Category: Asia Pacific

  • Trinidad & Tobago PM praises Narendra Modi, to confer nation’s highest civilian honour

    Source: Government of India

    Source: Government of India (4)

    Trinidad and Tobago Prime Minister Kamla Persad-Bissessar on Thursday praised Indian PM Narendra Modi’s leadership and announced that the country’s highest civilian honour, “The Order of the Republic of Trinidad and Tobago,” will be conferred upon him on Friday.

    The award is being bestowed in recognition of PM Modi’s global leadership, his deep engagement with the Indian diaspora, and his humanitarian efforts during the Covid-19 pandemic.

    In her address, Prime Minister Persad-Bissessar described PM Modi’s visit as a moment of shared pride and historical connection.

    “We are graced by the presence of someone who is near and dear to us,” she said. “We are honoured by a leader whose visit is not just a matter of protocol but a profound gesture of friendship. I am deeply privileged to welcome one of the world’s most respected and visionary leaders – Prime Minister Narendra Modi of India.”

    Calling him a transformational force, she added, “You have refined governance in India and positioned your country as a dominant global power.”

    She further lauded his visionary leadership, “Through your futuristic initiatives, you have modernised the Indian economy, empowered over a billion citizens, and instilled pride in the hearts of Indians across the globe.”

    Recalling PM Modi’s earlier visit to Trinidad and Tobago in 2002, she said, “Back then, you visited not as a Prime Minister but as a cultural ambassador. Today, you return as the elected leader of more than 1.4 billion people—a distinguished statesman whose influence transcends borders. We bow to you, Sir.”

    Persad-Bissessar also highlighted Modi’s unwavering support for the Indian diaspora and his efforts to preserve shared heritage and cultural bonds. She expressed deep gratitude for India’s support during the Covid-19 pandemic, particularly through its global vaccine initiative.

    “Under your leadership, India extended its hand to the world – never more so than during the pandemic. Through your compassion and benevolence, vaccines and medical supplies reached even the smallest nations, including Trinidad and Tobago. You brought hope and calm where there was fear. This was more than diplomacy; it was an act of kinship, of shared humanity, and of love,” she said.

    “This is one of the many reasons we are proud to confer upon you the Order of the Republic of Trinidad and Tobago,” she added.

    The honour adds to a growing list of accolades awarded to Prime Minister Modi during his current Caribbean tour. Earlier, Barbados, Guyana, and Dominica also conferred their highest national awards on him.

    The governments of Guyana and Dominica cited PM Modi’s exceptional leadership during the pandemic, his contribution to the global community, and his efforts to strengthen bilateral ties with the Caribbean nations.

  • Trinidad & Tobago PM praises Narendra Modi, to confer nation’s highest civilian honour

    Source: Government of India

    Source: Government of India (4)

    Trinidad and Tobago Prime Minister Kamla Persad-Bissessar on Thursday praised Indian PM Narendra Modi’s leadership and announced that the country’s highest civilian honour, “The Order of the Republic of Trinidad and Tobago,” will be conferred upon him on Friday.

    The award is being bestowed in recognition of PM Modi’s global leadership, his deep engagement with the Indian diaspora, and his humanitarian efforts during the Covid-19 pandemic.

    In her address, Prime Minister Persad-Bissessar described PM Modi’s visit as a moment of shared pride and historical connection.

    “We are graced by the presence of someone who is near and dear to us,” she said. “We are honoured by a leader whose visit is not just a matter of protocol but a profound gesture of friendship. I am deeply privileged to welcome one of the world’s most respected and visionary leaders – Prime Minister Narendra Modi of India.”

    Calling him a transformational force, she added, “You have refined governance in India and positioned your country as a dominant global power.”

    She further lauded his visionary leadership, “Through your futuristic initiatives, you have modernised the Indian economy, empowered over a billion citizens, and instilled pride in the hearts of Indians across the globe.”

    Recalling PM Modi’s earlier visit to Trinidad and Tobago in 2002, she said, “Back then, you visited not as a Prime Minister but as a cultural ambassador. Today, you return as the elected leader of more than 1.4 billion people—a distinguished statesman whose influence transcends borders. We bow to you, Sir.”

    Persad-Bissessar also highlighted Modi’s unwavering support for the Indian diaspora and his efforts to preserve shared heritage and cultural bonds. She expressed deep gratitude for India’s support during the Covid-19 pandemic, particularly through its global vaccine initiative.

    “Under your leadership, India extended its hand to the world – never more so than during the pandemic. Through your compassion and benevolence, vaccines and medical supplies reached even the smallest nations, including Trinidad and Tobago. You brought hope and calm where there was fear. This was more than diplomacy; it was an act of kinship, of shared humanity, and of love,” she said.

    “This is one of the many reasons we are proud to confer upon you the Order of the Republic of Trinidad and Tobago,” she added.

    The honour adds to a growing list of accolades awarded to Prime Minister Modi during his current Caribbean tour. Earlier, Barbados, Guyana, and Dominica also conferred their highest national awards on him.

    The governments of Guyana and Dominica cited PM Modi’s exceptional leadership during the pandemic, his contribution to the global community, and his efforts to strengthen bilateral ties with the Caribbean nations.

  • Trinidad & Tobago PM praises Narendra Modi, to confer nation’s highest civilian honour

    Source: Government of India

    Source: Government of India (4)

    Trinidad and Tobago Prime Minister Kamla Persad-Bissessar on Thursday praised Indian PM Narendra Modi’s leadership and announced that the country’s highest civilian honour, “The Order of the Republic of Trinidad and Tobago,” will be conferred upon him on Friday.

    The award is being bestowed in recognition of PM Modi’s global leadership, his deep engagement with the Indian diaspora, and his humanitarian efforts during the Covid-19 pandemic.

    In her address, Prime Minister Persad-Bissessar described PM Modi’s visit as a moment of shared pride and historical connection.

    “We are graced by the presence of someone who is near and dear to us,” she said. “We are honoured by a leader whose visit is not just a matter of protocol but a profound gesture of friendship. I am deeply privileged to welcome one of the world’s most respected and visionary leaders – Prime Minister Narendra Modi of India.”

    Calling him a transformational force, she added, “You have refined governance in India and positioned your country as a dominant global power.”

    She further lauded his visionary leadership, “Through your futuristic initiatives, you have modernised the Indian economy, empowered over a billion citizens, and instilled pride in the hearts of Indians across the globe.”

    Recalling PM Modi’s earlier visit to Trinidad and Tobago in 2002, she said, “Back then, you visited not as a Prime Minister but as a cultural ambassador. Today, you return as the elected leader of more than 1.4 billion people—a distinguished statesman whose influence transcends borders. We bow to you, Sir.”

    Persad-Bissessar also highlighted Modi’s unwavering support for the Indian diaspora and his efforts to preserve shared heritage and cultural bonds. She expressed deep gratitude for India’s support during the Covid-19 pandemic, particularly through its global vaccine initiative.

    “Under your leadership, India extended its hand to the world – never more so than during the pandemic. Through your compassion and benevolence, vaccines and medical supplies reached even the smallest nations, including Trinidad and Tobago. You brought hope and calm where there was fear. This was more than diplomacy; it was an act of kinship, of shared humanity, and of love,” she said.

    “This is one of the many reasons we are proud to confer upon you the Order of the Republic of Trinidad and Tobago,” she added.

    The honour adds to a growing list of accolades awarded to Prime Minister Modi during his current Caribbean tour. Earlier, Barbados, Guyana, and Dominica also conferred their highest national awards on him.

    The governments of Guyana and Dominica cited PM Modi’s exceptional leadership during the pandemic, his contribution to the global community, and his efforts to strengthen bilateral ties with the Caribbean nations.

  • Trinidad & Tobago PM praises Narendra Modi, to confer nation’s highest civilian honour

    Source: Government of India

    Source: Government of India (4)

    Trinidad and Tobago Prime Minister Kamla Persad-Bissessar on Thursday praised Indian PM Narendra Modi’s leadership and announced that the country’s highest civilian honour, “The Order of the Republic of Trinidad and Tobago,” will be conferred upon him on Friday.

    The award is being bestowed in recognition of PM Modi’s global leadership, his deep engagement with the Indian diaspora, and his humanitarian efforts during the Covid-19 pandemic.

    In her address, Prime Minister Persad-Bissessar described PM Modi’s visit as a moment of shared pride and historical connection.

    “We are graced by the presence of someone who is near and dear to us,” she said. “We are honoured by a leader whose visit is not just a matter of protocol but a profound gesture of friendship. I am deeply privileged to welcome one of the world’s most respected and visionary leaders – Prime Minister Narendra Modi of India.”

    Calling him a transformational force, she added, “You have refined governance in India and positioned your country as a dominant global power.”

    She further lauded his visionary leadership, “Through your futuristic initiatives, you have modernised the Indian economy, empowered over a billion citizens, and instilled pride in the hearts of Indians across the globe.”

    Recalling PM Modi’s earlier visit to Trinidad and Tobago in 2002, she said, “Back then, you visited not as a Prime Minister but as a cultural ambassador. Today, you return as the elected leader of more than 1.4 billion people—a distinguished statesman whose influence transcends borders. We bow to you, Sir.”

    Persad-Bissessar also highlighted Modi’s unwavering support for the Indian diaspora and his efforts to preserve shared heritage and cultural bonds. She expressed deep gratitude for India’s support during the Covid-19 pandemic, particularly through its global vaccine initiative.

    “Under your leadership, India extended its hand to the world – never more so than during the pandemic. Through your compassion and benevolence, vaccines and medical supplies reached even the smallest nations, including Trinidad and Tobago. You brought hope and calm where there was fear. This was more than diplomacy; it was an act of kinship, of shared humanity, and of love,” she said.

    “This is one of the many reasons we are proud to confer upon you the Order of the Republic of Trinidad and Tobago,” she added.

    The honour adds to a growing list of accolades awarded to Prime Minister Modi during his current Caribbean tour. Earlier, Barbados, Guyana, and Dominica also conferred their highest national awards on him.

    The governments of Guyana and Dominica cited PM Modi’s exceptional leadership during the pandemic, his contribution to the global community, and his efforts to strengthen bilateral ties with the Caribbean nations.

  • Trinidad & Tobago PM praises Narendra Modi, to confer nation’s highest civilian honour

    Source: Government of India

    Source: Government of India (4)

    Trinidad and Tobago Prime Minister Kamla Persad-Bissessar on Thursday praised Indian PM Narendra Modi’s leadership and announced that the country’s highest civilian honour, “The Order of the Republic of Trinidad and Tobago,” will be conferred upon him on Friday.

    The award is being bestowed in recognition of PM Modi’s global leadership, his deep engagement with the Indian diaspora, and his humanitarian efforts during the Covid-19 pandemic.

    In her address, Prime Minister Persad-Bissessar described PM Modi’s visit as a moment of shared pride and historical connection.

    “We are graced by the presence of someone who is near and dear to us,” she said. “We are honoured by a leader whose visit is not just a matter of protocol but a profound gesture of friendship. I am deeply privileged to welcome one of the world’s most respected and visionary leaders – Prime Minister Narendra Modi of India.”

    Calling him a transformational force, she added, “You have refined governance in India and positioned your country as a dominant global power.”

    She further lauded his visionary leadership, “Through your futuristic initiatives, you have modernised the Indian economy, empowered over a billion citizens, and instilled pride in the hearts of Indians across the globe.”

    Recalling PM Modi’s earlier visit to Trinidad and Tobago in 2002, she said, “Back then, you visited not as a Prime Minister but as a cultural ambassador. Today, you return as the elected leader of more than 1.4 billion people—a distinguished statesman whose influence transcends borders. We bow to you, Sir.”

    Persad-Bissessar also highlighted Modi’s unwavering support for the Indian diaspora and his efforts to preserve shared heritage and cultural bonds. She expressed deep gratitude for India’s support during the Covid-19 pandemic, particularly through its global vaccine initiative.

    “Under your leadership, India extended its hand to the world – never more so than during the pandemic. Through your compassion and benevolence, vaccines and medical supplies reached even the smallest nations, including Trinidad and Tobago. You brought hope and calm where there was fear. This was more than diplomacy; it was an act of kinship, of shared humanity, and of love,” she said.

    “This is one of the many reasons we are proud to confer upon you the Order of the Republic of Trinidad and Tobago,” she added.

    The honour adds to a growing list of accolades awarded to Prime Minister Modi during his current Caribbean tour. Earlier, Barbados, Guyana, and Dominica also conferred their highest national awards on him.

    The governments of Guyana and Dominica cited PM Modi’s exceptional leadership during the pandemic, his contribution to the global community, and his efforts to strengthen bilateral ties with the Caribbean nations.

  • PM Modi attends traditional dinner hosted by Trinidad and Tobago Prime Minister

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi attended a traditional dinner hosted by Trinidad and Tobago Prime Minister Kamla Persad-Bissessar during his visit to the Caribbean nation on Thursday.

    In a symbolic gesture highlighting the cultural ties between India and Trinidad and Tobago, the dinner featured food served on a Sohari leaf- an element of cultural significance for the local community, particularly those of Indian descent.

    Sharing details of the dinner on X, Prime Minister Modi said, “The dinner hosted by Prime Minister Kamla Persad-Bissessar had food served on a Sohari leaf, which is of great cultural significance to the people of Trinidad & Tobago, especially those with Indian roots. Here, food is often served on this leaf during festivals and other special programmes.”

    Prime Minister Modi’s visit to Port of Spain marks the second stop on his ongoing five-nation tour. This is his first visit to Trinidad and Tobago as Prime Minister, and the first bilateral visit by an Indian Prime Minister to the Caribbean nation since 1999. The visit comes at the invitation of the Trinidad and Tobago Prime Minister and aims to further strengthen bilateral ties between the two countries.

     

  • MIL-OSI Banking: Development Asia: Strategic Fiscal Policy for Public Health: The Use of Health Tax in Asia and the Pacific

    Source: Asia Development Bank

    The implementation of health taxes requires coordination and collaboration across different government agencies to ensure alignment and coherence across all sectors, particularly the Ministry of Finance (tax administration and design) and the Ministry of Health (advocating for health and evidence). Several countries in Asia and the Pacific have successfully implemented health tax strategies to improve public health and achieve health-financing goals.

    Case Study: the Philippines

    The 2012 Sin Tax reform in the Philippines marked a landmark policy shift by introducing a unitary excise tax with scheduled increases annually on tobacco and alcohol products. The reform was framed as a health policy reform rather than revenue generation. It adopted a strong intergovernmental approach, with active collaboration from the Ministry of Finance and Department of Health. The reform received tremendous support from both the public and government agencies. Between 2012 and 2018, prices of tobacco products increased by 113%, which led to a 30% plunge in smoking prevalence among adults and a 10%–18% drop among young adolescents in 2009–2021. This tax scheme also tripled tax revenues, reaching almost $3 billion in 2022.

    Despite these gains, the percentage share of health taxes remains limited, and the tobacco products are still relatively affordable due to the stagnant annual tax adjustment. The initial plan to adjust the tax every year according to inflation and population growth has not been applied, leading to limitations in deterring consumption. This emphasizes the importance of adjusting health tax rates in response to inflation, so the real value of the tax is maintained at the appropriate level.[1]

    Case Study: Thailand

    Thailand’s sugar-sweetened beverages tax, reformed in 2017 by the Ministry of Health, Ministry of Finance, and Thailand Health Promotion Foundation, represents another benchmark. It introduced a tiered-tax approach, where specific tax rates on sugar content and ad valorem (based on value) taxes were applied.

    The new ad valorem tax was reduced from 20% to a range of 0%–14% based on the type of beverage (e.g., 10% for fruit-related drinks). An additional specific tax rate was also used to adjust for sugar content, where beverages with more than 6 grams of sugar per 100 milliliters are taxed at higher rates than those with lower sugar content. During the first phase of implementation, average sugar content in beverages significantly dropped from 16.7g to 10.6g per 100ml.

    However, concerns have been raised regarding the impact of this tax on low-income populations. This situation emphasizes the need for clear and strategic communication to ensure transparency in monitoring and evaluation.

    MIL OSI Global Banks

  • MIL-OSI Economics: Result of the 7-day Variable Rate Reverse Repo (VRRR) auction held on July 04, 2025

    Source: Reserve Bank of India

    Tenor 7-day
    Notified Amount (in ₹ crore) 1,00,000
    Total amount of offers received (in ₹ crore) 1,70,880
    Amount accepted (in ₹ crore) 1,00,010
    Cut off Rate (%) 5.47
    Weighted Average Rate (%) 5.44
    Partial Acceptance Percentage of offers received at cut off rate 60.45

    Ajit Prasad          
    Deputy General Manager
    (Communications)    

    Press Release: 2025-2026/651

    MIL OSI Economics

  • MIL-OSI New Zealand: Infrastructure Minister to visit United States

    Source: New Zealand Government

    Infrastructure, Transport and Housing Minister Chris Bishop will travel to New York and Texas tomorrow for a range of meetings across housing, planning, urban development and transport, including a keynote speech at the Urban Design Forum’s Global Exchange Programme.

    “In New York I will be holding a series of meetings with city officials and other stakeholders about their introduction of congestion pricing. The early results for New York are very promising, and with legislation allowing time of use charging schemes in New Zealand soon to report back from select committee, I look forward to bringing home lessons learned to ensure our scheme is a success from the start,” Mr Bishop says.

    “While in New York, I will meet with Professor Edward Glaeser, a leading global expert on urban economics, to discuss how governments can support affordable, thriving, and productive cities. I will also deliver a keynote speech at the Urban Design Forum’s Global Exchange Programme, highlighting the Coalition Government’s efforts to create a well-functioning urban land and housing system. The Forum is a network of over 1,000 civic leaders committed to making New York a better place to live – a goal I strongly share for New Zealand.

    “I will also spend a couple of days in Houston, Texas, the home of affordable housing in the United States. My engagements will focus on conversations with government agencies and local experts about their planning system and funding and financing tools which have seen the city make significant gains in delivering affordable housing.

    “The Government’s ‘Going for Housing Growth’ policy draws lessons from the flexible land markets enabled by a liberal planning system in jurisdictions like Texas and I am looking forward to discussing this with local experts.”

    Mr Bishop departs for the United States on Saturday 5 July and will return on Sunday 13 July.

    MIL OSI New Zealand News

  • MIL-OSI New Zealand: Employment – Uber drivers to rally at Supreme Court as appeal heard – Workers First Union

    Source: Workers First Union

    WHAT: Workers First Union Uber drivers will be rallying outside the Supreme Court on Tuesday morning as Uber’s appeal begins in Wellington over a 2022 Employment Court case that found four drivers had been misclassified as contractors rather than employees of the company.
    WHEN: Tuesday 8 July, 09:00-09:30
    WHERE: Outside the Supreme Court, 85 Lambton Quay, between Ballance & Whitmore Street, Wellington 6011
    WHY:
    Dennis Maga, Workers First Union General Secretary, said that the Uber case, which had first been won by drivers in 2022, was the most significant employment case in recent New Zealand history and would have major ramifications for contractors and the ‘gig economy’.
    “The Employment Court and the Court of Appeal have already ruled that Uber drivers should be entitled to real employment protections like a minimum wage, sick leave, and the right to bargain collectively with Uber over wages and conditions as they already have to do in many overseas jurisdictions,” said Mr Maga.
    “Uber’s entire strategy is to misclassify themselves as a ‘tech company’ rather than a transport provider, to misclassify drivers as independent contractors, and to mislead politicians with bad faith arguments about “flexibility” to limit their responsibility to our country and economy.”
    “Uber drivers deserve real employment protections, and we sincerely hope that the Supreme Court will scrutinise the company’s arguments carefully and reaffirm the standard set in the Employment Court’s original verdict.”
    Mr Maga said hundreds of Uber drivers have joined Workers First since the Employment Court’s 2022 verdict and the union has lodged backpay claims for underpaid wages and leave on their behalf.
    Background information
    • A new report released this week by the Centre for International Corporate Tax Accountability and Research (CICTAR) and commissioned by Workers First Union, argues that Uber appears to be shifting hundreds of millions in misclassified profits out of New Zealand, costing the country millions in tax revenue.
    • For a timeline of the judicial process following the original Employment Court verdict on the case of the four Uber drivers, please see the union’s past media release on the Court of Appeal’s dismissal of Uber’s appeal.

    MIL OSI New Zealand News

  • MIL-OSI: Bitget Wallet Cuts Onchain TRON USDT Fees by 50% with GetGas Upgrade

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, July 04, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, the leading non-custodial crypto wallet, has introduced a major upgrade to its gas abstraction feature, GetGas, reducing onchain TRON USDT transfer fees by 50%. The feature now offers users a gas-free first transfer and subsidized rates on all subsequent USDT transfers conducted via TRON. With this update, Bitget Wallet becomes the most cost-efficient option among mainstream wallets for onchain USDT transactions on TRON.

    GetGas is Bitget Wallet’s native gas payment abstraction system, enabling users to deposit USDT, USDC, ETH, or BGB into a unified balance to cover gas fees across 10 supported blockchains, including, TRON, Ethereum, Solana, BNB Chain, Polygon, Base, Arbitrum, Optimism, TON, and Morph Chain. Whether conducting transfers, swaps, or interacting with dApps, users can pay gas directly from their GetGas balance without needing to hold the native token of each chain. On TRON, this means users can send USDT without holding TRX, with GetGas automatically sourcing and applying energy subsidies to reduce costs.

    While TRON remains one of the most liquid and high-throughput stablecoin networks, gas management onchain can be complex for average users. Its resource model is based on “energy,” which must be acquired through staking TRX or using external rental platforms — both of which require manual setup and present price fluctuations. Bitget Wallet’s integration abstracts this away by sourcing energy within the app and applying subsidies through GetGas, creating a seamless and reliable onchain experience. By eliminating the need to manually manage TRX or energy, GetGas brings the usability of self-custodial wallets closer to the convenience typically seen in centralized platforms while preserving full user control and decentralization.

    TRON has emerged as the dominant network for USDT transfers, processing more than 2.4 million transactions daily and hosting over $80 billion in circulating USDT. Daily volume ranges from $20 to $30 billion, primarily driven by remittances, micro-payments, and trading flows. According to onchain data, activity is concentrated in South Asia, Southeast Asia, Africa, and Latin America — regions where stablecoins are widely used for cross-border transactions. By integrating TRON energy handling directly into GetGas, Bitget Wallet aims to support these user segments with more predictable and accessible transaction costs.

    Our vision is to make Web3 as seamless as Web2,” said Jamie Elkaleh, CMO of Bitget Wallet. “TRON USDT transfers have long been efficient in theory but frustrating in practice due to inconsistent gas mechanics. GetGas solves that by handling the complexity behind the scenes and delivering a reliable, cost-effective experience that users can trust.”

    This upgrade aligns with Bitget Wallet’s broader strategy to reduce friction in decentralized finance. The wallet already offers smart routing for multi-chain swaps, gasless top-ups, curated discovery tools, and a growing suite of payment features. With more than 80 million users and support for over 130 blockchains, Bitget Wallet continues to expand its infrastructure to meet the evolving needs of the global crypto community.

    For more information, visit Bitget Wallet Academy.

    About Bitget Wallet
    Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple and secure for everyone. With over 80 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, DApp exploration, and payment solutions. Supporting 130+ blockchains and millions of tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets. Its vision is Crypto for Everyone — to make crypto simpler, safer, and part of everyday life for a billion people.
    For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook
    For media inquiries, contact media.web3@bitget.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/583a2a42-242a-42f3-af87-a18d5738bea0

    The MIL Network

  • MIL-OSI: Bitget Wallet Cuts Onchain TRON USDT Fees by 50% with GetGas Upgrade

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, July 04, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, the leading non-custodial crypto wallet, has introduced a major upgrade to its gas abstraction feature, GetGas, reducing onchain TRON USDT transfer fees by 50%. The feature now offers users a gas-free first transfer and subsidized rates on all subsequent USDT transfers conducted via TRON. With this update, Bitget Wallet becomes the most cost-efficient option among mainstream wallets for onchain USDT transactions on TRON.

    GetGas is Bitget Wallet’s native gas payment abstraction system, enabling users to deposit USDT, USDC, ETH, or BGB into a unified balance to cover gas fees across 10 supported blockchains, including, TRON, Ethereum, Solana, BNB Chain, Polygon, Base, Arbitrum, Optimism, TON, and Morph Chain. Whether conducting transfers, swaps, or interacting with dApps, users can pay gas directly from their GetGas balance without needing to hold the native token of each chain. On TRON, this means users can send USDT without holding TRX, with GetGas automatically sourcing and applying energy subsidies to reduce costs.

    While TRON remains one of the most liquid and high-throughput stablecoin networks, gas management onchain can be complex for average users. Its resource model is based on “energy,” which must be acquired through staking TRX or using external rental platforms — both of which require manual setup and present price fluctuations. Bitget Wallet’s integration abstracts this away by sourcing energy within the app and applying subsidies through GetGas, creating a seamless and reliable onchain experience. By eliminating the need to manually manage TRX or energy, GetGas brings the usability of self-custodial wallets closer to the convenience typically seen in centralized platforms while preserving full user control and decentralization.

    TRON has emerged as the dominant network for USDT transfers, processing more than 2.4 million transactions daily and hosting over $80 billion in circulating USDT. Daily volume ranges from $20 to $30 billion, primarily driven by remittances, micro-payments, and trading flows. According to onchain data, activity is concentrated in South Asia, Southeast Asia, Africa, and Latin America — regions where stablecoins are widely used for cross-border transactions. By integrating TRON energy handling directly into GetGas, Bitget Wallet aims to support these user segments with more predictable and accessible transaction costs.

    Our vision is to make Web3 as seamless as Web2,” said Jamie Elkaleh, CMO of Bitget Wallet. “TRON USDT transfers have long been efficient in theory but frustrating in practice due to inconsistent gas mechanics. GetGas solves that by handling the complexity behind the scenes and delivering a reliable, cost-effective experience that users can trust.”

    This upgrade aligns with Bitget Wallet’s broader strategy to reduce friction in decentralized finance. The wallet already offers smart routing for multi-chain swaps, gasless top-ups, curated discovery tools, and a growing suite of payment features. With more than 80 million users and support for over 130 blockchains, Bitget Wallet continues to expand its infrastructure to meet the evolving needs of the global crypto community.

    For more information, visit Bitget Wallet Academy.

    About Bitget Wallet
    Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple and secure for everyone. With over 80 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, DApp exploration, and payment solutions. Supporting 130+ blockchains and millions of tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets. Its vision is Crypto for Everyone — to make crypto simpler, safer, and part of everyday life for a billion people.
    For more information, visit: X | Telegram | Instagram | YouTube | LinkedIn | TikTok | Discord | Facebook
    For media inquiries, contact media.web3@bitget.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/583a2a42-242a-42f3-af87-a18d5738bea0

    The MIL Network

  • MIL-OSI Video: Minister Lamola briefs media ahead of DIRCO Budget Vote Speech

    Source: Republic of South Africa (video statements)

    03 July 2025

    Minister Lamola to deliver DIRCO Budget Vote Speech, which is to be preceded by a media briefing

    The Minister of International Relations and Cooperation, Mr Ronald Lamola, will deliver the Budget Vote Speech of the Department of International Relations and Cooperation (DIRCO) on Thursday, 03 July 2025, in Parliament, Cape Town.

    Minister Lamola will use the occasion to outline South Africa’s foreign policy priorities for the financial year 2025-2026, focussing on programmes and activities aligned to the attainment of the priorities of the Seventh Administration.

    Deputy Ministers Mr Alvin Botes and Ms Thandi Moraka will also deliver remarks during the debate on the Budget Vote Speech, focusing on South Africa’s relations with Europe and the Americas as well as Asia and Middle East regions, respectively.

    Ahead of the Budget Vote Speech, Minister Lamola is scheduled to hold a media briefing.

    The media briefing will take place as follows:

    Date: Thursday, 03 July 2025
    Time: 15:00
    Venue: Imbizo Media Centre, Parliament, Cape Town

    The DIRCO Budget Vote Speech is scheduled for 16h30, Good Hope Chamber.

    Media RSVP: Mpho Rakgakole, rakgakolem@dirco.gov.za

    ISSUED BY THE DEPARTMENT OF INTERNATIONAL RELATIONS AND COOPERATION

    OR Tambo Building
    460 Soutpansberg Road
    Rietondale
    Pretoria
    0084

    https://www.youtube.com/watch?v=v5Xn4odiU2E

    MIL OSI Video

  • PM Modi visits Trinidad, home to 42% Indian-origin population

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi arrived in Port of Spain on Thursday, marking the second stop of his ongoing five-nation tour. During his visit, the Prime Minister is scheduled to hold high-level discussions with the top leadership of Trinidad and Tobago to further strengthen bilateral ties.

    Historical ties rooted in migration

    The bond between India and Trinidad and Tobago traces back to the mid-19th century, when the subcontinent contributed nearly 143,000 indentured workers to Trinidad between 1845 and 1917. The majority hailed from Northern India, particularly from present-day Uttar Pradesh and Bihar. Many descendants still take pride in identifying their ancestral villages, districts (Zila), and fiscal units (Pargana).

    While these workers originally came for contractual labour lasting three to five years, most chose to stay, with approximately 134,183 Indians ultimately settling and shaping the country’s cultural and social fabric.

    Over time, this community has moved beyond its origins in agriculture and indentured labour. Today, people of Indian descent- who make up about 42% of Trinidad and Tobago’s 1.4 million population- are active across sectors including business, law, politics, medicine, and academia. The transformation from indentureship to entrepreneurship reflects not only economic progress but also the enduring cultural and emotional ties with India.

    In addition to this historic community, there are also around 500 Non-Resident Indians (NRIs) in Trinidad and Tobago, many of whom are engaged in business and teaching. Indian presence in the local economy is further strengthened by Indian enterprises like New India Assurance, which operates in the insurance sector. Regular trade fairs showcasing Indian garments, handicrafts, and furniture have also helped popularise Indian products.

    The Indian diaspora remains the largest in the Caribbean, noted for its strong cultural identity and economic success. These close cultural and people-to-people ties continue to support the historical relationship between India and Trinidad and Tobago.

    Pravasi Bharatiya Divas: celebrating overseas Indians

    Pravasi Bharatiya Divas (PBD) is observed every year on January 9 to acknowledge the contributions of the overseas Indian community in India’s growth story. Since 2015, the PBD Convention is organised every two years, along with theme-based regional conferences in between. These events provide a platform for the diaspora to connect with India through knowledge sharing, investments and collaborations.

    The President of Trinidad and Tobago, Christine Carla Kangaloo, was virtually the Chief Guest at the 18th PBD in Bhubaneswar and was conferred the PBSA during India’s Republic Day celebrations in 2025.

    During the 17th PBD Convention in Indore in January 2023, High Court Justice Frank Seepersad from Trinidad and Tobago received the Pravasi Bharatiya Samman Award (PBSA)- India’s highest honour for overseas Indians. Over the years, prominent figures from Trinidad and Tobago like former Prime Ministers Basdeo Panday (2005) and Kamla Persad-Bissessar (2012), as well as former Ministers Winston Dookeran (2017) and Dr. Lenny Krishendath Saith (2010), have also been recipients of the PBSA. The National Council for Indian Culture was similarly honoured in 2008.

    The Ministry of External Affairs continues to engage with overseas Indians through various programmes. Among these is the Overseas Citizenship of India scheme, which allows eligible foreign nationals of Indian origin to register for special status and privileges in India. The Know India Programme offers diaspora youth a three-week opportunity to connect with their ancestral homeland and learn about India’s history, culture, economy and scientific achievements through study tours and interactions with experts.

  • PM Modi visits Trinidad, home to 42% Indian-origin population

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi arrived in Port of Spain on Thursday, marking the second stop of his ongoing five-nation tour. During his visit, the Prime Minister is scheduled to hold high-level discussions with the top leadership of Trinidad and Tobago to further strengthen bilateral ties.

    Historical ties rooted in migration

    The bond between India and Trinidad and Tobago traces back to the mid-19th century, when the subcontinent contributed nearly 143,000 indentured workers to Trinidad between 1845 and 1917. The majority hailed from Northern India, particularly from present-day Uttar Pradesh and Bihar. Many descendants still take pride in identifying their ancestral villages, districts (Zila), and fiscal units (Pargana).

    While these workers originally came for contractual labour lasting three to five years, most chose to stay, with approximately 134,183 Indians ultimately settling and shaping the country’s cultural and social fabric.

    Over time, this community has moved beyond its origins in agriculture and indentured labour. Today, people of Indian descent- who make up about 42% of Trinidad and Tobago’s 1.4 million population- are active across sectors including business, law, politics, medicine, and academia. The transformation from indentureship to entrepreneurship reflects not only economic progress but also the enduring cultural and emotional ties with India.

    In addition to this historic community, there are also around 500 Non-Resident Indians (NRIs) in Trinidad and Tobago, many of whom are engaged in business and teaching. Indian presence in the local economy is further strengthened by Indian enterprises like New India Assurance, which operates in the insurance sector. Regular trade fairs showcasing Indian garments, handicrafts, and furniture have also helped popularise Indian products.

    The Indian diaspora remains the largest in the Caribbean, noted for its strong cultural identity and economic success. These close cultural and people-to-people ties continue to support the historical relationship between India and Trinidad and Tobago.

    Pravasi Bharatiya Divas: celebrating overseas Indians

    Pravasi Bharatiya Divas (PBD) is observed every year on January 9 to acknowledge the contributions of the overseas Indian community in India’s growth story. Since 2015, the PBD Convention is organised every two years, along with theme-based regional conferences in between. These events provide a platform for the diaspora to connect with India through knowledge sharing, investments and collaborations.

    The President of Trinidad and Tobago, Christine Carla Kangaloo, was virtually the Chief Guest at the 18th PBD in Bhubaneswar and was conferred the PBSA during India’s Republic Day celebrations in 2025.

    During the 17th PBD Convention in Indore in January 2023, High Court Justice Frank Seepersad from Trinidad and Tobago received the Pravasi Bharatiya Samman Award (PBSA)- India’s highest honour for overseas Indians. Over the years, prominent figures from Trinidad and Tobago like former Prime Ministers Basdeo Panday (2005) and Kamla Persad-Bissessar (2012), as well as former Ministers Winston Dookeran (2017) and Dr. Lenny Krishendath Saith (2010), have also been recipients of the PBSA. The National Council for Indian Culture was similarly honoured in 2008.

    The Ministry of External Affairs continues to engage with overseas Indians through various programmes. Among these is the Overseas Citizenship of India scheme, which allows eligible foreign nationals of Indian origin to register for special status and privileges in India. The Know India Programme offers diaspora youth a three-week opportunity to connect with their ancestral homeland and learn about India’s history, culture, economy and scientific achievements through study tours and interactions with experts.

  • PM Modi presents Ram Mandir replica, holy water from Saryu river to Trinidad & Tobago counterpart

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi gifted a replica of the Ram Mandir in Ayodhya, along with holy water from the Saryu river and the Mahakumbh held in Prayagraj, during a dinner hosted by Trinidad and Tobago’s Prime Minister Kamla Persad-Bissessar on Thursday, underscoring the enduring cultural and spiritual ties between India and the Caribbean nation.

    “At the dinner hosted by Prime Minister Kamla Persad-Bissessar, I presented a replica of the Ram Mandir in Ayodhya and holy water from the Saryu river as well as from the Mahakumbh held in Prayagraj. They symbolise the deep cultural and spiritual bonds between India and Trinidad & Tobago,” PM Modi said in a post on X.

    “The dinner hosted by Prime Minister Kamla Persad-Bissessar had food served on a Sohari leaf, which is of great cultural significance to the people of Trinidad & Tobago, especially those with Indian roots. Here, food is often served on this leaf during festivals and other special programmes,” he added.

    At the dinner in Port of Spain, PM Modi met Rana Mohip, who had sung ‘Vaishnava Jana To’ when India marked the 150th birth anniversary of Mahatma Gandhi a few years ago, appreciating his passion towards Indian music and culture.

    PM Modi also shared glimpses of the cultural and historical ties between Trinidad & Tobago and India upon his landmark two-day visit to the Caribbean nation.

    “A cultural connect like no other! Very happy to have witnessed a Bhojpuri Chautaal performance in Port of Spain. The connect between Trinidad & Tobago and India, especially parts of eastern Uttar Pradesh and Bihar is noteworthy,” PM Modi said.

    Upon his arrival, PM Modi was also given a ceremonial welcome with people enthusiastically dancing to the beat of drums and showcasing traditional music and performances that reflected a blend of local and Indian culture.

    This is the second visit of Prime Minister Modi to the Caribbean region in 8 months; previously, the PM visited Guyana in November 2024. It shows the immense importance that India accords to the Caribbean countries and reflects India’s growing partnership with the Caribbean Community (CARICOM).

    (IANS)

  • PM Modi presents Ram Mandir replica, holy water from Saryu river to Trinidad & Tobago counterpart

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi gifted a replica of the Ram Mandir in Ayodhya, along with holy water from the Saryu river and the Mahakumbh held in Prayagraj, during a dinner hosted by Trinidad and Tobago’s Prime Minister Kamla Persad-Bissessar on Thursday, underscoring the enduring cultural and spiritual ties between India and the Caribbean nation.

    “At the dinner hosted by Prime Minister Kamla Persad-Bissessar, I presented a replica of the Ram Mandir in Ayodhya and holy water from the Saryu river as well as from the Mahakumbh held in Prayagraj. They symbolise the deep cultural and spiritual bonds between India and Trinidad & Tobago,” PM Modi said in a post on X.

    “The dinner hosted by Prime Minister Kamla Persad-Bissessar had food served on a Sohari leaf, which is of great cultural significance to the people of Trinidad & Tobago, especially those with Indian roots. Here, food is often served on this leaf during festivals and other special programmes,” he added.

    At the dinner in Port of Spain, PM Modi met Rana Mohip, who had sung ‘Vaishnava Jana To’ when India marked the 150th birth anniversary of Mahatma Gandhi a few years ago, appreciating his passion towards Indian music and culture.

    PM Modi also shared glimpses of the cultural and historical ties between Trinidad & Tobago and India upon his landmark two-day visit to the Caribbean nation.

    “A cultural connect like no other! Very happy to have witnessed a Bhojpuri Chautaal performance in Port of Spain. The connect between Trinidad & Tobago and India, especially parts of eastern Uttar Pradesh and Bihar is noteworthy,” PM Modi said.

    Upon his arrival, PM Modi was also given a ceremonial welcome with people enthusiastically dancing to the beat of drums and showcasing traditional music and performances that reflected a blend of local and Indian culture.

    This is the second visit of Prime Minister Modi to the Caribbean region in 8 months; previously, the PM visited Guyana in November 2024. It shows the immense importance that India accords to the Caribbean countries and reflects India’s growing partnership with the Caribbean Community (CARICOM).

    (IANS)

  • PM Modi presents Ram Mandir replica, holy water from Saryu river to Trinidad & Tobago counterpart

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi gifted a replica of the Ram Mandir in Ayodhya, along with holy water from the Saryu river and the Mahakumbh held in Prayagraj, during a dinner hosted by Trinidad and Tobago’s Prime Minister Kamla Persad-Bissessar on Thursday, underscoring the enduring cultural and spiritual ties between India and the Caribbean nation.

    “At the dinner hosted by Prime Minister Kamla Persad-Bissessar, I presented a replica of the Ram Mandir in Ayodhya and holy water from the Saryu river as well as from the Mahakumbh held in Prayagraj. They symbolise the deep cultural and spiritual bonds between India and Trinidad & Tobago,” PM Modi said in a post on X.

    “The dinner hosted by Prime Minister Kamla Persad-Bissessar had food served on a Sohari leaf, which is of great cultural significance to the people of Trinidad & Tobago, especially those with Indian roots. Here, food is often served on this leaf during festivals and other special programmes,” he added.

    At the dinner in Port of Spain, PM Modi met Rana Mohip, who had sung ‘Vaishnava Jana To’ when India marked the 150th birth anniversary of Mahatma Gandhi a few years ago, appreciating his passion towards Indian music and culture.

    PM Modi also shared glimpses of the cultural and historical ties between Trinidad & Tobago and India upon his landmark two-day visit to the Caribbean nation.

    “A cultural connect like no other! Very happy to have witnessed a Bhojpuri Chautaal performance in Port of Spain. The connect between Trinidad & Tobago and India, especially parts of eastern Uttar Pradesh and Bihar is noteworthy,” PM Modi said.

    Upon his arrival, PM Modi was also given a ceremonial welcome with people enthusiastically dancing to the beat of drums and showcasing traditional music and performances that reflected a blend of local and Indian culture.

    This is the second visit of Prime Minister Modi to the Caribbean region in 8 months; previously, the PM visited Guyana in November 2024. It shows the immense importance that India accords to the Caribbean countries and reflects India’s growing partnership with the Caribbean Community (CARICOM).

    (IANS)

  • World’s biggest climate fund ramps up investment plans

    Source: Government of India

    Source: Government of India (4)

    The world’s biggest multilateral climate fund said it will make its largest ever series of investments and speed up dealmaking as it looks to help poorer nations respond to global warming.

    The Green Climate Fund’s plan to release about $1.2 billion for 17 projects mostly in Asia and Africa follows approval by shareholders including the United States at a meeting this week, against a fractious political backdrop that has seen development aid slashed.

    Official development assistance could fall 17% this year after a 9% drop in 2024, the OECD said in a June report, led by hefty cuts to U.S. aid by President Donald Trump.

    “At a time when collective climate action is more needed than ever, GCF is stepping up to deliver on its mandate,” GCF Co-Chair Seyni Nafo said in a statement.

    The GCF disbursement includes $227 million for an initiative to expand green bond markets in 10 countries. Green bond markets are where companies raise capital for projects that limit climate change or otherwise benefit the environment.

    In South Asia, it will invest $200 million in the India Green Finance Facility to scale renewables and energy efficiency, while in East Africa it will invest $150 million in the food system to support nearly 18 million people.

    All the projects will bring the GCF investment portfolio to $18 billion across 133 countries. So far, countries have pledged $29.9 billion to the GCF and paid in $21 billion.

    As well as releasing more money, the GCF board also approved plans to speed up its work with partner organisations, which can include accredited entities like other multilateral lenders and so-called Direct Access Entities in developing countries.

    From an average 30 months to accredit a DAE, the aim is to shorten the time to nine months or less by overhauling its procedures, including carrying out much of the due diligence at the project stage.

    (Reuters)

  • World’s biggest climate fund ramps up investment plans

    Source: Government of India

    Source: Government of India (4)

    The world’s biggest multilateral climate fund said it will make its largest ever series of investments and speed up dealmaking as it looks to help poorer nations respond to global warming.

    The Green Climate Fund’s plan to release about $1.2 billion for 17 projects mostly in Asia and Africa follows approval by shareholders including the United States at a meeting this week, against a fractious political backdrop that has seen development aid slashed.

    Official development assistance could fall 17% this year after a 9% drop in 2024, the OECD said in a June report, led by hefty cuts to U.S. aid by President Donald Trump.

    “At a time when collective climate action is more needed than ever, GCF is stepping up to deliver on its mandate,” GCF Co-Chair Seyni Nafo said in a statement.

    The GCF disbursement includes $227 million for an initiative to expand green bond markets in 10 countries. Green bond markets are where companies raise capital for projects that limit climate change or otherwise benefit the environment.

    In South Asia, it will invest $200 million in the India Green Finance Facility to scale renewables and energy efficiency, while in East Africa it will invest $150 million in the food system to support nearly 18 million people.

    All the projects will bring the GCF investment portfolio to $18 billion across 133 countries. So far, countries have pledged $29.9 billion to the GCF and paid in $21 billion.

    As well as releasing more money, the GCF board also approved plans to speed up its work with partner organisations, which can include accredited entities like other multilateral lenders and so-called Direct Access Entities in developing countries.

    From an average 30 months to accredit a DAE, the aim is to shorten the time to nine months or less by overhauling its procedures, including carrying out much of the due diligence at the project stage.

    (Reuters)

  • World’s biggest climate fund ramps up investment plans

    Source: Government of India

    Source: Government of India (4)

    The world’s biggest multilateral climate fund said it will make its largest ever series of investments and speed up dealmaking as it looks to help poorer nations respond to global warming.

    The Green Climate Fund’s plan to release about $1.2 billion for 17 projects mostly in Asia and Africa follows approval by shareholders including the United States at a meeting this week, against a fractious political backdrop that has seen development aid slashed.

    Official development assistance could fall 17% this year after a 9% drop in 2024, the OECD said in a June report, led by hefty cuts to U.S. aid by President Donald Trump.

    “At a time when collective climate action is more needed than ever, GCF is stepping up to deliver on its mandate,” GCF Co-Chair Seyni Nafo said in a statement.

    The GCF disbursement includes $227 million for an initiative to expand green bond markets in 10 countries. Green bond markets are where companies raise capital for projects that limit climate change or otherwise benefit the environment.

    In South Asia, it will invest $200 million in the India Green Finance Facility to scale renewables and energy efficiency, while in East Africa it will invest $150 million in the food system to support nearly 18 million people.

    All the projects will bring the GCF investment portfolio to $18 billion across 133 countries. So far, countries have pledged $29.9 billion to the GCF and paid in $21 billion.

    As well as releasing more money, the GCF board also approved plans to speed up its work with partner organisations, which can include accredited entities like other multilateral lenders and so-called Direct Access Entities in developing countries.

    From an average 30 months to accredit a DAE, the aim is to shorten the time to nine months or less by overhauling its procedures, including carrying out much of the due diligence at the project stage.

    (Reuters)

  • Indian stock market opens marginally higher, Nifty above 25,400

    Source: Government of India

    Source: Government of India (4)

    The domestic benchmark indices opened marginally higher on Friday amid mixed global cues, with early buying seen in the IT, PSU bank and financial services sectors.

    At around 9:34 am, the Sensex was trading 32.52 points, or 0.04 per cent, higher at 83,271.99, while the Nifty added 3.45 points, or 0.01 per cent, to reach 25,408.75.

    According to analysts, the Nifty 50 opened on a positive note but failed to sustain its momentum, breaching its intraday support at 25,450 and forming a bearish candlestick pattern on the daily chart.

    “This development may signal a potential trend reversal; however, further confirmation is awaited. A sustained move above 25,600 could pave the way for a rally toward 25,750,” said Hardik Matalia, Derivative Analyst at Choice Broking.

    On the downside, immediate support is seen at 25,222 and 25,120, which could act as potential entry levels for long positions, he added.

    Nifty Bank was up 9.90 points, or 0.02 per cent, at 56,801.85 in early trade.

    The Nifty Midcap 100 index was trading at 59,771.65 after gaining 88.40 points, or 0.15 per cent. The Nifty Smallcap 100 index stood at 19,051.80, up 24.75 points, or 0.13 per cent.

    Analysts said investors should watch for possible changes in the earnings growth trajectory, indications of which will emerge with the Q1 results expected soon. Outperformance is likely to be company-specific rather than sector-specific.

    Among Sensex constituents, Bajaj Finance, Bajaj Finserv, BEL, HDFC Bank and Hindustan Unilever Limited were the top gainers. Trent, Tata Steel, Tech Mahindra and Titan were among the top losers.

    On the institutional front, Foreign Institutional Investors (FIIs) extended their selling streak for the fourth consecutive day, offloading equities worth Rs 1,481.19 crore on July 3. In contrast, Domestic Institutional Investors (DIIs) continued their buying activity, purchasing equities worth Rs 1,333.06 crore on the same day.

    In Asian markets, Bangkok, Hong Kong, Japan, Seoul and Jakarta were trading in the red, while only China was trading in the green.

    In the last trading session, the Dow Jones in the US closed at 44,828.53, up 344.11 points, or 0.77 per cent. The S&P 500 ended with a gain of 51.93 points, or 0.83 per cent, at 6,279.35, and the Nasdaq closed at 20,601.10, up 207.97 points, or 1.02 per cent.

    Viram Shah, Founder and CEO of Vested Finance, said the US markets closed sharply higher on Thursday on the back of a stronger-than-expected jobs report, with 147,000 jobs added and unemployment dipping to 4.1 per cent. This helped push the S&P 500 and Nasdaq to record highs.

    —IANS

  • PM Modi presents Ram Mandir replica, holy water from Saryu river to Trinidad & Tobago counterpart

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi gifted a replica of the Ram Mandir in Ayodhya, along with holy water from the Saryu river and the Mahakumbh held in Prayagraj, during a dinner hosted by Trinidad and Tobago’s Prime Minister Kamla Persad-Bissessar on Thursday, underscoring the enduring cultural and spiritual ties between India and the Caribbean nation.

    “At the dinner hosted by Prime Minister Kamla Persad-Bissessar, I presented a replica of the Ram Mandir in Ayodhya and holy water from the Saryu river as well as from the Mahakumbh held in Prayagraj. They symbolise the deep cultural and spiritual bonds between India and Trinidad & Tobago,” PM Modi said in a post on X.

    “The dinner hosted by Prime Minister Kamla Persad-Bissessar had food served on a Sohari leaf, which is of great cultural significance to the people of Trinidad & Tobago, especially those with Indian roots. Here, food is often served on this leaf during festivals and other special programmes,” he added.

    At the dinner in Port of Spain, PM Modi met Rana Mohip, who had sung ‘Vaishnava Jana To’ when India marked the 150th birth anniversary of Mahatma Gandhi a few years ago, appreciating his passion towards Indian music and culture.

    PM Modi also shared glimpses of the cultural and historical ties between Trinidad & Tobago and India upon his landmark two-day visit to the Caribbean nation.

    “A cultural connect like no other! Very happy to have witnessed a Bhojpuri Chautaal performance in Port of Spain. The connect between Trinidad & Tobago and India, especially parts of eastern Uttar Pradesh and Bihar is noteworthy,” PM Modi said.

    Upon his arrival, PM Modi was also given a ceremonial welcome with people enthusiastically dancing to the beat of drums and showcasing traditional music and performances that reflected a blend of local and Indian culture.

    This is the second visit of Prime Minister Modi to the Caribbean region in 8 months; previously, the PM visited Guyana in November 2024. It shows the immense importance that India accords to the Caribbean countries and reflects India’s growing partnership with the Caribbean Community (CARICOM).

    (IANS)

  • PM Modi presents Ram Mandir replica, holy water from Saryu river to Trinidad & Tobago counterpart

    Source: Government of India

    Source: Government of India (4)

    Prime Minister Narendra Modi gifted a replica of the Ram Mandir in Ayodhya, along with holy water from the Saryu river and the Mahakumbh held in Prayagraj, during a dinner hosted by Trinidad and Tobago’s Prime Minister Kamla Persad-Bissessar on Thursday, underscoring the enduring cultural and spiritual ties between India and the Caribbean nation.

    “At the dinner hosted by Prime Minister Kamla Persad-Bissessar, I presented a replica of the Ram Mandir in Ayodhya and holy water from the Saryu river as well as from the Mahakumbh held in Prayagraj. They symbolise the deep cultural and spiritual bonds between India and Trinidad & Tobago,” PM Modi said in a post on X.

    “The dinner hosted by Prime Minister Kamla Persad-Bissessar had food served on a Sohari leaf, which is of great cultural significance to the people of Trinidad & Tobago, especially those with Indian roots. Here, food is often served on this leaf during festivals and other special programmes,” he added.

    At the dinner in Port of Spain, PM Modi met Rana Mohip, who had sung ‘Vaishnava Jana To’ when India marked the 150th birth anniversary of Mahatma Gandhi a few years ago, appreciating his passion towards Indian music and culture.

    PM Modi also shared glimpses of the cultural and historical ties between Trinidad & Tobago and India upon his landmark two-day visit to the Caribbean nation.

    “A cultural connect like no other! Very happy to have witnessed a Bhojpuri Chautaal performance in Port of Spain. The connect between Trinidad & Tobago and India, especially parts of eastern Uttar Pradesh and Bihar is noteworthy,” PM Modi said.

    Upon his arrival, PM Modi was also given a ceremonial welcome with people enthusiastically dancing to the beat of drums and showcasing traditional music and performances that reflected a blend of local and Indian culture.

    This is the second visit of Prime Minister Modi to the Caribbean region in 8 months; previously, the PM visited Guyana in November 2024. It shows the immense importance that India accords to the Caribbean countries and reflects India’s growing partnership with the Caribbean Community (CARICOM).

    (IANS)

  • No progress at all, Trump says after phone call with Putin

    Source: Government of India

    Source: Government of India (4)

    U.S. President Donald Trump said on Thursday that a phone call earlier in the day with Vladimir Putin resulted in no progress at all on efforts to end the war in Ukraine, while a Kremlin aide said the Russian president reiterated that Moscow would keep pushing to solve the conflict’s “root causes.”

    The two leaders did not discuss a recent pause in some U.S. weapons shipments to Kyiv during the nearly hour-long conversation, according to a readout provided by Putin aide Yuri Ushakov.

    U.S. attempts to end Russia’s war in Ukraine through diplomacy have largely stalled, and Trump has faced growing calls – including from some Republicans – to increase pressure on Putin to negotiate in earnest.

    Within hours of the call’s conclusion, an apparent Russian drone attack sparked a fire in an apartment building in a northern suburb of Kyiv, Ukrainian officials said, indicating little change in the trajectory of the conflict.

    In Kyiv itself, witnesses reported explosions and sustained heavy machine-gun fire as air defense units battled drones over the capital, while Russian shelling killed five people in the eastern part of the country.

    “I didn’t make any progress with him at all,” Trump told reporters in brief comments at an air base outside Washington, before departing for a campaign-style event in Iowa.

    Ukrainian President Volodymyr Zelenskiy, meanwhile, told reporters in Denmark earlier in the day that he hopes to speak to Trump as soon as Friday about the ongoing pause in some weapons shipments, which was first disclosed earlier this week.

    Trump, speaking to reporters as he left Washington for Iowa, said “we haven’t” completely paused the weapons flow but blamed his predecessor, Joe Biden, for sending so many weapons that it risked weakening U.S. defenses.

    “We’re giving weapons, but we’ve given so many weapons. But we are giving weapons. And we’re working with them and trying to help them, but we haven’t. You know, Biden emptied out our whole country giving them weapons, and we have to make sure that we have enough for ourselves,” he said.

    The diplomatic back-and-forth comes as the U.S. has paused shipments of certain critical weapons to Ukraine due to low stockpiles, just as Ukraine faces a Russian summer offensive and increasingly frequent attacks on civilian targets.

    Putin, for his part, has continued to assert he will stop his invasion only if the conflict’s “root causes” have been addressed – Russian shorthand for the issue of NATO enlargement and Western support for Ukraine, including the rejection of any notion of Ukraine joining the NATO alliance.

    Russian leaders are also angling to establish greater control over political decisions made in Kyiv and other Eastern European capitals, NATO leaders have said.

    The pause in U.S. weapons shipments caught Ukraine off-guard and has generated widespread confusion about Trump’s current views on the conflict, given his statement just last week that he would try to free up a Patriot missile defense system for use by Kyiv.

    Ukrainian leaders called in the acting U.S. envoy to Kyiv on Wednesday to underline the importance of military aid from Washington, and caution that the pause in U.S. weapons shipments would weaken Ukraine’s ability to defend against intensifying Russian air strikes and battlefield advances.

    The Pentagon’s move has meant a cut in deliveries of the Patriot defense missiles that Ukraine relies on to destroy fast-moving ballistic missiles, Reuters reported on Wednesday.

    Ushakov, the Kremlin aide, said that while Russia was open to continuing to speak with the U.S., any peace negotiations needed to occur between Moscow and Kyiv.

    That comment comes amid some indications that Moscow is trying to avoid a trilateral format for any potential peace negotiations. The Russians asked American diplomats to leave the room during such a meeting in Istanbul in early June, Ukrainian officials have said.

    Trump and Putin did not talk about a face-to-face meeting, Ushakov said.

    (Reuters)

  • MIL-OSI New Zealand: Prolific shoplifters on the list . . . for court

    Source: New Zealand Police

    Counties Manukau Police nabbed four prolific shoplifters after allegedly racking up more than $17,000 in unpaid groceries.

    Earlier this week Police arrested a 54-year-old man from Manurewa after he was identified as a high risk, recidivist retail crime offender.

    Counties Manukau Central Area Prevention Manager, Inspector Warrick Adkin, says officers visited the man at home where he was arrested and charged with 12 counts of shoplifting and burglary.

    Inspector Adkin says it’s alleged the man has stolen more $10,000 worth of grocery items and other products in the space of just two months.

    “His arrest is a great win for retailers and Police as the offender has allegedly been actively targeting retail stores across Counties Manukau District on a daily basis.”

    The man has been remanded in custody and will reappear in Manukau District Court on 18 August.

    Inspector Adkin says Police also apprehended a further three people in relation to shoplifting and burglary offences throughout the district in the past six months.

    “We have charged the trio, who are family members, with a total of 36 charges.

    “We will allege the group stole more than $7000 worth of grocery items.

    “It’s really pleasing to have brought four people before the court in relation to these crimes and for them to be held accountable for their actions.”

    A 54-year-old man was remanded in custody to reappear in Manukau District Court on 22 July facing charges of shoplifting and burglary.

    A 53-year-old woman charged with seven counts of shoplifting will appear in Manukau District Court today.

    A 20-year-old woman facing 14 charges of shoplifting will reappear in Manukau District Court on 18 July.

    ENDS.

    Holly McKay/NZ Police

    MIL OSI New Zealand News