NewzIntel.com

Category: Asia Pacific

  • MIL-OSI New Zealand: Tech Policy – Workers absent from government’s AI “strategy” – CTU

    Source: New Zealand Council of Trade Unions Te Kauae Kaimahi 

    The New Zealand Council of Trade Unions Te Kauae Kaimahi is concerned that the artificial intelligence (AI) “strategy” document released today by the Government ignores impacts on working people and replicates the corporate hype of Microsoft and other tech giants.

    “It is crucial that no workers are left behind as AI usage increases, and so it is deeply concerning that workers are absent from the document released by the Government today,” said NZCTU President Richard Wagstaff.

    “AI technologies do provide opportunities for improving productivity and the quality of service. But this will only happen if workers are actively engaged on the implementation and governance of these technologies.

    “Workers also need to be properly trained on how to use AI safely and productively, but the strategy released today fails to set out a coherent plan for achieving this.

    “Some workers, particularly in clerical and administrative roles, are at a high risk of being displaced by AI. We need to deliver a just transition for any workers negatively affected by AI by supporting them to retrain and find good work.

    “The strategy also skates over the very real risks that AI technologies pose for workers. This includes the severe health and safety risks associated with AI surveillance systems, productivity monitoring, and automated management.

    “The “light touch” approach proposed by the Government will do nothing to protect New Zealand workers from the serious risks posed by AI,” said Wagstaff.

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Health – NZNO welcomes Te Whatu Ora backdown on Wellington maternity services – NZNO

    Source: New Zealand Nurses Organisation

    Te Whatu Ora’s decision to pull the plug on a trial to take beds away from Wellington Hospital’s maternity and gynaecology wards is the right decision, NZNO says.
    It was revealed yesterday that Wellington Hospital was cutting  beds from its maternity and gynaecology wards in a trial designed to make more room for patients from its overcrowded Emergency Department.
    The New Zealand Nurses Organisation Tōputanga Tapuhi Kaitiaki o Aotearoa (NZNO) raised concerns it would put the health care of women and their newborn babies at risk.
    NZNO Chief Executive Paul Goutler says Te Whatu Ora’s backdown is welcome.
    “This is the right thing to do. Mums and their new babies will be provided with better health care and it will improve the wellbeing of their whānau.
    “It’s good that Te Whatu Ora listened to health care workers on matters such as this. However, it still doesn’t address staffing issues for midwives and nurses,” Paul Goulter says.

    MIL OSI New Zealand News –

  • MIL-OSI Banking: Secretary-General of ASEAN joins ASEAN Foreign Ministers in an Interface with Representatives of AICHR

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, today participated in the ASEAN Foreign Ministers’ Interface with Representatives of the ASEAN Intergovernmental Commission on Human Rights (AICHR), held on the sidelines of the 58th ASEAN Foreign Ministers’ Meeting (AMM) and Related Meetings, in Kuala Lumpur, Malaysia. The Interface saw candid exchanges between the Ministers and AICHR Representatives on human rights in the region and highlighted the important role of AICHR in supporting ASEAN’s efforts in achieving its Community Vision 2045. The AICHR representatives also submitted the AICHR Annual Report 2025 to the 58th AMM for notation.

    The post Secretary-General of ASEAN joins ASEAN Foreign Ministers in an Interface with Representatives of AICHR appeared first on ASEAN Main Portal.

    MIL OSI Global Banks –

  • MIL-OSI Asia-Pac: Enhancement Arrangements for Offshore RMB Bond Repurchase Business announced by HKMA

    Source: Hong Kong Government special administrative region

    The following is issued on behalf of the Hong Kong Monetary Authority:

    The Hong Kong Monetary Authority (HKMA) announced today (July 8) enhancements to the offshore RMB bond repurchase (repo) business (Note 1), to facilitate the participation of Northbound Bond Connect investors in repo business. In particular, the enhancements include:

    1. Supporting the rehypothecation of bond collaterals during the repo period (Note 2):

    The offshore RMB repo business has been well received by the market since its official launch on February 10, 2025. In this initial phase, the bond collaterals acquired by participating institutions are locked and managed by the Central Moneymarkets Unit (CMU) platform and cannot be re-used during the repo period. In consultation with relevant Mainland authorities and taking into account industry feedback, we will allow rehypothecation of bond collateral during the repo period, bringing this into alignment with international market practice. The enhancement will facilitate more efficient use of collaterals, reduce the financing costs for market participants, and enhance the efficiency of liquidity management.

    In particular, bond collaterals can be re-used during the repo period in four specific use cases: a) for re-use in offshore repo transactions; b) as collateral for the HKMA’s RMB Liquidity Facility; c) as margin collateral at OTC Clearing Hong Kong Limited (OTCC); and d) for cash bond trading through Northbound Bond Connect. Participating institutions shall follow relevant policies and operational rules for the respective use cases when re-using the collateral (for instance, if the collateral is re-used in a new offshore repo transaction during the repo period, the participating institution should follow the latest arrangements of offshore RMB repo business as set out further below).

    2. Supporting cross-currency repo (including HKD, USD and EUR):

    At present, offshore RMB repo can only be settled in RMB. With the enhancement, settlement in other currencies (including HKD, USD and EUR) will be supported, with a view to facilitating participating institutions’ multi-currency funding activities by collateralising onshore RMB bond holdings, enriching their liquidity management tools, and hence increasing the attractiveness of onshore bonds.

    These two enhancement measures aim to adopt international market best practices and enhance operational efficiency. They will further expand the depth and breadth of the offshore repo market, improve the market-based mechanism for offshore RMB liquidity management, and broaden the use of onshore RMB bonds as collateral in the offshore market.

    The above arrangements will be officially launched on August 25, 2025.

    Latest Arrangements of Offshore RMB Repo Business

    To facilitate the smooth implementation of the enhancement measures, the latest arrangements for offshore RMB repo transactions (including repo transactions conducted using bond collateral acquired through a repo transaction) are set out as follows:

    1. Participating Institutions:

    All existing Northbound Bond Connect investors, including CMU members and offshore investors with CMU sub-accounts opened through Hong Kong custodian banks that are CMU members.

    2. Eligible Bonds:

    Bonds held by participating institutions under Northbound Bond Connect, and bond collaterals acquired through offshore repo transactions, regardless of bond type.

    3. Market Maker Arrangement:

    The 11 Primary Liquidity Providers designated by the HKMA (Note 3) will serve as market makers. Each repo transaction must involve at least one of these market makers as a counterparty.

    4. Transaction and Settlement Arrangements:

    (a) Master Agreement: Participants may choose their own repo agreement template (e.g., Global Master Repurchase Agreement (GMRA) or National Association of Financial Market Institutional Investors (NAFMII)’s Bond Repurchase Master Agreement, etc.).

    (b) Trading Arrangement: Transactions may be conducted:
     

    1. bilaterally over-the-counter;
    2. in the same manner as existing Northbound Bond Connect transactions, and via the linkage between the infrastructures in the onshore and offshore markets;
    3. through offshore electronic trading platforms; or
    4. through onshore electronic trading platform.

    (c) Settlement Arrangement: Settlement will be completed under the Repo Service by CMU. Settlement currencies include RMB, HKD, USD and EUR.

    5. Data Reporting:

    Market makers are required to report repo transaction data (Note 4) to the HKMA on the same day of the transaction for market monitoring purpose. The HKMA will further communicate with the market makers to finalise the reporting requirements and submission channels.

    The operational details for bond transfer and settlement will be announced by CMU separately. The HKMA will continue to closely monitor market conditions to ensure orderly market operations. The HKMA will also maintain communication with the industry and review and adjust the arrangements as appropriate to support the robust and sustainable development of offshore RMB business.

    Note 1: The HKMA announced the launch of offshore RMB bond repo business on January 13, 2025 (please refer to the HKMA press release). This measure was implemented on February 10, 2025.

    Note 2: Operational details will be announced by CMU later. Currently, the rehypothecation of bond collateral is only applicable to repo transactions settled in the Delivery versus Payment model. The timeline for CMU’s tri-party repo service to support the rehypothecation of bond collateral will be notified separately in due course.

    Note 3: Including 1) Agricultural Bank of China Limited, 2) Bank of China (Hong Kong) Limited, 3) Bank of Communications Co., Ltd., 4) BNP Paribas, 5) China CITIC Bank International Limited, 6) China Construction Bank (Asia) Corporation Limited, 7) Citibank, N.A., 8) Hang Seng Bank Limited, 9) The Hongkong and Shanghai Banking Corporation Limited, 10) Industrial and Commercial Bank of China (Asia) Limited and 11) Standard Chartered Bank (Hong Kong) Limited.

    Note 4: The specific information to be reported includes: names of the trading institutions (including both the repo party and the reverse repo party), total amount of funds borrowed by the repo party, bond name, bond code, repo term, total face value, repo rate, transaction/first settlement date, settlement amount, trading platform/means, default-related information etc.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Agenda of tomorrow’s LegCo meeting revised

    Source: Hong Kong Government special administrative region

    The following is issued on behalf of the Legislative Council Secretariat: 

         The agenda of the Legislative Council (LegCo) meeting, scheduled for tomorrow (July 9) at 11am in the Chamber of the LegCo Complex, has been revised.

         The Legislative Council (Powers and Privileges) (Amendment) Bill 2025 will be introduced into the Council for the First Reading and the Second Reading. The Second Reading debate on the Bill will be adjourned.

         For the latest agenda items of tomorrow’s LegCo meeting, please refer to the LegCo Website: www.legco.gov.hk/yr2025/english/counmtg/agenda/cm20250709.htm.

    MIL OSI Asia Pacific News –

  • MIL-OSI: Aurora Mobile Partners with HashNut to Advance Stablecoin Adoption for Web3 Payments and Broader Use Cases

    Source: GlobeNewswire (MIL-OSI)

    SHENZHEN, China, July 08, 2025 (GLOBE NEWSWIRE) — Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading provider of customer engagement and marketing technology services in China, today announced a strategic partnership with HashNut, a leading crypto payment solution provider. This collaboration will drive the adoption of stablecoins for Web3 payments and digital applications, advancing the global circulation and commercialization of digital assets.

    Aurora Mobile has already begun integrating HashNut’s Web3 payment system into several products targeting Southeast Asia and global markets. This move will enable annual stablecoin settlement volumes – including USDT and USDC – to reach several million US dollars. Leveraging HashNut’s technological expertise in on-chain fund management and smart contract payments, Aurora Mobile will significantly improve digital payment experiences in overseas markets, optimizing capital turnover efficiency.

    Going forward, the partnership will extend beyond Aurora Mobile’s current ecosystem with both companies planning to co-develop stablecoin payment solutions designed to provide compliant, secure, and efficient digital payment and clearing infrastructure for overseas clients and Chinese companies expanding globally. These solutions will be applied to cross-border advertising, digital content distribution, in-app economies, and SaaS subscriptions, helping advance the large-scale adoption of digital assets in emerging markets.

    Both companies will use Hong Kong as a strategic hub and its forward looking global digital finance and stablecoin regulatory frameworks to collaborate with licensed stablecoin projects and local financial clearing networks. Together, they will develop a more transparent, secure, and compliant system for fund flows, reinforcing Hong Kong’s position as a global financial center and innovation hub for digital assets.

    Mr. Weidong Luo, Founder, Chairman and CEO of Aurora Mobile, commented, “HashNut’s technical capabilities in transparent on-chain payments and smart contract custody empower us to deliver a highly competitive digital payment experience to global customers. We will work closely going forward to develop open and accessible stablecoin solutions, enabling more Chinese businesses to expand globally and helping overseas clients thrive in the digital economy.”

    HashNut’s CEO and Founder, Mr. Edward Du, stated, “Aurora Mobile’s robust presence in the global developer ecosystem, big data, and enterprise service markets uniquely positions it to advance stablecoin payment adoption. This strategic partnership will enhance Aurora Mobile’s products and provide next-generation stablecoin infrastructure for clients globally.”

    Aurora Mobile and HashNut are committed to expanding their partnership across more regions and markets. Together, they will drive the compliance and standardization of stablecoins and decentralized payments in Web3 applications, creating greater value for companies and users globally.

    About Aurora Mobile Limited

    Founded in 2011, Aurora Mobile (NASDAQ: JG) is a leading provider of customer engagement and marketing technology services in China. Since its inception, Aurora Mobile has focused on providing stable and efficient messaging services to enterprises and has grown to be a leading mobile messaging service provider with its first-mover advantage. With the increasing demand for customer reach and marketing growth, Aurora Mobile has developed forward-looking solutions such as Cloud Messaging and Cloud Marketing to help enterprises achieve omnichannel customer reach and interaction, as well as artificial intelligence and big data-driven marketing technology solutions to help enterprises’ digital transformation.

    For more information, please visit https://ir.jiguang.cn/.

    Safe Harbor Statement

    This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, the Business Outlook and quotations from management in this announcement, as well as Aurora Mobile’s strategic and operational plans, contain forward-looking statements. Aurora Mobile may also make written or oral forward-looking statements in its reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Aurora Mobile’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Aurora Mobile’s strategies; Aurora Mobile’s future business development, financial condition and results of operations; Aurora Mobile’s ability to attract and retain customers; its ability to develop and effectively market data solutions, and penetrate the existing market for developer services; its ability to transition to the new advertising-driven SAAS business model; its ability to maintain or enhance its brand; the competition with current or future competitors; its ability to continue to gain access to mobile data in the future; the laws and regulations relating to data privacy and protection; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the Securities and Exchange Commission. All information provided in this press release and in the attachments is as of the date of the press release, and Aurora Mobile undertakes no duty to update such information, except as required under applicable law.

    For more information, please contact:

    Aurora Mobile Limited
    E-mail: ir@jiguang.cn

    Christensen

    In China
    Ms. Xiaoyan Su
    Phone: +86-10-5900-1548
    E-mail: Xiaoyan.Su@christensencomms.com

    In US
    Ms. Linda Bergkamp
    Phone: +1-480-614-3004
    Email: linda.bergkamp@christensencomms.com

    The MIL Network –

  • MIL-OSI: Aurora Mobile Partners with HashNut to Advance Stablecoin Adoption for Web3 Payments and Broader Use Cases

    Source: GlobeNewswire (MIL-OSI)

    SHENZHEN, China, July 08, 2025 (GLOBE NEWSWIRE) — Aurora Mobile Limited (NASDAQ: JG) (“Aurora Mobile” or the “Company”), a leading provider of customer engagement and marketing technology services in China, today announced a strategic partnership with HashNut, a leading crypto payment solution provider. This collaboration will drive the adoption of stablecoins for Web3 payments and digital applications, advancing the global circulation and commercialization of digital assets.

    Aurora Mobile has already begun integrating HashNut’s Web3 payment system into several products targeting Southeast Asia and global markets. This move will enable annual stablecoin settlement volumes – including USDT and USDC – to reach several million US dollars. Leveraging HashNut’s technological expertise in on-chain fund management and smart contract payments, Aurora Mobile will significantly improve digital payment experiences in overseas markets, optimizing capital turnover efficiency.

    Going forward, the partnership will extend beyond Aurora Mobile’s current ecosystem with both companies planning to co-develop stablecoin payment solutions designed to provide compliant, secure, and efficient digital payment and clearing infrastructure for overseas clients and Chinese companies expanding globally. These solutions will be applied to cross-border advertising, digital content distribution, in-app economies, and SaaS subscriptions, helping advance the large-scale adoption of digital assets in emerging markets.

    Both companies will use Hong Kong as a strategic hub and its forward looking global digital finance and stablecoin regulatory frameworks to collaborate with licensed stablecoin projects and local financial clearing networks. Together, they will develop a more transparent, secure, and compliant system for fund flows, reinforcing Hong Kong’s position as a global financial center and innovation hub for digital assets.

    Mr. Weidong Luo, Founder, Chairman and CEO of Aurora Mobile, commented, “HashNut’s technical capabilities in transparent on-chain payments and smart contract custody empower us to deliver a highly competitive digital payment experience to global customers. We will work closely going forward to develop open and accessible stablecoin solutions, enabling more Chinese businesses to expand globally and helping overseas clients thrive in the digital economy.”

    HashNut’s CEO and Founder, Mr. Edward Du, stated, “Aurora Mobile’s robust presence in the global developer ecosystem, big data, and enterprise service markets uniquely positions it to advance stablecoin payment adoption. This strategic partnership will enhance Aurora Mobile’s products and provide next-generation stablecoin infrastructure for clients globally.”

    Aurora Mobile and HashNut are committed to expanding their partnership across more regions and markets. Together, they will drive the compliance and standardization of stablecoins and decentralized payments in Web3 applications, creating greater value for companies and users globally.

    About Aurora Mobile Limited

    Founded in 2011, Aurora Mobile (NASDAQ: JG) is a leading provider of customer engagement and marketing technology services in China. Since its inception, Aurora Mobile has focused on providing stable and efficient messaging services to enterprises and has grown to be a leading mobile messaging service provider with its first-mover advantage. With the increasing demand for customer reach and marketing growth, Aurora Mobile has developed forward-looking solutions such as Cloud Messaging and Cloud Marketing to help enterprises achieve omnichannel customer reach and interaction, as well as artificial intelligence and big data-driven marketing technology solutions to help enterprises’ digital transformation.

    For more information, please visit https://ir.jiguang.cn/.

    Safe Harbor Statement

    This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Among other things, the Business Outlook and quotations from management in this announcement, as well as Aurora Mobile’s strategic and operational plans, contain forward-looking statements. Aurora Mobile may also make written or oral forward-looking statements in its reports to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Aurora Mobile’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Aurora Mobile’s strategies; Aurora Mobile’s future business development, financial condition and results of operations; Aurora Mobile’s ability to attract and retain customers; its ability to develop and effectively market data solutions, and penetrate the existing market for developer services; its ability to transition to the new advertising-driven SAAS business model; its ability to maintain or enhance its brand; the competition with current or future competitors; its ability to continue to gain access to mobile data in the future; the laws and regulations relating to data privacy and protection; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the Securities and Exchange Commission. All information provided in this press release and in the attachments is as of the date of the press release, and Aurora Mobile undertakes no duty to update such information, except as required under applicable law.

    For more information, please contact:

    Aurora Mobile Limited
    E-mail: ir@jiguang.cn

    Christensen

    In China
    Ms. Xiaoyan Su
    Phone: +86-10-5900-1548
    E-mail: Xiaoyan.Su@christensencomms.com

    In US
    Ms. Linda Bergkamp
    Phone: +1-480-614-3004
    Email: linda.bergkamp@christensencomms.com

    The MIL Network –

  • Bihar govt approves 35 percent job quota for women, sets up Youth Commission

    Source: Government of India

    Source: Government of India (4)

    The Nitish Kumar-led Bihar government on Tuesday approved 35 percent reservation in all state government jobs for women who are permanent residents of the state.

    The decision was taken at a cabinet meeting chaired by Chief Minister Nitish Kumar, which also cleared 43 other key proposals.

    “Only women native to the state will be eligible for 35 percent horizontal reservation in direct recruitment across all government service cadres in Bihar,” said Chief Secretary S. Siddharth at a press briefing following the meeting.

    The cabinet also approved the formation of the Bihar Youth Commission, aimed at empowering the state’s youth and expanding their access to employment and skill development.

    Announcing the decision on X, Chief Minister Nitish Kumar said: “I am happy to inform you that with the goal of providing maximum employment opportunities to Bihar’s youth, training them, and making them self-reliant and capable, the state government has decided to form the Bihar Youth Commission. This has also been approved by the cabinet today.”

    The commission will serve as an advisory body to the state government on all matters related to youth development. It will coordinate with various departments to enhance access to education, skill training, and employment opportunities.

    The commission will include one chairperson, two vice-chairpersons, and seven members.

    “The commission will monitor that local youth of the state are given priority in private sector jobs within Bihar, while also protecting the interests of those studying and working outside the state,” Kumar said.

    A key focus of the commission will be addressing social challenges, including the prevention of alcohol and drug abuse among youth. It will regularly submit recommendations to the government on such challenges as part of its broader mandate.

    Describing the initiative as “visionary,” Kumar said the objective is to make Bihar’s youth skilled, self-sufficient, and employment-ready, thereby ensuring a secure future.

  • With 8% of world’s reserves, India poised to play key role in rare earth elements supply chain

    Source: Government of India

    Source: Government of India (4)

    India holds 8 per cent of the world’s rare earth element reserves, which gives it the potential of playing a key role in the gradually evolving global supply landscape as China’s current dominance is projected to decline, according to a CareEdge report released on Tuesday.

    While China currently plays a leading role in both mining and refining, its projected share is expected to decrease from 69 per cent to 51 per cent in mining and from 90 per cent to 76 per cent in refining by 2030, as per the International Energy Agency.

    This trend reflects a broader international effort to develop more balanced and resilient supply chains.

    Despite India’s huge reserves, the country contributes less than 1 per cent of global Rare Earth Element (REE) mining, which prompted the Government to launch the National Critical Mineral Mission (NCMM) in 2025 to build India’s self-reliance in the mineral sector.

    India has recognised 130 deposits as of the 2023 Indian Minerals Yearbook, of which the coastal states have the most rare earth deposits, namely Tamil Nadu, Kerala, Andhra Pradesh, and Odisha. The recent curbs by China on REE exports have made Indian Rare Earths Limited (IREL), a central government undertaking, consider reducing its exports to save rare earths in the home country and expand domestic processing, the CareEdge report pointed out.

    The importance of REEs extends across a range of sectors, particularly in areas such as clean energy technologies, the automotive sector, and defence systems. For nations with high-tech defence and infrastructure programs, consistent access to REEs is essential to avoid potential disruptions that could lead to cost overruns or delayed deployment timelines, the report states.

    In the near term, however, global reliance on the existing dominant supply source is likely to persist. Despite increasing investments in exploration in mining and processing around the world, alternative supply chains have not yet reached the scale or consistency required to substantially displace current sourcing patterns, it further states,

    The pace at which these alternative supply networks develop will be essential. Increasing investment, simplifying permitting procedures, and encouraging international cooperation are key to lowering concentration risks. As these initiatives gain momentum, the global REE landscape is expected to become more diverse and resilient, enabling critical sectors to remain well-supported amid shifting geopolitical and economic conditions, the report further states.

    It also pointed out that since 2020, the US Department of Defence has invested more than $439 million to establish domestic rare earth element supply chains. However, refining remains a major hurdle, as much of the ore extracted in the US is currently shipped to China for refining.

    With China repeatedly capitalising on the supply of rare earth elements to gain leverage in its trade war with the US, the latter is forging partnerships with other countries to reduce its dependency on China.

    (IANS)

  • ‘No palm oil’ label is misleading marketing tactic, says IFBA

    Source: Government of India

    Source: Government of India (4)

    The Indian Food and Beverage Association (IFBA) has termed the growing trend of “No Palm Oil” labels on consumer products as misleading and described it as a marketing gimmick rather than a scientifically backed health claim.

    In a statement issued on Tuesday, the association expressed concern that selective branding tactics were creating confusion among consumers, despite palm oil being widely used and consumed in India since the 19th century.

    “Palm oil has a recognised role in a healthy and balanced diet. Despite this, labels such as ‘No Palm Oil’ mislead consumers by prioritising marketing over science,” said Deepak Jolly, Chairperson of the IFBA, citing the Ministry of Health’s dietary guidelines.

    The association pointed out that palm oil is among the most affordable and versatile edible oils, used extensively by leading global brands due to its long shelf life and nutritional stability.

    It also cautioned that the rise of such labelling practices is encouraging consumers to make food choices based on social media trends rather than verified scientific evidence. “These narratives distract from the importance of overall nutritional balance and can undermine India’s efforts towards self-reliance, ultimately harming farmers, producers, consumers and the national economy,” Jolly said.

    India consumes about 26 million tonnes of edible oil every year, of which nearly 9 million tonnes is palm oil.

    Shilpa Agrawal, Director of Scientific and Regulatory Affairs at IFBA, noted that the Dietary Guidelines for Indians–2024, released by the ICMR–National Institute of Nutrition, recognise the role of tocotrienols found in palm oil in lowering cholesterol and supporting heart health. The guidelines recommend a rotation of edible oils, including palm oil, to maintain a balanced fatty acid profile, she added.

    The association also lauded the government’s National Mission on Edible Oils–Oil Palm (NMEO-OP), launched in 2021 with an outlay of ₹11,040 crore, which aims to expand oil palm cultivation and reduce India’s dependence on edible oil imports.

    “Consumers should be cautious of influencers who exaggerate claims without understanding nutrition science. Marketing tactics such as ‘Palm Oil Free’ labels are no substitute for balanced dietary advice,” the IFBA said.

    -IANS

  • MIL-OSI United Kingdom: UKAEA launches International Fellowships Scheme for fusion

    Source: United Kingdom – Executive Government & Departments

    Press release

    UKAEA launches International Fellowships Scheme for fusion

    UKAEA has launched the International Fellowships Scheme to help expand the global talent pool supporting the fusion industry.

    Remote Handling Control Room at UKAEA’s Culham Campus – Image Credit: United Kingdom Atomic Energy Authority

    • UKAEA to fund UK-based post-doctoral Fellows in fusion research
    • First collaboration established with Singapore’s Nanyang Technological University
    • Partnership marks a major step forward in advancing global collaboration in fusion research and talent development

    The United Kingdom Atomic Energy Authority (UKAEA) has launched the International Fellowships Scheme, an initiative to help expand the global talent pool supporting the fusion industry.

    The Scheme is part of the UKAEA’s Fusion Opportunities in Skills, Training, Education and Research (FOSTER) Programme, which aims to train, support, and empower the next generation of professionals, who will help deliver fusion power to the grid.

    The first International Fellowships Scheme partner is Nanyang Technological University, Singapore (NTU), which is ranked among the world’s top 15 universities by the QS World University Rankings.

    The scheme is designed to create high-impact post-doctoral research opportunities through collaborations between UK-based and international institutions. Under this initiative, Fellows will be recruited in complementary pairs, with one Fellow employed and primarily based in the UK, and the other employed and primarily based overseas. Working together in areas of shared interest to help build scientific knowledge across borders and solve key fusion challenges.

    NTU is building on the pilot phase of the scheme and has begun recruiting its first Fellows.

    Nick Walkden, Head of Fusion Skills Operation and Delivery at UKAEA, said:

    As a sector, we have recognised the need to develop the next generation of research leaders for fusion and have launched a programme of international fellowships for post-doctoral candidates to do just this. I’m excited that the first of these exciting opportunities is in collaboration with NTU, which shares our passion and drive, and I look forward to seeing our respective Fellows undertake their exchange programme in coming years.

    Professor Simon Redfern, Dean of the College of Science, NTU Singapore said:

    We are delighted to partner with the UK Atomic Energy Authority on the FOSTER International Fellowships Programme, which aligns with our commitment to advancing frontier research and nurturing global scientific talent in fusion energy. In recent years, our scientists have enjoyed a number of beneficial collaborations with international partners to pioneer innovative approaches in fusion science and decarbonisation. FOSTER marks an important next step.

    This new partnership with UKAEA will further strengthen cross-border research, enhance institutional capabilities, and accelerate our shared ambition to realise clean, sustainable energy through fusion. It also builds on longstanding ties between NTU researchers and their counterparts in the UK, and ensures that this spirit of collaboration continues to grow across future generations of scientists.

    Each fellowship will run for two years and include a minimum of 12 weeks of exchange between host institutions, enabling cross-cultural research experience and skill development. UKAEA will support the UK-based Fellow while the international partner institution will support the internationally employed Fellow.

    Part of the Fusion Futures Programme, FOSTER supports 32 projects with a vision to build a fusion skills ecosystem – with international reach – that can train, develop, and grow the fusion generation who will deliver fusion energy to the grid.

    FOSTER works with likeminded organisations committed to advancing the landscape of fusion science and technology through post-doctoral research opportunities.

    The first cohort of the International Fellowships Scheme with NTU is expected to start in Autumn 2025.

    More information about FOSTER and UKAEA’s International Fellowships Scheme can be found online.

    International organisations interested in pursuing a fellowship, either with UKAEA or another UK-based organisation, or if you have any further questions, please email fusionskills@ukaea.uk

    Updates to this page

    Published 8 July 2025

    MIL OSI United Kingdom –

  • Active monsoon conditions likely to prevail over central India; heavy rain likely in eastern MP: IMD

    Source: Government of India

    Source: Government of India (4)

    The India Meteorological Department (IMD) on Tuesday said that active monsoon conditions are likely to prevail over central parts of the country during next 4-5 days, with the possibility of extremely heavy rainfall (over 21 cm) at isolated locations in eastern Madhya Pradesh.

    Widespread very heavy rainfall is also expected across several regions. Areas likely to be affected today include Uttarakhand, Tripura, Mizoram, Gujarat region, Telangana, Gangetic West Bengal, and Odisha. Konkan & Goa and the ghat areas of central Maharashtra are likely to receive intense rain on July 9. Vidarbha and Chhattisgarh are expected to receive heavy rainfall today and tomorrow, while Madhya Pradesh may continue to see heavy rain through July 11. East Rajasthan is forecast to receive heavy showers on July 11 and 12.

    Weather forecast for Delhi-NCR

    According to the forecast, the capital city is expected to witness a generally cloudy sky today along with expected light to moderate rain and possible thunderstorms. Maximum temperatures are expected to range between 35°C and 37°C, near normal for this time of year.

    Today, the capital will witness a generally cloudy sky with light to moderate rain and possible thunderstorms. Maximum temperatures are expected to range between 35°C and 37°C, near normal for this time of year.

    On July 9, the temperature is forecast to drop slightly, with maximum temperatures between 32°C and 34°C and minimum temperatures between 24°C and 26°C, which is 1–2°C below normal. Rain and thunderstorms are likely to persist throughout the day.

    By July 10, the sky will be partly cloudy with very light to light rain expected. The maximum and minimum temperatures will be below normal by 3–5°C and 1–3°C, respectively.

    Similar conditions will continue on July 11, with light rain and thunderstorms likely, and temperatures expected to range between 33°C and 35°C during the day and 23°C to 25°C at night.

    Wind speeds in Delhi are expected to remain light, generally between 10–20 kmph, varying in direction from southwest to northeast over the forecast period.

  • MIL-OSI Africa: President Ramaphosa hails BRICS Summit as resounding success

    Source: Government of South Africa

    President Ramaphosa hails BRICS Summit as resounding success

    By Gabi Khumalo

    Rio de Janeiro, Brazil – President Cyril Ramaphosa has described the recently concluded 17th BRICS Summit as a resounding success, highlighting strengthened cooperation among member states and renewed commitment to building a more equitable global order.

    President Ramaphosa made the remarks during a media briefing following the conclusion of the Summit held in Rio de Janeiro, Brazil, on Monday.

    The President commended Brazilian President, Luiz Inácio Lula da Silva, for organising the “excellent” summit and expressed appreciation for the invitation extended to the other outreach countries to be part of the summit.

    The President noted the growing interest around the world, particularly the Global South, towards BRICS.

    “We admitted a new member; Indonesia, and we also admitted new BRICS partner countries. There is a lot of interest in the Global South about being part of BRICS, which shows that BRICS continues to grow its voice, its reach, and by importance as well. [It] has become [a] fairly sizeable BRICS community, which already accounts for more than half of the population of the world.

    “We also appreciated the fact that through BRICS we continue by respect [and] recognition, to respect the sovereignty of countries and their equalities, and that is an important consideration, as it leads to us cooperating on a number of areas,” the President said.

    Through the declaration, a number of areas, ranging from the governance of the world to issues like technical education, were covered.

    WATCH | President’s media briefing
     

    On global governance, the President said BRICS continues to respect the existence and the standing of the United Nations (UN) and called for the reform of the UN structures.

    The President argued that it is not acceptable that countries like India and Brazil, are excluded from participating meaningfully, and that the African continent which has 1.3 billion people is not represented in the UN Security Council.

    The summit also looked at the issue of climate change, calling for commitments to assist countries most affected by it, to be fulfilled. 

    “They should be assisted and supported through their transition to renewable energies and that countries that have made commitments particularly [in] the Global North, should live up to their commitments, with regards to ensuring that we address climate challenges that we are facing in the world,” President Ramaphosa said.

    Call for a permanent ceasefire

    On security matters, BRICS condemned the attack on countries like Iran and reiterated a call for a ceasefire in Gaza.

    The displacement and killings of people in Sudan was also a matter of concern for the summit which called for conflict on the African continent to be resolved through what the President called “African solutions”.

    The President reiterated that BRICS is a community of countries that want to see progress in the world.

    “BRICS Rio de Janeiro was very successful. We leave with very fulfilled hearts because it has added to many issues that we lead to the development of our world.

    “There was also great appreciation and support for South Africa’s coming G20 and recognising the importance of the G20 that encompasses so many countries in the world. We were wished great success, and we were greatly supported,” the President said. – SAnews.gov.za

    GabiK

    MIL OSI Africa –

  • MIL-OSI United Kingdom: Supporting more people on their journey of recovery from addiction in York

    Source: City of York

    City of York Council is leading by example to support more people on their journey to recovery from addiction.

    City of York Council is leading by example to support more people on their journey to recovery from addiction.

    The council is actively working with a number of recovery organisations in York to bring a city centre recovery hub to life, as well as making steps towards becoming a champion for York as an Inclusive Recovery City, tackling stigma and discrimination against people with addictions and celebrating their recovery by making it visible.

    Drugs and alcohol continue to present major issues for health and wellbeing in York. They lead to early illness and death, and in fact are the two leading causes of death in York for those between the ages of 15 and 49.

    They give rise to thousands of hospital admissions a year, worsen or lead to the onset of mental health conditions, and precipitate a large range of consequent physical health issues

    They also present a city issue, and interact considerably with significant issues around housing, criminal justice, community cohesion, employment and safety, holding people back from living thriving and empowered lives.

    Nationally, the approach to supporting people with drug and alcohol issues has developed significantly over the last decades, from a sole emphasis on treatment and clinical services, such as substitution therapy, to a much greater focus on recovery.

    The council wants to strengthen York’s community recovery model, to further these aims and improve the lives of people affected by addictions in York.

    Whilst there has been and continues to be various activities taking place around recovery in the city, they have never had a home to develop and grow.

    The hub, based on Wellington Row, will make it easier for people with substance use disorders to seek help. This is set to be endorsed by the council’s Executive when they’re asked to support a new contract at a public meeting on 15 July, to award York in Recovery CIC to lease and manage the Community Recovery Hub.

    Cllr Lucy Steels- Walshaw, Executive Member for Health, Wellbeing and Adult Social Care at City of York Council, said “The recovery hub is providing a recovery-oriented facility to those residents who need this type of specialist support, in the heart of York. Endorsement of the Inclusive Recovery Cities initiative shows a strong council commitment to making recovery accessible and sustainable for more people, while sending a strong signal that those in recovery in our city have the right support behind them on their journey.”

    These community connections have been going for many years, with pop-up cafes, meetings, activities, support and social events happening most days of the week.

    Organisations including SMART UK, Alcoholic Anonymous, Narcotics Anonymous, Cocaine Anonymous, York in Recovery, Lived Insights, as well as charities such as Chocolate & Co and the treatment providers Change Grow Live and Emerging Futures, facilitate a vibrant recovery community in York involving many thousands of people.

    A pilot of how a Community Recovery Hub could work took place 18 months ago, and the opportunity has now come to The Hub, Wellington Row, which is owned by the council, as a more permanent base for this work

    Mark Green from York in Recovery said: “At York In Recovery, we know from lived experience that stigma is one of the greatest barriers preventing people from reaching out for the help they need when struggling with substance use.  Stigma isolates people, delays access to support and too often costs lives.

    “Recovery from addiction can be as lonely as when in addiction, we can all play our part in changing that narrative because recovery is real and when the right help support, and compassion are offered at the right time, people not only survive – they thrive.

    “The Recovery Hub will be a place for recovery curious individuals as much as for those who are already in the recovery community, it will be a beacon of hope to many and will support the work underway with the Inclusive Recovery Cities initiative.

    “York In Recovery are excited about the future and what will grow from the Recovery Hub.”

    Supporting the hub is one step towards supporting people’s journey in recover by the council wants to take this a step further.

    York wants to follow in the footsteps of other countries including America, Australia and New Zealand who have all championed the ‘inclusive recovery cities movement.’ Closer to home Middlesbrough –  became the first official Inclusive Recovery City in 2024.

    Championed by Professor David Best, the movement makes recovery visible, giving hope to those currently experiencing substance use problems and providing ongoing support to those who are in recovery from substance use disorders

    It challenges the stigma which can stop people coming forward for help, contributing to further harm, including as serious as death, for those with substance use disorders. It champions multiple pathways to recovery from substance use disorders and recognises that through doing this, the whole city will benefit.

    The Executive will be asked to express the council’s commitment to the Inclusive Recovery Cities approach and York’s Inclusive Recovery City Vision statement.

    MIL OSI United Kingdom –

  • MIL-OSI China: Documentary to present China’s resistance war against Japanese aggression

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

    The distributors of “Mountains and Rivers Bearing Witness” announced on Monday that the documentary will open in Chinese theaters on Aug. 15 to commemorate the 80th anniversary of victory in the Chinese People’s War of Resistance Against Japanese Aggression (1931-1945) and the World Anti-Fascist War.

    A poster for “Mountains and Rivers Bearing Witness.” [Image courtesy of Huaxia Film]

    According to the filmmakers, the documentary presents the first panoramic portrayal of China’s 14-year resistance war against Japanese aggression, highlighting the nation’s pivotal role as the Eastern Front during World War II through its sweeping account of the Chinese people’s heroic struggle.

    The film is produced by Huaxia Film Distribution and China Central Newsreel and Documentary Film Studio (Group). Throughout production, the team behind “Mountains and Rivers Bearing Witness” focused on both historical accuracy and artistic expression, balancing clear historical narrative with the preservation of national spirit. 

    Building upon extensive archival footage, the team used digital restoration techniques and artistic recreation to revive historical memories from sealed records and reconstruct pivotal moments in the Chinese people’s resistance.

    China will release various cultural works to mark the 80th anniversary of victory in the Chinese People’s War of Resistance Against Japanese Aggression and the World Anti-Fascist War, according to the State Council Information Office at a press conference in Beijing on June 24. “Mountains and Rivers Bearing Witness” was highlighted at the press event as a major project, alongside the war epic film “Dongji Rescue” and TV series “Our Homeland.”

    The Chinese People’s War of Resistance Against Japanese Aggression was both the first to begin and the longest sustained conflict in the World Anti-Fascist War. With over 35 million Chinese soldiers and civilians killed or injured, this 14-year struggle culminated in victory over Japanese aggression and contributed to the complete defeat of global fascism. 

    China has designated Sept. 3 as Victory Day to commemorate Japan’s formal surrender on Sept. 2, 1945.

    MIL OSI China News –

  • BRICS must amplify voice of Global South: FM Nirmala Sitharaman

    Source: Government of India

    Source: Government of India (4)

    Union Finance and Corporate Affairs Minister Nirmala Sitharaman, while attending the BRICS Finance Ministers and Central Bank Governors Meeting in Rio de Janeiro on Monday, underscored the importance of the BRICS grouping in representing the interests of the Global South.

    Highlighting India’s economic resilience, Sitharaman credited strong domestic demand, sound macroeconomic management, and targeted fiscal measures for the country’s robust performance. She also noted that India’s policy response to global trade and financial restrictions has focused on market diversification, infrastructure-led growth, and structural reforms to enhance competitiveness and productivity.

    Calling BRICS a vital platform for promoting inclusive multilateralism, the Finance Minister emphasized that at a time when global institutions face crises of legitimacy and representation, BRICS must lead by example – reinforcing cooperation, pushing for credible reforms, and amplifying the voice of the Global South.

    Sitharaman also stressed that while South-South cooperation is crucial to achieving climate and development goals, the Global South should not be expected to bear the primary burden of climate action. She urged deeper cooperation among BRICS nations on sustainable development.

  • PM Modi set for first Namibia visit by Indian PM in nearly three decades

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi will embark on a landmark visit to Namibia on July 9, marking the final leg of his five-nation tour and the first visit by an Indian Prime Minister to the African nation in nearly three decades.

    The visit is expected to further deepen ties between India and Namibia. The two countries share a historic relationship rooted in India’s steadfast support for Namibia’s independence struggle. India was among the earliest advocates for Namibian freedom, raising the issue at the United Nations as early as 1946 and hosting the first overseas office of the South West Africa People’s Organisation (SWAPO) in 1986.

    During his stay in the capital, Windhoek, PM Modi will hold bilateral talks with President Netumbo Nandi-Ndaitwah and address a joint sitting of Namibia’s Parliament. A key highlight of the visit will be the signing of a technology agreement enabling unified payment interoperability between the two countries, aimed at enhancing cooperation in the fintech and digital sectors, according to a statement from the Ministry of External Affairs.

    Namibia’s rich reserves of uranium, copper, cobalt, rare earth minerals and its recent oil discoveries are drawing renewed global attention. The country is the world’s fourth-largest producer of uranium oxide, which fuels the nuclear industry, and also produces zinc and gem-quality diamonds. With growing global demand for clean energy and battery storage, Namibia’s potential to develop new mining projects for cobalt, lithium, and rare earth elements has gained fresh relevance.

    Bilateral trade between the two nations stood at around $814 million in 2023–24, with Indian exports accounting for over half that figure. Indian investments in Namibia are estimated at nearly $800 million, largely in the mining sector, including zinc and diamonds.

    A notable symbol of the trust between the two nations remains the translocation of eight cheetahs from Namibia to India’s Kuno National Park in 2022 — the world’s first intercontinental transfer of a major carnivore species.

    Bilateral relations have continued to strengthen over the years through high-level exchanges, development cooperation and people-to-people contacts. Then President of India, Pranab Mukherjee, paid a State Visit to Namibia in 2016, while Namibia’s President Hage Geingob attended the India–Africa Forum Summit in New Delhi in 2015. PM Modi and President Geingob last met on the sidelines of the UN General Assembly in 2019.

    In June last year, External Affairs Minister S. Jaishankar visited Namibia, calling on President Geingob and co-chairing the first Joint Commission Meeting. He also inaugurated the India–Namibia Centre for Excellence in Information Technology in Windhoek.

    India continues to extend development assistance and capacity-building support to Namibia through scholarships, defence training programmes and technical cooperation. Indian experts are deputed to Namibian institutions, and an Indian Air Force Technical Team has been training Namibian helicopter pilots since 1996.

    The countries are exploring opportunities to expand cooperation in mining, energy, health, agriculture and infrastructure. Negotiations for a Preferential Trade Arrangement between India and the Southern African Customs Union (SACU), with Namibia as coordinator, are ongoing.

    Cultural ties have also grown steadily, with regular cultural events, yoga sessions and artistic exchanges. Approximately 450 Indians, NRIs and PIOs reside in Namibia today, contributing to business and community initiatives through bodies such as the India–Namibia Chamber of Commerce and Industry and the India Namibia Friendship Association.

  • MIL-OSI Asia-Pac: MOFA response to EU expressing concern over cross-strait status quo during 13th EU-China Strategic Dialogue

    Source: Republic of China Taiwan

    MOFA response to EU expressing concern over cross-strait status quo during 13th EU-China Strategic Dialogue

    July 3, 2025  

    On July 2, European Union High Representative for Foreign Affairs and Security Policy Kaja Kallas and Chinese Foreign Minister Wang Yi cochaired the 13th EU-China Strategic Dialogue in Brussels. When elaborating on Taiwan in a statement issued after the meeting, the European Union reaffirmed its commitment to its “one China policy” and expressed opposition to any unilateral attempts to alter the status quo, including by force or coercion. In addition, the European Union voiced concerns about human rights in China as well as hybrid threats in Europe coming from China.
     
    In response to each of China’s three large-scale military drills targeting Taiwan since May 2024, the European External Action Service (EEAS) promptly issued statements expressing concern. In these statements, the EEAS stressed that peace and stability across the Taiwan Strait were of strategic importance for regional and global security and prosperity and that the European Union had a direct interest in the preservation of the status quo across the Taiwan Strait. The fact that EU High Representative Kallas has once again reiterated this position in a meeting with high-level Chinese officials demonstrates that the European Union pays close attention and attaches great importance to the cross-strait status quo. The Ministry of Foreign Affairs (MOFA) appreciates and welcomes such statements. 
     
    Moving forward, MOFA will continue to strengthen cooperative relations with the European Union and other like-minded partners to jointly safeguard shared values of freedom and democracy, uphold the rules-based international order, preserve the status quo across the Taiwan Strait, and ensure peace and stability in the Indo-Pacific region.

    MIL OSI Asia Pacific News –

  • MIL-OSI: Monexis Expands Global Reach with Advanced Multi-Access Trading Platform Tailored for All Levels

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) — As retail and professional traders seek smarter, more personalized tools in today’s dynamic financial markets, Monexis has emerged as a powerful ally—offering a next-generation, multi-access trading platform designed to meet the needs of global investors. Combining real-time data, AI-powered insights, and educational support, Monexis is redefining digital trading through personalized strategies, transparent operations, and user-friendly technology across more than 20 countries.

    With a focus on customized strategies, educational empowerment, and cutting-edge technology, Monexis is redefining what it means to support traders at every level. Headquartered in New York and serving clients in over 20 countries, the company continues to expand its global footprint while maintaining a sharp focus on individual investor success.

    A Tailored Approach to Trading Success

    Monexis distinguishes itself through personalized trading strategies tailored to each client’s financial goals, experience level, and risk profile. Whether a trader is seeking long-term portfolio growth, short-term gains, or diversification through cryptocurrency, Monexis works closely with them to design strategies that are both practical and performance-driven.

    This individual approach ensures that every user has a clear path to follow, one that is based on logic, market data, and their own financial objectives.

    Technology Meets Simplicity on the Monexis Platform
    At the heart of Monexis’s offering is its intuitive and feature-rich trading platform, where technology meets investment insight. The platform is equipped with:

    • Real-time market data
    • Advanced charting and analytical tools
    • Integrated portfolio management
    • Smart strategy builders

    Users can easily monitor their trading activity, analyze performance, and execute trades efficiently. The seamless interface is designed for both beginners and experienced traders, minimizing complexity while maximizing functionality.

    The platform also incorporates customized insights and personalized dashboards, giving traders a competitive edge in fast-moving markets.

    Education and Support as Strategic Tools
    Monexis recognizes that knowledge is a powerful asset in trading. That’s why it offers a comprehensive educational ecosystem to help traders build confidence and sharpen their decision-making. 

    The resource library includes:

    • Text lessons for beginners and advanced traders
    • On-demand video tutorials (VODs)
    • Cryptocurrency fundamentals and strategies
    • Guides on fundamental and technical analysis
    • Tools for trend identification, risk management, and market prediction

    These resources are supported by 24/5 technical support and access to real-time market signals, ensuring traders are never left without guidance when they need it most.

    Whether you’re navigating your first trade or refining an advanced investment strategy, Monexis ensures that education and support are always within reach.

    Globally Connected and Regionally Aware
    Monexis operates in a growing list of countries across the Americas, Europe, Asia, and Africa, including the United States, India, Brazil, Germany, South Africa, Japan, Australia, and the United Kingdom. This global reach allows the company to deliver culturally and regionally tailored insights while maintaining access to up-to-date international financial news, events, and policy updates.

    Users benefit from detailed market reports, trend analysis, and coverage of global economic movements, all aimed at helping them make informed, timely decisions.

    Account Types Designed for Every Trader
    Monexis understands that traders have different needs and investment capacities. To accommodate this, the platform offers four distinct account tiers, each with its own features and benefits:

    Basic Account (€250 minimum)

    • 24/5 tech support
    • 48-hour withdrawal time
    • Ideal for beginners looking to explore trading

    Standard Account (€2,500 minimum)

    • 24-hour withdrawals
    • 1:100 leverage
    • Bonuses up to 50%
    • Signals and basic consultations

    VIP Account (€10,000 minimum)

    • 12-hour withdrawals
    • 1:200 leverage
    • Bonuses up to 100%
    • Enhanced signals, consultations, and insurance
    • Personal account manager

    Prime Account (€50,000 minimum)

    • 3-hour withdrawals
    • 1:400 leverage
    • Bonuses up to 150%
    • Full access to all tools, training, and personal services

    Each account level is structured to grow with the trader, offering increasingly valuable services and faster execution as investment levels increase.

    Trusted Operations and Transparent Compliance
    Monexis Inc. is legally registered and operates under the laws of the State of New York, United States. The platform adheres to strict AML (Anti-Money Laundering) and KYC (Know Your Customer) protocols to ensure secure, transparent, and compliant operations.
    All users are encouraged to review the platform’s privacy policy, client agreement, AML/KYC policy, and risk notices before opening an account.

    Monexis at a Glance

    • Headquarters: New York, United States
    • Website: www.monexis.org
    • Customer Support: +1 (800) 441‑7760
    • Email: support@monexis.org
    • Global Reach: Clients in over 20 countries
    • Platform Features: Real-time data, technical tools, personalized dashboards
    • Education Resources: VODs, guides, analysis tools, calculators, news
    • Support: 24/5 tech assistance and multilingual customer service
    • Compliance: Full adherence to U.S. regulations, AML/KYC policies

    Conclusion
    Monexis brings together the essential pillars of modern trading: personalized strategy, technological excellence, continuous education, and global insight. With a flexible account structure, round-the-clock support, and a platform designed to empower users of all levels, Monexis positions itself as a reliable and forward-focused trading solution for the global investor community.

    To learn more or to get started, visit www.monexis.org.
    Disclaimer: This press release is provided by the Monexis. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6c7f295b-3cdc-4f79-a007-b281fe2e86d5

    The MIL Network –

  • MIL-OSI Russia: South Korea to seek win-win trade deal with US

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    SEOUL, July 8 (Xinhua) — The Ministry of Trade, Industry and Energy of the Republic of Korea (ROK) said Tuesday it will make efforts to reach a mutually beneficial trade deal with the United States after U.S. President Donald Trump effectively delayed the imposition of new tariffs on South Korean products.

    The ministry said in a statement that Seoul has been actively negotiating since the inauguration of the new government led by President Lee Jae-myung on June 4, guided by the principle of prioritizing national interests.

    The ministry noted that there is not enough time to reach an agreement on all issues, considering D. Trump’s letter to be a de facto postponement of the introduction of “equivalent” tariffs on South Korean products.

    The ministry promised to step up efforts to achieve mutually beneficial results in the remaining period of negotiations to quickly resolve tariff-related uncertainties, adding that Kazakhstan will address the trade deficit that worries the US by improving domestic rules and streamlining regulations.

    According to the statement, the ministry will seek to create an opportunity for a breakthrough in key industries through partnership between the two countries to revive manufacturing.

    In his letter to the South Korean leader, published on the social network Truth Social, D. Trump said that the two countries must abandon the long-term and permanent trade deficit caused by tariffs, non-tariff policies and trade barriers on the part of the Republic of Korea. –0–

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

    .

    MIL OSI Russia News –

  • Sourav Ganguly turns 53, BCCI extends greetings to ex-cricketer

    Source: Government of India

    Source: Government of India (4)

    Former India captain Sourav Ganguly turned 53 on Tuesday, and the Board of Control for Cricket in India (BCCI) marked the occasion by extending warm birthday wishes to its former president.

    Ganguly made his international debut in an ODI against the West Indies during the 1992 Benson & Hedges World Series and went on to serve Indian cricket for 16 years.

    The elegant left-handed batter is widely regarded as one of India’s greatest cricketers, particularly in the One-Day International (ODI) format. In a career that left an indelible mark on Indian cricket, Ganguly scored 7,212 runs in 113 Test matches at an average of 42.17, including 16 centuries. In ODIs, he amassed 11,363 runs in 311 matches at an average of 41.02, registering 22 centuries.

    “424 international matches, 18,575 international runs, 38 international centuries. Here’s wishing former #TeamIndia Captain and former BCCI President Sourav Ganguly a very Happy Birthday,” the BCCI posted on X.

    Responding to the post, Ganguly said: “Thank you BCCI… the best sporting organisation in the world.”

    Sourav Ganguly is also remembered as one of India’s most influential and successful captains. Taking over the reins in 2000, he led India in 49 Tests and 146 ODIs, securing 21 and 76 wins respectively. Under his leadership, the Indian team began to achieve notable success overseas in Test cricket and reached the final of the ICC Cricket World Cup in 2003.

    A hallmark of Ganguly’s captaincy was his ability to identify and back a generation of talented cricketers who went on to become match-winners for India.

    Among his many achievements, Ganguly is one of only eight Indian players to have scored over 7,000 Test runs and ranks ninth in terms of Test centuries for India, with 16 to his name. In ODIs, he remains the eighth-highest run-scorer globally and is among a select group of 14 players to surpass the 10,000-run milestone.

    Ganguly holds the record for the highest individual score by an Indian in a World Cup match – a blazing 183 against Sri Lanka in 1999. He was also the first player to score three centuries in a single World Cup edition (2003) and recorded three hundreds in the ICC Champions Trophy across the 2000 and 2002 editions.

    Following his retirement from international cricket, Ganguly transitioned into administration. After serving as President of the Cricket Association of Bengal (2015–2019), he was unanimously elected as President of the BCCI, holding office from 2019 to 2022.

    (With inputs from IANS)

     

  • MIL-OSI United Kingdom: New UK support to power green growth at home while tackling climate change abroad

    Source: United Kingdom – Executive Government & Departments

    News story

    New UK support to power green growth at home while tackling climate change abroad

    Senior Cabinet ministers meet City of London leaders as Foreign Secretary announces new climate support

    • Foreign Secretary announces new funding to make it easier for countries to access UK private sector climate finance and disaster risk insurance, driving UK green growth.

    • Support comes as senior Cabinet ministers meet City of London leaders to discuss UK financial sector’s role in boosting sustainable finance for emerging markets and developing economies.

    • David Lammy to set out the economic opportunity for the UK and the City of London, in line with the government’s Plan for Change—with emerging markets expected to drive 65% of global growth by 2035.

    New support will help millions of people globally deal with the daily impact of climate change, the Foreign Secretary David Lammy has today announced (Tuesday 8 July).

    A £12m commitment for disaster relief finance and insurance will help climate-vulnerable countries better prepare for the impact of disasters like hurricanes and drought. 

    This funding is triggered by certain warning signs—such as a weather event or forecast—to enable faster payouts and a more effective response.

    Backed by the UK financial sector, this will also help drive domestic green growth and unlock jobs, opportunity and security for people in the UK.

    This new funding comes as Cabinet Ministers from the Treasury, Foreign Office, DESNZ and DEFRA will today meet leaders from the financial sector. They will collectively discuss how to champion UK-based investors and financial institutions to channel investment into climate initiatives in emerging markets.

    Foreign Secretary David Lammy said:

    The climate and nature crisis is the greatest global challenge we face. Failure to act will cause unprecedented environmental damage, fuelling displacement, conflict and famine.

    Tackling this crisis is also a huge opportunity for people and businesses here in the UK, delivering on our Plan for Change. The green sector is worth trillions of pounds, and I’m determined that we seize the economic growth, jobs and security it offers.

    The City of London, the world’s leading sustainable development financing hub, has a crucial role to play in this.

    Today’s measures, in support of the UK government’s Plan for Change, will help unlock sustainable finance from the UK and elsewhere, and ensure developing countries can better manage climate shocks themselves.

    This effort will help foster sustainable growth and protect the most climate vulnerable nations. Global climate investment is increasing rapidly, hitting $2.1 trillion last year, and the government sees the City of London in a prime position to capitalise on this opportunity.

    Last year the UK’s green sector grew three times faster than the economy as a whole, attracting £43bn of private investment. With London ranked as the world’s top sustainable finance centre, the UK is uniquely positioned to grow this industry further by helping to unlock finance for emerging markets that will drive 65% of global growth by 2035.

    The £12 million for pre-arranged finance will cut the cost of responding to disasters and accelerate the time it takes them to recover from such shocks.

    This follows the UK launching a global coalition with its partners last week, to scale up pre-arranged finance tenfold by 2035, alongside a coalition to drive greater investment for developing economies through public markets. This was announced by the Minister for Development Baroness Chapman at the 4th International Conference on Financing for Development in Sevilla, Spain.

    The Foreign Secretary is also today announcing that the UK’s Financial Services Centre of Expertise will help financial regulators across ASEAN access expertise from the Financial Conduct Authority. The initiative will focus on regulatory alignment across ASEAN markets to deliver green growth opportunities for UK investors. 

    BACKGROUND:

    • It’s the first time multiple cabinet ministers will be attending a meeting with leaders from the City of London together, signalling a growth opportunity on climate action.
    • The UK will be first country to annually publish pre-arranged finance as a percentage of overall crisis finance spending, with the aspiration of increasing this over time.

    Updates to this page

    Published 8 July 2025

    MIL OSI United Kingdom –

  • Dozens missing after floods on Nepal-China border

    Source: Government of India

    Source: Government of India (4)

    Over two dozen people are missing after heavy rainfall in the Tibet region of China triggered a deluge in the Bhote Koshi River, which flows through Nepal and China, washing away the ‘Friendship Bridge’ that connects them, officials said on Tuesday.

    At least 18 people are missing in Nepal while China’s Xinhua news agency said 11 people were missing on the Chinese side of the border.

    In Nepal, the missing include the 6 Chinese workers and three policemen, the National Disaster Risk Reduction and Management Authority (NDRRMA) said on X, adding that eight electric cars were also washed away and a small hydroelectric plant damaged in the flood.

    The missing Chinese nationals were working at the Inland Container Depot, being constructed with Chinese assistance about 80 km (50 miles) north of the capital Kathmandu, said Arjun Paudel, a senior administrative official of Rasuwa district.

    “The river also swept away some containers with goods imported from China…There is a big loss (of property) and we are collecting details,” he told Reuters.

    The Nepal Army has rescued 11 people, and search and rescue operations are still underway, spokesperson Raja Ram Basnet said.

    China has been increasing its investment in Nepal in recent years in domains including roads, power plants, and hospitals.

    The Asian giant has been battered by heavy rain and flash floods over the last few days, which have left a trail of destruction, and is bracing for a tropical storm this week.

    In Pakistan also, at least 79 people, including 38 children, have died in floods and rain-related incidents, including landslides and house collapses, since June 26, its National Disaster Management Authority (NDMA) said on Tuesday.

    The authority has issued fresh alerts for flash flooding and glacial lake outbursts in the northern and northwestern provinces of Gilgit-Baltistan and Khyber Pakhtunkhwa, citing “a significant rise in temperatures and … an upcoming weather system.”

    Gilgit-Baltistan’s northern Chilas district recorded the highest temperature in Pakistan on Saturday at 48.5 degrees Celsius (119°F), breaking its earlier record of 47.7 degrees Celsius (118°F) reported in July 1997, said NDMA spokesperson Sophia Siddiqui.

    (Reuters)

  • Gujarat records widespread showers, Borsad tops rainfall chart

    Source: Government of India

    Source: Government of India (4)

    Gujarat witnessed rainfall across 153 talukas over the past 24 hours, with heavier showers concentrated in a few regions. According to officials on Tuesday, 12 talukas recorded more than one inch of rainfall, with Borsad in central Gujarat receiving the highest amount at 99 mm.

    Godhra followed closely with 95 mm, while Gandhidham and Mandvi in the Kutch region recorded 58 mm and 57 mm respectively. Other talukas that saw significant rainfall include Khambhalia (49 mm) and Bhachau (48 mm).

    According to the India Meteorological Department (IMD), more rain is expected in several parts of the state. As of the morning of July 8, Gujarat had received nearly 47 per cent of its average monsoon rainfall, based on a 10-year seasonal benchmark. The state has experienced a robust start to the monsoon season, with 266–324 mm of rain recorded since June 1 – about 37–40 per cent of the seasonal average.

    This comes after an earlier report noted that June witnessed exceptionally high rainfall, with cumulative figures running nearly 11 per cent above the long-term national average. Regionally, rainfall distribution has varied: South Gujarat has received over 23 inches (nearly double the average), Central-East Gujarat around 12 inches, Saurashtra approximately 245 mm, and Kutch around 142 mm. Daily rainfall data indicates that nearly 47 per cent of the expected June-to-September total has already fallen by July 8.

    The IMD forecasts suggest that July rainfall will likely exceed 106 per cent of the long-period average for Gujarat, bringing continued widespread — and at times heavy to very heavy — showers through the middle of the month.

    In response to the above-normal rainfall, the Gujarat government has intensified its monsoon preparedness efforts. Chief Minister Bhupendra Patel has instructed officials to carry out urgent road repairs, especially in flood-prone rural and urban areas, treating the situation as a matter of priority.

    The State Emergency Operation Centre (SEOC) is closely monitoring rainfall patterns and reservoir levels. Disaster response teams, including units from the National Disaster Response Force (NDRF) and State Disaster Response Force (SDRF), have been deployed in vulnerable districts.

    Control rooms are operating round-the-clock, and district administrations have been directed to ensure quick drainage in low-lying areas, provide temporary shelters where needed, and coordinate with health and electricity departments to prevent service disruptions.

    (IANS)

  • MIL-OSI China: Lin, Wang reach second round at WTT United States Smash

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

    Men’s world No. 1 Lin Shidong and women’s second seed Wang Manyu of China both advanced to the last 32 at the World Table Tennis (WTT) United States Smash on Monday.

    Lin emerged victorious in a full-game battle against France’s Thibault Poret, while Wang swept past Sweden’s Christina Kallberg in straight games.

    Facing Poret, Lin twice held the lead but was pushed to a deciding game by his 34th-ranked opponent before sealing the win with an 11-5 final game.

    “As I haven’t competed internationally for a while, my adaptation to the venue and the table wasn’t that good at the start,” said Lin. “As the match progressed, I became more confident in my shots. Hopefully I will get the shape back as soon as possible and go all out against any opponent.”

    Chinese players had mixed results in the men’s singles first round. Xiang Peng defeated Portugal’s Joao Geraldo three-one, but Lin Gaoyuan fell to Spain’s Alvaro Robles in five games, and Zhou Qihao lost in straight games to Nigeria’s Quadri Aruna.

    In the women’s draw, Wang Manyu controlled the key moments in an 11-9, 11-8, 11-8 win over Kallberg.

    “It was our first encounter, so I made full preparations for what might lie ahead. I just kept patient on crucial points, and tried to reduce unforced errors,” Wang remarked.

    Asked about her goals for the tournament, Wang said, “Raise my game and adaptation game by game.”

    She was joined in the second round by teammate Wang Yidi, who defeated Japanese wildcard Miyu Nagasaki 3-0, and Xu Yi, who edged past Shi Xunyao in an all-Chinese matchup.

    Also on Monday, notable players advancing included Lin Yun-ju of Chinese Taipei, Sweden’s Truls Moregard, and Japan’s Satsuki Odo and Mima Ito. 

    MIL OSI China News –

  • MIL-OSI: Valeura Energy Inc.: Q2 2025 Operations and Financial Update

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, July 08, 2025 (GLOBE NEWSWIRE) — Valeura Energy Inc. (TSX:VLE, OTCQX:VLERF) (“Valeura” or the “Company”) is pleased to provide an update on Q2 2025 operations.

    Highlights

    • Safe ongoing operations, with oil production averaging 21.4 mbbls/d(1) – maintaining full year production guidance of 23.0 – 25.5 mbbls/d;
    • Revenue of US$129.3 million;
    • Taxes of US$15.8 million paid, primarily in respect of the Jasmine asset. No further cash tax payments anticipated for the remainder of 2025;
    • Cash position of US$241.9 million and no debt; and
    • Final investment decision on the Wassana Field redevelopment and construction phase commenced.

    (1) Working interest share oil production, before royalties.

    Dr. Sean Guest, President and CEO commented:

    “During Q2 2025 we demonstrated another safe quarter of ongoing production and drilling operations and took a positive final investment decision on our major redevelopment project at the Wassana field, which is now moving to the construction phase.

    While production volumes are down quarter-on-quarter, our plan had always assumed that production would be weighted to the second half of the year and we are therefore maintaining our full-year production guidance range of 23.0 – 25.5 mbbls/d.

    From a financial perspective, we continue to prioritise balance sheet strength, and firmly believe this will serve our stakeholders well as we pursue opportunities to add value. While the headwinds of lower global oil prices during the quarter are apparent in our revenue of US$129.3 million, we are continuing to invest while maintaining a strong cash position.”

    Q2 2025 Update

    Working interest share production before royalties averaged 21.4 mbbls/d during Q2 2025, a decrease of 10.2% from Q1 2025. Rates reflect the impact of planned downtime and natural declines at Valeura’s larger producing assets, which is consistent with the Company’s business plan. Q2 was anticipated to be the lowest production quarter of the year, and with rates weighted to the second half of 2025, the Company is maintaining its full year production guidance range of 23.0 – 25.5 mbbls/d.

    Oil sales totalled 1.90 million bbls during Q2 2025. The Company recorded a net increase in oil inventory, as measured at the end of the quarter, to a total of 0.93 million bbls at June 30, 2025. In addition, a parcel of 0.24 million bbls of oil was sold just after the end of the quarter, on July 1, 2025.

    Price realisations averaged US$67.95/bbl during Q2 2025, a US$0.67/bbl premium over the weighted average Brent crude oil benchmark. Realised price was down 14% from Q1 2025 given the significant drop in global oil prices.

    Taxes for the Company’s Thai I concession (Jasmine) are due in May of each year for the prior full year, and US$15.8 million was duly paid during the quarter primarily in respect of this asset. Taxes for the Company’s Thai III concessions (Nong Yao, Manora, and Wassana) are due in May and August of each year, however taxable income for the current tax period (2H 2024) was fully offset by tax loss carry-forwards. Given the above, no further tax payments are expected in 2025.

    Despite a relatively low oil price, a full quarter of spending on drilling operations, and scheduled Thai tax payments, Valeura’s cash position at June 30, 2025, was US$241.9 million (with no debt), up slightly from the previous quarter-end. In addition, US$19.6 million in revenue, relating to a lifting on June 25, 2025, was not received until early in July 2025. As a result, this US$19.6 million is not included in the revenue or the Company’s cash balance at June 30, 2025, but will be correctly accounted in the Q2 financials.

    Operations Update
    Production operations are continuing safely on Valeura’s four Gulf of Thailand fields, with no lost time injuries.

    During the quarter, Valeura mobilised its contracted drilling rig to Block G11/48 (Nong Yao, 90% working interest). The drilling campaign is progressing as planned toward its objective of approximately 10 new development wells and is expected to be complete in Q4 2025. The campaign will entail new development wells drilled from each of the three Nong Yao wellhead facilities, and will therefore include the first ever infill development wells on the Nong Yao C platform, which the Company installed in 2024.

    In May 2025, Valeura took a final investment decision on redevelopment the Wassana field in Licence G10/48 (100% interest). The project will entail deployment of a new central processing platform facility on the field, intended to increase production, reduce costs, and create a hub for eventual tie-in of potential additional satellite wellhead platforms. The project is on plan, and moving into its construction phase now. First production is planned for Q2 2027.

    Results Timing
    Valeura intends to release its full unaudited financial and operating results for Q2 2025 on August 7, 2025, and will discuss the results in more detail through a management webcast hosted later that day.

    For further information, please contact:

    Valeura Energy Inc. (General Corporate Enquiries)
    +65 6373 6940
    Sean Guest, President and CEO
    Yacine Ben-Meriem, CFO
    Contact@valeuraenergy.com

    Valeura Energy Inc. (Investor and Media Enquiries)
    +1 403 975 6752 / +44 7392 940495
    Robin James Martin, Vice President, Communications and Investor Relations
    IR@valeuraenergy.com

    About the Company

    Valeura Energy Inc. is a Canadian public company engaged in the exploration, development and production of petroleum and natural gas in Thailand and in Türkiye. The Company is pursuing a growth-oriented strategy and intends to re-invest into its producing asset portfolio and to deploy resources toward further organic and inorganic growth in Southeast Asia. Valeura aspires toward value accretive growth for stakeholders while adhering to high standards of environmental, social and governance responsibility.

    Additional information relating to Valeura is also available on SEDAR+ at www.sedarplus.ca.

    Advisory and Caution Regarding Forward-Looking Information

    Certain information included in this news release constitutes forward-looking information under applicable securities legislation. Such forward-looking information is for the purpose of explaining management’s current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes, such as making investment decisions. Forward-looking information typically contains statements with words such as “anticipate”, “believe”, “expect”, “plan”, “intend”, “estimate”, “propose”, “project”, “target” or similar words suggesting future outcomes or statements regarding an outlook.

    Forward-looking information in this news release includes, but is not limited to, the Company’s anticipated full year 2025 guidance assumptions; no further cash tax payments being anticipated in 2025; timing and composition of future drilling campaigns; the effect of the Wassana redevelopment project on production, costs, and future growth of the G10/48 block; and timing for first production from the Wassana redevelopment project. Although the Company believes the expectations and assumptions reflected in such forward-looking information are reasonable, they may prove to be incorrect.

    Forward-looking information is based on management’s current expectations and assumptions regarding, among other things: political stability of the areas in which the Company is operating; continued safety of operations and ability to proceed in a timely manner; continued operations of and approvals forthcoming from governments and regulators in a manner consistent with past conduct; ability to achieve extensions to licences in Thailand and Türkiye to support attractive development and resource recovery; future drilling activity on the required/expected timelines; the prospectivity of the Company’s lands; the continued favourable pricing and operating netbacks across its business; future production rates and associated operating netbacks and cash flow; decline rates; future sources of funding; future economic conditions; the impact of inflation of future costs; future currency exchange rates; interest rates; the ability to meet drilling deadlines and fulfil commitments under licences and leases; future commodity prices; the impact of the Russian invasion of Ukraine; the impact of conflicts in the Middle East; royalty rates and taxes; management’s estimate of cumulative tax losses being correct; future capital and other expenditures; the success obtained in drilling new wells and working over existing wellbores; the performance of wells and facilities; the availability of the required capital to funds its exploration, development and other operations, and the ability of the Company to meet its commitments and financial obligations; the ability of the Company to secure adequate processing, transportation, fractionation and storage capacity on acceptable terms; the capacity and reliability of facilities; the application of regulatory requirements respecting abandonment and reclamation; the recoverability of the Company’s reserves and contingent resources; future growth; the sufficiency of budgeted capital expenditures in carrying out planned activities; the impact of increasing competition; the availability and identification of mergers and acquisition opportunities; the ability to successfully negotiate and complete any mergers and acquisition opportunities; the ability to efficiently integrate assets and employees acquired through acquisitions; global energy policies going forward; international trade policies; future debt levels; and the Company’s continued ability to obtain and retain qualified staff and equipment in a timely and cost efficient manner. In addition, the Company’s work programmes and budgets are in part based upon expected agreement among joint venture partners and associated exploration, development and marketing plans and anticipated costs and sales prices, which are subject to change based on, among other things, the actual results of drilling and related activity, availability of drilling, offshore storage and offloading facilities and other specialised oilfield equipment and service providers, changes in partners’ plans and unexpected delays and changes in market conditions. Although the Company believes the expectations and assumptions reflected in such forward-looking information are reasonable, they may prove to be incorrect.

    Forward-looking information involves significant known and unknown risks and uncertainties. Exploration, appraisal, and development of oil and natural gas reserves and resources are speculative activities and involve a degree of risk. A number of factors could cause actual results to differ materially from those anticipated by the Company including, but not limited to: the ability of management to execute its business plan or realise anticipated benefits from acquisitions; the risk of disruptions from public health emergencies and/or pandemics; competition for specialised equipment and human resources; the Company’s ability to manage growth; the Company’s ability to manage the costs related to inflation; disruption in supply chains; the risk of currency fluctuations; changes in interest rates, oil and gas prices and netbacks; the risk that the Company’s tax advisors’ and/or auditors’ assessment of the Company’s cumulative tax losses varies significantly from management’s expectations of the same; potential changes in joint venture partner strategies and participation in work programmes; uncertainty regarding the contemplated timelines and costs for work programme execution; the risks of disruption to operations and access to worksites; potential changes in laws and regulations, including international treaties and trade policies; the uncertainty regarding government and other approvals; counterparty risk; the risk that financing may not be available; risks associated with weather delays and natural disasters; and the risk associated with international activity. See the most recent annual information form and management’s discussion and analysis of the Company for a detailed discussion of the risk factors.

    Certain forward-looking information in this news release may also constitute “financial outlook” within the meaning of applicable securities legislation. Financial outlook involves statements about Valeura’s prospective financial performance or position and is based on and subject to the assumptions and risk factors described above in respect of forward-looking information generally as well as any other specific assumptions and risk factors in relation to such financial outlook noted in this news release. Such assumptions are based on management’s assessment of the relevant information currently available, and any financial outlook included in this news release is made as of the date hereof and provided for the purpose of helping readers understand Valeura’s current expectations and plans for the future. Readers are cautioned that reliance on any financial outlook may not be appropriate for other purposes or in other circumstances and that the risk factors described above or other factors may cause actual results to differ materially from any financial outlook.

    The forward-looking information contained in this news release is made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, unless required by applicable securities laws. The forward-looking information contained in this news release is expressly qualified by this cautionary statement.

    This news release does not constitute an offer to sell or the solicitation of an offer to buy securities in any jurisdiction, including where such offer would be unlawful. This news release is not for distribution or release, directly or indirectly, in or into the United States, Ireland, the Republic of South Africa or Japan or any other jurisdiction in which its publication or distribution would be unlawful.

    Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this news release.

    This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

    The MIL Network –

  • MIL-OSI Russia: The 4th China-Russia Youth Jiu-Jitsu Championship was held in Jilin Province

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    BEIJING, July 8 (Xinhua) — The 4th China-Russia Youth Jiu-Jitsu Championships opened at the Sports Complex of Yanbian Korean Autonomous Prefecture (Jilin Province, northeast China) on July 6.

    According to the Jilin Provincial Physical Culture and Sports Administration, the competition arena hosted over 50 young athletes from Russia and over 50 athletes from the aforementioned autonomous region in both male and female categories. The participants ranged in age from 6 to 18 years old.

    On the tatami, Chinese and Russian athletes demonstrated graceful movements, throwing with impeccable precision, and deftly demonstrating painful and choking techniques. The virtuoso fights between Chinese and Russian athletes became a clash of strength and intellect, and the principle of “through sport to friendship” enriched the palette of sports and cultural exchange between the two countries.

    The championship is aimed at implementing the “Sports Power” and “Healthy China” strategies. The organization of bilateral and multilateral youth competitions and educational and research projects with countries around Northeast Asia strengthens international sports cooperation. The unique “competition plus tourism plus commerce” format continuously infuses Yanbian, a popular tourist destination, with vitality. -0-

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

    .

    MIL OSI Russia News –

  • MIL-OSI: Epiq Bolsters its Leadership of Class Action Administration in the UK and Europe with the Acquisition of Case Pilots

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) — Epiq announced today that it has acquired Case Pilots, one of the UK’s leading claims administration companies.

    Epiq is the world’s leading class actions and claims administrator and the largest in North America. The firm’s stellar reputation is evidenced through the successful management and distribution of some of the largest settlements in history. With over 30 years’ experience, clients rely on the deep bench of Epiq experts for guidance in driving cases forward and helping to deliver positive outcomes in the highest-profile and most-complex collective actions in the world.

    Epiq has been supporting Class Representatives and law firms bringing collective actions in the UK since the Consumer Rights Act was passed in 2015. In addition to building on the expertise and technology solutions delivered to clients, this acquisition expands Epiq’s offering in the market to include the administration of group litigation, reinforcing its position as a global leader in the space.

    Case Pilots employees have joined Epiq, including Co-founder and CEO Clare Ducksbury, who will now serve as Senior Vice President, Epiq Class Action Solutions Europe, and Co-founder and Chief Information Officer Clinton Smith, who will join Epiq’s product development team in a leadership role. The Case Pilots team has a solid track record of providing strategic consulting advice to law firms tackling the challenges posed by collective actions in the UK and Continental Europe.

    Nicole Hamann, President of the Class Action, Remediation, and Mass Tort business at Epiq, said, “The acquisition of Case Pilots marks a significant milestone and reinforces and expands the ability of Epiq to deliver claims management services to clients across the globe by strengthening our foothold in the UK and Europe. The excellent reputations of Clare, Clinton, and the Case Pilots team in the UK market is well-earned and we look forward to what we will accomplish together for our clients.”

    Commenting on the acquisition, Clare Ducksbury said, “We are delighted to be joining forces with Epiq, who is the global leader in this space, and we look forward to expanding the breadth of technology solutions and expertise that we can offer to our much-valued clients. Our team has a strong track record of supporting group and collective actions in the UK and Europe, and we are all very excited about what’s ahead.”

    Epiq Class Action and Claims Solutions operates globally including in the US, UK, Canada, Australia and Europe. Epiq has been ranked first among claims administrators by Institutional Shareholder Services Securities Class Action Services for the last seven years, having administered most of the largest US class actions settlements exceeding a total of $35 billion in value. Leveraging advanced technology and rigorous data security protocols, Epiq works with the Courts, settling parties and class members to efficiently and securely manage and distribute class action and mass tort settlements.

    About Epiq
    Epiq, a technology and services leader, takes on large-scale and complex tasks for corporate legal departments, law firms, and business professionals by integrating people, process, technology, and data. Clients rely on Epiq to streamline legal and compliance, settlement, and business administration workflows to drive efficiency, minimize risk, and improve cost savings. With a presence in 19 countries, our values define who we are and how we partner with clients and communities. Learn how Epiq and its 6,100 people worldwide create meaningful change at www.epiqglobal.com.

    Press Contact
    Carrie Trent
    Epiq, Senior Director of Communications and Public Relations
    Carrie.Trent@epiqglobal.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/9540abc1-aa7c-4424-ad45-209f74f2fefc

    The MIL Network –

  • MIL-OSI Asia-Pac: Foreign Minister Lin hosts welcome luncheon for Polish parliamentary delegation led by Deputy Horbatowski, announces Taiwan to open market to fresh blueberries from Poland

    Source: Republic of China Taiwan

    Foreign Minister Lin hosts welcome luncheon for Polish parliamentary delegation led by Deputy Horbatowski, announces Taiwan to open market to fresh blueberries from Poland

    Date：2025-07-01
    Data Source：Department of European Affairs

    July 1, 2025  
    No. 227  

    On July 1, Minister of Foreign Affairs Lin Chia-lung hosted a luncheon for visiting deputies of the Sejm of the Republic of Poland—Łukasz Horbatowski, Marek Chmielewski, and Iwona Krawczyk—who also serve on the Polish-Taiwanese Parliamentarian Group. The two sides exchanged views on issues such as bilateral relations, economic and trade cooperation, and cultural exchanges.
     
    In his remarks, Minister Lin pointed out that the Polish-Taiwanese Parliamentarian Group was the largest group of its kind in the Sejm. He thanked members of the Polish parliament for their long-term support of Taiwan through concrete actions. Minister Lin said that cooperation between Taiwan and Poland in economics, trade, higher education, judicial matters, technology, and other domains had continued to deepen in recent years. He expressed hope that, building on the existing foundations, the two countries would further work together to strengthen interactions and exchanges. 
     
    Furthermore, Minister Lin announced that Taiwan had recently approved the import of fresh blueberries from Poland. Once final administrative procedures were completed, he said, the people of Taiwan would have the opportunity to enjoy high-quality Polish blueberries, benefiting both Polish farmers and Taiwanese consumers. Minister Lin also noted that Taiwan possessed a world-leading ICT sector while Poland had outstanding professional talent and production capacity, which presented opportunities for bilateral collaboration in artificial intelligence, drones, and advanced chips. Minister Lin said he looked forward to continued collaboration between the two countries to build resilient and democratic non-red supply chains.
     
    Mr. Horbatowski, who was visiting Taiwan for the first time, expressed his appreciation for Minister Lin’s invitation and said that he was impressed with Taiwan’s advanced political and economic development. He added that Poland, as a major exporter of agricultural products, welcomed Taiwan’s decision to approve fresh blueberry imports and added that he looked forward to continued cooperation in the agricultural and high-tech sectors to enhance the welfare of the people of both countries.
     
    Taiwan and Poland share the universal values of freedom and democracy. The Ministry of Foreign Affairs will continue to promote cooperation between the two nations in various fields so as to deepen their resilient partnership, create sustainable prosperity and well-being for the people of Taiwan and Poland, and uphold their hard-earned democratic achievements. (E)

    MIL OSI Asia Pacific News –

  • Alien planet lashed by huge flares from its ‘angry beast’ star

    Source: Government of India

    Source: Government of India (4)

    Scientists are tracking a large gas planet experiencing quite a quandary as it orbits extremely close to a young star – a predicament never previously observed.

    This exoplanet, as planets beyond our solar system are called, orbits its star so tightly that it appears to trigger flares from the stellar surface – larger than any observed from the sun – reaching several million miles (km) into space that over time may strip much of this unlucky world’s atmosphere.

    The phenomenon appears to be caused by the planet’s interaction with the star’s magnetic field, according to the researchers. And this star is a kind known to flare, especially when young.

    “A young star of this type is an angry beast, especially if you’re sitting as close up as this planet does,” said Netherlands Institute for Radio Astronomy astrophysicist Ekaterina Ilin, lead author of the study published in the journal Nature.

    The star, called HIP 67522, is slightly more massive than the sun and is located about 407 light-years from Earth in the constellation Centaurus. A light-year is the distance light travels in a year, 5.9 trillion miles (9.5 trillion km).

    This star and planet, as well as a second smaller gas planet also detected in this planetary system, are practically newborns. Whereas the sun and our solar system’s planets are roughly 4.5 billion years old, this star is about 17 million years old, with its planets slightly younger.

    The planet, named HIP 67522 b, has a diameter almost the size of Jupiter, our solar system’s largest planet, but with only 5% of Jupiter’s mass. That makes it one of the puffiest exoplanets known, with a consistency reminiscent of cotton candy (candy floss).

    It orbits five times closer to its star than our solar system’s innermost planet Mercury orbits the sun, needing only seven days to complete an orbit.

    A flare is an intense eruption of electromagnetic radiation emanating from the outermost part of a star’s atmosphere, called the corona. So how does HIP 67522 b elicit huge flares from the star? As it orbits, it apparently interacts with the star’s magnetic field – either through its own magnetic field or perhaps through the presence of conducting material such as iron in the planet’s composition.

    “We don’t know for sure what the mechanism is. We think it is plausible that the planet moves within the star’s magnetic field and whips up a wave that travels along magnetic field lines to the star. When the wave reaches the stellar corona, it triggers flares in large magnetic field loops that store energy, which is released by the wave,” Ilin said.

    “As it moves through the field like a boat on a lake, it creates waves in its wake,” Ilin added. “The flares these waves trigger when they crash into the star are a new phenomenon. This is important because it had never been observed before, especially at the intensity detected.”

    The researchers believe it is a specific type of wave called an Alfvén wave, named for 20th century Swedish physicist and Nobel Prize laureate Hannes Alfvén, that propagates due to the interaction of magnetic fields.

    The flares may heat up and inflate the planet’s atmosphere, which is dominated by hydrogen and helium. Being lashed by these flares could blast away lighter elements from the atmosphere and reduce the planet’s mass over perhaps hundreds of millions of years.

    “At that time, it will have lost most if not all the light elements, and become what’s called a sub-Neptune – a gas planet smaller than Neptune,” Ilin said, referring to the smallest of our solar system’s gas planets.

    The researchers used observations by two space telescopes: NASA’s TESS, short for Transiting Exoplanet Survey Satellite, and the European Space Agency’s CHEOPS, short for CHaracterising ExOPlanet Satellite.

    The plight of HIP 67522 b illustrates the many circumstances under which exoplanets exist.

    “It is certainly no sheltered youth for this planet. But I am not sad about it. I enjoy diversity in all things nature, and what this planet will eventually become – perhaps a sub-Neptune rich in heavy elements that did not evaporate – is no less fascinating than what we observe today.”

    (Reuters)