability to mitigate external economic shocks: official

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

    BEIJING, June 26 — A Chinese official said on Thursday that the country has the confidence and capability to mitigate the adverse impacts of external shocks on its economy and sustain sound economic development.

    The external environment is growing more complex, severe and uncertain, posing challenges to the stable growth of the global economy and trade, all of which may impact the steady operation of China’s economy, said Li Chao, spokesperson with the National Development and Reform Commission, the country’s top economic planner.

    China’s economy grew by 5.4 percent year on year in the first quarter of 2025, up from the 5 percent full-year growth rate recorded in 2024. It is targeting full-year economic growth of about 5 percent this year.

    With existing supportive policies continuing to take effect while new measures being rolled out, “we have the confidence and capability to mitigate the uncertainties and adverse impacts of external shocks, and sustain sound economic growth,” Li told a press conference.

    In particular, Li said, the country’s large-scale equipment upgrades and consumer goods trade-in programs have played a growing role in stabilizing investment, stimulating consumption, promoting economic transformation and improving people’s livelihood.

    Boosted by the consumer goods trade-in program, sales of household appliances, furniture and communication devices have registered rapid growth, with sales related to trade-ins surpassing 1.4 trillion yuan (about 195.48 billion U.S. dollars) so far this year, she said.

    The country has earmarked 300 billion yuan in ultra-long special treasury bonds to support the program in 2025, with the first two tranches of the funding, totaling 162 billion yuan, issued in January and April. The third batch of the funding will be allocated in July to support the implementation of the program, Li said.

    MIL OSI China News –

    June 26, 2025
  • MIL-OSI China: Beijing SOEs drive innovation with tech, green solutions

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

    Beijing’s state-owned enterprises (SOEs) are accelerating innovation and growth by embracing advanced technology, digital tools and green initiatives as part of efforts to boost high-quality development.

    At Beijing Jingcheng Machinery Electric Holding Co.’s (JCMEH) Smart Manufacturing Innovation Center in Yizhuang, advanced robots demonstrate high-precision skills, from juggling ping-pong balls thousands of times to maneuvering probes through tight spaces.

    Wang Kai, head of investment development at JCMEH, said robotics is a strategic growth industry for Beijing.

    The company’s Paitian Robot is gaining market influence across various industrial applications, and robotics is becoming a significant and growing part of the company’s revenue.

    Beijing’s East Sixth Ring Road Tunnel now uses a “smart brain” platform to instantly detect anomalies, alerting staff with live video and key details within seconds to enable rapid emergency responses.

    Liu Cheng, head of technology development for the platform, said the system uses more than 80,000 sensors to gather detailed, real-time data.

    Building on this success, parent company Beijing Capital Highway Development Group is expanding its digital push with its One Map system for expressway management and AI-powered toll collection.

    Green and intelligent manufacturing is on full display at BAIC BJEV’s super factory in Miyun Park, part of Zhongguancun Science Park. The plant, with an annual capacity of 120,000 vehicles, is largely automated, using more than 600 robots for stringent quality control.

    Wang Hui, general manager of the factory, said that key processes in stamping, body and painting workshops are fully automated. The facility also uses green technologies such as silane pre-treatment, achieving zero energy and heavy metal emissions in painting and recycling more than 80% of its air.

    This commitment to advanced, intelligent and green practices has made it the only auto factory in Beijing to meet strict water source protection standards, setting a new benchmark for manufacturing in the capital.

    MIL OSI China News –

    June 26, 2025
  • MIL-OSI China: Beijing’s commercial space sector shoots for new heights

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

    Beijing’s Haidian district is rapidly emerging as a hub for China’s commercial space industry, boasting over 300 high-tech enterprises in the sector and the nation’s most comprehensive industry chain, officials said at a recent press event.

    GalaxySpace, based in Haidian district, is China’s first unicorn in commercial aerospace and satellite internet. The company has logged several milestones, including launching the country’s first flat-panel satellite powered by flexible solar panels and pioneering mass production of low-orbit broadband communication satellites. GalaxySpace also built China’s first low-orbit broadband test network and oversaw the first overseas deployment of China’s low-orbit satellite internet.

    The cost to launch a satellite has drastically fallen from over a billion yuan to the millions in recent years, thanks to continuous technological breakthroughs and innovation in manufacturing.

    GalaxySpace has built a manufacturing line that integrates human-machine collaboration, using assembly robots, intelligent equipment and digital manufacturing systems.

    The line supports the full production process for satellites weighing between 100 and 2,000 kilograms, with an annual capacity of 100 to 150 medium-sized satellites. The approach has shortened the development cycle by 80%, making true mass production possible.

    As a result, GalaxySpace’s supplier network has expanded from just over 100 partners in 2018 to more than 1,300 today, with more than half being private enterprises.

    Beijing’s commercial space industry now covers the entire value chain, from launch vehicles and satellite manufacturing to ground stations, terminal equipment and satellite application services, creating the most comprehensive ecosystem of its kind in China.

    Looking ahead, the city plans to accelerate technological innovation, with plans to achieve orbital recovery and reusable rocket flights by around 2026.

    MIL OSI China News –

    June 26, 2025
  • MIL-OSI China: Beijing highlights successes on National Low-Carbon Day

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

    A themed event was held in Beijing on Wednesday to mark the 13th National Low-Carbon Day, highlighting the city’s thriving carbon market and leadership in green development.

    The carbon market serves as a crucial tool in addressing climate change and accelerating a green, low-carbon transformation of the economy.

    Beijing began piloting a carbon emissions trading scheme in 2013, putting in place a regulatory framework supported by local laws, government guidelines and technical standards.

    At the event, officials noted that major emitters, particularly those with significant carbon output, have achieved substantial reductions.  

    Companies in Beijing now receive about 0.06 yuan in compensation from the carbon market for every kilowatt-hour of green electricity consumed, delivering clear economic benefits.

    Driven by these incentives, green electricity consumption by key emitters continues to grow. In 2024, over 140 companies participated in green electricity trading, representing nearly 70% of all transactions in the city’s carbon market.

    Five low-carbon projects from Beijing were named among the nation’s outstanding initiatives during the event.

    MIL OSI China News –

    June 26, 2025
  • MIL-OSI China: China’s non-financial ODI up 2.3% in first five months

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

    China’s non-financial outbound direct investment (ODI) rose 2.3 percent year on year in the first five months this year, official data showed Thursday.

    Total non-financial ODI of the country amounted to 61.6 billion U.S. dollars during the period, according to the data released by the Ministry of Commerce. 

    MIL OSI China News –

    June 26, 2025
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